Market

ARTnewsletter Archive

Selective Buying at Sotheby’s Sale

Sotheby’s April 3 sale of photographs realized a total of $3.8 million for 203 lots offered, down from last spring’s $5.8 million realized for 173 lots offered. Read More

ARTnewsletter Archive

Healthy Demand at Spring Photography Auctions

Spring photography auctions, held immediately after the major annual (Association of International Photography Art Dealers) show (ANL, 4/10/12), pointed to an overall healthy market, though volume was down from last spring and buying appeared to be selective. Read More

ARTnewsletter Archive

Banksy Leads Bonhams Sale

The March 29 Urban Art sale held at Bonhams, London, realized £747,300 ($1.2 millon), falling within the £720,000/1 million estimate and indicating healthy demand for this relatively new sale category at auction. Read More

ARTnewsletter Archive

New Leader Breathes New Life Into Art Paris Fair

This year’s edition of the Art Paris art fair, held at the Grand Palais from March 29–April 1, presented artworks by 120 galleries and welcomed a total of 48,000 visitors. But, whereas attendance remained stable and was comparable with 2011 levels, this year’s fair promoted change—new leadership under fair manager Guillaume Piens, the former artistic director of Paris Photo who took over from Lorenzo Rudolf—and a focus on renewed quality and coherence of the works on display. Read More

ARTnewsletter Archive

Paris Auctions: Vibrant Market for 19th-Century, Old Master Drawings

Three sales held by Sotheby’s, Christie’s and ArtCurial that coincided with the city’s prestigious Old Master drawing fair, the Salon du Dessin, pointed to a lively and vibrant market for Old Master through modern drawings. Ketty Gottardo, director of the department of Old Master and 19th-century drawings at Christie’s France, said: “Old Master and 19th-century drawings once again inspired vivid interest in international collectors, who expressed a particular taste for masterpieces from the 17th and 18th centuries, such as drawings by Claude Lorrain.” Read More

ARTnewsletter Archive

Photo Dealers Report Healthy Sales at AIPAD Show

The Association of International Photography Art Dealers (AIPAD) recently wrapped up its annual show (March 29–April 1) at the Park Avenue Armory in Manhattan. Toronto photography dealer Stephen Bulger, who is completing his second two-year term as head of the AIPAD, told ARTnewsletter: “Everyone I spoke with sounded pretty happy. I’ve never been happier or more relieved.” Read More

ARTnewsletter Archive

Warhols Lead at London Print Sales

London print sales at Christie’s and Sotheby’s (March 28–29), ranging from Old Master to modern and contemporary works, saw solid demand and yielded healthy overall totals. Read More

ARTnewsletter Archive

Two Top Galleries to Expand in Chelsea District

Two major Manhattan galleries have announced plans to expand their operations in the Chelsea gallery district. Read More

ARTnewsletter Archive

Paris Auction Roundup: Picture of a Lively Market

The Artcurial | Briest – Poulain – F. Tajan auction house in Paris held several sales in March with solid results. 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

Solid Results at Sotheby’s Midseason Imp/Mod Sale

Sotheby’s March 14, midseason sale of Impressionist and modern art, including Russian art, realized $2.6 million, for 137 lots offered. Read More

ARTnewsletter Archive

Collector Sues Berry-Hill Over Promised Painting Sale

Berry-Hill Galleries is facing a new lawsuit, filed in New York earlier this month, by a collector who alleges that the gallery promised to sell a painting but failed to do so. 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

Asian Art Sales Dip From Year-Ago Highs

Asian art sales held in New York the week of March 19–23, yielded lower overall volumes than last year, despite broad international demand for certain categories. Read More