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☆ Viral banana artwork has sold again — this time for $6.24 million
▼ + stars: | 2024-11-21 | by ( Oscar Holland | ) edition.cnn.com time to read: +5 min

But artist Maurizio Cattelan’s viral creation, titled “Comedian,” has proven a sound investment for one collector: One of the artwork’s three “editions” smashed estimates to sell for $6.24 million at a Sotheby’s auction in New York on Wednesday. The auction house had estimated the work to go for between $1 million to $1.5 million; bidding began at $800,000. Prior to the sale, Sotheby’s confirmed to CNN that neither the tape nor, thankfully, the banana are the originals. The Miami installation was eventually removed amid public safety concerns, but all three editions were sold at the fair. In interviews given since the Miami installation, Cattelan has described “Comedian” as a work of commentary.

Persons: Maurizio Cattelan’s, ”, , Oliver Barker, Sotheby’s, Justin Sun, ” Sun, “, ’, Marcel Duchamp’s, David Datuna, David Galperin, ” Galperin Organizations: CNN, Art Basel Miami Beach, Guggenheim, Art Newspaper, Leeum Museum of Art, Seoul National University Locations: New York, Miami, Americas, Seoul, South Korea, London, Paris, Milan, Hong Kong, Dubai, Taipei, Tokyo, Los Angeles

☆ Maurizio Cattelan’s viral banana artwork ‘Comedian’ could now be worth $1.5 million
▼ + stars: | 2024-10-25 | by ( Oscar Holland | ) edition.cnn.com time to read: +4 min

But artist Maurizio Cattelan’s viral creation, titled “Comedian,” may yet prove a sound investment: On Friday, auction house Sotheby’s announced that one of the artwork’s three “editions” is going back on sale — this time with an estimate of $1 million to $1.5 million. “‘Comedian’ is a conceptual artwork, and the actual physical materials are replaced with every installation,” an auction spokesperson said via email. The Miami installation was eventually removed amid public safety concerns, but all three editions were sold at the fair. In interviews given since the Miami installation, Cattelan has described “Comedian” as a work of commentary. An installation shot of "Comedian" released by Sotheby's auction house ahead of the sale.

Persons: Maurizio Cattelan’s, ”, Sotheby’s, “, ’, Marcel Duchamp’s, David Datuna, David Galperin, ” Galperin Organizations: CNN, Art Basel Miami Beach, Guggenheim, Art Newspaper, Leeum Museum of Art, Seoul National University Locations: Miami, New York, Americas, Seoul, South Korea, York, London, Paris, Milan, Hong Kong, Dubai, Taipei, Tokyo, Los Angeles

☆ Painting by AI robot Ai-Da could fetch more than $120,000 at auction
▼ + stars: | 2024-10-24 | by ( Carlie Porterfield | ) edition.cnn.com time to read: +4 min

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. CNN —Sotheby’s will sell its first work credited to a humanoid robot using artificial intelligence (AI) later this month. Portrait of Alan Turing (2024)” was created by Ai-Da Robot, the artist robot and brainchild of British gallerist Aidan Meller. The work "AI God Polyptych," by Ai-Da Sotheby’sBut Ai-Da is more than a pretty face. Read more stories from The Art Newspaper here.

Persons: CNN —, “ A.I, Alan Turing, ”, Ai, Aidan Meller, Meller, CNN’s Anna Stewart, gallerist, Da, Aidan Mellor, Mellor, Turing, Sotheby’s, “, Marcel Duchamp, Lucy Seale, ” Ai, Polyptych, I’m Organizations: The Art, CNN, United, CBS, Digital Locations: Geneva, United Nations

☆ Magritte’s ‘L’empire des lumières’ could fetch $95M at Christie’s New York auction
▼ + stars: | 2024-09-22 | by ( Carlie Porterfield | ) edition.cnn.com time to read: +2 min

CNN —A rare painting from René Magritte’s famous “L’empire des lumières” series is estimated to sell for more than $95 million at Christie’s New York this fall, a sum that would break the Surrealist artist’s record at auction and represent a major win for the auction house after softened sales across the industry. “L’empire des lumières,” from 1954, is one of the 27 paintings in which Magritte explored light by painting a sunlit sky above a darkened street scene. René Magritte's L'empire des lumières Courtesy of Chrstie’sThe present painting comes from the estate of the late Mica Ertegun, an interior designer who was married to Ahmet Ertegun, a co-founder of Atlantic Records and a prolific art collector. “But of all the works she lived with, Magritte’s ‘L’empire des lumières’ most nearly captures her aesthetic philosophy in its balance and restraint,” Max Carter, Christie’s vice chairman of 20th and 21st century art, said in a statement. Last week, the auction house revealed it is acquiring Gooding & Company, a collector car auctioneer, 17 years after exiting the car market.

