OH THE ART WORLD IS EVEN MORE NARCISSISTIC WITH THEIR INCESTUOUS RELATIONSHIPS AND THIS REPORTING, BUT PAY ATTENTION TO THE UNDERTONES OF WHAT THIS ARTICLE IMPLIES, WHICH IS YOU HAVE BEEN SO RIPPED OFF BY ALL THESE 1% PEOPLE, THEY HAVE SO MUCH OF YOUR MONEY, THEY ARE NOW INTO HEDONISTIC EXCESS AND BIDDING WARS BETWEEN THEMSELVES IN STATUS SEEKING TO FLAUNT THEIR POWER WITH BAUBLES SUCH AS ART
AND THEY WHINE ABOUT IT! I GUESS THE MORE ONE LOOKS AT THE ABOVE PICTURE, IT GROWS ON YOU, FOR THE COLOR APPLICATION
HERE’S ARTNET’S FAWNING ARTICLE ABOUT THESE PRETTY PEOPLE AND HOW WONDERFUL THE PARTY IS. DON’T FORGET THE US JUSTICE DEPARTMENT IS ONCE AGAIN INVESTIGATING SOTHEBY’S AND CHRISTIES. BUT ALL THESE POEPL KNOW THEY ARE ABOVE THE LAW, AFTER ALL THEY ARE THE INTELLECTUAL ELITE! NOT DOCTORS OR LAWYERS OR SCIENTISTS THAT ACTUALLY SOLVE WORLD PROBLEMS
In a night of frenzied selling, Christie’s New York racked up $658.5 million from the world’s wealthiest over a two-and-a-quarter-hour sale of postwar and contemporary art.
The astronomical sale saw three works sell for north of $50 million, eight for upwards of $20 million, and 20 for better than $10 million. It was the house’s fifth-highest sale ever.
FIFTY MILLION IS THE NEW NORMAL! MAYBE THE NAZI LOOTED ART WILL GET RESTORED TO THEIR FAMILIES AND THESE VICTIMS CAN SHARE IN THE PARTY
“Fifty million is the new normal,” New York dealer Francis Beatty, of Richard Feigen & Co., said after the sale.
Mark Rothko’s eight-foot-tall abstract No. 10 (1958) was the prize lot. The painting was guaranteed to sell. Off the market for nearly 30 years, the canvas hasn’t been on public view since 1987. It features the artist’s trademark floating rectangles of color, in this case deep reds, floating in front of a black ground. Seven anonymous phone bidders slugged it out over nearly six minutes.
Even Arte Povera, “poor art,” a post-war Italian movement that expressed scarcity, turned up very rich, with the night’s first offering, a Giovanni Anselmo sculpture estimated at up to $800,000, rising to eight times its high estimate to command $6.4 million, a record for the artist. That set the tone for a night of wild spending. SHADES OF A ROMAN BACCANALIA!
Eight new auction records were set, including for Anselmo, Carroll Dunham ($509,000), Lucien Freud ($56.2 million), Hans Hoffmann ($6.3 million), Robert Ryman ($20.6 million), Sturtevant ($5 million), and Rudolf Stingel ($4.8 million).
Robert Rauschenberg’s 1961 assemblage Johanson’s Painting also set a record when it sold for $18.6 million, beating his previous high by $4 million. That work was one of 20 lots on offer early in the evening, that came from the collection of fabled New York dealer Ileana Sonnabend.
MONEY MAKES ONE PART OF THE INTELLECTUAL ELITE????????????OH THEY ARE THE INTELLECTUAL ELITE, HUH? ISN’T THIS WHAT HITLER THOUGHT?
“That was a thing of beauty,” New York dealer Cristin Tierney said. “Just when you think auctions are about nothing but diamond dust, a bidding war over something rigorous and conceptual restores your faith in an intellectual elite. There are still some collectors out there who are the real deal.” Several of the Sonnabend lots dramatically exceeded their estimates.
“When you start off so high,” he said, “it makes it hard for others to jump in.”
HERE’S THE WHINING!
New York dealer Christophe van de Weghe went away disappointed, having bid on a Jean-Michel Basquiet painting, The Field Next to the Other Road, but failing to get it.
“Tonight I bid $33 million,When I moved to New York, in 1993, it came up for auction at Sotheby’s. It was estimated at $125,000 t0 $175,000 but failed to sell. They told me afterward that if I offered $75,000, I could get it. I thought about it over the weekend but on Monday I told them I didn’t have the money.”
“So,” he said, “I’ve failed twice.”
