A group of armed men broke into TEFAF Maastricht this week in an attempted robbery, causing an evacuation of the fair. “TEFAF has robust procedures in the event of a security breach,” a spokesperson for the fair said. “These were precisely followed, and all visitors, exhibitors and staff were safely evacuated. The fair has now reopened.” Read More »
A recently unearthed Michelangelo sketch, considered to be the artist’s first nude, has sold at Christie’s Paris for a record 23 million euros ($24 million). “Michelangelo has decided to make the figure into something that corresponded more to his aesthetic by making him much more robust and monumental, while at the same time keeping the fragility of the figure, who is exposed and shivering” as he awaits baptism,” says Christie’s Old Masters expert Stijn Alsteens. Read More »
The Jean-Michel Basquiat work from the collection of Japanese billionaire Yusaku Maezawa had a strong return to auction last night at Phillips, where it achieved $85 Million, part of a total sale of $224.9 million, the highest in the company’s history. Read More »