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Auction Houses in the News

Christie’s master’s degree program starts in September

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Written by Auction House PR   
Wednesday, 25 February 2015 10:51
Program Director Robin Reisenfeld with students. Christie's Education image, photography by Amy Obarski

NEW YORK – In September, Christie’s Education New York will welcome its first class of students to the world capital of contemporary art for a unique new master’s degree program called “Global Contemporary Art,” designed to prepare students for careers in the constantly evolving contemporary art marketplace.

This 15-month Master of Arts program emphasizes hands-on experience with art, exposure to a wide variety of professional practitioners in the global art market, and an in-depth understanding of the cultural, socio-economic and market forces that shape today’s global art scene.

Through a series of integrated courses, field visits, and an internship, the program offers students direct engagement with the artistic methods and procedures used today as well as extensive individual contact with active art world professionals. Students learn about the global art market’s impact on and its relationship to the creative process, with special consideration of the shifting relationship between the consumer and producer and the changing dynamics between the artist and the collector.

The highly tailored program provides students with the competitive edge to become professionally involved in one of the fastest growing areas of the art world, with the practical and conceptual tools to understand the complexity of the global art market from 1980 to the present. Studies are organized thematically, rather than geographically, reflecting the cross-pollination of ideas and influences shaping today’s art world, with a major focus on non-Western contemporary art from South America, Asia and Africa and how it engages with and confronts contemporary art practices in the more-established arts scene. The courses emphasize the interface between institutional networks and commercial art markets, as well as recent digital technology and social platforms and their impact on contemporary artistic production on all continents. Within the 15-month program, students gain hands-on experience through a 45-day internship in the field of their choice.

Students from diverse backgrounds who have either a B.A. in art history or
comparable professional experience in the art world are welcome to apply. Students enjoy a small student-teacher ratio, which gives them an opportunity
to work closely with knowledgeable professors and highly regarded art experts,
as well as with one another, to focus on mastering professional art world skills. Students not only gain a solid academic grounding, they also study contemporary exhibitions and art fairs, conservation and collection practices, and relevant legal and insurance issues. The program is ideal for anyone beginning or looking to advance a career in the ever-growing art market, including art fairs, galleries and auctions, and the emergence of new geographic and online markets.

Students who begin in September 2015 can graduate in December 2016.

Program Director is Robin Reisenfeld, Ph.D.

Tuition and fees total $53,439 ($1,190 per credit, plus fees; 44 credits required for graduation).

An online application is available at www.christies.edu/new-york/courses/masters-global-contemporary.



ADDITIONAL IMAGES OF NOTE
Program Director Robin Reisenfeld with students. Christie's Education image, photography by Amy Obarski Field studies: artist Jomar Statkun, courtesy of Garis & Hahn gallery, photography by Amy Obarski
Last Updated on Wednesday, 25 February 2015 13:09
 

Les Paul Gibson ‘Black Beauty’ guitar sells for $335,500

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Written by Associated Press   
Monday, 23 February 2015 11:26

Bidding started at $50,000 for Le Paul's Gibson 'Black Beauty' guitar and sold for $335,500, inclusive of the buyer's premium. Guernsey's image. NEW YORK (AP) –The 1954 Les Paul Gibson guitar known as “Black Beauty” has sold at auction for $335,500.

LiveAuctioneers.com facilitated Internet live bidding.

Guernsey's auction house says the six-string instrument with gold-plated hardware set the standard for other Les Paul Gibson guitars.

Paul was a jazz, country and blues guitarist. He made frequent modifications to his basic guitar over the years, refining the sound.

Paul, whose hit songs include How High the Moon, played his instruments in concerts, recordings and on the Les Paul and Mary Ford television show. He died in 2009.

There was no presale estimate for the “Black Beauty” guitar, and Guernsey's could not provide the name of the buyer.

The auction record for a guitar belongs to the Fender Stratocaster that Bob Dylan played at the 1965 Newport Folk Festival. It sold for $965,000 in 2013.

Paul collaborated on his original design with Gibson after the guitar maker approached him about making an electric guitar bearing his name.

The auctioneer calls it the most significant electric guitar ever made.

Years ago, Paul gave the instrument to his friend, guitar technician and builder Tom Doyle of Wantage, New Jersey.

