Decorate Your Life (tm) is the unofficial weblog of ArtRev.com

Saturday, April 26, 2008

Art for the rich!

1. JACKSON POLLOCK: "Number 5, 1948", 1948

$140 million

Private sale, 2006. Seller: David Geffen. Buyer: David Martínez (not confirmed)


Unconfirmed rumors now buzzing the art world place this 4” x 8” "drip" painting by Jackson Pollock as the most expensive painting ever sold, though the $140 million price tag has still not been confirmed (but also not denied). The sale price demonstrates not only the strength of the art market, but also the increasing interest for contemporary works of art.









Jackson Pollock, "Number 5" 1948.

2. WILLEM DE KOONING: "Woman III", 1952-53

$137.5 million

Private sale, 2006. Seller: David Geffen. Buyer: Steven Cohen


Pollock’s in first place, De Kooning in second. The immediate conclusion is that American abstract expressionism has replaced impressionism as the most sought-after art period. This painting is the only "Woman" by Willem de Kooning still in private hands.









Willem de Kooning "Woman III" 1952-53.

3. GUSTAV KLIMT: "Adele Bloch-Bauer I", 1907

$135 million

Private sale, 2006. Buyer: Ronald Lauder.


The acquisition of this iconic work by cosmetic magnate Ronald Lauder caused a shock in the art world, not only for the spectacular sum paid for it, but also for the way it was sold - far away from the noisy auction houses. The painting was part of a group of five canvases recently returned to the heirs of Ferdinand Bloch-Bauer following a court order by the Austrian government, ending a years-long dispute. His paintings were seized by the Nazis during World War II, and after the war, the canvases were placed in the National Gallery of Austria in 1948.









Adele Bloch-Bauer I, sold for a record $135 million in 2006. Neue Galerie, New York.

4. PABLO PICASSO: "Garçon a la pipe", 1904

$104.1 million

Sotheby's New York, May 4th 2004. Buyer: anonymous


The sale of this young smoker was a landmark in the auction world. First, it's still the most expensive painting ever sold at auction (the others were private sales). But it also broke the record that Vincent van Gogh held since 1990, and it was the first time that the $100 million barrier was broken. The record price was a bit of a surprise to art buyers, since it was painted in the style not usually associated with the pioneering Cubist artist. Although the name of the buyer was not revealed, some sources says that it could be Guido Barilla, the Italian pasta magnate.


Garçon à la Pipe was created during the artist's famous Rose Period, during which Picasso painted with a positive orange and pink palette. The oil on canvas painting, (slightly over 39 × 32 inches), depicts a Parisian boy holding a pipe in his left hand.









Picasso painted Garcon a la Pipe when he was 24!

5. PABLO PICASSO: "Dora Maar au chat", 1941

$95.2 million

Sotheby's New York, May 2006. Buyer: anonymous


Another big surprise followed in 2006, when this painting near doubled its presale estimate and fetched a record $95,200,000 at auction at Sotheby's on May 3, 2006.

Painted in 1941, Picasso's controversial portrait (one of his last) is sometimes described as an unbecoming depiction of his mistress, Dora Maar, who was an artist/photographer. Dora Maar (1907-1997) met Picasso in 1930, and their relationship lasted until 1946. Maar was one of Picasso's favorite models. This painting, measuring 130- 97cm, was recently rediscovered and authenticated by Picasso's daughter, Maya Widmaier Picasso.









Dora Maar au Chat by Pablo Picasso - is sometimes described as an unbecoming depiction of his mistress.

6. GUSTAV KLIMT: "Adele Bloch-bauer II ", 1912

$87.9 million

Christie's New York, November 2006. Buyer: unknown


Sold only a few months after Klimt's first version of Adele, this extremely appealing canvas was the star lot in a highly successful auction in which four works by Klimt -including this- totaled a spectacular $192 million.









Gustav Klimt, Adele Bloch-Bauer II, 1912. Oil on canvas.

7. VINCENT VAN GOGH: "Portrait of Doctor Gachet", 1890

$82.5 million

Christie's New York, May 1990. Buyer: Ryoei Saito


This painting by the Dutch Impressionist master Vincent van Gogh suddenly became world-famous when Japanese businessman Ryoei Saito paid $82.5 million for it at auction in Christie's, New York during the “Japanese Art Boom” of the late 80’s and early 90’s. Saito was so attached to the painting that he wanted it to be cremated with him when he died. Saito died in 1996 ... but the painting was saved. The whereabouts of the painting are now unknown. Some sources places it in Europe, waiting for its return to the Art market.



Vincent van Gogh actually painted two versions of Dr Gachet's portrait. You can view the other version, with a slightly different color scheme, at the Musée d'Orsay in Paris.









