PWsub12012
 
FA-MAG
Arts and Culture
 
Christie’s Sales Surge 9% On Warhol, Picasso
Wednesday, 01 February 2012
Christie’s International said there was a surge in demand for contemporary art as an investment, after its sales climbed 9 percent in 2011.
 
Art Investors Lured By Fund's 12% Return Offer
Tuesday, 24 January 2012
Investors are being invited to join a European-based group that plans to buy about $80 million worth of art and forecasts annual returns of 12 percent.
 
Audubon’s 'Birds Of America’ Fetches $7.9 Million At Christie’s
Friday, 20 January 2012
A complete first edition of John James Audubon’s “The Birds of America” fetched $7.9 million at Christie’s today, just above the low presale estimate and far shy of a record.
 
Cartier Turns To More Discreet Watches To Assuage Guilt
Monday, 16 January 2012
Cartier says it’s pulling ahead of luxury rivals with watches that match the tenor of the times for less ostentatious displays of wealth.
 
Bordeaux Prices May Dip On Weak Demand
Tuesday, 10 January 2012
Prices of top Bordeaux may drop further at Hong Kong sales this month as demand declines on concern about economic weakness and financial-market volatility.
 
Princeton Brews Trouble For Us 1 Percenters: Michael Lewis
Friday, 30 December 2011

How to deal with students at elite colleges turning against the elites.

 
European Debt Crisis Undercuts Art World
Thursday, 29 December 2011
As the European debt crisis roiled financial markets in 2011, the value of the most expensive works of art sold at auction fell 41 percent.
 
Cornell’s $350 Million Donor Feeney Plans To Give It All Away
Wednesday, 21 December 2011
Donating a record $350 million to Cornell University last week moved Charles Feeney closer to a life goal: giving away all of his fortune while still alive.
 
Eight Ferraris Crash At ‘Gathering of Narcissists’
Monday, 05 December 2011
Eight Ferraris and a Lamborghini were part of a 14-car crash in Japan yesterday that wrecked more than $1 million of vehicles.
 
Stolen $40M Klimt Helps Art Auction Rebound
Wednesday, 09 November 2011
A $40.4 million Gustav Klimt painting underpinned a rebound in art auctions as Sotheby’s sold $200 million of Impressionist and modern works, beating a sale the previous day by Christie’s.
 
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