Posts Tagged 'auctions'

Art auction quiz

The New York Times has a quiz today, “Are You Smarter than a Billionaire?” which asks you to guess which item, in a pair from this week’s auction sales, got the highest price.   There are some surprises.  To help get you in the right frame of price reference: the Modigliani below fetched $170 million.

Modigliani

Artsy named Best Art Website

Artsy.net Education (accessed April 30, 2014)Artsy was named Best Art Website at the 18th Annual Webby Awards. Artsy’s mission is to make all the world’s art accessible to anyone with an Internet connection and is powered by The Art Genome Project. The New York Times has dubbed the award the “internet’s highest honor.”

via ArtDaily

Francis Bacon triptych buyer revealed

bacon-auction-3_2732553bIn case you’re dying of curiousity about who bought the Francis Bacon triptych for a record-breaking $142.4 million at the Christie’s auction in November (as reported here at the Red Dot), it has been revealed.  The New York Times reported that is was  Elaine Wynn, ex-wife of casino owner Steve Wynn.  And in case you’d like to see it, she’s lent it to the Portland Art Museum where it will be on view through March 30.

A good reason to go to garage sales

ding-wareYou could find yourself $2.2 million richer.  A family in New York just sold a bowl through auction at Sotheby’s for that amount.  They bought the bowl at a garage sale in 2007 for $3.  Yes, $3.    Turns out it was rare “Ding ware” from the Song Dynasty, approximately 1,000 years old.  So, keep your eyes open.

From Culture Monster in the LA Times

Get out your metal detectors!

A lucky person with a metal detector uncovered a Roman helmet last year, which is now going up for auction at Christie’s (on Oct. 7).  It’s expected to fetch between $315,000 and $470,000.  It is one of only three of its caliber and design  (with complete face masks)  ever discovered in England.  It was found in the northwest, and was in 74 fragments when found.

Read the full press release here.  And, read about the ownership/right-to-sell controversy here, along with a film clip of Christie’s antiquities specialist which shows more details of the helmet.

UPDATE – it went for over $3 million!!!  Read the story here.

Recent trends in the art market

The Wall Street Journal recently reported on current trends in the art market.  Several dead artists continue to sell at record-breaking prices, while the value of many artists both living and dead dropped for elusive reasons.  Art collectors apparently feel confident about Renoir, Monet, Dali, Warhol and Picasso (whose “Nude, Green Leaves and Bust” sold for $106.5 million recently).  Artists whose stock seems to be falling at the moment include Bonnard, Munch and Damien Hirst.   The Munch works that failed at auction this year have depicted “happier” themes, which may be less popular than his darker works.  Bonnard is simply thought to be suffering from “bad luck”.

This WSJ graphic summarizes these trends.

JSTOR digitizes auction catalogs

JSTOR, in collaboration with the Frick Collection and the Metropolitan Museum of Art, offers a beta website to search auction catalogs from these two institutions. The pilot project digitizes and transcribes select pages from a set of American and British auction catalogs dating from the 18th-early 20th century.  Users are encouraged to offer feedback, including via an extensive Help Section with interactive features that allow users to edit entries (recent edits and their status are listed along the right side of the welcome page).


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