Christie’s
Paul G. Allen’s Art at Christie’s Tops $1.5 Billion, Cracking Records
Just when it seemed the high-flying art market couldn’t soar any higher, paintings and sculptures from the collection of the Microsoft co-founder Paul G. Allen, hit the $1.5 billion mark at Christie’s New York on Wednesday night, making it the biggest sale in auction history. The first of two Allen sales, it shattered a six-month-old […]
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Catch a Rising Star at the Auction House
Do this right and you can even make a profit. As the market reporter Katya Kazakina recently explained in Artnet News, galleries with a hot market star on their hands increasingly favor collectors who can “buy one, give one”: in other words, purchase two works in a show and commit to donating one to a […]
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Spring Auction Sales for Two Blockbuster Weeks Top $2.5 Billion
Last year, global auction sales of paintings by artists under 40 soared to $259.5 million, a 177 percent increase on 2020, according to data provided by Artprice, a French-based auction analytics company. Eager to jump on this fast-moving bandwagon, Sotheby’s has come up with a new format called “The Now” sales, focusing on works by […]
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Artists of Color and Women Soar at Christie’s ‘21st Century’ Sale
While the usual suspects continue to command the highest prices at auction — as evidenced by Monday night’s $195 million sale of Warhol’s “Marilyn” — the art market also continues to seize on the potential next hot thing. On Tuesday, Christie’s turned its attention to some of those prospects at its 21st century contemporary evening […]
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New York City Eliminates the Rules That Govern Art and Other Auctions
New York City has eliminated the regulations it had tailored to govern the auction industry, an abrupt reversal in policy that is part of a sweeping effort to improve conditions for businesses after the economic damage brought on by the coronavirus pandemic. Conceived to help small businesses by cutting red tape and reducing penalties, the […]
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Christie’s to Sell Entire Ammann Art Collection
Just two weeks after announcing that it would sell an important 1964 Andy Warhol silkscreen of Marilyn Monroe from the Thomas and Doris Ammann Foundation Zurich, Christie’s on Wednesday said that it would also handle the sale of the rest of that collection, including works by Robert Ryman, Cy Twombly and Francesco Clemente. “It’s a […]
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