2 July 2014

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Tracey Emin’s Turner Prize Nominated Unmade Bed Fetches £2.5m At Christie’s

Tracey Emin’s Turner Prize nominated ‘My Bed’ installation has sold at Christie’s, London salesroom tonight for £2.5m (including commission), a record for the artist. The sculpture was consigned by Charles Saatchi to raise money for his Gallery’s education programme. The artwork was estimated to fetch between £800,000 to $1.5 million in the sale. It was […]

1 July 2014

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Sotheby’s Lands £100m Paul And Bunny Melon Estate Sale

This Autumn, a series of sales at Sotheby’s will offer for sale one of the most important single owner collections ever to come to the market – that of Rachel ‘Bunny’ Lambert Mellon.   Intensely private, Mrs Mellon, who died earlier this year at the age of 103, devoted her life to five main passions: fashion, […]

1 July 2014

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Record Price For Francis Bacon Triptych And Peter Doig At Sotheby’s

Sotheby’s London was again breaking records this evening when a rare Francis Bacon triptych of George Dyer attracted bids from four collectors around the world, far surpassing its estimate and selling to a telephone bidder for a landmark price of £26,682,500 ($45,400,274). The sum paid sets a new benchmark for a small-scale triptych by the […]

30 June 2014

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START Art Fair’s First Edition Ends On A High Note

London’s latest contemporary art fair START has ended on a high note, after receiving universal praise for its fresh approach. This was reflected in strong sales and attendance of significant international collectors. The preview day saw 2,200 VIP guests through the doors in just 5 hours, with total visitors to the Saatchi Gallery in Chelsea, […]

27 June 2014

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Masterpiece London Preview Announces Sales In Excess of £40m

Masterpiece London’s top art and antiques fair which is often compared to Maastricht has opened with reports of strong sales the highest visitor number to date. Collectors, curators, and designers are drawn here for the astonishing diversity of material with over 7,000 visitors crossing the threshold of the stunning fair in the South Grounds of […]

26 June 2014

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Warhol, Doig And Bacon Star In Sotheby’s Contemporary Art Evening Sale

The market continues to storm ahead, ravenous for great works by great artists. This sale – one of the most exciting London sales in a decade – provides plenty to feed that appetite, with definitive works by Bacon and Doig presenting a once-in-a-lifetime opportunity for collectors.” says; Alex Branczik, Head of Contemporary Art, London Next […]

25 June 2014

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Christie’s Reveals £86m Impressionist and Modern Evening Sales Figures

Christies London has released the results for the Impressionist and Modern Art Evening sale which took place on 24 June  £85,784,000/ $146,004,368/ €107,230,000 was realised selling 67% by lot and 71% by value. Kurt Schwitters 1920 picture sold for £13,970,500/$23,777,791/ €17,463,125 setting a new world record price for the artist at auction (estimate: £4- 6 […]

24 June 2014

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Claude Monet Water Lilies Achieves £31m At Sotheby’s Evening Sale

Sotheby’s evening sale of Impressionist and Modern Art in London has achieved a total of £121,957,000 / $207,875,707 / €152,555,889 (est. £86.2-123.9m / $146.3-210.3m) this evening after fierce bidding from Asia and Russia. Helena Newman, Sotheby’s Co-Head of Impressionist & Modern Art Worldwide, said: “The tonight’s success was due to being entrusted with supreme property […]

23 June 2014

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Art Basel 45 Retains Its Supremacy In The Art Marketplace

Summing up the 2014 Art Basel fair is a daunting task. The fair founded in Switzerland has ended with galleries reporting strong sales throughout the week across all levels of the market. The 45th edition of Art Basel once again confirmed its position as one of the worlds most important annual art events, and as […]

19 June 2014

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Impressionism To Street Art Leads Summer Sales At Christies, Sotheby’s And Bonham’s

The Impressionist & Modern Art Evening Sale at Sotheby’s 23rd June 2014 combines an outstanding level of quality across the board. Included in the sale are works by Claude Monet, Pablo Picasso, Piet Mondrian, Pierre Auguste Renoir, Joan Miró and Wassily Kandinsky, to name but a few, the 46 lots in the Evening Sale are […]

17 June 2014

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Archibald Knox and Modern British Art Triumph At Olympia Antiques Fair

