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Introduction Christie’s, one of the world’s leading auction houses, recently held its first evening sale in the marquee November auctions in New York. The auction, dedicated to art created in the 21st century, failed to meet its expectations, resulting in subdued results and a lack of record-breaking sales. Shortfall in Hammer Price The evening sale […]
Christie’s November Auction Falls Short of Expectations Read More »
Introduction In a significant development in the world of art and antiquities, Serop Simonian, the alleged leader of a suspected Egyptian antiquities trafficking ring, was arrested in Germany and subsequently transferred to France. This arrest is linked to an investigation into the sale of potentially smuggled Egyptian antiquities, valued at a staggering €60 million ($64
Introduction Sotheby’s recent Modern & Contemporary South Asian Art auction in London had an exceptional sale when an untitled artwork depicting the Hindu god Shiva by renowned artist Manjit Bawa fetched a staggering $2.3 million, with set a new record for artists It was painted in 1995, a decade before the artist’s death, and offers
Introduction Despite superstitions surrounding Friday the 13th, Christie’s London hosted successful evening auctions on October 13th, 2023, with substantial earnings of £96.5 million, including fees. Bidding exhibited a more controlled atmosphere compared to previous years, and the results were well within the auction house’s estimates. Salvo’s Painting Steals the Show One of the standout moments
Christie’s London Sales Thrive Despite Friday the 13th Superstitions Read More »
Despite the hype surrounding Paris, dealers claim that London still dominates the European art market as Frieze opens Amid the spectre of Brexit and stringent Covid-19 measures two years ago, London’s standing as Europe’s art capital seemed under threat from Paris. However, as Frieze London’s 20th edition approaches, art dealers and experts are refuting these
A Rare Opportunity to Acquire Priceless Artworks from the Music Executive’s Collection In a highly anticipated art event this fall, a remarkable collection of 13 works owned by American music executive Jerry Moss is set to go under the hammer at Christie’s, with an estimated total value of $50 million. This collection, which does not
Jerry Moss Collection: Iconic Kahlo Painting and More to Auction at Christie’s Read More »
A Shift in Attribution Leads to a Staggering Increase in Estimated Value In the world of art, the value of a painting is often closely tied to its provenance and attribution. Such is the case with “The Adoration of the Kings,” a small nocturne depicting a Biblical scene, which has recently undergone a remarkable transformation
Art auction houses, which saw a slump in business a decade ago, are uncorking the bubbly and celebrating a red-hot market today. Close to 60% of the works sold this year in March went for prices higher than upper estimates, according to the Indian Art Investor, an art market advisory based in Delhi. Gallerists, auctioneers
A Statistical Analysis of the Rampant Rise in Indian Art Read More »
Introduction Christie’s, a renowned name in the art world, has made an announcement, revealing that Claude Monet’s celebrated painting, ‘Le bassin aux nymphéas’ (1917-1919), will take centre stage at its 20th Century evening sale in New York this coming November. The masterpiece, adorned with a guarantee, is estimated to fetch an impressive $65 million. An
Introduction The National Gallery of Modern Art (NGMA) in Bengaluru is currently hosting a retrospective exhibition that pays homage to one of India’s legendary master printmakers, Devraj Dakoji, who, at the age of 79, stands as the last of his kind. This remarkable exhibition, on display until October 10, features over 600 works from the