25 May 2011


Cindy Sherman $3.89m Record Price For Photograph

A record price for a photograph was achieved recently at Christies, New York. Cindy Sherman’s ‘Untitled #96′, part of a series compiling ten unpublished photographs commissioned by Artforum Magazine In 1981 now becomes the most expensive photograph ever sold. Sherman produced the series as a take off on men’s magazine centerfolds formating them as double […]

7 May 2011


Francis Bacon Masterpiece Goes Under The Hammer

Sotheby’s has announced that its forthcoming London Summer Contemporary Art Evening Auction will be led by “Crouching Nude”, an important canvas by the seminal British Artist Francis Bacon. The painting has never been offered at auction before and should realize at least £10 – 15 million . The oil on canvas was created in 1961 […]

23 March 2011


Chinese Vase Sells For Astounding £11m At Sotheby’s

Another record price has been achieved for a Chinese vase. This time it is £11m for what is presumed to be a Qianlong vase. The Sotheby’s auction of Chinese Ceramics and Works of Art from top dealers J.T. Tai & Co. took place yesterday, in New York and everyone is holding their breath to see […]

21 March 2011


Chinese Vase £51m Sale Faces Collapse

The Most Expensive Chinese Work Of Art Still Unclaimed After Four Months We reported on 7 March, the record-breaking £51m sale of an 18th century Qianlong-dynasty Chinese vase from a suburban London auction house had collapsed. Well the plot thickens. Intrigue and sabotage has been blamed for the sale falling through, but Bainbridge’s Auctioneers of […]

6 March 2011


Pinner Vase Sale a £51m Stiff?

Intrigue and sabotage blamed for the sales collapse The internationally reported sale of an 18th century Qianlong-dynasty Chinese vase from a small suburban London auction house last November has fallen through. Bainbridge’s of Ruislip scored the record, for the highest price realized for a piece of Chinese art, sold in the UK. The fact of […]

18 February 2011


Protests Disrupt Sotheby’s Contemporary Art Sale

While the Sotheby’s Post War and Contemporary Art Evening Sale realized  totals of £44.4 million another very different auction was taking place outside on the street in London. The Arts Against Cuts group were auctioning off public services like the libraries for £.99 or a pound could purchase the NHS.Loud orgasmic moans were vocalized during […]

15 February 2011


Christie’s, Sotheby’s and Phillip’s de Pury Contemporary Art Sales

RESULTS: Feb 17th – 7pm Phillips de Pury and Company Contemporary Art Evening Auction The Auction sale totalled £5,409,200. The highest individual piece was for a Jean-Michel Basquiat at £1,127,650 Feb 17th – 1pm Sale: 7956 Christies Post War and Contemporary Art Day Auction The Auction sale totalled £14,273,225. The highest individual piece was for […]

9 February 2011


Latest Art Market News

  The art market is thriving. Fine art is confidently viewed by financial experts as one of the best performing asset categories of 2010. The international Modern and Contemporary art markets are up by an average of 25%, against FTSE’s 11% and Dow Jones 9%, and by all accounts this trend will continue through 2011- […]

29 January 2011


Arts Donations From UK Business Falls By 11%

Businesses investment in UK arts fell last year by 11%. This was despite Culture Secretary Jeremy Hunt’s DCMS directive to encourage corporate philanthropy. The initiative was launched last year to take the pressure off of the Government, which has made cuts to the arts of around 30%. The figures clearly highlight the universal tightening of […]

28 January 2011


Christie’s Sales Total Record-breaking £3.3 Billion

Contemporary art market bounces back In 2010 Christies has announced sales figures of £3.3 billion or $5.0 billion for 2010. This is up 53% and a record for the world’s leading art business. The 245-year-old company now holds the record for the highest total recorded in the industry. The contemporary art market bounced back last […]

5 January 2011


London Art Fair Latest

London Art Fair 19 – 23 January 2011, presents over 100 galleries featuring the great names of 20th Century British art and exceptional contemporary work from leading figures and emerging talent. This January over 100 leading Modern British and contemporary art galleries will be brought together for the 23rd edition of the London Art Fair […]

13 November 2010


£53 Million “Pinner” Chinese Vase Sets Record

An auction record was set this week for a piece of Chinese art, when a 16 inch high ceramic vase decorated with 4 circular cartouches, each masterfully carved and enameled with carp (a symbol of plenty) beneath a primrose yellow trumpet neck sold through the small suburban auction room, Bainbridges in Ruislip, Middlesex UK. The […]

11 November 2010


Christie’s Record Breaking Contemporary Art Sale

Auction News     The highest total for a Post-War and Contemporary Art sale was achieved yesterday when Christie’s New York led by an exceptional group of works from Roy Lichtenstein, Andy Warhol, Jeff Koons, and Gerhard Richter pushed prices even higher into the art world stratosphere. A total of $272,873,000/£169,181,260 /€199,197,290, selling 93% by lot and […]

9 November 2010


Stuart Cary Welch Collection Of Islamic and Indian Art Offered By Sotheby’s

Sotheby’s has announced today the sale of works from the personal collection of Indian and Islamic Art acquired by the late American academic, Stuart Cary Welch. This renowned collector pioneered this area of art collecting as early as 1952. He was also a curator, scholar and gifted teacher. His contribution for over half a century […]

8 October 2010


Jerry Hall Portrait By Lucien Freud Goes Under The Hammer

The Former partner of Mick Jagger, Model Jerry Hall will auction part of her art collection at Sotheby’s next week. included is a portrait by Lucian Freud, expected to fetch up to £1.2 million. The painting ‘Eight Months Gone’ shows Ms Hall, nude and eight months pregnant. The sale also includes works by Damien Hirst, […]

29 September 2010


Dennis Hopper Collection Under The Hammer

10-11 November 2010. An additional 200 works will be offered in Christie’s Interiors sale in January 2011 TBA Christie’s NEW YORK is presenting The Dennis Hopper Collection. Unknown to his many fans Hopper was an artist, a filmmaker, an actor, and a passionate art collector of contemporary art. He amassed more than 250 works throughout […]

24 September 2010


Lehman Art Auction Raises £1.6 Million

Here are the highlighted results of the Lehman sale which took place on the 29th September 2010 at Christies South Kensington. The sale set a European record for the number of registered online bidders, with more than 1,200 people signing up to own a piece of financial history. a plaque commemorating the opening of the […]

21 August 2010


£1bn Generated By Tourists To UK museums

The UK’s major museums and art galleries generated over £1bn in revenue from overseas visitors in 2009, VisitBritain, the national tourist authority released the figures yesterday with optimistic predictions for the future. With 30 million visits last year to the UK, over a third included a trip to a leading cultural institution. The report by […]