Auctions & shows

Booming 2015 Spring Art Sales

This year Christie’s have set the bar high. By hosting both its Impressionist and Modern Art and Post-War contemporary art New York sales in one week and also introducing their themed sale ‘Looking forward to the past’ in the same week, they have brought in $1.726 billion, making it the …

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Auctions & shows

Strong demand for Pop-art and Op-art at Bonhams Post War and Contemporary sale

There was strong demand for Pop-art and Op-art works at Bonhams’ 33 lot Post-War and Contemporary Art sale in New York on 12 May, which raised more than $3.5 million. Robert Indiana’s iconic work, LOVE outstripped expectations and fetched $653,000, racing past its high estimate of $250,000. The winning bid …

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Art Fairs

AXA ART unveils world’s finest global corporate collections

A new book, ‘Global Corporate Collections’ will be unveiled at AXA Art’s VIP Lounge during Art Basel show in Basel this June. Published by Deutsche Standards EDITIONEN, the 700+ page publication features more than 80 art collections, widely considered to be among the best corporate art collections around the world. The book’s …

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Auctions & shows

Sotheby’s unveils buyer of Monet’s ‘Bassin Aux Nympheas, Les Rosiers’

Sotheby’s has confirmed the buyer of Monet’s Bassin aux nymphéas, les rosiers, which sold for USD $20.41 million (HKD $159 million) at its New York Impressionist & Modern Art auction on 5 May, as China’s Dalian Wanda Group. Unseen in the auction market for over two decades, Bassin aux nymphéas, les rosiers represents …

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Auctions & shows

Sotheby’s reports healthy sales for its May Contemporary Art evening sale

It may not have been the dazzling record-breaker that was Monday’s sale of Modern, Impressionist and Contemporary art at Christie’s (at which Picasso’s Les Femmes d’Alger fetched an unprecedented $179,365,000) but Sotheby’s said it was pleased with the results of Tuesday’s May Contemporary art evening sale, which totalled $380 million, …

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Auctions & shows

Christies breaks record with Picasso’s ‘Les femmes d’Alger

Christie’s has broken the world record for any work of art sold at auction selling Pablo Picasso’s ‘Les femmes d’Alger’ (Version O)’ for a final hammer price of $179,365,000. The 1955 painting was last sold in 1997 in the sale of the Collection of Victor and Sally Ganz at Christie’s, …

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Auctions & showsBuy art

Interest in early 20th century Russian art increasing

Bonhams, the auction house, says they are seeing increased demand for 20th century Russian art. “At the moment collectors’ interest is shifting towards Russian artists who embraced modernism and who contributed to the artistic development of the early 20th century,” says Yelena Harbrick, Bonhams international director of Russian fine and …

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Auctions & shows

Christie’s look forward to busy week of auctions

Christie’s New York is looking for a record week with five sales running. Christie’s are starting the week with their ‘Looking forward to the past’ evening sale taking place on Monday 11 which will combine both Impressionist & Modern art with Post-War & Contemporary works. The Post-War and Contemporary sales …

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Art Fairs

Will art fairs push for art market regulation?

In a bid to protect their share of the global art trade, art fairs may decide to champion calls for greater art market regulation , according to Skate’s Art Fairs Report, Spring 2015. “There is a strong argument to be made that not unlike stock exchanges, which private entities with …

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Auctions & shows

Artprice: Monday’s New York sale could secure Christie’s lead

Despite a successful sale at Sotheby’s New York yesterday, Christie’s May 11 New York sale could boost its growing lead over its rival and may prove to be the most impressive art sale ever held, according to art price and index databank provider Artprice. “As the years go by, Christie’s …

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