A monumental Barnett Newman canvas fetched a record $43.8 million at a $294 million Sotheby’s (BID) auction last night, as contemporary art prices rose with stocks. “The speculative element is returning to the market,” said Jonathan Binstock, senior adviser in postwar and contemporary art at Citi Private Bank. “There’s more money to spend on...
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Conversation Guidelines and FAQs Share This Story! Let friends in your social network know what you are reading about Topless painting among Christie’s record sale The painting of actress Bea Arthur was one of the pieces of the art sold Tuesday. Post to Facebook Posted! A link has been posted to your Facebook feed....
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Records were smashed for Jean-Michel Basquiat, Jackson Pollock, Roy Lichtenstein and auctions themselves as Christie’s (CHRS) sold $495 million of contemporary art last night in New York. It was the biggest art auction in history, said Marc Porter, chairman of Christie’s Americas. “You have a lot of foreign money, a lot of hedge-fund money,”...
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New YorkBBCA contemporary art sale at Christie’s in New York has made $495m (£325m), the highest total in auction history. The sale included works by Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat. The sale established 16 new world auction records, with nine works selling for more than $10m (£6.6m) and 23 for more than...
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NEW YORK – Record prices for 12 contemporary artists, including Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat, made history Wednesday night. The sale of postwar and contemporary art at Christie’s in Rockefeller Center totaled $495 million, the highest sales figure at any art auction. “We are in a new era of the art market,”...
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A large 1953 painting by abstract expressionist artist Barnett Newman has sold for $43.8 million at a New York City auction, setting an auction record for his work. Sotheby’s said Tuesday the record price for “Onement VI” (WUHN’-mehnt siks) includes the buyer’s premium. The painting is the last of six in Newman’s Onement series....
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