Ben Brown News
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London art dealer Ben Brown puts photos of the Royal Wedding up for sale today. In one, Prince William is leading a conga dance, followed by his bride Kate and Elton John . In another, the happy couple cut the cake while Corgi dogs forage for food and Queen Elizabeth looks bored.
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A small band of evaluators is driving the prices for paintings and sculpture as the market rises.
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As the fine art market rebounds from a two-year slump, investors should consider what happened when two established appraisers were called upon to place a value on Hole and Vessel II, an abstract sculpture by Anish Kapoor .
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A unique 1945 Joan Miro wood sculpture, “Oiseau Lunaire,” priced at $5 million, was confirmed sold today at the opening of the world’s largest art-and-antiques fair.
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Pablo Picasso said art should never be exposed to those who aren’t sufficiently prepared for it. Three sales in Hong Kong this week will show whether Asia is sufficiently prepared for Picasso.
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Works by Andy Warhol and Jeff Koons boosted a 45.6 million pound ($68.2 million) sale in London last night, settling nerves in the market for contemporary art as almost half the successful bids were above presale estimates.
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The Internet revolution has at long last reached international art fairs as a new event tests buyers’ willingness to shop online for contemporary works.
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The recovery in the global art market slowed at the latest bellwether auctions of Impressionist and contemporary works where overpriced lots struggled to attract bidding, dealers said.
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