NEW YORK (REUTERS).- Buoyed by record results amid a dramatic art market recovery and an increasingly global clientele, Christie’s and Sotheby’s are gearing up for spring auctions with nearly $1 billion of art for sale. Last year proved one of the bes…
New York City.- Sotheby’s Impressionist & Modern Art Evening Sale on 3 May 2011 in New York will offer an impressive range of paintings and sculpture from across the period. A spectacular group of 10 paintings by Pablo Picasso will be le…
HONG KONG.- Auction giant Sotheby’s (BID.N) sold $447 million worth of Asian art, wine, watches and jewellery in its Asian spring sales, in another bullish showing for the Chinese art market despite weak results for a monumental collection of Chinese c…
LONDON.- Sotheby’s Sale of Contemporary Turkish Art today achieved a total of £2,332,175 ($3,800,512), within pre-sale expectations (est. £2-3 million). The auction established sell-through rates of 65.7% by lot and 75.4% by value, and set 13 n…
PARIS.- During the past decade, two strong trends have emerged: firstly, as per the words of Thierry Ehrmann, the Ceo and founder of Artprice, the world leader in art market information, “we have seen a veritable revolution in the geopolitics of the gl…
NEW YORK, NY.- ArtTactic’s newest survey of the Chinese contemporary art market reflects what many in the art world have suspected over the past six months: the confidence of Chinese collectors in contemporary art has now made China the “most…
LONDON (REUTERS).- Christie’s auctioneers will offer a portrait by Lucian Freud which it described as “seminal” in the career of the British artist at a sale in London on June 28. “Woman Smiling,” painted in 1958/9, is the only single portrait Freud ma…
NEW YORK, N.Y. (REUTERS).- A pristine Monet masterpiece from the artist’s celebrated “Poplars” series will be featured at Christie’s in May, when it is expected to sell for as much as $30 million, the auction house said on Friday. “Les Peupliers,” the …
BEIJING (REUTERS).- China’s maiden “art stock exchange” has halted trade in its top two paintings after their share prices soared 1,700 percent and ignited concerns that a new bubble was bursting. Just two months after the Tianjin Cultural Artwork Exch…
LONDON (REUTERS).- China overtook Britain as the world’s second largest art and antiques market last year, a new report showed, and British art officials voiced concern that an EU levy planned in 2012 would further undermine its position. “The Global A…