Portrait of Dr. Gachet (1st version), 1890, Oil on canvas

67 × 56 cm, 23.4 × 22.0 in

8. JASPER JOHNS: "False Start", 1959

$80 million

Private sale, Autumn 2006. Buyer: Unknown


This iconic work by Johns, sold by David Geffen, is the third highest price ever paid for work by a contemporary artist.









False Start, 1959, Oil on canvas

9. PIERRE AUGUSTE RENOIR: "Le moulin de la Galette", 1876

$78.1 million

Sotheby's New York, May 17th 1990. Buyer: Ryoei Saito


Bal au moulin de la Galette, Montmartre was painted by French artist Pierre-Auguste Renoir in 1876. This masterpiece is the little sister of the version now in the Orsay. It was bought by Ryoei Saito for $78.1 million at Sotheby's in 1990, and sold in 1997 to a "European private collector" for $50 million.









Sold in 1997 to a "European private collector" for $50 million.

10. PETER PAUL RUBENS: "Massacre of the innocents", 1611/12

$76.7 million (£49.5 million)

Sotheby's London, July 2002. Buyer: Kenneth Thompson


This painting by Peter Paul Rubens, painted in 1611, is the only painting in this list which was not painted in the 19th or 20th century. The flamboyant and dramatic work by Rubens could also fight for the title of "most unexpected success": Christie's had estimated its price at a mere £5 million. It was sold to Kenneth Thomson, 2nd Baron Thomson of Fleet for $76,700,000 at a 2002 Sotheby's auction









Massacre of the Innocents, 1611

OTHER PRICES OVER $50 MILLION:


Mark Rothko: "White center (yellow, pink...)",1889- $72.8 million (2007)

Mark Rothko's fabulous "White center (yellow, pink and lavender on rose)" -once in the collection of David Rockefeller, was sold at Sotheby's New York for more than $72 million, making it the most expensive contemporary art work ever sold at auction.


Andy Warhol: "Green Car Crash (Green Burning Car)", 1963 - $71.7 million (2007)

Sold two days after the work above in a record $384 million sale of contemporary art, it thrashed the previous record for a Warhol ($17 million).


Vincent van Gogh: "Portrait of the artiste sans barbe", 1889- $71.5 million (1998)

Portrait de l'artiste sans barbe ("Self-portrait without beard") is one of many self-portraits by Dutch painter Vincent van Gogh. He painted this one in Saint-Rémy-de-Provence, France in September 1889. The painting is an oil painting on canvas (16" x 13").

This is an uncommon painting since his other self-portraits show him with a beard. The self-portrait became one of the most expensive paintings of all time when it was sold for $71.5 million in 1998 in New York, representing an extraordinary success -the auction house had estimated it at less than a half of its final price.


Titian: "Portrait of Alfonso d'Avalos", 1533 - $70 million (2004)

A sum never confirmed, but also never denied, by its buyer, the Getty Museum. The magnificent painting was exhibited for many years in the Louvre Museum.


Thomas Eakins: "The Gross clinic", 1875 - $68 million (2006)

The painting, previously in the Thomas Jefferson University, was purchased in November 2006 by the National Gallery of Washington, setting a record for a 19th-century American painting.


Willem de Kooning: "Police Gazette ", 1955 - $63 million (2006)

Bought by Steven Cohen, one of the leading collectors in today’s art market.


Paul Cezanne: "Rideau, crouchon et compotier", 1893/94 - $60.5 million (1999)

This painting by Paul Cézanne, painted in ca. 1893-1894, sold for $60,500,000 at Sotheby's New York on May 10, 1999 to "The Whitneys". Whitney, born into one of America's wealthiest families, was a venture capitalist, publisher, Broadway show and Hollywood film producer, and philanthropist.


Vincent van Gogh: "Wheat field with cypresses", 1889 - $57 million (1993)

The price is really spectacular if we consider that it was paid in 1993, in the middle of a recession. The philanthropic Walter Annenberg lent the work to the Metropolitan Museum shortly afterwards.


Pablo Picasso: "Femme aux bras croisés", 1904 - $55 million (2000)

This work, painted in 1901, was a part of Picasso's famous Blue Period, a dark, sad time in the artist's life. The beautiful & various tones of blue are typical. The painting depicts a woman with her arms crossed staring at the endless nothing. Femme aux Bras Croisés was sold for $55,000,000 November 8, 2000, at Christie's Rockefeller in New York City.


Vincent van Gogh: "Irises", 1888 - $53.9 million (1991)

Vincent van Gogh painted this at Saint Paul-de-Mausole in Saint-Rémy-de-Provence, France in 1889, only one year before his death. In 1987, it became the most expensive painting sold at that time. It was sold for $ 54,000,000 to Alan Bond and later resold to the Getty Museum.


