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Claude Monet’s Le Bassin Aux Nympheas fetched at £40.92 million Christie’s Impressionist and Modern Art auction last night. The painting of waterlillies floating on water sold for more than double its pre sale estimate and the double the prior record for a Monet. According to The Wall Street Journal, 15 of the 81 pieces up … Read more
More works by Bacon and Freud to go up for auction after record prices for Benefits Supervisor Sleeping and Triptych. London – A week after paintings by Lucian Freud and Francis Bacon shattered auction records in New York, Christie’s announced that it will sell works by the pair in London next month. Read Ben Hoyles’ … Read more
Lee Rosenbaum has an insightful interview on New York Public Radio to help explain how the art market is supporting roaring sales, even in the face of news about the economy faltering. Listen to Lee Rosenbaum’s commentary on WNYC New York Public Radio at her blog.
Southeby’s loses money this quarter, CEO attributes loss to the credit crunch and guarantees From the story: Sotheby’s, the world’s largest publicly traded auctioneer of art and collectibles, disappointed investors with a first-quarter loss and said revenue from auctions declined. The shares fell $2.56, or 9.3 percent, to $24.91, at 4 p.m. in New York … Read more
The 1873 oil on canvass by Claude Monet’s 1873 oil painting, Le Pont du chemin de fer a Argenteuil, sold Tuesday at a New York Christie’s auction for over £21 million. The price beat last year’s record price for a Monet by more than 10 percent. The impressionist’s painting features a railway bridge above a … Read more