A s many prepare to celebrate the new year, SKY Sotheby’s International Realty is celebrating the addition of four new agents.
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LONDON.- Sotheby’s announced that in February 2008, it will be holding its flagship Contemporary Art auctions during a stand-alone week of Contemporary Art events for the first time, including an extended public exhibition devoted solely to the best international Post-War and Contemporary Art. An Evening Sale of around 70 lots will be held on Wednesday, [...]

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The boom in the contemporary art market has helped Sotheby’s, the world’s second-largest auction house, increase art sales by nearly a half to $5.3bn (£2.7bn) this year.
The US-listed company rode the wave of interest in contemporary artists such as Francis Bacon and Jeff Koons to increase sales by 46pc, despite the impact of the global [...]

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Dec. 27 (Bloomberg) — Sotheby’s, the world’s second-largest auction house, sold about 46 percent more art this year as U.S., Russian and Asian collectors bid up prices for contemporary artists such as Francis Bacon and Jeff Koons.
Sotheby’s art auctions in 2007 totaled $5.33 billion, up from $3.66 billion a year earlier, according to preliminary [...]

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DALLAS — One of the most famously flawed stamps in U.S. history sold for $825,000 to a New York man who bought it slightly cheaper than the record price another “Inverted Jenny” copy fetched at auction last month.
The rare 24-cent stamp, depicting an upside-down Curtis JN-4 biplane known as “Jenny,” was sold privately this week [...]

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The weak dollar and an influx of wealthy foreign collectors fuel record sales while other sectors of the economy falter. Art is hot.
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NEW YORK (AP) — Art is hot. Despite turmoil in the financial markets, there are no signs that the art market is softening. The fall auction season in New York saw robust prices across most categories, with postwar and contemporary works in particular going through the roof.
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Longtime Aspen real estate brokers Carol Ann Jacobson Kopf and Richie Cohen, as well as Wendy and Jackie Wogan all switched real estate teams earlier this month when they joined Aspen Sotheby’s International Realty.
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Like many art lovers, Dianne Stohler is addicted to Van Gogh. Unfortunately, the master artist has indirectly caused her a great deal of financial anguish - a market loss of about $72,000 on her Sotheby’s shares. Much of that loss occurred last month in response to Sotheby’s disappointing auction of Impressionist and Modern paintings led [...]

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By Jonathan Sibun
Last Updated: 12:32am GMT 22/12/2007
The three day auction of the contents of the Savoy, the iconic London hotel, raised more than twice the pre-sale estimate this week as buyers ignored the doom and gloom pervading the high street to spend more than £1.8m.
Famous faces from the world of film and music gathered with [...]

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