Art Market Monitor

Global Coverage ~ Unique Analysis

  • AMMpro
  • AMM Fantasy Collecting Game
  • Podcast
  • Contact Us

Hot or Not? Christie's Auction Confuses

February 17, 2011 by Marion Maneker

Scott Reyburn answers the question: what happened in London last night?
  • “It’s a hard market to read,” London dealer Simon Lee said. “One minute an artist is hot, the next not. The mini- cycles turn quickly. Gerhard Richter remains strong, though.”
  • “More wealthy people are diversifying their assets and putting 5 percent into art,” the Montreal-based collector Francois Odermatt said. “A lot more of them are buying for their own private museums. There’s now a market for big works.”

Gagosian Buys Warhol Self Portrait for $17.4 Million at Christie’s London (Bloomberg)

More from Art Market Monitor

  • Christie's Sponsors Prints Fair During FriezeChristie's Sponsors Prints Fair During Frieze
  • What’s Valuable in the Marketplace?What’s Valuable in the Marketplace?
  • New Zealand Has Strong Auction SeasonNew Zealand Has Strong Auction Season
  • The Other Court Case That Reveals A Lot About the Art WorldThe Other Court Case That Reveals A Lot About the Art World
  • The Lehman and Neuberger Berman CollectionsThe Lehman and Neuberger Berman Collections
  • Native SpeakerNative Speaker

Filed Under: Auction Results

About Marion Maneker

LiveArt

Want to get Art Market Monitor‘s posts sent to you in our email? Sign up below by clicking on the Subscribe button.

  • About Us/ Contact
  • Podcast
  • AMMpro
  • Newsletter
  • FAQ

twitterfacebooksoundcloud
Privacy Policy
Terms & Conditions
California Privacy Rights
Do Not Sell My Personal Information
Advertise on Art Market Monitor