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Michelangelo Sketch Sells for $24 Million in Paris

May 19th, 2022

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.
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Basquiat Work Sells for $85 Million at Phillips $224.9 Million Night

May 19th, 2022

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. 
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Independent Art Fair to Launch New Fair Around 20th Century Work

May 17th, 2022

The Independent Art Fair will launch a new fair in September this year that will focus on 20th Century Works. “Over the years, there has been a shift, with next-generation dealers showing a more diverse group of artists and territories, geographically, socially, politically,” says Independent director Elizabeth Dee. “They are looking forward and looking back, saying, ‘We need to have a canon that looks like our program.’”
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REFERENCE LIBRARY

Francesca von Habsburg

Collector’s Birthdate: NAvon Habsburg, daughter of renowned European collector Baron Hans Heinrich Thyssen-Bornemisza, whose collection dwells within its own museum in Madrid, has created her own foundation committed to funding young artists’ ambitious projects.

Married to Karl von Habsburg, eldest son and heir to Austria’s Imperial family, she has retained her identity and command of her own foundation, the Thyssen-Bornemisza Art Contemporary (T-B A21) which collects important and untraditional pieces.

Her collection contains famous works like Ólafur Elíasson’s “Your Black Horizon”.

On art and collecting:

“I would like to overcome the permanence of museum structures.” “I don’t buy any more, I commission unique, large-scale projects from Ólafur Elíasson, Doug Aitken, Matthew Ritchie, Janet Cardiff, Ernesto Neto, Kutlug Ataman, Diana Thater, Cerith Wyn Evans, Jim Lambie, Jun Nguyen-Hatsushiba, and recently a selection of young emerging East European artists.”

Lindemann, Adam. Collecting Contemporary: Los Angeles, Taschen GmbH 2006.