Tag: Christies

  • The Art Market, Philistinism and the NEA

    Art sales figures show interesting declines in the markets. A Feb. 16, 2009 article in The Telegraph stated that Sotheby’s ($5.3 billion) inched ahead of Christie’s ($5.1 billion) in global art sales last year. Both figures, however, are down from the previous year, when Christie’s was ahead by $6.3 billion to Sotheby’s $6.2 billion. “At…

  • Mixed results at Christies

    Carol Vogel reports on the results of the Christie’s auction on Nov. 12 in the NYTimes. This includes the sale of works on paper by former Lehman Brother’s CEO Richard Fuld and his wife Kathy. Copyright Leanne Goebel. May not be used without permission.

  • New York Auctions bad, but could have been worse

    At Sotheby’s sale of contemporary art on Nov. 11, only 43 of the 63 lots sold for a total of $125 million. Presale forecasts predicted a minimum of $202 million in sales. Contemporary art stars plunge to earth, AFP Contemporary art sale at Sotheby’s nets $125 million, International Herald Tribune Sotheby’s contemporary art sale defies…

  • Art sales in London this week may determine future of art market

    Bloomberg is reporting that Sotheby’s and Christies both have guaranteed lots in this weeks London auctions. The big question is whether they will have buyers. Read the article here. “There’s an awful lot riding on these sales in London and next month in New York,” said the London dealer Alan Hobart. “If they’re successful, confidence…