Art Market Monitor

Global Coverage ~ Unique Analysis

Christie’s American Art = $36.7m

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Christie’s American Art sale made a very solid show last night:

Christie’s American Art auction totaled $36,728,000 and was 75% sold by lot and 83% sold by value. The top lot of the sale was Newell Convers Wyeth’s“Hands Up!”which set a world auction record for the artist and sold for $4,951,500 against a pre-sale estimate of $1.5 – 2.5 million.

Below, Christie’s made an array of the artist records it achieved last night:Continue Reading

Avery's Ascent

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The term “blue chip” connotes a different price level in American art than it does in a more expensive category like Impressionist and Modern art.

Between 2005 and 2009 only two works exceeded $10 million at American sales. Yet the category still has its obvious stalwarts, and the most recent addition to their ranks is Milton Avery.[private_subscriber][private_bundle]

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