Weekly Round up: Art Collectors fleeing Putin’s Russia, Munch’s Scream breaks auction records, Kim Cattrall at Frieze

What Effect Will $120 Million “Scream” Sale Have On Chinese Art?, Jing Daily
“Packed with dozens of top-quality historical works, the Sotheby’s Impressionist & Modern Art Evening Sale eventually totaled $330.6 million, a new auction house record for a sale of Impressionist and Modern art, and the second-highest total for any auction”

The Scream’ Is Auctioned for a Record $119.9 Million, New York Times
“Chinese and English (and, some said, Norwegian), but the mystery winner bid over the phone, through Charles Moffett, Sotheby’s executive vice president and vice chairman of its worldwide Impressionist, modern and contemporary art department.”

Fearful of Putin, rich flee Russian art market, Reuters
“Russian billionaires are famous for being big buyers of contemporary art, bolstering sales in capitals across the West, but at home it’s a different story. Dejected by Vladimir Putin’s return to power”

Sale of the Week, May 6-12: New York’s Week of Highflying Contemporary Art , ARTINFO
“Up first in this marathon week of contemporary evening sales is Christie’s, which features a solid group of works by blue-chip artists. At the top of the estimates is Mark Rothko’s “Orange, Red, Yellow,” an example of the artist’s ”

Frieze Art Fair: Kim Cattrall, Chuck Close, Polina Proshkina At Randall’s , Huffington Post
“The 2012 Frieze Art Fair has officially kicked off in New York with fans of the best in contemporary art gathered at Randall’s Island Park on Thursday to celebrate. Kim Cattrall. Chuck Close, and W Magazine’s Stefano Tonchi came out”

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