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By Adrian Darmon
KANDINSKY'S RECORD PRICE BROKEN TWICE Wassily Kandinsky's auction record was broken twice within minutes during Sotheby's Impressionist and Modern art sale held in London on June 21,2017 when his 1909 landscape with a green house sold for the equivalent of 26,4 million USD followed by his 1913 canvas titled “Bild mit Weissen Linien" (Painting With White Lines)”, which fetched 33 million pounds ($41.6 million with fees) Link
448 MILLION USD FOR CHRISTIE'S SALE OF POSTWAR AND CONTEMPORARY ART Christie's sale of postwar and contemporary art held at Rockefeller Center on May 17,2017, yielded a total of $448 million, not far from a 462 million expectation, simply because of a last-minute withdrawal of a major lot by Willem de Kooning estimated between 25 million and 35 million USD. Link
SOTHEBY'S SAVES ITS SALE OF IMPRESSIONNIST AND MODERN ART Sotheby's sale of Impressionist and Modern art held on May 16, 2017 in New York only yielded 173 million USD after its major lot by Egon Schiele was withdrawn. Link
A RARE NYC SUBWAY PLAQUE TAGGED BY KEITH HARING TO BE SOLD IN PARIS A rare NYC subway plaque tagged with a "Radiant Baby" by Keith Haring will be offered for sale by the Crait-Muller auction group on April 28, 2017 in Paris. Link
SOTHEBY'S CONTEMPORARY ART SALES FARED WELL Sotheby's Contemporary Art sales held during the first week in April achieved outstanding performance totaling HK$470 million/ US$60.2 million, a 50% increase from Autumn 2016 with 93% sell-through by lots. Link
SUCCESS FOR SOTHEBY'S SALE "MADE IN BRITAIN" Held on April 5, 2017, Sotheby'sMade in Britain sale in London went well beyond pre-sale expectations to realize a total of £ 2,605,752 with 90% of lots sold and 74% exceeding their high-estimates. Link
CHRISTIE'S SALE OF IMPORTANT CHINESE ART YIELDS OVER 262,800,000 USD Christie's dedicated Evening Sale ofImportant Chinese Art from the Fujita Museum, held on March 15, 2017 in New York realized a grand total ofUSD$262,839,500 which alone has surpassed the previous record for any Asian Art Week series in auction history. Link
SOTHEBY'S SALE OF CONTEMPORARY ART IN NEW YORK TOTALED OVER 26 MILLION USD Sotheby's spring season of Contemporary Art auctions started on March 2 2017 in New York with Contemporary Curated fetching $26,187,625, well over the $16.4/23 million estimate. Link
CHRISTIE'S SALE OF POST-WAR AND CONTEMPORARY ART TOTALS OVER 96 MILLION GBP ThePost-War and Contemporary Art Evening Auctionheld in London on March 7, 2017 yielded £96,384,000, a 65% increase on last February's equivalent total, with strong sell-through rates of 95% by lot and 98% by value. Link
A MUCH RESPECTED COLLECTION YIELDS OVER 14 MILLION EUROS AT CHRISTIE'S On 7 March 2017,Christie'sBoniface de Castellane and Anna Gould 'A way of Life' auction achieved a total of €14,266,563 with a magnificent view of the Plazza San Marco by Francesco Guardi fetching € 6,738,500, the highest price achieved by far for an old master painting sold at auction in France over the past two decades Link
TRIUMPH FOR DIEGO GIACOMETTI AT CHRISTIE'S
On 6 March 2017 in Paris, Christie's The Giacomettis of Hubert de Givenchy auction achieved a total of €32,748,500 with 100% of the lots sold above their pre-sale estimate.
The top price of the evening was Diego Giacometti's octogonal table aux caryatides et atlantes, executed circa 1980 which realised €4,162,500 (estimate: €600,000-800,000) establishing a new auction record for the artist.
Sotheby's Evening Sales of Impressionist & Modern Art and Surrealist Art held on March 1 2017 at Sotheby's London totalled £194,753,500, a sum which more than doubled the equivalent sale organized last year with a sell-through rate of 88.9%.
CHRISTIE'S SALE ART OF THE SURREAL FETCHES A TOTAL OF OVER 136 MILLION GBP The Impressionist & Modern Art Evening Sale and Art of the Surreal at Christie's in London on February 28 2017, achievied a combined total of £136,874,598 with lively bidding for Portrait de Lluis Alemany, a work dating from the very beginning of Picasso's career (£773,000 ) and continued with Berthe Morisot's "Femme en noir or Avant le théâtre", which achieved £2,045,000 against a pre-sale estimate of £600,000-800,000 and her "Femme et enfant au balcon" , which more than doubled its high estimate to realise £4,085,000. Link
APPOINTMENT AT CHRISTIE'S Prof. Dr. Dirk Boll has been appointed President, Christie's Europe, Middle East, Russia and India effective immediately and reporting to Guillaume Cerutti, Chief Executive Officer. Link
SOTHEBY'S SUCCESSFUL SALE OF JUDAICA The Important Judaica sale held by Sotheby's on December 15 2016 which began with a significant selection of property from the estate of Shlomo Moussaieff totalled 5,33 million dollars. Link
SOTHEBY'S SALE OF AFRICAN AND OCEANIC ART IN PARIS The sale of African and Oceanic art concluded by Sotheby's on December 14 in Paris realized an outstanding total of €8 million. Link
OVER 31 MILLION EUROS FOR SOTHEBY'S CONTEMPORARY ART SALES IN PARIS Sotheby's achieved their best result in the field of Contempary art in France since 2001 with a sale held in Paris on December 6 and 7 which totalled €29,049,750, exceeding its presale estimate of €16-23 million, while contemporary artworks from an Italian collection achieved €1,853,500. Link
DAVID BOWIE'S ART COLLECTION DOUBLED ITS GLOBAL ESTIMATE Every lot found a buyer in the first of Sotheby's two-day sale of theDavid Bowiecollection held in London on November 9, 2016 and the pre-sale estimate of £8.1 million to £11.7 million was easily smashed to reach a total of £24.3 million. Link
CLAUDE MONET HITS THE CEILING AT CHRISTIE'S A Claude Monet painting titled "Meule", partpart of his famous grainstack series, was sold at auction by Christie's in New York on November 15, 2016 for 81.4 million dollars, a record for the French master. Link
CHRISTIE'S POSTWAR AND CONTEMPORARY SALE BRINGS $277 MILLION Despite a $ 277 million turnover, Christie's Postwar and contemporary sale held in New York on November 15, 2016 but it seemed the market has been slowing down during the past year. Link