Francis Bacon: "Study for Innocent X", 1962 - $52.7 million (2007)

Sold at the same auction in which Mark Rothko's "White center (yellow, pink and lavender on rose)" went for $72.8 million.


Pablo Picasso: "Les noces de Pierrette", 1904 - $51.9 million (1989)

Picasso Car!

Have you ever wondered what a car designed by Picasso would look like? It may look something like this…





Andy Saunders, a 44-year-old mechanic from Poole, Dorset, spent six months turning an aged Citroen 2CV into a cubist work of art inspired by Picasso's Portrait of Dora Maar. Dora Maar was Picasso’s mistress and artistic companion in the late 1930’s and early 1940’s. Maar’s influence on the artist resulted in some of the most daring and most renowned portraits of his career.



"I decided to blur the line between car design and art by using Picasso as inspiration,” said Mr. Saunders. "I studied Picasso and noticed that he used mainly primary colors and I've stuck with that for the car.”


Mr Saunders is to launch his creation publicly at this weekend's Goodwood Festival of Speed. He says it is legally roadworthy for daytime use only, meaning it does not need traditional headlights or indicators because signals can be made with the hands.


He added: "I made all the new parts and have distorted the whole car so the more you look at it the more peculiar it becomes. It hasn't lost any of its speed - it can still reach 65mph. Eventually I hope to sell it and maybe it will be bought by the Tate Gallery or the Pompidou Centre in Paris. It's hard to put a value on it now, but as it's a work of art I reckon it might sell for about a million pounds. However, if museums or art collectors won't buy it, I think I might have to stick it in Auto Trader."

Jean Claude Picot Artwork - FREE!

What better way to introduce art enthusiasts to the wonderful world of art collecting and art appreciation than to give away FREE artwork. For a limited time only, ArtRev.com is giving away limited edition lithographs by world famous artist, Jean-Claude Picot. This special offer is valid for a very limited time, while supplies last. This exclusive offer is available through April 30th, 2008, while supplies last. Hurry and secure your FREE Picot artwork today.


All you have to do is add (1) one artwork to your shopping cart and proceed with the checkout process - it's that simple! The same artwork has been sold in Art Galleries, Frame Shops, and even Art Auctions for approx. $200, and it is your FREE, you just pay shipping.


Offer Terms & Conditions: Offer is valid while supplies last. Limited to one artwork per household. Certificate of Authenticity is included at no charge. Customer is responsible for all shipping and handling charges. Artwork is unframed & unmatted, unless framed by customer for an additional charge. This offer is valid until April 30th, 2008 - 11:59:59 PM.


Get Your Free Artwork NOW!

La Promenade by Jean-Claude Picot - Get it FREE NOW!

The World of Artists

What a better way to decorate you home or office with fine art by world renowned artists?!! Here is a list of artists that ArtRev.com carries.