Guernsey's president, Arlan Ettinger, said the Les Paul guitar is considered a “Holy Grail” among musicians because it gave birth to thousands of instruments that bear his name.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-WF-02-20-15 0333GMT

Click here to view the fully illustrated catalog for this sale, complete with prices realized.


ADDITIONAL IMAGE OF NOTE
Bidding started at $50,000 for Le Paul's Gibson 'Black Beauty' guitar and sold for $335,500, inclusive of the buyer's premium. Guernsey's image.
Last Updated on Tuesday, 24 February 2015 10:07
 

Saco River’s baseball card auction a harbinger of spring

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Written by Associated Press   
Wednesday, 18 February 2015 10:15

A T206 Ty Cobb baseball card in the auction. Image courtesy of Saco River  Auction Co.

BIDDEFORD, Maine (AP) – After all that weekend snow, some folks may be dreaming about warm weather and baseball.

The second batch of century-old baseball cards from the so-called “Portland trove” is going up for sale this week.

Troy Thibodeau of Saco River Auction Co. in Biddeford says collectors will be bidding on about 800 cards. Among them are plenty of Cy Youngs, Ty Cobbs and other Hall of Famers.

The cards range in age from 1909 to 1911 and feature color lithographs on the front and a tobacco advertisement on the back. There are so many of them they're being auctioned in installments.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-WF-02-17-15 0901GMT




ADDITIONAL IMAGE OF NOTE

 A T206 Ty Cobb baseball card in the auction. Image courtesy of Saco River  Auction Co.

Last Updated on Wednesday, 18 February 2015 10:21
 

Sotheby’s to auction ‘perfect’ 100-carat diamond

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Written by Associated Press   
Tuesday, 17 February 2015 11:39
Sotheby's describes this 100-carat diamond as being 'perfect.' Image courtesy of Sotheby's

NEW YORK (AP) – A “perfect” 100-carat diamond in a classic emerald cut is going on the auction block, where it could fetch between $19 million to $25 million.

Sotheby's will offer the white diamond on April 21 in New York. It's an internally flawless D color stone, which the auctioneer said is considered “perfect.”

Sotheby's New York jewelry department head Gary Schuler likened the 100.20-carat stone's transparency “to a pool of icy water.”

The stone is the only classic emerald-cut white diamond of the highest color and clarity and over 100 carats to come to auction, according to Sotheby's.

The diamond was mined in southern Africa within the last 10 years and weighed over 200 carats before it was cut and polished, the auction house said.

The owner wishes to remain anonymous.

Only five “perfect” diamonds over 100 carats have sold at auction in the last 25 years. A 118-carat oval-cut stone fetched $30.6 million at Sotheby's in 2013, setting a record for a white diamond.

A record for any diamond is $46 million for a 24.78-carat emerald-cut pink stone, set at Sotheby's in 2010. It also set a record for any jewel at auction.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-WF-02-13-15 1211GMT



ADDITIONAL IMAGE OF NOTE
Sotheby's describes this 100-carat diamond as being 'perfect.' Image courtesy of Sotheby's
Last Updated on Tuesday, 17 February 2015 12:10
 

Ai Weiwei zodiac heads sell for record $4.3M at Phillips

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Written by AFP wire service   
Friday, 13 February 2015 13:07

Ai Weiwei, 'Circle of Animals/Zodiac Heads,' 2010, gold-plated bronze. Price realized: $4.3 million. Image courtesy of Phillips

LONDON, (AFP) – A set of 12 gold-plated animal head sculptures by China's Ai Weiwei sold for £2.8 million ($4.3 million, 3.8 million euros) at auction on Thursday, setting a new record for the dissident artist's work.

The 2010 work Circle of Animals/Zodiac Heads led a contemporary art sale by auction house Philips in London.

The 12 sculptures represent the Chinese zodiac: rat, ox, tiger, rabbit, dragon, snake, horse, ram, monkey, rooster, dog and pig, each head mounted on a pedestal.

The pieces are modeled on smaller heads designed in the 18th century by two European Jesuits at the court of Qing dynasty Emperor Qianlong.

The originals formed a fountain water clock at the Old Summer Palace in Beijing, but were ransacked by French and British troops in 1860.

