The work of the late Indian painter Maqbool Fida Husain–M. F. Husain, for short–proved to be absolutely dominant at Christie’s South Asian modern and contemporary art sale in New York yesterday, with all 13 of his works on offer selling, for a total of $4.2 million, more than half the auction’s $7.38 million haul. Read More
The art-auction calendar in the Middle East continues to get busier, with Christie’s announcing that it will add a second day to its October sales of modern and contemporary Arab, Iranian and Turkish Art in Dubai. Read More
The rapid ascent of the Chinese art market and auction business is far from a secret at this point, but an article in the The New York Times about the phenomenon makes a few key points about developments in that field, including the fact that, according to art-market research company Artprice, Chinese auction houses may now be the world leader in sales, moving $8.3 billion of goods a year. Read More
Nearly one-fifth of Christie’s clients now bid online, according to sales figures released by the auction house. 19% of clients are online bidders, up 2% year-on-year. The total value of lots purchased online has risen 24% to $59.9 million. Christie’s had a total turnover of $3.2 billion according to the first-half sales totals.
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Art dealers on both coasts sent out emails today announcing additions to their artist stables.
First out the gate: Los Angeles’s David Kordansky Gallery. Mr. Kordansky’s early morning blast had news that he’d signed painter Jonas Wood. Mr. Wood had a solo show last year at LA’s Hammer Museum, and was recently the subject of Read More