Adriana Naveh

Alan Hayes

Alan Hunt

Alan Ingham

Alessandro Botticelli

Alex Pauker

Alex Perez

Alexander Archipenko

Alexander Astahov

Alexander Borewko

Alexander Calder

Alexander Chen

Alexander Ivanov

Alexander Millar

Alexandra Nechita

Alfred Alexander Gockel

Alicia Quaini

Allan Mardon

Allen Friedman

Alwen Harris

Amedeo Modigliani

Amy Lynn

Anatole Krasnyansky

Andrew Bone

Andrew Warden

Andy Craig

Andy Warhol

Anna Chromy

Anna Thornhill

Ari Gradus

Arshile Gorky

Arthur Seiden

Ashot

Avi Ben-Simhon

B.H. Brody

Barbara James

Berit Kruger-Johnsen

Bernard Oulie

Beryl Cook

Bill Mack

Bindi Harris

Bogdan Grom

Bracha Guy

Brian Jarvi

Bruce McKay

Calman Shemi

Camille Pissaro

Carlo Beninati

Carol Matyia-Ross

Caroline Schultz

Caroline Shotton

Cecil Rice

Cecil Smith

Cecilia Garcia Amaro

Chad Coleman

Chaim Goldberg

Chaim Gross

Charles Bragg

Charles Chamot

Charles Duback

Charles Fazzino

Charles Magistro

Charles Pabst

Chris Hill

Chris Parsons

Christian Daniel

Clarence Holbrook Carter

Claude Monet

Csaba Markus

Dani Bergson

Daniel Riberzani

Daphne Mumford

David Azuz

David Cain

David Dodsworth

David Freeman

David LaChapelle

David Schluss

Dean Kendrick

Debbie Gillingham

Deborah Crone

Debra Stroud

Dennis Paul Noyer

Dion Salvador Lloyd

Domenech

Dorit Levi

Doug London

Douglas Hofmann

Drew Darcy

Duaiv

Duane Bryers

Edgar Degas

Edouard Manet

Eduardo Faradje

Edvard Munch

Edward Hopper

Edward Plunkett

Elaine Jones

Elizabeth Lennard

Elke Sommer

Ellsworth Kelly

Eric Christensen

Ernest Walbourn

Erte

Everett Hibbard

Evgeni Chekrygin

Fabian Perez

Fanch Ledan

Felix Mas

Ferdie Pacheco

Ferjo

Fernand Leger

Fernando Botero

Fioravanti

Ford Smith

Francois Fressinier

Frane Mlinar

Frank Jenson

Fred Fieber

Frederic Remington

Gary Benfield

Gary Longordo

Ged Mitchell

George Braque

George Chemeche

Georges Seurat

Gholam Yunessi

Giancarlo Impiglia

Gina Lombardi

Gisela Isabella Fabian

Gloria Marojevic

Goli Mahallati

Gordon King

Govinder Nazran

Graciela Rodo Boulanger

Grant Wood

Gustav Klimt

Guy Begin

Hamada

Hamish Blakely

Hans Hofmann

Harry McCormick

Harry Schaare

Hazel Soan

Helen Covensky

Helen Hayse

Helen Rundell

Henri de Toulouse-Lautrec

Henri Matisse

Henri Rousseau

Henry Asencio

Henry Gorski

Henry Koehler

Hessam Abrishami

Holland Berkley

Howard Koslow

Hua Chen

Ibanez

Igor Kovalev

Igor Medvedev

Ion Plubeu

Isaac Abrams

Isaac Kahn

Isaac Maimon

Itzchak Tarkay

J. C. Leyendecker

Jack Brusca

Jack Hofflander

Jackson Pollock

Jacqueline Fogel

James Coleman

James Gill

Jan Vermeer

Jane Bazinet

Jane Wooster Scott

Janet Treby

Jasper Johns

Jean Claude Maas

Jean de Brunhoff

Jean-Claude Picot

Jeaneen Barnhart

Jeff Cornell

Jennine Parker

Jeremy Barlow

Jeremy Sanders

Jim Jonson

Joan Melnick

Joan Miro

Joan Somerville

Joel Thompson

John Alvin

John Bond

John Duillo

John Meyer

John Silver

John Steuart Curry

John Waterhouse

John Wilson

Jon Carsman

Jorge Tarallo

Joseph Vance

Joy Kirton-Smith

Juan Noel

Julia Ogden

Julian Askins

KAT

Kazimir Malevich

Kelly Jane

Kevin Dixon

Kevin Slingsby

Kim Donaldson

Knox Martin

Laura Bowman

Lauri Blank

Lawrence Coulson

Lenner Gogli

Leonardo da Vinci

Leroy Neiman

Leslie Lew

Levi Dorit

Leviels

Linda Bastian

Linda Jane Smith

Linda Le Kinff

Linda Ravenscroft

Lorenzo Quinn

Louis Robichaud

Lowell Nesbitt

Lucelle Raad

Lucien Pissarro

Luis Luque

Lynn Poland

Mackenzie Thorpe

Malcolm Farley

Mandie Haywood

Marc Chagall

Marcel Mouly

Marcus Bohne

Marion McClanahan

Marisol Escobar

Mark Godwin

Mark Holland-Hicken

Mark King

Mark Rothko

Mark Spain

Martin Barooshian

Martin Eichinger

Martin Roberts

Marvel Comics

Matthew Craven

Max Beckmann

Maxfield Parrish

Maxim Lipzer

Maya Eventov

Melissa Mailer-Yates

Mersad Berber

Michael and Inessa Garmash

Michael Flohr

Michael Jackson

Michelangelo Buonarroti

Miguel Avateneo

Miguel Perez

Mihail Chemiakin

Nadeem Chughtai

Nati Peralbo

Nel Whatmore

Nicholas Krushenick

Nick Andrew

Nicola Read

Nicola Simbari

Nina Paull

Nina Rose

Noel Daggett

Norman Rockwell

Oleg Zhivetin

Pablo Picasso

Paine Proffit

Patricia Govezensky

Paul Cézanne

Paul Gauguin

Paul Horton

Paul James

Paul Jansen

Paul Kavanagh

Paul Powis

Paula McArdle

Paulémile Pissarro

Peter Fellows

Peter Hildick

Peter Keating

Peter Max

Peter Nixon

Peter Smith

Philippe Noyer

Phillip Stuttard

Pierre Auguste Renoir

Pierre Bonnard

Pierre Clerk

Pietro Adamo

Pino

Rafael Leva

Rainer Gross

Rajinder

Rembrandt

Remo Farruggio

Rene Magritte

Reuben Colley

Richard Karwoski

Richard Nahmias

Rina Schiller

Rob Ford

Robert Anderson

Robert Beauchamp

Robert Deyber

Robert Heindel

Roberta Peck

Roberto Carbone

Rochelle Steiner

Rockwell Smith

Rolf Harris

Romero Britto

Ron Lim

Ronnie Wood

Roy Fairchild

Roy Lichtenstein

Roy Tonkin

Royo

Sabina Teichman

