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 […]

18 October 2013

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Saatchi Auctions Tracey Emin Bed To Raise Funds For Gallery

An important auction of contemporary sculpture and installation work was offered from the Saatchi Gallery collection this week at Christies. It realised a total of £3,086,350 / $4,935,074 / €3,635,720. The sale offered 50 works with no reserves and no estimates. Proceeds from the auction will support the Saatchi Gallery’s continuing policy for free entry […]

12 October 2013

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Andy Warhol Coca Cola Bottle: Yours For £50m At Christie’s

An early hand painted Andy Warhol Coca-Cola bottle is going under the hammer at Christie’s Contemporary Art Evening sale in New York. Carrying an estimate of $40,000,000-60,000,000, Coca Cola (3) has resided within the same private collection for almost two decades, and has been featured prominently in every major Warhol exhibition. It will be on […]

10 October 2013

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Francis Bacon Triptych Of Lucian Freud May Achieve Over £50m

Francis Bacon’s portrait of the artist Lucian Freud may set a new record for the painters work, when it goes under the hammer at Christie’s auctioneers, in New York, in November. It is expected to sell in the region of $85m (£53m). Painted in 1969 the three panelled work, known as a triptych,depicts studies of […]

10 October 2013

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David Bomberg: 32 Estate Works To Be Auctioned For Charity

Christie’s has announced that it will be offering 32 works from the Estate of the British artist David Bomberg (1890 – 1957) as part of their Modern British and Irish Art sale on 21 November. Proceeds of the sale will benefit Hadassah, a registered charity dedicated to raising funds for Hadassah Medical Organisation in Jerusalem. […]

4 October 2013

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Andy Warhol’s Silver Car Crash Goes Under The Hammer At Sotheby’s

Sotheby’s is auctioning the seminal Silver Car Crash (Double Disaster) by Andy Warhol as the outstanding highlight of their New York contemporary auction season. At over 8 ft. by 13 ft., the monumental painting is one of only four Car Crash works of this scale in the pivotal Death and Disaster series and the only […]

3 October 2013

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Can Anyone Blame Dan Loeb For Speaking Out About Sotheby’s?

The Billionaire hedge fund manager Dan Loeb has spoken out about Sotheby’s lack of vision and has called for the resignation of William Ruprecht, chairman, president and CEO of the auction house, which was founded in 1744. Expressing a shortfall in leadership, excessive pay and perks, and the fact that rival Christie’s has outperformed the […]

29 September 2013

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Eric Clapton Puts Second Gerhard Richter Abstract Up For Auction

A second abstract painting by the German artist Gerhard Richter, owned by the ageing rock star Eric Clapton will go under the hammer at Christie’s auctioneers this autumn.  Last year, ‘Abstraktes Bild (809-4)’ was sold to an anonymous buyer for £21,321,250, setting a record price for any living artist. Clapton purchased three major works by […]

22 September 2013

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Norman Rockwell Masterpieces From The Stuart Collection Auctioned At Sotheby’s

Sotheby’s has announced a major addition to their highly lucrative  American Art auction in New York on 4 December 2013. They will be offering some of the most important original paintings by Norman Rockwell from the family of Kenneth J. Stuart Sr., the artist’s longtime friend and art editor at the Saturday Evening Post. The […]

18 August 2013

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British Art Exports Surge By £500 Million Despite Dreaded Droit de Suite

British art exports have hit a peak, not seen since the market crashed in 2008. The popularity of London as a second home for wealthy Russians, Middle Eastern and Americans has driven the auction market, which is the barometer for UK art sales. The value of art exports leaving the UK surged by £500 million, […]

11 August 2013

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Project Latitude Publishes Research Showing Brazilian Art Market Growth

Project Latitude, the second industry research conference involving the Brazilian art market, presented in July has released results. It showed some important statistics compiling data concerning contemporary art in Brazil. Unlike the estimates presented by the Folha de Sao Paulo journal, the art market in Brazil has not stalled. A new modo operandi of significance about […]

11 August 2013

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Pierre Auguste Renoir Chattels Go Under The Hammer In New York

The most comprehensive archive auction of chattels belonging to the French impressionist artist Pierre Auguste Renoir’s from his signature polka-dot scarf to a collection of 20 original plaster sculpture maquettes, will highlight an expansive grouping dedicated to the Impressionist icon in Heritage Auctions’ presentation of The Renoir Estate Collection Signature® Auction, Sept. 19 in New […]

9 August 2013

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Sotheby’s Reports Strong Sales In Half Year Financial Results

Sotheby’s (NYSE: BID 6 August 2013) has reported their financial results for the second quarter and first half ended June 30, 2013. The company has generated a net income of $91.7 Million. Second quarter total revenues of $304.8 million and first half total revenues of $406.6 million in 2013, which essentially match both periods in […]

7 August 2013

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Amazon Launches Aggressive Expansion Into Fine Art Sales

Would you buy expensive fine art from Amazon? We will soon find out as Amazon.com, Inc. has announced the launch of Amazon Art a marketplace that gives customers direct access to more than 40,000 works of fine art from over 150 international galleries and dealers. At launch, Amazon Art is showcasing  artworks from more than […]