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The Back Room: The Klimt Connection
Every Friday, Midnight Publishing Group News Pro members get exclusive access to the Back Room, our lively recap funneling only the week’s must-know intel into a nimble read you’ll actually enjoy. This week in the Back Room: the intrigue swirling around Dame mit Fächer, the flood-proof Hamptons art trade, the fairs getting small to get […]
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Could a Corruption Investigation Into Patrick Drahi’s Cable Company Spark Problems For Sotheby’s?
French-Israeli telecom magnate Patrick Drahi is in the headlines once again as news emerged this week that his Altice cable company co-founder and former COO, Armando Pereira, was detained in Portugal and remains in custody amid a sweeping corruption investigation. Subsequently, Alexandre Fonseca, chairman of Altice USA and co-CEO of Altice Group, removed himself from all […]
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Tupac Shakur’s Self-Designed ‘Crown’ Ring Could Fetch $300,000 at Sotheby’s Auction Commemorating 50 Years of Hip Hop
A diamond and ruby ring designed by rap legend Tupac Shakur will lead Sotheby’s Hip Hop auction ending July 25. The crown jewels of rap are expected to fetch at least $200,000. Tupac had designed the ring in 1996, just before he was shot in one of the music industry’s greatest mysteries, to celebrate his […]
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Klimt’s ‘Lady With a Fan’ Sets a New Auction Record in Europe, Making $108.4 Million at Sotheby’s Mini-Marathon of London Sales
Setting a new record for the most expensive work of art ever auctioned in Europe—Gustav Klimt’s final portrait Dame mit Fächer (Lady With a Fan), for a premium-inclusive £85.3 million ($108.4 million)—Sotheby’s hit its high target in a mini-marathon of sales held in London this afternoon and early evening. The artwork, which the auction house […]
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Rubens Painting Lost For 300 Years and Misidentified When Last Sold at Auction Will Star At Upcoming Sotheby’s Sale in London
A painting that lost its identity over the course of 300 years has now been re-affirmed as an important Old Master work and will be offered at a Sotheby’s sale in London in early July. The painting in question is Sir Peter Paul Rubens’ Saint Sebastian Tended By Two Angels. It has an estimate of £4 […]