The Weekly Roundup: Koons, Comics, and Cars

Ferrari 250 GTO

Not in the know? Here’s what made headlines in the art world this week:

D.C. Court approves Corcoran’s plans to merge with George Washington University and the National Gallery of Art
The ruling came in a decision issued Monday, August 18th by Superior Court Judge Robert Okun.

Jeff Koons Retrospective Vandalized
Canadian performance artist Ivan Kantor smeared a white wall on the third floor of the Whitney Museum’s Jeff Koons retrospective with his own blood.

First Superman Comic Breaks $2 Million on eBay
The rare copy of the first issue of Action Comics could break the record for the most expensive price ever paid for a comic book.

Barbarians at the Art Auction Gates? Not to Worry.
The practice of reselling art at auction is less prevalent than media reports and art world gossip might suggest.

Red Ferrari Leads Way in $400 Million Classic Car Sales
The values of classic cars have risen as wealthy individuals’ appetite for alternative investments grow.

$250,000 Painting Appraised at Antiques Roadshow Charleston
The 160-year-old painting of the Kanawha Valley was painted by Edward Bayer in 1854, before West Virginia became a state.

The Three Layers: A New Era of Collectors in China
This new generation of Chinese collectors is changing the ways the traditional players in the art market operate.

Prized Carvings Stolen from Scottish Church
Three panels have been stolen from a chapel on the remote island of Lambholm in Scotland’s Orkney archipelago.

Damien Hirst’s new £34 Million Mansion
The enfant terrible of British art has used his millions to buy one of London’s grandest houses.

Website Allows Access to the Dallas Museum of Art’s Entire Collection for the First Time
On August 20th, Director Maxwell Anderson announced the launch of an exciting redesigned digital database of the Museum’s collection of encyclopedic art through its website.

Six Renowned Auction Houses Launch Bidsquare.com
The online bidding platform offers inventory ranging from fine art and estate jewelry to furniture and historical artifacts, as well as a free, searchable database of more than 600,000 auction records.

Tennis Poster Collection Smashes Auction Record at Swan Galleries
Among the over 80 lots in the collection (nearly one-fitfth of the entire sale) were works by masters of the tennis poster like Roger Broder, Carl Moos, Edward Penfield, and Ludwig Hohlwein.