More Museums Are Taking Advantage of Pandemic-Era Rule Changes to Sell Art at Auction, Including a $12 Million Childe Hassam artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.
Frieze Week 2020.
Lisson Gallery (Cork St)
Photo by Linda Nylind for Frieze.
A version of this story first appeared in the spring 2021 Artnet Intelligence Report, which you can download in full for free here.
“Imagine a world where you could not fly around the globe anymore. How would you conduct business?”
That was the “thinking-out-of-the-box” assignment that a consultant gave Phillips executives at the auction house’s annual strategy meeting in January 2020. “We looked at each other, like, ‘What is he talking about?’” Cheyenne Westphal, the company’s chairman, recounted.
“Just imagine there might be a volcano erupting,” the consultant told the assembled honchos, many of whom had traveled to New York for the occasion.
What will become of a tycoon s art gems?
Real estate developer Sheldon Solow with his son, Stefan Soloviev, in New York, March 8, 2018. Its the art worlds new guessing game: Will Solows paintings and sculptures, conservatively valued at $500 million, be heading to a private museum or to auction? George Etheredge/The New York Times.
by Katya Kazakina
(NYT NEWS SERVICE)
.- In an apartment high above Manhattan, paintings by van Gogh, Matisse and Modigliani overlooked the East River and tribal artworks and Egyptian antiquities mingled with Giacometti bronzes and furniture. Several blocks west, a monumental Miró bronze stood guard by a skyscraper known for its sloping glass facade and masterpieces inside.