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Wednesday, 14 November 2012 00:10

Warhol Foundation Auction Hits $17 Million

Held at Christie’s in New York this past Monday, the first in a series of auctions to benefit the Andy Warhol Foundation for the Visual Arts brought in over $17 million. The sale featured over 354 works by Andy Warhol including prints and photographs. Online auctions will begin this coming February.

Many works exceeded their high estimates including Jackie, a screen print and paper collage of Jacqueline Kennedy that had a high estimate of $300,000 and sold for $626,000 as well as Self Portrait in Fright Wig which was estimated at $12,000-$18,000 and sold for $50,000. The biggest sale of the night was a print featuring a butterfly titled Endangered Species: San Francisco Silverspot that reached over $1.2 million.

Profits from the sale will go towards the foundation’s endowment, and will help the organization to expand their contributions to the visual arts.

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Wednesday, 10 October 2012 19:28, a Website for Art Lovers, Debuts

After two years in beta,’s public version went live this past Monday. Using intuitive sites such as Pandora and Netflix as guides, gets to know its users and presents them with suggestions and recommendations based on their individual likes and dislikes. offers a free repository of 20,000 and counting digitized fine art images as well as an art appreciation guide. can already count 275 galleries, private collectors, and 50 museums such as the Dallas Museum of Art, SFMoMA, and Fondation Beyeler as partners.

A start-up backed by millions of dollars in venture capital from art world giants such as Larry Gagosian and Dasha Zhukova, already has 600,000 registered users. The site is moving past mere image sharing and has begun partnering with major art fairs, serving as the exclusive online platform for Design Miami/ in December and the Armory Show in March. offers a unique experience to collectors, allowing them to speak with a specialist, connect directly to a gallery, or submit offers on works remotely. A different feature on the site will allow collectors to buy outright as long as the dealer chooses to utilize the e-commerce option. plans to bring in most of its revenue from sales commissions on works sold through the site.

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