July 13, 2006 |
Christie's International announced Wednesday that it has launched a multimedia program that will allow online clients to participate at live salesroom auctions in real time. "Christie's Live means that collectors and enthusiasts around the world will be able to enjoy the look, sound and feel of Christie's auctions from their personal computer," the auction house said in a statement.
October 25, 2005 |
With an eye to cashing in on mainland China's growing art market, the New York auction house Christie's is partnering with a newly formed Beijing auction house called Forever to hold its first auction in Beijing. The auction, to take place Nov. 3 at Beijing's Great Wall Sheraton Hotel, will consist of 473 lots of modern and contemporary Chinese paintings and is expected to bring in about $10 million, a Christie's spokeswoman confirmed Monday.
September 25, 2005 |
It is a good time to be Ed Dolman. The chief executive of Christie's, the 240-year-old auction house, is riding the upsurge in the art market for all it is worth. The boom in postwar and contemporary art has given Christie's a record first half in sales and a good chance of beating its archrival, Sotheby's, for the full year. Dolman has sought to capitalize on the upturn in contemporary and Asian art by modernizing Christie's London rooms and opening new offices in the Middle and Far East.
HOME & GARDEN
December 16, 2004 |
It is not enough to say, as everyone will, that the Badminton Cabinet auctioned in London last week for $36.7 million is the most expensive piece of furniture ever sold. The 18th century Florentine ebony chest, inlaid with hard and semiprecious stones, was never about function. The piece was commissioned in an era when exquisite decorative objects signified wealth and power, just as paintings and sculptures have since.
December 7, 2004 |
Christie's International, the second-largest auction house by sales, will increase the commission it charges buyers of art to 20% starting Jan. 1, the London-based company said. Christie's currently charges buyers 19.5% on the first $135,929 of an artwork's value in London and 19.5% of the first $100,000 in New York, taking 12% on the rest. The 0.5% increase will bring its rates into line with those of rival Sotheby's Holdings Inc., the No. 1 auction house.
November 12, 2004 |
The boom in the contemporary art market continued Wednesday night at Christie's New York in a $92.4-million sale that sparked fierce competition and set records for 10 artists. Pop artist Andy Warhol's 1963 painting "Mustard Race Riot" brought the top price, $15.1 million, but more recently made pieces by relative newcomers also found eager buyers.