Meet George Bailey
We sat down with George Bailey, co-founder of the Auction Room, to talk about his new online auction platform, his experience as chairman of business development for Sotheby’s Europe, and the future of art sales.
“Art is not just something you relate to on a commodity basis…art is a passion investment.” Dr. Iain Robertson is an art market expert and a faculty member at Sotheby’s Institute of Art, the Graduate School of Art and its Markets.
Watch this video of Iain as he discusses the state of the art market and explains what “the new type of contemporary” is.
Find out more about Sotheby’s Institute of Art.
Record Art Sotheby’s
Last night at Sotheby’s Contemporary Art Evening Auction, six bidders fought over Barnett Newman’s Onement VI, a spectacular blue abstract composition from 1953. In the end, a telephone bidder payed US$43.8 million, a record price for the artist’s work at auction.
Records were set for four artists that night, including Gerhard Richter’s 1968 work, Domplatz, Mailand, which was bought by New York businessmanDonald L. Bryant for US$33 million.
There were some high-profile casualties, with a Francis Bacon and a Jeff Koons work failing to attract bidders.
At the end of the night the Contemporary Art auction totaled US$293.6 million.
Sotheby’s Auctions Comics
Check out the entire Bande Dessinée - Comics auction, happening July 4, 2012.
Comparing Tonight’s Contemporary Art Stars
In time for Sotheby’s Contemporary Art Evening Auction on Tuesday, June 26, 2012, we used our artnet Analytics tool to highlight four of the artists staring in the sale: Francis Bacon, Gerhard Richter, Roy Lichtenstein, and Jean-Michel Basquiat!
Contemporary Art At Sotheby’s London
Happening this week: Sotheby’s Contemporary Art Evening Auction in London.
Pictured are the top 3 most expensive lots up for auction.
Preview the Sotheby’s sale on artnet.