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Do-it-Yourself Online Art Sales for Billionaires

A French artist named Dogmael Damien has set up his own website targeting billionaires in search of their next big acquisition, a recent Art Newspaper article reports.  The artist’s site is now online...

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Immediate Appreciation: Hirst Goes to the Auction House

We’ve seen Damien Hirst challenge convention (and notions of connoisseurship) in the art world before with his diamond skull. For his newest project, he’s not just creating controversial art–he’s also...

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Lambda and Theta Appeal at Hirst Auction

Following up this post: Amidst the financial chaos earlier this week, Damien Hirst managed to bring in £111 million for his latest collection at auction. He smashed Sotheby’s previous record for a...

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Art auction shows uniqueness is a unique selling point

Earlier this week, Pierre Bergé, partner of the late Yves Saint Laurent, put the pair’s large collection of art up for auction at Christie’s. The results were stunning in today’s economic climate–the...

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Optimistic Results For London Art Auctions

Following up on my previous post covering the Contemporary Art Auctions that took place in London in June, I can happily note that positive predictions proved accurate. Despite several pessimistic...

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China’s Lambda personalities opt for nontraditional investments

Being wealthy is one thing, and being art-buying wealthy is another. Luxury Insider reports that ultra-rich Chinese are beginning to throw their considerable status and wealth around in nontraditional...

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Blue Diamond Auction Brings in Asian Markets

Yesterday a rare 5.16 carat blue diamond was sold at auction in Hong Kong for $6.4 million, half a million more than the top price that Sotheby’s estimated. Terry Chu, deputy head of Sotheby’s...

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Picasso and Art as an Investment

Pablo Picasso’s Nu au Plateau de Sculpteur or ‘Nude, Green Leaves and Bust’ recently sold for a whopping $106.5 million, overtaking the world record set by a previous Picasso piece, Garcon a la Pipe...

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Art agent loses Corot painting in drunken stupor

A man who was acting as an agent for the sale of Jean-Baptiste-Camille Corot’s 1857-58 painting “Portrait of a Girl” (estimated value: $1.35 million) lost the painting while intoxicated, according to...

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