The First Art Newspaper on the Net Established in 1996 United States Thursday, January 29, 2015


Lehman Brothers Sign, Artworks to Be Auctioned Off in UK
An auction house employee passes paintings, 'Untitled' by Hannah Starkey, left, and 'Holy Smoke' by Matthew Ritchie ,right, displayed in an auction house in London, Friday, Sept. 24, 2010.The paintings estimated to sell for 1,000-1,500 pounds ( 1,570-2,355 US Dollars), left, and 70,000-100,000 pounds (110,000- 157,000 US Dollars),right, will go on sale in the Christie's auction of Lehman Brothers Artwork and Ephemera on Sept. 29. AP Photo/Kirsty Wigglesworth.

By: Jill Lawless, Associated Press Writer

LONDON (AP)- For sale: a sign of the times.

Christie's is auctioning off the 10 foot-long (3 meter-long) sign that adorned the European headquarters of Lehman Brothers, along with paintings, furniture and other objects from the offices of the collapsed investment bank.

They are among millions of dollars' (euros') worth of items being sold to help pay Lehman's creditors.

The bank collapsed in September 2008. It was the largest bankruptcy filing in U.S. history and helped cause one of the worst financial crises since the Great Depression.

On Friday Christie's held a preview of items from the sale, which is expected to raise about 2 million pounds ($3.1 million).

The 300 lots include works by modern artists including Gary Hume, Robert Rauschenberg and Lucian Freud, a selection of maritime and sporting paintings and office knickknacks — antique tea caddies, model boats, cigar boxes, bronze animals and Chinese ceramics.

Collectors can also bid on the headquarters' sign, valued at 2,000 pounds to 3,000 pounds, and a plaque commemorating the opening of the building in 2004 by Britain's then-Treasury chief, Gordon Brown, valued at between 1,000 pounds and 1,500 pounds.

The most expensive work, a large photograph by Andreas Gursky of the teeming New York Mercantile Exchange, will be sold separately next month and is valued at between 100,000 pounds and 150,000 pounds.

The sale is scheduled for Wednesday in London. More artworks from Lehman Brothers' collection will be sold by Sotheby's in New York this Saturday, at an auction expected to raise $10 million — a tiny fraction of the $613 billion in debts held by Lehman when it collapsed.


Copyright 2010 The Associated Press.





Today's News

September 25, 2010

Exhibition at Fondation Beyeler in Basel Explores Vienna: 1900, Klimt, Schiele and their Times

Dallas Museum of Arts Center for Creative Connections Presents Encountering Space

New Book Shows More than 100 Unpublished Marilyn Monroe Photos

New Photographic Series by Taryn Simon at Gagosian

Works by "New Topographics" Pioneer Lewis Baltz on View at the Art Institute

First Retrospective in Germany of British Photographer Paul Graham at Deichtorhallen

Free Admission at Museums Around the Country Today

Autumnal Inspiration from Cole to Wyeth at the Hudson River Museum

Modern Art Museum of Fort Worth Presents Vernon Fisher: K-Mart Conceptualism

France's PIXmania Founder, Steve Rosenblum, Displays Art Collection

Show at Victoria & Albert Museum Puts Diaghilev Among Greats of Modern Art

Autry National Center Presents Siqueiros in Los Angeles: Censorship Defied

Forbes' Tiny Toys will Be Sold at Sotheby's in New York City

MFA Houston Announces First Large-Scale Retrospective of Artist Carlos Cruz-Diez

World of Khubilai Khan Revealed in New Exhibit at the Metropolitan

Superb Selection of Drawings and Sketchbooks by Edgar Degas at the Morgan

Jane Hammond: Fallen and Jae Ko: Paper Open at the Taubman Museum of Art

Ray Charles Memorial Library Officially Opens in Los Angeles

Private California Collection of Impressionist Paintings Highlights Christie's Sale

Lehman Brothers Sign, Artworks to Be Auctioned Off in UK

Gustav Klimt and Napoleon Bonaparte Heading to Melbourne

Rediscovered Spanish Civil War Negatives by Capa, Chim, and Taro at ICP

Zaha Hadid's MAXXI Museum is Favourite to Win RIBA Stirling Prize 2010

New Exhibition of Paintings by Deborah Kass at Paul Kasmin Gallery

Hauser & Wirth's First Posthumous Show of Jason Rhoades' Work Opens

Hungarian Artists Alongside Greats in London Show at Royal Academy

Knoedler & Company Open First Exhibition of Lynn Davis' Work

Carnegie Museum of Art Names a Three-Person Curatorial Team for 2013 Carnegie International

Exhibition of Recent Gifts of Wood Art from the Bresler Collection Opens at the Renwick Gallery

Most Popular Last Seven Days



1.- Egypt conservationists to sue over 'botched' Egyptian Pharaoh Tutankhamun mask repair

2.- Scrolls scorched by Vesuvius may be read again thanks to 21st century technology

3.- Italian government seizes more than 5,000 looted antiquities in record 45-million-euro haul

4.- Remains of at least five people found in Alexander the Great-era tomb in Amphipolis

5.- Munich poised to lift ban on Holocaust memorial project known as Stolpersteine

6.- Rare coin records smashed by Heritage Auctions at Florida United Numismatists Convention

7.- Bonhams to offer Alan Turing's hidden manuscript on the foundations of mathematics and computer science

8.- Jane Wilson, painter of luminous landscapes, dies at the age of 90 in New York

9.- First exhibition in the UK to examine Rubens’ influence on art history opens in London

10.- Paul Simonon presents a series of new paintings at London's Institute of Contemporary Arts



Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 

Founder:
Ignacio Villarreal
Editor & Publisher: Jose Villarreal - Consultant: Ignacio Villarreal Jr.
Art Director: Juan José Sepúlveda Ramírez - Marketing: Carla Gutiérrez
Special Contributor: Liz Gangemi - Special Advisor: Carlos Amador
Contributing Editor: Carolina Farias

Royalville Communications, Inc
produces:

ignaciovillarreal.org theavemaria.org juncodelavega.org facundocabral-elfinal.org
Founder's Site. The most varied versions
of this beautiful prayer.
Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site