Lehman Brothers Art Work Under the Hammer

lehman brothers bankruptcy 468x312 Lehman Brothers Art Work Under the Hammer

Artwork from the European branches of the collapsed US investment bank Lehman Brothers will go under the hammer in London next month in a two-million-pound auction, administrators said Sunday.

Works by Lucian Freud and Gary Hume will figure at the sale at Christie’s auction house on September 29, which comes two years after the bank’s demise.

“We think that there are many people around the world who would like to acquire some art with a Lehman connection,” said administrators PricewaterhouseCoopers.
continued Lehman Brothers Art Work Under the Hammer

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Louis Vuitton Vintage Pieces at Christie’s

vintagevuitton 468x328 Louis Vuitton Vintage Pieces at Christies

On September 28th Christie’s in London will offer an incredible collection of vintage Louis Vuitton luggage during its Interiors: Style & Spirit sale.

Over 20 original pieces from the famed French luxury goods house dating from the late 19th century to the 1940s will go on the block.
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Princess Diana’s family sells Rubens painting

rubens painting 467x487 Princess Dianas family sells Rubens painting

Princess Diana’s family has sold an important Old Master painting by Peter Paul Rubens for nine million pounds at auction.

“A Commander Being Armed For Battle”, which is thought to depict the 16th-century Holy Roman Emperor, Charles V, was sold to an anonymous bidder at Christie’s auction house in London on Tuesday.

The painting, completed between 1612-1614, used to hang in Althorp which is the ancestral seat of Diana’s family and the late princess’s childhood home.
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Wall Street sign sells for $116.5K at auction

wall street sign 468x353 Wall Street sign sells for $116.5K at auction

A porcelain sign that once marked the intersection of Wall and Broad streets fetched $116,500 at Christie’s in Manhattan yesterday.

The seller, Kevin Lessin, bought the vintage sign about 25 years ago from a dealer liquidating the estate of a collector of New York memorabilia.

The sign consists of two enamel plaques set crosswise, with Broad above Wall in white letters on a cobalt-blue background.
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Modigliani sculpture sets records in Paris

francois de ricqles 468x312 Modigliani sculpture sets records in Paris

A sculpted stone head by artist Amedeo Modigliani sold at Christie’s in Paris on Monday for euro 43.2 million, breaking the record for a work by the Italian artist.

The sculpture dated from between 1910 and 1912 and had been estimated at between four and six million euros.

“It’s a record for a work by the artist in any category”, including paintings and sculptures, said Christie’s, which organised the sale.
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Raza sets record for Indian modern art in London

raza saurashtra painting 468x309 Raza sets record for Indian modern art in London

A painting by leading Indian artist Syed Haider Raza sold for almost 2.4 million pounds in London on Thursday, setting a record for a modern Indian work.

“Saurashtra”, dated 1983, was estimated to fetch between 1.3 and 1.8 million pounds, but finally sold for 2,393,250 pounds including buyers’ premium.

The painting belonged to a key period in Raza’s career when he began to integrate elements of his Indian childhood and cultural heritage into his paintings.
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