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Posts Tagged ‘Sotheby’s’

Metal detector nerds get the last laugh

Posted in Auctions, News, tagged , , , , , , on July 2, 2009 | 3 Comments »

If you’re like me, you’ve probably had a laugh or two at the expense of sad-looking men who pace beaches with no companionship except that of a metal detector.  What are you going to find, loser– treasure?!  Apparently, yes. An newbie (female) metal detector walking the farmlands of Hertfordshire, England uncovered a postage stamp-sized gold pendant from the 15th [...]

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Sotheby’s impressionist/modern sale short and sweet

Posted in Auctions, News, tagged , , , , , , , 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 [...]

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Tonight’s contemporary sale at Sotheby’s…ringside

Posted in Auctions, Events, tagged , , , , , , , , , , , on May 13, 2009 | Leave a Comment »

Tonight, May 12th, is the much-anticipated sale of contemporary art at Sotheby’s in New York.  Usually one of the most hyped auctions of the year, everyone was waiting to see just how the global economic downturn would effect the art market at its most elite levels.  I’m thrilled to report from…a half-filled 2nd floor salesroom, [...]

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Kiev is hot for Damien Hirst

Posted in Exhibitions, tagged , , , , , , , on May 11, 2009 | Leave a Comment »

The Washington Post reports that Victor Pinchuk, Ukraine’s wealthiest man and an avid art collector, has organized a large retrospective of Damien Hirst‘s work in Kiev.  The opening party brought the likes of Andreas Gursky and Jeff Koons, and over 10,000 people have already attended the exhibition in just its first three days.  The article, [...]

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An optimistic assessment of this week’s major auctions!?

Posted in Artists, Auctions, News, tagged , , , , , , on May 8, 2009 | 1 Comment »

Souren Melikian of The New York Times must enjoy playing naysayer– he’s written the first article I’ve seen this week giving a positive spin on this week’s Modern and Impressionist sales at the major auction houses, Christie’s and Sotheby’s.  When all else fails, assess the art market in terms of supply and demand!  Click here [...]

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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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More bad news for the international art market, Sotheby’s in particular

Posted in Auctions, Economics, tagged , , , , , , on May 6, 2009 | Leave a Comment »

It was a buyer’s market at the Christie’s Dubai sale last week.  While within the auction estimate, the evening brought in less than $5 million as compared to the $8.65 million made at the same sale a year ago.  The most expensive lot was Iranian artist Parviz Tanavoli‘s “The Wall and the Script” (pictured above), [...]

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Market update featuring quotes from art powerhouses

Posted in Economics, tagged , , , , , on April 26, 2009 | Leave a Comment »

Mandatory reading from The New York Times!  Carol Vogel speaks with Ann Temkin (chief curator for painting and sculpture at the MoMA), Marc Porter (president of Christie’s America), Steven P. Henry (director of Paula Cooper Gallery), Matthew Marks (of Matthew Marks Gallery), the dreamy Tobias Meyer (worldwide head of contemporary art for Sotheby’s), and others [...]

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