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The Headlines
VIVA LAS VEGAS. On Saturday night time, the hotly anticipated Sotheby’s sale of Picassos from the restaurant Picasso on the MGM Bellagio in Las Vegas introduced $108 million over the course of 45 minutes in one of many on line casino’s ballrooms, Angelica Villa stories in ARTnews. All 11 works discovered consumers, making it a white-glove sale in trade parlance. The highest lot was Femme au Béret Rouge-Orange (1938), of the artist’s lover and muse Marie-Thérèse Walter, which went for $40.5 million (with purchaser’s premium), after a quartet of bidders jousted for it. The winner was bidding by telephone through Aliyaa Stude, who heads the home’s Houston workplace. MGM has characterised the sell-off as an effort to diversify its artwork holdings. These hoping to dine amid Picassos throughout a wild night time in Sin Metropolis, don’t worry: The restaurant will proceed to deal with a dozen works by its namesake.
THE KING OF POP. The Brooklyn Museum will open a present subsequent month that appears at Andy Warhol’s work in relation to his abiding Catholic religion, the Guardian stories, quoting the late artwork historian John Richardson: “The data of this secret piety inevitably modifications our notion of an artist who fooled the world into believing that his solely obsessions have been cash, fame, glamor.” In different Warhol information, a 1964 “Electrical Chair” owned by rocker Alice Cooper went unsold at Larsen Artwork Public sale in Scottsdale, Arizona, ArtLyst stories. A Warhol present simply ended its run at Tehran’s Museum of Up to date Artwork after drawing huge crowds, the AP stories. And Web page Six says that some Warhol associates are upset that they weren’t interviewed for the forthcoming Ryan Murphy –helmed Netflix documentary in regards to the artist. Not actress, Viva Hoffmann, although. “I liked Andy, however I all the time pray and hope that nobody ever mentions me once more for the remainder of my life in reference to any Warhol film,” she mentioned.
The Digest
The U.Okay. authorities is reportedly contemplating methods to restrict the variety of college students who pursue levels within the arts and different fields that result in low salaries (and the next risk that they won’t repay their loans). “Attempting to select off any topic areas could be arbitrary and inevitably fuelled by prejudice,” mentioned one college chief. [The Guardian]
The late German collector Ulrike Crespo bequeathed 90 works to the Städel Museum in Frankfurt, together with main items by Otto Dix, Wassily Kandinsky, Fernand Léger, and extra. A patron of latest artwork in her personal proper, Crespo inherited the modernist items she marked for donation from her grandfather, Karl Ströher. [The Art Newspaper]
Artist Park Search engine optimisation-Bo, a key South Korean artist, educator, and exhibition organizer, received the nation’s high honor for tradition, the Geumgwan Order of Cultural Benefit. Park turns 90 subsequent month. “You must have given it to me earlier,” he joked on Instagram. “I wish to brag about this for a very long time, however I don’t have many days left.” [The Korea Herald]
Jeff Koons, who has a present up on the Palazzo Strozzi, Florence, Italy, gave a characteristically on-message, wide-ranging, and weird interview. “I believe folks revered the thought of creating a mark within the Renaissance,” he mentioned, “as if they have been recording the historical past of what it means to be human, which we take with no consideration at present.” [Wallpaper]
A brand new all-time report for a sneaker lot at public sale: The oldest-known pair of Nikes that Michael Jordan wore in a regular-season basketball sport bought for $1.47 million at Sotheby’s in Vegas. The cardboard collector Nick Fiorella made the successful bid on the sneakers, which date to the celebrity’s fifth-ever NBA sport, in 1984. [Bloomberg]
Pattern alert! City & Nation notes that siblings are taking part in huge roles within the artwork world as of late, from Marlene and Lucas Zwirner working for his or her father, supplier David Zwirner, to Saskia and Cosima Spender compiling a listing raisonné for his or her grandfather, artist Arshile Gorky. [T&C]
The Kicker
CULTURE SHOCK. A pair in England who snapped up two prints at public sale for beneath £12 (about $16.50) as a result of they needed the frames housing them inadvertently ended up with a invaluable paintings, the Harborough Mail stories. To their shock, a third print, of a person’s head, got here with the lot, and after watching a BBC artwork program, they realized it’s a 1998 Lucian Freud from an version of 46. Gildings Auctioneers in Market Harborough has pegged it with a low estimate of £12,000 (about $16,500). Stated a specialist on the home: “I used to be delighted to have the ability to be capable to inform this couple that the print they’d picked up for lower than the value of a takeaway pizza, was certainly the work of arguably essentially the most celebrated figurative artist of the twentieth century.” That should be a pleasant feeling. [Harborough Mail]