World’s most expensive contemporary artwork Mark Rothko’s Orange, Red, Yellow 1961 oil painting was sold for $86,882,500, setting a world auction record for any Contemporary work of art and a world auction record for the artist, at New York, Rockefeller Plaza on 8 May 2012 in the Post-War and Contemporary Art Evening Sale. “Orange, Red, … Read more
Hermès Honours England, Ireland, Scotland and Wales with Four One-Of-A-Kind Bags to be Auctioned Online by Christie’s In celebration of its ‘Leather Forever’ exhibition which opened in London on 8 May 2012, Hermès has created four one-of-a-kind versions of its Passe-Guide handbag representing England, Ireland, Scotland and Wales; a tribute to the United Kingdom and … Read more
A bottle of Vin Jaune offered at Christie’s auction Christie’s announced their upcoming auction of Fine Wines in Geneva on Tuesday 15 May at the Hotel des Bergues. This sale of 779 lots comprises truly exceptional wines and is expected to realise in excess of SFr.2,000,000. The most valuable bottle is an extremely rare 1774 ‘Vin … Read more
This year, Artprice’s annual art market report – based on 6.3 million auction results from 4,500 auction houses around the world focused particularly on China’s successful conquest of the global art market. In spite of the sword of Damocles hanging over the West, art in fact sold better in 2011 than at any other time … Read more
Auction houses outfox Chinese antiquity fakers The demand for Chinese antiquities has exploded, helping propel Hong Kong to third spot in the global auction market behind London and New York. Auction houses Sotheby’s and Christie’s together raised over $460 million from sales of Chinese antiquities and art works last year, but the market has also … Read more
The Elizabeth Taylor Collection, so-called “Crown Jewels of Hollywood“, were auctioned at Christie’s on 13th of December for prices that exceeded all estimates and expectations. The sale hadn’t even finished before it set the world record for most valuable sold at auction. “This is without a doubt the greatest private collection of jewellery ever assembled … Read more