Larry Gagosian: “He considers his business sacred” [Guardian]
Sotheby’s stock slipping almost 10% since October 26th [Bloomberg]
Murakami LAMoCA Gala items up for auction on eBay [LATimes]
Larry Salander and wife file for bankruptcy [Bloomberg]
Financial markets creating turmoil in art markets? [FT]

Back in September, we learned from BBC News, Bloomberg and the New York Times that Jeff Koons’ “Diamond (Blue)” was being auctioned at Christie’s for $12 million. A recent report from the Guardian UK stated that the piece was going to be estimated for $20 million, up $8 million from just a few months ago. What’s correct? (more…)

Last night’s Neck Face opening at Dactyl Foundation began at 7pm, and those who were fashionably late may have had a difficult time getting a good look at the work. Most of the attendees were decked out in costumes and/or makeup, looking as if they had stepped out of the paintings. I took as many pictures as possible before the crowds swarmed, dodging skateboards and the growing beer line.   (more…)