8 August 2015


Sotheby’s Announces £2.3 Billion Second Quarter Earnings For 2015

Sotheby’s has announced second quarter 2015 earnings. Tad Smith, President and Chief Executive Officer, and Patrick McClymont, Chief Financial Officer, revealed the company’s results followed by a question and answer period and journalists. Sotheby’s Consolidated Sales as of July 1, 2015 has totalled : $3.7 Billion, up 5%. Contemporary Art: Sotheby’s global auction sales of Contemporary Art increased 18% […]

3 August 2015


US Overtakes China As Leading Auction Marketplace For Art

The United States has again overtaken China as the world’s leading marketplace for art at auction. After a record 2015 the US showed growth due to the sale of major works by Picasso, Giacometti, Monet and Warhol.  There was a 20 percent growth in the first six months of 2015, with sales totalling £1.79 billion $2.8 billion (2.5 […]

22 July 2015


Christie’s Auctioneers Release Record Half Year Results Of £2.9 Billion

Christie’s have announced record half year sales of £2.9 billion, up 8% $4.5 billion, up 0% on last year’s figures from the same period. The Results were seen across numerous categories importantly Impressionist and Modern, Post-War and Contemporary Art and Asian Art.  In recent months Christie’s has focused on new curatorial presentations and a revised sales calendar to attract collectors […]

2 July 2015


Sotheby’s Achieves Highest Total For London Contemporary Art Auction

Sotheby’s has achieved the highest total for any auction of Contemporary Art ever held by the auction house in London. The sale which took place last night (1st July 2015) realised £130,376,500 / $204,730,218 / €183,870,150. Warhol’s One Dollar Bill (Silver Certificate) his landmark first ‘dollar’ painting, hand-painted in 1962, sold for £20.9m / $32.8m / €29.4m tonight – the highest price achieved across […]

1 July 2015


Christie’s London Post War And Contemporary Evening Sale Achieves £95,646,500

Christie’s Post War & Contemporary Art Evening Auction achieved £95,646,500 / $ 150,069,359 / €134,287,686, with sell-through rates of 87% by lot and 88% by value. Bidders from 34 countries across three continents showed great enthusiasm for works by some of the most exciting contemporary artists alongside classics of the category. The evening established records […]

29 June 2015


Masterpiece London Reports Record Visitor Numbers And Buoyant Sales

Masterpiece London which ends on Wednesday 1 July has reported record visitor numbers and strong sales across the board. The Fair has drawn collectors, curators, and designers from around the globe.Many have purchased exceptional works of art spanning over 4,000 years of art history. This year the Fair welcomed a record 8,900 visitors on its opening day to the […]

28 June 2015


Record Price For Barbara Hepworth Bronze At Christies Modern British Sale

Christie’s Modern British and Irish Art Evening Sale realised £18,973,000 / $29,749,664 / €26,505,281, with strong sell-through rates of 80% by lot and 88% by value. Bidders from 18 countries across 5 continents competed in the room and on the telephone for works by the leading artists of the category, including Dame Barbara Hepworth, Henry Moore […]

27 June 2015


£30 Peter Blake Painting Breaks Record For The Artist At Christie’s

‘Boys With New Ties’ by Sir Peter Blake fetched £662,500 ($1,038,800) at Christie’s London on Thursday, hitting a new world record for Blake at auction and netting a huge return for seller Jinty Stephenson. When the work ‘Boys with New Ties’, a painting by Sir Peter Blake was bought by Jinty Stephenson in the 1950s […]

24 June 2015


Sotheby’s Record Breaking Impressionist And Modern Art Sale Achieves £178.6m

Sotheby’s June 2015 Evening Sale Impressionist & Modern Art sale has achieved £178.6m / $ 282.1m / €250.9m. This is the Second-Highest Total for Any Sale Ever Held In London. The sale was led by Gustav Klimt’s 1902 Portrait of Gertrud Loew Sold for £24.8m / $39.1m / € 34.8m The second highest price for a portrait by the artist at auction. A new […]

23 June 2015


Christie’s Impressive Impressionist And Modern Evening Sale Nets Over £71m

The results for Christie’s Impressionist & Modern Art Evening Sale have been released by the leading auction house and the total was £71,461,000 /$112,908,380 /€100,116,861, with a sell-through rates of 84% by lot and 92% by value. Bidders from 32 countries across 5 continents competed in the room and on the telephone for works by the trailblazers of the category, […]

