Tag: sale
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Works by Auerbach, Chadwick, and Hepworth to Spearhead Christie’s Modern British and Irish Art Sale in London
After taking an impressive £197.5 million ($265 million) from its marathon, three-pronged modern and contemporary evening sale last week, Christie’s London is now preparing for its modern British and Irish art sale on March 18. Frank Auerbach, Lynn Chadwick, and Barbara Hepworth spearhead the tightly curated auction of 26 works. Among the top lots is read more
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Sotheby’s Spring Modern and Contemporary Evening Sale in London Achieves Impressive $175 M. White-Glove Result
Editor’s Note:This story originally appeared inOn Balance,the ARTnewsnewsletter about the art market and beyond.Sign up hereto receive it every Wednesday. It is officially March, which means I was back at the Windmill pub, just around the corner from Sotheby’s New Bond Street location, on Wednesday. My pre-sale pint before the house’s spring modern and contemporary read more
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Jeff Koons’s Winter Bears Sells for $7.6 M. at Christie’s, Highest Price Ever Achieved for an Artwork in a Mid-Season Sale
If the $7.6 million paid for a four-foot-tall set of smiling wooden bears has anything to do with it, the price point for the mid-season sales at the major auction houses might be about to go up. Last Thursday, Christie’s sold Jeff Koons’s 1988 sculpture Winter Bears (1988) with a pre-sale estimate of $3.8 million–$5 read more
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Wassily Kandinsky Painting Estimated at $21.3 M. to Headline Christie’s 20/21 Spring Evening Sale in London Alongside Henry Moore Work
Wassily Kandinsky’s Le Rond Rouge (1939) will headline Christie’s 20th/21st Century evening sale in London on March 5. The house put a £15.5 million high estimate, or about $21.3 million, on the Russian modernist heavyweight’s painting, which measures 35 inches by 45.7 inches. It was painted when Kandinsky lived in Paris with his wife Nina read more
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Henry Moore Sculpture Worth £15 M. to Headline Christie’s 20th/21st Century Evening Sale in London this Spring
A sculpture by English artist Henry Moore that’s fresh to the auction block is headlining Christie’s 20th/21st Century evening sale in London on March 5. Titled King and Queen (1952-53), the 64-inch-tall bronze has a £15 million ($20.5 million) high estimate. Katherine Arnold, Christie’s vice chairman of 20th/21st century art and head of post-war and read more
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Christie’s Set to Sell Ringo’s Drumset, Kurt Cobain’s Guitar, and Jack Kerouac’s Famed ‘On the Road’ Scroll in $30 M. Irsay Sale
This week,highlights from Jim Irsay’s famed collectionof film, music and sportsmemorabiliaand Americana go on view at Christie’s Los Angeles ahead of theirauctionin March. It’s a 10-minute drive from the Beverly Hills Hotel where the billionaire owner of the Indianapolis Colts died last May at age 65 from an apparent cardiac arrest. Irsay took the HVAC read more
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Sotheby’s Second Sale in Saudi Arabia Tops $19.6 M., Sets Record for Saudi Artist
Just under a year ago, Sotheby’s made its biggest foray in the Gulf yet with its first-ever auction in Saudi Arabia. That sale, titled “Origins” and featuring 117 lots spanning art and luxury objects, brought in $17.3 million with fees—squarely within its $14 million–$20 million presale estimate. It wasn’t a spectacular result, but also wasn’t read more
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Record-Breaking Koch Sale at Christie’s Signals Renewed Interest in American Art
Christie’s record-breaking sale of works from William I. Koch’s Western art collection may look like a one-off, but recent data suggest it fits into a wider, if uneven, revival of historical American art. According to theObserver, the two-part auction realized $84.1 million with fees, more than tripling the previous record for a single-owner Western art read more
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A Long-Lost Henry Raeburn Painting Discovered at a London House Sale Goes on View in Scotland
A long-lost portrait of Robert Burns by Sir Henry Raeburn is now on view at the National Galleries of Scotland in Edinburgh. The painting was discovered at a London house sale last year. Scotland’s most famous bard, Robert Burns (1759–1796) is perhaps best known for songs such as “A Red, Red Rose” (1794) and “Auld read more
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Frank Lloyd Wright House in Chicago for Sale for $350,000—Or Is It?
A Frank Lloyd Wright house in dire need of restoration has been reported to be up for sale with an asking price of $350,000, after the property was supposedly put on the market by the Federal National Mortgage Associate—best known as Fannie Mae—as part of a court-ordered sale following foreclosure in December. As reported by read more
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Sale of Chinese Vase Canceled by French Court Over Question of Provenance
A French court ordered the high-profile Galerie Kraemerin Paris to return €2.8 million (around $3.25 million) to collector Sheikh Hamad bin Abdullah Al Thani over questions about a Chinese vase. The decision follows eight years of legal wrangling over the date attributed to the piece. As reported by the Art Newspaper, the Paris court of read more
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Amazon seeks to raise $12 billion from US bond sale, Bloomberg News reports
(Reuters) -Amazon plans to raise about $12 billion in corporate bonds, its first such deal in U.S. dollars in about three years, Bloomberg News reported on Monday, as big tech firms increase investments to build infrastructure for artificial intelligence. The e-commerce giant filed for a six-part bond sale earlier in the day without disclosing a read more
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