Displaying items by tag: Christie's

On Wednesday, Reed Galin, an investor in a painting by Andrew Wyeth entitled Ice Storm, sued an art dealer in New York State Supreme Court for the proceeds from the May sale of the painting at Christie's.

The painting is at the heart of a long-standing dispute between Galin and disgraced art dealer David Ramus, Galin's a childhood friend.

Though the art market continues to post huge gains, six-month figures released by Christie’s today show at $4.5 billion a flat line and close to virtual tie for what the market leader firm achieved for the same period in 2014. That jumbo figure includes both auction and private sales, the latter contributing $515 million to the overall tally, substantially down from $828.2 million achieved for the same period in 2014.

The leading interior designer Frank de Biasi has cultivated a singular aesthetic that is firmly rooted in his passion for art, history, and design -- a love that was forged during his time as an appraiser at Christie’s New York. Following his tenure at the inimitable auction house, de Biasi was named the Director of Interiors for the iconic architect Peter Marino. After twelve years with Marino, de Biasi founded Frank de Biasi Interiors. Since launching in 2006, the New York-based firm has become synonymous with an eclectic yet impossibly chic aesthetic.

de Biasi, who has helmed commercial and residential projects in in the United States, Europe, and the Middle East, works closely with his clients to...

This story is the stuff of film. An Auguste Rodin statue that was stolen from a Beverly Hills mansion 24 years ago was finally recovered after it popped up at a Christie's auction. The work, which was estimated to sell for around $100,000, had been consigned and was subsequently withdrawn.

Now, following a settlement brokered with the help of London-based Art Recovery Group led by CEO Christopher Marinello, the statue, Young Girl With a Serpent (circa 1886), will be consigned for sale this year, with no claims to hinder it.

The two houses will do almost anything to outmaneuver each other, and the friction between them will likely only increase under new CEOs.

This May, after billionaires had outbid billionaires in New York’s contemporary art auctions, something became immediately clear: Christie’s had just clobbered Sotheby’s with a gavel.

Over four days, Christie’s sales totaled $1.7 billion, its biggest week ever. On one of those evenings, frantic bidding inside its Rockefeller Center salesroom enabled the auction house to sell $706 million of art spanning the 20th century in less than two hours. An anonymous bidder even plunked down $179.4 million for Pablo Picasso’s Les Femmes d’Alger, smashing the record for the most expensive work ever sold at auction. “We’re in a fantasyland,” proclaimed collector Michael Ovitz, the former president of Walt Disney Co., as he left the room...

Christie's kept the international art auction caravan rolling with an impressionist and modern art sale that brought in $113 million (£71.88 million) on Tuesday.

A Claude Monet study of mauve irises swaying against a pale blue sky in his Giverny garden was the star lot at $17 million. A 1969 Pablo Picasso head, with all the startling vigour of his old age, came in next at $7 million.

The UK is fighting to keep a Paul Cézanne landscape painting in the country following its sale for £13.5 million ($20.5 million) at Christie's London during its $222.8 million Impressionist and modern art sale in February.

At the auction, "Vue sur L'Estaque et Le Château d'If" (1883–85) barely topped its pre-sale estimate of £8–12 million ($13–19 million), and was sold to Nancy Whyte, an American art advisor.

More than 200 lots of diamonds, rare gemstones, and signed designer jewels brought $27.6 million at Christie’s New York sale of Important Jewels on June 16.

The top lot, a cushion-cut Kashmir sapphire of 21.71 carats, realized $4.2 million. Signed by Cartier, flanked on both sides by trapeze-shaped diamonds, and mounted in platinum, the ring was part of the collection of Margaret Adderley Kelly, which saw a 100% sell-through totaling just shy of $10 million.

Russborough House has decided not to sell an important Rubens oil painting for which it obtained an export licence earlier this year.

The painting, titled "Portrait of a Monk, Bust-Length," was one of three by Rubens for which Russborough obtained an export licence on March 16th last. The other two are among a group of nine pictures from Russborough due to be auctioned at Christie’s in London in the coming weeks.

A dazzling array of Art Deco jewels is set to headline Christie’s sale of Important Jewels in New York on June 16.

The top lot of the auction is an Art Deco diamond pendant necklace suspending a D-color, internally flawless diamond of 16.24 carats that is estimated to achieve between $1.6 million and $2 million.