Auctions Rubens Painting Lost For 300 Years and Misidentified When Last Sold at Auction Will Star At Upcoming Sotheby’s Sale in London Research and x-ray analysis revealed that the painting is far more important than previously thought. By Eileen Kinsella, Jun 19, 2023
Auctions Sotheby’s Will Offer a Rare Klimt Portrait in London With a Whopping $80 Million Estimate—Which Could Set a European Record The painting, made near the end of the artist's life, will lead the Sotheby's London summer sale. By Eileen Kinsella, Jun 14, 2023
Galleries Perrotin Gallery Is in Talks to Sell a Majority Stake to Investment Firm Colony to Fund Further Expansion Emmanuel Perrotin, who predicts increased gallery consolidation, even floated the idea of buying up rivals. By Eileen Kinsella, Jun 12, 2023
The Art Detective Market Reset or Not, Art Basel Still Dazzles: Top Trophies Range From a $60 Million ‘Mellon’ Rothko to $22.5 Million Bronze Spider Several artworks are being offered at a significant markup over prices they commanded just recently, while others are coming to the fair at a steep discount. By Katya Kazakina, Jun 9, 2023
Law & Politics What the Story of a Botched $1 Million Auction Reveals About the Clash Between New Anti-Money Laundering Laws and Client Confidentiality Patrick Matthiesen sought more information about a painting he bought at auction, but immediately hit a wall. By Eileen Kinsella, May 29, 2023
Law & Politics A Dealer Who Called Out the Art World’s Lack of Due Diligence Is Himself a Victim of Lisa Schiff’s Alleged Ponzi Scheme Parallels between two blockbuster lawsuits involving art fraud raise questions about "best practices." By Eileen Kinsella, May 26, 2023
Law & Politics Prominent Art Advisor Lisa Schiff Has Been Hit With a Second Lawsuit, Alleging She Embezzled Nearly $3 Million The suit spells out details of alleged art fraud on more than a dozen transactions. By Eileen Kinsella, May 19, 2023
Art Fairs Dealers Proclaim a Return to Form for Frieze New York, With Healthy Sales Across the Spectrum and Increased International Traffic The VIP preview was packed with buyers looking to spend. By Eileen Kinsella, May 18, 2023
Law & Politics Art Advisor Lisa Schiff, Accused of Fraud by Two Former Clients, Has Vacated Her London and New York Spaces The veteran advisor allegedly owes $1.8 million on the sale of a painting by Adrian Ghenie. By Eileen Kinsella, May 17, 2023
Crime A Portuguese Ex-Banker Convicted of Fraud in a $20 Million Art Deal Has Evaded Jail Time After a Criminal Statute Expired José Viamonte de Sousa skimmed millions off a sale of 41 Joan Miró paintings. By Eileen Kinsella, May 16, 2023
Artnet News Pro By The Numbers: A Breakdown of Results From Christie’s 21st-Century Evening Sale, May 2023 The sale hit all its major marks. By Eileen Kinsella, May 16, 2023
Auctions Christie’s Small But Mighty 21st-Century Sale Reached $100 Million, Aided by Larry Gagosian’s Covert Bids and a Strong Showing of Women Artists An early Jean-Michel Basquiat painting was the top lot of the night. By Eileen Kinsella, May 15, 2023
Law & Politics Art Advisor Lisa Schiff Hit With ‘Ponzi Scheme’ Lawsuit After an Adrian Ghenie Art-Flipping Deal Goes Awry Disgruntled former clients have pointed to "lavish" spending and accused Schiff of running a Ponzi scheme. By Eileen Kinsella, May 12, 2023
Auctions The First Auction of Late Billionaire Heidi Horten’s Controversial Jewelry Proves Wildly Successful, Raking in $156 Million A late-breaking revelation that Horten's husband ‘profited from the situation’ of Jewish department store owners starting in 1936 did not hamper bidding. By Eileen Kinsella, May 11, 2023
Artnet News Pro From a Rare Klimt Still Life to a Paradoxical Magritte, Here’s Our Insider’s Guide to the Key Lots of New York’s $1.3 Billion Spring Auctions The market may be off its peak but liquidating single-owner collections mean there's no shortage of trophy lots and rare gems this season. By Eileen Kinsella, May 11, 2023
