Tag: Sale

What I Buy and Why: Cameroonian Collector Diane Audrey Ngako on How a Garage Sale Sparked Her Passion for Collecting

Thirty-year-old art collector and creative entrepreneur Diane Audrey Ngako got her start in arts media in Paris, working for the radio program Africa N°1, and writing for Roots Magazine, Le Monde, and TV5 Monde Africa. Today, she has settled in Cameroon, and divides her time working as managing director of her Akwa- and Abidjan-based communications agency Omenkart, and her publishing house, Baköu. All the while, ...

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Citibannex’s Prestigious Art Collection is Up for Sale – ARTnews.com

Earlier this month, Citigroup announced it would end its consumer banking operation in Mexico, splitting with the National Bank of Mexico, commonly known as Banamex, and as Citibanamex since Citigroup’s 2001 purchase. As both parties eye potential buyers, the fate of the bank’s prestigious collection of Mexican art has become a matter of national importance. Over the past few decades, Citibanamex, acting through its ...

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Collectors Settle Lawsuit Over Sale Involving Cecily Brown Painting – ARTnews.com

A lawsuit involving warring allegations between two collectors over a behind-the-scenes $700,000 sale of a Cecily Brown painting has been settled. In a lawsuit filed in March 2021 in a Miami-Dade County circuit court, and detailed in a recent report from Bloomberg, collector Michael Xufu Huang alleged that Federico Castro Debernardi violated the terms of a sales agreement involving the Brown painting. Accusing Debernardi ...

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South Korea’s galleries plan sale to ‘warn’ auction houses against speculation and ‘extreme capitalist logic’

A group of Korean galleries will hold a live sale later this month as a "warning" to auction houses against driving speculation in the art market and undermining the role of the primary sector. The Galleries Association of Korea, which organises Korea's biggest art fair KIAF and will partner with Frieze for its new fair in Seoul this year, released an impassioned statement yesterday ...

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Amazing collection of Cornish art sells for £1m at Cornwall’s biggest art sale ever

The personal collection of one of Cornwall’s most prominent arts dealers has sold for more than £1 million. Over decades, Jonathan Grimble accumulated a fine collection of some 300 or so Modern British, Cornish and St Ives School paintings, drawings and sculptures at his home overlooking St Michael’s Mount. The private collection was auctioned off in situ at Mr Grimble’s house in Marazion and ...

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These Six Works Available in the Artnet Auctions Sale ‘ArtNFT: Beginnings’ Are Redefining Generative Art

Generative and Artificial Intelligence art might sound like something straight out of a science fiction film. However, the idea that an artwork can be created by a machine, devoid of the human hand, or created by autonomous and algorithmic systems, isn’t far-fetched at all. For the past six decades, artists have been experimenting with technology, creating computer art, media art, video art, and digital ...

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Art sale to benefit Pathfinders and honor Art Daily

The Colorado Mountain College Aspen Gallery will host an art sale Thursday through Saturday in honor of the late Art Daily and benefiting the counseling nonprofit Pathfinders. Daily, a longtime Aspen attorney and community leader, died in December 2020 at age 79. He had survived a Glenwood Canyon accident in 1995 that killed his wife and two children and devoted much of the rest ...

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Christie’s Hong Kong Evening Sale Brings in $192 Million – ARTnews.com

On Wednesday night in Hong Kong, Christie’s held two back-to-back modern and contemporary art evening sales that raked in a total of HKD 1.5 billion ($192 million) with premiums. Together, the two sales hammered within the pre-sale expectation of HKD 1.05 billion-HKD 1.5 billion ($134 million-$197 million), which is calculated without buyer’s premiums included. The four-hour two-part event saw 73 of the 76 works ...

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