Share: Shattered sales records have become standard fare in recent years, so something extraordinary was afoot when even industry veterans did a double take last month. Christie’s sold a Picasso in New York for $179.4 million – the highest price paid for a single work of art at auction. That heady news capped a furious […]
Share:Sales of traditional Chinese paintings and old masters notched up firm results at Christie’s autumn sales in Hong Kong, outshining Chinese contemporary art. Christie’s, hit by anemic spring sales due to the financial crisis, had been banking on the current autumn sales in Hong Kong, now the firm’s third biggest arts hub after New York […]
Share:Georgina Adam 19.1.09 Issue 198 The general economy and also the art economy is clearly headed for some choppy waters…” This is what mega-dealer Larry Gagosian told his staff in a tough-talking, if ungrammatical, memo published last November in Flash Art, as the global financial meltdown continued to panic investors, the US recession was officially […]
Share:Chris Gill 7.1.09 Issue 198 – The Art Newspaper Artists in China are packing up their studios in overpriced venues such as Beijing’s 798 art district and Shanghai’s M50. For the Chinese art world 2008 has been a mixed bag. Foreign buyers are still the mainstay, and although the Beijing Olympics did bring an influx […]
Share: Artdaily Exquisite white jade carvings dating largely to the Qianlong Period (1736–95), are offered from a private English collection. With estimates ranging from £4,000 to £200,000. Christie’s Images Ltd. 2008 LONDON.- The continuing international appeal of Asian Art was demonstrated in the September New York sales which realised $51.1 million, the second highest total […]
Share: With relatively little off-limits, artists are producing diverse and often controversial works. By CHELSEA MASON Imagine an investment that returns over 6,000% over twelve years. This is exactly what some collectors of contemporary Chinese art are receiving at recent auctions around the world. Last year, collector Howard Farber sold Wang Guangyi’s 1996 painting “The […]
Share: The Economic Times LONDON : Auction house Christie’s says it has recorded a 63% growth entirely due to the emergence of Indian and Chinese buyers of both their own art and western art. Christie’s total worldwide sales in the first half of this year amounted to £1.8 billion, a rise of 10% on the […]
