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.
And while the Sotheby's sale is still full steam ahead, with about 100 lots still to go as this story goes to press, we've already seen at least one
major auction record.
«We have now set three
major auction records for Lewis since 2008 when the MFA Boston purchased a painting from the Dudley collection for $ 312,000.
«We have now set three
major auction records for Lewis since 2008... This recent painting was perfectly timed to take advantage of a ballooning market for Lewis over the last two years.»
Not exact matches
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But the
major auctions will seek to set
records or to strike down outlier results from...
After a momentous
auction, Jussi Pylkkänen, Global President, Christie's, remarked: «This evening we witnessed a
record total for any Asian Art sale, and a spectacular success for a great museum through the sale of
major Chinese works of art and paintings.»
Major works by the father of Art Brut, Jean Dubuffet, works from the 1940s to the 1980s by the father of Op Art, Victor Vasarely, and finally, surged by collecting interest and
record prices at
auction, jewelry by three renowned Contemporary artists: Anish Kapoor, Claude Lalanne and Sophia Vari.
Prior to joining Heritage, she held positions with two
major New York
auction houses as a Specialist in American Paintings, Drawings and Sculpture, and headed twice - yearly,
record - breaking sales in the category.
Loic Gouzer, International Specialist declared: With a total of $ 134million and 16 world
auction records set for
major artists such as Joe Bradley, Dan Colen, Peter Doig, On Kawara, Glen Ligon, Adam McEwen, Richard Prince and Thomas Schutte, and, the If I live I see you Tuesday
auction convened works by emerging and established artists who largely exceeded all pre-sale estimates.
«This was an historic event in the
auction world, with three
major records set in the space of a few short hours: a
record for any Post-War and Contemporary art sale at $ 388.5 million, a
record for any private collection of Post-War and Contemporary Art at $ 174.9 million for the Pincus Collection, and a new
record for the most expensive work of the period, with Rothko's Orange, Red, Yellow sold for $ 86.9 million,» said Brett Gorvy, Chairman and International Head of Post-War and Contemporary Art.
AUCTION On April 6, Africa American Fine Art sale at Swann Auction Galleries yields records for eight artists — Alvin D. Loving Jr., Frank Bowling, Sargent Johnson, Walter Williams, Timothy Washington, Leslie Garland Bolling, William Majors, and Eugene J.
AUCTION On April 6, Africa American Fine Art sale at Swann
Auction Galleries yields records for eight artists — Alvin D. Loving Jr., Frank Bowling, Sargent Johnson, Walter Williams, Timothy Washington, Leslie Garland Bolling, William Majors, and Eugene J.
Auction Galleries yields
records for eight artists — Alvin D. Loving Jr., Frank Bowling, Sargent Johnson, Walter Williams, Timothy Washington, Leslie Garland Bolling, William
Majors, and Eugene J. Martin.
Stettheimer's
auction record is $ 375,000, set in January at Skinner in Boston for a floral still life, but not a
major work like «Asbury Park South.»
The price set an
auction record for the postwar Italian artist who was recently the subject of a
major retrospective at the Guggenheim Museum in New York.
Christie's set
auction records for two
major artists on Wednesday — Monet and Wassily Kandinsky whose 1935 abstract composition «Rigide et courbe» fetched $ 23.3 million, within the estimated range.
Other
major highlights were Constantin Brancusi's La muse endormie ($ 57,367,500, a world
auction record for the artist), Vincent van Gogh's Laboureur dans un champ ($ 81,312,500), Fernand Léger's Contraste de formes ($ 70,062,500, a world
auction record for the artist) and Cy Twombly's Leda and the Swan ($ 52,887,500).
In the past decade, Swann
Auction Galleries in New York, which sold $ 5.3 million of African - American art in 2017, launched hundreds of black artists at auction and established records for major figures, including Abstract Expressionist painter Norman
Auction Galleries in New York, which sold $ 5.3 million of African - American art in 2017, launched hundreds of black artists at
auction and established records for major figures, including Abstract Expressionist painter Norman
auction and established
records for
major figures, including Abstract Expressionist painter Norman Lewis.
Lowry's status as one of the
major British artists of the 20th Century was reinforced when the painting Going To The Match was sold at
Auction for a
record # 1.9 million to the Manchester - based Professional Footballers Association.
Many
major artists have little to no
auction record but nevertheless have strong private markets.
In the NYTimes, David Barboza reports that China's leading contemporary artists are finally being recognized in their own country as well: «For years their work could not be exhibited in China, but now the country's leading contemporary artists are being courted by
major art collectors abroad and their paintings set
records at international
auction sales.
Among the
major works it acquired was a four - foot - wide view of Rome, Modern Rome — Campo Vaccino, 1839, by J.M.W. Turner, bought last summer at a Sotheby's London
auction for # 29.7 million ($ 44.9 million), far surpassing the # 12 million / 18 million ($ 18.2 million / 27.4 million) estimate and setting a new
record for the artist.
At the same time, the new installation
record in Germany and in some other European markets is rather the result of an anticipated market collapse, due to the switch from feed - in tariffs to
auctions, which has been imposed by the European Commission and creates
major difficulties in particular for small and medium sized investors, including community ownership.