Tracey Emin Bed Sells for Millions

tracey emin dirty bed for auction

The dirty, unmade bed with yellowing sheets by British artist Tracey Emin has sold for £2,546,500 or $4,351,969 USD (including buyer’s premium) at a Christie’s auction in London. I already had my fun with the Emin bed last month, so I’ll keep it short. My Bed, the iconic, controversial work from 1998 more than doubled the auction estimate by Christie’s, but I’m not surprised at all. I thought it could have made much more than it did.Continue Reading

Tracey Emin’s Used Bed For Sale

tracey emin dirty bed for auction

Christie’s will be selling British artist Tracey Emin’s dirty unmade bed at their upcoming Post-War and Contemporary art auction in London on the 1st of July. It also comes with yellowing bed sheets and pillows, her dirty panties, several empty bottles of vodka, used condoms, an ashtray, empty packets of cigarettes, various pills and tablets, an old pair of slippers, an old newspaper, a belt, some luggage, and a reputation that should see the iconic work reach more than $2 million dollars!Continue Reading

Record Christie’s Auction

alexander calder sculpture

The auction lots may not have been surreal but the prices most certainly were. The Christie’s post war and contemporary art evening sale on Tuesday made a record $744.9 million. That’s close to a billion dollars worth of art sold in one night! If you combine the Monday and Tuesday sales there was $879,574,000 worth of art sold. An $80+ million Francis Bacon and an $84+ million Barnett Newman were the two most expensive lots to sell. How does one start a hedge fund? I think I’m in the wrong game ;-) Continue Reading

Kate Moss Auction

kate moss photograph auction

British model and super muse Kate Moss will be the only thing up for sale in an upcoming auction at Christie’s in London. Kate Moss photos and works of art inspired by her from the collection of Gert Elfering will be sold at the September 25 auction. Moss has been painted by the likes of Lucian Freud and Banksy, sculpted by Marc Quinn and Allen Jones, and photographed by almost everyone. 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

Most Expensive Living Artist – Lucian Freud

Lucian Freud has become the most expensive living artist at auction with his “Big Sue” painting. The large naked woman painted on a couch is called “Benefits Supervisor Sleeping” and sold for $33.6m or £17.2m at Christies last week. The sitter is Sue Tilley and she sat for Freud over a four year period.Continue Reading

Christie’s Billions for 2007

ArtDaily recently mentioned the full year art sales of Christie’s auction house. Christie’s sold an impressive $6.3 billion in art for 2007 (Bloomberg says it’s $6.1 billion).

It will be interesting to see if the next big art auction takes any notice of the recent (current?) stock market plunge. If the super-rich are getting margin loan calls and they keep hearing in the news that there’s a recession ahead, will they continue to pay the high prices that are being paid for art?Continue Reading

Egon Schiele Drawings at Auction

I think Egon Schiele is the most amazing draftsman. He would have to be the greatest artist to have picked up a pencil in the last 200 years. It’s a pity he died so young though (1890-1918). Perhaps if he had lived longer he may have mastered the brush as well as he mastered the stick (pencil).Continue Reading

Faberge Eggs

A pink Faberge Egg has sold at Christie’s in London for around 9 million pounds or 18 million US dollars. It’s an egg-cellent result for the Rothschild banking family that owned it, but an egg-spensive little egg for the Russian tycoon that bought it! (sorry, I couldnt help myself)Continue Reading

Sotheby’s Auction Panic and Christie’s Auction Records

After seeing the Sotheby’s auction fizzle out last week, I thought record prices might have become a rare event. Of the 76 works on sale, 20 failed to find buyers, including this wheat field painting (pictured) by Vincent van Gogh.

But a Christie’s auction in New York has blown my theory of an auction slowdown out of the water. Among the artists that set new records for their work were Richard Prince, Lucian Freud, Ed Ruscha, Thomas Struth, Jeff Koons and Zhang Xiaogang.Continue Reading