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Takashi Murakami Watches From the Wings at Sotheby's

Takashi Murakami, My Lonesome Cowboy Courtesy of Sotheby's Of the many happy campers at the record-demolishing (and economy-confounding) Sotheby's auction last night, Takashi Murakami may have been the happiest. Drawing stares from art-world veterans — one told us she'd never seen an artist show up to watch his own work on the block — the Japanese Pop maestro sat in the back of the room...

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$86 million for a Bacon triptych leads record sales at Sotheby's

Six world auction records were set at Sotheby's. They included works by Takashi Murakami, Yves Klein, Piero Manzoni, Robert Rauschenberg, Tom Wesselmann and Francis Bacon.

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“DUMPSTER” PAINTING FROM COLORADO SELLS AT SOTHEBY'S FOR $103,000

While digging through a neighborhood dumpster in Boulder, Colorado, a decade ago, Tammy Bullock found an oil painting “that just looked interesting.” She didn't know it at the time, but the ... read more

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Sotheby's shares jump as Bacon artwork sells for record price

BANGALORE (Reuters) - Shares of global auction house Sotheby's rose more than 9 percent Thursday, a day after a Francis Bacon painting was snapped up for a record-breaking $86 million at its New York post-war art auction, soothing concerns about a slowdown in the art market.

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Bacon Triptych Auctioned for Record $86 Million

Bacon Triptych Auctioned for Record $86 Million By CAROL VOGEL A 1976 triptych by Francis Bacon brought $86.3 million on Wednesday night at Sotheby's, becoming the most expensive work of contemporary art ever sold at auction and a retort to doomsayers who had predicted that the art market would falter seriously this season because of broad economic anxieties. “Recession? What recession'” Barbara...

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got $15 million? buy the ultimate anime figure!

A Takashi Murakami anime figure (oops! I mean “sculpture”) sold for $15 million today at Sotheby's. Not just any figure, mind you. It's basically one of Goku jacking off with spooge swirling around him. I’m so not kidding. (Obviously) NSFW.

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Rare jewels and luxury watches on sale in Switzerland

Filed under: Accessories , Jewelry Heading to Switzerland soon? Got a few million dollars to spare? Have we got the sale of the century for you! Legendary auction houses Christie's and Sotheby's are holding their spring jewelry sales in Swiss capital city Geneva this week. Although looking at some of these prices, "spending opportunities" would be a better moniker than "sales"... Continue reading...

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'Trossi Leggenda' watch makes auction record at Sotheby's

Beautiful Patek. 'Trossi Leggenda' watch makes auction record at Sotheby's - Telegraph: "A large gold Patek Philippe watch which used to belong to an Italian racing driver was bought for 2.345... [[ This is a content summary only. Visit http://amateureconblog.blogspot.com/ for full links, other content, and more! ]]

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Francis Bacon Piece Makes History

On the most lucrative night in the history of Sotheby's, Francis Bacon's Triptych, 1976 sold for $86.3 million dollars, as reported here by the Telegraph. This breaks all records for any other Bacon work, as well the record price paid for any piece of art made post-WWII; that record was previously held my Mark Rothko’s [...]

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Art: The Last Unburst Bubble

Felix Salmon submits: Christie's sale on Tuesday night was a stunning success , ratifying the ridiculous levels to which contemporary art has soared in recent years. The Sotheby's sale on Wednesday night, by contrast, took the market to a whole new level. Not only isn't this market crashing, it looks very much as though the bubble is still inflating. The big news of the evening was the $86.3...

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Bacon painting sets postwar auction record

NEW YORK (Reuters) - Francis Bacon's “Triptych, 1976″ sold for $86 million at Sotheby's contemporary sale on Wednesday, setting a record for postwar art and contributing to the auction house’s best result in its nearly 300-year history. Share This

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Millions in jewels on auction Thursday night in Geneva

Geneva, Switzerland (GenevaLunch) - Millions of francs worth of fine jewels will be auctioned by Sotheby's in Geneva Thursday night...

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Contemporary Art Record Shattered Again

"A 1976 triptych by Francis Bacon brought $86.3 million on Wednesday night at Sotheby's, becoming the most expensive work of contemporary art ever sold at auction and a retort to doomsayers who had predicted that the art market would falter seriously this season because of broad economic anxieties."...

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Today in NY: Mets' base-stroll, Christine Ebersole

It is Thursday, May 15 and here are a few items on today's agenda: Auction: Contemporary Art at Sotheby's Mets vs. Washington Nationals at 1:10 p.m. (tickets from $2.50) Post-Mets Senior stroll night, allows people over 60 to take a...

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Art Auctions Blow Away Estimates

SUCCES OF CONTEMPORARY SALES SEND BID HIGHER Recession? What's all this palaver about a recession, anyway? There certainly wasn't any evidence of economic distress in the art auctions conducted in New York this week. And shares of Sotheby's (BID) are behaving as though investors regret the concerns they expressed since late winter. Sotheby's, which traded down [...]