Christies

Van Gogh Painting Kicks Off Spring Auctions in NYC with $66.3M Sale Price

Sotheby’s kicked off the Spring art auctions with the sale of a Van Gogh painting for $66.3 million, the highest price paid for a work by the Dutch artist since 1998, the auction house said. Claude Monet’s water lilies also sold for $54 million. The Impressionist and modern art sale Tuesday, saw Van Gogh’s “L’allée Des Alyscamps” go to a private collector in Asia after heated bidding with at least five other collectors. Van Gogh’s works have always been among the most collectible among Impressionist artists. ...

Joan Fontaine ‘Suspicion’ Oscar Auction Stymied by Academy

Joan Fontaine’s historic best actress Oscar for her role in Alfred Hitchcock’s classic “Suspicion,” won’t got to the auction block, because of a threatened lawsuit by the Academy of Motion Picture Arts and Sciences. Fontaine, who died a year ago at age 96, specified in her will that her Oscar should be sold to raise funds for the Monterey, California SPCA. It was expected to fetch as much as $300,000, according to an estimate by Christie’s, which was handling the sale....

Has Art World Recession Ended? Christie’s Sale Will Tell

The art world is seeing a sudden resurgence in collecting with auctions generating stunning sale prices as investors move off the side lines and into the action. The real estate crash and the shaky stock market have no doubt been major contributors to the trend, narrowing investment options that provide a hedge against inflation....