Persons: René, Magritte, Mica Ertegun, Ahmet Ertegun, Joan Miró, David Hockney, Ertegun, Andy Warhol, Magritte’s, ” Max Carter, Ertegun Magritte, Christie’s Organizations: The Art, CNN, Christie’s, Belgian, Atlantic Records, Humanities, Oxford University , Jazz, Lincoln Center, Fund, Gooding & Company Locations: York, ”, Sotheby’s, London, New York

☆ What are the best galleries in New York? Artists choose their favorites
▼ + stars: | 2024-08-12 | by ( Lucy Handley | In | ) www.cnbc.com time to read: +5 min

CNBC asked artists to name their top New York galleries, ranging from the well-known to the underground. London-based screen-printing artist Diego Arellano likes Manhattan's Chelsea galleries for their large rooms and high ceilings. Hauser & Wirth has two Chelsea galleries, and both are currently showing work by Hungarian-born U.S. artist Rita Ackermann. The Dia Chelsea gallery in New York City will show an exhibition by British filmmaker Steve McQueen in September. Dia Chelsea | Elizabeth FelicellaBrooklyn resident and artist Zhuo Xiong also favors Chelsea galleries.

Persons: Sean Zanni, Patrick Mcmullan, Diego Arellano, Dia, Arellano, Dia Chelsea, Steve McQueen, Wirth, Rita Ackermann, The Dia, Elizabeth Felicella, Zhuo Xiong, Chelsea —, David Zwirner, Xiong, Wendy Olsoff, Penny Pilkington, Edward Akrout, Akrout, Sasha Maslov, Solomon, Eugene Gologursky, Kate Lewis, Matisse, Hopper, Degas, Henri Matisse, Edgar Degas, Edward Hopper, Lewis, Whitney, Metropolitan Museum of Art Xiong, —, gallerists Akrout, Rob Kim Organizations: Whitney Museum of American Art, Getty, Metropolitan Museum of Art, of Modern Art, Art Newspaper, CNBC, Chelsea, Hauser & Wirth, Hauser, The, Tribeca, New, Arellano, Whitney, MoMA, Guggenheim, Whitney Museum of American, Guggenheim Museum, Solidarity, Museum of Modern Art, Maison, Broadway, Swiss Institute Locations: New York City, York, New York, London, Hungarian, The Dia Chelsea, British, Elizabeth Felicella Brooklyn, Chelsea, Tribeca, Ukraine, Mriya, Meatpacking, Manhattan, Midtown, Inner Mongolia, Chinatown, East, Chinatown , New York

☆ Giant pigeon to perch atop New York City’s High Line
▼ + stars: | 2024-08-02 | by ( Benjamin Sutton | ) edition.cnn.com time to read: +3 min

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. The next commission to alight above Tenth Avenue on the park’s prominent plinth will be Dinosaur (2024), a hyper-realist aluminum sculpture of a pigeon by Iván Argote, the Bogotá-born, Paris-based artist. Courtesy the artist/The High LineLike many New Yorkers, pigeons are not native to the region. “Iván has a charming ability as an artist to take something familiar and make us consider it anew in profound ways,” Cecilia Alemani, the director and chief curator of High Line Art, said in a statement. Courtesy the artist/The High LineArgote’s prominent pigeon will be the fourth High Line Plinth commission, following works by Pamela Rosenkranz, Simone Leigh and Sam Durant.

