Friday, November 30, 2007

Russian Art Auctions In London And No Price Tag

Lot 12. Peter Konchalovsky, Malvy
SOLD For 1,036,000 pounds, a world record

The top lot was Petr Konchalovsky's ``Malvy'' (1921), a floral still life (above) that sold for 1 million pounds, more than twice its top estimate and a record for the artist at auction, at the MacDougall Arts Ltd., a London auction house specializing in Russian art.

Sellers: All 454 lots, most of which came from American and European collections.
Buyers: 90 percent of the buyers were born in the former Soviet Union, and half are Moscow-based.

What about this contemporary floral? no price tag.

Wednesday, November 21, 2007

Painting Found in the Garbage Sells for $1 Million

Mexican artist Rufino Tamayo's ``Tres Personajes,'' an abstract 1970 image of three people, was bought by a U.S. collector for 1 million at Sotheby's auction.

- The sellers of Tres Personajes were a Houston couple
- They bought the painting at Sotheby's in 1977 for $50,000
- The painting was stolen 20 years ago
- Dumped on New York's West 72nd Street in 2003
- Found by Upper West Side resident Elizabeth Gibson
- She traced its owner.
- Gibson had a $15,000 reward from the owner
- Elizabeth Gibson also gets an undisclosed fee from Sotheby's

Regia Art drawing over included.
So, have a great Thanksgiving. And thanks.

Saturday, November 17, 2007

Hanging Heart sold for $23.5 million to dealer Larry Gagosian

Hanging Heart by Jeff Koons which went for $23.4 million setting a auction record for an artist. The sculpture is done in high chromium stainless steel weighs over 3,500 pounds and is almost nine feet tall. It sold for $23.5 million (above its $20 million high estimate) to dealer Larry Gagosian.

Video: REGIA Art Show Love Forever KOONS Hanging Heart.
Drawing over the New York Times Ads ongoing project by artist Regia M. Queen.
Video made at Starbucks location, sounds included.
2:25 min message from regia art to you.

Sotheby’s and Christie’s Finish Fall Art Auctions $1.67 billion

Sotheby’s and Christie’s, brought in about $1.67 billion combined over the past two weeks, up from $1.3 billion last November and $764 million the November before. At least 75 artist records were broken, and more than 258 works sold for $1 million or more.

Wednesday, November 14, 2007

And The Koons’s Diamond Blue Goes to...Larry

A 7-foot-tall stainless- steel sculpture (on the top) resembling a faceted stone in a setting, sold for $11.8 million. It was a record for the artist even though the price didn't reach the $12 million-$20 million presale estimate.
Diamond Blue is packing up today hours after sold at Christie's auction.
Tonight moving trucks will drive to its buyer, art dealer Larry Gagosian.

Monday, November 12, 2007

Colored Lollipops, Seven Suckers, set a record of $4.5 million at Christie's

Wayne Thiebaud
Seven Suckers
oil on canvas
19 x 23 in. (48.3 x 58.4 cm.)
Painted in 1970.
Estimate 1,400,000 - 1,800,000 U.S. dollars
SOLD for 4.5 Million

Wayne Thiebaud retired from full-time teaching in 1990. He lives in Northern California and continues to paint.
Thiebaud's brightly colored lollipops, Seven Suckers, set a record of $4.5 million for the artist tonight at a Christie's International auction in New York.
The sale of works from the collection of the late New York dealer Allan Stone tallied $52.4 million, under the $59.7 million high estimate. Of 71 lots offered, just seven didn't sell. [from Bloomberg]

Christie’s Tuesday and What are you doing about choice?

Mark Rothko (just one on the top right)
Untitled (black and gray)
acrylic on canvas
Estimate: 10 to 15 million.

Christie’s Tuesday post-war and contemporary art evening sale is estimated at between $271 million and $373 million. Highlights include Warhol’s “Liz,” estimated at up to $35 million; a pair of Rothko abstracts, estimated at up to $30 million apiece; and Lucian Freud’s portrait of his sleeping daughter, “Ib and Her Husband,” estimated at $15 million or more.

I'm talking about art buyers and choice they have to buy artworks now.

Saturday, November 10, 2007

Pablo Picasso Painting Femme Nue Sold for 6 Million

Pablo Picasso
Femme nue
Christie’s New York
Nov. 6, 2007

Tuesday, November 6, 2007

Matisse Sells for $33.6 Million at Christie's Tonight

The U.S. art market passed its first major test amid the subprime mortgage meltdown, as Christie's International sold $395 million of Impressionist and modern works tonight in New York. [from bloomberg]
The first big sale at Christie’s Impressionist and modern art auction, Matisse’s “L’Odalisque, harmonie bleue,” which sold after an extended bidding war between a telephone bidder and a male bidder in the room. It was estimated to sell for $15-$20 million.

New York's Fall Art Auctions Begin this Week

Will Sotheby’s get $60 million for its Gauguin?

The world’s top collectors, dealers and curators are all in the city for the fall season’s big art auctions, two weeks of sales.
Sotheby's Session 1: Wed, 7 Nov 07, 7:00 PM
You still have time to see the artworks at,
1334 York Avenue at 72nd St
New York
Tue, 6 Nov 07, 10:00 AM - 5:00 PM
Wed, 7 Nov 07, 10:00 AM - 12:00 PM