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ronald perelmans 410m trial finally begins

Billionaire collector Ronald Perelman's $410 million insurance trial has finally begun after seven years of litigation, over 1,500 court filings, and a 2018 fire at his East Hampton estate. The dispute centers on five paintings by Cy Twombly, Ed Ruscha, and Andy Warhol that survived the fire but were exposed to smoke and sprinklers. Perelman claims the works lost their market appeal—their "oomph"—while insurers at Lloyd's of London dispute any detectable damage and allege Perelman quietly tried to sell some of the pieces. The trial has also revealed that Perelman sold over 70 works from his collection after a margin call from Deutsche Bank, with some contested paintings used as collateral.

phillips pollock painting lawsuit david mimran

Phillips auction house has filed a lawsuit against David Mimran, a film producer and son of billionaire Jean Claude Mimran, alleging he failed to pay $14.5 million for a Jackson Pollock drip painting (ca. 1948) that sold at a New York auction in November 2024. Mimran had agreed to a third-party guarantee for the work, which sold for $15.3 million with fees, but according to Phillips, he sought an extension and then claimed he could not pay. The auction house is seeking nearly $15 million including interest.

man ray rediscovered

A rediscovered watercolor sketch by Man Ray, created in 1913 when he was in his early twenties, has resurfaced after decades in an attic and sold for £18,000 ($24,000) at Dreweatts auction house in Newbury, England, on July 10. The work, titled *Nude Playing Musical Instrument [Study for “Tapestry Painting”]*, is a preparatory study for a lost larger oil-on-linen tapestry and offers rare insight into the artist's pivotal transition from traditional painting to avant-garde experimentation inspired by European modernism encountered at the 1913 Armory Show.

ed sheeran paintings jackson pollock heni

Singer Ed Sheeran is presenting a series of abstract paintings titled the “Cosmic Carpark Paintings” at Heni Gallery in London, with the exhibition opening this Friday. The works, made by dripping and splashing paint onto canvases placed on the floor, closely resemble Jackson Pollock’s drip paintings. Sheeran’s foundation is selling prints for £900 each, with 50% of proceeds benefiting UK schools. Sheeran told the Guardian he painted in a disused Soho car park during tour downtime, and the gallery’s press release describes the works as “inspired by celestial patterns” without mentioning Pollock.

fence boat painting artist hanif panni

Homeowner Etienne Constable of Seaside, California, was ordered by the town to build a fence to hide the boat in his driveway. Instead of simply concealing it, he hired his neighbor, artist Hanif Panni, to paint a photorealistic mural of the boat on the fence. The story went viral, with Constable paying more for the artwork than the original fine would have been, and local officials praising the creative compliance.

canaletto walpole heads to christies auction

Canaletto's painting "Venice, the Return of the Bucintoro on Ascension Day" (1731–32) sold for £31.9 million ($43.9 million) at Christie's Old Masters evening sale in London, setting a new auction record for the Italian painter. The work, which once hung in the offices of Britain's first prime minister Robert Walpole, surpassed its presale estimate of £20 million and is the largest Canaletto composition to appear at market in two decades, noted for its exceptional preservation and execution during the artist's career peak.

christies smashes canalettos auction record after venice view sells for 43 7 m

Christie’s Old Masters evening sale in London set a new auction record for Canaletto on Tuesday, when his painting *Venice, the Return of the Bucintoro on Ascension Day* (circa 1732) sold for £31.9 million with fees ($43.7 million), far exceeding its £20 million estimate. The work, once owned by Britain’s first prime minister Robert Walpole, drew five bidders and sold to an anonymous phone bidder via Christie’s international director Alice de Roquemaurel. The previous Canaletto record of £18.6 million was set at Sotheby’s in 2005.

waterhouse tennyson lady of shalott

English painter John William Waterhouse created three paintings based on Lord Alfred Tennyson's poem "The Lady of Shalott," depicting a cursed woman from Arthurian legend. The article explores Waterhouse's deep admiration for Tennyson, noting that he filled his copy of Tennyson's works with sketches. It reveals that Waterhouse painted the story in reverse chronological order, starting with the final scene in 1888, then the moment of temptation in 1894, and finally the lady's lament in 1915. The article also identifies the model for the first painting as likely Waterhouse's wife, artist Esther Kenworthy Waterhouse, and describes symbolic details in the work, such as the snuffed candles foreshadowing death.

