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Here Are the 15 Most Expensive Artworks Sold at Auction Around the World in May 2021 artnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from artnet.com Daily Mail and Mail on Sunday newspapers.
Versus Medici (1982). Image courtesy Sotheby s. Sotheby’s marathon series of auctions on Wednesday evening felt like something of a return to normalcy, if only because, for the first time in more than a year, there were actually a few dozen collectors present in the New York salesroom. In keeping with our new reality, the sale was also very much a hybrid affair: auctioneer Oliver Barker beamed in from London and specialists manned phone banks in Hong Kong and London as well as New York. The auction house packed three separate sales an estate offering, a postwar and contemporary art sale, and an Impressionist and Modern coda into a nearly five-hour marathon. In all, the evening generated $597 million a more than 60 percent increase on its equivalent megasale mid-lockdown last June. (Read our report on the Imp-Mod segment of the sale here.) ....
After a dismal 2020, auction houses are looking to get back on track. May 10, 2021 This untitled Keith Haring lot will be on sale at Sotheby s this week. Photo by TIMOTHY A. CLARY / AFP. So, here we are, on the verge of another major and relatively “normal,” whatever that means these days auction season, as Christie’s and Sotheby’s get ready to sell hundreds of millions of dollars worth of Impressionist, Modern, and contemporary art in the space of a single week. (Phillips’s sale has been pushed to June.) And despite all that has changed in the past year, some things have remained the same or even shifted back to how they were before the pandemic. After a dismal 2020 for the auction houses, they’re now back on steadier ground, with the low end of the cumulative estimates this season reaching over $1 billion. (Does that ring a bell?) ....