Posts tagged as:

auctions

Highlights from the Artprice Contemporary Art Market Report

by Corinna Kirsch on October 10, 2012
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What happens to the wealthy is what happens to the rest of the art world. At least, that’s what Artprice’s annual contemporary art market report suggests. Every October, Artprice publishes The Artprice Annual Report, a whopping 140-page document about trends in the contemporary art market; they look at art auction records,then talk to dealers and anybody else managing multi-million-dollar art sales to come up with a sense of the health of the market as a whole. We disagree, knowing that what happens at the auction houses doesn’t trickle down to the rest of the art world; for all its flaws, though, we enjoy reading this thing.

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AFC’s Cheat Sheet for Today’s Contemporary Sale at Phillips de Pury

by The AFC Staff on June 28, 2012
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Get ready for another art auction! Today Phillips de Pury will hold its Contemporary Art Evening Sale in London. We’re watching it online at 7 PM (2 PM for New Yorkers), and we’ve created a cheat sheet for the most talked about lots. Which records will be shattered? Which artworks will be remain unsold? And most important, will the auctioneer pronounce artists’ names correctly?

We made pros and cons for the works that were most interesting to us, so you can place your bets. Our predictions: cement trucks, dicks, and the letter U will all edge toward victory.

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Akron Art Museum Sells a Cindy Sherman for $2.8 Million at Christie’s

by Corinna Kirsch on May 9, 2012
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Tuesday night, the Akron Art Museum sold off Cindy Sherman's Untitled #96 (1981) at Christie's. Continuing the solid sales at New York spring auctions, the “orange” Cindy Sherman sold for $2,882,500, including tax and commission. That's more than the Akron Art Museum's total revenue from 2010.

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Contemporary art sales: The wizards of the Warhol market | The Economist

by Paddy Johnson on May 23, 2011

Contemporary art sales: The wizards of the Warhol market | The Economist – The auction room is a powerful marketing platform. 

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Christie’s Blurs The Line Between Public and Private Collections

by Paddy Johnson on May 6, 2011
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Felix Salmon has a good post about the Warhol auction racket, if you can parse the Warhols. According to Salmon, seven same-sized large self-portraits exist, each painted in 1986. Christie’s claims  “[a]ll the other versions are in museums or in foundations open to the public”, but only four are easily traced to such institutions: one in the Guggenheim, one in Fort Worth, and two in Pittsburgh. Remaining is the one Christie’s will auction May 11, and one sold at Sotheby’s last year, and another, which was described by Sotheby’s last year as part of a private collection.

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