Author Archives: ARTnews

Sotheby’s 153-lot sale of Russian contemporary art in London on March 12 totaled £4.1 million ($8.3 million); it was 75 percent sold by lot, 87 percent by value. Read More

While worldwide auction sales enjoyed strong growth in 2007, sales in France remained stable at approximately €E2.2 billion ($3 billion), according to the annual report issued by the Conseil des ventes, the state auction watchdog. Read More

In late January in Shanghai, the French firm ArtCurial became the first foreign auction house to to hold a sale under its own banner in mainland China—four months after acquiring premises in the city. Read More

The Los Angeles Art Show, now in its 13th year, was held from Jan. 23-27, once again at the Barker Hanger, Santa Monica Airport. Read More

Shinwa Art Auction’s contemporary art sale on Nov. 17 realized ¥460.73 million ($4.2 million), up considerably from the sale total of ¥182.91 million ($1.5 million) last April (ANL, 6/12/07). Read More

With Christie’s and Sotheby’s preferring to sell modern and contemporary art in Paris in December rather than during the Foire Internationale d’Art Contemporain (FIAC), the annual fair that ran this year from Oct. 17-22, the stage was cleared for two established Paris auction houses to enjoy the spotlight: Artcurial and Cornette de Saint-Cyr. They produced unprecedented results for the French capital, netting more than E50 million ($71 million) between them. Read More

The annual Coeur d’Alene Art Auction of Western art once again reached a new high and set several records for individual artists. The auction, held July 28 at the Grand Sierra Resort in Reno, Nev., fetched a total of $35.1 million for 307 lots offered, against a presale high estimate of just under $29.8 million. Only seven lots went unsold. This tops last year’s record total of more than $27.4 million for 275 lots sold and far exceeds the 2005 and 2004 totals of $21 million and $18.1 million, respectively. Read More