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Christie's Top Brass Just Broke Down the Auction House's Earnings. Here's How Lucrative the First Half of 2021 Was


The sales thus far have amounted to $3.5 billion.
July 13, 2021
Auctioneer Gemma Sudlow fields bids during Christie s 21st Century evening sale in New York in May 2021. Photo: Christie s Images Ltd. 2021.
Christie’s pulled out all the stops today, July 13, with a high-profile line-up of far-flung executives for a virtual call to announce the results of its wide-ranging business activities in the first half of 2021.
The total sales for the first six months of the year amounted to $3.5 billion, making it the auction house’s second-best half-year total in the past six years, and exceeding the 2019 equivalent by 13 percent.
Executives noted the significance of an influx of buyers and intense demand from Asia (which accounted for 39 percent of the value of auction sales worldwide), as well as the auction house’s plunge into sales of non-fungible tokens (NFTs) this year. They also highlighted how a recent spate of marathon hybrid sales have helped provide so ....

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Did the Nazis force an art sale? The question lingers 88 years later.


Did the Nazis force an art sale? The question lingers 88 years later.
Joachim Anthoniesz Wtewael’s “Actaeon Watching Diana and Her Nymphs Bathing.” The museum has held that Curt Glaser’s sale of the painting was not forced by Nazi persecution. Museum of Fine Arts, Boston via The New York Times.
by Catherine Hickley
(NYT NEWS SERVICE)
.- The Nazi authorities removed Curt Glaser from his post as director of the Berlin State Art Library in April 1933 because he was Jewish. He was also evicted from his home and, the following month, sold most of his art collection at two auctions. ....

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Modern Art announces representation of the Estate of Karlo Kacharava


Modern Art announces representation of the Estate of Karlo Kacharava
Kacharava’s paintings are marked by the intensity of their narrative voice and formal inventiveness.
LONDON
.-Modern Art announced representation of the Estate of Karlo Kacharava (1964-1994). Our first exhibition of Kacharava’s work, curated by Sanya Kantarovsky and Scott Portnoy, will take place in October 2021 and open during Frieze week at Modern Art Helmet Row.
Karlo Kacharava was an artist, theorist and poet living in Tbilisi, Georgia. Active through the 1980s and 1990s, the artist’s inventive approach to painting transgressed the boundaries of late Soviet visual culture, greatly contributing to contemporary art in the post-Soviet Caucasus. Though his career was cut short by his early death at the age of thirty, Kacharava’s output and presence galvanized a generation of contemporary Georgian artists, eventually broadening the conversation beyond Georgia’s borders. ....

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