The marathon weeks of March art sales have completed their run in London this evening, following a Sotheby’s outing this evening that concludes a trio of Contemporary and Post-War sales in the British capital. Challenging easy assumptions about a slumping art market, Sotheby’s indicated an early push for market share with this sale, carrying a daring 40% of its offerings this evening with guaranteed bids that seemed to pay off with consistently strong results. The auction house’s 64-lot outing managed to manage a number of impressive sales on top of a consistently comeptitive pool of bidders, resulting in a final sales figure of £118,015,150 with only a handful of unsold lots (4 total). (more…)
Archive for the 'Auction Results' Category
Taking its turn after a consistent offering yesterday at Christie’s, Phillips held its spring 20th Century Sale at its 30 Berkeley Square this evening, a 30-lot affair that saw a less measured evening by comparison, underscoring the auction house’s continued efforts to compete alongside the auction house giants, and the challenges it still faces in competing against these marquee sales . Scaling its offering back in comparison with full 60-lot offerings at the other sales, the house managed to move its premier works, while occasional struggles in placing lots overshadowed some of its larger successes. The sale saw 5 lots go unsold over the course of the evening, not counting two withdrawn lots, bringing a final tally of £14,660,000. (more…)
Following a few days pause for collectors to recover from the busy rush of Armory Week in New York, Christie’s has kicked off another week of major sales in London this evening, concluding its Post-War and Contemporary Evening offering with an unexpectedly energetic outing.
Critics and insiders watching the sale had said little on the auction house’s offerings this week, other than its focus in recent sales on Asian bidders, instead focusing primarily on the high percentage of guaranteed lots in Sotheby’s competing offering tomorrow night. Even so, Christie’s carried its own trove of guarantees, with at least 5 works promising third-party guarantees before the sale. The strategy seemed to pay off, as the evening’s lots moved swiftly and without issue, with only 3 lots failing to find a buyer, and ultimately bringing the sale to a final tally of £96.3 million.
Njideka Akunyili Crosby, The Beautyful Ones (2012), via Christie’s (more…)
Following a strong outing by Christie’s this week in London, Sotheby’s has taken its turn at the Impressionist, Modern and Surrealist markets, capping a tightly-run sale this evening that continued a week of unexpectedly strong outings for both auction houses, ultimately tallying a final of £177,022,250 for the auction house’s Impressionist and Modern sale (with 4 lots going unsold over the course of the evening), and £17,671,250 for its Surrealist sale shortly after (which saw only 2 lots go unsold). (more…)
Paul Gauguin, Te Fare (La maison) (1892), via Christie’s
As New York City gears up for the rush and bustle of Armory Week, London has its own series of sales in swing, opening two weeks of major evening sales this evening with an impressively steady outing at Christie’s that offered some reassurance for towards alarmists and critics of the market’s current strength and consistency. The pair of sales, kicked off by Impressionist and Modern works, and capped with a brisk sale of Surrealist pieces shortly after. (more…)
AO Auction Results – New York: Phillips 20th Century Evening Sale and Christie’s Impressionist and Modern Evening Sale, November 16th, 2016Wednesday, November 16th, 2016
Doubling down on Wednesday night, Phillips and Christie’s went back to back on a marathon pair of auctions, Phillips with its 20th Century Sale and Christie’s with its Impressionist and Modern sale, that pushed the fall auction week to near completion with surprisingly potent results, including a new auction record for both Claude Monet and Wassily Kandinsky. (more…)
The packed week of New York auctions began uptown tonight, as Sotheby’s capped its Impressionist and Modern Evening Sale this evening to unexpectedly energetic results, reaching a final tally of $157,714,75o, with 9 of the night’s 42 lots offered going unsold. Auctioneer Helena Newman led a brisk sale over the course of the evening, coordinating quick back and forth bids that kept prices rising and works moving quickly, a performance that earned a number of strong sales in the early lots, and kept momentum high until the last lots of the sale, when enthusiasm seemed to peter out. (more…)
The Sotheby’s Contemporary and Post-War Evening Sale closed out a weekend of unexpectedly strong and enthusiastic sales in London this week, continuing both a solid week of sales at Frieze London as well as a series of impressive sales at both Christie’s and Phillips in the past days. Adding its own mark to the week’s proceedings, the auction house saw strong results for its first major offering of the fall season, tallying a final result £47,953,000 with 3 of the 34 lots going unsold. (more…)
Continuing the week’s unexpectedly strong auction results, Christie’s cinched up its entry in Frieze Week’s series of Contemporary Evening sales tonight in London, capping a 42-lot offering with a sale of brisk and enthusiastic bidding that ultimately pushed the sale to impressively strong results given the glut of sales and works on offer this week. Only 2 works went unsold over the course of the main sale, with 1 lot withdrawn to bring a final of £34,266,000, followed by a less impressive Italian sale that still managed to achieve £18,680,250 in its own right after a number of passes and underbid lots.