Ai worked from the seven remaining originals and imagined the five heads that had not survived, drawing on depictions in tapestry and print for the dragon.

The dissident artist is noted for his controversial relationship with heritage, infamously smashing a Han Dynasty Urn in a performance work in 1995.

Auction house Philips said that though the animal head sculptures were a re-creation of an older work, they achieved "glorious aesthetic coherence" and make a comment on authenticity.

"The fake is invested with the power to revive the past," the auctioneers said in a press release.

"The marriage that is made – troubled, yet oddly serene – offers a lustrous exhibition of what might be a brighter, less confused and more beautiful future."

Another Ai Weiwei work sold at the auction was Colored vases (in 3 parts) from 2010, neolithic vases the artist had covered with bright industrial paint, which sold for £182,500 ($280,800, 246,400 euros).

The zodiac sculptures sold were the first complete set to come to auction, and one of eight gilded sets made, plus four artist's proofs.

Further sets of a much larger version of the animal sculptures have also been made in bronze.

The works have been displayed in art museums and public spaces around the world in a traveling exhibition since 2010.

Also sold at the auction was a 1980 work by U.S. artist Andy Warhol, Diamond

Dust Shoes, which sold for £2.3 million ($3.5 million, 3.1 million euros).



ADDITIONAL IMAGE OF NOTE

Ai Weiwei, 'Circle of Animals/Zodiac Heads,' 2010, gold-plated bronze. Price realized: $4.3 million. Image courtesy of Phillips

Last Updated on Friday, 13 February 2015 18:11
 

Ai Weiwei zodiac sculptures up for auction in London

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Written by Associated Press   
Thursday, 12 February 2015 10:32
Ai Weiwei, 'Circle of Animals/Zodiac Heads,' 2010, gold-plated bronze. Estimate: £2,000,000 - £3,000,000. Image courtesy of Phillips LONDON (AP) – A group of golden animal heads by Chinese artist Ai Weiwei representing the signs of the zodiac is up for sale in London.

Circle of Animals/Zodiac Heads is predicted to fetch between 2 million and 3 million pounds (from $3 million to $4.6 million) at the Phillips auction house on Thursday.

The gold-plated heads were inspired by a set of 12 on a fountain at Beijing's Old Summer Palace, which was destroyed by French and British troops in 1860.

Only seven of the fountain's heads survive, and Ai has said his goal was to make the set complete again. His version of the heads went on display Monday.

A larger version of Ai's zodiac sculpture is touring the world. Chinese authorities will not let the dissident artist leave the country.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed

AP-WF-02-09-15 1626GMT



ADDITIONAL IMAGE OF NOTE
Ai Weiwei, 'Circle of Animals/Zodiac Heads,' 2010, gold-plated bronze. Estimate: £2,000,000 - £3,000,000. Image courtesy of Phillips
Last Updated on Thursday, 12 February 2015 13:37
 

Richter masterpiece sells for record £30.4M at Sotheby’s

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Written by Auction House PR   
Wednesday, 11 February 2015 10:01
Gerhard Richter’s 'Abstraktes Bild' set a record for the artist, selling for £30.4 million ($46.3 million), a new benchmark for any European living artist. Sotheby's image. LONDON – Sotheby’s Tuesday evening auction realized £123,515,250 / $188,200,186/ €166,461,924 – the highest ever total for a Sotheby’s sale of contemporary art in Europe. The sale was estimated to bring £88.6–125.5 million / $135-191.2 million / €119.4-169.1 million).

The evening was led by Gerhard Richter’s Abstraktes Bild which established a new record for the artist, selling for £30.4m / $46.3 / €41m (est. £14-20m), a new benchmark for any European living artist.

“The enormous global appetite for contemporary masterpieces played out tonight as bidding shot up in leaps of £2 million for Richter’s landmark abstract,” said Alex Branczik, Sotheby’s head of contemporary art, London. “It is emblematic of the depth of the market that new benchmarks were set not only for rising star Jonas Wood, but also for the greats: Richter, Fontana, Bacon. This evening’s record-breaking sale sets the scene for a stellar season of contemporary art at Sotheby’s.”

