More than US$1.3 billion worth of art sold this week in NYC
James Tarmy, Bloomberg News VIDEO SIGN OUT
Change is in the air.
The auction market, long dominated by work made by White men, is demonstrating some semblance of market diversityânot only in whatâs offered, but also by how much people are willing to pay.
âIn a way, the headline this week is about diversity in so many ways,â says Bonnie Brennan, president for the Americas at Christieâs. âNot only in the artists themselves, but the [artworksâ] medium, style, and price points.â Yes, she continues, there were solid results for established names, âbut the more electric moments this week have been around newer and more emerging artists.â
By Hanna Rantala LONDON (Reuters) - Paintings by Pablo Picasso, Piet Mondrian and Vincent Van Gogh went on display at Christie's in London on Thursday.
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A noticeable friction arose towards the end of the 19th century between Russia’s old-world nobility and its merchant millionaires. The nobility were condescending to the brash new capitalist businessmen for their ignorance of etiquette, but envied their opulent lifestyles, aware they were being usurped. This process accelerated with the generation that came of age in the 1890s. Suddenly there were dozens of young men born into great wealth who were also educated and deeply cultured, having often been the first members in their families to attend elite schools and universities. Such were Sergey Shchukin and Ivan Morozov, who in the years leading up to the First World War amassed private collections of modern French art of such quality that they were without counterpart anywhere in the world, even in Paris. Although Shchukin’s collecting stopped abruptly in 1914, Morozov continued for three more years, having emulated his late brother Mikhail