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By Adrian Darmon
99.9 MILLION USD FOR PHILLIPS CONTEMPORARY ART SALE Phillips's Contemporary art sale held in New York on May 15 totaled 100 million USD with Kaws's seven foot wide The Walk Home (2012) featuring SpongeBob SquarePants fetching almost 6 million with fees against a high estimate of $800,000. Link
ALMOST 342 MILLION USD FOR SOTHEBY'S SALE OF CONTEMPORARY ART Sotheby's sale of Contemporary art held on May 16 in New York yielded just under 342 million USD, far below the 538.9 million USD reaped by Christie's the previous night, with two works by Francis Bacon and one Rothko accounting for 115 million of that total. Link
ALMOST 350 MILLION USD FOR SOTHEBY'S SALE OF IMPRESSIONIST AND MODERN ART Sotheby's sale of Impressionist and modern art held on May 14 in New York yielded 349.85 million USD with 90.9 % of lots sold and a record set at 110,747,000 USD for Claude Monet's Les Meules painted in 1890. Link
CHRISTIE'S YIELDS 538.9 MILLION USD WITH A WORLD RECORD FOR KOONS Christie's sale of post-war and Contemporary art sale held on May 15 in New York yielded a total of $538.9 million, against a global estimate of $422 million to $605 million after two lots were withdrawn.. Link
ALMOST 400 MILLION USD FOR CHRISTIE'S SALE OF IMPRESSIONIST AND MODERN ART Christie's evening sale of Impressionist and Modern art held on May 13 in New York fetched $399 million—hitting the high pre-sale estimate and far surpassing the low estimate of $287.5 million. Of the 63 lots offered, 54, or 86 percent, were sold while new auction records were set for works by Balthus and Pierre Bonnard. Link
THE DAY ADRIAN DARMON DISAPPEARED Adrian Darmon, a long-time serving journalist and art historian who created half a dozen magazines and the artcult website in 1996, seems to have disappeared on February 18 on his way to testify before the correctional court of Toulon with the hope that the dealer who stole from him a rare Derain fauve painting between February 2 and 4, 2016, would be metted down with a harsh condemnation. Link
TOUGH TIME FOR CHRISTIE'S POSTWAR AND CONTEMPOORARY ART Christie's London contemporary sale held on March 6, 2019 only totaled 79.3 million GBPwith 93 percent of lots sold, far less from last year's 137.5 million. 50% of the sales were either on or below the low estimates, indicating poor competition. Link
SOTHEBY'S CONTEMPORARY SALE IN LONDON SO AND SO Sotheby's contemporary art sale held in London on March 5, 2019 totaled 93.3 million GBP (including premium), however down from £109.3 million generated by the equivalent sale last year. Link
CHRISTIE'S SALE OF IMPRESSIONIST AND MODERN ART A BIT DISAPPOINTING Christie's sale of Impressionist and Modern art held in London on February 27 yielded 165.7 million GBP, below a pre-sale estimate of at least 179 million after three lots were withdrawn, while a Claude Monet waterlily pond with a weeping willow at Giverny estimated at 40 million was left unsold. Link
2018 WAS GOOD FOR CHRISTIE'S Christie's has announced that their 2018 sales totaled $7 billion (including 653.3 million in private transactions), up six percent from 2017, however below results achieved in 2014 ($8.4 billion) and 2015 ($7.4 billion). Link
RISE OF BUYER'S PREMIUMS AT CHRISTIE'S
For the third time since 2016, Christie's have raised buyer's premiums, above the fees charged by rival auction houses Sotheby's and Phillips.
Phillips announced that it sold $916 million worth of art and collectibles in 2018, the highest total in its 220-year history.
The record sum comes a decade after the Russian luxury goods conglomerate, the Mercury Group, acquired the business, and five years since former Christie's CEO Ed Dolman started to manage the auction house.
FERNANDO MALDONADO MAY BECOME THE FUTURE STAR OF COLUMBIAN PAINTING Most art lovers view Fernando Botero as a great master on the art market but don't know much about other Columbian artists, notably Fernando Maldonado, a painter, drafstman and sculptor born in Bogota in 1962. Link
FINE RESULTS FOR OLD MASTERS AT SOTHEBY'S IN LONDON The Old Master Evening sale at Sotheby's on December 5 2018 in London totalled 30.2 million GBP with an exceptional sell-through rate of 86% - the highest ever achieved by the auction house in this category with a rare oil sketch by Rembrandt van Rijn sold for 9.48 million. Link
EINSTEIN'S LETTER ON GOD SOLD FOR A RECORD PRICE Christie's 4 December sale of Fine printed books and manuscripts realized a total of 5,425,625 USD achieving 75% by lot and 81% by value with Albert Einstein's letter on God sold for 2,892,500 USD,a new world auction record for a letter by the celebrated scientist achieved after a four-minute bidding battle between two clients on the phones. Link
A LUCAS VAN LEYDEN DRAWING SOLD FOR 11,483 MILLION GBP Held by Christie's on December 4 2018, the sale of Old Masters/New Scholars: Works of Art for the benefit of the Rugby School realised a total of 14,794,125 pounds, far exceeding all pre-sale expectations with 83% sold by lot and 99% sold by value. Link
PROMOTING HAITIAN ART Working in Haiti as emergency manager for several years, Alexandre Latour has been profoundly charmed and changed by the beauty and the magic of Haitian art. Link
PHILLIPS FAILED TO MEET EXPECTATIONS IN N Y Phillips' 20th century and contemporary art sale held on November 15 2018 in New York failed to meet expectations with ten lots unsold including a heavily promoted wood combustion painting by Alberto Burri (est. $10 million—15 million); a “Gray Painting” by Christopher Wool (est. $4 million—6 million); and the catalogue's cover lot, a Jackson Pollock painting once owned by Nelson Rockefeller (estimated in the region of $18 million), Link
WORLD RECORD FOR DAVID HOCKNEY AT CHRISTIE'S 81-year-old British artist David Hockney became the most expensive living painter when Christie's sold his Portrait of an Artist (Pool with Two Figures) (1972) for $90.3 million at its postwar and contemporary art auction in New York which realized a total of $357.6 million, compared with a revised pre-sale estimate of $323 million to $421.5 million. Link
THE BARNEY A. EBSWORTH COLLECTION SOLD AT CHRISTIE'S IN NEW YORK
Part One of Christie's sale of An American Place: The Barney A. Ebsworth Collection totaled 317,801,250,USD with 88% sold by lot,and 99% sold by value.