Sam Shendi

Sami Zilkha

Sarah Jane Szikora

Scott Jacobs

Sebastia Boada

Sebastian Kruger

Sergey Ignatenko

Sergey Kovrigo

Sergio Mooro

Sergon

Sheryl Finnegan

Sidney Randolph Maurer

Simbari

Simon Claridge

Sir Winston Churchill

Stephen Holland

Steve Barton

Steve Burgess

Steve Johnston

Steve Winterburn

Stuart Davis

Sue Guthrie

Sung Sam Park

Sveta Esser

Tamara Lempicka

Terri Hallman

Terry Donnelly

Thomas Hart Benton

Thomas Kinkade

Tomar Levine

Tomasz Rut

Toni Goffe

Tony Bechara

Tony Forrest

Tony Smith

Trudy Good

Tzvi Ben-Aritz

Unknown Artist (NA)

Vic Herman

Vicente Dopico-Lerner

Victor Ostrovsky

Victor Shvaiko

Victor Vasarely

Vincent van Gogh

Vladimir Volegov

W. Eddie

Walt Disney

Warner Brothers

Wassily Kandinsky

Wayne Ensrud

Wendy Corbett

Willem de Kooning

William Taggart

Willy Pogany

Wong

Wu Ching-Ju

Wyland

Yaacov Agam

Yuri Shiller

Yuroz

Zamy Steynovitz

Zerner

Zheng Li

Digital art - a medium on the rise!

Digital Art is rapidly becoming a very popular medium due to advances in technology and the availability and popularity of drawing, painting, and pixel manipulation software. Digital Art is simply art created on a computer device in digital or electronic format and has become an accepted medium on the world's art scene. Digital Art can be purely computer-generated, such as geometric shapes, or taken from another source, such as a photograph, or an image drawn using vector graphics software using a mouse or drawing tablet. Digital Art is like any other art form. The artist utilizes both artistic and advanced computer skills to generate fine art and artistic expression. Digital Art can be static or interactive. It can incorporate motion, sound, and other media. The output of digital art is not constricted to a canvas or paper, it can be a digital display or it can be mixed with other media. In the world of digital art, the word artist and designer usually mean the creator of the art work.


Digital Art can be categorized into three basic categories: digital painting, digital photography, and drawing. There are several subcategories and the artist can combine any and all to create their own unique vision.


Digital Painting: The artist creates two or three-dimentional images totally in the computer virtual environment with the use of painting tools that emulate natural media styles. Atmospheric perspective can be easily used to create the illusion of depth or distance. Painting programs such as Corel Painter™ are highly sophisticated painting software that require both advanced computer skill and artistic talent. Such programs are widely used by professional artists, photographers, and commercial designers. Digital Collages is most commonly achieved by the use of layering techniques in image editing and paint software. The artist may also use unique images to produce images that the human eye does not normally see, which expands the realm of perception.









Example: Corel Painter™


Digital Photograph: The artist uses a digital or conventional camera. The photographs are then digitized and transferred to a computer environment where the artist uses image editing and special effects software such as Adobe Photoshop™ to perform darkroom type manipulations. Painting software can also be used to go beyond dark room techniques and create hand-painted works of art from photographs.









Example: Adobe Photoshop™


Digital Drawing: The artist uses vector drawing software such as Adobe Illustrator™ and creates the image totally in the virtual environment. This makes use of shapes which are outlined and can be filled with various colors and patterns. This tends to produce a harder edged or graphic look. Vector graphics are considered scalable graphics and do not lose quality when scaled up or down. Notable for their small file sizes and scalability, vector graphics are defined by sets of mathematical points.









Example: Adobe Illustrator ™


Mixed-Media: This is the "mixed media" of the digital art world. Artists combine any number of the techniques to achieve unique results. The digital environment is much less restricted than conventional media in this type of integration and manipulation.


Digital Art creations destined for screen or print display are made of tiny digital dots called pixels. A Pixel is short for Picture Element, which is the smallest unit (point) of an image displayed on screen. The quality of an image depends on the number of pixels per inch (DPI - Dots Per Inch) that make up the image.









72 Vs. 300 DPI Illustration

Top museums you must visit

1- The Louvre in Paris is arguably the world's most famous Museum. It houses a wonderful collection of antiquities and European paintings, including Leonardo's Gioconda (Mona Lisa) and Madonna of the Rocks, Jacques Louis David's Oath of the Horatii, Delacroix's Liberty Leading the People and Alexandros of Antioch's Venus de Milo.


