Sentences with phrase «auction in art market»

The $ 744.9 million total of Tuesday evening's sale represents the highest total for a single auction in art market history.
One of the most famous auctions in art market history is the Scull sale that took place at Sotheby's Parke Bernet on Ocotber 18, 1973 as Taxi magnate and collector Robert Scull liquidated his Contemporary art collection to shouted bids and hails of protest.

Not exact matches

Jing Daily looks at the intersection of luxury and culture in China: the ins and outs of business development there with an eye toward the upscale consumer market, as well as the business of culture — from auctions, museums, and contemporary art to performance, public events, and more.
Experts expressed oncern that short - term investors and speculators are boosting art prices in the market, especially among the upcoming young artists that have seen significant success at auctions in 2013 and first half of 2014.
«It's even impacted the art market,» said Jack Ablin, chief investment officer with BMO Private Bank in Chicago, citing the auction sale this spring of a Picasso painting for a whopping $ 179 million.
Despite a decline in volume from a year ago and totals that were a fraction of what they were at the peak of the art market boom, the London auctions of Postwar and contemporary art, which coincided with the annual Frieze Art Fair, held Oct. 15 — 18, were surprisingly upbeat and showed confidence in the contemporary market, observers saart market boom, the London auctions of Postwar and contemporary art, which coincided with the annual Frieze Art Fair, held Oct. 15 — 18, were surprisingly upbeat and showed confidence in the contemporary market, observers saart, which coincided with the annual Frieze Art Fair, held Oct. 15 — 18, were surprisingly upbeat and showed confidence in the contemporary market, observers saArt Fair, held Oct. 15 — 18, were surprisingly upbeat and showed confidence in the contemporary market, observers said.
NEW YORK — Several works in the 19th - century European paintings sales garnered strong prices at a typically quiet auction - market period that stretches from the end of the major, early, May New York auctions to the start of the London Impressionist, modern and contemporary art auctions each June.
Following the years of war - time austerity and slow post-war recovery, it was not until the 1950's that the growth in London's art galleries and auction houses began to rival those of Paris and shift the focus of the European market for modern art to the British capital.
After 16 sales, in your observation, what affect have Swann auctions had on the African American art market?
We expect the works on offer in July to follow recent trends, affirming the position of these artists as some of the most innovative and influential names on the international Contemporary Art auction market today.
Chinese Art Spending Has Really Plummeted — A study commissioned by the European Fine Art Foundation and compiled by the widely respected Clare McAndrew, founder of the Arts Economics consulting firm, estimates that art sales in China fell by 24 percent in 2012, with Chinese auction sales falling even further, dropping 30 percent and back into second place behind the United States in the art - market rankinArt Spending Has Really Plummeted — A study commissioned by the European Fine Art Foundation and compiled by the widely respected Clare McAndrew, founder of the Arts Economics consulting firm, estimates that art sales in China fell by 24 percent in 2012, with Chinese auction sales falling even further, dropping 30 percent and back into second place behind the United States in the art - market rankinArt Foundation and compiled by the widely respected Clare McAndrew, founder of the Arts Economics consulting firm, estimates that art sales in China fell by 24 percent in 2012, with Chinese auction sales falling even further, dropping 30 percent and back into second place behind the United States in the art - market rankinart sales in China fell by 24 percent in 2012, with Chinese auction sales falling even further, dropping 30 percent and back into second place behind the United States in the art - market rankinart - market rankings.
«When Robert Indiana debuted his «Love» artworks at Manhattan's Stable Gallery in 1966, the artist was already enjoying critical and market success as a member of the...» - Art Auction
In today's overheated art market smaller and less significant works are increasingly being auctioned to a growing audience.
I'm confident we'll see a tremendous year for women artists at the very top of the art market, building on recent outstanding results such as the remarkable Jenny Saville canvas that captivated the room at our contemporary auction in London last June.
There is much unrest in the auction world as competition for market share of the $ 65 billion or so global art market continues to intensify.
Shiner, who has been at the helm of the Warhol Museum since 2008, has described the move from museum to auction house as a «natural transition»: «There's much more porosity in the art world now between the market, the collector base, galleries and the nonprofit world of museums,» he said.
