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From the 6th to the 8th of February
Sotheby’s and Christie’s held a series of brilliantly orchestrated auctions
incorporating the most desirable artists with some irresistible low estimates
to successfully seduce a sober market.
(James Gaskell)
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Gerhard Richter,
Stadtbild Sa |
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Following the success of the contemporary sales in New York this November, London hosted a week of Modern British art auctions at the beginning of December. Bonhams, newly merged with Phillips, kicked off the series of sales with a positive note with good results as most of the lots found buyers. Sotheby’s and Christie’s South Kensington followed.
(Fiona Long)
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Cecil Kennedy,
Still life with Summer Flowers |
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For the second year running Finarte is hosting a Young Art auction focused on the latest trends of contemporary art. The sale will be held tomorrow evening (19th of December) at the Cartiere Vannucci in Milan and will offer 65 lots (5 more than last year) for a predicted overall estimate of $ 140,000, with estimates ranging between $ 465-6,980.
(Elena Balzani)
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Alberto Castelli,
Loll #3, 2000 |
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December saw the global auction house grouping known as the International Auctioneers hold their winter sale of Impressionist and Modernist paintings. The sale accolades went to Marino Marini’s bronze sculpture, Cavaliere, dating from 1947 which soared from an initial estimate of $ 533,040 (€ 600,000) to a hammer price and auction record for the artist of $ 1.2 million (€ 1.32 million).
(Andrew Moore)
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Line graph of sale prices for Marino Marini 1990-2001: the blue line indicates the actual prices, the red line corresponds to inflation
Source Gabrius Art Index |
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Bonhams, Sotheby’s and Christie’s held their sales of Modern British and Irish auctions in London at the end of November. Included within in these sales were strong results from low-priced contemporary works, including Damien Hirst and John Kirby.
(Andrew Moore)
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Elisabeth Frink,
Tribute I |
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The week of Sotheby's and Christie's high-profile fall auctions of Post-War
and Contemporary art began with NYC's second major catastrophe which threatened
to be the final blow to the city's resilience already under immense strain.
The words of the Wall Street Journal that "art and beauty are a counter-force
to destruction" would be put to a test of immeasurable severity.
(James Gaskell)
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Tom Wesselman,
Still Life # 28, 1963 |
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The beginning of November saw the big auction houses offer their Impressionist and Modern paintings. Phillips, de Pury and Luxembourg offered the Hoener and then Smooke collections on the 5th of November and Christie’s René Gaffé collection on the 6th of November, with Sotheby’s following on the 7th. The surprisingly strong sales have given a much needed boost to a flagging art market.
(Andrew Moore)
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Karl Schmidt-Rotluff,
Die Lesende |
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Once more the New York art world waits with baited breath for the biannual auctions of current and contemporary art. Sales last spring fared quite well despite a floundering international economy, but this season the World Trade Center disaster and the continuation of global hostilities are casting an especially uneasy mood over the proceedings. Yet the majority of the selections of works to be offered were confirmed at all of the big three New York auction houses before the attack on September the 11th and none of the lots published in the catalogues have been withdrawn, indicating a general sense of confidence among the sellers.
(Christopher Chambers)
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Gerhard Richter,
Volke Bradke |
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You couldn’t have mistaken the positive atmosphere floating around Sotheby’s, Bond Street headquarters last week. The auction house had just enjoyed a successful Italian sale (22nd October) and its Impressionist and Post-Impressionist art (23rd October) auction was also satisfactory. In the latter of these, from 176 lots, 68 were unsold – amounting to 39% in monetary terms, and 30% by value.
(Riccardo Sorani)
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Francis Picabia,
Nature morte, 1909 |
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German contemporary artists dominated the October contemporary auctions on the 23rd which are traditionally the more lightweight of the London annual sales. Sotheby’s put up 140 lots combining contemporary with some more heavyweight post-war artists. Christie’s experiment to intersperse the contemporary art with more conventional photography achieved nothing but unsold lots.
(James Gaskell)
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Andreas Gursky,
Borse, Tokyo, 1990 |
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