2- The Metropolitan Museum of Art (known as the Met) in New York was designated a National Historic Landmark in 1986. Its spectacular permanent collection contains more than two million works of art and is especially strong in American painting and Egyptian Antiquities. The museum owns thirty-seven paintings by Monet, twenty-one oils by Cezanne, and eighteen Rembrandts. Other highlights include major drawings by Michelangelo and Leonardo da Vinci, etchings by Durer and Degas, Van Gogh's Self-Portrait with a Straw Hat, Picasso's portrait of Gertrude Stein, Jasper Johns's White Flag, Jackson Pollock's Autumn Rhythm (Number 30), and five paintings by Vermeer, which represent the largest collection of the artist's work anywhere in the world.


3- The British Museum in London is England's greatest museum and one of the best in the world for Ancient Arts and antiquities. There are magnificent groups of drawings by Leonardo da Vinci, Raphael, Michelangelo, (including his only surviving full-scale cartoon), Dürer (a collection of 138 drawings is one of the finest in existence), Peter Paul Rubens, Rembrandt, Claude and Watteau, and virtually complete collections of the works of all the great printmakers including unsurpassed holdings of prints by Dürer (99 engravings, 6 etchings and a substantial number of his 346 woodcuts), Rembrandt and Goya.


4- The Vatican Museums houses the immense and outstanding art collection of the Catholic Church. Pope Julius II founded the museums in the 16th century. The collection includes some of the most important works of art in history, such as the Sistine Chapel and Raphael's The School of Athens.


5- The Hermitage Museum in Saint Petersburg, Russia is one of the largest museums in the world, with 3 million works of art (not all on display at once), and one of the oldest art galleries and museums of human history and culture in the world. Catherine the Great started the famed collection in 1764. The vast Hermitage collections are displayed in six buildings, the main one being the Winter Palace which used to be the official residence of the Russian Tsars. The Hermitage holds the Guinness World Record as having the world's largest collection of paintings. Highlights include works by Michelangelo, Leonardo da Vinci, Rubens, Rembrandt, Canaletto, Rodin, Monet, Pissarro, Renoir, Cézanne, van Gogh (Night Café), Gauguin, Picasso, and Matisse (La Danse).


6- The Kunsthistorisches Museum in Vienna is one of the premier museums in the world. It houses an important collection of Egyptian, Greek and Roman antiquities, and an outstanding collection of European paintings, including Infanta Margarita Teresa in a Blue Dress by Velázquez.


7- The National Gallery of London, founded in 1824, houses a rich collection of over 2,300 paintings dating from the mid-13th century to 1900. It is arguably the most complete collection of European painting from the 13th to the 19th centuries. Vincent van Gogh’s Sunflowers is one of many collection highlights.


8- The Museum of Modern Art (MOMA) in New York houses the world's best collection of modern and contemporary art, featuring masterworks such as Picasso's Demoiselles d'Avignon, Van Gogh's Starry Night, Dali’s The Persistence of Memory, Andy Warhols’ Campbell’s Soup Cans and Monet’s Water Lilies. It was developed in 1928 primarily by Abby Aldrich Rockefeller.


9- Museé d'Orsay in Paris is without doubt the best museum of impressionist and 19th century French painting in the world. Features masterworks include Manet’s Olympia and Luncheon on the Grass, Monet’s Rouen Cathedral, van Gogh’s Starry Night, Renoir’s Bal au Moulin de la Galette and Degas’ L’Absinthe.


10- The Egyptian Museum in Cairo is by far the most complete collection of Egyptian Art in the world. Its most famous artworks are the objects from the Tomb of Tutankhamen, discovered in 1922.


11- El Museo del Prado (Prado Museum) has one of the world's finest collections of European art, from the 12th century through the early 19th century, based on the former Spanish Royal Collection. The Prado features works by leading Spanish old masters like Velazquez and Goya. It is home to Las Meninas by Velazquez and once housed Pablo Picasso’s masterpiuece, Guernica.


12- The Uffizi, housed in the Palazzo degli Uffizi, a palazzo in Florence, Italy, is the most important collection of Italian Renaissance painting. It is home to works such as Botticelli's Birth of Venus and Primavera and Giotto's Ognissanti Madonna.


13- The Museum of Fine Arts, Boston is one of the oldest and most respected Art institutions of North America, with an outstanding collection of Western Art. It has a sister museum in Japan, the Nagoya Boston Museum of Fine Arts. The Morse collection of 5,000 pieces of Japanese pottery, is part of the largest museum collection of Japanese works outside of Japan. The museum is also home to Gauguin’s iconic work "Where Do We Come From? What Are We? Where Are We Going?"