Created in 1986, and marking a radical departure for Richter, this exceptional work is one of the artist’s largest abstract paintings and one of his favorite works. When the same work was offered by Sotheby’s in 1999, it made $607,500 – then a record for an abstract piece by the artist. Subsequent to that, the work hung for many years in the Ludwig Museum in Cologne.

In an evening that saw particularly strong global demand for British art, a rare self-portrait by Francis Bacon, Two Studies for Self-Portrait, made £14.7m / $22.4m / €19.8m, a 4000 percent increase on the price the painting achieved the last time it appeared at auction (£353,500 at Sotheby’s London in December 1993).

Moments later, David Hockney’s Green Tide (1989) sold to a private Latin American collector for £2.2m / $3.3m / €2.9m (est. £1.2-1.8m). Bought by the consignor in 1990, the work had not been seen in public until now and made its auction debut at the evening sale.

Sotheby’s contemporary art aucton continues Wednesday with the Day Auction, estimated at £13.9 – 19 million.



ADDITIONAL IMAGE OF NOTE
Gerhard Richter’s 'Abstraktes Bild' set a record for the artist, selling for £30.4 million ($46.3 million), a new benchmark for any European living artist. Sotheby's image.
Last Updated on Wednesday, 11 February 2015 10:14
 

Bonhams to auction code breaker Alan Turing's notebook

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Written by Associated Press   
Thursday, 22 January 2015 10:32
Allan Turing sculpture by Stephen Kettle, on display at Bletchley Park. Image by Sjoerd Ferwerda. This file is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported license.

NEW YORK (AP) – A handwritten notebook by Alan Turing, the World War II code-breaking genius depicted by Benedict Cumberbatch in the Oscar-nominated The Imitation Game, is going on the auction block.

The 56-page manuscript was written at the time the British mathematician and computer science pioneer was working to break the seemingly unbreakable Enigma codes used by the Germans throughout World War II. It is being sold by Bonhams in New York on April 13. It is expected to bring at least $1 million.

The notebook contains Turing's complex mathematical and computer science notations. It is believed to be the only extensive Turing manuscript known to exist, the auctioneer said.

It dates from 1942, when Turing was trying to break the seemingly unbreakable code with his team of cryptanalysts at Britain's World War II code and cypher school Bletchley Park.

In one entry Turing writes about a complex calculus notation.

“The Leibniz notation I find extremely difficult to understand in spite of it having been the one I understood the best once! It certainly implies that some relation between x and y has been laid down eg, y(equals)x2+3x ... ”

The notebook was among the papers he left in his will to friend and fellow mathematician Robin Gandy.

Gandy gave the papers to the Archive Center at King's College in Cambridge in 1977. But he kept the notebook, using its blank pages for writing down his dreams at the request of his psychiatrist. Bonham describes Gandy's entries as highly personal; the notebook remained in his possession until he died in 1995.

At the beginning of his journal, Gandy writes: “It seems a suitable disguise to write in between these notes of Alan's on notation, but possibly a little sinister; a dead father figure, some of whose thoughts I most completely inherited.”

In a statement through Bonhams, Turing scholar Andrew Hodges said the notebook sheds more light on how Turing “remained committed to free-thinking work in pure mathematics.''

The Imitation Game, which also stars Keira Knightley, is based on Hodges' book Alan Turing: The Enigma.

Turing committed suicide in 1954. He was gay at a time when homosexuality was illegal in Britain and was convicted of indecency in 1952. He agreed to undergo hormone treatment as an alternative to imprisonment to `cure' his homosexuality.

Bonhams said the seller wished to remain anonymous. Part of the proceeds will be donated to charity.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-WF-01-21-15 1527GMT

 

 

 

Last Updated on Thursday, 22 January 2015 10:49
 

Reading the Streets: 'The Future Is Now'

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Written by ILANA NOVICK, Auction Central News International   
Wednesday, 21 January 2015 16:46

Kimyon Huggins at the ‘Future is Now,’ 60 Orchard St., New York City. Photo by Lois Stavsky via Street Art NYC

NEW YORK – An artillery of sleet chased me into the gallery at 60 Orchard, which was showing “The Future is Now,” featuring an eclectic mix of artists, including Art is Trash, Joseph Conrad-Ferm, Kimyon Huggins, NDA, Iena Cruz and Jaime Martinez, many of whom are active in the street art scene.

