Tag: Christie’s

Robert Mnuchin Would Rather Not Discuss His Client (or His Son)

Bidding started at $40 million and in less than 90 seconds reached $60 million. Around and around the bidding went, but the man who never stopped raising his paddle was Mr. Mnuchin, the 85-year-old father of Steven Mnuchin, the treasury secretary under President Trump. There was nothing flashy about Robert Mnuchin, who was on a […]

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XX Marks the Spot: KAWS Goes Global

Many art careers are made from the top down: A museum show typically provides the seal of approval that propels a young artist to success in the commercial world. But KAWS — the nom-d’art of Brian Donnelly — took another direction. He became a popular juggernaut thanks to the simple, graphic and recognizable characters he […]

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Jeff Koons ‘Rabbit’ Sets Auction Record for Most Expensive Work by Living Artist

A shiny stainless steel sculpture created by Jeff Koons in 1986, inspired by a child’s inflatable toy, sold at Christie’s on Wednesday night for $91.1 million with fees, breaking the record at auction for a work by a living artist, set just last November by David Hockney. Robert E. Mnuchin, an art dealer and the […]

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Jeff Koons ‘Rabbit’ Smashes Record for Work by a Living Artist

A shiny stainless steel sculpture created by Jeff Koons in 1986, inspired by a child’s inflatable toy, sold at Christie’s on Wednesday night for $91.1 million with fees, smashing the record at auction for a work by a living artist, set just last November by David Hockney. Robert E. Mnuchin, an art dealer and the […]

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Spring Art Sales: Yawns or Records?

The marquee auctions of Impressionist, modern and contemporary art in New York next week are the first crunch moment of the year for the top end of the art market. Owners of big-ticket paintings and sculptures regard these biannual sales as the moment to maximize prices. For Sotheby’s, Christie’s and Phillips, this is also the […]

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Move Over, Richard Prince. Here Comes Bootleg Art From ‘Christy’s.’

“I’ve never actually had to go to court over one of these things,” Eric Doeringer said last week, standing in front of a wall of his latest artworks. “Generally, when they ask me to cease and desist, I do that.” Mr. Doeringer, known for his appropriations of works by famous contemporary artists, had been holed […]

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Masterpiece or Mistake? A Hawaii Museum’s $7.5 Million Question

It was a generous gift — and one completely in tune with our cultural times. In 2018, the tech billionaire Marc Benioff donated a wooden statue of a Hawaiian war god he had bought at auction for about $7.5 million to the Bernice Pauahi Bishop Museum in Honolulu. The snarling, musclebound deity, known as “The […]

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Rembrandt in the Blood: An Obsessive Aristocrat, Rediscovered Paintings and an Art-World Feud

The discovery that upended Jan Six’s life occurred one day in November 2016. Six is a 40-year-old Dutch art dealer based in Amsterdam, who attracted worldwide attention last year with the news that he had unearthed a previously unknown painting by Rembrandt, the most revered of Dutch masters — the first unknown Rembrandt to come […]

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As a ‘No Deal’ Brexit Looms, the Art World Prepares for the Fallout

LONDON — Roads gridlocked with trucks. Empty supermarket shelves. An economy thrown into paralysis. The images seem extreme, but as the possibility looms that Britain might leave the European Union on March 29 without an agreement, businesses are preparing for the worst. The art trade is one of them. Dealers, auctioneers, artists and their supporting […]

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Going, Going, Gone: Explaining Auction Houses’ Executive Exodus

It’s been a memorable year in the art world, not for what happened, but for who left. On Monday, Christie’s announced that Loic Gouzer, its innovative co-chairman of postwar and contemporary art in New York, would be leaving the auction house by the end of the year. Mr. Gouzer said in a statement that he […]

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How Old Master Sales Are Like the Tortoise and the Hare

LONDON — It was fun while it lasted. The memories of Beyoncé, Victoria Beckham and others displaying a fascination over the summer with European old masters have faded. Auctions of such works have once again reverted to traditional type. At least, that was the impression in London this week when Sotheby’s and Christie’s held their […]

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Grace Notes: Einstein’s ‘God Letter,’ a Viral Missive From 1954

If it were written now as a series of tweets, they would surely go viral. Think of it: One of the most famous people in the world is panning religion. “The word God is for me nothing but the expression of and product of human weaknesses, the Bible a collection of venerable but still rather […]

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An Awkward Moment for the Russian Art Market

LONDON — The spending power of wealthy Russians has been one of the elements that have given the 21st-century art market an air of excess. In 2008, for instance, Roman A. Abramovich, one of a new breed of Russian mega-collectors, spent $86.3 million on a Francis Bacon painting and $33.6 million more on one by […]

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The Machine That Drives the Auction World

The multimillion-dollar churn of top-end art auctions sometimes seems as predictable as a washing machine: Each load has its differences, but they can be difficult to discern when the cycle remains the same. Last week in New York, Christie’s, Sotheby’s and Phillips made a combined $2.1 billion from their twice-yearly auctions of Impressionist, modern and […]

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$90 Million Hockney Smashes Record for a Living Artist Amid Broad Market Shift

A celebrated and enigmatic painting of two men and a turquoise pool by David Hockney sold at Christie’s on Thursday night for $90.3 million with fees, shattering the auction record for a living artist and cementing a major broadening of tastes at the turbocharged top end of the market. The price for the 1972 painting, […]

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Hopper Painting Sells for Record $91.9 Million at Christie’s

He is America’s most celebrated painter of the solitary realities of 20th century life. But Tuesday night at Christie’s, Edward Hopper joined the unreality of today’s art market when his 1929 painting “Chop Suey” sold for $91.9 million, with fees, an auction high for the artist. The previous high for Hopper had been $40.5 million […]

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