The upcoming season of art auctions in New York presents two standout market features that stray from the norm.
Although Sotheby's is a market leader in Impressionist and Modern painting, its contemporary art auction fetched just $ 343.6 million — less than half of what Christie's took in the following evening.
As a specialist, he is especially committed to Southeast Asian Modern Art, having been involved in numerous successes, including sale of the Joe Borkin collection of Affandi's for $ 2,870,000 and a new world auction record for a work by Rudolf Bonnet, A Market Scene which fetched $ 996,000.
Previously as the Head of the New York Evening sales, the Post-war and Contemporary department grew significantly and under his direction the team produced five consecutive world records for the highest totals for an auction sale in art market history.
His experiences in both commercial galleries and the auction house give him keen insight into the complexities of the art market and this wide perspective has gained him the trust of international collectors.
Martha Baer has led the Contemporary auction market through remarkable growth since joining Christie's in 1978, following her directorship at Acquavella Contemporary Art and an earlier post as Vice President of the André Emmerich Gallery.
With 15 years in the Art market, both in the auction world and as an advisor and dealer, Jutta Nixdorf brings extensive experience to bear.
But in 2007, when his 1991 White Canoe, a nighttime scene of a canoe on a lake, was sold at Sotheby's for $ 11.3 million — then an auction record for a living European artist — Doig went from being «a hero to other painters to a poster child of the excesses of the market,» says Paul Schimmel, chief curator at the Museum of Contemporary Art, Los Angeles.
Christie's has been in dialogue with Depp since the start of the year, and following momentum in the Basquiat market since the auction record - breaking success of Untitled (1982) in May, this group of works from the early 1980s is set to be a focal point of both the Post-War and Contemporary Art Evening and Day Auctions.
«The appearance of a Hirst at Christie's is a first swallow indicating greater confidence in the post-recession contemporary art auction market
(Gallerist NY) Sotheby's Poaches a Red - Hot Art Expert - Yamini Mehta is leaving her 14 - year tenure at Christie's to become the rival auction house's international head of Indian and Southeast Asian art and antiquities, which is quite the brief considering it spans ancient to contemporary work in the booming art markArt Expert - Yamini Mehta is leaving her 14 - year tenure at Christie's to become the rival auction house's international head of Indian and Southeast Asian art and antiquities, which is quite the brief considering it spans ancient to contemporary work in the booming art markart and antiquities, which is quite the brief considering it spans ancient to contemporary work in the booming art markart market.
On November 12th Christie's Post-War and Contemporary Art evening sale achieved $ 691,583,000 (# 435,697,000 / $ 511,771,420), the highest total for an auction sale in art market history, with a strong sell - through rate of 98 % by value and 91 % by lArt evening sale achieved $ 691,583,000 (# 435,697,000 / $ 511,771,420), the highest total for an auction sale in art market history, with a strong sell - through rate of 98 % by value and 91 % by lart market history, with a strong sell - through rate of 98 % by value and 91 % by lot.
The contemporary art market regains its swagger $ 1.6 billion - worth of contemporary art changed hands during the spring auction series in New York.
In this case, the art market can be said to have outpaced the critical establishment, which has yet to embrace the pulp category: the auction record for the pin - up artist Gil Elvgren (1914 - 1980), for instance, is around $ 280,000.
«Several of the additions point to the growing art trade in mainland China and Brazil, which will shape the art market for years to come,» said Art + Auction executive editor Sarah Hansart trade in mainland China and Brazil, which will shape the art market for years to come,» said Art + Auction executive editor Sarah Hansart market for years to come,» said Art + Auction executive editor Sarah HansArt + Auction executive editor Sarah Hanson.
But here's a crazy idea for really growing the Asia auction market: most art lovers in Asia will never be able to afford a Richter or a Warhol (apart from his photographs), so how about selling lower - priced items from categories that may hold special appeal here?
The actor has played a number of roles in the art market as buyer, charity auction impressario and a behind - the - scenes agent for sellers who feared a buyer would default on an auction bid.
The line - up of New York auctions in May 2017 was dubbed «the art market's biggest test», and the world was about to see whether the storm of the economic crisis was finally weathered — at least for a while.
According to the Artprice report «The Art Market in 2014,» just three of the top 100 slots by auction revenue were held by women.