Persons: Iván Argote, “, ” Argote, “ Iván, ” Cecilia Alemani, Joseph Gallieni, Marcel Duchamp, Pamela Rosenkranz, Simone Leigh, Sam Durant, Argote’s Organizations: The Art, CNN, Tenth, Centre Pompidou Locations: Paris, New York, “

☆ National Portrait Gallery acquires Dolley Madison daguerreotype — the earliest known photograph of a US First Lady
▼ + stars: | 2024-07-09 | by ( Torey Akers | ) edition.cnn.com time to read: +3 min

CNN —The Smithsonian’s National Portrait Gallery (NPG) in Washington, DC, has acquired the earliest known photograph of a US First Lady. The quarter-plate daguerreotype of former First Lady Dolley Madison, wife of fourth US president James Madison, dates from around 1846. The Dolley Madison daguerreotype, made by artist and entrepreneur John Plumbe Jr., shows the trailblazing First Lady when she was in her late seventies. In addition to his portrait of Madison, he created the earliest extant image of the US Capitol. Courtesy Sotheby'sThe NPG bought the Madison photograph for $456,000 at a Sotheby’s auction of books, manuscripts and Americana on June 28, more than six times the lot’s high estimate of $70,000.

Persons: Dolley Madison, James Madison, John Quincy Adams, Philip Haas, Madison daguerreotype, John Plumbe Jr, Madison, Lonnie G, Joseph L, Emily K, ” Bunch, Dolley Payne Todd Madison, Lady, soirees, Zachary Taylor, ”, Louis Daguerre Organizations: The Art, CNN, Capitol, Plumbe, Madison, Smithsonian, Gidwitz, Foundation Endowment, US Locations: Washington ,, America, United States, Philadelphia, Washington, Madison

☆ A provocative new work from the artist behind that duct taped banana tackles gun violence in America
▼ + stars: | 2024-05-03 | by ( Gareth Harris | ) edition.cnn.com time to read: +2 min

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. (CNN) — The Italian artist and provocateur Maurizio Cattelan shines a light on gun violence and the divisions in US society in a new installation at Gagosian in New York City. “We live in a world where the rich are getting richer and the poor are becoming poorer,” Cattelan told The Art Newspaper. America was about wealth, and this new work is about violence and wealth,” he added. Read more stories from The Art Newspaper here.

Persons: —, provocateur Maurizio Cattelan, “, ” Cattelan, Solomon, Gagosian, Francesco Bonami, Maurizio Cattelan's, Kevin Frayer, ”, Read Organizations: The Art, CNN, Art, Guggenheim Museum, Gagosian, UCCA, Contemporary Art, Art Basel Locations: New York City, Brooklyn, Europe, ‘ America, United States, America, Beijing, China, Miami Beach

☆ JR punches a tunnel through Milan’s central railway station in latest optical illusion
▼ + stars: | 2024-04-15 | by ( Leah Dolan | James Imam | ) edition.cnn.com time to read: +3 min

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. CNN —The French street artist JR has unveiled perhaps his most complex Italian trompe l’oeil illusion piece yet, turning a square outside Milan’s Stazione Centrale railway station into a temporary exhibition site of epic proportions. Entitled La Nascita (The Birth), the piece evokes a rugged Alpine terrain with layered black-and-white images. However, while the Florence and Rome projects consisted of flat images mounted onto the fronts of the buildings, in Milan JR has tried to create a sense of depth. “While the exhibition is temporary, even when it’s gone visitors will never see (the station) in the same way,” JR said.

Persons: JR, ” JR, Piazza Duca D’Aosta, Covid, ”, ” Gabriel Bouys, —, Benito Mussolini, King Vittorio Emmanuele III, Palazzo Strozzi, Rome’s Palazzo Farnese, it’s Organizations: The Art, CNN, Art, Getty, Stazione Centrale, Milan JR Locations: Milan’s Stazione Centrale, Piazza Duca, AFP, Italy, France, Milan, Florence, Rome

☆ A riot of colors and religious iconography, this home was designed for apocalyptic times
▼ + stars: | 2024-04-14 | by ( Allison C. Meier | ) edition.cnn.com time to read: +5 min

Calling himself the Prophet Isaiah, Robertson spent years painting elaborate wooden cut-out shapes with symbols, including stars and crosses in a riot of colors, to adorn his home — inside and out. He said it was God moving his hand.”Preserving ‘something magical’Born in Jamaica in 1947, Robertson moved to Canada as a young adult before relocating to Niagara Falls in 2004. Despite having one of the country’s leading tourist destinations, the city of Niagara Falls has experienced a population loss since the 1960s, alongside the economic fallout experienced by many Rust Belt communities. Randy Duchaine/Alamy Stock PhotoAfter Kohler Foundation acquired the site, the art preservation company B.R. In October 2023, the site was gifted to the Niagara Falls National Heritage Area (NFNHA) for its future stewardship.