The group show’s participants may share a presence in the street art scene, but their styles are disparate, from Conrad-Ferm’s Basquiat-like figures to Kimyon Huggins’ voluptuous neon nude woman, but share a general appreciation of the early 1980s, of punk and a general DIY, make something out of nothing New York City spirit.

Huggins’ glowing woman was particularly powerful, standing on a red pedestal, flanked by two men. She’s serene but fierce, a difficult but effective combination most of us can only aspire to.

Irene Cruz’s was my other favorite piece, though, with bared teeth and wide eyes, a roar almost audible beneath the sharp, almost angry blue streaks strewn across the canvas. I’m still wondering exactly who the figure on the left is or what it's doing. Current theories include a woman on a motorcycle made of insects, a woman in a red blazer with one blue glove and antlers, fashion inspiration for the new year.



ADDITIONAL IMAGES OF NOTE

Kimyon Huggins at the ‘Future is Now,’ 60 Orchard St., New York City. Photo by Lois Stavsky via Street Art NYC 

Irene Cruz at the ‘Future is Now,’ 60 Orchard St., New York City. Photo by Tara Murray via Street Art NYC 

Jamie Martinez at the ‘Future is Now,’ 60 Orchard St., New York City. Photo by Tara Murray via Street Art NYC 

Joseph Conrad Ferm at the ‘Future is Now,’ 60 Orchard St., New York City. Photo by Tara Murray via Street Art NYC

Last Updated on Wednesday, 21 January 2015 17:11
 

LiveAuctioneers video spots today’s celebrities back in time

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Written by ACNI Staff   
Wednesday, 21 January 2015 15:49

Scarlett Johansson and 'Girl in the Ruffle Dress.' Scarlett Johansson photo credit- Greg Razzi; Flickr

NEW YORK – Somewhere in Time is a 1980 film in which an unhappy playwright (Christopher Reeve) falls in love with a 70-year-old photograph of a young actress (Jane Seymour) and wills himself back in time to meet her. The tearjerker was panned by critics but its premise of time travel remains fascinating.

Recently an item that went viral on social media claimed actor Nicolas Cage was a “man from the 1850s” and his actual likeness was captured in an antique photograph, which was offered for sale on eBay for a million dollars.

Producers of LiveAuctioneers TV latched onto the idea and came up with some startling likenesses of current celebrities and their counterparts, which are offered on LiveAuctioneers.com. To view a video log on to http://youtu.be/99IMcPQ5-Iw

Topping the list is a look-alike of actress Scarlett Johansson, whose double appears not only in Johannes Vermeer’s masterpiece Girl with a Pearl Earring, but also in a portrait of a Girl in a Ruffled Dress, a 1938 painting by Greta Kempton (American, 1903-1991). The large oil on canvas, which carries a $400-$600 estimate, will be sold at a Susanin’s auction Feb. 21.

Born and trained in Vienna, Kempton immigrated in the 1920s to the U.S., where she became a successful portrait painter. Her style is said to be reminiscent of Rembrandt, Rubens and other European masters. Her subjects included President Harry S. Truman and first lady Bess Truman.

"An early portrait from Kempton's career, this innocent depiction of a young girl paved the way for her later days spent painting movie stars and statesmen. In person, reviewing her work, one can see why she was compared to the likes of Renoir and Degas," notes Emily Betts Susanin of Susanin’s Auctioneers & Appraisers.

Here are some other celebrities and their doppelgangers somewhere back in time:

  • British actor Damian Lewis (Showtime series Homeland) and Vincent van Gogh in Self-Portrait with Bandaged Ear. A lithograph after the famous painting will be offered by Buy Art Auctions on Feb. 26.
  • Bill Nye the Science Guy on TV and Abraham Lincoln (sans beard). The 16th president is depicted in a 1953 lithograph by African American artist Charles White (1918-1979), which will be sold by PBA Galleries on Jan. 29.
  • A young Robert Downey Jr. and French emperor Napoleon Bonaparte, who’s depicted on a Royal Vienna portrait plate that will be sold Jan. 31 at Fontaine’s Auction Gallery.
  • Veteran actor Jack Nicholson and an 1862 photograph of Maj. Gen. Albert Sydney Johnston. The photo looks like it could have been a still picture from an early 1960s Roger Corman film (see The Terror). The photo will be offered at auction by Flannery’s Auction & Estate Services on Jan. 24.
  • Actress Glenn Close and George Washington – the likeness is closer than you might imagine. The image our the first U.S. President, a primitive oil on board painting signed “Hlinka 72,” is offered in a Jan 26 auction by East Coast Auctions.


