Leading lights  -  Collectors

How Sanyu, the Chinese-French Modernist, became a market sensation

At an evening sale hosted by Sotheby’s Hong Kong this past July, the late Chinese-French artist Sanyu made headlines. His 1950’s masterpiece Quatre Nus sold for HK$258.3 million (€28.6 million), making it the second most valuable work by the artist to sell at auction. It trails behind Cinq nus (1950-59), which sold last year at Christie’s for a […]

Go bananas: Maurizio Cattelan’s “Comedian” gifted to the Guggenheim

Art isn’t always bowls of apples, pears, and grapes, sometimes, it’s a banana, and sometimes it’s a banana that’s made its way into the Guggenheim’s collection. Of course, we’re talking about the banana that made headlines last year at Art Basel Miami Beach as part of an installation by Maurizio Cattelan. The work, titled Comedian, […]

Promise not to flip! Buyers of works from Christie’s latest exhibition must pledge not to resell them for at least 5 years

Earlier this year, a painting by Amoako Boafo sold (read: flipped), at Phillips in London for $881,432 — over 10 times its estimate, and more than 3,000 percent what the seller had originally paid for it less than a year earlier.  As often the case with speculating and flipping works, the artist did not see […]

Inigo Philbrick’s arrest, explained

Inigo Philbrick, the mysterious, shady, young and handsome contemporary art dealer, who disappeared in October last year after being accused of defrauding clients of over $20 million dollars, was arrested last week on the Pacific Island of Vanuatu. The FBI released a statement announcing his arrest and detailing next steps. Philbrick will be transported to […]

Steve Wynn pays $105 million for 2 Picasso works

Casino magnate and billionaire Steve Wynn has reportedly paid around $105 million for a pair of Picasso paintings from the Donald Marron collection, reported the Wall Street Journal. The sale marked the first high-profile purchase made from the Marron estate, which made headlines last week when three mega galleries, Pace, Gagosian and Acquavella, announced that […]

“I’m going to turn this painting into money for criminal justice reform”

Agnes Gund has quite the impressive résumé. She is President Emerita of the Museum of Modern Art in New York City and Chairwoman of both its International Council as well as MoMA PS1. She is also a renowned collector, philanthropist and arts patron, having amassed a star-studded collection of modern and contemporary art. She has […]

The Decade, Priciest Art: the most expensive art of the 2010s by year

Let’s face it… the art market of 2009 probably didn’t quite anticipate the years that were to come. The last decade has been an intense time with artworks selling for incredible amounts, even nearly half of a billion dollars. After covering 2019’s major events at the auction block, Art Critique takes a look at the biggest […]