Persons: Isaiah Robertson, Isaiah, Robertson, “, ”, Fred Scruton, Isaiah’s, Scruton, Liesl Testwuide, God, Randy Duchaine, Christ, Braeden Howard, Sara Capen, Capen Organizations: The Art, CNN, Kohler Foundation, Howard & Associates, Seven Seals, Niagara, Heritage Area Locations: Niagara, Jamaica, Canada, Niagara Falls, Wisconsin, Western, York, Ontario

☆ Most countries have made ‘little or no progress’ in returning Nazi-looted art, report finds
▼ + stars: | 2024-03-06 | by ( Carlie Porterfield | ) edition.cnn.com time to read: +6 min

Of the 47 nations that endorsed the 2009 Terezin Declaration, which incorporated the principles, seven have made major progress, three have made substantial progress, 13 have made some progress and some 24 countries have made little or no progress, according to Tuesday’s report. “This report underscores the critical need for advancement in art and cultural property restitution,” Gideon Taylor, the president of WJRO, said in a statement. The 13 countries that have made some progress include Argentina, Belgium, Croatia, Greece, Hungary, Italy, Luxembourg, Norway, Poland and Serbia. Frederick Florin/AFP/Getty ImagesMost countries that signed onto the Terezin Declaration have made little or no progress, according to the report. This marks the first governmental document on Holocaust restitution to be endorsed in nearly 15 years, a step WJRO said will help advance the restitution of art and cultural property.

Persons: CNN —, —, restitutions, ” Gideon Taylor, WJRO, Frederick Florin, Antony J, Blinken, ”, Stuart E, “, Colette Avital Organizations: The Art, CNN, Jewish, Organization, Washington Conference, Washington, Palais Rohan Museum, Getty, WJRO, US State Department, of Holocaust Locations: Nazi, Austria, Czech Republic, France, Germany, Netherlands, Argentina, Belgium, Croatia, Greece, Hungary, Italy, Luxembourg, Norway, Poland, Serbia, Strasbourg, AFP, Australia, Brazil, Denmark, Ireland, Russia, Spain, Turkey, New York, Washington, Israel

☆ Italy donates 3D-printed replica of statue destroyed by ISIS to Iraq
▼ + stars: | 2024-02-13 | by ( James Imam | ) edition.cnn.com time to read: +3 min

CNN —Italy has donated a reconstructed Assyrian statue to Iraq in a gesture former culture minister Francesco Rutelli described as a “miracle” of Italian cultural diplomacy. Constructed in the ninth century BC, the 5-meter-tall (16-foot) “Bull of Nimrud” was destroyed by ISIS fighters in 2015, before Italian artisans made a copy of the monument using 3D-printing technology. The replica, which was previously displayed at the Colosseum in Rome and the UNESCO headquarters in Paris, has now been permanently relocated outside the entrance to the Basrah Museum in the Iraqi city of Basra. "The Bull of Nimrud," a full-sized reconstruction of the bull figure from the ancient Assyrian city Nimrud, on display in the "Reborn from Destruction" exhibition at the Colosseum in October 2016. The “Bull of Nimrud,” which stood at the site and is a symbol of the Assyrian civilization, was among the destroyed monuments.

Persons: Francesco Rutelli, Nimrud, ” Gennaro Sangiuliano, ” Rutelli, Civiltà, meanwhile, Klaus Blume, Nicola Salvioli, ”, Shalmaneser III, Ashurnasirpal, Abdul Latif Rashid Organizations: The Art, CNN, CNN —, ISIS, UNESCO, Basrah Museum, Associazione, Facebook, of Bel Locations: CNN — Italy, Iraq, Rome, Paris, Iraqi, Basra, “ Italy, Nimrud, Mosul, Ashurnasirpal, Palmyra, Ebla, Italy

☆ Caspar David Friedrich: The German artist’s rise from obscurity to fame
▼ + stars: | 2024-01-30 | by ( Catherine Hickey | ) edition.cnn.com time to read: +6 min

Caspar David Friedrich's work "Man and Woman Contemplating the Moon." Staatliche Museen zu BerlinThe Berlin exhibition, “Caspar David Friedrich: Infinite Landscapes,” will examine the Nationalgalerie’s role in rediscovering the artist at the beginning of the 20th century. Thanks to the royal purchases, Berlin has one of the most significant collections of Friedrich works in the world. SHK/Hamburger Kunsthalle/bpkThe German museums were in discussion about loans from Russia before February 2020, Verwiebe says. In 1974, long queues formed for a Friedrich exhibition at the Hamburger Kunsthalle marking his 200th birthday.

