âThere is enormous appetiteâ: art market revels as more records fall
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By anyoneâs measure, last week was exceptional for Australiaâs secondary art market, with $25.8 million in sales, 16 artist records set and a new high for an internet bid.
Not only was a new record set for Arthur Streeton for his romantic vision of Venice,
The Grand Canal, which hammered $2.5 million at Deutscher and Hackett in Melbourne, but the painting sold to an internet bidder, establishing yet another record. Deutscher and Hackett charges a 25 per cent buyerâs premium, including GST, on the hammer, which gave the Streeton a total price of $3.068 million.
Iran s secret billion-dollar art collection
How did the most valuable collection of modern western art outside Europe and the US end up in Tehran?
5 April 2021 • 5:00am
The Tehran Museum Of Contemporary Art
Credit: Alamy
People ask me, ‘What do you think of when you think of Iran?’” says Farah Pahlavi, the 82-year-old widow of the country’s last Shah, speaking to me via Zoom from her wood-panelled Parisian home. “I think of the mountains. Especially Damavand, the volcano, which I could see from the palace. And I think of the streams, the trees, ordinary people…” She sighs. “Of course, I miss my country, the country that I knew. But I keep hope that Iran will rise from her ashes.”