Market News

Simon de Pury Will Curate at 3 Grafton Street in London

What’s up next for Simon de Pury, the former head of the auction house formerly known as Phillips de Pury and Co. and former host of that former Bravo show about art? Georgina Adam has the answer in her Financial … Read More

Market News
George Washington's Thanksgiving Proclamation.

George Washington’s Thanksgiving Proclamation Is Available for $8.4 M.

Keno Auctions is selling a copy of the Thanksgiving Proclamation, signed by George Washington, for $8.4 million. The document, which is the only one of its kind in private hands (another Washington-signed copy has been in the collection of the … Read More

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The Wayne.


Auction Start-Up Auctionata Pulls In $675,000 at Contemporary and Modern Sale

Art Market Monitor crunches the numbers on the Berlin-based auction start-up Auctionata’s first sale in New York which totaled about $675,000, which, they write, “is not a bad result for a first sale, especially when the company was able to … Read More

Market News
The Grand Palais during the Paris Photo art fair, earlier this month.

Dealer on Fairs: ‘We Have to Do Them… People Don’t Buy From Galleries Any More’

The Financial Times just posted its report from the Paris Photo art fair which includes a paragraph about the current proliferation of art fairs. It reads: At a time when most gallery staff barely touch home base before they’re packing … Read More

Market News

Lost Dylan Thomas Notebook Will Hit the Block at Sotheby’s London In December

Coinciding with the 100th anniversary of Dylan Thomas’s birth, Sotheby’s will sell a previously undiscovered notebook by the poet dating to the 1930s, which Thomas’s mother-in-law had given to a member of her household staff to incinerate, though the servant … Read More

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Tauba Auerbach, Untitled (Fold), 2010, acrylic on canvas. COURTESY PHILLIPS.

Records for Danh Vo, Tauba Auerbach and Rashid Johnson at $52 M. Phillips Contemporary Art Sale

Earlier tonight Phillips ended the week of contemporary art auctions in New York with a small sale that saw new records for Danh Vo, Tauba Auerbach and Rashid Johnson but brought in just $51.96 million with premium, below the evening’s … Read More

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009- Andy Warhol - Triple Elvis

Christie’s Contemporary Art Sale Nets $852.9 M., All-Time Auction Record

Records fall for Twombly, Ruscha, Doig, Kippenberger, Sturtevant, Price, and more Read More

Market News

FIAC Los Angeles Delayed Until 2016

The inaugural Los Angeles edition of the Paris-based FIAC fair has been pushed from March 2015 to sometime in 2016, its organizers announced. “In order to satisfy the requirement level of the galleries,” the fair organizers write, “FIAC has listened to … Read More

Market News

Watch Record Set at Sotheby’s and Yet Time Marches On

In this era of auction records, let us not forget watches, and the people who love them. A Patek Philippe gold pocket watch from 1932 set a record for most expensive watch ever sold Tuesday night at Sotheby’s in Geneva, … Read More

Market News
Jasper Johns’s 1983 Flag trounced its $15 million-to-$20 million estimate, selling for $36 million with premium.

$36 M. Flag Sets Jasper Johns Record at Sotheby’s $343.7 M. Contemporary Art Auction

Sotheby’s kicked off New York’s contemporary art auctions this week with a modest sale, led by a $44.97 million Mark Rothko painting from 1951, that saw new records for Jasper Johns, Glenn Ligon, Robert Ryman, and Jean Dubuffet. However, despite the house’s best efforts, the … Read More

Market News

Sotheby’s Q3 Revenue Drops 12.7 Percent Compared to Q3 2013

Sotheby’s released its quarterly earnings statement this morning, which shows (among other things) that Sotheby’s total revenue for the third quarter dropped 12.7 percent compared with the same period last year. The third quarter represents the three months before September … Read More

Market News

At the IFPDA Print Fair, a Complete Picasso Suite, ‘The Book of Only Enoch,’ and Quite a Bit More

Thursday afternoon, out of the rain and through the broodingly dark wooden lobby of the Park Avenue Armory on Manhattan’s Upper East Side, a much brighter carpeted showroom played host to the 23rd Annual IFPDA Print Fair, which opened Wednesday. The … Read More

Market News
Manet's Le Printemps (1881) sold for $65.1 million, easily besting its $25 million to $35 million estimate.

Record $65.1 M. Manet Leads Christie’s to Solid $165 M. Impressionist-Modern Total

Christie’s brought in $165.64 million at its Impressionist and modern auction earlier this evening, a tight, hour-long affair that met the relatively modest goals the house set for itself, with just 4 of the 39 lots failing to find buyers, and 20 of … Read More

Market News
Alberto Giacometti, "Chariot," property of a distinguished private collector,  sold for $100,965,000

Sotheby’s Brings in $422 M., Its Highest Total Ever, at Impressionist and Modern Sale

Sotheby’s Impressionist and modern auction kicked off the fall auction season last night with a $422 million opener that represented the house’s highest-ever total for a single auction. Only in today’s overheated art market could a $422 million auction be … Read More