Persons: —, Caspar David Friedrich, Alte, Dresden’s, Caspar David Friedrich's, “ Caspar David Friedrich, Birgit Verwiebe, Friedrich, Clemens Brentano, Heinrich von Kleist, Frederick William IV, ”, Frederick William III, Charlotte, Tsar Nicholas I, Friedrich's, Verwiebe, — Hitler, London’s Tate, Christina Grummt, Friedrich sketchbook, Gerhard Richter, Julian Charrière, Olafur Eliasson, Ulrike Rosenbach, Kehinde Wiley, “, ” Grummt Organizations: The Art, CNN, Hamburg’s Kunsthalle, zu, Berlin Academy, SHK, Hamburger Kunsthalle, Staatliche, Villa Grisebach, Kunst, Metropolitan Museum of Art Locations: Germany, Weimar, Greifswald, Friedrich’s, zu Berlin, Berlin, Dresden, Oakwood, ”, Russia, Hermitage, St Petersburg, Hamburger, Ukraine, German, Villa, Greenland, Hamburg, Winterthur, New York

☆ Artist Carl Andre, known for minimalist sculptures and a murder trial, dies at 88
▼ + stars: | 2024-01-25 | by ( Wallace Ludel | ) edition.cnn.com time to read: +8 min

American artist and sculptor Carl Andre pictured at London's Whitechapel Gallery in London on March 15, 1978. Andre’s work often consisted of industrially fabricated forms made from simple, raw material — such as metal, granite, wood, and brick — arranged in free-standing patterns. His death passing was confirmed on Wednesday by the Paula Cooper Gallery, with which the artist had worked since 1964. “My father always said, ‘I am old school and European, and my wife does not work,’” Andre told the magazine. Ken Hively/Los Angeles Times/Getty ImagesIn 1970, after just over a decade in New York, Andre received his first major museum survey, at the Guggenheim Museum.

Persons: Carl Andre, — Carl Andre, Paula Cooper, Ana Mendieta, Andre, ” Andre, George Andre —, “, Margaret Johnson, ‘, ’ ” Andre, ”, Frank Stella, Stella —, “ They’re, They’re, Ken Hively, Peter Schjeldahl, “ Andre, Mendieta, Helen Molesworth, Angeles’s Museum of Contemporary Art —, “ Carl Andre, Melissa Kretschmer Organizations: The Art, CNN, Phillips Academy, Kenyon College, Army, Northeastern University —, Tate, Los Angeles Times, Guggenheim Museum, The New York Times, Dia Beacon, Angeles’s Museum of Contemporary Art, Artforum Locations: London, American, New York City, Quincy , Massachusetts, United States, Sweden, “ The, Andover , Massachusetts, Beverly Hills, New York, Greenwich Village

☆ Spain Museum Can Keep Nazi-Looted Painting, Judges Say
▼ + stars: | 2024-01-11 | by ( Mia Jankowicz | ) www.businessinsider.com time to read: +5 min

A US court said Spain could keep a priceless painting looted by the Nazis from its Jewish owner. The Spanish-backed nonprofit didn't know the painting was looted when it bought the collection, the judges said, giving it a stronger claim within Spanish law. Advertisement"Under California law the plaintiffs would recover the art, while under Spanish law they would not," they wrote. "Thus, Spanish law must apply." It argued that neither the Spanish state-backed nonprofit nor Thyssen-Bornemisza knew the painting was stolen when he bought it.

