The Ai Weiwei Sunflower Seed Melee – artmarketblog.com I was recently informed by a representative from one of the first galleries to purchase a share of Ai Weiwei’s sunflower seed installation, titled Kui Hua Za (Sunflower Seeds), that they had purchased the work in 2009 on the understanding that it was a limited edition of [...]
Eric Clapton’s Gerhard Richter Sets Auction Record for Living Artist – artmarketblog.com A painting by Gerhard Richter from the collection of Eric Clapton has been sold for 21,321,250 GBP ($34.19 million) at auction in London setting a new auction record for a work by a living artist. Acquired by Clapton from Sotheby’s New York Contemporary [...]
Sotheby’s Partner with GeHua for Assault on Mainland China – artmarketblog.com Sotheby’s have strengthened their presence in mainland China by entering into a 10-year equity joint venture agreement with Beijing GeHua Art Company, a Chinese State-Owned Enterprise that is part of GeHua Cultural and Development Group.If the joint venture is approved by the Chinese governemnt, [...]
French “Fringe” Artists Find Art Market Favour – artmarketblog.com A number of recent art auctions in America and France have produced results that suggest a surge in interest towards the work of French “fringe” artists such as Philippe Pasqua, Robert Combas both of whom have been the subject of major exhibitions over the last couple [...]
Poly Auction Identify Li Keran Record as Growth Signal – artmarketblog.com Chinese auction house Poly Auction believe that new auction record of US$40,341,000 achieved for Chinese artist Li Keran with the sale of the artist’s Landscape in Red by Poly Auction on the 3rd of June 2012 is an indication that the Chinese art market [...]
Olympic Sized Results for London Contemporary Art Auctions – artmarketblog.com The London round of contemporary art sales produced some fantastic results that suggest a strong market. Sotheby’s, Christie’s and Phillips de Pury all had great works on offer although most were by the same big names that appear in most major contemporary art sales. Still, [...]
Saffronart Showcases Important Art at Summer Online Auction – artmarketblog.com With a total of 70 lots, the sale provides an excellent opportunity for collectors and connoisseurs to acquire works by 34 pre-eminent modern and contemporary Indian artists. The auction will take place online at www.saffronart.com on June 19-20, 2012. This year’s Summer Online Art Auction [...]
Cheaper Alternatives Trump Megabuck Art Auction Favourites – artmarketblog.com Christie’s, Phillips de Pury and Sotheby’s have had a stellar few weeks producing new auction records for a long list of artists including Mark Rothko, Ai Weiwei, Roy Lichtenstein, Edvard Munch, Alexander Calder, Jackson Pollock, Yves Klein, Gerhard Richter and Cy Twombly. Included in those artist [...]
Outing the Outsider Art Market – artmarketblog.com I have written about self-taught of “outsider” artists before but was prompted to revisit the topic after sensing an increase in the attention being shown to a number of self-taught “outsider” artists from both an art historical/curatorial perspective and an art market perspective. Just this week at the [...]
The Coming Out of Private Art Sales – artmarketblog.com As I am writing this post I receive an email from Bonhams with the headline “BONHAMS OFFERS UNIQUE 17th CENTURY “MUGHAL MIRROR DIAMOND” NECKLACE FOR PRIVATE SALE – NECKLACE HAS ASKING PRICE OF US $20 MILLION”. According to the email “One of the most important and [...]