lempicka rafaela nude auction

Tamara de Lempicka's portrait of her lover, *La Belle Rafaëla* (1927), sold for £7.47 million ($10.05 million) at Sotheby's London Modern and Contemporary Evening Sale on June 24. The work, estimated at £6–9 million, hammered just above its low estimate to a buyer in the room. It had last appeared at auction in 1985, when it sold for $242,000, then a record for the artist. The painting depicts Rafaëla, a sex worker Lempicka encountered in Paris's Bois de Boulogne, who became her lover and muse.

romania secures hold on stolen el greco painting

Romania has secured a 'long-term hold' on El Greco's painting *Saint Sebastian* (1610–1614), which was pulled from a Christie’s New York Old Masters sale in February after the Romanian government claimed the work was unlawfully taken from its national collection. The painting, valued at $7–9 million, was consigned by Russian billionaire Dmitry Rybolovlev, who acquired it in 2010 from Swiss dealer Yves Bouvier. Romania has initiated litigation through Paris to recover the work, arguing it was illegally removed in 1947 by King Michael I as he fled the Communist takeover.

picasso ceramics auction geneva

A rare collection of seven unique Picasso ceramics, hand-painted between 1947 and 1964 at the Madoura Pottery Workshop in Vallauris, France, will be auctioned at Piguet in Geneva on Thursday. The pieces, including plates and platters featuring animals and motifs from Picasso's oeuvre, have been in private hands for nearly 40 years after being gifted from the Picasso estate to a friend in the 1980s. Estimates range from 20,000 to 50,000 Swiss francs, with a pigeon platter expected to fetch the highest price. Two additional works on paper by Picasso from the same owner are also included in the sale.

sothebys picasso ceramics

Sotheby's London held a 'white glove' sale of 126 one-of-a-kind ceramics by Pablo Picasso, all from the collection of his granddaughter Marina Picasso. The auction achieved a 100% sell-through rate, generating £12.3 million ($19.4 million), with the top lot—a painted goat-shaped vase titled *Cabri* (circa 1947)—selling for £485,000, nearly quadrupling its estimate.

eureka max ernst grattage technique

The article explores how German Surrealist Max Ernst developed the techniques of frottage and grattage in the mid-1920s. Frottage—rubbing paper over textured surfaces like floorboards, leaves, and netting—allowed Ernst to create spontaneous, unconscious imagery, culminating in his 1926 publication *Natural History*. He later adapted the method to canvas as grattage, scraping layers of paint over textured materials to reveal abstract forms, drawing on influences from Leonardo da Vinci and memories of his childhood in the Rhineland.

lost turner auction sothebys london

One of J.M.W. Turner's earliest oil paintings, *The Rising Squall, Hot Wells, from St Vincent's Rock, Bristol*, painted when he was 17, will be auctioned at Sotheby's London with an estimate of £200,000–£300,000. The work had been misattributed for decades and sold last year at Dreweatts for just £600–£800 as a work by a follower of Julius Caesar Ibbetson, before cleaning revealed Turner's signature. The painting was originally exhibited at the Royal Academy in 1793 and had not been publicly displayed for 167 years.

citigroup mexico bank

Citigroup is selling its Mexican retail banking operation, Citibanamex, along with a collection of approximately 2,000 Mexican artworks dating from the 18th century to the present. The collection includes works by Frida Kahlo, Diego Rivera, José Clemente Orozco, Leonora Carrington, and Remedios Varo, and is considered the most important private painting collection in Mexico. Citibanamex has stated the collection is an integral and indivisible part of the sale and will not be sold separately.

lost gustav klimt portrait african prince tefaf maastricht

A long-lost Gustav Klimt portrait of an African prince, missing since World War II, has resurfaced and is now on view at TEFAF Maastricht with a €15 million ($16.4 million) price tag. The painting, titled *Prince William Nii Nortey Dowuona* (1897), was brought to W&K – Wienerroither & Kohlbacher Gallery in 2023 in poor condition, but a stamp from Klimt's estate led to its identification by catalog raisonné author Alfred Weidinger, who had searched for it for two decades. The work depicts an Osu prince from present-day Ghana, created after Klimt attended an ethnographic exhibition at Vienna's Tiergarten am Schüttel where Osu people were put on display. The painting had been owned by Ernestine and Felix Klein, Jewish collectors who fled the Nazis, and is now being shown after a restitution settlement with Klein's heirs.

