Sotheby's, aware that rival Christie's had secured the season's star estate collection, kept its estimates conservative, and the strategy paid off handsomely with an impressive 88 percent of the 57 lots on offer finding buyers.

Sotheby's officials said international bidding from A>

Open/Close


Sotheby's marks a solid night at Impressionist sal

by admin

Sotheby's, aware that rival Christie's had secured the season's star estate collection, kept its estimates conservative, and the strategy paid off handsomely with an impressive 88 percent of the 57 lots on offer finding buyers.

Sotheby's officials said international bidding from Asia, South America, the Middle East as well as Europe and the United States, was deep and active. Most lots sold within or above the estimates.

Records were set for Salvador Dali and Isamu Noguchi, whose sculpture "Undine" soared to $4.2 million, or nearly five times the high estimate of $900,000.

"There are a lot of truly wealthy people around the world who want the best," he said. "There is a real quest for quality."

A Picasso being sold by Christopher Lawford, son of actor Peter Lawford and Patricia Kennedy Lawford, sold for $9.3 million.

NEW YORK (Reuters) – Impressionist and modern  Juicy Couture swimwear  art attracted strong prices for a second consecutive day on Wednesday as global bidding helped drive Sotheby's spring sale to over $195 million.

"Art is something that is now globally desired, and that was very much in evidence tonight," he said.

Tuesday, Christie's set the world art auction record for a single work when Picasso's "Nude, green leaves and bust" from the Brody collection sold for $106.5 million.

Emmanuel di Donna, vice chairman for Juicy Couture swimwear Impressionist and modern art, said, "The trend toward the globalization of the market is continuing."

The sale, led by Matisse's "Bouquet de fleurs pour le Quatorze Juillet" which fetched $28.64 million, totaled just under the high estimate of $204 million.

"It's a global market with global liquidity," said Tobias Meyer, who served as auctioneer.

 

Early signs the art market was well on the road to recovery after plunging in 2008 were borne out when the auction house took in $195,697,000 including commission, or some three times the take at its Impressionist sale just a year ago.

 

Other highlights included Monet's "Effet de Printemps Juicy Couture swimwear a Giverny," which sold for $15.2 million, and Modigliani's portrait "Jeanne Hebuterne au collier," which fetched $13.8 million.

Sculpture in particular did well, with one of Rodin's seminal "Thinker" bronzes fetching $11.8 million, nearly twice the high estimate.

Tags:

Discount juicy couture | Abercrombie Wholesale | ed hardy Wholesale | Wholesale juicy couture | True Religion Wholesale

0 Comments, 0 Trackbacks




Anny Brand:Wholesale Evisu | Wholesale G-Star | Wholesale Rock Republic | Wholesale Seven | Wholesale Affliction | Wholesale Burberry | Wholesale Dsquared | Wholesale Smet | Wholesale Ralph Lauren | Wholesale Christian Dior | Wholesale Lacoste | Wholesale Hollister | Wholesale ugg