Auctions in 2013
Get up to date and preview the first auctions happening around the world in 2013!
Simon Leaves Phillips
Some surprising news: Simon de Pury, the charismatic chairman of Phillips de Pury & Company, is leaving the auction house after 12 years.
The departure comes as a result of Moscow–based investment firm Mercury Group, which first bought into the house in 2008, acquiring de Pury’s interest in the company.
Come January 2013 the New York based auction house will simply be called Phillips.
“We’ll always have Paris…”
The piano on which Sam played “As Time Goes By” in Casablanca, the iconic World War II-era film, will be auctioned off at Sotheby’s in New York on December 14, 2012.
Browse more auctions happening this week.
Tomorrow, Christie’s is auctioning off a collection of artworks from London’s legendary Langan’s Brasserie and Odin’s restaurants. The paintings, including celebrated works by David Hockney, Patrick Procktor, Allen Jones, and Lawrence Toynbee, were originally collected by the late Peter Langan, who founded the restaurants in partnership with actor Michael Caine in 1976.
Get a sneak peek of the auction.
Most Expensive Artworks
Check out the top 10 most expensive works of Fine Art sold at auction in November.
According to our Price Database, they sold for an astounding total of over US$402.9 million!
Most Popular Artists
Check out our list of the top 300 most popular Modern and Contemporary artists worldwide this month.
London’s Russian Art sales got off to a shaky start this week at MacDougall’s. Only nine of the 45 lots were sold (which may or may not have been due to the Chelsea vs. Manchester City soccer match).
However, the market picked up at Christie’s Important Russian Art sale, with the top lot, Boris Kustodiev’s The Coachman, selling for US$7,060,448, more than double its estimate.
Browse more recent auctions results.
Statue of Liberty
On Wednesday, Christie’s New York sold 67 works for US$412.2 million, the highest total ever achieved in the field.
Leading the sale was Andy Warhol’s 1962 Statue of Liberty, which sold for US$43,762,500. The silkscreen inks, spray enamel, and graphite on canvas work far exceeded the estimate, which was around US$35 million.
Four more auction house records were set that night. Browse the results from Christie’s record-breaking Post-War & Contemporary Evening Sale.
Record Auction Price for Diamond
A beautiful 76.02 carat diamond sold last night for US$21.5 million at Christie’s, setting a record auction price per carat!
The gem, which has perfect color and flawless clarity, was named after Archduke Joseph August of Austria (1872–1962), a member of the royal House of Habsburg, whose family owned the stone until the 1930s.
The Archduke Joseph, which was originally sourced from the Golconda mines in India, was last seen at auction in November 1993.
Browse more jewelry and gemstones.
Rothko Stars at Sotheby’s
Leading the sale was Mark Rothko’s masterpiece No 1 (Royal Red and Blue), which was the subject of a heated bidding war before being auctioned for US$75.1 million!
The price far exceeded the pre-sale estimate of US$35–50 million, but fell short of the record US$86.9 million a Rothko work fetched in May.
Browse more results from Contemporary Art Evening Auction.
Christie’s Warhol Sale
“Being good in business is the most fascinating kind of art. Making money is art and working is art and good business is the best art.” -Andy Warhol
Yesterday, Christie’s auctioned over 350 artworks by Andy Warhol, which earned over US$17 million for the Andy Warhol Foundation.
The money raised from the sale will allow the Foundation to expand support of the visual arts, fulfilling Warhol’s purpose in establishing the foundation.
Take a look at all of the results from Christie’s Warhol auction.
Warhol vs S&P
Today, Christie’s is auctioning a huge trove of Andy Warhol artworks, which are, controversially, being sold by The Andy Warhol Foundation.
Check out the graph to see how the Warhol market developed in comparison to the S&P500 financial index.
Here are a few facts about the Warhol market, courtesy of artnet Analytics:
- Warhol’s sell-through rate for 2012 thus far has been 80%, with an average sale price of US$760,147
- 54% of Warhol’s 2012 auction lots have sold for prices above their high estimate
- Double Elvis (Ferus Type) sold this past May for US$37,042,500, becoming Warhol’s 5th highest priced sale at auction
Warhol at Christie’s
Today, Christie’s is auctioning a huge trove of Andy Warhol artworks as part of an ongoing partnership with The Andy Warhol Foundation for the Visual Arts. Proceeds from this sale will help to expand the Foundation’s grant-making programs.
Preview Christie’s expansive Andy Warhol auction.
Picasso Stars at Sotheby’s
It took less than five minutes for a Picasso to sell for US$41.5 million at Sotheby’s on Thursday night!
Nature morte aux tulipes, a 1932 painting of Pablo Picasso’s mistress, Marie-Therese Walther, was sold by Las Vegas titan Steve Wynn.
Check out auction results from the Sotheby’s Impressionist & Modern Art sale.
Treasures of the Qing Court
Decorative Art fans: Take a minute to browse Sotheby’s beautiful sale, Treasures of the Qing Court. A Personal Perspective, a 22 lot single owner sale comprised of Fine Imperial ceramics and works of art from the Qing Dynasty.
One of the highlights of the sale was this rare, blue Magpie and Prunus moonflask, which sold for 1,049,250 GBP!