Author Archives: Colin Gleadell

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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

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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

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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

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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

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Sales Heat Up at Frieze Opening

The opening day of the Frieze Art Fair on Oct.12, was less crowded and frantic than in the past, but there were sufficient sales by dealers to give the market a sense of optimism. Read More

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Grimshaw’s Work Draws Wide Audience

Dame Eileen Atkins, the celebrated actress and co-creator of the original Upstairs, Downstairs, recently opened the John Atkinson Grimshaw exhibition at the Richard Green Gallery (ANL, 9/13/11) on New Bond Street on Sept. 20. Read More

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Portraits Lead Cowdray Auction

Elizabethan portraits accounted for five of the top-ten selling lots at Christie’s sale of the contents of Cowdray Park (Sept. 13-15). Four were full-length female portraits which had belonged to Lord Willoughby de Broke of Compton Verney until 1921, when they were bought by the second Viscount Cowdray. Read More

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Bonhams Bolsters Presence In Contemporary Art

Since Bonhams announced its proposed £30 million rebuilding program this summer, it is becoming clearer that the company means business. While it is cutting down on its outpost activities in Knowle in the Midlands, and in Dubai, it is expanding in more important areas, namely contemporary art. Read More

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Jeff Koons Lends Cache to New Old Master Fair in Paris

A new art fair specialising in Old Master paintings is to be launched in Paris in November and has had the brainwave of inviting one of the world’s most successful contemporary artists, Jeff Koons, to lend works from his Old Master collection. Read More

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Hits and Misses at Bonhams Scottish Art Sale

Bonhams achieved its highest total to date for a series of Scottish art and antiques sales in Edinburgh last month when it sold all but 16 percent of 775 lots for £3.4 million ($5.5 million). Read More

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Chapmans’ Marked-Up Old Master Brings $1.2 Million

LONDON—An Old Master painting that sold at auction for £39,000 ($80,000) less than four years ago, recently sold for £750,000 ($1.2 million) after having been altered by contemporary artists Jake and Dinos Chapman and included in their latest exhibition at White Cube gallery, London. Read More

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Bet on Sporting Art Pays Off At Bonhams and Christie’s Sales

Offering 22 watercolours in one sale by the 19th-century Scottish bird and game artist Archibald Thorburn was seen by some observers as a test of the market. Read More