No longer does museum validation or scholarly attention determine a painting’s value. Now, the collectors’ hunger comes first, and institutions must follow.
Tag: Phillips Auctioneers LLC
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Spring Auction Sales for Two Blockbuster Weeks Top $2.5 Billion
Eleven auction records for artists — six by women — were smashed on Thursday night in two sales at Sotheby’s.
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Warhol’s $200 Million ‘Marilyn’ Could Test Art Market’s Health
The painting is poised to wrest the auction high for an American artwork from Jean-Michel Basquiat.
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New York City Eliminates the Rules That Govern Art and Other Auctions
Auction houses like Sotheby’s and Christie’s will no longer need to be licensed as part of a sweeping package designed to promote a business-friendly climate.
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Basquiat Show Curated by His Sisters Offers Intimate Look at the Artist
The exhibition at the Starrett-Lehigh building in Chelsea features more than 200 artworks and artifacts from the collection of the artist’s estate, most of which have never been seen.