A new “art virgin” executive at Phillips de Pury is adding 18 themed contemporary art sales to its auction calendar over the next year and a half, despite the downturn in the art market. Learn more about this questionable strategy in this Wall Street Journal article by Kelly Crow. This fantastic image by Korean artist [...]
Archive for the ‘Auctions’ Category
New owner, executive, auction schedule at Phillips de Pury
Posted in Artists, Auctions, News, tagged JeongMee Yoon, Kelly Crow, Korean artists, Phillips de Pury & Company on September 16, 2009 | Leave a Comment »
Recommendations, so far, on fall auction-going
Posted in Auctions, tagged art auctions, deaccessioned art, Doyle New York, Freeman's, Japanese pagoda model, Lehman Brothers, Metropolitan Museum of Art on August 26, 2009 | Leave a Comment »
Now that your stocks have rebounded, you might be considering a jump back into the auction circuit. Two upcoming sales sound noteworthy: September 14th- Doyle New York hosts a sale of Asian Works of Art, including property of the Metropolitan Museum of Art. This gorgeous pagoda model is one such work being deaccessioned by the [...]
A reminder that things aren’t yet rosy again at Christie’s
Posted in Auctions, News, tagged art market, Christie's, Lillian MacKendrick, painting on August 20, 2009 | Leave a Comment »
Bloomberg reports that Christie’s is scapping plans for an art investment fund and loan division. The article also briefly discusses what we’ve talked about many times before: the downturn in the high-end art market, despite recent successful sales. Pictured above is an affordable oil on canvas being offered in Christie’s Interiors Sale in early September.
An uneasy feeling about exploiting death in the art market
Posted in Auctions, News, tagged Andy Warhol, auctioning artwork depicting dead celebrities, Michael Jackson, Vered Gallery on August 7, 2009 | 1 Comment »
I get it: celebrity, rarity, marketing opportunity. What I don’t get is why the East Hampton gallery auctioning off what is likely to be a $25 million+ piece of art (and is undoubtedly an American cultural treasure) has a website that looks cheaper than my free WordPress blog. Here‘s the BBC coverage. Happy weekend, people!
Two upcoming auctions with phantasmagoric appeal
Posted in Auctions, Indulgences, tagged 19th century male study, jetBlue, Joseph Stanley, Parade Magazine, psychic Jeane Dixon, Sloans & Kenyon, spooky art auctions on July 22, 2009 | Leave a Comment »
I know, I’m behind. Excuse: my dear friend Mike from Quebec City was visiting me in NYC this weekend and I just literally settled into my hotel room in La Jolla, CA, where I’m working this week. I flew jetBlue today and it’s really incredible how quickly time flies when you have Direct TV at [...]
Sotheby’s impressionist/modern sale short and sweet
Posted in Auctions, News, tagged art market, Carol Vogel, Christie's, Impressionist and Modern Art, London art sales, Pablo Picasso, Samir Traboulsi, Sotheby's on June 26, 2009 | Leave a Comment »
Carol Vogel of The New York Times compliments Sotheby’s on a relatively successful Impressionist and Modern sale that took place in London on Wednesday. I say “relatively” because last year’s equivalent sale brought in over $200 million; given the current economic circumstances, however, selling 27 lots in just 50 minutes for around $55 million is [...]
Museums and collectors stocking up on Chicago Stock Exchange remnants
Posted in Auctions, News, tagged architecture, art market, Chicago Stock Exchange, Christie's, Dankmar Adler and Louis Sullivan, design, elevator panels, Metropolitan Museum of Art, Seattle Art Museum on May 30, 2009 | Leave a Comment »
The New York Times reports that architectural artifacts from the old Chicago Stock Exchange building are increasingly becoming hot commodities on the auction block. Museums, including the Met and the Seattle Art Museum, have acquired and are prominently displaying these treasures- attractive for both their aesthetic and historical appeal- in their permanent collections. Check out the full article and [...]
News reports from Christie’s contemporary sale
Posted in Auctions, News, tagged art market, auction results, Christie's, Dan Flavin on May 14, 2009 | Leave a Comment »
I wish that I had the time to do on-site blogging for all the sales, but you’ll be forced to deal with some real professional reporting on this one…upbeat assessments of Christie’s Postwar and Contemporary Sale held this week from The New York Times, The Wall Street Journal, Bloomberg, and Reuters. Pictured above is a 1967 Dan Flavin that sold [...]
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