Sothebys Sold $5.33 billion of Art at Auctions in 2007

Sotheby's sold $5.33 billion of art at auctions, and arranged more than $668 million of private deals outside the public salerooms, said analyst George Sutton at Craig-Hallum Capital Group LLC of Minneapolis. That was a 46 percent increase from $3.66 billion a year earlier. Christie's estimated its art sales at about $6 billion last year.[from Bloomberg]

Have a Happy Holidays and Prosperous 2008

The Adoration of the Shepherds by the Le Nain brothers. The painting shows the shepherds, represented by the bare-footed old peasant and two boys behind, adoring the Christ child.

A beautiful painting from the The National Gallery, London.

UM FELIZ NATAL e um PRÓSPERO ANO NOVO.
Um 2008 repleto de saúde, paz, amor, alegrias...from RegiaArt.com

ll Trovatore by de Chirico Sold 528,042 Euros at Bonhams

This oil on canvas painting by Greek-born Italian surrealist painter and sculptor, Giorgio de Chirico (1891-1978), went for a record price of 528,042 Euros. [from interfree]

Il_trovatore_de_chiricoQuesto olio su tela, figlio del grande Giorgio de Chirico (1891-1978), è stato battuto a Londra da Bonhams, durante un’asta sull’impressionismo, per la significativa cifra di 528.042 euro.

Il trovatore de de Chirico foi vendido por 528 milhoes de euros em leilao da Bonhams de pinturas impressionistas em Londres.

Bonhams. Impressionist and Modern Art, 19 Dec 2007. New Bond Street

Picasso Sold at Sotheby's Paris Week of Art Sales

Dec 14th Sotheby’s art sale included Pablo Picasso’s work on paper entitled Un matin au harem, 1954, which achieved €1,555,450 against a pre-sale estimate of €500,000-700,000 and established an auction record for a Post-War work on paper by the artist.

Pablo Picasso, Un Matin au Harem, 1954, Crayon gras sur papier, 500 000 – 700 000 €. Vendu : 1 555 450 €. Record pour une œuvre sur papier d’Après-Guerre de l’artiste.
[from artdaily.com]

Um desenho de Pablo Picasso "Un matin au harem", 1954, vendeu por preco recorde no leilao da Sotheby's esta semana em Paris.

Winston Churchill painting Marrakech sold for $1 Million

A painting by Winston Churchill, which U.S. President Harry Truman called one of his "most valued possessions" after receiving it as a gift from the British prime minister in 1951.

Winston Churchill painted Marrakech in about 1948. It's an oil on canvas depicting a view of the Atlas mountains as a backdrop to one of the city gates into the Moroccan city of Marrakech.

The painting was sold to an unidentified telephone bidder at Sotheby's sale of 20th Century British Art, for 468,500 pounds (US$955,645, €651,915).

Acquavella Galleries sold Warhol MAO with a $12.5 Million price tag at Miami Basel

New York's Acquavella Galleries sold a 1973 brown and red Andy Warhol ``Mao'' painting with a $12.5 million price tag.
Total attendance at the Miami Basel fair was 43,000, up from 40,000 last year, fair organizers said. [from Bloomberg]

Bamborough Castle Without Regia Art Grafitti for $5.3 Million

The watercolor painting ''Bamborough Castle'' by J.M.W. Turner, sold for 2.6 million pounds ($5.3 million) at a Sotheby's auction in London tonight by the Vanderbilt family, which built a shipping and railroad fortune. The auction was part of a week of Old Master sales in the U.K.
Art Grafitti on Turner by R. Marinho.

Russian Art Sold Without a 2007 Drawing of a Tree

Konstantin Andreevich Somov (1869-1939)
The stroller's rest
Oil on canvas
49.5 x 64.5 cm
Estimate: £300,000-500,000
Price £972,500

Russian art is one of the fastest growing areas of the international art market. [from telegraph]
The 2007 Tree is a digital draw by RegiaArt...to make the painting more...

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.

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.

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.

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.

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.

Pablo Picasso Painting Femme Nue Sold for 6 Million

Pablo Picasso
Femme nue
1965
$6,089,000
Christie’s New York
Nov. 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.