Not exact matches
«We've seen a
lot of very hot
auction processes,»
notes Torys» Emanoilidis.
Jovial words were exchanged, smiles were all around and interested buyers scribbled
notes in their
auction lot books — the scene had an electricity in the air.
The car (
Lot 1416) goes to
auction showing fewer than 18,000 miles on the odometer (
note: the title reads mileage exempt).
Considering the past several outings for the
auction houses in London and New York, where only a handful of buyers were reportedly keeping the market afloat, this week's sales hit a different
note entirely, with ample phone bids that saw one major
auction record fall with Constantin Brancusi's La Muse Endormie demolishing expectations at over $ 57 million, and marquee
lots performing quite well over the course of the evening.
Ms. Paulson described the
auction as «fantastic,»
noting that 27 of the 51
lots that sold went above the high estimate.
After the
auction, Tobias Meyer, the auctioneer commented that nine of the top
lots were purchased by «private Americans» and
noted that museums are now «building galleries» rather than making acquisitions a priority.
«The majority of the best of British contemporary art does not have the opportunity to appear at
auction — it is sold through galleries,» he says,
noting that sculptor and Turner Prize winner Rachel Whiteread has 191
auction lots logged with Artnet, «but the vast majority are multiple editions.»