#Guaranteed #Sales Fuel the #Art Market

#Christie’s and #Sotheby’s increasingly are lining up third-party guarantors, sophisticated financial players, to minimize their own risk at #auction.

https://www.bloomberg.com/news/articles/2017-12-20/guaranteed-sales-fuel-the-art-market

Check out remnants of the Diego Voci #Estate owned by Helga Voci, Diego’s widow.:

DVP.com Acquire Graphics Printscreen 31 DEC 2017

Purchase Prices are in EUROs

https://www.diegovociproject.com/acquire-graphics-shopping

DVP.com Acquire Originals Printscreen 31 DEC 2017

https://www.diegovociproject.com/acquire-originals

 

PICASSO! GAUGUIN! WAS BUYER OVERCHARGED?

YOU, YES YOU ARE THE JURY!!

“Joueur de flute et femme nue” (1970) by Pablo Picasso

A Russian Oligarch bought 2 Billion dollars of artworks including Klimt, Picasso, Gauguin, Rothko, da Vinci and more.  He is claiming in court he was overcharged! One of the art pieces he bought was just sold for over $400 million!

You may see and evaluate his collection at https://www.bloomberg.com/news/features/2017-02-23/a-100-million-mystery-a-russian-his-art-and-his-big-losses