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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: art collector

art collector stories: 14 news summaries

  Warhol Collection 
 Stolen From LA Home 

$1 million reward offered after fortune in original Warhol art vanishes

Sep 12, 09 5:58 AM CDT
(Newser) - A multi-million dollar collection of portraits by Andy Warhol has been stolen from a prominent collector's home, the Los Angeles Times reports. Former investment banker Richard Weisman's housekeeper discovered that The Athletes series of 11 portraits—worth as much as a million a pop—had vanished when she entered the... More »

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art • Andy Warhol • theft • painting • art collector

(Newser) - Herb and Dorothy Vogel had just modest incomes—he was a postal clerk, she a librarian—but over four decades they acquired more than 3,600 drawings, paintings, and collages from America's leading artists. They collected so much that they had to stuff works under their bed. But now the... More »

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art museum • art • modern art • museum • collecting • art collector • art donations

 Madoff's Money Man Sells 
 Rothkos for $310M 

Merkin unloads art, but buyer's identity a mystery

Jul 1, 09 7:53 AM CDT
(Newser) - Ezra Merkin, the financier who pumped billions of his clients' money into Bernie Madoff's Ponzi scheme, is selling more than 10 paintings by Mark Rothko and two sculptures by Alberto Giacometti for $310 million, reports the Wall Street Journal. Some of the proceeds may go to his defrauded investors, who... More »

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art market • fraud • art • Mark Rothko • art collector • Ponzi scheme • Bernard Madoff • Ezra Merkin • Alberto Giacometti

Lehman CEO's Art Collection Goes Up for Sale

Richard Fuld's wife puts $20M in prized drawings on the block

Sep 27, 08 9:16 AM CDT
(Newser) - A $20-million collection of abstract expressionist drawings belonging to Lehman boss Richard Fuld and his wife is to be sold by Christie's, Bloomberg reports. Fuld's net worth has taken a whack with the collapse of Lehman stock; the sale, which includes 3 de Koonings, was anounced 4 days after the... More »

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art • Christie's • Lehman Brothers • art collector • art auction • Richard Fuld

 Hearst Group 
 to Auction 
 Night at Xanadu 

Organizers hope to raise $100K to restore Hearst art collection

Sep 10, 08 5:42 AM CDT
(Newser) - Wanna-be Citizen Kanes have a once-in-a-lifetime opportunity to spend a night at Hearst Castle—if they can pony up enough cash. A single night for two at William Randolph Heart's ultra-luxe California digs is going up for auction this month on eBay to raise funds to restore the legendary publisher's... More »

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California • Citizen Kane • William Randolph Hearst • art collector

Beetle Bailey
Finds New
Barracks

Creator Mort Walker's Cartoon Museum is Ohio-bound

Jul 16, 08 1:14 PM CDT
(Newser) - One of the world's biggest collections of cartoon art has found a new home at Ohio State University, the Wall Street Journal reports. "Beetle Bailey" creator Mort Walker amassed more than 200,000 pieces of cartoon art during his 7 decades in the business but had to move his... More »

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cartoon • art collector • cartoonist • Ohio State University • comic strips • cartoon characters

Carla Nude Pic Fetches $91K
at Christie's

1993 portrait of Sarko's wife goes for 20 times expected price

Apr 10, 08 8:11 PM CDT
(Newser) - Sarkozy isn't the only one who gets to see his wife in the buff: a collector paid $91,000 for a photograph of a naked Carla Bruni at Christie's today. The auction house expected Michel Comte's 1993 portrait of the French first lady to sell for no more than $4,... More »

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Nicolas Sarkozy • art • Christie's • photography • auction • art collector • art auction • Carla Bruni

 Not a Great Time to Be an Artist 

Top financier predicts sharp downturn in market

Apr 3, 08 5:50 PM CDT
(Newser) - The exploding art market may be about to deflate: New York’s flurry of contemporary art fairs last week had surprisingly good sales in light of the economic times, reports Portfolio, but the president of one of the nation’s most active lenders against art predicts a sharp downturn from... More »

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art market • contemporary art • art • recession • art collector • art auction

Sonic Youth's Album Art for Sale

Painting that graced classic Daydream Nation cover goes up for auction

Feb 21, 08 11:25 AM CST
(Newser) - Music fans for whom Sonic Youth's Daydream Nation is an all-time classic will get a chance next week to bid on the painting that served as album-cover art, the Independent reports. Kerze (Candle), a 1983 work by German Gerhard Richter, is one in a series of still lifes based... More »

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art market • art • Sotheby's • painting • rock and roll • art collector • Sonic Youth • art auction • Gerhard Richter

Uncertain Art World Awaits Fall Sales

Credit crisis has auctioneers, galleries bracing for bear market

Aug 29, 07 10:47 AM CDT
(Newser) - As the art world returns from its summer hiatus, dealers, auctioneers, and collectors are on edge about a possible downturn in the market, the Times reports. Fallout from the global credit crunch has led to speculation that astronomical prices for art, particularly in the contemporary sector, may be heading for... More »

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art market • Eli Broad • art • auction • credit crisis • art collector

Ridiculed Edsel Gains Traction

Ford's failure finds fans among auto collectors

Aug 25, 07 12:16 PM CDT
(Newser) - The Ford Edsel, a symbol of commercial failure since its release 50 years ago, is finding a niche among admiring collectors, the LA Times reports. With only an estimated 5 or 6,000 left on the market since the line was discontinued in 1960, many are fetching high prices at... More »

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auction • Ford • Edsel • art collector • cars

Communist Art Is Capitalist Hit  

Russian collectors get nostalgic for commie propaganda art, bucolic peasant scenes

Apr 23, 07 12:50 PM CDT
(Newser) - Nostalgia for the good old days of the USSR is in—at least for Russian art collectors. These days, communist-inspired paintings of peasant scenes and heroic workers have acquired a uniquely capitalist hipness. "The art was propaganda of happiness," says Yuri Tyukhtin, a banker who runs an art... More »

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Russia • communism • propaganda • art • collecting • USSR • capitalism • Soviet • art collector

Can Chinese Art Stay Hot?

It's all the rage in Europe, but will Chinese-themed art lose its market power?

Apr 20, 07 12:35 PM CDT
(Newser) - After a year of high excitement and higher prices, Chinese artists are hot at influential European fairs. But the bubble may have grown too fast, and Portfolio's Alexandra Wolfe reports on speculation that it's about to burst. One curator says Chinese art is "a consumer category, not a collector... More »

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China • art market • Chinese art • art • collecting • art collector

Art Market Fuels Boom in Private Museums

Contemporary collectors keep architects busy designing special exhibition spaces

Mar 18, 07 10:13 PM CDT
(Newser) - Contemporary art collectors, no longer content to hang the Julian Schnabel over the sofa, are commissioning celebrity architects to design special exhibition spaces, complete with soaring ceilings, professional lighting, and temperature controls. With the art market booming, so is the market for private museums, worrying some observers that important works... More »

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art market • contemporary art • private museums • Richard Gluckman • Rene Gonzalez • Richard Meier • Michael Matzan • Julian Schnabel • architecture • art • art collector

14 Stories


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