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By Adrian Darmon
HUGE SCANDAL ROCKS THE PARIS ART MARKET by Adrian Darmon A huge scandal has rocked the Paris art market following the arrests of two of its main representatives suspected of having sold fake pieces of furniture, notably to the royal chateau of Versailles. Link
TWO DOCUMENTS SIGNED BY PRESIDENT LINCOLN SOLD FOR 4,5 MILLION USD Two documents signed by Abraham Lincoln in his drive to abolish slavery in the 19th century have sold for more than $4.5 million at Sotheby's on May 25, 2016 in New York. Link
BAD SALE FOR IMPRESSIONIST AND MODERN WORKS AT CHRISTIE'S Christie's Impressionist and modern sale on Thursday, May 12, 2016 totaled $141 million, just at the low tip of the $138.3 million to $203.4 million range. Of 51 lots on offer, one was withdrawn) and 44 were sold. Link
OVER 318 000 US DOLLARS FOR CHRISTIE'S MAY 10, 2016 SALE OF POST-WAR AND CONTEMPORARY ART
A VERY DISTURBING CASE OF FAKES FOR THE FRENCH ART MARKET by Adrian Darmon On April 27, 2016 artcult
indicated that following the scandal of forged 18th Century pieces of
furniture sold by Jean Lupu, a famed Parisian dealer, a greater one
likely to disrupt the French art market was about to emerge, notably
concerning certain acquisitions made by the Château of Versailles.
Link
CHRISTIE'S 2015 SALES DOWN BY 5% Christie's, the world's leading art business, announced 2015 sales of £4.8 billion ($7.4 billion), down 5% (by£) for the same period in 2014. Link
WORLD RECORD PRICE FOR A 16TH CENTURYTALMUD A 16th century Talmud
printed by Daniel Bomberg sold at Sotheby's on New York for $9.3 million
to rare books expert Stephan Loewentheil—who was apparently a proxy for
private equity baron Leon Black—and set a world record for Judaica sold
at auction.The book is one of first complete editions of the Babylonian
Talmud, all printed by Bomberg in the 1500s, of which only 14 copies
survive.
Link