calder sale art detective

An Alexander Calder mobile, *Big Horizontal Red* (1956), estimated at $5–7 million, is set for auction at Christie’s on May 12. The work’s provenance traces through Perls Galleries, the Texas Institute for Rehabilitation and Research, and a private New York collection, but a source reveals that its 1997 purchaser, Patricia Halterman, was the granddaughter of Magda Goebbels, wife of Nazi propaganda minister Joseph Goebbels. Christie’s declined to comment on the consignors but stated it conducted careful evaluation and diligence.

rediscovered klimt painting tefaf maastricht export debate

A rediscovered Gustav Klimt painting of a West African prince, shown at TEFAF Maastricht in March, has sparked a dispute over its export legality. The Hungarian publication HVG reported that the work was "smuggled" into Austria, while the Austrian outlet Der Standard countered that the Viennese gallery Wienerroither and Kohlbacher obtained the necessary export permit. The gallery denies any wrongdoing, calling HVG's claims an insinuation. The painting, made in 1897 and depicting Prince William Nii Nortey Dowuona, was priced at €15 million and appeared at TEFAF following a restitution settlement with the heirs of Jewish collector Ernestine Klein.

armando marrocco robilant voena

Artnet News spotlights Italian artist Armando Marrocco (b. 1939), whose early career was shaped by Lucio Fontana. After moving to Milan in 1962, Marrocco developed his "Intrecci" series—vibrant monochromatic enamel-on-cardboard works that layer and weave humble materials into substantial objects. The exhibition "Marrocco Twist" at Robilant and Voena in Paris showcases these earliest works, on view through July 22.

mari claudia jimenez art law and advisory withers

Mari-Claudia Jiménez, a prominent figure in the international art market and former chairman and president of the Americas at Sotheby's, has joined global law firm Withers to launch Withers Art and Advisory, a hybrid legal-art advisory practice based in New York. The new venture will provide collectors, estates, and institutions with integrated market advice and legal counsel on acquiring and holding art, combining real-time market insight with transactional legal expertise. Jiménez, a barred attorney, has overseen landmark deals including the restitution and sale of five Kazimir Malevich paintings, the $106.5 million sale of Picasso's *Nude, Green Leaves and Bust*, and the record-breaking $922 million Macklowe collection auction.

artnet auctions contemporary editions jesus rafael soto

Artnet Auctions is offering five works by Venezuelan kinetic and Op art pioneer Jesús Rafael Soto (1923–2005) in its Contemporary Editions sale, open for bidding through May 29, 2025. The lots include *Multiple #4 (from Jai Alai)* (1969, est. $8,000–$12,000), *Permutación (from Serie Sintesis)* (1979, est. $6,000–$8,000), and *Tes Azules y Negras (from Serie Sintesis)* (1979, est. $7,000–$10,000), each exemplifying Soto's signature blend of optical illusion, physical layering, and kinetic elements.

at christies 13 6 million marlene dumas painting sets new record for living female artist at auction

Christie's 21st-century evening sale in New York on Wednesday night totaled $96.5 million, surpassing last year's $80.3 million, though the auction was characterized by caution, few fireworks, and a reduced number of lots. The headline event was Marlene Dumas's painting *Miss January* (1997) selling for $13.6 million with premium, setting a new auction record for a living female artist. The work, estimated at $12–18 million, was guaranteed and sold to a client bidding through Christie's deputy chairman Sara Friedlander; Miami collectors Don and Mera Rubell were the consignors. Other notable results included new records for Simone Leigh, Emma McIntyre, and Louis Fratino, while the top lot was Jean-Michel Basquiat's *Baby Boom* (1982) at $23.4 million. Four of 43 lots were withdrawn, and several works failed to sell, including an Ellsworth Kelly canvas with a $2 million low estimate.

rago wright post war contemporary art auction may 2025

Rago/Wright's Postwar and Contemporary Art sale in New York will take place on May 21, 2025, featuring over 200 lots of 20th- and 21st-century works including painting, drawing, photography, and sculpture. Highlights include Nick Cave's *Soundsuit* (2010), Deborah Butterfield's *Red* (1992), Cindy Sherman's *Untitled #416* (2004), Tom Wesselmann's *From Nude Painting Print* (1988/1989), and Bernard Buffet's *Bouquet jaune fond orange* (1966), with estimates ranging from $70,000 to $150,000. Previews will be held in New York and Lambertville, New Jersey from May 13 to May 21.

