Showing posts from April, 2008

Sporting Art Auction Million-Dollar Paintings

Sir Alfred James Munnings, P.R.A., R.W.S. 1878-1959 A Boy and His Pony, Portrait of Daffern Seal on Canary, oil on canvas.

Portrait of William Bolton Aspinall by Thomas Weaver.

May 7 Sotheby's London will stage an auction of important Sporting Art.
The top-priced piece of the sale is Munnings' "A Boy And His Pony - Portrait of Daffern Seal on Canary" painted in 1926. With an estimate of $3 - $5 million, it's one of the highest-priced equestrian portraits ever; however, it's worth noting that in 2004 Sotheby's sold a Munnings entitled "The Red Prince Mare," which had formerly belonged to Mr. and Mrs. John Hay Whitney, for $7.8 million, almost $2 million over estimate.

Abstract Art at

Russian billionaire to Launch SNOB Magazine for Snobs

Mikhail Prokhorov, Russian precious metals mogul, ranked as the 24th richest man in the world with a $22 billion fortune, plans to spend $150 million setting up a magazine, website and television station called Snob.
"It's for people who are successful and those who want to be successful," said Andrei Shmarov, who will run Snob.
Snob's magazine and website, which will focus on lifestyle features, business news and travel. It will be available from this summer. [from]


More Investors Put Money into Art

More investors are putting their money into the art and antiques market due to fears over continued volatility in the financial sector, a survey showed yesterday.
The Royal Institution of Chartered Surveyors (RICS) found 20 per cent more surveyors reported an increase rather than a fall in prices, showing the market for antiques and art remains buoyant.

The most expensive items performed best. In the picture sector, 44 per cent more surveyors reported a rise rather than a fall in the prices of lots worth more than £5,000. [from thescotsman]
More RegiaArt here

What do hedge-funders do with all that money?

According to survey done this week by Prince & Associates, the Connecticut-based wealth-research firm, hedge funders are still spending millions on art, jewelry, watches, hotels and spas. And most plan to spend more in 2008 than they did in 2007. [from wsj]

ART– About 48% of the sample spent money on art, with average spending of $4 million.

$4 million still gets you some of Regia Marinho's squared paintings.

Find RegiaArt here

Roustam Tariko and the Luxury Summit

Roustam Tariko one of the most entertaining speakers at the Luxury Summit conference, he's founder and chairman of Russia Standard vodka, Russian Standard bank and he's single.
He frequents the Billionaires' Club, a boite on the Italian island of Sardinia. Bought a mansion there for $30 million from Sylvio Berlusconi's wife.

Tariko seems to be in a perpetual good mood. He delivered some of the amazing statistics on Russia's boom.

Since 1999, average wages have multiplied by a factor of eight and the number of Russian entrepreneurs is on the rise.

Today Russians have easy access to consumer goods. Small wonder then that advertising spending is growing at a rate of 30% a year.

There are more billionaires in Moscow than New York and like their Western counterparts they are becoming big philanthropic givers.

Julia Peyton-Jones One of the Most Powerful People in British Culture

Julia Peyton-Jones, director, Serpentine Gallery. Since 1991 Peyton-Jones has made the Serpentine one of Britain's leading contemporary art spaces. Last year she led discussions at the World Economic Forum in Davos, a measure of the esteem in which she is held globally. [from Telegraph]

ART in auction

Chinese Contemporary Art in HONG KONG

Guo Bochuan, The Forbidden City
29 x 36 in.
Sotheby’s Hong Kong Apr. 9, 2008
Sold to an Asian collector.
The painting had sold at auction in 1994 for $388,000.

Sotheby’s Hong Kong held its sale of Chinese contemporary art in Hong Kong on Apr. 9, 2008, totaling HK$403,000,000 -- about $51,700,000 -- for what the firm called the highest sales series of Chinese contemporary art at Sotheby’s. Of 184 lots offered, 159 sold or more than 86 percent. [from artnet]

Send a Blank Canvas Regia Art CAJACAJU

DO YOU CAJACAJU? ... a new art experience to visitors around the world.
It's a new project of the NY artist Regia Marinho.

