When the famous artist Lucian Freud died in 2011, he left behind assets of £95 million, none of which went to his daughter Lucy Freud nor her siblings. Allegedly enduring a difficult childhood with a detached father of multiple affairs, Lucy Freud still believes she is a rightful heir to the fortune and continues to speak up for her siblings,”I don’t believe Dad had it in him to be specifically derogatory to us as a group. I don’t believe he would have done it.”

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A number of deals and arrangements made this month have signaled that the centuries-old artistic bastion of Paris may have begun its rise to the highest levels of the international art market.  A classic Modigliani has sold for over €6.5 million, the highest price paid for a painting in France this year, and comes alongside news of a record €44 million tally for sales in France by Sotheby’s in 2013, while Christie’s showed similar success and a €56 million sales total for the year. (more…)