The first part of the David Bowie art collection that went under the hammer at Sotheby’s yesterday (10 November) has achieved £24.3m ($30.5 m) with a painting by Jean-Michele Basquiat reaching £7 million.
Lord and Lady Attenborough’s Modern British art collection goes under the hammer November 2016, at Sotheby’s London. On 22 – 23 November, Sotheby’s Modern & Post-War British art sales will offer 37 works from their celebrated private collection, assembled with immense passion and a very distinctive eye.
From 1–10 November, the collection will be exhibited at Sotheby’s New Bond Street galleries in London, giving fans, collectors, art lovers and experts a once-in-a-lifetime opportunity to immerse themselves in the extraordinary range of objects that informed Bowie’s private world.
On 6 September Christie’s announced a rise in its buyer’s premium altering the percentage thresholds. Sotheby’s announced about a month later that they would also fall into line by raising their commission.
9 October 2016
Sotheby’s Frieze Week auction peaked with two lots selling for over £10m, a record result for an October contemporary auction in London. Alex Branczik, European Head of Contemporary Art said, “It’s clear that London remains at the heart of the global art market.” Jean-Michel Basquiat’s “Hannibal” became the most valuable work sold at auction in the capital this week, […]
Sotheby’s launches their first Modern and contemporary Irish art sale of the season. The annual sale in London on 13 September 2016 and at the Royal Hibernian Academy in Dublin from 1-4 September, contains over 70-lots which will be on public exhibition, prior to viewing in London. This year’s artists include: Sir John Lavery, Jack B. Yeats, Roderic O’Conor, Sir […]
Sotheby’s has made it out of the second quarter with a profit! It reported second-quarter net income, which amounted to $88.6 million. This is up compared to the $73.1 million recorded in the same quarter last year. It is a 21 percent increase. The art market remains in turmoil with Brexit fluctuations not yet accounted for in the year-end […]
The world’s leading museums are the focus of a new online platform developed by Sotheby’s which will promote video content created by many major institutions. The digital hub will be called Sotheby’s Museum Network and it will be featured prominently on Sothebys.com as well as Sotheby’s Apple TV channel. The museums in this network will include internationally-renowned public institutions, such as the […]
According to thierry Ehrmann, Artprice’s CEO, China has returned as the global art market leader. The comprehensive report released on Friday shows China had been expected to lose their ‘soft power’ dominance with the United States this year, but have returned to the global stage as leader, with a turnover up by more than $570 million. Another surprise […]
The mid-year reports from Christie’s has shown a 38% drop in sales illustrating a contraction in the buoyant art market. The Wall Street Journal released figures which pointed to an increase in sales of artworks in the $5 million-or-below range, but a slowdown in the $20 million and up categories resulting in a drop in overall sales figures, compared to […]
“Art was, seriously, the only thing I’d ever wanted to own. It has always been for me a stable nourishment. I use it. It can change the way I feel in the mornings. The same work can change me in different ways, depending on what I’m going through.” Bowie quoted in The New York Times, 1998 Bowie/Collector will be a […]
Sotheby’s evening sale of Impressionist & Modern Art in London has totalled £103,280,000 (est. £81.8 – 98.95m). Almost two thirds of the works offered in the sale had been off the market for over 30 years. Participation from 29 countries (slightly higher than June 2015 sale) Sell-through rate: 88.9% Pablo Picasso’s Cubist masterpiece Femme Assise achieved the highest bids eventually […]
Sotheby’s Modern & Post-War British Art Evening and Day Sales on 13 – 14 June 2016 achieved a combined total of £10,659,875 (est. £7,268,500-10,885,500), with a sell-through rate of 75.9% and half of the lots selling for above their high estimates. Showcasing a host of fresh-to-market and exciting works by some of Britain’s most sought-after artists, the […]
A monumental painting by Jean-Michel Basquiat and Andy Warhol, two enfants terribles of the art world, will be offered at auction from the collection of Elton John and David Furnish in Sotheby’s Paris Evening Sale of Contemporary Art. The two artists first met in a café in 1980, when Basquiat boldly approached Warhol – his idol who was then at the peak of his glory. […]
“There are signs that the contemporary art market is so cluttered with supposedly avant-gard rubbish that the pendulum is beginning to swing back to long despised Soviet and Satellite art”. Edward Lucie- Smith Sotheby’s London has announced a sale, “Contemporary East”, on 7th June. It will include works by many post-war artists from across Central and Eastern Europe, Russia and […]
A marble statue by the French sculptor Auguste Rodin has sold at Sotheby’s, New York for a record $20.4m (£14m). The Impressionist and Modern art sale had mixed results with only a 60% sell through rate, seeing winners like Claude Monet’s wife ‘Camille’ sold for $49.4m (£34m) and dismal results for Picasso where out of eight lots on […]
