Sotheby’s May Be Responsible for Losing $4 Million In Rare Yellow Diamonds, Judge Rules July 21, 2022 In a lawsuit, a financial firm claims the auction house is liable for the loss of 45 precious stones.Source
Spanish Customs Find a $500,000 Picasso Sketch Smuggled in a Passenger’s Suitcase July 20, 2022 The passenger, who was flying from Zurich, failed to declare the artwork known as Picasso ‘Trois Personnages’. Source
Christies Made $4.1 Billion in Sales the First Half of the Year July 13, 2022 The figure represents an 18 percent rise over the result of $3.5 billion achieved during the same period last year. Source
Bob Dylan’s 2021 Record Blowin in the Wind Sells for a Staggering $1.8 Million at Auction July 8, 2022 The record, pressed on acetate, was offered by Christie’s and sold to a bidder in London this Thursday.Source
A $50 Million Mark Rothko Painting Will Lead the Macklowe Collection’s Second Auction April 16, 2022 The May 16 sale will offer 30 works including Rothko’s 1960 piece ‘Untitled.’ Source
Works by a ‘Largely Forgotten’ Artist Were Found in a Dumpster. Now They’re Getting an NYC Show. April 12, 2022 A group of paintings by Francis Hines will go on view at Hollis Taggart’s locations in Manhattan and Connecticut. Source
Ukraine Launches an NFT-Based ‘Museum of War’ to Chronicle the History of Russia’s Invasion March 28, 2022 Dubbed “Meta History: Museum of War,” the site includes a war line” timeline of events accompanied by NFTs. Source
A South Korean Museum Is Refusing to Return Loaned Art to Russia Amid the Ukrainian War March 25, 2022 The institution declined a request to return 63 works to the Ekaterinburg Museum of Fine Arts in Russia. Source
A 700-Year-Old Sarcophagus Was Just Discovered Beneath the Notre-Dame Cathedral March 22, 2022 Several ancient tombs and the 14th-century lead sarcophagus were discovered during an excavation of the church. Source
Thanks to Cheech Marin, Two California Museums Are Getting an Influx of Chicano Art March 20, 2022 The Riverside Art Museum and San Diego’s Museum of Contemporary Art are both expanding to feature more Chicano and Latin American works. Source
