art auction

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Modern Art Fever: Basquiat Fetches $16.3M

It's a record price for the artist

(Newser) - Well, it's no $120 million , but a Jean Michel Basquiat painting made a splash at an auction last night at Phillips de Pury & Company, selling for a whopping $16.3 million—an all-time high for the neo-expressionist. Coming just two days after a record-setting Christie's auction , the...

Warhol's Double Elvis Sells for $37M

Lichtenstein's 'Sleeping Girl' brings in $45M

(Newser) - Another strong day for Sotheby's, though maybe not on the scale of the The Scream :
  • Andy Warhol's silkscreen Double Elvis sold for $37 million. One of 22 made by Warhol, it's based on a movie still and shows Elvis as a gun-toting cowboy, notes the Guardian .
  • Roy
...

Modern Art Auction Shatters Records

Rothko painting stars with $86.9M final price

(Newser) - The modern art market is boiling hot right now. For evidence, take a gander at the results from last night's Christie's auction, which saw a Mark Rothko painting sell for nearly $87 million, shattering the gallery's $35 million to $40 million estimate. The sale is a record...

5 Priciest Artworks Ever Auctioned

Pablo Picasso makes 2 appearances

(Newser) - Following the record-breaking sale of Edvard Munch's The Scream , the Guardian takes a look at the other biggest sales of art at auction. The top five:
  1. Edvard Munch, The Scream, $119.9 million.
  2. Pablo Picasso, Nude, Green Leaves, and Bust, $106.5 million.
  3. Alberto Giacometti, L'homme qui Marche
...

Scream May Fetch $200M
 The Scream May Fetch $200M 

The Scream May Fetch $200M

Oddsmakers expect icon to bust records

(Newser) - One of the most recognizable painting in human history is now expected to fetch up to $200 million—well beyond Sotheby's early $80 million estimate —when it goes on the auction block this week. British oddsmakers are betting a Russian is most likely to scoop up Edvard Munch'...

Cezanne Under Wraps Since 1953 Could Fetch $20M

Rare work was study for artist's Card Players series

(Newser) - A Metropolitan Museum of Art catalog in 2011 listed a 19th-century watercolor Paul Cezanne made as a study for his Card Players series as "whereabouts unknown." No more: The work, which Reuters describes as "rare" and "pristine," was discovered by Christie's as it worked...

The Scream Expected to Fetch $80M at Auction

Edvard Munch work to be sold by Sotheby's

(Newser) - One of four versions of Edvard Munch's iconic The Scream is expected to sell for more than $80 million at auction May 2 in New York. The estimate is the highest pre-sale value ever placed on a work of art by auction house Sotheby's, Reuters notes. This 1895...

Lichtenstein Painting Fetches $43M

It's a record for the late pop artist

(Newser) - If you've got millions to spare, may as well put it on the wall rather than in the markets: A 1961 Roy Lichtenstein painting (I Can See the Whole Room! ... and There's Nobody in It!) sold for $43.2 million at Christie's, reports Bloomberg . It's...

Painting Looted by Nazis Sells for $40.4M

Gustav Klimt landscape goes way above expectations at Sotheby's

(Newser) - The high-rent district of the art world might be rebounding if Sotheby's recent auction is an indicator. The big seller was a landscape by Austrian artist Gustav Klimt, which went for $40.4 million, way above the $25 million estimate, reports the BBC . The history behind Litzlberg on the ...

Warhol Self-Portrait Fetches Record $38.4M

Private bidder prevails after 'longest lot in history'

(Newser) - A private European collector walked off with Andy Warhol's very first self-portrait after a 16-minute bidding war at Christie's Wednesday night. The 1963-64 work sold for $38.44 million after two competing bidders kept raising their price in increments of $100,000, causing Christie’s auctioneer to call...

Rebounding Art World Expects Huge Spring Prices

A dozen works are priced near $20 million each at auctions

(Newser) - The art market has bounced back amazingly well from the downturn, and auction houses are aiming to sell $1 billion in Impressionist and modern works at two major sales next week. A dozen works are expected to fetch close to $20 million apiece, a price the auction houses couldn't...

Andy Warhol Self-Portrait Fetches $17M

It goes for twice as much as expected

(Newser) - A self-portrait by Andy Warhol has sold for $17 million—double its pre-sale estimate—at a London auction. Christie's says the work had been in a private collection since 1974, one of a series of 11 self-portraits Warhol created. The image of red and white silkscreen ink on canvas shows...

Painting of Picasso's Mistress Fetches $40M

La Lecture sells for double estimate

(Newser) - A painting of the teenage mistress Pablo Picasso picked up outside a Paris Metro station in 1927 has sold for $40 million at auction. La Lecture, which shows Marie-Therese Walter asleep in a chair, was sold to an anonymous buyer for double the expected price, the Telegraph reports. The painter...

Dennis Hopper's Wife Yanks Art From Auction

Battle rages over late actor's estate

(Newser) - Dennis Hopper's estranged wife has yanked a portion of his art collection from an auction. The artwork is at the center of a heated battle over the late actor's estate. Hopper began divorce proceedings against his fifth wife,Victoria Duffy, and obtained a restraining order against her as he lay...

Lehman Bros. Paintings Fetch $12.3M for Creditors

Sotheby's auctions art from collapsed banking giant

(Newser) - They're going to need a lot more paintings: Lehman Bros. raised $12.3 million tonight at Sotheby's by selling off artwork it picked up during its golden run on Wall Street, reports BBC . It's good news for Lehman's many creditors, but not great news considering the collapsed investment bank owes...

On Sale Today: Items From Princess Di's Family Homes
On Sale Today: Items From Princess Di's Family Homes
aristocratic auction dept.

On Sale Today: Items From Princess Di's Family Homes

Items have been in the Spencer family for centuries

(Newser) - If you wish you could get a little closer to Princess Di but aren't interested in buying jam made from her hair , you have another shopping opportunity: Beginning today, art, antiques, and old carriages owned by her family will be sold at three separate auctions, the AP reports. Many of...

Christie's Sells Picasso for $51.2M

But many others go unsold at big auction

(Newser) - Mixed news for the world of art today out of London: A 1903 Picasso (Portrait d'Angel Fernandez de Soto) sold for a healthy $51.2 million, but 16 of 62 paintings went unsold at Christie's major auction. The big non-seller was a Monet waterlily painting (Nympheas) expected to fetch $30...

Jasper Johns' Flag Sells for $28.6M

Painting breaks previous John's record

(Newser) - Jasper Johns' seminal work Flag from the collection of the late author Michael Crichton sold for $28.6 million at a New York City auction yesterday, an auction record for the artist. Christie's said the work was purchased by an American art dealer during high-spirited bidding by phone and in...

This Picasso Is So Not Worth $106M
This Picasso
Is So Not
Worth $106M 
OPINION

This Picasso Is So Not Worth $106M

Auction bidder was obviously aiming for record, not painting

(Newser) - For the most expensive work of art ever bought at auction, Picasso's "Nude, Green Leaves and Bust" is seriously underwhelming, Blake Gopnik argues, making it painfully obvious that the $106.5 million bid at Christie's Tuesday night was a stunt designed to grab the record. Which is not just...

Picasso Sells for Record $106.5M

Highest auction price ever paid for art

(Newser) - A Pablo Picasso portrait of his mistress sold for a record-breaking $106.5 million at a Christie's auction in New York yesterday. The winning bid, placed by an anonymous telephone bidder, is the highest price ever paid for a work of art at auction, beating the $104.5 million forked...

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