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Sotheby’s New York will host two highly-anticipated design auctions this week. “The Jon Stryker Collection: Masterworks of European Modernism,” will take place on Tuesday, December 16, followed by the “Important 20th Century Design” sale on Wednesday, December 17.

“Masterworks of European Modernism” will feature works from the collection of Jon Stryker -- an American architect, philanthropist, and activist. In 2002, Stryker teamed up with Peter Shelton and Lee Mindel of the New York-based architecture and interior design firm Shelton, Mindel & Associates to renovate his former apartment at the “Prasada,” a Beaux-Arts luxury apartment building overlooking Central Park in Manhattan. With help from Shelton and Mindel, Stryker created a stylish and modern space within the historic building to showcase his collection of European and Scandinavian twentieth-century design and photography.

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A long-lost painting by the Spanish Baroque artist Sebastián de Llanos Valdés, which was missing for over 70 years, has been discovered in the UK, after an unidentified individual tried to consign "Penitent Maria Magdalena" to Christie's, according to a DPA report. However, the Staatliche Museum Schwerin, which owns the painting, had previously entered the artwork into Germany's centralized "Lost Art" database for stolen artworks. Since the attempted sale the museum and auction house were able to negotiate the work's return; with the individual who found and consigned the Valdés reportedly being offered a reward by way of compensation.

The artist was born in Seville, and was a pupil of Francisco Herrera the Elder, he worked chiefly for private patrons. In 1660, the artist actively supported Bartolomé Esteban Murillo in founding the Academia de Bellas Artes (Academy of Art), afterwards making frequent donations of oil and other materials for the students' use.

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The Rijksmuseum in Amsterdam acquired a 17th-century sculpture by Adriaen de Vries at Christie's New York last week for a record $27.9 million against an estimate of $15—25 million. The recently rediscovered bronze—a Bacchic figure supporting a globe—is said to be one of the artist's best works and represents one of the first De Vries statue in a Dutch art collection, according to a statement from the museum.

Adriean de Vries “is the Dutch Michelangelo and his works are equally rare," said Rijksmuseum general director Wim Pijbes. “Therefore it is absolutely great that we have been able to buy this fabulous sculpture for the Netherlands."

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An Italian pensioner who unknowingly bought a stolen Gauguin for a pittance has been allowed to keep it after it was valued at $50 million.

The man, who has requested anonymity out of fear the painting could attract thieves, acquired the work along with another piece at an art sale in Turin in 1975.

The auctioneers told him they were worthless "rubbish," but they were in fact an 1889 Gauguin entitled "Fruits on a Table" or "Still Life with a Small Dog," and a work by Pierre Bonnard entitled "Woman with Two Armchairs," now thought to be worth $850,000.

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The descendants of the goldfish glinting in the shady water, in a painting going on view at Sotheby’s auctioneers, are still swimming in the same pond today. The pond was dug by Winston Churchill at his beloved home, Chartwell in Kent, and the original fish were a present from Harrods.

His painting of the scene is one of the star items in an auction of personal possessions left by his last surviving child, Lady Mary Soames, who died last June aged 91.

together with furniture, jewelery, photographs, books – many signed by the authors – and silverware including the dishes which his budgie Toby was trained to march up and down the dinner table and serve salt from, is on public display at Sotheby’s in Bond Street from now until the auction next Wednesday, December 17.

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Christie’s International Plc’s president of its Americas division will step down following the surprise departure of its chief executive officer last week.

Doug Woodham, who has held the position for two years, will leave the London-based auction house at the end of the month, Christie’s said today in an e-mailed statement.

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Sotheby’s Magnificent Jewels auction on December 9 achieved $44.2 million, buoyed by results for stones and jewels from prominent collections, such as those of Helen Hay Whitney, Estée Lauder, Evelyn H. Lauder, the Grand Duchess Vladimir of Russia, and Marlene Dietrich.

The top lot was a platinum-topped gold and diamond necklace that was presented to Helen Hay, an American writer, socialite, and philanthropist, on the occasion of her marriage to Payne Whitney in 1902. Featuring four diamonds weighing 27.48, 15.53, 13.08 and 8.91 carats, the necklace sold for $3.2 million. Total sales from the seven jewels of the estate of Helen Hay Whitney were $4.8 million.

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Bidsquare, the online bidding platform for over 35 leading auction houses, announces Bidsquare Cares: a holiday benefit auction of art experiences to aid the Ebola workers of Doctors Without Borders. Bidding opened at bidsquare.com on Black Friday, November 28th at 12:00PM EST, and closes on Monday, December 8th at 12:00PM EST.
 
Up for grabs are 35 one-of-a-kind art and city experiences from the leading auction houses that created Bidsquare: Brunk Auctions, Cowan’s Auctions, Leslie Hindman Auctioneers, Pook & Pook, Inc., Rago and Skinner, Inc.

Tour highlights include a walk and talk with David Rago at the Metropolitan Museum of Art; a National Public Radio behind the scenes tour in Cincinnati; and a helicopter ride over Chicago. Among the other gifts to give to yourself or others: a tabletop bronze sculpture by Klaus Ihlenfeld valued at $800 and a gift certificate for fine jewelry from Skinner.

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Chinese billionaire Liu Yiqian purchased a Tibetan tapestry for HK$348 million ($45 million) at a Christie’s auction in Hong Kong today, breaking the record for the most expensive Chinese work of art he set in April.

Liu, who bought a HK$214 million Chengua-era ceramic cup -- nicknamed the Chicken Cup for its imperial allegorical depiction using poultry -- and then paid for it with his Centurion credit card at Sotheby’s, plans to show both works in his private Shanghai museum.

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 A bronze sculpture by Fernando Botero has set a new auction record for the Colombian artist.

"Adam and Eve" sold for $2.5 million at Christie's on Monday.

Another edition of the work decorates the lobby of the Time Warner Center in New York City. The previous record for Botero was $2 million for his painting "Four Musicians," which sold in 2006.

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