Christie’s International Real Estate Hosts First-Ever Top Agents Conference in Scottsdale, Arizona

123The attendees were made up of the 140 most successful real estate professionals in the network. Criteria for participation in the conference required that each attendee be among the top 10% of sales for their Affiliate. The training sessions and seminars were led by top industry experts and senior executives of Christie’s and Christie’s International Real Estate. They included the history of art and its relation to the sale of luxury real estate; how to position a listing globally to attract buyers; ways to negotiate the sale of real estate in a global context; and how to take advantage of state-of-the-art global marketing techniques.

Fuente: Christies.com

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Bill Gates’ Fiji Honeymoon Property Goes to Auction

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By: Allie Early

The honeymoon destination of Bill Gates and wife Melinda will be auctioned to the highest bidder starting on February 7th. Lawedua has been a destination for Jim Carrey, Celine Dion and Michelle Pfeiffer among others, and it offers gorgeous views of the Koro Sea. Concierge Auctions of New York will host the sale of this very exclusive private estate.

The property boasts access to a private white sand beach and proximity to the Wakaya Club and Spa, the perfect pick for those who love Five-Star dining. Lawedua will be auctioned in two parcels (one currently listed for $12.99M and the other for $6.99M) but can potentially be purchased as a pair.

fuente: hauteresidence.com

POST-WAR AND CONTEMPORARY ART EVENING SALE ACHIEVES $691,583,000, THE HIGHEST TOTAL IN AUCTION HISTORY

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$691,583,000: HIGHEST AUCTION TOTAL IN ART MARKET HISTORY

$142.4M FOR FRANCIS BACON TRIPTYCH: MOST VALUABLE WORK OF ART EVER SOLD AT AUCTION

$58.4M FOR JEFF KOONS’S BALLOON DOG: MOST VALUABLE WORK SOLD AT AUCTION BY A LIVING ARTIST

On November 12th Christie’s Post-War and Contemporary Art evening sale achieved $691,583,000 (£435,697,000 / €511,771,420), the highest total for an auction sale in art market history, with a strong sell-through rate of 98% by value and 91% by lot. Bidders from 42 countries competed for an unprecedented offering of masterworks from all the major art movements of the last six decades. Bidders vied for works by some of the century’s most inspiring and influential artists: Francis Bacon, Andy Warhol, Donald Judd, Lucio Fontana, Jackson Pollock, Mark Rothko, Jeff Koons, Christopher Wool, Roy Lichtenstein and Jean-Michel Basquiat. Top quality and important provenance were highly prized by collectors including works from the collections of Peter Brant, Senator Frank Lautenberg, Robert A.M. Stern, Eric Clapton and the Daimler Art Collection in Berlin. The sale established 10 new world auction records, selling 11 lots for over $20 million, 3 works for over $50 million, 16 for over $10 million and 56 for over $1 million.

“We are thrilled to announce an historic total of $691.6 million for this evening’s sale of Post-War and Contemporary Art. It is the second time this year that Christie’s has broken the highest total in auction history,” said Brett Gorvy, Chairman and International Head of Post-War and Contemporary Art. “Collectors from 42 countries registered tonight with strong bidding from American, European and Asian collectors but also from institutions. The sale was heavily focused on icons and masterworks, achieving an astonishing 10 record prices and breaking the record for any work of art ever sold at auction. Beyond the records, 10,000 art lovers flocked to Christie’s galleries in the last week to engage with and enjoy the remarkable selection of artworks on display.”

Christie’s Post-War and Contemporary Art Morning and Afternoon Sessions continue on November 13. Bidding remains open for Online: Post-War and Contemporary Art through November 19.

Fuente: christies.com

Christie’s Inaugural Auction in Mainland China Achieves US$25M

Christie’s first to sell Picasso at auction in mainland China Records broken for Singaporean art 98% sold by lot, 96% sold by value Cai Guo-Qiang work Homeland to raise funds for new Museum sells for RMB 15 million.

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SHANGHAI – Christie’s has successfully completed its first auction in mainland China. After three days of gala events, exhibitions, forums and private sales, culminating in the auction, Christie’s achieved total sales of RMB 154 million (USD$25 million), exceeding initial estimates.

