Author Archives: Colin Gleadell

ARTnewsletter Archive

2011: Momentum Cools After Strong Start

Art market activity in 2011 started with a bang, but finished the year on a more subdued note. Read More

ARTnewsletter Archive

New Discoveries, New Records At London Old Master Sales

Recent Old Master sales in London (Dec. 6–8) had their fair share of discoveries and fresh attributions, resulting in several better-than-expected and record prices. Read More

ARTnewsletter Archive

Bidding is Robust at Christie’s and Bonhams

The largest concentration of works by Laurence Stephen Lowry was at Christie’s, which offered 14 Lowry paintings from the collection of Lord Charles Forte, the catering magnate who died in 2007. Read More

ARTnewsletter Archive

Modern British Art Rallies to Record Levels

Sotheby’s, Christie’s and Bonhams all held sales of modern and 20th-century British and Irish art (Nov. 15–17). Read More

ARTnewsletter Archive

Twombly Tops $71M Evening Sale at Phillips

After opening proceedings for the fall contemporary art sales in New York with a small but prestigious sale to raise funds for the Solomon R. Guggenheim Museum on Nov. 7, Phillips de Pury & Company moved swiftly into the main part one sale. Read More

ARTnewsletter Archive

$43M Lichtenstein Crowns Christie’s Contemporary

Christie’s mixed-owner part one sale on Nov. 8, totalled $220.8 million including buyers’ premium, against a pre-sale estimate of $215 million/298 million excluding the premium, so, technically, the sale fell below the estimate. Read More

ARTnewsletter Archive

Norton Collection Jumpstarts Christie’s Auction Series

Christie’s opened its part one sale on Nov. 8 with 26 lots from the collection of software magnate Peter Norton, and all of the works found buyers, for a total of $26.8 million against an estimate of $11.2 million/15.9 million. Read More

ARTnewsletter Archive

Rare Clyfford Stills Spark Bidding Wars at Sotheby’s $316M Sale

Much like the Frieze week auctions in London (ANL, 10/18/11), the last evening sale of the week saw the market reach a climax, only this time it was Sotheby’s, not Christie’s, that sent people home with the idea that the value of art is untouchable. Read More

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London Contemporary Sales Surge Again

Who bought what at the recent auctions Read More

ARTnewsletter Archive

Bonhams Marks Return to Contemporary With $3M Sale

Bonhams held a contemporary art sale in London—its first in several years—on Oct. 13. Headed by former Christie’s and Phillips de Pury & Company specialist Anthony McNerney, the new department boasts former Sotheby’s and Christie’s employees as well as some from Benjamin Brown’s gallery, for whom McNerney also briefly worked. Read More

ARTnewsletter Archive

Selective Bidding at Sotheby’s Main Event

Sotheby’s part one contemporary art sale on Oct. 13 fell short of its hammer-price estimate of £19 million/26 million, realizing £17.8 million ($28 million) including buyers’ premium, or £15.1 million ($23.7 million) at hammer prices. Read More

ARTnewsletter Archive

Italian Art Sparks Competitive Bidding at Evening Auctions

Christie’s Italian art sale was almost exclusively focused on Postwar Italian art and realized £17.5 million ($27.7 million) against a £15.7 million/22.6 million estimate, with 33 or 70 percent of 47 lots selling. Read More

ARTnewsletter Archive

London Contemporary Sales Surge Again

The ever-expanding London October art season, pegged to the annual Frieze Art Fair, underscored the strength and resilience of the contemporary art market, which—with the exception of a few weak spots—continues to surge and shrug off broader economic woes. Read More

ARTnewsletter Archive

Contemporary Auctions Open On a Cautious Note

Phillips de Pury & Company got the Frieze week auctions off to a slightly nervous start on Oct. 12 with a short, 35-lot sale in which 23 or 65.7 percent of lots were sold for £8.2 million ($12.9 million). Read More