Market


ARTnewsletter Archive

Sotheby’s Holds Its Own With Solid Contemporary Sale

The contemporary art market powered on at Sotheby’s on May 9 when $266.6 million was garnered, well within the $216 million/304 million estimate, establishing another batch of record prices. Read More


ARTnewsletter Archive

Spring Art Auctions: $1.4 Billion in Two Weeks

A surge in overall contemporary art sales at this year’s spring auctions, a two-week series that began with Impressionist and modern art, helped propel the season to $1.4 billion, one of the highest totals in recent years, but still below the $1.75 billion peak of the previous market boom reached in fall 2007 (ANL, 11/27/07). Read More


ARTnewsletter Archive

Mixed Results at Shannon Sale

There were a few bright spots in an otherwise lackluster American and European art sale at Shannon’s in Milford, Conn., on April 26, including the $96,000 final price paid for New York street artist Paul Cornoyer’s undated painting A Spring Day, New York, which exceeded its $60,000/80,000 estimate. Read More


ARTnewsletter Archive

Vibrant Demand at Christie’s Sale of Victor Hugo Collection

Christie’s Paris celebrated the 210th anniversary of the birth of French writer Victor Hugo with the auction of “The Hugo Collection,” held on April 4, featuring artwork and memorabilia. Read More


ARTnewsletter Archive

Mood Is Upbeat at Art Cologne

The 46th edition of the Art Cologne fair was a solid success, with exhibitors and visitors commenting on the spacious layout and high quality of the works on offer. Read More


ARTnewsletter Archive

Christie’s $117M Evening Sale: Short But Powerful

Christie’s opened the spring season with a short but powerful evening sale of Impressionist and modern art on May 1 that realized $117 million for 31 lots offered. Read More


ARTnewsletter Archive

Record-Breaking ‘Scream’ Highlights Solid Spring Auctions

Sotheby’s made auction history at its evening sale on May 3, when a version of Edvard Munch’s iconic artwork, The Scream, 1895 became the most expensive painting ever sold at auction, realizing a total of $119.9 million, with premium, after being hammered down at $107 million. Read More


ARTnewsletter Archive

Museum, Gallery Shows Draw Wide Audience for Kehinde Wiley

The upcoming show of 12 new works by Kehinde Wiley at the Sean Kelly Gallery in Manhattan (May 6–June 16) will overlap the well-received “Kehinde Wiley/The World Stage: Israel” show of 14 large-scale paintings by the artist, on view through July 29 at the Jewish Museum in Manhattan. Read More


ARTnewsletter Archive

Robust Demand at Sales of Prints and Multiples

Prints and multiples sales in late April yielded healthy results at Swann, Christie’s and Phillips de Pury & Company. Read More


ARTnewsletter Archive

Fisk Wins Lengthy Fight to Leverage Art Collection

Ending a six-year-long saga, the Tennessee Supreme Court refused an appeal from the state’s attorney general, Robert Cooper, to overturn an appellate court ruling that would permit the Nashville-based Fisk University to sell a 50 percent stake in a 101-piece art collection, donated by artist Georgia O’Keeffe to the Crystal Bridges Museum of American Art, Bentonville, Ark. Read More


ARTnewsletter Archive

New Records at Orientalist and 19th-Century Painting Auctions

Ahead of the major spring Impressionist and modern art sales taking place in New York in the first week of May, 19th-century paintings drew strong prices at auctions in New York and London, including at sales of Orientalist art. Read More


ARTnewsletter Archive

Loeb Collection A Sell Out At Sotheby’s Paris

In an auction on April 5, Sotheby’s Paris presented Sources et Affinités, auctioning works from the collection of Florence Loeb, the daughter of Pierre Loeb, the visionary Paris dealer and founder of the Galerie Pierre in Paris, which closed in 1963. Read More


ARTnewsletter Archive

Brisk Sales at Salon du Dessin

The 21st edition of the Salon du Dessin, the prestigious, annual, antique drawing fair, was held March 28–April 2 at the Palais de la Bourse, the city’s former stock exchange. Read More


ARTnewsletter Archive

Consignor Files Lawsuit Over Withdrawn Auction Lot

On April 9, Sotheby’s and artist Cady Noland were the target of new allegations in a suit brought by a consignor whose artwork was withdrawn from a contemporary art sale last fall. Read More