ADDITIONAL IMAGES OF NOTE

Damian Lewis and Vincent Van Gogh, lithograph after 'Self-portrait with Bandaged Ear.' Damian Lewis photo credit: Engyles; Flickr

Bill Nye and Abraham Lincoln, lighograph of Lincoln by Charles White (1953). Bill Nye photo credit: Tim Wilson; Flickr

Robert Downey Jr. and Napoleon Bonaparte. Robert Downey Jr. photo credit: reelchange.net

Jack Nicholson and Maj. Gen. Albert Sydney Johnston. Jack Nicholson photo credit: marshallmatlock.com

Glenn Close and George Washington. Glenn Close photo: Glenn Close News; Flickr

Last Updated on Thursday, 22 January 2015 08:55
 

Christie’s announces record-setting results for 2014

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Written by Auction House PR   
Tuesday, 20 January 2015 16:45
Edouard Manet's 'Le Printemps' sold for $65.1 million at Christie's last year. Christie's Images Ltd. 2015. LONDON – Christie’s today announced record results with art sales of £5.1 billion, up 12 percent ($8.4 billion), for the year ending December 2014. This figure is the highest total for Christie’s or any art company in the history of the market.

Sales figures were driven by an increase in activity across all geographies and strong sales of works of the highest quality, particularly in the Post-War & Contemporary Art, Impressionist & Modern Art and Jewelry departments. All sales platforms increased during 2014 with auction sales up 10 percent to £4.2 billion ($6.8 billion), private sales totaling £916.1 million up 20 percent ($1.5 billion) and eCommerce sales realizing £21.4 million, up 54 percent ($35.1 million).

“Christie’s sales grew by 12 percent during 2014 and the team has succeeded by focusing on the art and connecting it to a growing global audience,” said Patricia Barbizet, chief executive officer, Christie’s. “We continue to lead the art market by offering the broadest opportunity to collectors globally. The top end of the market grew during the year as evidenced by the 48 percent increase in works sold above $10 million. Our strategy to develop in new markets such as China and India and in new channels such as private dales and eCommerce, has further propelled the global growth of our business. Our focus remains on serving our clients whenever and however they choose to connect with art, through auctions, exhibitions or online.”

Strong Performances Across Collecting Categories

Post-War and Contemporary Art had its best year ever with total sales of £1.7 billion ($2.8 billion) up 33 percent on 2013. This made a significant contribution to the results for 2014 and was led by Christie’s fall evening sale in New York, which realized $852.9 million, the highest total ever for an auction in the history of the art market. The Impressionist and Modern Art department saw a 14 percent increase to £732.5 million ($1.2 billion) with strong sales across all locations highlighted by the sale of Edouard Manet’s Le Printemps (Springtime) for $65,125,000 to the J. Paul Getty Museum in Los Angeles. A record year in luxury goods included jewelry sales totaling £460.2 million ($754.7 million), a global year-on-year increase of 7 percent, resulting in the 20th successive year of auction market leadership. Decorative Arts was up 9 percent, with the inaugural Exceptional sale in New York in December, realizing $41.3 million, highlighted by a beautiful bronze sculpture by Adriaen de Vries bought by the Rijksmuseum in Amsterdam for $27,885,000.

All Art Sales Channels Increase Auction sales continue to be the primary driver of activity with robust global growth of 10 percent year-on-year at £4.2 billion ($6.8 billion, up 15 percent). Christie’s sold 86 works of art for over $10 million each during 2014, up 48 percent and 870 lots were sold for over $1 million during the year, up 19 percent. Private sales grew 20 percent totaling £916.1million ($1.5 billion).

