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Art Knowledge News (Free subscription) | 17/11/2009
NEW YORK (Dow Jones) - Strong sales at the auction houses this month may not yet signal a broad recovery for the art market. The art community was pleasantly surprised when sales of Impressionist, modern and contemporary art at New York's top auction houses, Sotheby's (BID) and Christie's International, brought in about $596 million combined. It represented a 46% increase over spring sales in May.Leading...
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ShoppingBlog.com (Free subscription) | 15/11/2009
The Wall Street Journal reports that the art market may be on the mend. The fall art sales at Christie's and Sotheby's showed recovery in certain markets. Above is Picasso's "Bust D'Homme," which sold for $10.3 million, although the estimate was $12 million. The U.S. art market appears to be on the mend. The major fall art auctions may not have sold everything on offer, but collectors showed...
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Indian Express (Free subscription) | 05/11/2009
Christie's International had its smallest evening Impressionist and modern-art auction in New York since May 2004 as buyers snubbed Picasso and Matisse in favor of conservative 19th-century landscapes and still-lifes.
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Luxist (Free subscription) | 18/10/2009
Christie's International moved $18.3 million in art at its contemporary London auction on Friday. Three pieces sold for more than $1.6 million (including fees), with the top price going for a piece by Martin Kippenberger ($3.76 million); a phone bidder from New York acquired it. Of the 25 lots offered at the art auction , which coincided with the Frieze Art Fair, 24 sold. Half the lots went to bidders...
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ArtsJournal (Free subscription) | 16/10/2009
"Sotheby's said it can't disclose the specific criteria it uses in setting executive pay because that would give an unfair advantage to closely held rival Christie's International. ... Amid calls for more corporate transparency, Sotheby's case illustrates the challenges of a publicly held company when it has a closely held rival."...
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ArtsJournal (Free subscription) | 29/09/2009
"Sales at Sotheby's, Christie's International and Phillips de Pury of 'Part I' works during the week of the Frieze Art Fair are estimated to fetch at least 20.8 million pounds ($33.1 million)," down 81 percent from last year....
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ArtsJournal (Free subscription) | 20/08/2009
"Christie's International has scrapped plans to start an art-investment fund and a lending division, according to two people involved with the projects. The move is another sign that the global economic slump is hurting the once-booming art market. ... The closely held company wanted to compete more directly with Sotheby's Financial Services, a subsidiary of Christie's main auction-house rival."...
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Art Knowledge News (Free subscription) | 24/07/2009
NEW YORK, NY.- Christie’s International, the world’s leading art business, announced today worldwide sales of £1.2 billion ($1.8 billion) for the first six months of 2009, down 35% by £ on last year’s figure of £1.8 billion ($3.5 billion) for the same period (Figures include buyer’s premium). In Christie’s salesrooms around the world, 211 works of art...
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Law Blog - WSJ.com (Free subscription) | 24/07/2009
Christie's International sold $1.8 billion of fine and decorative art in the first half, down nearly 49% from the same period last year.
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The Business Insider (Free subscription) | 23/07/2009
Christie's' sales drop 35% in the first half... Bloomberg: Christie’s International sold 1.2 billion pounds ($1.98 billion) of art and antiques worldwide in the first half, a decrease of 35 percent from a year earlier, the auction house said in an e-mailed statement. A total of 211 works of art sold for more than $1 million, compared with 457 items in the same period a year earlier as the economic...
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Luxist (Free subscription) | 09/07/2009
Filed under: Auctions , Art The latest London market art auction was good for $32.7 million last night , as Christie's International moved lots from its Old Masters & 19th Century art category. The works ranged from late 14th century to late 19th century, with this newly created broad category intended to push "crossover" buying (from different periods) among collectors. Christie's is...
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ArtsJournal (Free subscription) | 07/07/2009
"The total volume of sales at London's June auctions of Impressionist and contemporary works declined 70 percent on last year as auction houses cut jobs and guarantees to sellers to adjust to the financial slump. Sotheby's, Christie's International and Phillips de Pury made 165.9 million pounds ($269.4 million) at the summer sales, down from a record 558.8 million pounds in 2008, according to...
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ArtsJournal (Free subscription) | 24/06/2009
"A painting by Claude Monet and one by Pablo Picasso sold for 12.1 million pounds combined ($20 million) at Christie's International in London last night as the auction market for Impressionist art contracted 74 percent. Christie's 44-lot sale tallied 37.1 million pounds with fees, just above the low estimate of 36.85 million pounds, based on hammer prices."...
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Guide to Hong Kong (Free subscription) | 25/05/2009
Filed under: Auctions , Art Christie's International offered 38 lots at its Asian auction in Hong Kong ...
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Artdaily (Free subscription) | 19/05/2009
LONDON.- Leading art business Christie's International announced that Christie's Fine Art Storage Services (CFASS), provider of customized storage solutions for fine art, antiques and collectibles, will open a new ultra-high security facility at The Singapore FreePort in January 2010. This long-term offering with The Singapore FreePort Pte. Ltd. underscores Christie's commitment to Singapore and marks...
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