Austin Estate to Host World-Renowned Artist Howard Lamar

AUSTIN, Texas, Sept. 22, 2017 / Business Insider -- With an almost 50-year career in fine art, having his works showcased by dozens of private and corporate collections across the globe – most notably the Japanese Imperial Collection and the Microsoft Alumni Foundation – Howard Lamar will be coming to Austin, Texas for a special one-night showing. Dubbed "An Evening of Art and Celebration," the event will be hosted at one lucky Austin residence and feature works from Mr. Lamar's "Kindness & Generosity" series.   Read more . . 

---

Buying Art for Love and Profit

Peter Grant and Mohamed Siddique acquitted of art fraud, but court still doesn't know if Brett Whiteley paintings are real
​

Brett Whiteley's former wife says three paintings that were part of Australia's biggest art fraud case are fakes, while the judges who acquitted two men of forging them say they have no idea if they're real or not.  Read the entire article here

Why is this article important?   It highlights the emphatic need to get authentication of a valuable piece of artwork.   Had the authenticity of the painting been verified while the artist was still living, there would be no question or -- lawsuit.

---

The Battle for Basquiat​

Achieving a record-shattering $110.5 million, Jean-Michel Basquiat’s Untitled, 1982, led the $319 million Contemporary Art Evening sale on 18 May. The price is the highest paid at auction for a work by an American artist and for any artwork created after 1980.   See the video of the bidding and read the entire article here.   

This is a prime example of how the value of the piece of art can increase exponentially, with a purchase of one work of art by a significant collector.   This new benchmark effectively increases the value of all Basquiat's works.