HomeCategoryArt Focus Archives - Arts & Collections

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On 27 February 2019, Christie’s auction house will offer Le Lieu Commun (1964), one of the iconic ‘bowler hat’ Magritte masterpieces. Leading The Art of the Surreal sale, the painting is estimated to fetch between £15-25 million and is expected to set a new world auction record for the artist. This is the first time the work of art—which is considered to be one of the finest and largest examples of René Magritte’s bowler hat...

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When someone sells art in the U.K., they are unlikely to be surprised that any capital gain realised will be subject to tax. What might be surprising, however, is that the purchase of art can sometimes trigger a tax charge too. Many international taxpayers residing in the U.K. will be regarded as ‘resident but non-domiciled’ and permitted to benefit from the ‘remittance basis’ of taxation for non-UK income and capital gains. Under the remittance basis...

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Klimt was the master of symbolism, but was his personal life as scandalous as his paintings? Born on July 14 1862 in Baumgarten, Austria, Gustav Klimt was the son of a struggling gold engraver. Klimt was the second of seven children and lived in poverty while he studied architectural painting at Vienna’s School of Applied Arts. All three of the Klimt boys displayed early artistic talent—as a member of the ‘Company of Artists’ (a group...

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An eye for quality and patience are crucial for high net worth individuals looking to start investing in art. Russian businessman Dmitry Rybolovlev thought he grossly overpaid when he purchased Leonardo da Vinci’s Salvator Mundi (c.1490) from Swiss art dealer Yves Bouvier for $127.5 million in 2013—Bouvier reportedly ‘only’ paid around $75 million for it. However, at one of the most publicised auctions to date, da Vinci’s masterpiece fetched in excess of $450 million at...

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With input from Bank of America’s Rena DeSisto and the Brooklyn Museum’s Lisa Bruno, Arts & Collections takes a detailed look into the Art Conservation Project and its ongoing efforts to restore six Assyrian reliefs Since 2010, Bank of America has provided grants for not-for-profit museums to facilitate the conservation of significant artwork and historical treasures. Today, the Art Conservation Project has executed approximately 150 such operations, covering artefacts from 30 countries across six of...

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Fine art fakes have cost buyers millions for centuries; following recent allegations of forgery in the art world, protecting art investments has never been so important.  Before the stunning Leonardo da Vinci painting Salvator Mundi (c.1490) obliterated auction sale records in 2017 (with a staggering $450 million, for those that don’t already know), much controversy had erupted among experts and the media surrounding its authenticity. Critics asserted that the pose of the painting’s subject, Christ,...

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Organized by the Salon du Dessin in partnership with Paris Tableau, FINE ARTS PARIS will be running its second edition at the Carrousel du Louvre from 7 to 11 November 2018. The new Paris event is run in collaboration with the major French museums, including the Louvre, Petit Palais, Centre Pompidou, Zadkine, Bourdelle, Rodin and Maillol museums. With over 40 overseas exhibitors currently booked to attend, the fair promises stalls from both recognized dealers and...

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One of the most recognisable, successful and intriguing figures in the modern art world, Andy Warhol came from very humble beginnings.  Andy Warhol was born in Pittsburgh, Pennsylvania, in 1928 as Andrew Warhola. Emerging from family poverty, Warhol became the most successful commercial illustrator in New York and a leading figure in the visual art movement known as Pop art. His work explores popular culture, celebrities, comics, mundane items and advertising, reducing the boundary between...

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This autumn, London’s National Gallery will house a new impressionist exhibition, Courtauld Impressionists: From Manet to Cézanne, displaying the artwork of major impressionists and post-impressionists. As the Courtauld Gallery temporarily closes to make way for a major transformation project—Courtauld Connects—26 pieces from the establishment’s impressionist and post-impressionist art collection will be displayed at the National Gallery. Showcasing leading impressionists The impressionist exhibition—which is opening on 17 September—will be arranged chronologically with 12 sections for each...

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Central New York gallery Joan B Mirviss LTD will hold four exhibitions over the coming year to highlight the work of four monumental ceramicists and Japanese sculpture. The first of the four exhibitions—which aim to celebrate the art, impact and legacy of the Japanese artists—will feature Koike Shōko (born 1943). Shifting Rhythms: The Sculpted Moments of Koike Shōko, which is the gifted artist’s third solo exhibition at Joan B Mirviss LTD, will take place from...

Unique in its broad international coverage of both arts and cultural events, Arts & Collections covers fine art from antiquity to modern times, auction records, a special sale preview by Sotheby’s, as well as market trends that inform collectors of the world’s finest items.

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