New exhibition spaces were opened in New York, Hong Kong and Shanghai, and a busy, creative schedule drew new clients to view well received shows including among others the "Bad Shepherd" in London’s Mayfair, "The Year of the Horse" shown in Hong Kong and Shanghai and works by Michele Oka Doner at Rockefeller Center in New York. Online-only sales totaled £21.4 million ($35.1 million), a 54 perecent increase, driven by the 78 eCommerce sales held across 21 different categories. Buyers on the online platform came from 69 countries with 32 percent new to Christie’s and 42 percent of new buyers under the age of 45.

The highest price for a work of art in the live auction room via Christie’s LIVETM was Tyeb Mehta’s (Untitled) Falling Bull, which sold for $2.8 million in the India sale in December in Mumbai. Total sales for online buying via LIVETM and eCommerce were $178 million.

Digital Access and Geographic Development Invites New Audience to Collect

Thirty percent of all buyers were new to Christie’s in 2014 and a growing digital audience was echoed by a 39 percent increase in footfall to the Christie’s King Street headquarters in London. Also in 2014, Christie’s opened a second office in India in New Delhi and the stunning new Ampire Building on the Bund, Shanghai. While Auction sales in Asia totaled £514.8 million, down 14 percent ($844.1 million), 2014 saw an increase in spending globally across categories from Asian clients, up 18 percent, with growing activity in many sale categories. Asian clients accounted for 27 percent of all sales globally

Clients in the Americas acquired 38 percent of sales, an increase in spending of 13 percent on 2013 and accounted for the largest volume of new buyers to Christie’s. Buying from clients in EMERI countries represented 35percent of total auction sales, with sales up in Europe by 20 percent. New buyers from the Middle East increased by 23 percent from 2013.



ADDITIONAL IMAGE OF NOTE
Edouard Manet's 'Le Printemps' sold for $65.1 million at Christie's last year. Christie's Images Ltd. 2015.
Last Updated on Tuesday, 20 January 2015 17:53
 

Sports specialist SCP Auctions launches new, improved website

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Written by Auction House PR   
Tuesday, 20 January 2015 12:27
Honus Wagner baseball card. Image courtesy of SCP Auctions LAGUNA NIGUEL, Calif. – SCP Auctions, one of the nation’s largest auctioneers and private sellers of sports memorabilia and cards, has just unveiled its new website. Implementing vibrant colors, a fresh design and user-friendly navigation, the new look highlights the company’s record-setting prices over the past two decades.

“We needed a facelift,” said David Kohler, president of SCP Auctions. “It was time for us to make a renewed statement about what we do best and that’s to sell important sports memorabilia and cards to collectors worldwide.”

The Southern California-based company that has set world-record prices for such items as a Babe Ruth circa 1920 game-worn New York Yankees road jersey, $4.4 million; a 1909-11 T206 Honus Wagner baseball card, $2.8 million; and one of Jesse Owens’ 1936 Olympic gold medals from Berlin, $1.4 million.

Visit the new-look website at at www.scpauctions.com . Contact: 949-831-3700.

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ADDITIONAL IMAGES OF NOTE
Honus Wagner baseball card. Image courtesy of SCP Auctions Babe Ruth jersey. Image courtesy of SCP Auctions
Last Updated on Tuesday, 20 January 2015 12:47
 

Century-old baseball cards fetch $200,000 at Saco River Auction

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Written by Associated Press   
Friday, 16 January 2015 17:24
This T206 baseball card picturing Cleveland pitcher Cy Young sold for $2,900 plus the buyer's premium. Image courtesy of LiveAuctioneers.com archive and Saco River Auction Co.

BIDDEFORD, Maine (AP) -- The first batch of century-old baseball cards from the “Portland trove” fetched about $200,000 Wednesday at Saco River Auction Co.

Bidders flew in from as far away as California for the auction in Biddeford. Troy Thibodeau from Saco River Auction Co. says cards depicting hall-of-famers like Cy Young and Ty Cobb went for $4,000 to $5,000 apiece.

All told, 212 cards were them were sold.

Thibodeau says the collection of 1,400 cards is so big that cards will be sold in installments over the coming year. The next group of cards will be auctioned next month.

