Art auction houses fighting over paintings

"Christie's and Sotheby's auction houses are fighting over the sale of four paintings by late American abstract expressionist Clyfford Still, each claiming it can offer a better deal.

The city and county of Denver hopes to fetch at least $25 million for a new Clyfford Still Museum scheduled to open this year. To pay for the museum, the city chose to sell four of the 825 paintings headed for the museum. Still's estate has yet to be distributed, but a court agreed to the transfer of the four paintings pending a formal decision on the sale."  [Read Full Article]

Published by:  Taiwan News
On:  08/20/11
Website:  http://www.taiwannews.com.tw

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