This has been an absolutely enormous week at the annual May postwar and contemporary art sales in New York, which began on Monday night with Christie’s setting a new all-time record for a work at auction, when it sold a Picasso for $179.4 million in its special “Looking Forward to the Past.” Above, a brief look at how this year’s numbers compare to May results over the past 10 years. Two quick notes: the more darkly shaded section of each bar is the portion provided by evening sales; the lighter section is the day-sale portion. And for Christie’s 2015 numbers, we included the complete results of “Looking Forward to the Past,” which had a mixture modern and contemporary works and featured that Picasso.
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- Estate of Betty Parsons, Storied Ab Ex Dealer Who Also Made Art, Goes to Alexander Gray Associates
- After 25 Years, New York's Sandra Gering Inc. Gallery to Close This Summer
- Muted 20th-Century and Contemporary Sale at Phillips in London Nets $17.9 M.
- Christie's Nets $117.7 M. in Solid London Postwar Sale, Setting Records for Oehlen, Crosby, Tillmans
- At the Armory Show, Dealers See Moderate Sales in Switched-Up Fair Setup, With Kusama Selling for Around $1 M.