Christie’s breaks record for highest-grossing art sale on blockchain

After causing a sensation in the art world with the sale of an AI-produced portrait, famous art auction house Christie’s is once again making headlines, but this time for recording the most lucrative art sale on the blockchain to date, CCN reports. Last week’s sale of the Barney A. Ebsworth collection brought in a staggering […]

Ambitious Estimates Hamper Christie’s Impressionist and Modern Art Sale of $279.2 Million as Van Gogh Remains Unsold but Monet is on the Money

New York’s November ‘giga-week’ auctions got off to a modest start at Christie’s Impressionist and Modern Evening Sale last night, Nov. 11, as overambitious estimates took precedence over several highly publicized lots. Totaling $239.4 million ($279.2 million with fees), that was a far cry from last year’s sale, which doubled that amount to $479.3 million […]

How Christie’s so-called ‘AI-generated’ art sale proves documents can distort history (and other information)

Every Monday morning, artnet News brings you The Gray Market. The column decodes important stories from the previous week and offers unparalleled insight into the inner workings of the art industry in the process. For this edition, three thoughts on the most mind-boggling story of the week… SHORT CIRCUIT On Thursday, a gold-framed canvas print […]

Reviews | Want to get rich by buying art? Invest in women

When asked about discrimination against women artists, abstract expressionist Lee Krasner said the prejudice is as old as Judeo-Christian history. Dismissing the weight of that realization, she added, “I can’t do anything about these 5,000 years.” She paints anyway, as do women throughout the ages who have continued to create despite official disdain. Centuries and […]

Christie’s $416 Million Impressionist and Modern Art Sale Reaffirms Bull Market for Finest Materials

After Sotheby’s anti-climactic opening sale in New York on Monday night, which left attendees shrugging as they returned their unused paddles, Christie’s delivered a resounding encore on Tuesday with its evening sale of Impressionist and Modern Art. , totaling $416 million with fees. With confidence buoyed by the white glove sale of the Peggy and […]

Fresh-to-Market Ernst leads Bonhams Impressionist & Modern Art sale on November 14

Max Ernst (1891-1976) Ohne titel (Sedona Landschaft) 1957, oil on masonite (estimate: $500,000-700,000) 2017 Bonhams 1793 Ltd. All rights reserved Alberto Giacometti (1901-1966) Woman standing with a bun, Designed circa 1953-1954, bronze Estimate: $500,000-700,000 2017 Bonhams 1793 Ltd. All rights reserved The November 14 Bonhams Impressionist and Modern Art Sale will be led by works […]

Phillips London Achieves Strong $31.6M Contemporary Art Sale Despite Struggling Ai Weiwei

In a jam-packed week of contemporary art auctions held in London to accompany Frieze Week art fairs, Phillips found a spot on Friday afternoon, just before Christie’s main sale. Anticipating larger than usual crowds, the auction house moved from the basement to the larger ground floor showroom. The move certainly didn’t hurt. The £23.9 million […]

Impressionist and Modern Art Auction Christie’s

The sale, which included a separate catalog for surrealist works, was slightly lower than last February’s £147million sale. “It wasn’t easy,” commented Guy Jennings, managing director of the Fine Art Fund Group. “I would say the market has softened a bit. But it was stable. Jay Vincze, head of the impressionist and modern art department […]

Sotheby’s offers spring auction of abstract art in New York Latam

NEW YORK – Works by Colombian artist Fernando Botero, Cuban artist Wilfredo Lam and Mexican painter Rufino Tamayo are set to be among the highlights of Sotheby’s Latin American spring art auctions. next week, which will also include a special abstract art sale. Tamayo’s family-owned ‘La Familia’, which has just hit the market, is expected […]

Portinari tops Christie’s Latin American art sale

NEW YORK: A dreamlike painting of children releasing kites by Brazilian Candido Portinari sold for $1.4 million at Christie’s Latin American art sale and set a world record for the artist. Portinari’s 1941 Meninos Soltando Pipas was the top seller of the Wednesday night sale, which totaled $16 million and set benchmarks for other Latin […]

Rothko leads a record sale of contemporary art

NEW YORK – In a wave of auctions unprecedented in the history of the art market, Christie’s sale of contemporary art on Tuesday evening brought in $ 388.5 million, the highest amount ever recorded in this domain. A world auction record was set for a contemporary work of art when Mark Rothko’s “Orange, Red, Yellow” […]

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