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With some signs of the coronavirus lockdown easing, and doors of galleries, museums, exhibitions and theatres starting to re-open, we’re taking a look at the way the art world has responded to the coronavirus pandemic, and what the ‘new normal’ might look like. The doors of the Design Museum in London are finally open again, and celebrations are well underway in the new exhibition Electronic: From Kraftwerk to The Chemical Brothers. There are sights including...

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Auction house Christie’s has announced plans to change its structure to “reflecting evolving market demand and the collecting habits of clients” Its Impressionist and Modern department will be merged with the Postwar and Contemporary department in a new hybrid sector called “20/21,” or “20th and 21st Century Art.” The decision is seen as a sign that auction houses are being forced to make changes to reflect the current state of the market both in terms...

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Is sales tax legislation becoming the ‘bane of the art market’? Christie’s recent $16.7m settlement to avoid prosecution in the US for sales tax evasion demonstrates once again that it’s an increasingly common issue for both American and international art businesses. We turned to the experts from international art law specialists Withers for insight. It’s another taxing lesson in Sales Tax – Christie’s’ recent $16.7 million settlement to avoid prosecution for sales tax evasion has...

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Reports from the art trade suggest that galleries and auction houses in the UK may be able to start re-opening from June 1st. The Art Newspaper reports that Freya Simms, chief executive of trade body LAPADA, has confirmed with the Department for Culture, Media and Sport (DCMS) that galleries and auction houses can be recognised as ‘non-essential retail’,  included in Phase 2 of the easing of lockdown starting on June 1st. The government’s 60-page document...

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A painting by the Art Deco painter Tamara de Lempicka, Portrait de Marjorie Ferry (1932), set a new auction record for the Polish-American artist’s work, selling for £16.2 million ($21.1 million) at Christie’s evening sale of Impressionist and modern art in London this week. This beat her previous record, set only three months ago, when La Tunique Rose (1927) sold for $13.3 million at Sotheby’s in New York. Portrait de Marjorie Ferry (seen top of...

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A lost painting by artist L.S Lowry has sold at auction for £2.65 million. The painting, which sold at a Christie’s Auction on Tuesday, had been lost after Lowry gave the artwork to medical researcher Leonard D Hamilton 70 years ago. Art experts only came to know of its existence after Hamilton’s death. See Also: Teenage Mozart Painting Rockets Past Estimated Price at Christie’s Auction  Hamilton took the painting with him when he moved to...

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A holographic artwork by performance artist Marina Abramović will be auctioned at Christie’s with an estimate of £600,000 next year. The Life (2019) was first shown at the  Serpentine Galleries, London in February, and uses ‘Mixed Reality’, showing the artwork through virtual reality goggles, but unlike full Virtual Reality, leaving the outside world partially visible. The 19-minute work, created using 32 cameras, involves Marina Abramović, dressed in red, appear to pace around her viewers. A...

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Beautiful and tragic, actress Marilyn Monroe will always be associated with the allure of gems—if nothing else, her signature song Diamonds Are a Girl’s Best Friend will ensure that.  The Hollywood diva, whose glittering career ended with her controversial death in 1962, appeared draped in jewellery for her show-stopping song in Gentlemen Prefer Blondes in 1953. But though her character, showgirl Lorelei Lee, had been caught in compromising photos with a diamond mine owner, the...

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On 20 June at Christie’s in New York, Dave Gilmour of Pink Floyd’s legendary ‘Black Strat’ electric guitar comes up for auction as part of  The David Gilmour Guitar Collection, which comprises more than 120 instruments and focuses on a selection of his preferred Fender Broadcasters, Esquires, Telecasters and Stratocasters. Not only the largest and most comprehensive sale of guitars ever offered at auction, the collection details the musical history of one of the world’s...

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Christie’s Magnificent Jewels auction in Geneva on 15th May 2019 offered a superb selection of pieces, many of which, including a Russian Imperial Emerald, achieved well over their estimates. The Imperial Emerald of Grand Duchess Vladimir of Russia is a pear-shaped emerald of 75.61 carats, with pear, circular and marquise-cut diamonds on a necklace of platinum and gold. On an estimate of CHF 2,300,000 – CHF 3,500,000 (£1.8m-£2.7m) it realised CHF 4,335,000 (£3.4m). The second...

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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