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By Adrian Darmon
RISE OF BUYER'S PREMIUMS AT CHRISTIE'S
 

For the third time since 2016, Christie's have raised buyer's premiums, above the fees charged by rival auction houses Sotheby's and Phillips.


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PHILLIPS BEST YEAR EVER

Phillips announced that it sold $916 million worth of art and collectibles in 2018, the highest total in its 220-year history. 

The record sum comes a decade after the Russian luxury goods conglomerate, the Mercury Group, acquired the business, and five years since former Christie's CEO Ed Dolman started to manage the auction house.


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FERNANDO MALDONADO MAY BECOME THE FUTURE STAR OF COLUMBIAN PAINTING
Most art lovers view Fernando Botero as a great master on the art market but don't know much about other Columbian artists, notably Fernando Maldonado, a painter, drafstman and sculptor born in Bogota in 1962.
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FINE RESULTS FOR OLD MASTERS AT SOTHEBY'S IN LONDON
The Old Master Evening sale at Sotheby's on December 5 2018 in London totalled 30.2 million GBP  with an exceptional sell-through rate of 86% - the highest ever achieved by the auction house in this category with a rare oil sketch by Rembrandt van Rijn sold for 9.48 million. 
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EINSTEIN'S LETTER ON GOD SOLD FOR A RECORD PRICE
Christie's 4 December sale of Fine printed books and manuscripts realized a total of 5,425,625 USD achieving 75% by lot and 81% by value with Albert Einstein's letter on God  sold for 2,892,500 USD,a new world auction record for a letter by the celebrated scientist achieved after a four-minute bidding battle between two clients on the phones. 
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A LUCAS VAN LEYDEN DRAWING SOLD FOR 11,483 MILLION GBP
Held by Christie's on December 4 2018, the sale of Old Masters/New Scholars: Works of Art for the benefit of the Rugby School realised a total of 14,794,125 pounds, far exceeding all pre-sale expectations with 83% sold by lot and 99% sold by value.
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PROMOTING HAITIAN ART
Working in Haiti as emergency manager for several years, Alexandre Latour has been profoundly charmed and changed by the beauty and the magic of Haitian art. 
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PHILLIPS FAILED TO MEET EXPECTATIONS IN N Y
Phillips' 20th century and contemporary art sale held on November 15 2018 in New York failed to meet expectations with ten lots unsold including a heavily promoted wood combustion painting by Alberto Burri (est. $10 million—15 million); a “Gray Painting” by Christopher Wool (est. $4 million—6 million); and the catalogue's cover lot, a Jackson Pollock  painting once owned by Nelson Rockefeller (estimated in the region of $18 million),
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WORLD RECORD FOR DAVID HOCKNEY AT CHRISTIE'S
81-year-old British artist David Hockney  became the most expensive living painter when Christie's sold his Portrait of an Artist (Pool with Two Figures) (1972) for $90.3 million at its postwar and contemporary art auction in New York which realized a total of $357.6 million, compared with a revised pre-sale estimate of $323 million to $421.5 million.
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THE BARNEY A. EBSWORTH COLLECTION SOLD AT CHRISTIE'S IN NEW YORK

Part One of Christie's sale of An American Place: The Barney A. Ebsworth Collection totaled 317,801,250,USD with 88%  sold by lot,and 99% sold by value.


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