Sotheby's And Christie's: A Rollercoaster Week For NY's Autumn Auctions
Sotheby's Emily Fisher Landau Collection triumphs in an expectation-setting selective Market, while Christie's 21st Century sale struggles.
Source: artlyst.com
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Cézanne artworks: Swiss museum sells three Cézanne artworks for $52.5 mn amid financial crisis
The move, criticised by some, was deemed necessary by the museum's foundation to prevent insolvency. Markus Stegmann, the museum director, announced that after deducting buyer's fees, the foundation would receive approximately 42.3 million Swiss francs ($46.9 million), securing the museum's future through the creation of an endowment.
Source: indiatimes.com
Amid Criticism, a Museum Says It Must Sell Its Cézannes to Survive
Critics say it is violating industry guidelines by selling the works, but the Museum Langmatt in Switzerland said it must do so to avoid insolvency.
Source: nytimes.com
Christie's Has Brokered a Deal to Sell a Prized Cézanne After Last-Minute Concerns About Its Nazi-Era Provenance
Christie's reached a restitution settlement for a Paul Cézanne sold under duress in 1933 now being auctioned by Switzerland's Museum Langmatt
Source: artnet.com
Cézanne Painting In Christie's Sale Subject to Restitution Agreement – ARTnews.com
During presale provenance research for Christie's, evidence was found that the Langmatt Museum's Cezanne painting may have been sold under duress.
Source: artnews.com