Persons: —, Lilly Neubauer, Camille Pissarro's, Neubauer, Baron Hans Heinrich Thyssen, Bornemisza, Claude Cassirer, Sam Dubbin, Spain's, Consuelo Callahan Organizations: Service, Saint, Business, Madrid's, Nacional Thyssen, Guardian, Madrid's Museo Nacional Thyssen, US, Appeals, Art, Los Angeles Times, Thyssen, Times Locations: Spain, Germany, Paris, Pissarro's, Spanish, California

The upheaval at Documenta is just one example of how Europe’s art world is being torn by debates about Israel and Gaza, as some institutions have moved to postpone the shows of artists who have criticized Israel. Documenta was initially staged in 1955 as the first large-scale exhibition in West Germany of the art of the European avant-garde. It was a direct response to the Degenerate Art Show, the denunciatory exhibition of modern art staged by the Nazis in Munich in 1937. Although the mural was taken down, it set off a monthslong debate in Germany’s art world about antisemitism, Palestinian activism and Germany’s relationship to formerly colonized countries. Hoskote said Documenta was one of the art world’s greatest events, partly because it had always been a forum for new ideas.

Persons: Documenta’s, — Simon Njami, Gong Yan, Kathrin, Inés Rodríguez, —, ”, Bracha Lichtenberg Ettinger, Ranjit Hoskote, Anaïs Duplan, Ai Weiwei, ” Ai, Ai, Galerie Max Hetzler, Lisson’s, Claudia Roth, Documenta, Hoskote Organizations: Venice Biennale, Folkwang, Israel, Art Newspaper, Galerie Max, Berlin, Die Locations: Israel, Kassel, Germany, Gaza, Venice, India, Essen, Haitian, United States, B.D.S, London, Lisson, New York, Paris, West Germany, Munich, Nazi, Indonesia

☆ Six paintings stolen from Dutch town of Medemblik left on art detective’s doorstep
▼ + stars: | 2023-10-20 | by ( Senay Boztas | ) edition.cnn.com time to read: +3 min

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. (CNN) — Six paintings stolen from an old town hall in the small coastal town of Medemblik in north Holland have been returned via an unusual doorstep delivery to an art detective nearly 40 miles away in Amsterdam. Brand, dubbed the "Indiana Jones of the Art World," made international headlines last month after recovering a stolen work by Van Gogh. A spokeswoman for the Medemblik municipality told The Art Newspaper that the find was a surprise. “But,” he added, “I have asked for a book voucher.”Read more stories from The Art Newspaper here.

Persons: Arthur Brand, Van Gogh, Holland, ”, “, Brand, Indiana Jones, ” Brand, King Radboud, Prince William of Orange, Maurits of Orange, Count Jan van Nassau, Queen Wilhelmina, “ It’s, Radboud, Jeroen Broeders Organizations: The Art, CNN, Art Newspaper, France, Getty Locations: Medemblik, Holland, Amsterdam, AFP, Nuenen, ”

☆ An American soldier stole a 300-year-old painting during World War II. It made an unusual journey back to Germany.
▼ + stars: | 2023-10-20 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +3 min

A stolen painting was returned to Germany after going missing for over 78 years. Someone had previously tried to sell the painting in the Chicago art market in 2011. AdvertisementAdvertisementA stolen painting belonging to Germany made an unusual journey home on Thursday after going missing for over 78 years, according to the Federal Bureau of Investigation. AdvertisementAdvertisementAlte Pinakothek and researchers at Art Recovery International verified the painting as being Lauterer's original artwork in 2022, Marinello told Insider. It's not the first time a stolen painting has been recovered from US soldiers who served in World War II.

Persons: —, Johann Franz Nepomuk Lauterer, Christopher Marinello, Marinello, Lauterer, It's Organizations: FBI, Service, Federal Bureau of Investigation, Art, International, Chicago, Alte Locations: Germany, Chicago, Bavarian, Munich, Vienna, Italy, Dessau

☆ Roman Abramovich and ex-wife Dasha Zhukova amassed a 'stupendous' art collection worth almost $1 billion, leaked documents reveal
▼ + stars: | 2023-09-23 | by ( Polly Thompson | ) www.businessinsider.com time to read: +4 min

Roman Abramovich and his ex-wife have an art collection worth close to $1 billion, leaked documents revealed. Works by Freud, Hockney, and Picasso are among the 367 items in the collection, The Guardian reported. Before oligarchs' assets were seized by the UK last year, Zhukova took majority control of the collection. Filip FilipovicAbramovich was among seven Russian oligarchs sanctioned by the UK in March last year. His assets, including Chelsea soccer club, were frozen and his $700 million superyacht, on which pieces from the art collection are believed to be displayed, was seized.

