6 February 2014

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Sotheby’s Reports Record Prices For Art Dealer Jan Krugier’s Collection

Sotheby’s has reported a 100% sales result for the collection of the art dealer Jan Krugier. The Combined Total of £74.8 million – More than Doubles the High Estimate of lots offered in the auction. In the course of the last two days, 119 works from the Private Collection of Mr Krugier have met with […]

5 February 2014

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Christie’s Achieves Highest Total For London Impressionist and Modern Sale

Christie’s  Impressionist and Modern Art Evening Sale and the auction of The Art of the Surreal which took place on the evening of 4 February in London, has realised a combined total of £176,986,000/ $288,133,208/ €212,737,172 and selling 86% by lot and 95% by value. The auctions had a combined pre-sale estimate of £113.3 million […]

3 February 2014

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Sotheby’s Old Masters Sales Total Over $70m In New York

Sotheby’s has surprized the art market by reporting record prices in their annual Old Masters Week sales. The auctioneers have achieved an impressive total of $71,768,126* as of 30 January 2014. Important Old Master Paintings & Sculpture totaled $51,361,251 (est. $42/60 million) with works from the Dutch Golden Age performing particularly well. Multiple bidders entered […]

31 January 2014

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Alexander Rotter And Cheyenne Westphal Appointed New Worldwide Heads of Sotheby’s Contemporary Art Department

Sotheby’s, today announced the appointment of Alexander Rotter and Cheyenne Westphal as Worldwide Heads of Sotheby’s Contemporary Art Department. The announcement was made by Bill Ruprecht, Chairman, President, and Chief Executive Officer of the global auctioneers. “Over the past several years, Sotheby’s global Contemporary team, under the leadership of Alex and Cheyenne and spanning from […]

30 January 2014

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Sotheby’s Set To exhibit Warhol, Richter and Hockney In India

Sotheby’s has announced that it will exhibit works by Andy Warhol, Gerhard Richter and David Hockney in India for the first time. The artworks will be open to the public on the 31st January 2014, the exhibition at the Imperial Hotel, New Delhi has been designed to allow Indian collectors to view selected highlights from […]

28 January 2014

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Elsa Schiaparelli Family Collection Achieves £1.4m At Christie’s Paris

A personal collection belonging to the family of one of the most important couturiers of the 20th century, Madame Elsa Schiaparelli, has achieved €1,686,250/£1,385,254/$2,298,359 selling 75% by lot and 94% by value. The top lot of the sale was an Italian pair of carved marble models of leopards which sold for €385,000/£316,278/$524,755. The fabulous Man […]

24 January 2014

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Important L.S. Lowry Collection To Go Under The Hammer At Sotheby’s

One of the most important Collection of Works by  L.S. Lowry is to be auctioned by Sotheby’s. A stand-alone evening sale of 15 paintings by the artists will take place at 6pm on 25th March 2014. The A.J. Thompson Collection, estimated to fetch in excess of £15 million, includes well-known masterpieces that have previously been […]

22 January 2014

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Christie’s Records Record Year With Sales Over £4.5 Billion

Christie’s has released their sales figures for 2013 revealing a record year of £4.54 billion, up 16% ($7.13 billion, up 14%), for the year ending December 2013. This figure is the highest sales total for Christie’s or any auction house in the history of the art market. Christie’s sales figures were driven by an increase […]

18 January 2014

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Art of The Surreal Christie’s Offers Key Works In February Auction

Christie’s highly anticipated annual evening sale ‘The Art of The Surreal’ will take place on 4 February, presenting some of the most remarkable works to be offered in the category to date. The auction is led by the most important early Magritte to come to auction in a generation, Les chasseurs au bord de la […]

16 January 2014

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Important Gerhard Richter Abstract Expected To Reach £15m At Sotheby’s

Sotheby’s Contemporary Art Evening Sale in London in February will be led by an exceptional abstract painting by Gerhard Richter. Estimated to realise in excess of £15 million ($25m), Wand (Wall) was held by Richter to be a work of such importance that he chose to keep it in his personal collection for over fifteen […]

15 January 2014

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Francis Bacon Portrait of Lover George Dyer To Be Auctioned

