A €100 raffle ticket could win you a painting by Picasso

In 2015, Pablo Picasso’s Les femmes d’Alger (Version ‘O’) set the artist’s auction record when it sold for a whopping $179.3 million at Christie’s. But, what if you could snag a Picasso for €100 ($110 or £85)? A French nonprofit called Aider les Autres is giving ticket holders that exact opportunity through a raffle. The […]

Why should the art world be concerned about the prevalence of export bans?

Five years after he dramatically attempted to smuggle a rare Pablo Picasso painting out of Spain, Jaime Botín— the ex-president of Spanish financial institution Bankinter—has been sentenced to three years in jail and lumbered with a €91.7 million fine. The hefty punishment marks a significant increase over Botín’s already substantial sentence of 18 months and […]

Christie’s 100, where bidding started at just $100, wrapped up with success

Yesterday, an online auction at Christie’s wrapped up but this auction wasn’t like most of the art world’s sells today. Christie’s was hoping to bring in new clientele and first-time bidders in an abnormal way, and it worked well. The auction, titled Christie’s 100, was held exclusively online, featured 100 contemporary artworks, and every lot […]

Works by Salvador Dalí stolen from Stockholm gallery

Early this morning in Stockholm, thieves stole a bronze sculpture and etchings by Salvador Dalí. The works were on display at the Couleur Gallery in the Östermalm district of the country’s capital city. The theft has been described as a smash and grab, and one that’s added to the list of artworks stolen in recent […]

The ‘Prince of Chintz’ comes to auction: late designer Mario Buatta brings in $7.6m at Sotheby’s

Flip through an interior design magazine and the most colour you’ll find might be in a pop amid the greys and beiges most popular today. That, however, was not the case for designer Mario Buatta who was also known as the ‘Prince of Chintz.’ His eccentric style created a lot of interest in Sotheby’s recent […]

The Long Game: how Wolfgang Beltracchi conned the art world

Former art forger John Myatt—who in the 1980s forged hundreds of “masterworks” and fenced them to institutions as venerable as London’s Tate Gallery—recently told reporters that in his opinion, pulling off such a scheme is “just as easy today”. Recent events would seem to prove Myatt’s point. In late 2019, Prince Charles’s charitable foundation was […]

Christie’s, Sotheby’s, Phillips battle it out to sell $700m Macklowe collection

In the midst of a very public and nasty divorce, Harry and Linda Macklowe have been court ordered to sell off 65 works from their extensive art collection. With that news, Christie’s, Sotheby’s, and Phillips are all now competing for the chance to sell the Macklowe collection later this year. In 1959, the couple, now […]