Share:Sotheby’s two sets of Asia Week sales—in New York in mid-September and Hong Kong in early October—were overshadowed by the worldwide financial crisis. What the longer term trends in the market for Asian artworks will be cannot be known at this point because the sale results simply cannot be separated from the fact that the […]
Share: Sotheby’s, the auction house, has become the latest victim of the financial crisis after failing to make the high estimates it predicted for its contemporary art sales. By Urmee Khan Last Andy Warhol’s series of 10 skull paintings sold for £646,750 Photo: EPA The sales made a total of £43.9 million, down £11.4 million […]
Share:By Le-Min Lim Bloomberg – A Qing Dynasty imperial scroll that shows China’s Emperor Qianlong leading 16,000 troops may fetch more than HK$80 million ($10.2 million) in Hong Kong, said auction house Sotheby’s. The 15.5-meter Dayue Tu is the third of four handscrolls commissioned by Qianlong (reign: 1735-1796) in 1746 to show his military might, […]
Share:By Scott Reyburn Damien Hirst is to open a shop next to Sotheby’s in London’s New Bond Street, the artist’s publishing company, Other Criteria, said tonight in an e-mailed statement.The announcement comes three weeks before Sotheby’s holds its “Beautiful Inside My Head Forever” auction of new Hirst works. The 223-lot sale, to be held on […]
Share:Ashoke Nag KOLKATA: Sotheby’s is uncorking Indian contemporary photography at its September auction in New York. The auction is projecting photography as the next big development on the Indian artistic horizon. Each photographic image is estimated in the range of $5,000-15,000. Among the lots is ‘Fragments of a Wedding Diary’, the 3rd edition of 5, […]
Share:By William Lyons THE former boss of Scottish auctioneers Bonhams is aiming to tap into the growing number of international millionaires choosing to settle in Scotland with a new business aimed at providing bespoke interior management. Mark Richards, who ran the Edinburgh auction house for four years, says the fine art market in Scotland is […]
Share: HONG KONG.- Sotheby’s Hong Kong Autumn Sales 2008 will be held at the Hong Kong Convention and Exhibition Centre from 4th to 8th October 2008. The sales include Chinese and Southeast Asian modern and contemporary art, Chinese classical paintings and works of art, jewellery and watches. This year too, as a new addition to […]
Share:By Stephen Adams The stratospheric state of the global art market has been underlined by figures that show last month’s ‘Monet’ auction at Christie’s in London was the most lucrative in European history. The sale of Monet’s Le bassin aux nymphéas doubled the previous record for a work by the Impressionist artist Despite the global […]
Share:KOLKATA: Sotheby’s day sale of contemporary art in London has seen some Indian artists achieve tidy prices. Raqib Shaw’s Chrysanthemum & Bee,which was estimated at £80,000-120 ,000, has been picked up for £103,250 and Anish Kapoor’s After Marsyas, with an estimate of £70,000- £90,000, has sold for £109,250. At the same time, a Subodh Gupta […]
Share:By Eugenia Levenson Is there a bubble in the art market? Sales of high-end works defy expectations amid an expanding pool of oil-rich buyers.NEW YORK (Fortune) — Luxury these days is a tale of two markets: consumers continue to snap up high-priced Louis Vuitton bags even as they balk at paying full price for Coach […]
