1.3 billion in just one week

– Ernie Barnes „The Sugar Shack“ 22 telephone bidders competed for the 1976 picture, which was purchased by hedge fund manager Bill Perkins for $15.3 million. It was estimated at $150,000. – (Foto: Christie’s Images Ltd. 2022) – – – – New York About halfway through the evening auction “20th Century” at Christie’s, the otherwise well-tempered … Read more

Before the big auctions: New York relaxes rules for the art market

KJust before the most important auctions of the spring season 2022, the New York auction houses were surprised by the city authorities. To improve the business climate after more than two years of pandemic, consumer protection regulations have been relaxed and economic regulations have been abolished. This should actually relieve smaller businesses such as laundries … Read more

Art – Macklowe Collection Auctioned for Record Price in New York – Culture

New York (AP) – The art collection of Linda and Harry Macklowe put up for auction due to their divorce has brought in almost $ 700 million in New York. This makes it the auction with the highest total value in the history of the auction house, announced Sotheby’s. The most expensive piece was the … Read more

Billionaire Divorce Delivers Sotheby’s Record Sales…

The first part of the art collection that real estate tycoons Harry Macklowe and Linda Burg auctioned after a bitter divorce has brought in $676 million, or EUR 595 million. Four works each brought in more than fifty million dollars. – Because the ex-couple couldn’t agree on the value of their extensive art collection, the … Read more

Part-shredded Banksy painting auctioned for 22 million…

The famous partly shredded painting by the British artist Banksy has been auctioned in London for 18.6 million pounds (almost 22 million euros). Auction house Sotheby’s speaks of a record on Twitter. The expected yield was between 4 and 6 million pounds. – The work ‘Girl with Balloon’ went through a shredder hidden in the … Read more

The market is in good shape again

New York Finally, after a very difficult year: “The market is back in good shape”, announced Sotheby’s Star auctioneer Oliver Barker on Wednesday evening with understandable enthusiasm. He had just sold art for a total of 597 million dollars in an extremely dynamic and animated tour-de-force, again via live stream. Sotheby’s Claude Monet’s late landscape … Read more

Calotypes by photography pioneer William Talbot on sale at Sotheby’s

Dated to the mid-1840s, nearly 200 photographs of Louis Daguerre’s unfortunate British rival will be auctioned off in April. He was the great rival of Frenchman Louis Daguerre and one of the pioneers of photography, William Talbot (1800-1877) is also one of the artists in the spotlight of a sale organized next month by Sotheby’s, … Read more

Anti-money laundering rules seek to end the culture of secrecy in the art market | WORLD

Will the new anti-money laundering regulations end the culture of secrecy entrenched in the art market? The sector defends old habits of discretion that favor transactions. Wealthy collectors have always cherished confidentiality, which is also part of the mysterious universe of auction houses. When a Botticelli was awarded last month for $ 92 million in … Read more

The proceeds are in line with expectations

– Alfa Romeo B.A.T. Concept Cars 5,7 und 9 The three Alfa Romeos from 1953 to 1955 owe their futuristic streamlined shape to the aircraft engineer Franco Scaglione. They made $ 15.5 million. – (Foto: Ron Kimball © 2020 RM Sothebys) – – – – New York The chorus of outraged voices has grown steadily louder … Read more