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By Adrian Darmon
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
SOTHEBY'S IMPRESSIONIST & MODERN ART DAY SALE BRINGS $38.8 MILLION
SOTHEBY'Ssale of Impressionist & Modern art held in New York on November 15, 2016 brought $ 38.8 million led by the phenomenal
results for a selection of bronze sculptures by Diego Giacometti, which together sold for $6.8 million.
MUNCH'S PAINTING PROPELS SOTHEBY'S IMPRESSIONIST & MODERN ART SALE Edvard Munch's stunningPikene på broen (Girls on the Bridge) from 1902 brought $54.5 million, making it the second-highest auction price for any work by the artist afterThe Screamandhelping propel Sotheby's Impressionist & Modern Art Evening sale total to $157.7 million on November 14 2016 in New York. Link
SOTHEBY'S FRIEZE WEEK SALE TOTALLED OVER 83 MILLIONS GBP Sotheby's Frieze week sale series totalled £83.5 million, exceeding its top estimate. The Contemporary Art Evening Auction alone realised £48 million, the highest amount ever achieved during Frieze week. The sale was led by two works by Gerhard Richter and Jean-Michel Basquiat, which both went over £10 million. Link
CHRISTIE'S SALES FELL BY 33% DURING THE FIRST HALF YEAR OF 2016 Christie's global sales during the first half of 2016 totaled 3 billion USD, a 33% drop in US dollar terms compared with the same period in 2015 when sales amounted to 4,5 billion. Link
STRONG RESULT FOR CHRISTIE'S SALE OF OLD MASTERS The Old Master and British Evening Sale held by Christie's in London on July 7,2016 achieved £65,390,100 with a £44,882,500 bid on Peter Paul Rubens's Lot and his Daughters, Link
SOTHEBY'S SALE OF MASTERPIECES TOTALS ALMOST 32 MILLION GBP Including Old Master paintings, sculpture and works of art,masterpieces offered for sale at Sotheby's on July 5 and 6,2016 sold for a combined 31,831,191 GBP with auction records for works by Marten van Cleve the Elder, Niccolo di der Sozzo, Pacino di Bonaguida, Barthel Beham, Jean-Etienne Liotard, Louis-Gabriel Blanchet, Dominic Serres, Peter Lely and Jan Brueghel the Elder. Link
HUGE SCANDAL ROCKS THE PARIS ART MARKET by Adrian Darmon A huge scandal has rocked the Paris art market following the arrests of two of its main representatives suspected of having sold fake pieces of furniture, notably to the royal chateau of Versailles. Link