The art auction houses, including Christie’s, Sotheby’s, and Phillips, are experiencing strong sales with record-breaking prices for works by artists like Van Gogh, Warhol, Basquiat, and Hockney. Christie’s anticipates a record sale for Van Gogh's 'Corner of a Garden with Butterflies' estimated at $28m-$35m. Sotheby’s sets new auction records with works like 'Late Four-Foot Flowers' by Warhol selling for $11.2M and 'Untitled' by Warhol and Basquiat selling for $19.4M. Norman Lear's art collection includes a David Hockney painting bought for $64,000 in 1978, expected to fetch $25-$35 million. Notable sales include a Francis Bacon painting selling for $27.7 million and two Basquiat paintings selling for a combined $46.7m at Phillips in New York.
🚨Breaking update: Buyer of tonight’s $13.6m Felix Gonzalez-Torres lightbulb piece is Japan’s Pola Museum of Art, @ChristiesInc says. https://t.co/TmyPwOiRcQ
A Picasso portrait that was estimated to sell for between $12 million to $18 million was pulled from the auction just ahead of the sale. https://t.co/d6WS4BSmMI
In a bit of analog theater, @christiesinc briefly dimmed the saleroom lights to oohs & ahhs as bidding opened for Felix Gonzalez-Torres’ string of lights, “Untitled (America #3),” which drew 2 Asian bidders & sold to Japan for $11.5m hammer or $13.6m w/ fees—an artist record. https://t.co/tTzzlnKMEL
#ArtistRecord Felix Gonzalez-Torres ‘Untitled’ (America #3) shatters the previous auction record selling for $13,635,000. https://t.co/aZt8oI87hG
A David Hockney painting bought for thousands in 1978 is on sale for $35m https://t.co/tMzv6aJC60
Two paintings by Jean-Michel Basquiat that have never before been up for auction sold for a combined hammer price of $46.7m ($54.3m including auction house fees) at Phillips in New York on Tuesday evening https://t.co/pW1fmSbHbV
Amid Market Unease, Sotheby’s Hosts ‘Respectable’ $267.3 Million Contemporary Sales by @KinsellaEK https://t.co/PI0L7U68Ph
New York's auction week kicks off with a Jean-Michel Basquiat masterwork and an intimate Alice Neel portrait of Andy Warhol's former silver Factory assistant, Gerard Malanga. https://t.co/r1Go3UHXrG
A much-touted Francis Bacon sold for a below-estimate $27.7 million, and there was one big withdrawal, but there were also bright spots. https://t.co/7umlqD91L3
$27.7 million Bacon tops New York art auction sales
New York’s spring auction season is off and running, but its first steps—a double-header at @Sothebys on Monday night—suggest the trade is still fighting through the headwinds that have defined most of the past two years https://t.co/xjWoWuEiiL
Biggest sale in @Sothebys art auction tonight was this Portrait of George Dyer crouching. It had a single guaranteed bidder, who paid $27.7 million. https://t.co/ydztK6U1ux
Biggest sale in @Sothebys art auctiom tonight was this Portrait of George Dyer crouching. It had a single guaranteed bidder, who paid $27.7 million. https://t.co/EF93HOe8nN
This Warhol/Basquiat work that came from Basquiat’s estate sold tonight at @Sothebys for $19,367,500. https://t.co/4tyv6xbZav
This Cy Twombly work called “Untitled” sold at @Sothebys tonight for $7,458,300. https://t.co/Gh1fuj7fKq
Norman Lear bought this David Hockney painting in 1978 for $64,000. It is expected to go for $25-$35 million when Christie's auctions it off later this month. Read more about what other works from Lear's extensive are collection will be on the auction block here:… https://t.co/mEbXazeJk7
Norman Lear bought this David Hockney painting in 1978 for $64,000. It is expected to go for $25-$35 million when Christie's auctions it off later this month Read more about what other works from Lear's extensive are collection will be on the auction block here:… https://t.co/mFlJdNDCFC
Norman Lear Art Collection Auction: David Hockney Painting Bought in 1978 for $64,000 Expected to Fetch $25-$35 Million https://t.co/toOBt1IJ8k
#AuctionUpdate: Andy Warhol’s iconic ‘Late Four-Foot Flowers’ goes for $11.2M. #SothebysContemporary https://t.co/fTgxyMtREc
#AuctionUpdate: Following a 2-minute bidding battle, Frank Stella’s ‘Ifafa I’ sold for $15.3M. #SothebysContemporary https://t.co/QFsIxc706C
#AuctionUpdate: Andy Warhol and Jean-Michel Basquiat’s ‘Untitled’ from 1984 sells for $19.4M, setting a new auction record for their legendary Collaboration series. #SothebysContemporary https://t.co/XMAexvcCeb
Gigaweek, with an estimated $1.25 billion worth of art on offer at the auction houses, is upon us. Puck’s Marion Maneker (@artmarket) has notes on all the shows around New York, plus what everyone is saying (and not saying, too): https://t.co/SvxGgT0mTz
Here are the most expensive lots at the New York Spring auctions that experts say are set to soar at sales this week. https://t.co/ehqefArBdv
Despite scepticism, demand for young artists' work remains resilient at top auctions. @ChristiesInc and @Sothebys strategic shift to spotlight 21st-century art—starting with their 2021 restructured marquee sales—continues to show strong sales results https://t.co/ztx2arGsUE
Christie’s anticipates a record-breaking sale for Van Gogh's 'Corner of a Garden with Butterflies,' a vibrant Paris period piece. Estimated at $28m-$35m, it could surpass last year's record of $23m for a similar era work. @ChristiesInc https://t.co/P47jnIVjiK