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Posts Tagged ‘auction results’

News reports from Christie’s contemporary sale

Posted in Auctions, News, tagged , , , 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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Reviews of Sotheby’s Impressionist and Modern Sale

Posted in Auctions, Economics, tagged , , , , , , on May 7, 2009 | Leave a Comment »

News sources were mostly down on the results of this week’s Impressionist and Modern Sale at Sotheby’s.  A lack of bidders for two of the featured works, a Picasso portrait and Giacometti sculpture, brought the sale total to $61.4 million– below the low estimate of $81 million and the lowest sale total in this category [...]

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Spending on art way down at top end of market

Posted in Auctions, Economics, tagged , , , , , on April 22, 2009 | 6 Comments »

A new article from Dow Jones Financial News Online finds that a record high 40% of contemporary works for sale at major auctions went unsold in the first quarter of 2009.  Only three pieces, including the Anish Kapoor scultpure pictured above, sold for over $1 million (the Kapoor sold for approximately $1.2 million, including the [...]

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Novice art collector snags Tom Thomson painting

Posted in Artists, Auctions, tagged , , , , on April 21, 2009 | Leave a Comment »

Here’s a great story from Canada about a seriously novice collector (he bought his first art book less than a month ago!) who picked up an oil painting by Tom Thomson at auction for under the original reserve price: click here. For those who aren’t familiar with auction jargon, a reserve price is the agreed [...]

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