Persons: Roman Abramovich, Freud, Hockney, Picasso, Zhukova, Dasha, OCCRP, Monet, Andrew Renton, Francis Bacon's, Abramovich, Lucian Freud's, Cate Gillon, Vladimir Putin's, Putin's, Filip Filipovic Abramovich, Meritservus Organizations: Guardian, Service, The Guardian, Goldsmiths, University of London, Chelsea soccer, Government Locations: Wall, Silicon, Cyprus, London, Ukraine, Britain

☆ Picasso portrait of mistress Marie-Thérèse Walter could sell for over $120 million at auction
▼ + stars: | 2023-09-13 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +4 min

CNN —A Picasso masterpiece entitled “Femme à la montre” is expected to fetch more than $120 million when it goes up for auction this fall. Sotheby'sThe piece, which measures 51¼ x 38 inches (130 x 96.5 centimeters), depicts Picasso’s lover and “golden muse” Marie-Thérèse Walter, who featured in many of his portraits. In a statement announcing the sale, Julian Dawes, Sotheby’s head of Impressionist & Modern Art for the Americas, said: “Picasso’s ‘Femme à la Montre’ is a masterpiece by every measure. The artist painted “Femme à la montre” in August 1932, soon after the retrospective at the Galerie Georges Petit in Paris ended. Andy Warhol's 1986 self portrait will also be auctioned as part of Fisher Landau's collection.

Persons: Emily Fisher Landau, Fernand Léger's, ” Marie, Thérèse Walter, Picasso, London’s, Julian Dawes, Sotheby’s, ” Picasso, Walter, Olga Khokhlova, ”, Galerie Georges Petit, Fisher Landau, Andy Warhol's, Fisher, Mark Rothko, Andy Warhol, Willem de Kooning, Fisher Landau’s, fenêtre, Thérèse, Picasso’s Organizations: CNN, London’s Tate, Art, Galerie, Lloyds Locations: New York, Manhattan, Paris, Americas, Russian, Ukrainian, Georgia, London, Marie

☆ Picasso masterpiece depicting his young mistress sells for $139 million at Sotheby’s auction
▼ + stars: | 2023-09-13 | by ( Lianne Kolirin | ) edition.cnn.com time to read: +4 min

CNN —A Picasso masterpiece entitled “Femme à la montre” fetched more than $139 million on Wednesday, becoming the second most valuable work by the artist ever sold at auction. The 1932 oil painting took center-stage at a two-day event at Sotheby’s in New York, at the sale of late philanthropist Emily Fisher Landau’s private collection. She is pictured here in front of Fernand Léger's "Étude pour Les Constructeurs" in her home in Manhattan in 2002. In a statement announcing the sale in September, Julian Dawes, Sotheby’s head of Impressionist & Modern Art for the Americas, said: “Picasso’s ‘Femme à la Montre’ is a masterpiece by every measure. Andy Warhol's 1986 self portrait will also be auctioned as part of Fisher Landau's collection.

Persons: CNN —, ”, Emily Fisher, Emily Fisher Landau, Fernand Léger's, ” Marie, Thérèse Walter, Picasso, London’s, Julian Dawes, Sotheby’s, ” Picasso, Walter, Olga Khokhlova, Galerie Georges Petit, Fisher Landau, Andy Warhol's, Fisher, Mark Rothko, Andy Warhol, Willem de Kooning, Jasper Johns, Ed, fenêtre, Thérèse, Picasso’s Organizations: CNN, London’s Tate, Art, Galerie, Lloyds Locations: New York, Manhattan, Paris, Americas, Russian, Ukrainian, Georgia, London, Marie

☆ Treasures from Rothschild family collection fetch over $62 million at unprecedented auction
▼ + stars: | 2023-09-06 | by ( Carlie Porterfield | ) edition.cnn.com time to read: +3 min

CNN —A vast collection of art, furniture, silver, ceramics, and jewelry long held in the private collection of the Rothschild banking dynasty sold for more than $62.6 million over several auctions at Christie’s New York. The sales, which concluded on Tuesday, marked the first dedicated auction in North America of works from the French branch of the long-time banking family. Coincidentally, the cameo last came to auction at Christie’s in 1899, when it sold for £3,750 (about £395,000 or $496,000, in today’s money), shortly before it is believed to have entered the Rothschild collection. We don’t get a bulk of this type of material coming up for sale anymore,” Rendell said. As for why the family chose to sell the collection now, Rendell believes it may have been a “rationalization” and a “generational shift” in attitude.