Founded over forty years ago, the Olympia International Art & Antiques Fair is the most established art and antiques fair in London, and yet again the exhibitors put on a really fantastic event. The 42nd edition of Olympia International Art & Antiques Fair, which ended on Sunday, attracted over 26,500 visitors from countries as far […]

16 June 2014

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Banksy Stall Art From NY Residency To Be Sold At Bonham’s

Banksy paintings on canvas bought during his 2013 ‘residency’ in New York are to go under the hammer at Bonham’s London. Purchased for just $60 apiece they will feature in their next sale of Contemporary Art on July 2nd for a price which reflects their true value. Estimated at £50,000 – 70,000 and £30,000 – […]

12 June 2014

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Claude Monet Water Lilies Set To Fetch £20-30m At Sotheby’s

Sotheby’s London is offering as a highlight of the Impressionist & Modern Art Evening Sale on Monday 23rd June 2014 Claude Monet’s Nymphéas (Water Lilies) of 1906, estimated at £20-30 million/ $33-50 million. Instantly recognisable and revered the world over, Claude Monet’s Nymphéas are among the most iconic and celebrated paintings of turn of the […]

10 June 2014

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Peter Doig’s Toronto Masterpiece Country-Rock Wing-Mirror Goes Under The Hammer

Peter Doig’s masterpiece Country-Rock (Wing-Mirror) will be offered for the first time at auction in Sotheby’s Contemporary art sale in London on 30th June, This painting is one of the most important works by the artist ever to appear on the market. Having remained in the same collection since 1999, the year it was painted,it […]

5 June 2014

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Francis Bacon Lucian Freud Study From Roald Dahl Collection To Be Auctioned

Francis Bacon’s single head study of  the artist Lucian Freud painted in1961 from the private collection of the celebrated writer Roald Dahl and the Dahl family is to go under the hammer at Christie’s . The canvas measuring fourteen inches by twelve will be offered in Christie’s Post-War and Contemporary Art Evening Sale on 1 […]

4 June 2014

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Invaluable The Online Live Auction Marketplace Raises $33.75m Capital

Invaluable,one of the oldest and largest online live auction marketplaces, has announced that it has raised $33.75 million in a Series D funding round led by New York-based Insight Venture Partners, with participation from existing investors Ascent Venture Partners and Commonwealth Capital Ventures. As part of the transaction, Bradley Twohig, principal at Insight Venture Partners, […]

30 May 2014

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Latin American Modern & Contemporary Art At Sotheby’s Tops $15m

The evening session of Latin American Art Modern & Contemporary at Sotheby’s New York held on the 28 May has brought a total of $15,142,875 (est. $11.3/15.6 million)* with strong results achieved for many of the key names of Latin American Art such as Joaquín Torres-García, Diego Rivera, Lygia Clark, Jesús Rafael Soto, Rufino Tamayo, […]

19 May 2014

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Art Basel Hong Kong Finishes With Reports Of Buoyant Sales

The second edition of Art Basel Hong Kong has closed with dealers reporting buoyant sales over the five day period. The line-up of 245 galleries representing 39 countries and territories across the world participated in Art Basel Hong Kong’s event. With over 50 percent of galleries having exhibition spaces in Asia and the Asia-Pacific region, […]

16 May 2014

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Jeff Koons’ $28m Popeye To Become Las Vegas Casino Attraction

Sotheby’s Contemporary Art Evening Sale in New York has totaled $364,379,000 85% Sold by lot Sale Estimate $336,650,000 – 474,000,000 Tonight’s auction saw a sell through rate of 85%, marking the 12th consecutive contemporary sale with a sell-through rate of over 80%. o 51% of sold works brought above their high estimates. Global participation evident […]

15 May 2014

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Christie’s Sets $975m Benchmark For Post War and Contemporary Art Sales

Christie’s has set a new benchmark for the Post-War and Contemporary art market, raising a record total of $975 million and setting 35 new price achievements during its successful sale week. “The current commentary on the art market currently avoids what is truly driving it.  It is the work of art itself,” said Steven Murphy, Chief […]

8 May 2014

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Christie’s And Sotheby’s Impressionist And Modern Sales Soar In NY

Christie’s NY Evening Sale of Impressionist and Modern Art on Tuesday, May 6, has realised $285,879,000 (£168,668,610/€205,832,880), selling 89% by lot and 96% by value. This marks the highest total for Christie’s New York in this category since May 2010. Of the 53 works offered, 9 lots sold for over $10 million, 18 for over […]

