When Cosmo Wenman went to the J. Paul Getty Museum in Los Angeles in late May, he did what many people do.
Reinhold Wuerth, a German billionaire who turned a family-owned screw wholesaler into a global company, paid more than $70 million to buy a Holbein painting, beating a bid from the Staedel Museum in Frankfurt.
The J. Paul Getty Museum in Los Angeles agreed to return a 17th-century Dutch painting to the heir of a Jewish art dealer who was forced to flee the Netherlands when the Nazis invaded.
A Raphael drawing sold last night at auction for $47.8 million, the highest price for any work on paper.
It took three flatbed trucks, two cranes and a crew of 20 to install Roy Lichtenstein’s sculptures of bold brushstrokes on the front lawn of the Parrish Art Museum in Water Mill, New York.
A Picasso painting was among early sales as Ronald Lauder, Kanye West and Sheikh Saud al Thani were among VIPs browsing the world’s biggest art and antiques fair.