14- The Rijksmuseum in Amsterdam is Netherlands National Museum. As you can expect, it houses the world's most important collection of Dutch painting, including its star piece, Rembrandt's "The Nightwatch"


15- The National Gallery of Washington features an extremely complete collection of Western painting from the 13th to the 20th century. Highlights of the collection include many paintings by Jan Vermeer, Rembrandt van Rijn, Claude Monet, Vincent Van Gogh, Leonardo da Vinci, Pablo Picasso, Henri Matisse, Jackson Pollock, Andy Warhol, Roy Lichtenstein and Alexander Calder.


16- The Guggenheim Museum in New York was designed by the famous architect Frank Lloyd Wright. The Guggenheim Foundation also has important galleries in Bilbao, Venice, Berlin and Las Vegas.


17- The Tate Modern in London is arguably the most important collection of modern and contemporary art in Europe. It houses pivotal works of artists such as Lichstentein, Pollock, Rothko, Warhol and Francis Bacon


18- The Centre Georges Pompidou in Paris is France's national museum for modern and contemporary art, housed in an important contemporary building by Rogers and Renzo Piano.


19- The Art Institute of Chicago houses one of the most outstanding collections of Impressionist and American art, featuring masterpieces such as Seurat's Sunday Afternoon on the Island of La Grande Jatte, Van Gogh’s Bedroom in Arles and Edward Hopper’s Nighthawks.


20- The Getty Center in Malibu, California is arguably the world's wealthiest Museum, with an important collection of European antiquities, paintings, and manuscripts. Works exhibited includes Van Gogh's Irises and Titian's Alfonso d'Avalos.

Romero Britto Mania

Damien Hirst’s art continues to grab attention with the sale of a life-size human skull entitled “For the Love of God”. It is cast in platinum and encased entirely in 8,601 diamonds and was recently sold to a private investment group for $100 million. This record makes it both the highest selling work of art by a living artist and the most expensive work of art ever created, costing approximately $20 million. The 50-carat diamond in the center of the forehead cost in the region of $4 million.


It is certainly the biggest single undertaking by a jeweller since the Crown jewels. Hirst, 40, who was recently ranked as the most powerful individual in the contemporary art world by Art Review magazine and is reputedly worth in the region of £100m, is said to have financed the project himslef.


Why is he doing it? Hirst says, “I've always adhered to the principle that the simplest ideas are the best, and this will be the ultimate two fingers up to death. I want people to see it and be astounded. I want them to gasp.” But what if public reaction thinks it is more bling than breathtaking? “If it's vulgar, I'll put it on a chain and hang it round my neck - or I'll stick it on the mantelpiece.”


“I just want to celebrate life by saying to hell with death,” Hirst said, “What better way of saying that than by taking the ultimate symbol of death and covering it in the ultimate symbol of luxury, desire and decadence? The only part of the original skull that will remain will be the teeth. You need that grotesque element for it to work as a piece of art. God is in the details and all that.”


Hirst will oversee a global tour, which brings the security question to mind. “The demands of the insurance company will dictate the level of security”, said Hirst's business adviser, Frank Dunphy. “But with a unique project like this you're talking about the kind of security more synonymous with an international airport than an art gallery.”


Hirst’s auction record of $19.1 million - the highest for a living artist at auction - was set in June at Sotheby's, when a telephone bidder bought a pill cabinet entitled “Lullaby Spring”.

Art Theft

Art theft is a booming business. According to the FBI, it is the third most lucrative international criminal operation after the illegal drugs and weapons trade. It is estimated to be worth approximately £3bn a year and this figure will continue to increase as the art market soars.

Movies like The Thomas Crown Affair have glamorized the theft of art, painting (excuse the pun) these criminals as harmless sophisticates who enjoy the thrill of outwitting authorities for fun. The reality is seedy and violent, often ending with the destruction or disappearance of irreplaceable pieces of history.


According to the Art Loss Register, a London-based organization that keeps a record of stolen art work, there are more than 7,500 works missing, including 572 Picassos, making Picasso the most sought after name by criminals. Other names in the top 10 include Miro, Dali, Warhol and Matisse.


Many works by these artists are world famous and easily recognizable, so how do thieves offload these works without arousing suspicion?


According to Julian Radcliffe of the Art Loss Register, there are a number of options. Thieves may patiently hold on to the painting for a decade or more in the hope that it will be forgotten about, willing to get their payoff years later. Or the art may move through an underground network, gradually increasing in value, before being slipped back onto the legitimate market. If it stays in the underworld, it can be used as collateral for international drug deals or other criminal activity as it is easier to slip past unknowing customs officials than money. In this scenario, it can pass through the hands of numerous criminals before being sold to an unwitting legitimate collector or dealer.


