PARIS.- The sale of Asian Art at Sothebys Paris totalled 10,688,875 ($13.397.757), surpassing presale high expectations (estimate of 3.5-4.9 million*). The auction established extremely strong sell through rates of 75.3% sold by lot and 90.2% sold by value. 72% of lots were sold above their high estimate. The 10.7m ($13.4m) total marks the sixth...
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Archive for June, 2012
Sotheby’s Paris Asian Art Sale totals $13.4 million; Record for Qing porcelain …
Records Smashed at Christie’s Contemporary Art Sale
In London on Wednesday, post-war and contemporary art totaled $207.3 million, against an estimate of $160.1 million to $216.9 million, the highest total ever in the category for Christie’s in Europe. Collectors, primarily from Europe and America, clamored for quality. Among the highlights was Yves Klein’s “Le Rose du Bleu (RE 22) which fetched...
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Buying the Best but Not the Rest
By KELLY CROW A $37 million Joan Miró. An $11.3 million René Magritte. An $8 million Glenn Brown homage to Salvador Dalí. Over the past two weeks, London’s major auction houses have seen collectors glom onto the art of the surreal—a word that also could sum up the art market as a whole. Christie’s...
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Lady Gaga Boosts $392 Million Fashion, Contemporary-Art Sales
Lady Gaga was among the buyers during a week of contemporary art and fashion auctions in London that raised more than 250 million pounds ($392 million). The U.S. singer was represented in the room at Christie’s International’s June 27 charity sale of fashion items belonging to the model and designer Daphne Guinness. The auction...
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Sotheby’s putting comics book up for auction
Art Media Agency (AMA) is published by the company AF Markets, Limited company with registered capital of €40,000, incorporated in the Company and Trade Register of Bobigny under the n° 523 512 788, Registered Office: 267 rue Lecourbe, F-75015 Paris, France Director of publication: Pierre Naquin Chief editor: Antoine Cadeo de Iturbide The website...
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Wary Buyers Still Pour Money Into Contemporary Art
If Sotheby’s sale on Tuesday evening might have left a different impression, it is because brazen speculation no longer flies as easily as it did until recently. The 69 lots of the 79 that came up nonetheless sold quite well, allowing Sotheby’s to post a £69.3 million, or $108 million, score. The auction house...
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Victorian and British Impressionist Art auction at Christie’s
Art Media Agency (AMA) is published by the company AF Markets, Limited company with registered capital of €40,000, incorporated in the Company and Trade Register of Bobigny under the n° 523 512 788, Registered Office: 267 rue Lecourbe, F-75015 Paris, France Director of publication: Pierre Naquin Chief editor: Antoine Cadeo de Iturbide The website...
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Art Reality Show Comes to Christie’s, Layoffs Strike LA MOCA, and More Must …
– “Gallery Girls” Get High-Profile Internships: The seven young women participating in Bravo‘s new reality series “Gallery Girls” (which premieres August 13) have landed some very competitive gigs — well, some of them. While two of the participants will put in hours at a Lower East Side boutique-gallery hybrid, others will be walking the halls of...
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• London art market is still booming (The Tell)
When Edvard Munch’s iconic painting “The Scream” went up for sale at Sotheby’s this May, officials estimated that it could be auctioned off for more than 80 million dollars. But they were wrong – off by 50%, in fact – as the pastel on board sold for almost $120 million. This week a collection...
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Sotheby’s Contemporary Art Evening Auction in London totals $108 million
LONDON.- Tonight, Sothebys Contemporary Art Evening Auction realised a total of £69,307,050 / $108,028,899 / 86,675,518, against an estimate of £57-82m / $89-128m / 71-103m, taking Sothebys Summer Season of Contemporary Art Sales, including the Gunter Sachs Collection, to the strong sum of £110.7 / $173 / 120.5 million. This figure brings the combined...
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