A major portrait by Francis Bacon will be offered at Christie’s in their upcoming Post-War and Contemporary Art Evening Auction on 13 February 2014. The painting depicts George Dyer and was executed in 1966, at the artist’s creative peak. George Dyer was Bacon’s lover, muse and arguably his greatest influence. A powerful and poignant portrait […]

14 January 2014

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Major Arte Povera Exhibition To Be Mounted By Christie’s London

Arte Povera artists filled galleries with animals and decaying matter decades before Damien Hirst and Tracey Emin. With its idea that humble ‘poor’ everyday materials – both natural and man-made – can be transformed into powerful, evocative works of art, Arte Povera transformed the landscape and language of contemporary art in the late 1960s and […]

13 January 2014

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Lady Randolph Churchill Portrait By John Singer Sargent Offered By Provincial Auctioneers

Nye and Company a small New Jersey auctioneers has announced the sale of an extraordinary and historic work by the renowned American portraitist John Singer Sargent. The oil-on-canvas depicts Lady Randolph Churchill. Born Jeanette “Jennie” Jerome in the Cobble Hill section of Brooklyn in 1854. Jennie Churchill was considered one of the greatest beauties of […]

8 January 2014

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Modern Masters From An Important Swiss Collection To Be Auctioned At Christie’s

Christie’s London has just announced the sale of an exceptional and historic group of Modern Masters: Works from an Important Private Swiss Collection which will be offered at auction in February 2014. Collections often reflect their collectors‟ tastes and histories, but seldom do they also reflect their friendships and relationships as much as the 22 […]

16 December 2013

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Duke and the Duchess of Windsor Still Attracts Interest At Auction

A fascinating group of jewels and precious objects celebrating the lives and tastes of the Duke and the Duchess of Windsor soared above estimate, selling for £620,125 ($1,016,137) at Sotheby’s London (est. £351,500 – 506,700/ $575,968 – 830,279). The majority of the pieces were presented some 26 years after they were last auctioned in the […]

14 December 2013

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Christie’s Loses Key International Chair As Amy Cappellazzo Resigns

Christie’s Auctioneers has announced the departure of a key member of its team. Amy Cappellazzo will leave the company, after the London auctions in February, to pursue her career outside the company. Ms. Cappellazzo, Co-Head along with Brett Gorvy were responsible for developing Christie’s Post-War & Contemporary Art department between 2001 to 2011. She was named […]

12 December 2013

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Sotheby’s Record Breaking Modern and Post-War British Art Sales Surpass £7m

A number of record breaking prices were achieved last night as Sotheby’s Abstraction and Modern Post-War British Art Evening Sales fetched a total of £6,113,350, making the combined total, with the Day Sale results, to top £7,927,725 (est. £5,838,000-8,911,000). The top lot of last night’s sale was a supreme work by Patrick Heron, Atmospheric Strata […]

7 December 2013

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Edward Hopper and Norman Rockwell Achieve Record Prices At Auction

It has been a record breaking week for two icons of American realism.  A Depression era view of New Jersey by Edward Hopper has sold for $40m (£24.4m), setting an auction record for the US artist, at Christie’s sale of American art. While Rockwell’s “Saying Grace” has fetched a record price of $46 million at […]

3 December 2013

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Zao Wou-Ki Abstraction Sets $14m Record Price For Artist at Sotheby’s

Sotheby’s announced that it has firmly established Sotheby’s Beijing as a marketplace for selling contemporary art. The auction house, the first international fine art auction house able to conduct business in mainland China, Sunday marked the successful conclusion of Sotheby’s Beijing Art Week, a landmark series of sales and events designed to cater to the […]

28 November 2013

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David Thomson Collection Of Post-war British Abstract Art To Be Auctioned

A group of 20 works from the renowned collection of David Thomson goes under the hammer at Sotheby’s 10th December 2013. ‘Abstraction’ brings to the market major works by Alan Davie, Patrick Heron, Peter Lanyon, Roger Hilton and William Scott. Together they represent one of the best groups of post-war British Abstract Art to come […]

28 November 2013

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Maltese Falcon Statuette From 1941 Bogart Film Sells For $4m

The iconic lead statuette of the Maltese Falcon from the classic 1941 Bogart film noir of the same name has sold for a record $4,085,000 at Bonhams. The statuette now holds the record for the highest price achieved for a film prop. It was the top lot in a special sale held on November 25 […]