21 June 2015


Galleries Remain Positive About Art Basel 46: Market Round-Up

Art Basel 2015 has closed in Switzerland with exceptional stand presentations, a strong collector attendance and exceptional sales to confirm its position as the premier fair for contemporary and Modern works. The show was once again widely praised for the many outstanding quality artworks on offer and the beautifully presented stands. Gallerists reported excellent sales across all levels […]

18 June 2015


Sotheby’s Releases Highlights Of London Impressionist & Modern Sale

Leading the Impressionist & Modern Art Evening sale is one of the most important paintings by Kazimir Malevich to ever appear at auction. Suprematism, 18th Construction, a highlight of the critically acclaimed recent Tate retrospective in London, is appearing at auction for the first time, a century after it was painted, directly from the artist’s family. Suprematism, 18th Construction dates from the height of the artist’s career, a period that […]

14 June 2015


Henri Matisse Forgotten Cut-Outs Emerge For Sale At Frederick Mulder Ltd

It took Dr Frederick Mulder CBE and Anne-Françoise Gavanon, the directors of Frederick Mulder Ltd, one of the world’s best known specialists in original European printmaking from 1470 to 1970, five years to convince the owner to depart with a beloved masterpiece. after they set their eyes on a particular Matisse cut-out, after the work […]

11 June 2015


Rare Henri Matisse-Illustrated Edition Of Ulysses Under The Hammer

In 1935 the French artist, Henri Matisse, was commissioned to illustrate an edition of Ulysses for subscribers to the Limited Edition Club in America. Each of the 1,000 copies was signed by Matisse and 250 were also signed by James Joyce. A copy of the book signed by both men is estimated at £6,000 to […]

9 June 2015


Sir Peter Blake Painting Bought For £30 Estimated To Sell For £350,000

When the work ‘Boys with New Ties’, a painting by Sir Peter Blake was bought by Jinty Stephenson in the 1950s for a mere £30, little did she know the eventual value of the painting. When the work goes under the hammer at Christie’s London Modern British and Irish Art sale on June 25, the […]

8 June 2015


Francis Bacon: First Look At Pope Set For Sotheby’s Auction

A work from of Francis Bacon’s most famous series of paintings, of seated and often screaming popes, is to go on sale with an estimated value of £25m to £35m. When the canvas last went under the hammer in 2005, “Study for a Pope I” (1961) fetched £10 million — at the time this was […]

6 June 2015


Bonhams To Auction Works By Robert And Sonia Delaunay

Robert Delaunay’s painting, ‘Les coureurs à pied’ estimated at £200,000 to £300,000 will be featured at Bonhams Impressionist and Modern Art sale in London on June 24th. A work by his wife, Sonia Delaunay, who is currently the subject of a solo exhibition at the Tate Modern, is also in the sale, estimated at £40,000 […]

4 June 2015


Important Gustav Klimt Portrait To Be Auctioned At Sotheby’s London

An important Portrait by the Secessionist artist  Gustav Klimt  is to go under the hammer following a settlement between the Felsovanyi Heirs and The Klimt Foundation, Vienna.  Sotheby’s London have announced that Klimt’s understatedly beautiful portrait of Bildnis Gertrud Loew from 1902 will be offered for sale in its 24th June Impressionist & Modern Art Evening Sale. The painting (est. £12-18 million / $18.5-27.7 million / €16.8-25.3 million) depicts […]

3 June 2015


Picasso Monet And Van Dongen Offered At Christie’s Impressionist Modern Sale

Christie’s Impressionist & Modern Art Evening Sale in London on 23 June will present a further selection of 52 highly covetable works to inspire collectors worldwide. Building on the deep international bidding also witnessed in the strong February London sales, this auction meets current tastes and demand with a curated group of captivating works full of passion and vitality by the trailblazers of […]

3 June 2015


Edouard Manet’s Study For Le Bar aux Folies-Bergere Auctioned

A study of ‘Le Bar aux Folies-Bergère’, one of the best known works by the artist Edouard Manet, is to go under the hammer at Sotheby’s. The primary painting owned by the Courtauld Gallery, London is one of the most iconic subjects by the artist. This first version is offered for sale following its recent showing at The National Gallery’s ‘Inventing […]

2 June 2015


Banksy Glasto Mural Realises £445k At Paris Auction

A Banksy painting that was produced on the side of a festival worker’s trailer, during the 1998 Glastonbury Festival, has realised £445,792 ($676,668). at a Paris auction.This important early mural was painted in 1998 went under the hammer at Digard Auctions in Paris. Silent Majority is an exceptional artwork and marks the beginning of the Banksy […]

