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.
An undocumented Mark Rothko painting could fetch as much as $22 million at Christie’s in New York next month as collectors from Moscow to Qatar vie for trophy art.
Rachel “Bunny” Mellon, the heiress to one of America’s great business fortunes whose support of presidential candidate John Edwards had attracted her, at 100, the type of public scrutiny she had spent a lifetime avoiding, has died. She was 103.
Sotheby’s has scored two major consignments ahead of the big November art auctions, with a Pablo Picasso and a Mark Rothko that together could sell for as much as $70 million.
A 1951 drip painting by Jackson Pollock sold for $40.4 million at Sotheby’s in New York tonight, setting an auction record for the Abstract Expressionist artist (1912-1956).
A tax exile and his wife sneak back to the U.K. for some time alone at home.
In the 1980s, Pei-Shen Qian, the painter at the center of an $80 million art forgery case, used to set up his easel near Manhattan’s West Fourth Street and hustle.
The high-end art market plowed ahead in 2012 as collectors looked for alternatives to the stock market volatility amid the European debt crisis and concerns in the U.S. about a new budget.
New York’s defunct Knoedler Gallery was sued by a Liechtenstein-based family trust, which accused the gallery of selling a forged painting by the late artist Mark Rothko for $5.5 million.
Sotheby’s bounced back from last week’s lackluster sales with its biggest-ever auction, setting records for six artists including Jackson Pollock, Franz Kline and Arshile Gorky.
"that he had strong roots here, that he had history here."
- Mark Rothko on Apr 29, 2013