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.
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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.
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ONLY £130 MILLION FOR SOTHEBY'S SALE OF CONTEMPORARY IN LONDON Sotheby's sale of Contemporary art held in London on July 1, 2015 only achieved £130,4 million, a fine total however 12 million short from its low expectations as four of its top lots were unsold. Link
OVER 18 MILLION GBP FOR PHILLIP'S SALE OF CONTEMPORARY ART IN LONDON
150 MILLION USD FOR CHRISTIE'S SALE OF CONTEMPORARY ART IN LONDON
Christie's realised £95.6 million, or $150.1 million for its sale of Contemporay art held in London on June 30, 2015, of sales, well within the pre-sale estimate of £82/117 million (prices include the buyer's premium) while 30 lots sold on or below the low estimate with little bidding, and no less than four gerhard Richter's paintings, including two abstracts, were unsold.
OVER 112 MILLION USD FOR CHRISTIE'S SALE OF IMPRESSIONIST AND MODERN ART IN LONDON Christie's Impressionist & Modern Art Evening Sale held on June 24, 2015 realised £71,461,000 with strong sell-through rates of 84% by lot and 92% by value. Link
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OVER 318 000 US DOLLARS FOR CHRISTIE'S MAY 10, 2016 SALE OF POST-WAR AND CONTEMPORARY ART
