Daily Management Review
Art & Art Market

In partnership with La Gazette Drouot International

Art Market Overview: Rising Prices for Paintings by American Artist Robert Colescott

Twelve years after his death, the price index for works by the American New Figuration painter Robert Colescott (1925-2009) are soaring. Robert Colescott has become a market favorite since Blum & Poe Gallery began managing his estate in 2017. The satirical artist could well set new records:...

The Emperor’s Gold: Treasures of the Banque de France

Spanning 25 centuries of history, the numismatic collection of the Banque de France is particularly well endowed with Napoleonic coins and medals, some of which will soon be on display in Paris as part of the "Napoleon" exhibition. To penetrate into the inner sanctum, you must first show your...

Eli Broad, Los Angeles Loses One of its Most Important Patrons and Art Collectors

Born in the Bronx on June 6, 1933 to Jewish immigrant parents from Lithuania, Eli Broad, co-founder of the Museum of Contemporary Art (MOCA), died on Friday, April 30 Mr. Broad embodied the American dream. He studied economics at the University of Michigan before co-founding Kaufman & Broad,...

Durjoy Rahman, Activist Bangladeshi Collector

The founder of the Durjoy Bangladesh Foundation, collector Durjoy Rahman puts all his energy into promoting artists from his country and South Asia Based in Dacca and Berlin, the Durjoy Bangladesh Foundation  (DBF) was created in 2018 to promote artists from South Asia and beyond. Its...

Precious Chartreuse from France and Spain

It took two days to sell the contents of a collector’s wine cellar, which also held the rarest spirits. The very well-attended auction totaled €597,000, with the Chartreuse collection alone accounting for €294,300. Two outstanding bottles from Isère, the original home of the medicinal liqueur...

Watches, Cars and a Record for Ettore Bugatti’s Mido Watch

The idea behind this extraordinary auction was to feature two current trends, vintage cars and watches. Success was guaranteed. The first major piece, the famous Mido watch made for the great Ettore Bugatti, fetched €280,000, well over twice its high estimate and setting a world record for...

Menart Art Fair Makes the Middle East Shine

The Middle East and North Africa now have their own international fair. Laure d’Hauteville, founder and director of the Beirut Art Fair, has just launched Menart Art Fair, with “MENA” as an acronym for these regions. The first edition will take place from May 27 to 30 at the Cornette de...

Art Market Overview: a New Record for Chu Teh-Chun

Chu Teh-Chun is now seventh in the Artprice 2021 rankings, just behind his fellow citizen Zao Wou-Ki. A work by the other master of lyrical abstraction from China fetched a record price. His 1986 triptych Winter Harmony sold for $29.5 M at Sotheby’s Hong Kong on April 18... read more

The Walters Art Museum Confronts Its Founders’ Confederate Legacy

The origins of the Walters Art Museum date back to 1931, when Henry Walters bequeathed to the city of Baltimore an extensive art collection started by his father, William T. Walters. Today, the museum is reckoning with its founders’ white-supremacist legacy. The Walters Art Museum is among numerous...

Mary Cassatt: The Artist, her Sister and Impressionism…

Mary Cassatt’s impressionist technique and her distinctive approach to portraiture are demonstrated in this work, Étude pour la tasse de thé (Study for a Cup of Tea), the subject of which is her sister Lydia. While her works with a palette considered too bright were rejected by the Paris...
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