Christie’s Claims First Independent Art Auction in Mainland China – artmarketblog.com Christie’s will become the first international art auction house to operate independently in China when they hold their first auctions in Shanghai beginning autumn 2013. The announcement by Christie’s comes six months after Sotheby’s were granted a license to conduct auctions in China in [...]
Will Export Ban Devalue Picasso’s £50m “Child with a Dove”? – artmarketblog.com The decision to slap a temporary export ban on Picasso’s Child with a Dove following the announcement that Christie’s had been asked to find a buyer for the painting by the Aberconway family in Wales, who are the current owners of the painting, [...]
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, [...]
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 [...]
The Future of Online Art Sales: Q&A With Christie’s Live Director – artmarketblog.com The number of websites that facilitate the online sale and purchase of fine art has increased significantly over the last few years as collectors and investors become more confident in the ability of online art sales portals to provide a sufficiently high [...]
November New York Art Auctions Confuse Market – artmarketblog.com The recent round of Contemporary, Modern and Impressionist art auctions produced some interesting results that require some serious analysis to understand. Thanks to Sotheby’s November Contemporary Art Evening Sale, which saw the record sale of four Clyfford still paintings, there has been plenty of confident banter [...]
Greek Financier Wins Picasso’s Lover in Art Auction Stoush – artmarketblog.com Greek financier Dimitri Mavrommatis added to his already impressive art buying history on the 21st of June when he purchased Picaso’s Femme assise, robe bleue at Christie’s London Impressionist and Modern Art sale for £17,961,250 against an estimate of 4,000,000 – 8,000,000. Bidding like a [...]
What Price Art Auction Philanthropy? – artmarketblog.com Christie’s 16th of February Post War and Contemporary Art Evening Auction saw a staggering new auction record for a living French artist when Martial Raysse’s “L’année dernière à Capri (titre exotique), (Last Year in Capri (Exotic Title))” sold for €4,851,241 against an estimate of €1,000,000 – 1,500,000. The [...]
Having focused my last few posts on the issues surrounding the questionable practices of some art auction houses, I thought it important to let people know how they can avoid becoming a victim of dirty art auction tricks and tactics. The only real way to avoid becoming a victim of the art auction houses is to ask questions and to know which questions to ask. Below is a list of questions, and the reasoning behind each question, that will ensure that you know exactly where you stand.
Halsey Minor Battles Sotheby’s Again – artmarketblog.com
