Art Auctions

This tag is associated with 3 posts

Rediscovered Masterpieces by Cezanne and de Lempicka to be Auctioned

Reuters reports that a rare, pristine Paul Cezanne watercolor, which has not been seen in public since 1953, is expected to sell for as much as $20 million at Christie’s in May. The late 19th-century work on paper is one of Cezanne’s preparatory studies for his seminal Card Players series of five paintings, “Joueurs des cartes.” Its whereabouts … Continue reading

Late Billionaire Teddy Forstmann’s Entire Art Collection to be Sold at Sotheby’s in May

The auction house will present the entire collection of the late financier and philanthropist Theodore Forstmann — some 50 items estimated at $75 million — in a series of spring sales. The pieces include a Picasso portrait of Dora Maar valued between $20 and $30 million and a record-setting portrait by Chaïm Soutine (est. $10-15 million). Sotheby’s announced the sale in a press … Continue reading

Auction Prices for Old Art Reach the Stratosphere

In the New York Times Art section of March 16, 2012, Souren Melikian, longtime art editor of The International Herald Tribune, reports on recent auction sales of art by the old masters at prices many times their estimates. He points out that “[t]he factor underlying the phenomenon is the unprecedented popularization of art. As art supplies shrink, … Continue reading