Leonardo DiCaprio Buys Eco-Friendly New York Condo

The purchase was confirmed on Friday by Christopher Daly, president of Sheldrake Organization, the developer of the Battery Park City complex. Occupancy is slated for this summer.

The 264-unit condominium glass tower overlooks the river and a park, and boasts low emission paints, a 24-hour fresh filtered air system, a water treatment facility and rotating solar panels.[from]

Daniel Birnbaum to Curate 53rd Venice Biennale

Born in Stockholm in 1963, Daniel Birnbaum has been the curator of institutions and exhibitions at an international level, and has since 2001 been Rector of the Staedelschule in Frankfurt-am-Main in Germany, an international academy which concerned an assessment of traditional and contemporary art as well as the development of entirely new practices. Since 1998, he has also been a contributing editor of Artforum in New York, with which he has been working regularly since 1995. Since the early 1990s he has also contributed regularly to other magazines such as Parkett and Frieze. [from Venice Biennale]

Ms. Dayan's Private Art Dealership Has New House

Art collector Adam Lindemann and his wife, Amalia Dayan have bought a slim townhouse at 64 East 77th Street for $5.2 million.
The 12.5-foot-wide brick-front house was bought for Ms. Dayan's private art dealership.


Lawyer Launched Contemporary Art Fund

Stuart Evans, a corporate lawyer at Simmons & Simmons, has launched a contemporary art fund.

The fund, Lodeveans Contemporary, has so far raised £1m from the Evans family and a small number of its partners. Subscriptions are set at a minimum of £50,000. Initial purchases, up to last September, have registered a total gain of 30%, according to a valuation by auction house Sotheby's.

Stuart curates the Simmons & Simmons collection of contemporary art. He was formerly Chairman of the Patrons of New Art at the Tate Gallery. [from wealth-bulletin]

Image from

Send a Blank Canvas, Pay and Get a Surprising Art CAJACAJU by RegiaArt

Artist Regia Marinho announces a new project online, CAJACAJU.COM
It's an interactive concept where you buy a blank canvas the size you want, send it to the artist and pay before you even see the artwork.
Get risk. Get a surprise.

CAJACAJU.COM offer the ultimate art experience to its visitors around the world. is a new project of the NY artist Regia Marinho.

Old Andy Warhol Home for Sale

New York Times real estate talks about an old Andy Warhol home for sale in Manhattan. If you want to live where the famous pop artist once lived (from 1959 to 1974) you'll need about $6 million.

ART? RegiaArt on eBay

Sonnabend Art Collection Sold $600 million

The children of New York art dealer Ileana Sonnabend sold off most of her $900 million collection, including works by Andy Warhol to pay estate taxes and fees.

The Gagosian Gallery of New York and GPS Partners, which advises collectors on art sales and purchases, bought the works for $600 million in two private transactions this week.

Sonnabend, who died in October at 92, was one of New York's most influential art dealers. She appointed her daughter, Nina Sundell, and adopted son, Antonio Homem, as executors of her estate.

Englishman Grayson Perry Print Sells for 13 Times 2004 Price

A print by Grayson Perry sold in London last night for a price about 13 times its value in 2004.
The trial proof of Perry's limited-edition etching Map of an Englishman sold for 41,300 pounds ($82,400) to a London dealer on the telephone, Christie's International said. The work was estimated to fetch between 25,000 pounds and 35,000 pounds. [from bloomberg]

Phillips de Pury Hires Gerard Goodrow

Gerard Goodrow, the former director of Art Cologne, joins auction house Phillips de Pury & Co. as business development director at a new office and showroom in Cologne.
Goodrow, 43, is an American who has acquired German citizenship. Before joining Art Cologne, he was a director of contemporary art at Christie's International in London. [from bloomberg]
Art at