Complementing the offering of new works across town at Regent’s Park, Phillips London has opened a week of auctions around Frieze Week, closing out its 30-lot sale this evening with a consistent sale, seeing 6 of the evening’s 30 lots go unsold to reach a final tally of £17,867,750. (more…)
Currently on view at Maccarone Gallery in LA, New York-based Paul Lee has brought a series of his enigmatic assemblages to bear on the gallery walls. The artist, who previously worked between film and photography, has branched out over the course of his career into a wide variety of techniques, formal elements and material engagements, turning his attention here to a minimal selection of objects that allow him to explore a series of visual correlations and systems within Maccarone’s spacious rooms.
Spread across both of Gagosian’s Chelsea exhibition spaces, Richard Serra’s immense spatial investigations have returned to New York City, marking a continuation and expansion of the artist’s already tightly honed sculptural language. Consisting of a total of only four works, the gallery is showing Serra’s immense rolled steel work NJ-1 in its 21st Street space, while giving over its 24th Street gallery to a trio of Serra’s pressed steel installations, a pairing that sees him returning to his precise visual vocabulary while pushing its expressive limits.
Richard Serra, Every Which Way (2015), via Art Observed (more…)
In 2012, David Zwirner Gallery launched a novel concept for the summer group show. Called People Who Work Here, the gallery opened its floors to its own employees, launching an exhibition of works that underscored the depth of talent of those working for the international mega-gallery. Four years later, the gallery has picked up where the last exhibition left off, opening a new iteration of the show that welcomes over 35 artists to show their work at the gallery’s 19th Street location, just steps away from a massive new Jeff Koons sculpture in the gallery’s open garage exhibition space. Curated by Marina Gluckman and Jaime Schwartz in gallery’s Research and Exhibitions department, the show takes a playful look at the gallery’s skilled employee based, and offers subtle historical parallels with its own selection of artists.
New York – Sam Lewitt: “Less Light Warm Words” and Mathis Althmann: “Foul Matters” at Swiss Institute Through July 24th, 2016Wednesday, July 20th, 2016
The news that Swiss Institute would leave its location at 18 Wooster this summer joined a slow but steady list of high-profile departures from SoHo that included Artist’s Space and other longtime residents of the neighborhood. With this movement from its home soon to be underway, Swiss Institute has turned its attention to a pair of exhibitions dealing with concepts of the institution, infrastructure, and urban locales as it takes its final bow in the space. Giving the space upstairs over to artist Sam Lewitt’s installation Less Light Warm Words, while German artist Mathis Altmann takes over the gallery’s basement exhibition space, filling it with a bizarre series of pieces that mix the abject with the structural.