The cards that ranged from 1909 to 1911 feature color lithographs on the front and a tobacco advertisement on the back. The collection belongs to a Portland family that has chosen to remain anonymous.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-WF-01-15-15 1853GMT

Click here to view the fully illustrated catalog for this sale, complete with prices realized.
Last Updated on Friday, 16 January 2015 17:46
 

Rare 1792 penny sells at auction for almost $2.6M

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Written by Associated Press   
Wednesday, 14 January 2015 10:10

Obverse side of the Birch cent. Heritage Auctions image

DALLAS (AP) – An experimental U.S. penny struck to test a design in 1792 sold at auction for almost $2.6 million a day after another rare penny sold for $2.35 million at the same collectors' convention.

Heritage Auctions in Dallas said the 1792 coin sold Thursday for $2,585,000 to a California man. A Heritage official says the coin is called the “Birch cent” after engraver Robert Birch.

The official calls it the “finest” of only about 10 known surviving examples of the pennies struck to test a design depicting “Miss Liberty,”' surrounded by the words “Liberty Parent of Science & Industry.” That motto wasn't adopted for circulating coins.

A U.S. penny from 1793 sold last Wednesday for $2.35 million. It's known as a “chain cent” because of the design on the back.

Heritage President Greg Rohan said the copper cent is rare because the design was changed soon after production started in March 1793. He says critics at the time thought the chain evoked an image of slavery. A wreath replaced the chain in later pennies.

The coin was purchased for $76 the first time it appeared in an auction in 1879.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-WF-01-12-15 2056GMT



ADDITIONAL IMAGES OF NOTE

Obverse side of the Birch cent. Heritage Auctions image 

Reverse of the Birch cent. Heritage Auctions image 

Last Updated on Wednesday, 14 January 2015 10:20
 

Vintage tommy gun nets $25,000 for sheriff department

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Written by Associated Press   
Tuesday, 13 January 2015 09:58
Thompson Model 1921 with Type C drum magazine. Image by Hmaag. This file is licensed under the GNU Free Documentation License. WEST POINT, Miss. (AP) – The auction of a .45-caliber Thompson submachine gun has netted $25,000 for the Clay County Sheriff's Department.

The Daily Times Leader reports the tommy gun, manufactured in 1936 and donated to the sheriff's office in 1945, was sold to a Newellton, Louisiana, man.

Sheriff Eddie Scot says bidding ended last Thursday.

Scott says the money will used to buy weapons for deputies.

Currently, deputies are responsible for purchasing their own guns, which can cost up to $1,000 dollars each.

Scott says the weapons purchased with proceeds from the sale will go to the patrol division and the special response team.

The tommy gun became infamous from its use by both law enforcement officers and criminals like Al Capone. It's now popular among gun collectors.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

AP-WF-01-12-15 1317GMT



ADDITIONAL IMAGE OF NOTE
Thompson Model 1921 with Type C drum magazine. Image by Hmaag. This file is licensed under the GNU Free Documentation License.
Last Updated on Tuesday, 13 January 2015 10:01
 

Saco River to auction early baseball images Jan. 14

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Written by Associated Press   
Tuesday, 13 January 2015 09:37
One of a collection of original 1888 Old Judge N173 5-by-7 glass negatives. This player is identified as C. Boyce of the Washington Club. Saco River Auction Co. image.

BIDDEFORD, Maine (AP) – The first lot from a trove of more than 1,400 century-old baseball cards featuring a slew of Hall of Famers is going on sale this week.

LiveAuctioneers.com will provide absentee and Internet live-bidding services for the event.

Saco River Auction Co. says 212 cards from what's been dubbed the “Portland trove” will be auctioned on Wednesday.

Auctioneer Troy Thibodeau says the collection is so big that the cards be sold in installments over the coming year. The first one includes some of the highest-value cards, including three Cy Young cards and eight featuring Ty Cobb.

The collection dates to 1909. Smaller than modern baseball cards, the so-called tobacco cards feature color lithographs on the front and a tobacco advertisement on the back.

Also up for auction are 48 glass negatives used to create “Old Judge” baseball cards in 1888.

Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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View the fully illustrated catalog and register to bid absentee or live via the Internet as the sale is taking place by logging on to www.LiveAuctioneers.com.




ADDITIONAL IMAGE OF NOTE
One of a collection of original 1888 Old Judge N173 5-by-7 glass negatives. This player is identified as C. Boyce of the Washington Club. Saco River Auction Co. image.
Last Updated on Tuesday, 13 January 2015 11:04
 
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