Art Auction in Iran

modern art in iran

The thing that I like most about maintaining Art News Blog is the different art that I see each day. It gets me out of my comfort zone and I look at art that I wouldn’t have otherwise looked at. I couldn’t tell you the name of one famous Iranian artist but that doesn’t stop me from having a browse through an Iranian art auction being held in Tehran on the 28th of this month. Actually I can think of one famous Iranian artist: the photographer Shirin Neshat.. or is she American? I’m pretty sure she was at least born in Iran.Continue Reading

Auction Record for Brett Whiteley

brett whiteley self portrait

Earlier this week a Brett Whiteley painting sold for $3,927,272 at a Menzies Art Brands auction, breaking his previous record of $3.48 million for his Olgas painting. The big blue My Armchair work is an interior view of his Lavendar Bay home overlooking the Sydney Harbour. It’s the second most expensive painting sold in Australia; a Sidney Nolan painting from his Ned Kelly series sold for $5.4 million in 2010.Continue Reading

Auction of Weird at Christie’s London

christie's out of the ordinary auction

Christie’s South Kensington in London will hold an auction of weird and wonderful things on the 5th of September. Out of the Ordinary is a one off auction with lots that include everything from Napoleon death masks and a piece of Queen Elizabeth II’s wedding cake, through to pinball machines and cave bear skeletons. Continue Reading

El Greco Painting Record

el greco auction record

A bidding war between a Russian collector and an Indian collector saw the 3 to 5 million pound estimate of El Greco’s “Saint Dominic in Prayer” almost double to reach an auction record for the artist of £9,154,500 or about $14,000,000 USD.

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Art Market Trends 2008

2008 was a wild ride for the world art market with the financial crisis catching up with auction sales. Artprice.com called it a year that started with “speculative euphoria” and ended with a “violent contraction.”

The Art Market Insight by Artprice is an annual publication that looks back at art auction prices for the year. Listed in the report is the top 10 artists, the top 100 auction sales, and a list of the top 500 artists by turnover for the year.Continue Reading

Sotheby’s Contemporary Art Preview

Sotheby’s has a video preview of their upcoming Sotheby’s Contemporary Art auction in New York on the 11th of November online here. There’s a few important works in it that must have billionaire art collectors licking their lips. Click on “Browse the Catalogue” on the video preview page above to see all the works up for auction.

My favorite painting in the auction is easily Philip Guston’s “Beggar’s Joys” work from 1954/55. There’s no estimate for the work on the Sotheby’s website, but I’m guessing that it’s out of my price range by quite a few million.Continue Reading

Major Picasso Harlequin Withdrawn from Auction

An important Pablo Picasso painting has been withdrawn from a Sotheby’s Impressionist and Modern art auction in New York. The 1909 work titled “Arlequin” was expected to make more than $30 million.Continue Reading

Business Artist Damien Hirst

The Damien Hirst circus is over and was a great success. The first night of the Hirst auction raised about 70 million pounds and the second day raised 40,919,700 GBP, which works out to be about $200 million USD in 2 days.

I don’t care what we think of his art.. love it or hate it.. Damien Hirst is a genius! He makes Andy Warhol look like a hippy with no job or credit card.Continue Reading

Damien Hirst Auction

Damien Hirst may have a pile of unsold artworks sitting in a gallery and Robert Hughes may think his work is “tacky,” but there’s still plenty of rich collectors willing to bet their millions on the British artist. Financial crisis and all, Hirst still sets records.

The first night of the much talked about Damien Hirst auction (Beautiful Inside my Head Forever) made about £70 million, which is 8 million pounds above the high estimate by Sotheby’s.Continue Reading

Pablo Picasso Auction in Sydney

A Pablo Picasso painting is being auctioned this week in Sydney, Australia at Deutscher-Menzies. The 1954 work titled “Sylvette” is expected to set a record for a painting auctioned in Australia with an estimate of between $5,000,000 and 7,000,000.Continue Reading