A Mondrian held in private hands for over 50 years will hit the auction block at Sotheby’s New York this week, estimated at about $30 million, and anticipated to potentially break the artist’s record at auction.  “It’s from what is considered to be Mondrian’s best period, in the 20s,” says Helena Newman, co-head of Impressionist and Modern Art at Sotheby’s.  “By which time he has developed this very iconic and unique style which is so beautifully epitomised in this work. (more…)

Jeffrey Gundlach, bond investor and art collector, catalyzed the return of his stolen artwork by telling authorities to check who had Googled his grandmother’s name. Earlier this year, $10 million in artworks were stolen from his home, along with paintings made by his grandmother, Helen Fuchs. It turned out that two parties had searched on Google for “Helen Fuchs” – Gundlach and the thieves, who were subsequently apprehended. (more…)