No doubt, with dozens of digital artworks
reaching hammer prices in the thousands and tens of thousands of dollars, this was an important event and I predict it's one for the history books.
A large painting by the late Joan Mitchell
reached a hammer price of 3.1 million Euro at the Sotheby's Contemporary Sale in Paris.
Not exact matches
Well, if the company involved is suffering from significant cash outflows, and has insufficient cash / debt to
reach its expected cashflow positive inflection point, you're probably going to see that share
price hammered.
She was quickly proven wrong when, no more than 30 seconds later, she slammed the
hammer down and told the audience that the work wouldn't sell because it had not
reached its reserve
price.
During the sale the mid-century masterpiece confidently
reached the $ 25 million mark, held a well - timed pause and calmly sailed to its final
price of $ 26.5 million (
hammer price with commissions — $ 29,762,500).
Another de Kooning, Lot 37, «Brown Derby Road,» a 62 3/4 - by - 49 1/4 - inch oil on canvas, shown above, was painted in 1958 and sold for a
hammer price of $ 640,000, not
reaching its low estimate of $ 800,000.
Several clients chased the work from its starting bid of $ 100 million, trading at least 30 bids in increments of $ 1 million until it
reached its final
hammer price of $ 161 million, reported Christie's.
From July 2014 to June 2015, auction «
hammer prices» by the late Jean - Michel Basquiat, Christopher Wool and Jeff Koons
reached $ 33 million, $ 26.5 million and $ 23 million, respectively, for single works of art.