6 May 2014

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Dan Loeb Appointed Sotheby’s Board Seat After Ceding Legal Advise

The hedge fund activist Dan Loeb will be appointed a seat on the board of Sotheby’s, after a seven month battle, avoiding a feared shareholder vote, which was set to challenge the direction of the 270 year old auction house.  The move came after Donald Parsons, a Delaware judge rejected a request to delay Tuesday’s […]

29 April 2014

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Hollywood legend Lauren Bacall To Auction Henry Moore Bronze

A rare bronze “Maquette by Henry Moore from the collection of the legendary Hollywood actress Lauren Bacall is being offered at Bonham’s New York. The work titled “Curved Mother and Child,” was gifted to the actresse’s son Stephen Bogart, who has consigned the lot. The small bronze carries a pre-sale auction estimate of $150,000-200,000. Lauren […]

28 April 2014

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Irish Art Comes Home To Dublin Ahead Of Sotheby’s Auction

An exhibition of major Irish artworks from Sotheby’s upcoming auction of British and Irish Art will be shown in Dublin, ahead of the sale. The exhibition will take place from Thursday 8 to Sunday 11 May 2014. Headlining the group is a stunning portrait by William Orpen and a selection of works by Ireland’s leading […]

28 April 2014

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Online Art Trade Report Reveals $1.57bn Turnover For 2013

Specialist insurer Hiscox has released figures, which for the first time show that there is increasing confidence with purchasing art online. Click-and-buy – which means online art buying platforms with an online presence only, rather than a physical space – is becoming a trusted channel for buying art, with as many as 40% of those […]

23 April 2014

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Grosvenor School Print: £74,500 Record Price At Bonham’s Auction

Records have been broken for works by the British printmakers, C.R.W. Nevinson (British, 1889-1946) and C.E. Power (British, 1872-1951) as the Grosvenor School dominated the Prints sale at Bonhams on 15th April. Returning to the Trenches, a terrific wartime study of marching troops by Christopher Richard Wynne Nevinson took the top spot in the sale […]

19 April 2014

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Bid To Save Fox Talbot Archive: Photographers Donate Work For Auction

The May sale of Photography at Sotheby’s opens with a 16-lot selection of generously donated photographs by leading contemporary photographers in support of the Bodleian Library’s campaign to save the personal archive of William Henry Fox Talbot. The bid to acquire the archive of Fox Talbot’s life and work was launched by the institution in […]

12 April 2014

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Andy Warhol: Anthony d’Offay Provenance Self-Portraits Go Under The Hammer

Sotheby’s New York will feature a unique group of Six late Self Portraits by Andy Warhol in their Evening Auction of Contemporary Art on 14 May 2014.  The series are among the final works the artist created before his untimely death in 1987. Executed in 1986 – 20 years after the artist’s last great series […]

11 April 2014

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Jeff Koons Popeye Set To Make $25m At Auction In New York

Sotheby’s New York is offering Jeff Koons’s gleaming, seven-foot tall statue of the cartoon character and American pop culture icon Popeye. The sculpture is one of an edition of three, from which no example has appeared at auction until now. The present Popeye has never been exhibited publicly, and will make its debut in Sotheby’s […]

3 April 2014

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Masterpieces From The Estate of Canadian Collector Edgar M. Bronfman To Be Auctioned

Christie’s Auctioneers has announced the sale of Property from the Estate of Edgar M. Bronfman, the distinguished businessman, philanthropist, and diplomat, in the upcoming auction season. Bronfman’s acquired collection was formed over the course of several decades and spans the categories of Impressionist & Modern Art, American Art, Post-War and Contemporary Art, Prints & Multiples, […]

26 March 2014

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Dan Loeb Gets Personal Suing Sotheby’s Over Poison Pill Protections

Dan Loeb, the American hedge fund manager and chief executive of Third Point LLC, a New York-based hedge fund with a portfolio worth $14 billion has sued the directors of auction house Sotheby’s in order to force the removal of ‘poison pill protections’ that prevent ‘him from acquiring more seats on the board.  New York […]

23 March 2014

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Jackson Pollock Masterpiece To Go Under The Hammer At Christie’s

An important late Jackson Pollock titled ‘Number 5’ (Elegant Lady, 1951) goes under the hammer at Christie’s New York as part of their May evening sale of Post War and Contemporary art. The work comes from the E.ON art collection and carries an estimate of $15 – 20 million.  E.ON, which has been an important […]