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 […]

15 March 2014

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TEFAF Maastricht 2014: Contemporary Art And Design Take Centre Stage

The opening of TEFAF Maastricht, yesterday is always an event of great importance in the fine art calendar. Considered the world’s greatest art and antiques fair, it showcases the best works of art from 7.000 years of history currently on the market. TEFAF always uncovers the limited number of important objects that collectors chase and […]

13 March 2014

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Felix Marcilhac Collection Sets Record For Decorative Arts Sale At Sotheby’s

The sale of the important collection of the French Art Deco dealer, author and collector Félix Marcilhac concluded last night with an outstanding total of €24,727,715 ($34,290,170), well above pre-sale expectations (est. €8.7-11.2 million/ $12.1-15.5 million), and 95.2% of lots sold. Over the course of two days, almost 600 collectors and art dealers from Europe […]

13 March 2014

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Andy Warhol Foundation Online Auction To Benefit Grant Making Programs

Christie’s has just announced another auction of  Andy Warhol titled, ‘Andy’s World’, which features more of the artist’s work and personal belongings form the Warhol foundation.  This online-only sale gives collectors a glimpse into “A Day in the Life” of one of the most important artists of the 20th century. There are over 150 lots […]

11 March 2014

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Made In Britain: New Sotheby’s Auction Celebrates British Creativity

A Unique Sale bringing together British Art and Design from the Twentieth Century is set to take place at Sotheby’s. Made In Britain showcases great British artists and designers of fine art, sculpture, studio ceramics, photography, prints and furniture, including works by Lucian Freud, Barbara Hepworth, L.S. Lowry, Terry O’Neill, Ernest Race and David Bailey. […]

10 March 2014

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ADAA Art Fair Closes NY Armory Week With Strong Sales Figures

Attendance at the 26th Art Dealers Association of America (ADAA) fair the country’s longest running fine art fair was exceptional this year. An abundance of collectors, museum curators, artists, art enthusiasts and press came to view the outstanding works presented by 72 of the nation’s leading art galleries, all members of the ADAA. The Gala […]

23 February 2014

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Reflections In An Eclectic Eye: Barry Friedman Retirement Auction At Christies

“Looking back, I realize that what has made him such an extraordinary dealer is that he really was never a dealer at all, but a collector at heart.” – Reed Krakoff The Barry Friedman Collection goes under the hammer next month at Christies. Taking place 25-27 March, the four auctions encompassing the collection will coincide […]

15 February 2014

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Francis Bacon Portrait Realises £42 million In Christie’s London Auction

Christie’s Post-War & Contemporary Art London evening auction has realised a total of £124,192,000/ $206,158,720/ €151,017,472 selling 83% by lot and 95% by value and achieving the 2nd highest ever total for a European Auction of Post-War & Contemporary Art*. The top price of the evening was paid for Francis Bacon’s Portrait of George Dyer […]

13 February 2014

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Sotheby’s Winter Contemporary Art Sale In London Generates Exceptional Results

Sotheby’s major sale of Contemporary art in London this evening opened with frenzied bidding when as many as eight participants competed for the first lot in the sale. Most of the works offered tonight – two thirds in total – have never been seen at auction before and have attracted more participants than ever before […]

11 February 2014

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Art Fairs: Must Galleries Adapt To Function In A Booming Market

According to ArtForum there will be nearly sixty international art fairs taking place in 2014. And there must be hundreds of other fairs around the world too. They are everywhere, and whilst not a new phenomenon their numbers have increased inexorably since the end of the 1990s. The art world has become increasingly globalised during […]

9 February 2014

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London Sees Highest Total for Any Day Sale Ever Held At Sotheby’s Worldwide

All eyes were on London last week as the city witnessed an unprecedented series of auctions led by Sotheby’s and Christie’s. Sotheby’s two-days of Impressionist, Modern & Surrealist Art sales, brought a total of £215.8 million, the highest achieved for any sale series ever held anywhere in London. This record total represents an almost five-fold […]

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 […]