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ARTMARKET.COM: Artmarket.com: real paintings by blue-chip artists remain the super-stars of the art market, says Artprice Lynda Benglis, Hernan Bas, James Ensor, Rashid Johnson, Frank Stella, Alexander Calder, $378,000 (est. $ 50,000 - $70,000) Dana Schutz, David Hockney, Kees Van Dongen, Robert de Saint-Loup (1946-47): $143,750 (est. $20,000- $30,000) After Beeple's 'freak wave' in March, the ranking of the best performing artists at auction in 2021 has returned to its usual population of great masters. Beeple has now left the top 5 in favor of Claude Monet and Andy Warhol. Top 10 ar...

Late North Texas philanthropist Anne Windfohr Marion's private art collection sold for an eye-popping $157.2 million (including fees) at a Sotheby's

Andy Warhol's Elvis 2 Times Courtesy of Sotheby's Fourteen choice lots from the collection of the fourth generation Texas rancher and storied art patron Anne Marion, who died last year at age 81, fetched $134.4m ($157.2m with fees) at Sotheby’s single-owner sale last night in New York. But Marion’s sophisticated eye seems to have encountered some blind spots in a changing market more attuned to lighter weight, contemporary fare. The venue was certainly appropriate in that the heiress was married to John L. Marion, the onetime chairman and star auctioneer of Sotheby�...

A 1983 painting by Haitian-American artist Jean-Michel Basquiat reached $93.1 million on Tuesday at a Christie’s auction in New York, nearly twice its estimated price. A ten-minute bidding battle between three phone bidders for “In This Case” began at $40 million, escalated quickly to $50 million (its estimate) and hammered at $81 million, a total of $93.1 million with fees and commissions. The piece was reportedly consigned by Giancarlo Giammetti, fashion designer and cofounder of ...

Versus Medici (1982). Image courtesy Sotheby's. Sotheby’s marathon series of auctions on Wednesday evening felt like something of a return to normalcy, if only because, for the first time in more than a year, there were actually a few dozen collectors present in the New York salesroom. In keeping with our new reality, the sale was also very much a hybrid affair: auctioneer Oliver Barker beamed in from London and specialists manned phone banks in Hong Kong and London as well as New York. The auction house packed three separate sales—an estate offering, a postwar and contemporary art sale,...