ZURICH (REUTERS).- Demand for art, watches, rare wines, vintage cars and other offbeat investments that set pulses racing expanded in 2010 as wealth levels of the world’s super-rich rebounded from the financial crisis, a report said. “The value of many…
Claude Monet’s Les Peupliers" Set to Fetch $25 Million at Christie’s Auction in New York
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 …
China Overtakes Britain as the World’s Second Largest Art and Antiques Market
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…
With Financial Crisis a Distant Memory and as Art Market Booms, Some See the Risk of Bust
LONDON (REUTERS).- At the top end of the art market, the financial crisis seems a distant memory — surging prices saw Christie’s and Sotheby’s post impressive 2010 results that were back to, or above pre-crisis levels. Yet while the market leaders are…
With Financial Crisis a Distant Memory and as Art Market Booms, Some See the Risk of Bust
LONDON (REUTERS).- At the top end of the art market, the financial crisis seems a distant memory — surging prices saw Christie’s and Sotheby’s post impressive 2010 results that were back to, or above pre-crisis levels. Yet while the market leaders are…
Surrealism, Botero in Latin America Auctions this Week at Christie’s and Sotheby’s
NEW YORK (REUTERS).- A voodoo-inspired Cuban work and a portrait of a bullfighting family by Colombian Fernando Botero top this week’s Latin American art auctions at Sotheby’s and Christie’s in New York. Christie’s expects to see sales of up to $26 mil…
$35 Million Andy Warhol Coke Bottle Lifts Sotheby’s Contemporary Art Auction
NEW YORK (REUTERS).- A black-and-white Coke bottle on canvas by Andy Warhol sold for $35.36 million on Tuesday at Sotheby’s robust contemporary and post-war art auction. The sale of 54 works, an impressive 91 percent of which found buyers, totaled $22…
$35 Million Andy Warhol Coke Bottle Lifts Sotheby’s Contemporary Art Auction
NEW YORK (REUTERS).- A black-and-white Coke bottle on canvas by Andy Warhol sold for $35.36 million on Tuesday at Sotheby’s robust contemporary and post-war art auction. The sale of 54 works, an impressive 91 percent of which found buyers, totaled $22…
Qing Dynasty Vase Smashes World Record in Glowing China Art Sales at Sotheby’s
HONG KONG (REUTERS).- A Chinese Qing dynasty vase sold for HK$253 million (20.2 million pounds) in a Sotheby’s sale in Hong Kong on Thursday, a world record at auction for any Chinese porcelain. “This is definitely a milestone,” Nicolas Chow, the Deput…
Qing Dynasty Vase Smashes World Record in Glowing China Art Sales at Sotheby’s
HONG KONG (REUTERS).- A Chinese Qing dynasty vase sold for HK$253 million (20.2 million pounds) in a Sotheby’s sale in Hong Kong on Thursday, a world record at auction for any Chinese porcelain. “This is definitely a milestone,” Nicolas Chow, the Deput…