Contemporary Art

The wide and varied world of Post-war and Contemporary art has become a major part of the art market and a key sector for the leading auction houses.

Tobacco firm’s collection sets Netherlands high

15 March 2010

SOTHEBY’S staged the most lucrative art sale ever in the Netherlands on March 8 when they offered a 161-lot selection of contemporary art from the corporate collection of British American Tobacco.


Contemporary sales provide more evidence of strength at the top end

15 February 2010

SIGNS of recovery at the top end of the art market were seen again as greater levels of international bidding emerged at the latest contemporary art auction series in London.


Lukewarm at Frieze week in London

26 October 2009

IF you’re looking for a painting that sums up the problems suffered by the contemporary art market over the last year, then this work by Peter Doig (b.1959) is a pretty good candidate.


More evidence claimed about Psaier and Warhol

08 June 2009

SUSSEX auctioneer John Nicholson is claiming a significant breakthrough in establishing the existence of artist Pietro Psaier and his links with Andy Warhol.


Recalibrating contemporary values in New York

20 May 2009

Conservative estimates tailored to new realities enabled the New York flagship sales of post-War and contemporary art to set solid selling rates. But, for both major houses, the financial gulf between this year and 2008 was enormous.


New York sales down by half as confidence leaves the contemporary market

17 November 2008

THE latest series of contemporary art auctions in New York showed how much the market has fallen since its peak. With sale totals down well over 50 per cent from last year’s autumn series held at the height of the boom, the extent of the damage caused by the current economic distress and diminished confidence amongst buyers was manifest. The question now is will prices stabilise or fall further?


The Obama bounce in the saleroom

10 November 2008

COMING just hours after the election of Barack Obama in the US, a poster of the new President-elect sold at Bonhams & Butterfields in California for a double-estimate $4800 (£3145).


Climate change for contemporary art

27 October 2008

THE balloon-like market for contemporary art lost much of its air last week as both the Frieze Art Fair and its related auctions suffered the full force of the global economic crisis.


Banksy market sees selective buying

27 October 2008

THE contemporary art downturn had a tangible effect on the market for urban art as the sales staged in London by Bonhams in New Bond Street on October 23 and Dreweatts in Shoreditch on October 14 witnessed greater selectivity amongst buyers.


Sale highlights the tricky question of Banksy attribution

06 October 2008

THE question of authenticity remains high on the agenda in the Banksy market after a last-minute intervention by the self-styled guerrilla artist had a devastating effect on Lyon & Turnbull’s latest attempt to break into the London contemporary art market.


Damien Hirst market soars even as the banks crash

22 September 2008

As experienced art dealers discussed the £95.6m sale of 233 new works by Damien Hirst (b.1965), it was the word 'celebrity' that cropped up the most to explain the phenomenal prices seen at the Beautiful Inside my Head Forever sale.

Hirst sale facts

22 September 2008


New verification service for art salvaged from the street

05 September 2008

STREET art by Banksy – until now a problem area at auction because of authentication – is about to be brought in from the cold thanks to a new independent verification body.


Sotheby’s figures show reliance on contemporary art

11 August 2008

SOTHEBY’S dependence on the contemporary art market could hardly be clearer than in their latest set of figures.


Contemporary values rise as London series sets record

07 July 2008

LONDON’S latest contemporary art sales saw vast sums of money continuing to be channelled into top-end post-War art as prices and confidence in the market remained high.


Hirst sale to bypass the primary market

30 June 2008

Sotheby’s have announced the highlight of their autumn series: an auction of new works consigned by Damien Hirst on September 15-16.


East End auction tests market for new Urban artists

23 June 2008

The latest addition to the London street art calendar took place at Village Underground in Shoreditch on June 17, where Dreweatts became the first auctioneer from outside London to host a dedicated Urban Art Sale.


Contemporary sales in New York total close to $1bn

19 May 2008

THE gargantuan sums of money being spent at the top end of the contemporary art market continued unabated as the latest sales series in New York saw a staggering overall premium-inclusive total of $990m.

Urban Art at Selfridges

19 May 2008

Dreweatts have secured a preview for their forthcoming Urban Art sale at Selfridges.



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