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November 23, 2008 3:10:57 AM CST

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4 Stories

 Monet Sells for Record $80.4M 

Rare waterlily work attracts high bidders at Christie's

New York Times New York Times Jun 24, 08 9:30 PM CDT
(Newser) - One of Monet’s rare waterlily paintings sold at Christie’s in London tonight for more than $80 million, a record price for the artist, the New York Times reports. At least six buyers competed for Le Bassin aux Nympheas , a 1919 work from a series of paintings considered among Monet’s most important. An anonymous buyer won the painting with a high bid of $80.4 million. More »

More about:  auction • art auction • Christie's • impressionist art • Claude Monet • bid

 Monet Sells for Record $41M 

Painting fetches tidy sum at Christie's

New York Times New York Times May 6, 08 10:05 PM CDT
(Newser) - A Monet painting sold at Christie’s tonight for $41.4 million, a record price for the artist, the New York Times reports. Three bidders competed for the 1873 impressionist painting “The Railroad Bridge at Argenteuil,” which Christie’s estimated would go for $35 million. The high bid of $37 million pushed the final price, which includes auction house commissions, above $40 million, providing further evidence that the economic downturn has yet to dent the art world. More »

More about:  auction • art auction • Christie's • impressionist art • Claude Monet • bid

 Art Auction Houses
 Predict 25% Bump 

Sotheby's and Christie's prepare for booming auction season—they hope

Financial Times (UK) Financial Times (UK) May 5, 08 9:30 AM CDT
(Newser) - The New York art auction season begins today, and Sotheby’s and Christie’s say they believe the art market’s 5-year boom will continue, forecasting $1.8 billion in sales, reports the Financial Times. The prediction of a 25% boost over last year flies in the face of financial-market lassitude and nervousness among collectors and dealers. Prices jumped 18% in 2007. More »

More about:  art market • Sotheby's • art auction • Christie's • impressionist art

Contemporary Art Scores for Auction Houses

Sales swelled 36% in 2007; some fear houses too invested in the new

Bloomberg Bloomberg Dec 27, 07 11:39 AM CST
(Newser) - Contemporary art has been very good to Sotheby’s, fueling a 46% boost in sales for the world’s second-largest auctioneer this year over last, Bloomberg says. A crop of new collectors from the US, Russia and Asia brought new records for artists like Francis Bacon and Jeff Koons, for a total take of $5.33 billion. But some dealers fear the craze could be headed for a crash. More »

More about:  subprime mortgages • London • Sotheby's • art auction • Christie's • contemporary art • Vincent Van Gogh • Francis Bacon • impressionist art

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