Norman Rockwell’s oil, “Russian Schoolroom”, was stolen from a Missouri gallery in 1973. In 2004, The FBI's Art Crime Team found out that the piece had been for sale at a New York Rockwell exhibition 15 years earlier and posted a picture and description of the painting on its art recovery web site. It turned out be in the collection of non other than Steven Spielberg. Spielberg had purchased it from a legitimate dealer in1989 for $200,000. Apparently the painting was auctioned in New Orleans in 1988, but it has yet to be determined who took the painting or its whereabouts from 1973 to 1988. Spielberg has maintained possession of the art work until courts can determine the rightful owner.


The other option is for thieves to try and ransom the art back to the museum or even the insurance company, who would rather get art back at a fraction of its original price than pay the owner its insured value.


But it could be years - or never - before the thief sees even a small payoff. "Our database makes it a lot more difficult to put works back on the market after a long time because we never take a work off the list," Mr Radcliffe said. "Seven works stolen in the USA in 1978, including a Cézanne, were all recovered by 2006. If used as collateral on drug deals, however, only a fraction of their true value is realized. Ransoms are rarely successful because there needs to be a pick-up and with intelligence nowadays the police often catch the thieves."


"Only 15 to 30 percent of high value paintings are recovered," Mr Radcliffe said. Most stolen art works are the more untraceable antiques and minor paintings stolen from stately homes, of which only 1 percent or so are recovered.


There have been numerous high profile art heists recently, including the theft of four paintings by Cézanne, Degas, Van Gogh and Monet, worth £82m, from the Emil Buehrle museum in Zurich. Only three days before that, two Picasso’s were stolen from an exhibition in Pfaeffikon, Switzerland.


These people are among the worst kind of criminal – denying the public their right to enjoy art that is a historic legacy that belongs to all of us.

40 Million Dollar Elbow!

Steve Wynn, the casino magnate and collector of masterpieces, is the owner of “Le Rêve,” Picasso’s 1932 portrait of his mistress, Marie-Thérèse Walter. It is his favorite painting and which the show at Wynn Las Vegas is named after (he even considered naming the casino and hotel “Le Reve”, which means “The Dream”). He acquired it in a private sale in 2001 from an anonymous collector, who had bought it at auction in 1997 for $48.4 million.


Recently, Wynn decided to sell it and executed a deal to sell it to billionaire collector Steven Cohen for $139 million. Wynn's deal with Cohen would have been $4 million higher than the $135 million that cosmetics magnate Ronald Lauder paid in July for Gustav Klimt's 1907 portrait, "Adele Bloch-Bauer I."

The deal was finalized with just the actual exchange of money and art to go, when Wynn accidentally tore a 2 inch gash in the surface of the painting while showing it to friends, David and Mary Boies, Nora Ephron and Nick Pileggi, Louise Grunwald, and Barbara Walters.

Wynn suffers from an eye disease, retinitis pigmentosa, which affects his peripheral vision and therefore, occasionally, his interaction with proximate objects. Without realizing it, he backed up a step or two as he talked about the piece, “So then I made a gesture with my right hand,” Wynn said, “and my right elbow hit the picture. It punctured the picture.”

There was a distinct ripping sound. Wynn turned around and saw, on Marie-Thérèse Walter’s left forearm, in the lower-right quadrant of the painting, “a slight puncture, a two-inch tear. We all just stopped. I said, ‘I can’t believe I just did that. Oh, sh*t. Oh, man.’”

"The blood drained out of their faces," Wynn said of his guests. He told them, “Well, I’m glad I did it and not you,” before resuming talking about the provenance of his paintings.

Once word of the calamity was leaked, Steve Cohen agreed that the deal was off until the full extent of the damage could be ascertained. Wynn said it could cost up to $85,000 to repair the damage. Wynn’s wife, Elaine, considered it an omen to not part with the painting and said, “I consider this whole thing to be a sign of fate. Please don’t sell the picture.” Later, Wynn called Cohen and told him that he wanted to keep the painting, after all.

"Now the argument is over diminution of value," Wynn said.

"This is an interesting situation," Jerome Bengis, an art dealer and appraiser, said in an interview from his office in Coral Springs, Florida.

"A restored piece naturally is not worth full value," said Bengis, a member of the International Society of Appraisers. "Usually when you have a unique, very expensive piece like this at this level, you value it for a percentage loss. But I doubt anyone can put a percentage on it as to what the value is."

Wynn said he had filed a loss claim with the insurer of the art work, Lloyd's of London, but declined to provide specifics.

"For insurance purposes, we're keeping our mouths shut," Wynn said.

Wynn said he has declined many requests to talk about the mishap until now.

"Talking about it too much would be bad taste," Wynn said.

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