Art Auction News Update

Here’s some crazy auction news from around world with a few record sales. Remember to send me your links or art press releases to be posted on Art News Blog.

  • CBC – Art auction records are now broken quite regularly. I’m no longer surprised by any of the prices paid. A Lucian Freud painting of Bruce Bernard sold for £7.8 million, making it the most ever paid for a living European artist.
  • Bloomberg – Damien Hirst didn’t want to be outdone, and quickly takes the the record from Lucian Freud. Hirst’s pill cabinet “Lullaby Spring” sold at auction for 9.7 million pounds or $19.3 million US dollars, making it a record for a living artist.
  • Articulate – A new record was also recently set in Australia, when a Brett Whiteley painting sold at auction for $3.48 million. This breaks the Australian auction record that was recently set by John Brack.
  • SMH – The record breaking painting by Brett Whiteley (The Olgas for Ernest Giles) has been a good investment. It was sold for $80,000 back in 1990 at Christie’s.
  • Guardian – It was a record breaking week in London at Sothebys.

I haven’t checked any of the upcoming auctions, but I’m pretty sure we’re not too far away from a $200 million painting.
>> Art Auction News

About Dion

Australian artist and observer of things.. all kinds of things. I like a wide variety of art, from the weird and wonderful to the bold and beautiful.. and everything in between.

Comments

  1. Anonymous says:

    Art photographs still remain obtainable at auction by mere mortals, as documented at photoAuctions.info. I guess it depends on what you like, but I still think that’s cool: the technology age does have some advantages.

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