art auction

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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 
Apr 30, 2012 3:04 AM CDT

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.
Jul 6, 2010 8:58 AM CDT

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
May 6, 2010 12:17 PM CDT

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...

140 'Lost' Masterworks to Hit Sotheby's Auction

Paris art dealer's collection hidden since 1939

(Newser) - A stash of 20th-century artworks hidden for generations because of war and legal wrangling is finally seeing the light of day. The 140 artworks, including works by Picasso, Derain, and Renoir, had been placed in a Paris bank vault by influential art dealer Ambroise Vollard's assistant after Vollard's death in...

Painting by Hitler May Have Hung in Freud's Office

Future fuhrer peddled watercolors in Vienna

(Newser) - Back in 1910, when Sigmund Freud was decorating the walls of his Vienna offices, he may have bought a painting from a struggling young artist who was then peddling his work in Vienna: Adolf Hitler. The discovery of a tiny Hitler watercolor marked on the back with the name of...

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