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.
Alma-Tadema outshines modern art sales in New York
16 May 2011IN a series of high-profile auctions in New York that saw an underperforming run of Impressionist and Modern art sales, the eye-catching price of the week by some distance came for a 19th century historical genre painting.
Bonhams aim to raise Contemporary art sales with new appointment
28 February 2011BONHAMS have appointed Anthony McNerney as head of Contemporary art.
Contemporary sales reinforce new strength in the market
21 February 2011LONDON’S latest series of Contemporary art sales put in a robust performance. Auctioneers posted high selling rates and saw the greatest depth of bidding since the art market downturn two years ago.
Buoyant demand for trophy lots at London's major art auctions
14 February 2011WORKS by some of biggest names in the Modern and Contemporary art market drew serious levels of international competition in London last week.
Warhol at Phillips de Pury tops New York contemporary art sales
15 November 2010THE price of $56.5m (£36.9m) seen for Andy Warhol's The Men in Her Life at Phillips de Pury's evening sale, meant that for the first time in a New York Contemporary art auction series the top lot did not come from Sotheby's or Christie's.
Christie’s turn fair organisers for Frieze week
26 July 2010CHRISTIE’S are launching a fair during Frieze week for dealers and publishers specialising in contemporary editions. The auctioneers' South Kensington saleroom will be given over to the event, titled Multiplied, focused primarily on prints, photography, sculpture and artists’ books.
British works set records in flatter Contemporary market
05 July 2010THE latest Contemporary art sales in London were a little flatter than expected, but Modern British art generated a batch of stand-out prices.
Market climbs out of hole
18 May 2010IF major auctions in New York are anything to go by, then the amount of money being spent on blue-chip pieces of Modern and Contemporary art is now almost back to the level seen before the market crashed 18 months ago.
Tobacco firm’s collection sets Netherlands high
15 March 2010SOTHEBY’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 2010SIGNS 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 2009IF 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 2009SUSSEX 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 2009Conservative 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 2008THE 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 2008COMING 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 2008THE 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 2008THE 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 2008THE 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 2008As 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- Gorringe's
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