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The Resale Royalty Award Program offers living artists 5% — the highest royalty threshold worldwide — of the proceeds from secondary market sales, at up to $85,000 annually per artist.
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A petitioner has abandoned claims filed with the Commissioner of the New York State Department of Education challenging the sale of Jackson Pollock’s “Red Composition,” which realized $13 million.
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The artworks, which include significant pieces by Lucas Cranach the Elder and Francesco Botticini, are estimated to accrue $2.3 million to $3.5 million in total at Christie’s today, October 15.
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The BDC’s 6th annual photo auction benefit, open through October 22, features a diverse set of images that engage with issues of social justice and themes of social change.
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Considered to be a national treasure, the “Taddei Tondo” could protect about 40% of Royal Academy workers from job loss.
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Over 140 objects from Haring’s personal collection, including works by Andy Warhol and Jean-Michel Basquiat, will be sold by Sotheby’s to benefit the Lesbian, Gay, Bisexual & Transgender Community Center of New York.
In Brief
The controversial sculpture has been donated anonymously to the New York institution.
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Over 100 artists, including Rashid Johnson and Jenny Holzer, have donated work for a sale that will benefit arts nonprofits based in New York City.
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The Everson Museum of Art in Syracuse, New York will sell the 1946 painting through Christie’s; it is estimated to garner between $12 and 18 million.
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Also, mega-galleries report strong sales from Art Basel Hong Kong online, and more.
News
Also, Art Basel viewing rooms open to the public on March 20, and more.
News
Also, the Cleveland Museum of Art receives largest donation since 1958, Alma Thomas’s “Flash of Spring” (1968) sold for $819,000, and more.