23 November 2013

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Tobias Meyer Worldwide Head of Contemporary Art at Sotheby’s Resigns

Tobias Meyer, the Worldwide Head of the Contemporary Art at Sotheby’s has announced that he is to end his association with the auction house. “Tobias Meyer is an important figure and has been at the central to a number of high profile sales for more than 20 years and we are grateful for all of […]

20 November 2013

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Pre-Raphaelite Masterpiece by Rossetti Realises Over £3m At Sotheby’s

Sotheby’s in London, has auctioned a defining image of the Pre-Raphaelite art movement and one of the most iconic images of  nineteenth century British art. Proserpine by Dante Gabriel Rossetti sold for £3,274,500 ($5,274,892), yesterday establishing a new record for the artist at auction. Bidding for this important work was intense, with five international bidders […]

18 November 2013

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Sotheby’s Announces Ambitious Beijing Art Week Programme

Sotheby’s is presenting Sotheby’s Beijing Art Week to be held from 28 November to 1 December at China World Summit, Wing Beijing. Beijing Art Week is an ambitious series of arts events to be held by Sotheby’s in China, encompassing fine and decorative art, historic jewellery with a total value of over RMB 1.3 billion […]

16 November 2013

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Astronomical Warhol Koons And Bacon Results Defy Art Market Skeptics

Oh what a crazy week for contemporary and modern art at auction: Despite a lot of hot air in the art press over the last few days, with speculation of whether the art market bubble (or balloon in some cases) was about to burst, the climate has again proven the sceptics to be wrong, with […]

9 November 2013

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PARTE Contemporary Art Fair Launches In Sao Paulo

PARTE Contemporary Art Fair takes place in São Paulo between 6th and 10th November. It is the third edition of the fair. The event brings together 34 prestigious Brazilian galleries and three international art galleries. PART is an initiative of members Lina Wurzmann and Tamara Perlman working together since the preparation of the first edition […]

7 November 2013

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Sotheby’s Achieves Second Highest Results For Impressionist and Modern Sale

An Impressionist and Modern art sale at Sotheby’s in New York has raised more than $290m (£180m) This is the second highest result for the auction house, following the sale last year (2012) of Munch’s ‘The Scream’ which set a world auction record for any work of art, realising $119.9 million. The highest prices achieved […]

6 November 2013

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Alberto Giacometti’s Portrait Of Brother Diego Realises $33m At Christie’s

Christies’ has set a world record with a portrait of Alberto Giacometti’s brother Diego, achieving $33m, a record for one of the artist’s paintings. This week’s auctions of Impressionist and Modern Art have realised a running tally of $258 million, with the Works on Paper and Day Sales completing the series today. Bidders from more […]

26 October 2013

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Bonhams Auctioneers Officially Open Their New Bond Street London Headquarters

Bonhams has opened a brand new £30 million headquarters building at 101 New Bond Street. The official launch took place last night (24 October) in the presence of  London Mayor, Boris Johnson. Speaking at a packed reception in the new building, the Mayor said, “Why do buyers come here? It’s not just the time zone, […]

22 October 2013

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PAD London 2013 Reveals Strong Figures For Frieze Week Fair

The 7th edition of PAD London has truly mastered the spirit of eclecticism in a record year for the fair. With the addition of Antiquities, Japanese Art, the mix of genres and the exquisitely curated environment proved inspiring to the public, first-time buyers and collectors alike. An illustrious opening night proved auspicious for a week […]

21 October 2013

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Brazilian Galleries Shine In Record Numbers At Europe’s International Art Fairs

More than eleven Brazilian galleries have chosen to come to London for Frieze week. Many will move on to Paris for next week’s FIAC. This is just the tip of the iceberg with ten in Bogota (Colombia) galleries exhibiting  with the support of the internationalization Project that was made by LATITUDE – Platform for Brazilian […]

19 October 2013

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Oliver Stone’s Jean-Michel Basquiat and Andy Warhol Painting Sells For £1.5m

Christie’s London Post-War and Contemporary Art Evening Auction on 18 October 2013 realised a total including Buyer’s Premium: 27,788,900 GBP. It featured a collaborative work by Jean-Michel Basquiat and Andy Warhol from the prestigious collection of Oliver Stone, the film director whose credits include Platoon, Wall Street, Born on the Fourth of July, JFK, Nixon […]