Exploring recent trends in the use of ceramics and pottery in contemporary art practice, Galerie Max Hetzler has launched a group exhibition exploring not only current approaches and interests in the ancient art of ceramics, but equally placing it in the context of 20th and 21st Century practice. Delving into the historical undertones and evolutions of the ceramic craft in the hands of those not originally trained in the medium, the show moves from the early explorations of Lucio Fontana, through to a range of works made in the past five years.
Few artists have served as such fervent and enigmatic documentarians of the modern landscape as Wolfgang Tillmans, the German-born, London-based photographer who mixes astute and often empathetic images of nightlife and youth culture alongside his more exploratory projects, mixing natural photos, landscapes, and even surreal images of technological innovations, massive building projects, or the iconography of international commerce. For his current exhibition at Maureen Paley in London, Tillmans has allowed each of these elements to take their moment in the spotlight, creating an expansive catalog of works that feels remarkably perceptive in the context of current events.
Adding one final sale to the end of a long two weeks of auctions, Christie’s “Defining British Art” Sale this past evening notched an impressive last set of sales for the spring season, pushing a 29-lot sale of works ranging from Impressionist Masterpieces to Modernist Sculpture to Contemporary pieces to an impressive £99,479,500 final tally. The sale saw only two works go unsold over the course of the evening, and offering an exclamation point at the end of a week that did much to challenge assumptions over the impact of the Brexit on market health in Europe.
The post-Brexit contemporary sales continued in London this past evening, as Sotheby’s capped a 47-lot offering of contemporary and post-war works, seeing all but 7 works find a buyer, and bringing in a sales tally of £52,194,000 that exceeded its initial $35 million estimates. (more…)
The first of June’s Contemporary Art sales in London has wrapped up in London this evening, as Phillips concluded its 20th Century and Contemporary sale to mixed results and a final sales total of £11,873,000, within the evening’s sales estimate. The 31-lot sale saw 10 of its works go unsold, while a handful of other pieces brought impressively strong prices, ultimately casting ominous, albeit foggy indications of the European market in the wake of the Brexit vote.
Early warnings about this week’s sales in London seem to have some weight to them following the sales outcome at Christie’s this evening. The auction house’s summer Impressionist and Modern Evening Sale wrapped in London tonight with a dreary outing, closing the 36-lot auction to the paltry tune of £25,612,500, with almost one third of the works offered failing to find a buyer.
Sotheby’s logged its entry in the Impressionist and Modern Evening sales last evening, with a healthy, brisk sale that reached a final tally of £103,280,000, beating initial estimates with only three works unsold. Despite a small selection of lots, the evening’s offerings saw healthy competition, and several top lots that commanded hefty final prices, even if prices tapered off quickly after several marquee works.
After a long week of sales that has seen both ups and downs for the two main auction houses, Christie’s has concluded its week with a consistently solid Impressionist and Modern sale, with 7 of the 54 lots at auction going unsold for a final tally of $141,532,000. The auction house saw its momentary stumbles over the course of the sale, with several pieces falling well below estimate, and a few high-profile lots going unsold. Even so, Christie’s managed to keep the bids moving, and keep works selling, a point that surely is not lost on those watching Sotheby’s occasionally disheartening sale earlier this week. (more…)
Another night of sales has come and gone at Sotheby’s, with an unexpectedly robust outing from the auction house that moved quickly through the 44-lot sale to a final total of $242,194,000. The sale was a short but impressive affair, as the auction house’s early lots consistently beat out estimates in the early lots, and ultimately saw only a small handful of lots go unsold. The sale makes for an impressive response to market alarmists and critics of the auction house, showing there seems to still be strong enthusiasm in the contemporary market. (more…)
Having just announced a loss of over $25 million for the first quarter of 2016, Sotheby’s needed a strong performance this evening to alleviate concerns over its recent shakeups and acquisitions, but there were few reassurances in sight for the house’s New York Impressionist and Modern Evening Sale tonight, as it concluded a 62 lot outing with almost a third of the works going unsold, bringing a final sales tally of $144,434,000. (more…)