Sotheby’s Russian art auction fetches $46 mln, breaking records (Russian Information Agency Novosti)

A two-day Russian art auction at Sotheby’s in New York fetched $46.449 million, breaking several records for individual artists, as wealthy Russians turned out to buy into their cultural heritage. Russia’s economic resurgence since the end of the 1990s and the continually expanding class of super-rich have brought soaring demand for Russian art. Sotheby’s Russian … Read more

Banksy’s Spray Painting Pal Lights Up London

An old spray-mate of Banksy has raised the stakes in the battle of street art to paint London purple, pink and green. Banksy’s stablemate Nick Walker used a giant laser beam to “spray paint” on some of the major landmarks in the capital… Read full story at Sky News Banksy items for sale on eBay … Read more

Lucien Freud portrait of fat supervisor set to break auction record

A life-size Lucian Freud painting of a naked benefit office supervisor sleeping is expected to smash auction records next month. The artwork, which is being sold by a private European collector, is predicted to fetch up to $35 million (£18 million) when it goes on sale in New York. Christie’s believes that Benefits Supervisor Sleeping … Read more

Hockney donates huge landscape to UK’s Tate museum

British artist David Hockney has donated a vast landscape of winter trees in northern England, comprising 50 canvases and painted with the aid of a computer, to the Tate, the museum announced on Monday. The 70-year-old, whose work “The Splash” fetched… Read the full story in Reuters Life!