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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


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COURTESY SOTHEBY'S

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


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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


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sothebys-copy-300x300

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


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TKTK

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


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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


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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


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The work in question.

COURTESY CHRISTIE'S

A Bigger Version of Christie’s $22 M. Léger Sold in 2001 for $5.7 M.

One of the top lots at Christie’s Impressionist and Modern Sale this Wednesday evening will be Fernand Léger’s Les constructeurs avec arbre (1949–50), a penis-heavy oil on canvas work that clocks in at 42 5/8 x 54 3/8 inches. It … Read More


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COURTESY CHRISTIE'S

Christie’s Will Open New Galleries This Month Focused on Private Sales

Christie’s New York will expand its ground-floor exhibition space at Rockefeller Plaza in November with new galleries that will display art available for private sale. The 11,000-square-foot space, called the West Galleries, was designed by Selldorf Architects and includes five … Read More


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Installation view of Dave Hardy's recent show at Churner & Churner, with Jane Fonda (2014) in the ground.COURTESY CHURNER & CHURNER

New York’s Churner & Churner Gallery Will Close

After almost four years in business, Chelsea’s Churner & Churner gallery will close at the end of November. The gallery made the announcement over the weekend, releasing information for a final exhibition, “The Last Picture Show,” which will feature work … Read More


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The work in question.

COURTESY SOTHEBY'S

Sotheby’s $50 M. Van Gogh Actually Failed to Sell in 1990

Sotheby’s has put together an impressive evening sale for next week, led by two guaranteed works estimated to go for above $100 million and $45 million each (by Alberto Giacometti and Amedeo Modigiani, respectively). The catalogue cover lot for the … Read More


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The work in question.

COURTESY ART DAILY

David Wojnarowicz Photograph Sets Artist Record at Bonhams

Art Daily reports that a photograph by David Wojnarowicz has set a new record at Bonhams auction house, selling for $125,000, four times the high estimate. The artist’s previous record, according to Artnet, was $122,500, achieved at a Christie’s afternoon … Read More


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FIAC.PHOTO BY LILI ROSBOCH FOR ART NEWS

French Connections: Kenny Schachter at FIAC

Kenny Schachter is a London-based art dealer, curator, and writer. The opinions expressed here are his own. On the heels of the Frieze art fair in London, I was off to FIAC in Paris, a breather before November’s monster modern … Read More


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COURTESY ART BASEL HONG KONG

Art Basel Now Owns Art Basel Hong Kong Outright

In a quiet Friday afternoon email, the Art Basel organization announced that its owner, MCH Group, has acquired the final 40 percent of Art Basel Hong Kong. The deal news is minor since MCH already purchased 60 percent of the … Read More