For all who want the details of this excess for IT’S THE ONLY REALITY SHOW THAT TELLS YOU HOW BAD YOU’RE LIFE IS GOING TO BECOME, READ ALL THE DETAILS HERE.
https://news.artnet.com/market/christies-658-million-sale-record-rothko-89-million-297476?utm_campaign=artnetnews&utm_source=051415daily&utm_medium=email
AND THEY WHINE ABOUT IT! I GUESS THE MORE ONE LOOKS AT THE ABOVE PICTURE, IT GROWS ON YOU, FOR THE COLOR APPLICATION
HERE’S ARTNET’S FAWNING ARTICLE ABOUT THESE PRETTY PEOPLE AND HOW WONDERFUL THE PARTY IS. DON’T FORGET THE US JUSTICE DEPARTMENT IS ONCE AGAIN INVESTIGATING SOTHEBY’S AND CHRISTIES. BUT ALL THESE POEPL KNOW THEY ARE ABOVE THE LAW, AFTER ALL THEY ARE THE INTELLECTUAL ELITE! NOT DOCTORS OR LAWYERS OR SCIENTISTS THAT ACTUALLY SOLVE WORLD PROBLEMS
In a night of frenzied selling, Christie’s New York racked up $658.5 million from the world’s wealthiest over a two-and-a-quarter-hour sale of postwar and contemporary art.
The astronomical sale saw three works sell for north of $50 million, eight for upwards of $20 million, and 20 for better than $10 million. It was the house’s fifth-highest sale ever.
FIFTY MILLION IS THE NEW NORMAL! MAYBE THE NAZI LOOTED ART WILL GET RESTORED TO THEIR FAMILIES AND THESE VICTIMS CAN SHARE IN THE PARTY
“Fifty million is the new normal,” New York dealer Francis Beatty, of Richard Feigen & Co., said after the sale.
Mark Rothko’s eight-foot-tall abstract No. 10 (1958) was the prize lot. The painting was guaranteed to sell. Off the market for nearly 30 years, the canvas hasn’t been on public view since 1987. It features the artist’s trademark floating rectangles of color, in this case deep reds, floating in front of a black ground. Seven anonymous phone bidders slugged it out over nearly six minutes.
Even Arte Povera, “poor art,” a post-war Italian movement that expressed scarcity, turned up very rich, with the night’s first offering, a Giovanni Anselmo sculpture estimated at up to $800,000, rising to eight times its high estimate to command $6.4 million, a record for the artist. That set the tone for a night of wild spending. SHADES OF A ROMAN BACCANALIA!
Eight new auction records were set, including for Anselmo, Carroll Dunham ($509,000), Lucien Freud ($56.2 million), Hans Hoffmann ($6.3 million), Robert Ryman ($20.6 million), Sturtevant ($5 million), and Rudolf Stingel ($4.8 million).
Robert Rauschenberg’s 1961 assemblage Johanson’s Painting also set a record when it sold for $18.6 million, beating his previous high by $4 million. That work was one of 20 lots on offer early in the evening, that came from the collection of fabled New York dealer Ileana Sonnabend.
MONEY MAKES ONE PART OF THE INTELLECTUAL ELITE????????????OH THEY ARE THE INTELLECTUAL ELITE, HUH? ISN’T THIS WHAT HITLER THOUGHT?
“That was a thing of beauty,” New York dealer Cristin Tierney said. “Just when you think auctions are about nothing but diamond dust, a bidding war over something rigorous and conceptual restores your faith in an intellectual elite. There are still some collectors out there who are the real deal.” Several of the Sonnabend lots dramatically exceeded their estimates.
“When you start off so high,” he said, “it makes it hard for others to jump in.”
HERE’S THE WHINING!
New York dealer Christophe van de Weghe went away disappointed, having bid on a Jean-Michel Basquiet painting, The Field Next to the Other Road, but failing to get it.
“Tonight I bid $33 million,When I moved to New York, in 1993, it came up for auction at Sotheby’s. It was estimated at $125,000 t0 $175,000 but failed to sell. They told me afterward that if I offered $75,000, I could get it. I thought about it over the weekend but on Monday I told them I didn’t have the money.”
“So,” he said, “I’ve failed twice.”
For all who want the details of this excess for IT’S THE ONLY REALITY SHOW THAT TELLS YOU HOW BAD YOU’RE LIFE IS GOING TO BECOME, READ ALL THE DETAILS HERE.
https://news.artnet.com/market/christies-658-million-sale-record-rothko-89-million-297476?utm_campaign=artnetnews&utm_source=051415daily&utm_medium=email
For more details please visit at http://www.albrechtdurerblog.com
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