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Author Archives: Andy McCord
Pared-down sales of photographs at Sotheby’s, Christie’s and Phillips de Pury & Company in New York March 30–April 1 realized a combined total of $5.8 million at the three houses, down sharply from the $38.2 million total of last year’s photo sales (ANL, 4/29/08). Read More
Works from prestigious collections helped bolster a weakened market at Sotheby’s and Christie’s pared-down auctions of Asian art in New York March 17–20. Read More
Sales were rocky in auctions of American art at Sotheby’s and Christie’s on Dec. 3–4 and at the American Art Fair at the National Academy and School of Fine Arts on Dec. 1–4.
Auctions of Latin American art at Sotheby’s and Christie’s in New York on Nov. 18–20 achieved a fair showing, despite continuing turmoil in the world financial markets and the failure of many top-priced lots. Between the two houses, the sales yielded a total of more than $34 million, compared with the $49.9 million of last fall (ANL, 12/11/07) Read More
Photography auctions featuring choice works from esteemed collections, 20th-century masters and postwar photographers alike soared to record results at Sotheby’s and Christie’s in New York from April 7-11. Read More
Record prices for rare, classical works and continued strength in modern and contemporary art fueled Asia Week sales at Christie’s and Sotheby’s from March 17-21. Read More
With 51 artists’ records falling, six works selling for more than a million dollars each and interest running strong for established masters and recent artists alike, the Latin American art market held up strongly in New York auctions at Sotheby’s and Christie’s from Nov. 19-21. Read More
Photography sales at four auction houses held up strongly in New York from Oct. 15-17, with vintage prints by 20th-century photographers returning to prominence in a market dominated by more recent editorial photography. Read More
Allaying fears that turmoil in financial spheres would prove contagious for the art market, a series of Asian art sales in New York (Sept. 18-21), which were weighted toward contemporary works, produced near-record results from a far-flung mix of buyers.
The total for five sales at Sotheby’s was $61.9 million, including $38.4 million for an auction of Chinese, Korean and Japanese contemporary art. At Christie’s four sales fetched $44.3 million—led by one of Chinese ceramics, jades and works of art that totaled $17.3 million.
Records fell as the New York auction houses sustained high totals for Latin American artworks in day and evening sales from May 30-June 1. Read More
Records fell, 22 works fetched $1 million or more, and over 80 percent of the lots found buyers as Christie’s and Sotheby’s made $111.2 million in sales of American paintings, drawings and sculpture in New York from May 23-24—$15 million past a year-ago May’s $95.9 million total. Christie’s took $55.4 million, up from $35.9 million last year, while Sotheby’s earned $55.8 million—down from $60 million last year but high nonetheless when Sotheby’s year-ago take of $9.2 million for Norman Rockwell’s Homecoming Marine, 1945, is factored in (ANL, 6/6/06). Read More
Buoyed by several focused collections from single owners and the growing strength of the market for postwar photography, the spring photo auctions in New York achieved high totals. All told, Sotheby’s realized $15.9 million in its three April sales; Christie’s, $11.2 million in three sales; and Phillips, de Pury and Company, $10.4 million in two sales. Christie’s also had held photo sales in February that achieved $5.56 million (ANL, 3/6/07), bringing its total so far this year to $16.7 million. Read More
Christie’s realized $57.5 million from its Old Master sale in New York on April 19, setting seven auction records among the top ten lots and achieving a 67 percent sell-through rate. The offering was boosted by the recent restitution of a large group of works from pre-World War II collections. Christie’s year-ago sale, on April 6, 2006, took in $74.5 million—a figure that included the $35.9 million fetched by Giudecca, La Donna della Salute and San Giorgio, by J.M.W. Turner, a record for a British painting at auction (ANL, 4/25/06). Read More