A Rothko Tops Sotheby’s Contemporary Art AuctionMay 13, 2015 Last night’s sale did not have the BIG lots to beat the competition and in the end, of the 63 works offered only 55 sold (87%). The sale’s total hit $379.7M – pre-sale estimate was $315-$411M … so even without the buyer’s … More… Picasso & Giacometti Each Top $100 MillionMay 12, 2015 Last night’s sale was expected to bring in about $500M and with the auction’s commission, the total eclipsed $700M ($705.9M). It is important to note that of the 35 lots offered, more than half had some sort of guarantee … … More… The amount of art coming to the market this week is amazing … and their values have hit mindbogglingly levels. Steve Wynn is selling a Picasso ($55M), Sheldon Solow is parting with a Giacometti valued at $140M and Steven Cohen is selling … More… Giacometti’s studio: 5 things you didn’t knowMay 8, 2015 Pablo Picasso’s Femme au Chignon un Fauteuil was acquired at the recent sale by Chinese movie tycoon Wang Zhongjun for $29.9M (he was also the buyer of the van Gogh still life that sold last November for $61.8M). Guess the … More… Last night’s Impressionist and Modern sale brought in $368M … not a bad total considering more than 20% of the works offered did not sell (64 works offered and 50 sold). The top lot for the evening was Vincent … More… |
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