The Artist as Philanthropist
At a time when government and corporate support is decreasing, artists’ foundations are becoming increasingly influential Read More
Sotheby’s sale of Israeli and international art in New York on Dec. 14, achieved a total of $5.5 million, up from the $3.5 million achieved last year and for a smaller offering of lots this time. Read More
Christie’s sale of Victorian and British Impressionist art in London on Dec. 15 scored two records and realized a total of £2.94 million ($4.5 million) for 89 lots offered. Read More
Christie’s sale of Elizabeth Taylor’s private collections was dominated by high-profile offerings of million-dollar jewels, but the actress’s celebrity cachet also helped to push prices of several fine artworks far higher than expected. Read More
Fall auctions of American art at Christie’s and Sotheby’s realized $50.4 million, up from $48.2 million, but still well below the $57.4 million achieved in the 2009 sales. Read More
Art Miami organizers reported record attendance of 55,000 visitors, up from 50,000 last year and 36,000 in 2009. Read More
Latin American art auctions at Christie’s and Sotheby’s, Nov. 15–17, realized $40.2 million, compared with $43.4 million achieved last year (ANL, 11/30/10). Read More
On Nov. 7, with the major fall auctions in full swing, Sotheby’s posted third-quarter earnings that showed a net loss of $29.7 million, wider than the $19.4 million net loss reported last year. Read More
Postwar and contemporary art sales surged again at the major fall auctions as fresh material sparked competitive bidding from buyers all over the world and affirmed the continued strength of the market. Read More
Christie’s and Sotheby’s evening sales paint very different pictures of the health of the market Read More
Despite realizing $140.8 million in its evening sale on Nov. 1, Christie’s major Impressionist and modern art offering was widely viewed as a disappointment, especially since it marked the start of the fall season, as one high-priced lot after another—many by blue chip artists whose works are typically highly sought after—failed to sell. Read More
Sotheby’s officials appeared elated following the house’s Nov. 3 evening sale of Impressionist and modern art, as all of the top lots met or exceeded expectations and reasonable estimates encouraged healthy bidding throughout the sale. Read More