Auction Scene_JadeSeveral historic firsts were achieved and records broken, with today marking the first time a Picasso has been sold at auction in mainland China. Illustrating the increasing prominence of Asian art, a new auction record was set for Singaporean artist Cheong Soo Pieng with his work By The River II achieving RMB4,110,000 (USD$678,326). This also marked a record for Singaporean art sold by an international auction house in mainland China. Masriadi’s Fatman achieved the highest price ever paid for a similar sized work of the artist at RMB 4,590,000 (USD$757,547). This is also the third highest price ever paid at auction for the artist’s work. In aid of his charity, the Quanzhou Contemporary Art Foundation, Cai Guo-Qiang’s work Homeland was sold for RMB 15 million (USD$2,439,024).

More than two thirds of the buyers at the inaugural auction in Shanghai were based in mainland China with the rest coming from elsewhere in Asia, the US and Europe, reflecting the true global nature of the art market.

“It has been a true privilege to be in Shanghai where we have been honoured by the warm welcome. The response to our sale and events has been extraordinary,” said Steven Murphy, Chief Executive Officer, Christie’s. “Bringing international art, including Picasso, to mainland China for the first time is the realization of a long held dream for Christie’s. We are delighted to have welcomed several thousand members of the public and clients over the course of our three day gala of exhibitions, forums and lectures, all of which attracted attention from all over the world. Our mission remains to serve our clients with exceptional works of art and to serve artists and all those passionate about art by convening them with our global network. We hope to continue to share the vibrant creativity we have experienced in Shanghai with a global audience as we grow our operations in mainland China.”

“Our first auction in Shanghai has illustrated how much demand and appreciation there is for art across categories. A red ruby necklace achieved the highest sales figure at RMB 18 million (USD$3,405,285) and records were broken for Singaporean art,” said François Curiel, President of Christie’s Asia. “We saw bidders participate from all over the world with online and telephone bidders joining the nearly 1,000 clients in the room tonight. This is an extraordinary start for Christie’s in mainland China and indicates there will be exciting times ahead for the industry as a whole and art enthusiasts everywhere.”

“Christie’s inaugural auction in Shanghai has been an unforgettable milestone in our 247 year history,” said Jinqing Cai, Managing Director of Christie’s China. “I am incredibly proud of the results we have achieved in Shanghai and honoured by the support we have received. I was particularly moved by the success of Cai Guo-Qiang’s work created yesterday in a memorable and emotional explosion. We look forward to continuing to build on the positive momentum we have felt this week. Artists, art lovers, art institutions and those involved in art commerce all joined in hand in hand to make the event a historic success.”

Fuente: http://www.christies.com

Christie’s Post-War and Contemporary Art evening sale: THE HIGHEST TOTAL IN AUCTION HISTORY

Christie’s auctioneer Jussi Pylkkanen, hammers down Jackson Pollock’s, Number 19, 1948, which achieved the highest price for the artist at US$58.3 million

Christie’s auctioneer Jussi Pylkkanen, hammers down Jackson Pollock’s, Number 19, 1948, which achieved the highest price for the artist at US$58.3 million

POST-WAR AND CONTEMPORARY ART EVENING SALE ACHIEVES US$495 MILLION, THE HIGHEST TOTAL IN AUCTION HISTORY

The auction set 16 new artist records with three works achieving above US$40M, nine above US$10M and 59 above US$1M
New York – On May 15, Christie’s Post-War and Contemporary Art evening sale achieved a staggering US$495.021.500, with a remarkably strong sell-through rate of 94 percent by value and by lot. Bidders from around the world competed for an exceptional array of Abstract Expressionist, Pop and Contemporary works from some of the century’s most inspiring and influential artists, including Jackson Pollock, Roy Lichtenstein and Jean-Michel Basquiat. The sale featured a range of superlative works from distinguished private collections and institutions, such as the Collection of Celeste and Armand Bartos and the Estate of Andy Williams.

Pollock's "Number 19", 1948

Pollock’s “Number 19”, 1948

The sale established 16 new world auction records, selling nine works for over US$10 million, 23 for over $5 million and 59 for over US$1 million.

“We are thrilled to announce an extraordinary total of $495 million for this evening’s sale of Post-War and Contemporary Art – the

highest total in auction history. The remarkable bidding and record prices set reflect a new era in the art market, wherein seasoned collectors and new bidders compete at the highest level within a global market. Our sale was heavily focused on masterpieces and collections, achieving an astonishing 16 record prices. With Monday’s blockbuster charity sale, The 11th Hour Auction, our sales total exceeds a half a billion, raising $528.3 million,” said Brett Gorvy, Chairman and International Head of Post-War and Contemporary Art.

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