![Tuesday Art Market Report: Richter/Clapton Celebrity Sale Sets Record, Warhol Market Flabby Fearing Foundation Sell-off](https://webarchive.library.unt.edu/glasstire/20130119093552im_/http://glasstire.com/wp-content/uploads/2012/10/richter-auction-150x150.png)
Tuesday Art Market Report: Richter/Clapton Celebrity Sale Sets Record, Warhol Market Flabby Fearing Foundation Sell-off
From the Wall St. Journal: Eric Clapton’s painting by Gerhard Richter, “Abstract Painting (809-4),” sold at Sotheby’s contemporary art evening auction in London on Friday for $34.2 million—more than anyone has ever paid at auction for a work by a living artist . . . meanwhile, pop icon Andy Warhol had a bumpy night. Christie’s [...]
![Andy Warhol Foundation to sell off remaining works: Collectors fear market plunge, Auctioneers see online Goldrush](https://webarchive.library.unt.edu/glasstire/20130119093552im_/http://glasstire.com/wp-content/uploads/2012/09/Warhol-Heinz-2-150x150.jpg)
Andy Warhol Foundation to sell off remaining works: Collectors fear market plunge, Auctioneers see online Goldrush
The Andy Warhol Foundation announced its plans to sell off an estimated 20,000 Warhol works it owns, a week after its innovative partnership with Target to license limited edition Warhol-style Campbell soup cans at stores across the US. Christies will manage the sale, which the foundation hopes will net upwards of $100 million. Chairman Michael [...]
![AAAAAAAAAAAGGGGHHHHHH!!!!!!!!!! Scream Most Expensive Piece of Art in History!](https://webarchive.library.unt.edu/glasstire/20130119093552im_/http://glasstire.com/wp-content/uploads/2012/05/munch.scream2-150x150.jpg)
AAAAAAAAAAAGGGGHHHHHH!!!!!!!!!! Scream Most Expensive Piece of Art in History!
Who paid $119 million for Edvard Munch’s The Scream at auction at Sotheby’s yesterday? The Daily Beast has run a long, content free-speculation discussing various evidence-free theories. Lacking “even crumbs” of information from the auction house, everyone is now free to guess without restraint. It was the most expensive piece of art ever sold at [...]
![Artists Sue Resellers for Back Royalties: California Droit De Suite Law to be Tested](https://webarchive.library.unt.edu/glasstire/20130119093552im_/http://glasstire.com/wp-content/uploads/2011/11/chuck-close-money-150x150.jpg)
Artists Sue Resellers for Back Royalties: California Droit De Suite Law to be Tested
Lawyers representing Chuck Close, Laddie John Dill, and the Estate of Robert Graham, among others have filed three class-action lawsuits aimed at getting the big auction houses and eBay to divulge information about their sellers, and make them pay up under the California Resale Royalties Act, which requires Californians reselling a piece of fine art [...]