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How to Lose $20 Million in Less Than a Minute
by Mark Sisco

In March 2018 Christie’s agreed to sell the Pablo Picasso (1881-1973) painting known as Le Marin (The Sailor) on behalf of Sierra Fine Art LLC, Las Vegas, Nevada. Christie’s acquired the painting and planned to sell it at a May 15 auction at its New York City gallery that year. Enter ... (Read More)

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Letter from London, July 2020
by Ian McKay,

Though it is good to see just how many sales have now been scheduled in London and around the country, albeit still online or with only limited access, it proved a little frustrating to realise that the real pick-up would begin just a couple of days after my copy deadline ... (Read More)

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Hanging with Reid Dunavant
by Julie Schlenger Adell

We are all spending much more time now in our houses and apartments because of COVID-19. To give our readers an idea of what some of their colleagues, fellow collectors, and other readers surround themselves with in their abodes—on the walls, floors, or ceilings—we have introduced this new column—“Hanging with…”—because ... (Read More)

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Antiques Week in New Hampshire
by Frances McQueeney-Jones Mascolo

Antiques dealers and collectors are a stalwart bunch whose ability to overcome obstacles of every sort is stunning. The antiques world has overcome the vicissitudes of weather, will, and law and order. Now the COVID-19 pandemic has introduced a new kind of challenge, and the antiques world has responded. Auctions and ... (Read More)

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Editorial: Positive News
by Clayton Pennington

There’s some promising news regarding the resumption of the business of antiques. While most shows are still shut down for the foreseeable future, there are signs of life to be seen, albeit under different circumstances. On May 15 and 16, the fourth Virginia Pickers Antiques and Collectables Show was held in ... (Read More)

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Auction Prices Realized
by M.A.D. staff

Here are a few notable prices of antiques sold recently at auction, as provided by press releases. All prices include the buyer’s premium when charged. We’re always looking for news of prices realized at auctions, particularly unusual or top lots. Send pictures, complete descriptions, and information to A.P.R., Maine Antique ... (Read More)

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American Paintings and Pennsylvania Impressionism
by Lita Solis-Cohen

Freeman’s, Philadelphia, Pennsylvania Photos courtesy Freeman’s Freeman’s American art and Pennsylvania Impressionists sale on June 14 had been postponed a week from June 7 because of Black Lives Matter protests and a curfew in Philadelphia. Bidders convened virtually on a gorgeous Sunday afternoon and bought 70 of the 74 lots offered for ... (Read More)

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A Virus- and Anxiety-Delayed North Carolina Debut
by Pete Prunkl

Ledbetter Auctions, Gibsonville, North Carolina Photos courtesy Ledbetter Auctions After buying full-page ads in Maine Antique Digest over three consecutive months—one announcing a sale followed by two COVID-19 delays—Matt Ledbetter of Ledbetter Auctions finally had his day on the podium. On June 13 in tiny Gibsonville, North Carolina, the 38-year-old first-time auctioneer ... (Read More)

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Christie’s Settles with Manhattan DA in Tax Case
by M.A.D. staff

Christie’s has resolved an investigation by the Manhattan district attorney into violations of New York state tax laws. The auction house was accused of failing to register to collect and failing to collect New York and local sales tax between 2013 and 2017. In the agreement, Christie’s London, Christie’s Private Sales, ... (Read More)

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Online African American Fine Art Auction
by Julie Schlenger Adell

Swann Galleries, New York City Photos courtesy Swann Galleries In a heavily promoted sale, New York City’s Swann Galleries offered 187 lots in its African American fine art auction, held online because of the pandemic. Rescheduled to June 4 from its usual slot in early April, the sale took place during the ... (Read More)
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