Francis Bacon Painting Sale
March 22, 2009
Did you read CBC News today? Things like this just makes me sad. A painting by Francis Bacon or any other artist of $40 million is only worth $40 million if someone is willing to pay $40 million. Such is the nature of an art auction. It would seem reasonable for Christie to offer to keep its commitment by simply offer to re-auction the ‘Study For a Self Portrait’, 1964, till the painting sells at that price. But the actual sale of this Francis Bacon painting for that price might be a decade away. As Bacon’s self portraits are widely regarded as some of his most important works... Read more »
Iconic Degas Sculpture ‘Petite Danseuse de Quatorze Ans’ On the Market
January 8, 2009
The important & iconic sculpture Petite danseuse de quatorze ans by impressionist artist Edgar Degas will be offered for sale in Sotheby’s next Art Evening Auction of Impressionist and Modern Art in London on the 3rd of February 2009. Article Update February 3, 2009: The Degas sculpture was sold for £13,257,250, far exceeding pre-auction estimates of £9 – 12 million. ‘Petite Danseuse de Quatorze Ans’ is one of the most ambitious and iconic of Degas’s works and a groundbreaking sculpture from the Impressionist period. The bronze cast to be offered at Sotheby’s... Read more »
Cutting-Edge Art — On Glass Art & Dale Chihuly
February 2, 2008
By Bronwen Roberts Art glass usually refers to the modern art glass movement in which individual artists work alone or with colleagues, creating works from molten glass in relatively small furnaces of a few hundred pounds of glass. Dale Chihuly It began in the early 1960s and showed an incremental growth through the end of the century. The glass objects created are not primarily utilitarian. From a creative perspective, they have to make an artistic statement. Their market value depends on the work and the artist involved, and prices range from a few hundred to tens of thousands of dollars. The... Read more »
Sotheby’s and Christie’s - Are They in Conflict of Intrests with the Natural Art Market? - part 2
January 28, 2008
I would like to reiterate my ‘warning’ posted at part 1 of the article: this is an unusual rant/rave article, that nonetheless gives an insight in the functioning of the art market. I therefore consider it relevant for publication. Personally I am neutral in the conflict. Further, this situation is now a few years old, and I will follow this article up with up-to-date information, when possible. Continuation of part 1 of the article by Gerard Van Weyenbergh: My investor, is in love with the painting, but still wants to have Sotheby’s and Christie’s opinion about the value of... Read more »
Sotheby’s and Christie’s - Are They in Conflict of Intrests with the Natural Art Market? - part 1
January 28, 2008
Warning: the below article is a ‘rant and rave’-article, which you will not usually find on this site. I do however consider it a worthwhile read for all art investors to help better understand the art market, including art auctions. Besides which, it’s not a bad read to boot! By Gerard Van Weyenbergh “Are Sotheby’s and Christie’s or all major auctions houses still the reference to establish the value of your art works? It is not my intention to have them sue me for my thoughts in this letter. Nonetheless there are so many events these last months that I want to bring in daylight some... Read more »
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