Author Archives: Colin Gleadell


ARTnewsletter Archive

Gunter Sachs Collection Soars Past Estimates

Less than two weeks after New York auction houses racked up nearly $900 million in contemporary art sales at spring auctions, demand was still robust as Sotheby’s London saw works from another private collection surge past estimates. Read More


ARTnewsletter Archive

Modern British Art a Standout At London Sales

LONDON—Modern British art easily outperformed the new sales mix of Victorian, early 20th-century, sporting, marine, Irish, and Scottish art, at Sotheby’s in London on May 10–11. The latter, a combination of several, previously stand-alone sale categories that have been experiencing dwindling results wrapped into one catalogue, felt like a random mixture, observers said. Read More


ARTnewsletter Archive

Sotheby’s Holds Its Own With Solid Contemporary Sale

The contemporary art market powered on at Sotheby’s on May 9 when $266.6 million was garnered, well within the $216 million/304 million estimate, establishing another batch of record prices. Read More


ARTnewsletter Archive

Spring Art Auctions: $1.4 Billion in Two Weeks

A surge in overall contemporary art sales at this year’s spring auctions, a two-week series that began with Impressionist and modern art, helped propel the season to $1.4 billion, one of the highest totals in recent years, but still below the $1.75 billion peak of the previous market boom reached in fall 2007 (ANL, 11/27/07). Read More


ARTnewsletter Archive

Maastricht Maintains Premier Status as Fair Turns 25

The European Art Fair (TEFAF) celebrated its Silver Jubilee in Maastricht, March 16–25, attracting 72,000 visitors, among whom were collectors from the US, Europe, China and the Middle East, and representatives of 234 different museums from around the globe. Read More


ARTnewsletter Archive

Prices Soar at Final Sale of Serge Lifar Collection

Buyers were on a high at the March 13 sale of the collection of dancer Serge Lifar’s estate, held at auction house Hôtel des Ventes, Geneva. Read More


ARTnewsletter Archive

Bonhams Contemporary Falls Short of Expectations

Bonhams started London’s winter contemporary art sales on Feb. 13. Read More


ARTnewsletter Archive

A Short But Solid Evening Sale At Phillips de Pury & Co.

Phillips de Pury & Company rounded off the week with a small, but solid, sale in which 23 out of 25 lots were sold, mostly below estimates. Read More


ARTnewsletter Archive

Richter Stars Again at Sotheby’s

Sotheby’s picked up where Christie’s left off and continued in much the same vein for its evening sale of contemporary art on Feb. 15. Read More


ARTnewsletter Archive

International Demand Drives Robust Contemporary Sales

Contemporary art sales in London at Christie’s, Sotheby’s, Bonhams and Phillips de Pury & Company (Feb. 13–16) pulled in a healthy total of £182.9 million ($287.2 million), compared with the £187.4 million ($303.6 million) achieved last February (ANL, 3/8/11). Read More


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Hits and Misses at Sotheby’s Impressionist/Modern Auction

The market felt several degrees cooler at Sotheby’s shorter and less-than-jam packed Impressionist and modern art sale on Feb. 8. Although a healthy 77 percent of the 53 lots offered were sold, three of the four highest-estimated lots were unsold, and the £78.9 million ($125.5 million) total barely scraped the lower end of the presale £77.3 million/111.2 million estimate. Read More


ARTnewsletter Archive

$30M Moore Sculpture Stars at Christie’s Evening Sale

Christie’s evening Impressionist and modern art sale on Feb. 7 got London’s fortnight of major sales off to a flying start with a £135 million ($213 million) auction that exceeded its presale estimate of £86 million/127 million. Of 88 lots offered, 76, or 86 percent, were sold and the auction achieved several notable record prices. The sale was a big improvement on last February’s £84.9 million ($135.8 million) total, and included the traditional Surrealist art section, which achieved £37 million ($58.8 million), the highest yet for a Christie’s London Surrealist sale. Read More


ARTnewsletter Archive

London Sales Soar to Record Levels

Christie’s and Sotheby’sLondon series ofImpressionist and modern artauctions brought in £256.7million ($405.6 million), up from the year-ago total of £248million ($399 million). Read More


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Exhibitions Spotlight Lucian Freud Drawings

When the National Portrait Gallery’s major show of Lucian Freud’s work opens next month (Feb. 9–May 27), it will include the fleshy life-size portrait—Benefits Supervisor Sleeping, 1995—that Russian billionaire Roman Abramovich paid a record $33.6 million for at Christie’s in 2008 (ANL, 5/27/08). Read More