by the numbers a marathon night at sothebys moves 186 1 million worth of contemporary art

Sotheby's held a marathon night of three sales in New York, totaling $186.1 million in contemporary and ultra-contemporary art. The evening began with single-owner sales from the collections of the late dealer Barbara Gladstone and veteran dealer Daniella Luxembourg, both achieving 'white glove' results with no buy-ins. The main sale featured 42 lots, led by Jean-Michel Basquiat's *Untitled* (1981), which sold for $16.4 million. Overall, 66 of 69 lots sold, with a 94% sell-through rate, though the total fell short of the $234.6 million achieved in the equivalent sale last year.

bob dylan point blank halcyon gallery

Bob Dylan's latest exhibition, "Point Blank," opens on May 9 at London's Halcyon Gallery, featuring nearly 100 original paintings on paper. The works, which began as sketches and were later worked over with color, depict intimate portraits, couples, nudes, and mid-century Americana scenes, reflecting Dylan's ongoing development as a visual artist. The gallery has represented Dylan for nearly 18 years and notes a shift in public perception toward his art.

salvador dali mustache origin

Salvador Dalí's iconic mustache, voted the Most Famous Mustache of All Time in a 2010 Telegraph survey, originated in the 1940s after he initially sported a more subdued "Menjou" style in the 1930s. The artist developed his flamboyant upturned mustache, first appearing in his painting *Soft Self-Portrait with Grilled Bacon* (1941), and maintained it with meticulous daily grooming using date-based wax. Dalí treated the mustache as a personal logo and creative symbol, even co-authoring a 1954 book with photographer Philippe Halsman titled *Dalí's Mustache*, featuring 28 surreal photographs.

justin sun david geffen feud heats up

Crypto billionaire Justin Sun and entertainment mogul David Geffen are locked in an escalating legal battle over Alberto Giacometti's sculpture *Le Nez*. Sun purchased the work for $78.4 million at Sotheby's in 2021, but claims his former art adviser Sydney Xiong fraudulently sold it to Geffen for $10.5 million in cash and two paintings, using forged documents and fictitious lawyers. Sun filed suit in New York in February; Geffen countersued in April, calling the allegations "bizarre and baseless" and accusing Sun of "seller's remorse." Sun's legal team now asserts that Xiong has been detained in China since February, while Geffen's camp points to inconsistencies in Sun's story and his broader financial and legal troubles.

munch the scream bird droppings

Edvard Munch, the Norwegian Expressionist and Symbolist painter, often worked and stored his paintings outdoors on the grounds of his 45-acre estate, Ekely. This unconventional approach led to many works suffering damage from the elements, including water damage, dog paw prints, and an enduring urban legend that white smears on his iconic painting *The Scream* (1893) were bird droppings. In 2016, researchers at the University of Antwerp used X-ray radiation to debunk this myth, proving the marks were actually candle wax.

the art angle art frames

Artnet News published a podcast episode featuring writer and editor Katie White, who discusses her article "Bordercore: Why Frames Became the New Frontier in Contemporary Art." White explores how contemporary artists are reimagining picture frames as surreal, sculptural, and symbolic elements that actively comment on, disrupt, or extend the artwork beyond its traditional boundaries. She cites examples like Stephanie Temma Hier's 2021 work "Sparks and Tremors," which combines oil on linen with glazed stoneware sculpture, and notes that statement frames are increasingly appearing at art fairs and exhibitions after a long period of frameless display.

east fork matisse collection

Alex Matisse, the great-grandson of Henri Matisse and co-founder of the ceramics company East Fork, has launched a permanent collection in partnership with the estate of Henri Matisse. The collection features plates, platters, and mugs adorned with iconic motifs from the artist's work, including his "Nu Bleu" series, cut-outs like "Femmes et singes" (1954), and drawings such as "Le Platane" (1951). Alex Matisse, who deliberately avoided painting and drawing to forge his own path in clay, describes the project as a coming-full-circle moment that merges his family lineage with the craft that has defined his creative life.