Paul Allen’s Rothko Sells for $56.2 Million at Phillips The final contemporary sale took place last night and there were more strong results.  When finished, the sale brought in $132M from 46 works on offer (9 failed to sell).   The … More…

Blue Diamond Returns Auction Crown to Christie’s in Just One Day – the two biggies always seem to be jockeying for position … this time it was a close race, but in the end Christie’s won.  On a side note … … More…

Art Basel Beckons Billionaires With $10,000 Passports – the Contemporary market never ceases to amaze me … sorry I am not in Hong Kong to see this one.  

Why Realism? Part 4: Reviving a Knowledge Desert – here is part 4 of Fred Ross’ take on Realism.    

Why Realism? Part 3: How Realism Became a Dirty Word – more from Fred Ross on Realism.  

Why Realism? Part Two: The Non-Language of Modernism.  Here is part II of Fred Ross’s take on Realism.  

Picasso Painting Fetches $31.5 Million at Sotheby’s Sale – interesting sale this evening.  Big estimates for just average works … pre-sale estimate was $218M – $317M and the final total, with the buyer’s premium, was $219M.  Now, $219M is a lot … More…