Sotheby’s keen to change luck with sizzling Bacon

Sotheby’s, the auction house, is banking on a $70 million (£36 million) sale of Francis Bacon’s 1976 painting Triptych next week to offset what it calls uncertain economic times. The auctioneer hopes that it will attract as much as $477 million from its sales of contemporary art in New York next week, when Mark Rothko’s … Read more

How the Tate got streetwise

In case you haven’t noticed graffiti art has gone mainstream. Spray paint art even has a new name; Street Art. Alice Fisher has an article in The Guardian explaining how Street Art has moved, with the help of the internet, from underground to mainstream acceptance by the establishment in short order. From the article: It’s … Read more

Tina, Anil Ambani take art to Christie’s

London: Billionaire Indian businessman Anil Ambani’s wife Tina Ambani is seeking to raise over £1,00,000 for her Harmony Art Foundation by selling a dozen art works at Christie’s, which is also exhibiting 32 works from the Ambani family’s private collection. The global auction powerhouse said in a statement that starting from Wednesday, Christie’s London would … Read more