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ARTBnk's May 2021 auction sales performance report


ARTBnk s May 2021 auction sales performance report
Jonas Wood, Two Tables With Floral Pattern, 2013, oil and acrylic on canvas, 100 x 93 in. Christie’s May 11th 21st Century Evening Sale. Estimate: $2,000,000 - $4,000,000. Sold: $6,510,000.
NEW YORK, NY
.- With major sales taking place this past week in New York, ARTBnk analyzed 525 works from day and evening sales at Sotheby’s and Christie’s to evaluate the state of the fine art market today. Within this analysis, we’ll break down how these works performed across market sectors by utilizing presale fair market value—ARTBnk Value—for each individual work of art, determined through ARTBnk s unique AI valuation methodology which combines thousands of quantitative and qualitative data points with systematic regression analysis. ....

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Despite Protests, Several Museums Sell Off Collection Artworks at Auction

A handful of U.S. museums sent collection artworks to the auction block at a Sotheby's American art sale that totalled $15 million on Wednesday. Women artists in the sale including Mary Cassatt, Georgia O'Keeffe, Grandma Moses and Gertude Abercrombie brought big prices for some small-sized works overall.  Although some of the sales could be earmarked to fund new acquisitions, the sell-off from public institutions falls within a two-year period in which museum association guidelines . ....

New York , United States , New York Historical Society , Santa Maria , Mary Cassatt , Childe Hassam , Thomas Cole , Helen Frankenthaler , Burgoyne Miller , Diane Demell Jacobsen , Thomas Eakins , A Frederic Remington , Gertude Abercrombie , Grandma Moses , Newark Museum Of Art , San Diego Museum Of Art , New York Times , Brooklyn Museum , Palm Springs Art Museum , Newark Museum , Georgiao Keeffe , Green Oak Leaves , Marsden Hartley , Charles Sheeler , Farm Building , Albert Bierstadt ,

Claude Monet's


Claude Monet s Le Bassin aux Nymphéas Is Being Auctioned Next Week
Tobias Carroll, provided by
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In 2009, Carol Vogel at
The New York Times succinctly explained the lasting appeal and aesthetic acclaim that Claude Money’s paintings of water lilies, made late in his life, have had over time. “Over the years as [the Museum of Modern Art] added others to its collection, these dreamy depictions of Monet’s Japanese-style pond and gardens in Giverny, France, have became among the most fabled images at the museum,” Vogel wrote. And Deborah Solomon situated the paintings “among art history’s greatest last acts.” ....

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Oil painting sells for record sum of US$3mil


AN oil painting with the title Portrait de Mademoiselle Phuong (pic) by Mai Trung Thu has sold at auction for the highest price ever paid for Vietnamese art.
Offered at the “Beyond Legends: Modern Art Evening Sale” auction by Sotheby’s Hong Kong, the painting was sold for a record amount.
With a guide price of US$500,000 (RM2mil), the painting eventually reached US$2.573mil (RM10.5mil) on Sunday.
After taxes and fees were calculated, the total came up to US$3.1mil (RM12.5mil).
This is more than double the previous highest valued auction sale where the painting Khoa Than (Nude) by Le Pho sold for US$1.4mil (RM5.7mil). ....

Han I , Republic Of , Mai Trung , Thanh Hóm , Sotheby Hong Kong , Le Pho , Indochine The Fine Arts College Of Indochina , Portrait De Mademoiselle Phuong , Mai Trung Thu , Modern Art Evening , Hong Kong , Khoa Than , Trung Thu , Mademoiselle Phuong , Lycee Francais De Hue , Ecole Des Beaux Art , Fine Arts College , ஹான் நான் , குடியரசு ஆஃப் , மை ட்ரங் , சோதேபி ஹாங் காங் , லெ ஃபோ , மை ட்ரங் து , நவீன கலை சாயங்காலம் , ஹாங் காங் , ட்ரங் து ,