Auctions and Appraisals Archives

The Valmadonna Trust Library

Join Sotheby's experts and Jack Lunzer, custodian of the Valmadonna Trust Library, for an intimate tour of this fabled collection of Hebrew books and manuscripts.

Video Here

Highly recommended.

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Posted April 11, 2009 02:47 PM  ·  Permalink   ·  Auctions and Appraisals   ·  Comments (0)   ·  TrackBack (0)


Furniture Fit for Royalty, Nov. 15-19, 2008, at Christie's

Something free to do in Manhattan, in the Rockefeller Centre area before the Thanksgiving week-end ... free, no tickets required .... beautifully displayed objects of art, most polite and helpfull stuff ... nice tiolets ...

Furniture Fit for Royalty: Important European Furniture, Ceramics, and Carpets, at Christie's, 10 am - 5 pm, November 15-19, 2008

Christie's, 20 Rockefeller Plaza, 212-636-2000

Please note that links to auction items usually stop working within 30 days after the auction concludes ...
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Posted October 28, 2008 04:57 PM  ·  Permalink   ·  Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

A great exhibition of Impressionist and Modern paintings at Sotheby's

Something nice to do in New York on the first week-end in November ... walk to 72nd Street and York Avenue, free and no tickets required.

A great exhibition of Impressionist and Modern paintings, beautifully displayed, and nice toilets. The space makes me feel that I am in some SOHO or Chelsea art gallery but I am in the Upper East Side

Impressionist & Modern Art Evening Sale, Sotheby's, 10 am - 5 pm, October 29 - November 2, 2008, Sotheby's New York, 1334 York Avenue, at 72nd Street, 212-606-7000

There is a branch of Dean and DeLuca on the 10th floor with a lovely out-door terrace to enjoy a cup of coffee ... or Matsu Sushi, 411 East 70th Street, New York, 212-744-5454. ....the best values are at lunch from their "lunch specials" from 11am - 4 pm ... the sushi rice at Matsu Sushi is a stand-out ... with the correct amount of rice wine blended into the sushi rice to give a nice sour and sweet taste, a very tasty sushi. Also they do not serve a huge piece of fish, just a nice size piece ... and at the right temperature, i.e., luke warm and not ice cold ... very close to Sotheby's, the Tri-Institutional Friday Noon concerts at Rockefeller University  and the numerous hospitals in that area...

Speaking about lunch in this neighborhood, I must recommend the ILLY cafe at the Food Emporium on 69th Street & Third Avenue, very good Italian ILLY coffee, great sandwiches for $6.99, especially the mozzarella and prosciutto, numerous hot soups and $5.99 salad buffet ... moreover, a whole roasted D'Artagnan chicken to go for $10.99, etc...


Posted October 26, 2008 12:17 PM  ·  Permalink   ·  Auctions and Appraisals , Notes to a Friend , Upper East Side   ·  Comments (0)   ·  TrackBacks (0)

Why auction houses like to hire museum people

Which brings us to the main reason that auction houses find museum people so attractive: They know where the bodies are buried. In the course of their work they learn who has what important works of art because that's how they organize their exhibitions. They spend hundreds of hours tracking down objects--some famous, some obscure--and visiting their owners in hopes of borrowing them. In the course of such visits, they might well come upon other works of art that the collector owns.

Auction houses rely on a steady stream of loot to stay in business, so they badly need this insider information. It's especially valuable given the surprisingly large number of A-list works of art still in private hands. A collector is far more likely to be persuaded to part with his treasures by an ex-museum director with whom he probably already has a relationship than by a cold-calling "expert" from Sotheby's or Christie's.

This trend, although a rainmaking boon for the auction houses, might in the long run wind up making life more difficult for museums. The loan exhibition--the big draw for most art museums--is already hard to bring off, given increasing red tape, high insurance costs and fears of terrorism. And it may become a near-impossible task if collectors start to think that the museum director pleading with them to lend a masterpiece today will be an auctioneer badgering them to sell it tomorrow.

"Museums Meet Auction Houses: The wall between art-world realms is going, going . . ." by Eric Gibson, The Wall Street Journal, August 17, 2007



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Posted August 19, 2007 11:07 AM  ·  Permalink   ·  Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

The Art Market will be bullish until 2008

The Art Market will be bullish until 2008

On consecutive evenings last week auction records tumbled as Christie's and then Sotheby's hosted their summer sales of Contemporary Art.

