Banksy is going underground with tunnel art exhibition

Banksy and friends are transforming a London railway tunnel into an art exhibition. An excerpt from the article: From tomorrow, however, when the tunnel opens to the public, the graffiti are expected to attract thousands, because they represent the largest exhibition by Banksy, a determinedly anonymous British graffiti artist. He has gathered 40 of the … Read more

Dynamic abstract to herald Spoleto

A painting by an artist whose work is expected to draw bids of $4 million to $6 million at Sotheby’s auction house this summer has been selected as the image for the 2008 Spoleto Festival USA poster. An oil-on-linen abstract work, “Painting With Verticals, Cadence 3 (2006)” by British artist Bridget Riley, will be mounted … Read more

Works collected by German eccentric Rau to be sold

LONDON, May 2 (Reuters) – Ten works of art from one of the world’s major private collections amassed by the late philanthropist Gustav Rau are to go on sale at Sotheby’s in July, the auctioneer said on Friday. The German industrialist, who sold the family auto parts business, trained as a doctor and spent 20 … Read more

Banksy, Hirst Art Stirs Up Hong Kong as Three Collectors Put Works on Sale

Advertisements for prostitutes inscribed on walls in the ancient European cities of Ephesus and Pompeii show that graffiti has been with us since antiquity. It wasn’t until the 1980s that these informal public declarations were elevated from vandalism to art, as works by Jean-Michel Basquiat and Keith Haring entered the galleries. Now the irreverent art … Read more

Investors turn to art and antiques

The volatility of the financial markets appears to be encouraging consumers to switch to alternative investment opportunities, says a survey by the Royal Institute of Chartered Surveyors. More than 50% of chartered surveyors reported a rise in the performance of lots in the £5,000+ band, suggesting that disposable incomes are being spent on arts and … Read more