NY art sales to tempt buyers with attractive prices (Reuters via Yahoo! News)

Old Master painting sales will try to lure choosier buyers this month with lower price estimates as Christie's and Sotheby's auction houses adjust to a global art market dulled by the financial crisis.

Lee Rosenbaum's cultural commentary (Arts Journal)

A video recently posted on Sotheby's website, Contemporary Art Market: A Candid Look from the Inside , features a cast of five---the auction house's contemporary art team---looking chastened as they candidly discuss the disastrous November sales but try to calm market jitters by assuring sellers that "despite a worsening economic climate, if the right object comes to market, there's an enormous ...

Reader views (0) (Evening Standard)

How badly has the global downturn hit the art market? Last month I reported rumours that auction house Christie's had planned to abandon its quarterly magazine, which is mailed out to high-rolling individuals. But is one big high roller about to abandon the auction house itself?..

Madejski’s Degas Statue May Fetch 12 Million Pounds (Update1) (Bloomberg)

Jan. 6 (Bloomberg) -- John Madejski , who last week won a knighthood in the U.K., is selling a bronze version of Edgar Degas ’s best-known sculpture at Sotheby’s February auction of Impressionist and modern art in London.

Bonsai auction benefits capital (Vietnam Net)

VietNamNet Bridge - The Thang Long Bonsai Association and Ha Noi Trade Promotion Centre are presenting an art ornamental tree and stone exhibition at Ha Noi’s Ly Thai To Park to welcome the New Year 2009.

North Brevard Heritage Foundation gala on Jan 16 (Florida Today)

The North Brevard Heritage Foundation is presenting “Preservation As An Art Form” at a gala fundraiser Jan. 16 at The Royal Oak Country Club in Titusville.