Art Market Review, Contemporary Art, Sotheby's, June 2007

Anticipated in the press as the most successful sales to take place in London, June's Impressionist and Modern Art auctions at Sotheby's and Christie's spectacularly lived up to their billing. While New York remains the centre of the market--as evidenced by the extraordinary totals achieved there last May--London is fast gaining on its New World rival and the buoyancy of the market has meant collectors are offering for sale works of outstanding quality by artists such as Monet, Matisse, Renoir, Rodin and Picasso.

Art Market Review, Impressionist and Modern Art, Sotheby's, June 2007

Post by Peter

Posted July 1, 2007 12:57 PM  ·  Permalink   ·  Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Provenance

After retiring from truck driving in 1987, Teri Horton devoted much of her time to bargain hunting around the Los Angeles area. Sometimes the bargains were discovered on Salvation Army shelves and sometimes, she willingly admits, at the bottom of Dumpsters.

Even the most stubborn deal scrounger probably would have been satisfied with the rate of return recently offered to her for a curiosity she snagged for $5 in a San Bernardino thrift shop in the early 1990s. A buyer, said to be from Saudi Arabia, was willing to pay $9 million for it, just under an 180 million percent increase on her original investment. Ms. Horton, a sandpaper-voiced woman with a hard-shell perm who lives in a mobile home in Costa Mesa and depends on her Social Security checks, turned him down without a second thought.

Ms. Horton’s find is not exactly the kind that gets pulled from a steamer trunk on the “Antiques Roadshow.” It is a dinner-table-size painting, crosshatched in the unmistakable drippy, streaky, swirly style that made Jackson Pollock one of the most famous artists of the last century. Ms. Horton had never heard of Pollock before buying the painting, but when an art teacher saw it and told her that it might be his work (and that it could fetch untold millions if it were), she launched herself on a single-minded post-retirement career — enlisting, along the way, a forensic expert and a once-powerful art dealer — to have her painting acknowledged as authentic by scholars and the art market.

"Could Be a Pollock; Must Be a Yarn," by Randy Kennedy, The New York Times, November 9, 2006

Where is the provenance???

"Provenance" is a list of the previous owners of a work of art, tracing it from its present location and owner back to the hand of the artist. Provenance has many uses: It can help to determine the authenticity of a work, to establish the historical importance of a work by suggesting other artists who might have seen and been influenced by it, and to determine the legitimacy of current ownership.

Provenance Research, Harvard University Art Museums

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Posted November 12, 2006 09:57 AM  ·  Permalink   ·  Appraisals , Art , Auctions and Appraisals , Libraries and Research , Museums , Museums and Art , Research   ·  Comments (0)   ·  TrackBacks (0)

What is it worth? - The Appraisal Business

The last few lines of an article in the NYT explains very well the appraisal business, which tries to answer the question, "What is it worth?" ...

For Michael Ochs, sharing his collection of rock 'n' roll photographs with the occasional stranger is his passion, but sharing it with millions is his life. Over the last 30 years the Michael Ochs Archives has grown to become the premier source of musician photography in the world, every day licensing shots of hayseeds and headbangers to illustrate books (about half of recent rock 'n' roll books have included photos from the collection), dress up documentaries (like Martin Scorsese's recent PBS feature on Bob Dylan) and otherwise adorn television programs and feature films (in "Ray," session sets were based on images from the Ochs Archives).
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With tips from industry friends, he would save troves of photographs from labels going under, occasionally rushing to empty file cabinets before the wrecking balls arrived. (Once, when he arrived too late, he researched which garbage trucks went to which city dump.) As Mr. Ochs became more prominent in the field, music insiders made sure extra material would be sent his way. Similarly, several retired and aging photographers, rather than throwing the material out, turned to Mr. Ochs to give their work a proper, permanent home.

"They Had Faces Then: An Archive Keeps Stars Ever Young," by Alan Schwarz, The New York Times, May 28, 2006

Post by Peter

Posted May 30, 2006 09:17 AM  ·  Permalink   ·  Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Impressionist & Modern Art - Christie's

Exhibition of Impressionist paintings at Christie's, Rockefeller Centre, New York, tomorrow, 10:00 am - 12 noon ... worth a detour ...

Exhibition:

Sale, No. 1655, May 2, 2006, 7:00 pm

Christie's, 20 Rockefeller Plaza, 212-636-2000

Please note that links to auction items usually stop working within 30 days after the auction concludes ...
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Posted May 1, 2006 04:44 PM  ·  Permalink   ·  Art , Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Photographs - at Christie's

Exhibition of photographs at Christie's, Rockefeller Centre, New York, this week-end ... worth a detour ...

