This report on Christie’s December 2 live-streamed sale in Hong Kong and New York includes details on works that made a profit for their sellers. A full-length version is available to AMMpro subscribers. (The first month of AMMpro is free and subscribers are welcome to sign up for the first month and cancel before they are billed.) Christie’s presented part two of its pandemic ...
Earlier this month, 18 interested buyers got into a bidding war for a large, gray disk engraved and painted with 322,048 digits of code. It's a little more than 4 feet across, features a 24-karat gold leaf and comes with something the legendary Christie's auction house had never sold before: a piece of digital code that tracks the artwork's location.The artwork, called "Block 21" ...
To get the backstory behind buyers and sellers in Christie’s Paris and London October evening sales, read Colin Gleadell’s detailed Art Market Monitor report available to AMMpro subscribers. On Thursday, Christie’s brought in a total of £90.3 million ($118 million) with buyer’s premium across four sales at its Paris and London headquarters. In the auction series, titled “20th Century: London to Paris,” the house deployed ...
Art Industry News is a daily digest of the most consequential developments coming out of the art world and art market. Here’s what you need to know on this Friday, October 23. NEED-TO-READ NYU Removes the Sackler Name – New York University has decided to remove the Sackler family name from its Graduate Biomedical Institute following mounting pressure from artist-activists and in light of the ...
On Tuesday, 280,000 viewers tuned into the first major auction of the fall season live-streamed from Christie’s Rockefeller center headquarters. The evening sale, which combined modern and contemporary art with the fossilized skeleton of a Tyrannosaurus Rex, generated $340.8 million with buyer’s fee across 46 lots. Hammering at $294 million, below the pre-sale low estimate of $305.9 million, it realized a solid sell-through rate ...
Following its global relay “ONE” sale in July, Christie’s will hold the first major sales run by the house’s newly merged modern and contemporary departments this October instead of the traditional November. The hybrid live format day and evening sales will take place at the house’s Rockefeller Center location on October 6 and 7. “We’re giving consignors and buyer multiple opportunities this fall to ...
23 Aug, 2020 | Sun | 19:23 Black art is becoming more sought after in the art market with numerous works sold for record-breaking prices in recent years. Many auction houses, art dealers and collectors are searching for emerging talents. To many black artists, their rising popularity did not come with benefits and money that they deserve. One example is rising star painter Amoako Boafo, who ...
NYC Museums OK’d to Open – Governor Cuomo announced that museums would be allowed to reopen in late August, though they will have many restrictions and safety measures in place. Phillips Goes Out East – The auction house is opening a Hamptons location, following the moneyed collectors who have decamped from the city during the summer lockdown. George W. Bush Paints the People – The former US president ...
Christies is now taking its turn in the high-value sneaker market. On Thursday, in the first sale of its kind at the auction house, Christie’s announced it will offer a trove of original Michael Jordan sneakers hailing from the player’s early career with the Chicago Bulls in the 1980s. The auction will bring a total of 11 lots to bidders in an online sale ...
Since the pandemic shutdown in March, much anticipation has circulated around the leading works coming to rescheduled auctions in June and July at the top auction houses. Following the announcement of their global “ONE” auction, Christie’s has secured a major work by postwar mainstay Wayne Thiebaud to go up for sale in the New York leg of their marquee modern and contemporary evening auction ...
