Blue-chip contemporary artworkds continued to bring record prices at Art Basel and two other recent sales in Europe, but the market for lesser works appears to be cooling. Paintings by Yves Klein, Jean- Michel Basquiat have sold for record prices as battling billionaires spent $207 million at the most valuable auction of contemporary artworks...
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Top works bring top prices
Painting by Yves Klein sets a new world record for a French Post-War artist at …
LONDON.- Christie’s Post-War Contemporary Art Evening Auction totalled £132,819,400 ($207,331,083 / 165,891,431), selling 98% by value and 87% by lot. This is the highest total for any auction of Post-War Contemporary Art in Europe. The top lot of the sale was Yves Kleins Le Rose du bleu (RE 22), which sold for £23,561,250 ($36,779,111...
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Boom for London art market
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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Christie’s Auction of the Daphne Guinness Collection achieves $744285
LONDON.- Christies evening auction of The Daphne Guinness Collection; Sold to Benefit the Isabella Blow Foundation realized a total of £476,800 / $744,285 / 595,523 far-exceeding the pre-sale estimate of £100,000. The auction offered 102 lots, including a selection of dresses, coats, skirts, tops and jackets belonging to Daphne Guinness, as well as...
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Sotheby’s Summer Sales of Impressionist & Modern Art in London total $139.9m
LONDON.- Sothebys two-day sale series of Impressionist Modern Art concluded realising a combined total of £89.2m / $139.9m / 110.7m. This brings the total for Impressionist Modern Art sold worldwide at Sothebys so far this year to £449m / $719m / 513m -a 12% increase on the same period last year,and the second highest...
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Redefining ‘Masterpiece’
By EMMA CRICHTON-MILLER Once, London’s Grosvenor House Art and Antiques Fair was as integral a part of the English summer season as Henley or Ascot. This year, its successor, Masterpiece, whose third edition runs through July 4, reaffirms its claim to Wimbledon fortnight. In between the big auctions at Sotheby’s, Christie’s and Bonhams, and...
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