Photographs by Ansel Adams, Helmut Newton, Edward Curtis, Henri Cartier-Bresson, Peter Beard, Irving Penn, Marion Post Wolcott, and others ...

Exhibition:

Sale, No. 1625, February 14, 2006, 10:00 am & 2:00 pm

Christie's, 20 Rockefeller Plaza, 212-636-2000

Please note that links to auction items usually stop working within 30 days after the auction concludes ...
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Posted February 11, 2006 08:07 PM  ·  Permalink   ·  Auctions , Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Important Old Master Paintings - at Sotheby's

Important Old Master Paintings, Auction Sale N08162, January 26-27, 2006, New York

Sotheby's New York, 1334 York Avenue, at 72nd Street, 212-606-7000

Posted January 26, 2006 10:47 AM  ·  Permalink   ·  Auctions , Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Buyer beware ... the Art Market is hot and crazy

Buyer beware ... the Art Market is hot and crazy ... Happy Winter and Good Tidings ...

Artprice.com, a French company that tracks world auction results, figures overall prices in New York and London topped their mid-1990 peak for the first time this year -- by 33% and 19%, respectively. Meanwhile, Chinese art often soared to four or five times pre-auction estimates at recent Sotheby's and Christie's Hong Kong sales. Indian and Russian works are seeing similar gains.

"The Art Of Buying Art: Today's market looks awfully inflated. Tread carefully," Business Week, December 26, 2005

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Post by Peter

Posted December 21, 2005 12:17 PM  ·  Permalink   ·  Auctions , Auctions and Appraisals , Museums and Art   ·  Comments (0)   ·  TrackBacks (0)

Put your money where your mouth is

Long Bets is a web site where you can bet money on your own or others predictions. All winnings are donated to a charity of the winner's choice. This page describes how to make a bet.

Here are some of the predictions on Long Bets.

Posted October 27, 2005 08:52 AM  ·  Permalink   ·  Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Impressionist Art and Good Chinese Food ... This Weekend

This week-end at Rockefeller Plaza, free to the public ... a very great show of Impressionist paintings from the Masters ... Saturday, October 29, 2005, 10:00 am - 5:00 pm and Sunday, October 30, 2005, 1:00 - 5:00 pm ... next door to Wu-Liang-Ye ... yummy dan-dan mein, ma-po tofu, etc.

"Impressionist & Modern Art - at Christie's," A Guy In New York, October 19, 2005

Wu Liang Ye, 215 East 86th Street, 212-534-6032

Posted October 26, 2005 12:53 PM  ·  Permalink   ·  Art , Auctions and Appraisals , Chinese , The Best   ·  Comments (0)   ·  TrackBacks (0)

Impressionist & Modern Art - at Christie's

Calling all art lovers ... Clear your calender for this wonderful exhibition! ... "Impressionist & Modern Art (Evening Sale)" auction, November 1, 2005, 7:00 pm ... open for viewing October 28-November 1, 2005 ... at Christie's Rockefeller Plaza location ...

Henri Matisse (1869-1954), Les marguerites, 1919

Christie's, 20 Rockefeller Plaza, 212-636-2000

Please note that links to auction items usually stop working within 30 days after the auction concludes ...
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Posted October 19, 2005 10:17 PM  ·  Permalink   ·  Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Property from a Sutton Square Residence - at Christie's

Here are some of the items from the "Property from a Sutton Square Residence" auction, October 18, 2005, 10:00 am ... open for viewing October 13-17, 2005 ... at Christie's Rockefeller Plaza location ...

Christie's, 20 Rockefeller Plaza, 212-636-2000

Please note that links to auction items usually stop working within 30 days after the auction concludes ...

Posted October 13, 2005 08:45 AM  ·  Permalink   ·  Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Property from the Estate of Laurance S. Rockefeller - from Sotheby's

Property from the Estate of Laurance S. Rockefeller, Auction Sale N08152, October 11-12, 2005, New York

Exhibition starts Wednesday, Ocober 5, 2005.

Sotheby's New York, 1334 York Avenue, at 72nd Street, 212-606-7000

Posted October 2, 2005 12:28 PM  ·  Permalink   ·  Auctions , Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Fine Musical Instruments at Christie's

Fine Musical Instruments auction, October 14, 2005, at Christie's Rockefeller Plaza location ...

