Rock and Roll superstar Alice Cooper has reportedly discovered a lost Andy Warhol Electric Chair painting in his collection, a piece that could be worth several million dollars, The Guardian reports. “Truthfully, at the time no one thought it had any real value,” Cooper’s manager, Shep Gordon says. “Andy Warhol was not ‘Andy Warhol’ back then. And it was all a swirl of drugs and drinking. But you should have seen Alice’s face when Richard Polsky’s estimate came in.”
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The Kunstmuseum Bern in Switzerland has taken control of the first works from the Cornelius Gurlitt art horde, spurring new research into the work’s provenance in the Swiss city. “It is impossible to separate the Gurlitt collection from […] the debate about Nazi-looted art,” says Nina Zimmer, the director of the Kunstmuseum Bern. “I am glad the museum’s board took on this responsibility.”
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A recent report on the year’s auction health sees auction sales slightly improving, while private sales are drastically down at Christie’s, the Financial Times reports. Christie’s CEO Guillaume Cerutti has attributed this to the “counter-cyclical relationship” between auctions and private sales.
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