Sotheby’s London is to auction a complete portfolio consisting of 18 hand coloured lithographs of shoe designs by Andy Warhol – À la recherche du shoe perdu – together with Shoe and Leg, produced circa 1955. During a seven-year period, from 1953 to 1959, Warhol self-published a series of portfolios, books and individual prints. These were all offset lithographs, some […]
Melanie Clore, the highly respected Chairman of Sotheby’s Europe and one of the most experienced businesswomen and art experts working in the market today is to leave Sotheby’s after 35 years. Clore started at Sotheby’s on the front desk and worked her way up to running the company. Her highly successful specialist sales in the […]
Sotheby’s and Christie’s have both held their winter Impressionist and Modern sales this week reaffirming that the art market is still buoyant. Yesterday’s sale at Sotheby’s was topped by Pablo Picasso’s Tête de femme, a 1935 portrait of his greatest muse Marie-Thérèse Walter that sold for £18.9 million / $27.1 million. Helena Newman, Global Co-Head of Sotheby’s Impressionist […]
Sotheby’s London has announced their latest Impressionist, Modern & Surrealist Art Evening Sales to be held on 3rd February. Works by the most commercially sought-after artists including Claude Monet, Henri Matisse, Edgar Degas, Pablo Picasso, Auguste Rodin, Paul Delvaux and René Magritte, to name but a few, the 54 lots in the evening sales are estimated to fetch a combined […]
Sotheby’s London will be offering a painting that not only marks a pivotal moment in the career of Lucian Freud, but that also shines a spotlight on a fascinating but little-known moment in the artist’s life. While much has been written about many of Freud’s amorous liaisons, barely anything is known about his intense, and ultimately transformative, relationship with Bernadine Coverley. The […]
An extraordinary group of Pablo Picasso’s multi-faceted œuvre from the collection of the artist’s Granddaughter, Marina Picasso will go under the hammer in early February. It will offer an intimate glimpse into Picasso’s private world. The scope of the selection presented is truly remarkable, spanning every decade of the artist’s career and covering an eclectic variety of subjects and media. Picasso’s command over […]
On the first day of Christmas my true love gave to me: A partridge in an Ai Weiwei Tree This year has been a sort of ‘homecoming’ for Ai Weiwei: with his passport returned galleries all around the UK welcomed his return with a flurry of activity, including a retrospective of his work at the […]
A watercolour painted of Charles Darwin on the ship Beagle is to go under the hammer at Sotheby’s. His theory of evolution by natural selection challenged the foundations of Western civilisation and profoundly changed our understanding of the world. Now, the only known painting of Darwin aboard the Beagle, the ship that carried the English naturalist on his historic voyage, […]
The human body stripped bare has the power to compel, to shock and to seduce. From the heroic, muscular male forms of Antiquity to the reclining odalisques of 19th-Century painting, nude figures have dominated the artistic traditions of the Western world. Curated by Jane Neal, The Nude in the XX and XXI brings together work by artists that revolutionised […]
It is a simple law of physics – but, sadly, not a view held by more optimistic economists – that growth cannot continue indefinitely. Most auction houses however rely on the illusion of continuing growth to bolster their image and maintain their selling status, with much coverage devoted to the big names with pulling power: […]
A canvas by the American Abstractionist Cy Twombly has set a $70.5 million auction record for the artist. The “blackboard” painting, Untitled (New York City), 1968, was the highpoint of the Contemporary evening sale at Sotheby’s, which also saw records smashed for artists such as Mike Kelley. The sale total totalled $254–$313.7 million with 44 of 54 works, 82%, finding buyers. The sales […]
A record price has been achieved for a blue period Picasso at Sotheby’s in New York. La Gommeuse, painted in Paris in 1901, sold for $67.5m (£45m) at Sotheby’s, as the highlight of their Impressionist & Modern sale. The painting which depicts a cabaret artist, had a second painting on the reverse of the canvas showing an erotic image […]
Sotheby’s New York started off the Autumn auction season yesterday in style by selling $377 of art once owned by billionaire and former Sotheby’s owner Alfred Taubman There were eye watering bids from the usual suspects in America, Asia and Europe. The 77 lots included bluechip works by Picasso, Degas, Monet and Modigliani. The Taubman collection was […]
An excellent example of Picasso’s Blue Period work will be offered in Sotheby’s New York Impressionist and Modern Evening Sale on 5th November. La Gommeuse, painted in 1901 is thought to carry an estimate of around £60m. The work comes from the exceptional collection of William I. Koch, an American entrepreneur, collector and America’s Cup winner. Picasso […]