Christie's, 20 Rockefeller Plaza, 212-636-2000

Please note that links to auction items usually stop working within 30 days after the auction concludes ...
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Posted September 28, 2005 04:04 PM  ·  Permalink   ·  Auctions , Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Old Master Paintings - at Christie's

Here are some paintings from the "Old Master Paintings" auction, September 30, 2005, 10:00 am ... open for viewing September 24 through September 29, 2005 ... at Christie's Rockefeller Plaza location ...

Christie's, 20 Rockefeller Plaza, 212-636-2000

Please note that links to auction items usually stop working within 30 days after the auction concludes ...

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Posted September 22, 2005 04:08 PM  ·  Permalink   ·  Auctions , Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

The Work of Al Hirschfeld - Auction, September 22, 2005

Swann Galleries is having an auction of Al Hirschfeld drawings ... exhibition starting tomorrow, September 17, 2005 ...

The September 22 auction of The Work of Al Hirschfeld offers some 200 lots. Among the approximately 25 original drawings are portraits of Bob Hope, George Burns, Pearl Bailey, Alistair Cooke, Paul Muni, and Henry Fonda. There are also drawings for the New York Times of Desperate Hours, a 1955 play that featured a young Paul Newman; Awake & Sing, which starred John Garfield; and prints of more contemporary subjects such as the cast of Seinfeld.

Date: September 22, 2005, 2:30 pm
Exhibition: Saturday, September 17, 10-4; Monday, September 19 through Wednesday, September 21, 10-6; and Thursday, September 22, 10-noon

104 East 25th Street, between Park Avenue South and Lexington Avenue, 212-254-4710
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Posted September 16, 2005 06:18 PM  ·  Permalink   ·  Auctions , Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Paintings at Christie's ... Guy Wiggins

Here are some paintings we like by Guy Carleton Wiggins at the Fine American Paintings, Drawings and Sculpture auction, September 15, 2005, at Christie's Rockefeller Plaza location ...

The grandson of the painter is a friend of ours ...

Christie's, 20 Rockefeller Plaza, 212-636-2000

Please note that links to auction items usually stop working within 30 days after the auction concludes ...

Posted September 14, 2005 02:31 PM  ·  Permalink   ·  Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Upcoming Sotheby's sales

Some interesting upcoming sales at Sotheby's ...

Posted September 13, 2005 06:55 PM  ·  Permalink   ·  Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

"'Art Funds' Starved for Investors" - WSJ

Today's Wall Street Journal had an article discussing funds set up to invest in art ... the lede: "Art prices are dazzling collectors these days, but the market for investment funds that buy and sell art is looking gloomier than El Greco's 'View of Toledo.'" ... "'Art Funds' Starved for Investors," by Marcus Baram, page C1, August 22, 2005 (subscription required) ... according to the article, the only fund performing well is the Fine Art Fund, based in London ... whose CEO is a former executive of Christie's, Philip Hoffman ...

We wrote about Art as an Investment in July

Posted August 22, 2005 09:23 PM  ·  Permalink   ·  Art , Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)

Christie's summer House Sale

Christies is having The House Sale August 9-10, 2005 ... no reserve (means that there is no minimum bid price, i.e., you can find bargains if there are no other bidders) ... located at 49th Street and Rockefeller Centre (btwn 5th Ave. and Avenue of the Americas/6th Ave.) ... no charge for looking and browsing ... a very wonderful way to spend some time browsing in a very civilised enviroment ...

Wu Liang Ye is around the corner on 48th Street for lunch or dinner (36 West 48th) ... Le Maison du Chocolat is across the street (30 Rockefeller Center) ...

Wu Liang Ye

Subway interactive map | schedules | HopStop: B, D, F, V train to Rockefeller Center, 6 train to 51st and Lexington, 1 or 9 train to 50th and Broadway

Posted August 2, 2005 10:12 AM  ·  Permalink   ·  Appraisals , Auctions , Auctions and Appraisals , Mid-Town , Sights & Sounds , Tips   ·  Comments (0)   ·  TrackBacks (0)

Art as an investment

I have heard about efforts to index the art market for old masters ... and create financial instruments for portfolio diversifying ... the huge problem is the high transaction cost and not a very liquid instrument to trade transparently ... too many fakes to worry about, too ... A posibility in this context, create a portfolio of Modern and Contemporary prints, multiples, posters, lithographs, etc. ...

Also see:

Posted July 21, 2005 05:32 PM  ·  Permalink   ·  Art , Auctions and Appraisals   ·  Comments (0)   ·  TrackBacks (0)