Auctions

A Review of the Sotheby’s & Christie’s Auctions in New York: 9th-19th November 2021

Over the last two weeks the art market saw an upward price recalibration not seen since the mid 1980s and the Japanese hoovering of Impressionist collections at auction. Over the course of ten truly unprecedented days over 2.5 Billion USD-worth of art changed hands. We saw both the Cox and Macklowe collections change the shape …

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Preview of the November Auctions in New York: 9th-19th November 2021

Over the course of the next two weeks, in mighty New York, the art trade will see some truly world-class works of art come under the hammer. I am delighted to say that I shall be there for my first NYC trip in two years. Two outstanding single-owner collections will be sold: Christie’s Cox Collection …

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Review of the Impressionist, Modern & Contemporary Auctions in London: 29th June – 2nd July 2021

The Auction week in London saw strong results without the hyperbolic bidding of the recent past. The great items sold well but not for stratospheric sums and most of the good works merely scraped through having been presold to irrevocable bid guarantees. Sotheby’s and Christie’s combined brought over 330m GBP of sales in the week. …

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Preview of the Impressionist, Modern & Contemporary Auctions in London: 29th June – 2nd July

Given the staggering results of the art market, via auction at least, over the past 12 months I think it is fair to write that these forthcoming Summer sales in London will be as successful as ever despite their diminutive size and post-Brexit location. The last auctions in New York were as vastly lucrative as …

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A Review of the Impressionist, Modern & Contemporary Art Auctions in New York: 11th-14th May 2021

Across the board, from a 100m USD Picasso to a 11,000 USD Heckel work on paper the auctions last week performed as well as ever. The astonishing range of work put together by Christie’s and Sotheby’s made for a fascinating few days in which the new department bodies at Christie’s (20th Century separated from 21stCentury) had …

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Review of the Spring Auctions, London: 23rd-26th March 2021

Last week’s Impressionist, Modern & Contemporary Art auctions, mainly in London, saw remarkably strong bidding throughout all the sales. Across the board, sell-through rates were high (well over 90% by lot across all Evening sale formats) and the overall feeling was one of relief that the market is still countering the Covid headwind. A long …

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The Sotheby’s & Christie’s London Spring Auction Preview: March 2021

The auction season is nearly upon us and both previews looked very strong at both Sotheby’s and Christie’s. I managed to see all the works of art over two long visits. Masks were worn and only art market professionals were allowed; which made for a lonely but awe-inspiring visit. At Christie’s the highlights are plentiful, …

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Auction Review: The Spring Season’s Opener at Christie’s London & New York

The 1st March evening auctions in London and New York were a huge success with 98% sold by lot. Never has a 44m GBP Evening sale/s been so welcomed by the trade and collectors the world over. The market seems as strong as ever but there were mitigating factors: Christie’s has been helped by the …

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Happy New Year and a Preview of the Art Market in 2021

As has been recorded countless times, the art market in 2020 was well and truly up-ended by the bizarre times in which Covid forces us to live. The early part of 2021 looks no different and I envisage no fairs of importance taking place physically until the early Summer. That said, the auction houses have …

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Review of Sotheby’s New York’s Impressionist, Modern & Contemporary Evening Auctions, 28th October 2020

The depth of bidding may not have been as overwhelming as hoped but the end results of the two main auctions at Sotheby’s last week indicated a market still strong enough to deliver some sensational results. These included fabulous prices for more ‘traditional’ works of art, including a white glove (all sold) sale in the …

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