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
OVER 140 MILLIONS POUNDS FOR AN IMPRESSIONIST AND MODERN SALE IN LONDON An Impressionist and Modern Art Evening Sale held
in London on June 21 2011 at Christie's realized £140,019,200 /
$227,111,142 / €157,941,658 selling 87% by lot and 80% by value. This
represented the 3rd highest total and one of the highest selling rates (by lot) for the category at Christie's in the U.K.
GOOD RESULTS FOR A POST-WAR AND CONTEMPORARY AUCTION HELD BY CHRISTIE'S
A Post-War and Contemporary Art Evening Auction held on June 28, 2011at Christie's in London realized £78,817,050 / $125,792,012 / €87,959,828 and was 82% sold by lot (pre-sale estimate: £55,320,000 to £76,770,000).
HIGH PRICE FOR AL CAPONE'S REVOLVER A Colt .38 'Police Positive' revolver formerly owned by notorious American gangster Al Capone sold for£67,250/$109,080/EUR 75,656, against a pre-sale estimate of £50,000-70,000 during a sale held on June 22, 2011 by Christie's in South Kensington, London. Link
OVER 589 MILLION USD FOR SOTHEBY'S SUMMER SALES IN LONDON Sotheby's London concluded their four-week major summer sale series which totalled in excess of £365 / $589 / €408 million. Sotheby's achieved the two highest prices across the entire London summer auction season and overall 49 artist records were set, with 66 works selling for over £1 million and 95 selling for over $1 million.
HOW TO INVEST IN ART : FLAIR AND LUCK REQUESTED by Adrian Darmon
The art market has been bustling with
astonishing record prices during the past decade mainly to the advantage of
rich people who can afford to spend much money to buy major works with the aim
of gaining substantial profits in the short term.
Making money has thus become a lucrative game
on the art market. Still, buyers need to have quite a good knowledge of what
seems much interesting to acquire meaning they must be endowed with some flair
and also much luck.
Christie's
established a new world auction record in London on June 6, 2011 for Ilya Repin
(1844-1930) by selling his masterpiece, A Parisian Café for £4,521,250.
U.S EXPERT AND DEALER ACHIM MOELLER ACCUSED OF PERJURY BY THE POMPIDOU MUSEUM Pompidou Museum has accused New York expert and dealer Achim Moeller of perjury for having refused to authenticate a work by German Expressionist artist Lyonel Feininger which he later recognised as genuine after the museum got rid of it. Link
ANDY WARHOL KING OF NEW YORK
Christie's Post-War and Contemporary Art Evening Sale held in New York on May 11, 2011 realized $301,683,630 (£184,026,630/€211,178,100),
exhibiting a thriving and healthy market for art, in which buyers
fiercely competed for works of utmost quality, provenance and beauty.
The auction's selling through rates — 95% sold by lot and 99% sold by value — reaffirmed Christie's position as market leader for the category.
GOOD RESULTS FOR CHRISTIE'S IN NEW YORK Christie's
Impressionist & Modern Art Evening Sale on May 4, 2011 achieved
$155,995,500 (£93,597,300/€104,516,985), demonstrating the continuing appeal of
this category among collectors worldwide. Three works sold for over the US$20
million mark, and two new artist records were set for the Fauve artist Maurice
de Vlaminck and the neo-Impressionist artist Maximilien Luce. In total,
sell-through percentages were strong, with 82% sold by lot and 81% by value. Link
EUROPAUCTION BRACING UP FOR ITS HISTORICAL SALE IN LONDON The team of the rising
Paris-based auction group Europauction is now bracing up for its
important sale of works of art and 18th Century furniture due to be held
at the Claridge Hotel on May 5 and 6, 2011 in London.
Link
Home
OVER 140 MILLIONS POUNDS FOR AN IMPRESSIONIST AND MODERN SALE IN LONDON
