Heirs of Alexander Calder, the American modernist who invented the moving sculpture known as the mobile, lost a $20 million fraud lawsuit against the estate of his longtime dealer, Klaus Perls.
The heirs of American modernist artist Alexander Calder, the inventor of the moving sculpture known as the mobile, have accused his longtime confidant, the art dealer Klaus Perls, of defrauding his estate out of millions of dollars.
Major works by Francis Bacon, Andy Warhol and Mark Rothko are set to fuel Christie’s auction of postwar and contemporary art in New York next month with a target of $500 million.
Andy Warhol, the top artist by auction revenue in 2012, will take on Asia next month.
A lighter side of Andy Warhol appears at Manhattan’s L&M Arts in 27 ink-and-watercolor drawings of hats, each identified with a famous name.