25 May 2015


Picasso Ceramics Collection Of Granddaughter Marina To Be Sold At Sotheby’s

Unique ceramics by Pablo Picasso belonging to the artist’s granddaughter, Marina Picasso will go under the hammer at Sotheby’s this summer. One of the most extensive and important groups of the artist’s work in this medium, the collection offers an incomparable insight into Picasso’s work in clay and the extraordinary breadth of his creativity and versatility. The huge appeal […]

18 May 2015


Frieze New York 2015 Round-Up Ponchos and Big Bucks Exchange Hands

The art world is a very robust entity and even after the highs of the 56th Venice Biennale, which opened on the 10th May and the first billion-dollar week of sales at Christie’s. Who in their right mind would think that there would still be room for Frieze New York, out on the wastelands of Randall’s Island. Artlyst’s Lizanne Merrill has […]

14 May 2015


Christie’s Achieves Eight New World Records For Contemporary And Modern Art

Christie’s Evening Sale of Post-War and Contemporary art has achieved US $658,532,000 (£419,714,468/ €584,662,254) with sell-through rates of 88% by lot and 94% by value.  Bidders from 40 different countries gathered for the sale to compete for top-quality works by the pioneering artists of the era, including Mark Rothko, Andy Warhol, Lucian Freud, Cy Twombly, Jean-Michel Basquiat, Franz Kline, and Robert […]

14 May 2015


Andy Warhol’s Moonwalk From Buzz Aldrin Collection Up For Auction

Andy Warhol’s iconic screenprint Moonwalk, 1987 – which comes directly from the private collection of the moonwalker himself, Buzz Aldrin – highlights nearly 350 artworks by luminaries such as David Park and Ed Ruscha, as well as regional artists such as David Michael Bates in Heritage Auctions’ Modern & Contemporary Art Auction May 30 in […]

13 May 2015


Peter Doig Canoe Painting Breaks Artist Record £16.6m At Christie’s

While all of the press was busy covering the sale of Picasso’s ‘Women of Algiers’ which at £110m smashed the record for any work of art sold at auction, the Scotish born Canadian artist Peter Doig has created a new record price for his work, at the same sale, at Christie’s in New York. The painting of a canoe in a […]

13 May 2015


Guercino And Van Dyck Paintings For Auction At Ketterer Kunst In Munich

A comprehensive Old Masters and 19th Century auction has been announced by Ketterer Kunst. The auction includes highlights from Italian Baroque and Flemish masters. Bidders will will be particularly interested in Il Guercino’s seminal painting David With Goliath’s Head (1650). The work is painted in the hallmark contrasting light and dark style of the baroque […]

12 May 2015


Pablo Picasso Painting Smashes World Auction Record Selling For £115m

A painting from the 1950s by the 20th century master Pablo Picasso entitled Women of Algiers has become the most expensive painting to sell at auction, The painting went under the hammer last night at Christie’s Auctioneers in New York. Selling for a staggering $179.3m (£115m). The final price of $179,365,000 which includes Christie’s commission pushes the […]

11 May 2015


Sotheby’s Reports 127 Percent Increase in First Quarter 2015

Sotheby’s, which has gone through major board changes in the last six months has reported a 127% Increase in First Quarter 2015 Adjusted Operating Income* to $22.2 Million First Quarter 2015 Adjusted Net Income* of $7.4 Million. Increase from First Quarter with a 2014 Adjusted Net Loss* of ($3.0) Million The three months ending 31 March 2015, Sotheby’s […]

5 May 2015


Georgia O’Keeffe: Will White Lily Set Another Auction Record?

In November 2014 the $15 million, or £9.5 million estimate for a Georgia O’Keeffe work was shattered after a rather intense bidding war between two rivals. ‘Jimson Weed/White Flower No 1’, a 1932 painting of a simple white flower, was finally bought by a then-unnamed buyer with a telephone bid at Sotheby’s auction house. The […]

27 April 2015


Francis Bacon Self-Portraits Resurface And Are Expected To Fetch £30m

Two Francis Bacon self-portraits not seen by the public for some time are going on public display after resurfacing in a private collection. relatives of the original collector have opted to sell the paintings, which are expected to fetch £15 million each at auction. Experts knew of the works’ existence, but did not know who […]

22 April 2015


Luxury and Degradation: Benedikt Taschen Offers Koons and Kippenberger At Christies

Christie’s Post-War and Contemporary Art Evening Sale will offer two pieces from the collection of renowned publisher and art collector, Benedikt Taschen. Martin Kippenberger and Jeff Koons, leaders of the New York and Cologne art scenes, both controversial and ambitious artists, first met in Cologne in 1986, where Taschen’s publishing empire was founded a few years earlier. […]