Share:Deborah BrewsterSales in the art market this week exceeded even the most optimistic expectations, with buyers at major New York sales defying widespread fears of a market slump as a result of the credit crisis.Sotheby’s had its biggest sale ever by dollar value on Wednesday night, selling $362m worth of contemporary works. It sold a […]
Share:Deborah BrewsterWhen Roman Abramovich, the Russian metals and minerals tycoon, and Sheikh Saud al-Thani, from the Qatari royal family, both showed up this month at the Basel art fair, their presence caused a stir but no surprise. The commodities market and the art market have grown unlikely links.The huge wealth from oil and mining in […]
Share:Analysis Rachel Campbell Johnston If you’ve got a bruiser of a Francis Bacon on your drawing-room wall then you have probably grown used to its visual punch. You may not want an Impressionist next. However lovely a painting by Alfred Sisley may be, with its pointillist dots scattered daintily across the canvas, it will look […]
Share:Art Market Monitor Four Artists Get Evening Sale BillingSotheby’s makes a concerted effort to break out Contemporary Indian and Pakistani artists in their evening Contemporary art sales. With eight works estimated at a combined value of $4 million, Sotheby’s hopes the sale will continue a trend that promises to refresh and renew the Contemporary art […]
Share:Christie’s and Sotheby’s expect contemporary works to fetch millions of pounds AMIT ROYSubodh Gupta’s untitled canvas and (above) Raqib Shaw’s Chrysanthemum & Bee, to be auctioned at Sotheby’sLondon, June 25: India in transition appears to be the theme of works by contemporary Indian artists, especially Subodh Gupta from Bihar, which are due to be sold […]
Share:By Deborah Brewster in New York The big June art sales, which start Tuesday in London, are expected by the auction houses to break more records as collectors from commodities-rich regions such as Russia and the Middle East emerge to fuel the decade-long boom in the art market.Sotheby’s and Christie’s, the two main auction houses, […]
