All posts tagged Modern

Amidst rumors that Picasso’s 1905 Garçon à la Pipe is for sale, we thought it would be interesting to speculate how the current market would react to the painting, which had a 6-year reign as the most expensive work of art ever sold at auction. The market for paintings by Picasso, in terms of both […]

On average, early 20th Century sculpture has significantly outperformed market benchmarks. In the May 2010 Impressionist & Modern evening auctions, 43% of the sculptures achieved hammer prices above their high estimates. Sculptures by Rodin, Noguchi, Bugatti and Giacometti yielded the auctions’ five highest measurable rates of price growth. While some lots of Modern sculpture failed […]

Despite Pockets of Strength, Auction Houses Are Likely to Keep Estimates Low for Fall Auctions as Sector Shows Increasing Signs of Bifurcation Overall results in the Impressionist & Modern sector this past season showed a continued trend toward two different markets. Top quality, fresh property sold well above the high estimates while the balance of […]

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