Online estimate
Send us a photography and a description and questions, and we will return our point of view. Sumit estimate
Newsletter
News Summary
By Adrian Darmon
ZAO WOU KI STARS IN HONG KONG Works painted by Zao Wou Ki, the Franco-Chinese painter who died a few months ago, reached new heights at Sotheby's in Hong Kong during an auction sale held on October 5, 2013, which totaled HK 1, 132,470,003 (almost 145,19 million USD) thanks to bidders from 25 countries. Link
DEATH OF WALTER DE MARIA Walter De Maria, an artist who specialised in monumental sculptures and installations died at 77 from a stroke sufferedf two months ago on July 26, 2013 in Los Angeles. Link
CHRISTIE'S WORLDWIDE SALES FOR THE FIRST SIX MONTHS OF 2013 UP BY 9% OVER LAST YEAR For the first six months of 2013 Christie's realised worldwide sales of 2.4 Billion GBP ($3.68 billion), up 9% on the same period last year (figures include buyer's premium) Link
OLD MASTERS NO LONGER THE PRIVATE GROUND OF U.S AND EUROPEAN BUYERS The domain of Old Master paintings met a revival, though tiedous, early in July 2013 in London thanks to active biddings from buyers of emerging countries at Sotheby's and Christie's. Link
CHRISTIE'S SALE OF POST-WAR & CONTEMPORARY ART TOPS 70 MILLION GBP IN LONDON Christie's realised a total of £70,253,225 selling90%byvalueand80%bylot during a sale of Post-War & Contemporary art held in London on June 25, 2013 Link
SOTHEBY'S SALE OF OLD MASTER PAINTINGS TOPS THE 9 MILLION USD MARK Sotheby's sale of Old Master paintings held on June 6, 2013 in New York brought $9.2 million, over $2 million above the high estimate, with competitive bidding from all over the world, including Asia, Russia, Europe and the Americas. Link
AN EDWARD HOPPER PAINTING FETCHES OVER 19 MILLION USD AT AUCTION "Blackwell's Island," a large-scale oil work painted by American artist Edward Hopper in 1928, sold on May 23, 2013 for just over 19 million USD at Christie's in New York. Link
PHILIPS WAY BEHIND CHRISTIE'S AND SOTHEBY'S
Just following Christie's record-setting half-billion-dollar result, Phillips's evening sale of Contemporary art held on May 16, 2013 in New York was far from meeting expectations as it recorded only 78,618,000 USD (with buyer's premium) with 30 lots sold out of the 37 lots offered.
CHRISTIE'S BUOYANT OVER SALES OF POST-WAR AND CONTEMPORARY ART Christie's Post-War and Contemporary Art department set a new benchmark for the art market, raising a staggering total of $638,615,900 (£420,248,526/ EUR497,974,951) and setting 37 new records during its victorious sale week in New York between May 13 and 16, 2013. Link
RECORD TOTAL OF OVER 495 MILLION USD FOR CHRISTIE'S SALE OF POST-WAR AND CONTEMPORARY ART ON MAY 15, 2013 Christie'sPost-War and Contemporary Art evening sale held on May 15, 2013 in New York achieved a staggering495,021,500 million USD (386,116,770 euros), the highest total in auction history, with a remarkably strong sell-through rate of 94% by value and by lot. Link