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Christie’s and Sotheby’s prepare their prestige May sales in New York

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The market is holding its breath ahead of the critical May sales in New York that will inevitably gauge the health of the Impressionist, Modern and Contemporary segments. As expected, the price tags are substantially lower than a year earlier in all three segments

[05/04/2009] - Read more

Contemporary drawing prices

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Demand for contemporary drawings started to accelerate in New York at the beginning of this decade before spreading to other cultural capitals. In 2002, the MOMA put on a show entitled Drawing Now: Eight Propositions, a large exhibition bringing together 300 contemporary drawings by 26 prominent European, Asian and American artists including David THORPE , Paul NOBLE , Toba KHEDOORI , Kara WALKER , Yoshitomo NARA , Elizabeth PEYTON , Ugo RONDINONE and Chris OFILI .

[03/23/2009] - Read more

Contemporary art market: Christie's beats the record for an art auction with USD 133.7 million

On 12 May 2005, Christie's set a new record for a contemporary art auction, generating USD 31.7 million more than the existing record of USD 102.7 million also set by Christie's last year.
It only took 65 lots to reach USD 133.7 million. As spectacular, 17 records were beaten during this evening session alone. The record-breakers include notably Franz Kline, Edward Hopper, James Rosenquist, Elizabeth Peyton, Richard Prince and Peter Doig.

[05/13/2005] - Read more
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