Doig believes people who pay high prices at auction are part of a «secondary market» in which money is more important than art.
In 2002, just after one of his works achieved a record price of $ 666k that would only be surpassed once half - a-dozen years later, one exceptionally powerful auction house specialist in Contemporary art predicted that his market would take off in the coming yearIn 2002, just after one of his works achieved a record price of $ 666k that would only be surpassed once half - a-dozen years later, one exceptionally powerful auction house specialist in Contemporary art predicted that his market would take off in the coming yearin Contemporary art predicted that his market would take off in the coming yearin the coming years.
The auction house has also announced its first sale of modern and contemporary African art, to be held in its London saleroom next month (16 May), saying there had been «exponential increase in market demand» for this field over the last decade.
The popularity (and sales) of Dansaekhwa artist have enjoyed remarkable success in the past few years and in 2016 South Korea became the 10th largest art auction market in the world.
If there was any doubt that the recent slide in the stock markets might affect the art market's major spring auctions, this auction put such fears to rest as it was very strong.
In contrast, just more than a quarter of the 263 lots offered in this auction failed to sell, a rather high percentage but better than many of the auctions in the early and mid-90's when the art market endured a severe collapsIn contrast, just more than a quarter of the 263 lots offered in this auction failed to sell, a rather high percentage but better than many of the auctions in the early and mid-90's when the art market endured a severe collapsin this auction failed to sell, a rather high percentage but better than many of the auctions in the early and mid-90's when the art market endured a severe collapsin the early and mid-90's when the art market endured a severe collapse.
One had to feel a little sorry for him in the reckoning: One of his paintings, through no doings of his own, breaks auction records for a work by a living European artist, and he gets pitted against no less a luminary than Giovanni Battista Tiepolo as quintessential of what art historian James Meyer called the market's «overestimation of the contemporary.»
New York, December 13, 2013 — Today, artnet, the world's largest art Price Database provider and gallery network, and the principal platform for art auctions on the Internet, announced that it is launching a 24 - hour global art market newswire called artnet news, which will have correspondents in the Americas, Asia, and Europe.
Though no one in the art world expects drastic changes in the Chinese art market to occur overnight, many art dealers and auction house officials are cautiously optimistic about the new initiative.
Several works in the 19th - century European paintings sales garnered strong prices at a typically quiet auction - market period that stretches from the end of the major, early, May New York auctions to the start of the London Impressionist, modern and contemporary art auctions each June.
(NYT) New Picasso Discovered, Heads to Market - In one of those classic check - your - attic tales, the Evansville Museum of Arts, History and Science found a layered glass mosaic by Picasso (titled Seated Woman With Red Hat) in an old mislabeled shipping crate and is now hoping to sell it at Guernsey's auction house for as much as $ 40 million, which would multiply the museums endowment ninefolIn one of those classic check - your - attic tales, the Evansville Museum of Arts, History and Science found a layered glass mosaic by Picasso (titled Seated Woman With Red Hat) in an old mislabeled shipping crate and is now hoping to sell it at Guernsey's auction house for as much as $ 40 million, which would multiply the museums endowment ninefolin an old mislabeled shipping crate and is now hoping to sell it at Guernsey's auction house for as much as $ 40 million, which would multiply the museums endowment ninefold.
Born in Switzerland, with galleries and offices in Geneva, New York, and London, Lévy took her first steps at Christie's, having a profound impact on the auction house and art market structures through the setting up of a Private Sales department, then opened a boutique art advisory firm and later co-founded L&M Arts with former Goldman Sachs trader Robert Mnuchin.
Sales figures at Chinese auctions have been underwhelming but the contemporary art market is establishing itself strongly in Asia.»
It's easy for an artist to be cowed by the art market's stark exclusivity and swayed to produce work in thrall to the art fair and the auction.
Prices like these seemed to sustain dealers, who somehow managed to field nonstop activity despite the fair coming at the end of a unending gantlet of market events that began in March with the Armory Show, continued with the May auctions and Frieze New York, shifted to China for Art Basel Hong Kong, and then to Venice for the Biennale debut before finally concluding in Basel — which, thankfully for all involved, is also an epicenter of the global pharmaceutical industry.
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