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Bolstered by a Supercharged $103 Million Picasso, Christie's Ended New York's Auction Week With a Hefty $481 Million Sale

Femme assise près dune fenêtre (Marie-Thérèse) (1932). Courtesy of Christies Images, Ltd. The latest run of socially distanced mostly online evening sales reached its peak this evening when Picasso’s Femme assise près d’une fenêtre (Marie-Thérèse) (1932) sold to a client on the phone with Christie’s specialist Vanessa Fusco for $103.4 million after a protracted bidding war with her colleague Max Carter. Offered as part of the $481.1 million Christie’s 20th-century evening aucti...
New York United States Rockefeller Center Barbara Hepworth Alighiero Boetti Wayne Thiebaud
Source: artnet.com

Here Are the 10 Most Expensive Artworks Sold at Auction in 2020—and Why They Fetched the Prices They Did

Auctioneer Oliver Barker holding court over Sothebys global e-auctions. Courtesy of Sothebys. The art trade is defined by far more than its uppermost echelon. But in an unprecedented year when virtually ever major auction went… well, virtual, top prices serve as a valuable benchmark—and an indication that the world’s wealthiest did not view 2020 as a roadblock to spending big money on art. If we’re judging by auction prices alone, though, the market was still considerably less frothy at...
New York United States Hong Kong Red Rocks France General Nichols Canyon
Source: artnet.com

Pandemic Drives 25% Sales Decline at Christie's

Order Reprints Christies auctioneer Adrien Meyer during the sale of Cy Twomblys Untitled (Bolsena), 1969, which sold for US$38.7 million, with fees, at its October live-streamed sale. Christies Images Ltd. 2020 Revenues at Christie’s are likely to end the year 25% below 2019 levels amid challenges caused by the coronavirus pandemic.  The auction house, which is a privately held unit of Francois Pinault’s Groupe Artémis, will “probably record sales” of £3.4 billion ...
New York United States City Of United Kingdom Beatricec Mayer Claude Hersain

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