Sotheby’s Evening Sale of Impressionist & Modern Art tonight brought a total of £33,531,150/ US$55,323,044/ €39,479,519* – a figure comfortably within the pre-sale expectations of £26,750,000-37,270,000 – and saw 23 of the 27 lots offered find buyers. The sale achieved the best sellthrough rates since last June for an Evening Sale in this category at {...}

Pablo Picasso, Nu assis et joueur de flûte, 1967, which carried an estimate of £3 to £4 million sold for: £3,401,250. Photo: Christie´s Images Ltd 2009.

A “musketeer” painted by Pablo Picasso was one of the big attractions at an auction of impressionist and modern art at Christie’s held in London, where it sold for 5.7 million pounds ($9.3 million).

The {...}

Artprice’s TOP 10 ranking: the art market heavyweights in 2008
Every year Artprice publishes its ranking of artists based on auction revenue. At the end of 2007 the figures were remarkable: the market’s Top 10 had generated a combined total of $1.8bn, up no less than 50% on the previous year’s total. In 2008 the total was $100m lower than {...}

artparis-AbuDhabi : Modern + Contemporary Art Fair
An art fair integral to the cultural development of AbuDhabi
For its second edition, artparis-AbuDhabi is returning to the Emirates Palace from November 17 to 21, 2008, to present a broad and impressive panorama of artistic creation of the 20th and 21st centuries. This year, the fair is strengthening its policy of selection and participation of contemporary art galleries active in the international market.
(more…)