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Newsletter
News Summary
By Adrian Darmon
SOTHEBY'S SALE OF IMPRESSIONIST AND MODERN ART IN NEW YORK Held in New York on October 7, 2008, Sotheby's sale
of Impressionist and Modern Art including Latin American and Russian Art Sale totalled6,435,938
USD, a relatively good score in view of the major financial crisis which shook
the U.S and Europe during the past three weeks.
THE 2008 FIAC AT THE GRAND PALAIS IN PARIS ON OCTOBER 23 The French international
contemporary art fair (FIAC) will open on october 23, 2008 at the Grand
Palais and the Louvre Cour Carrée amidst fears of a fall of activity on
the art market following the American financial crisis that had
collateral effects on several European countries.
Link
SUCCESS FOR CHRISTIE'S ASIAN ART WEEK The
Fall 2008 Asian Art Week at Christie's New York between September 15
and 18, 2008 realized $51,142,538, the second highest total ever for
Asian Art Week at Christie's New York. The auctions enjoyed active
participation by collectors from Asia and the West across four full
days of sales, with many Asia-based clients participating by telephone
and through Christie's LIVE™. Link
OVER 40 MILLION POUNDS FOR DAMIEN HIRST'S SECOND SALE AT SOTHEBY'S Damien Hirst's "Beautiful Inside my head forever" second sale held at Sotheby's in London on September 16, 2008 totalled 40,919,700 pounds. The two sales of the artist's works thus fetched over 110 million pounds, an excellent score in view of the major financial crisis affecting the U.S and Europe.
OVER 70 MILLION POUNDS FOR DAMIEN HIRST SALE IN LONDON Damien Hirst's Beautiful
Inside My Head Forever sale held by Sotheby's in London on September 15, 2008
totalled 70,545,100 GBP, a magnificent result in view of the
aggravating world financial crisis.
Link
MAJOR DAMIEN HIRST SALE AT SOTHEBY'S The art market is to face a crucial test to measure its performances vis a vis the world economic crisis through a sale of Damien Hirst's works at Sotheby's during this mid-September Link
YAKOI KUSAMA AT THE MUSEUM BOIJMANS VAN BEUNINGEN Link
MAJOR AUCTION OF NEW WORKS BY DAMIEN HIRST TO BE HELD IN SEPTEMBER IN LONDON Link
EXCITEMENT AND SKEPTICISM IN THE FIELD OF CONTEMPORARY ART Sotheby's report on the sales of Contemporary art held on July 1 and 2, 2008 shows that the market has reached a point of stability and maybe its limits despite several record prices Link
$3,5 BILLION FOR CHRISTIE'S DURING FIRST HALF OF 2008 Despite a deep worldwide crisis affecting the world's financial markets, Christie's recorded a 10% growth in sales compared with the first half of 2007.