Tag: buys

London’s National Gallery Buys Met Trustee’s 15th Century Italian Painting at Auction – ARTnews.com

London’s National Gallery acquired a painting by 15th-century Italian artist Bernardo Cavallino at Sotheby’s in New York, where it was set a record for $3.9 million (with buyer’s premium). The painting, which depicts its titular subject Saint Bartholomew in a seated pose holding a knife, is believed to have produced between 1640 and 1645. The inclusion of the knife foreshadows the apostle’s martyrdom, as ...

Read more

Crypto Tycoon Buys Yves Bouvier’s Maximum Security Freeport in Singapore – ARTnews.com

Chinese crypto billionaire Jihan Wu bought “Le Freeport,” art dealer Yves Bouvier’s maximum security freeport in Singapore, Bloomberg reports. Wu bought Le Freeport for $28.4 million, marking a loss for Bouvier, who spent $70 million constructing the facility in 2010. In the end, Bouvier made around $3,544,842 from the sale, as three quarters of final price went to paying off creditors. The remaining funds ...

Read more

Jean Dubuffet Work in Chicago Relocates After Google Buys Building – ARTnews.com

A 10-ton Jean Dubuffet sculpture in Chicago is being relocated after Google acquired the building facing the space where it is currently set. The 1984 sculpture Monument with Standing Beast, which rises 29 feet into the air, has stood in front of the James R. Thompson Center, a government office, for more than 30 years. Now, it will reside elsewhere in the city, according ...

Read more

Spain Buys Cheesemaker’s 120,000 Piece Collection of Avant-Garde Art – ARTnews.com

The Spanish Ministry of Culture confirmed today that it would purchase the impressive archive of avant-garde art collected by prominent Spanish businessman José María Lafuente, reported El País. “It is a private file with a public vocation,” Lafuente told El País. “And the time has come for the transfer to the hands of the State. This is the moment.” Known as the Lafunete Archive, ...

Read more

Met Buys $23 M. Roundel, $30 M. CryptoPunks Sale Off—and More Art News – ARTnews.com

To receive Morning Links in your inbox every weekday, sign up for our Breakfast with ARTnews newsletter. The Headlines ART BASEL NEARS. If it feels like you were just hearing about the Swiss fair—or it feels like you were just in that tranquil city—you are not wrong. Last year the pandemic pushed the event to September from its usual June slot. Now it is returning to its regular place on ...

Read more

Citadel CEO Kenneth Griffin Buys Rare Copy of Constitution for $43 M. – ARTnews.com

Citadel cofounder and mega-collector Kenneth Griffin is the buyer of a rare copy of the United States constitution, which he purchased for $43.2 million (with fees) at Sotheby’s on Thursday night. Griffin competed for the historic document during a single-lot evening sale in New York that was sandwiched between two contemporary art sales. Beating one other bidder on the phone with Sotheby’s head of ...

Read more

Crypto Tycoon Buys $78 M. Giacometti at Sotheby’s – ARTnews.com

On Tuesday, Justin Sun, the Hong Kong-based CEO of the cryptocurrency platform Tron, said that he purchased Alberto Giacometti’s Le Nez (1947) for $78.4 million during Sotheby’s sale of the Macklowe collection in New York, which saw 35 lots bring in a staggering $676 million. The Giacometti sculpture features a figure with an elongated nose that is suspended from a wire in an open ...

Read more

Rijksmuseum Buys Back Restituted Porcelain Trove at Auction – ARTnews.com

A group of rare 18th-century Meissen porcelain objects surpassed expectations in a New York auction at Sotheby’s on Tuesday. Some 120 lots sold for a collected $15 million, nearly five times their $3.1 million estimate. More than half of those lots were bought back by the Rijksmuseum in Amsterdam, which was forced to give up the objects this year amid a restitution claim. The ...

Read more

Yountville buys two Art Walk sculptures for permanent display in downtown park | Local News

“I see so many people standing there and admiring and enjoying them,” said Councilmember Marita Dorenbecher. “Every time we have company, we walk through Van de Leur Park for that reason. I think this is a wonderful permanent addition to our Art Walk, and to our art in the park.” Support Local Journalism Your membership makes our reporting possible. {{featured_button_text}} Since Yountville accepted them ...

Read more
Page 1 of 2 1 2

Categories