5:11pm
Not everything is doom and gloom in the art world at the moment. A shock sale at Christie's, Paris, has given hope to many who feared the extent to which the global art market would be tainted by the current international economic downturn.
A leather armchair, designed by the Irish artist Eileen Gray, has fetched a staggering 22 million euro at Christie's as part of the three day sale of the collection of the late Yves Saint Laurent and his partner. The chair, which is 24 inches high, has broken the world record for a piece of 20th century...
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1:55pm
My kingdom for a horse
Former Turner Prize winner Mark Wallinger has been announced as the winner of the £2m public art comission to mark the building of Ebbsfleet International station in Kent, dubbed the 'Angel of the South'. Wallinger's sculpture of a giant white horse (the model is pictured above) is due to be completed and installed by 2012 and is expected to be 50 metres high. Wallinger was among a shortlist of three artists, including Richard Deacon and Daniel Buren.
Moscow off
The sixth annual Moscow World Fine Art Fair, originally scheduled to open on...
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