THE ARTOHOLIC
Auction Action
Coverage on the London Impressionist and Modern Sales
As the month came to a close, Sotheby’s and Christie’s held their series of Impressionist and Modern sales in London. With the day sales and works on paper sales being rather… “Ho-hum, nothing to write home about,” we typically turn to the evening sales to gauge the health of the market, but these results could … Continue reading
Coverage on the May 2014 American Sales
Both Sotheby’s and Christie’s unveiled their top American works at the end of May, leading to strong sell through rates and strong realized prices. At Sotheby’s, half of the top ten lots were by Norman Rockwell (in fact, there were 10 Rockwell’s sold in the sale and together they totaled $20M). After the Prom, painted in … Continue reading
Coverage on the May 2014 Modern & Impressionist Sales
It’s that time again when the semiannual sales kickoff and collectors from around the world battle it out at auction for some of the newest Impressionist and Modern works to hit the market. First up was Christie’s evening sale on the 6th which included works from the Viktor and Marianne Langen, Huguette M. Clark and Edgar … Continue reading
Coverage on the May 2014 Contemporary Auction Sales
I am sitting here looking over the contemporary results and I can’t help but think… “How many third world countries could you feed with the amount of money spent in one week?” Truthfully, you could probably feed some with just the top lot from one of the evening sales… Instead, the ultra-rich made it rain … Continue reading
new Consumer Contract Regulations threaten the art market in UK
Under the British EU laws, purchases made via the internet or outside the seller’s business grounds permit buyers to return goods within a 14-day window due to the inability to personally inspect the goods before the sale. This law excluded the returns of purchases made at auction as it may encourage irresponsible bidding leaving the … Continue reading
Hirst and Disney collaborate for Kids Company Charity at Christie’s
Damien Hirst has unveiled an iconic yet rather unusual work that will be auctioned off at Christie’s, London, next month in an effort to raise money for the charity, Kids Company. Kids Company provides practical, emotional and educational support to vulnerable inner-city children and young people, a cause Hirst has supported for the past six … Continue reading
Alyssa T. Rehs
Lance Rehs
Nathan Scheer
THE ARTOHOLIC 