All posts tagged New York

For over a decade, the 19th Century Paintings category has languished due to the departure of several of its most active collectors and a dearth of new buyers. In a stroke of marketing brilliance, Sotheby’s decided to schedule a highly edited, top quality 19th Century Paintings sale during the same week as the Impressionist & […]

Record prices were the theme of 2010. Of the top ten Western works of art, two crossed the magical US $100 million threshold, two were in excess of US $60 million, three in excess of US $50 million. Eight of the ten were in the Impressionist & Modern Art sector, an astonishing result in any […]

Consignors Likely to Pressure Auction Houses to Raise Estimates for Fall Auctions As the Post-War & Contemporary market had the most dramatic correction (up to 50%+) of all major sectors from the highs reached by June 2008, it is now experiencing the strongest results relative to its current and significantly reduced pre-sale estimates. This suggests […]

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