Persons: Rothschild, Baron James Mayer de Rothschild, Betty, Alphonse, Gerrit Dou’s, Claudius, ”, Jonathan Rendell, “ It’s, James Mayer de Rothschild, Rendell, ” Rendell, Read Organizations: The Art, CNN, Christie’s, Old Masters Locations: York, North America, Christie’s, Christie’s Americas, New York, Europe

☆ Treasures from Rothschild family collection could fetch $30 million at unprecedented auction
▼ + stars: | 2023-09-06 | by ( Carlie Porterfield | ) edition.cnn.com time to read: +3 min

CNN —A vast collection of art, furniture, silver, ceramics, and jewelry long held in the private collection of the Rothschild banking dynasty is expected to sell for as much as $30 million over several auctions this fall at Christie’s New York. The sales will mark the first dedicated auction in North America of works from the French branch of the long-time banking family. A German silver-gilt mounted nautilus cup and cover estimated to fetch between $100,000 and $150,000 at auction. Coincidentally, the cameo last came to auction at Christie’s in 1899, when it sold for £3,750 (about £395,000 or $496,000, in today’s money), shortly before it is believed to have entered the Rothschild collection. As for why the family is selling the collection now, Rendell believes it may be a “rationalization” and a “generational shift” in attitude.

Persons: Rothschild, Baron James Mayer de Rothschild, Betty, Alphonse, Gerrit Dou’s, Claudius, ”, Jonathan Rendell, “ It’s, James Mayer de Rothschild, Rendell, ” Rendell, Read Organizations: The Art, CNN, Christie’s, ” Locations: York, North America, Christie’s, Christie’s Americas, New York, Europe

☆ Archaeologists unearth ancient Mayan nose jewelry at dig site in Mexico
▼ + stars: | 2023-09-01 | by ( Claire Voon | ) edition.cnn.com time to read: +2 min

Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. (CNN) — Archaeologists working in the ruins of Palenque, an ancient city in the southeastern Mexican state of Chiapas, have found a centuries-old, intricately carved Mayan nose ornament made of human bone. The central figure is a Mayan man, shown in profile wearing a headdress and a beaded necklace, and with the Mayan glyph for “darkness” on his arm. The bone was buried in what archaeologists believe was a ritual deposit, interred between 600CE and 850CE to commemorate the completion of a building. When worn, the ornament would have sat on the bridge of the nose, creating a continuous line from the forehead to the tip of the nose.

Persons: K, Arnoldo González Cruz, González Cruz, Janaab Pakal, Read Organizations: The Art, CNN, —, National Institute of Anthropology, of, Unesco Locations: Palenque, Mexican, Chiapas, of Palenque, 600CE

☆ Painting bought at thrift store for $4 could fetch $250,000 at auction
▼ + stars: | 2023-08-30 | by ( Oscar Holland | Carlie Porterfield | ) edition.cnn.com time to read: +3 min

Her joke was no laughing matter, and the painting is now estimated to fetch as much as $250,000 at auction in September. According to specialists at Bonhams Skinner auction house, the seller unknowingly purchased the work at a Savers thrift store in Manchester, New Hampshire, while searching for frames to reuse. The Wyeth painting had been stashed against a wall along with mostly damaged posters and prints, according to the auction house. Bonhams Skinner auction house expects the painting to fetch between $150,000 and $250,000 at September's auction. Auction house specialists believe the publishing company Little, Brown and Company may have passed the work along to an editor or to the author’s estate.

Persons: Wyeth, Skinner, Bonhams Skinner, Lauren Lewis, Andrew Wyeth, Jamie Wyeth, Lewis, ” Lewis, CNN Wyeth, Helen Hunt, Ramona, ”, Brown, Paul Allen’s, Andrew Wyeth’s Organizations: The Art, CNN, Boston Globe, Globe, Microsoft, Christie’s Locations: Maine, Manchester , New Hampshire, N.C, York

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