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Market for masterpieces gains momentum in New York

07 May 2010

THE return of free-spending at the very top end of the art market continued apace at last week’s Impressionist and Modern sales series in New York as boom-time levels of bidding were seen on the blockbuster lots. For the second time this year, a new record was set for any artwork ever sold at auction.

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What makes the £58m walking man so special?

05 February 2010

IF the price paid for Alberto Giacometti's (1901-1966) sculpture L'Homme qui Marche I is anything to go by, then the art market is now striding out of recession. Selling for £58m (plus premium) at Sotheby's evening sale on February 3, it became the most expensive object ever sold at auction.

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New York modern art series brings some relief

09 November 2009

HAS the top end of the art market bounced back? This was the opinion ventured by some commentators after the flagship sales of Impressionist and Modern art in New York last week.

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Kupka’s factory job

14 October 2004

THE Mira Jacob Collection sale at Bailly-Pommery-Voutier & Sotheby's (23.92 - 14.35% buyer's premium) included a smattering of drawings and watercolours by artists outside the dealer’s sphere of influence – from a small Picasso ink sketch of a Glass and Jar, bought in at €44,000, to a Degas pencil portrait of Thérèse Degas, 11 x 8 1/2in (28 x 22cm), which sold at a quadruple-estimate €77,000 (£52,400).

Giacometti gets foundation at last

12 January 2004

A French Foundation devoted to Swiss sculptor Alberto Giacometti (1901-66) has finally been launched, ten years after his widow Annette called for its creation in her will. The French government gave the Fondation Alberto & Annette Giacometti the green light on December 9.

 

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