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Sotheby's Art Auctions β’ LONDON π¬π§, by Daniel Silk on Oct 17, 2008 20:04:30 GMT 1, I think this was a bit over valued really 
I think this was a bit over valued really |
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raiden
New Member
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April 2008
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Sotheby's Art Auctions β’ LONDON π¬π§, by raiden on Oct 17, 2008 20:04:41 GMT 1, Yeah, my thoughts exactly. Lazarides was like wtf... my bread winner. I better get out the wallet before this goes into free fall.
Yeah, my thoughts exactly. Lazarides was like wtf... my bread winner. I better get out the wallet before this goes into free fall.
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lee3
New Member
π¨οΈ 832
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November 2009
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Sotheby's Art Auctions β’ LONDON π¬π§, by lee3 on Oct 17, 2008 20:05:28 GMT 1, Warhol's `Skulls' Silkscreen Sells for 4.4 Million Pounds
2008-10-17 18:54:56.100 GMT
By Scott Reyburn and Katya Kazakina
Oct. 17 (Bloomberg) -- An Andy Warhol artwork consisting of 10 silkscreen paintings of skulls sold tonight at Sotheby's in London for a below-estimate 4.4 million pounds ($7.6 million) with fees.
The 6-foot-4-inch-high Warhol, one of 10 works in the auction whose sellers had been guaranteed a minimum price by New York-based Sotheby's, was bought by New York collectors Jose and Alberto Mugrabi. The work had been estimated to fetch 5 million pounds to 7 million pounds.
``Skulls'' had been assembled in 1976 by the Zurich art dealer Thomas Ammann, who conceived the project of a complete catalog of Warhol's works. The seller of the piece had acquired it directly from Ammann, and it had never appeared at auction before, said Sotheby's.
The price is a record for a Warhol skull silkscreen. The previous high was the 1.2 million pounds paid at Christie's International, London, for ``Six Skulls,'' also dated 1976, according to the saleroom result tracker Artnet.
The sale represents the first major test of the art market during the worst financial crisis since the Depression. Dealers said declines in stock markets and economic growth could cut prices of contemporary art before New York auctions in November, especially if Russian buyers who have propped up sales stay away.
A survey of U.K. valuers said the Damien Hirst auction last month might have marked the top of the art market.
Sotheby's said before the sale that it expected to raise at least 30.6 million pounds from 64 lots.
Last October, the equivalent auction at Sotheby's totaled
34.9 million pounds with fees, in line with estimates. On that occasion, 84 percent of the material sold.
Warhol's `Skulls' Silkscreen Sells for 4.4 Million Pounds
2008-10-17 18:54:56.100 GMT
By Scott Reyburn and Katya Kazakina
Oct. 17 (Bloomberg) -- An Andy Warhol artwork consisting of 10 silkscreen paintings of skulls sold tonight at Sotheby's in London for a below-estimate 4.4 million pounds ($7.6 million) with fees.
The 6-foot-4-inch-high Warhol, one of 10 works in the auction whose sellers had been guaranteed a minimum price by New York-based Sotheby's, was bought by New York collectors Jose and Alberto Mugrabi. The work had been estimated to fetch 5 million pounds to 7 million pounds.
``Skulls'' had been assembled in 1976 by the Zurich art dealer Thomas Ammann, who conceived the project of a complete catalog of Warhol's works. The seller of the piece had acquired it directly from Ammann, and it had never appeared at auction before, said Sotheby's.
The price is a record for a Warhol skull silkscreen. The previous high was the 1.2 million pounds paid at Christie's International, London, for ``Six Skulls,'' also dated 1976, according to the saleroom result tracker Artnet.
The sale represents the first major test of the art market during the worst financial crisis since the Depression. Dealers said declines in stock markets and economic growth could cut prices of contemporary art before New York auctions in November, especially if Russian buyers who have propped up sales stay away.
A survey of U.K. valuers said the Damien Hirst auction last month might have marked the top of the art market.
Sotheby's said before the sale that it expected to raise at least 30.6 million pounds from 64 lots.
Last October, the equivalent auction at Sotheby's totaled
34.9 million pounds with fees, in line with estimates. On that occasion, 84 percent of the material sold.
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Sotheby's Art Auctions β’ LONDON π¬π§, by giiiant on Oct 17, 2008 20:05:48 GMT 1, this balanced it out nicely
LOT 47
- BANKSY
B. 1975
QUEEN VICTORIA
250,000β350,000 GBP
Lot Sold. Hammer Price with Buyer's Premium: 277,250 GBP
MEASUREMENTS
measurements
canvas: 91.5 by 91.5cm.; 36 by 36in.
alternate measurements
overall: 113.5 by 112cm.; 44 3/4 by 44in.
DESCRIPTION
signed
oil on canvas in original artist's frame
this balanced it out nicely
LOT 47
- BANKSY
B. 1975
QUEEN VICTORIA
250,000β350,000 GBP
Lot Sold. Hammer Price with Buyer's Premium: 277,250 GBP
MEASUREMENTS
measurements
canvas: 91.5 by 91.5cm.; 36 by 36in.
alternate measurements
overall: 113.5 by 112cm.; 44 3/4 by 44in.
DESCRIPTION
signed
oil on canvas in original artist's frame
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funster
Junior Member
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October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:07:23 GMT 1, I think this was a bit over valued really
I agree. I know someone prepared to pay that figure, so it must be all the charges on top that tipped the balance.
I think this was a bit over valued really I agree. I know someone prepared to pay that figure, so it must be all the charges on top that tipped the balance. |
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funster
Junior Member
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October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:08:26 GMT 1, Interesting info Lee.
Interesting info Lee.
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Sotheby's Art Auctions β’ LONDON π¬π§, by ilikekittens on Oct 17, 2008 20:08:31 GMT 1, Queen vic - Perhaps his best piece only just scraped by on lowest estimate . . .
Queen vic - Perhaps his best piece only just scraped by on lowest estimate . . .
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funster
Junior Member
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October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:08:48 GMT 1, 49 - MATTHIAS WEISCHER
337,250
50 - MARTIN KIPPENBERGER
145,250
52 - ZHANG HUAN
199,250
54 JUAN MUΓOZ
229,250
49 - MATTHIAS WEISCHER
337,250
50 - MARTIN KIPPENBERGER
145,250
52 - ZHANG HUAN
199,250
54 JUAN MUΓOZ
229,250
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lee3
New Member
π¨οΈ 832
ππ» 1,290
November 2009
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Sotheby's Art Auctions β’ LONDON π¬π§, by lee3 on Oct 17, 2008 20:10:03 GMT 1, Also, i've got a friend texting me stating that a couple lots were withdrawn from the sale so they would show as bought in on this page untill i see the full report tomorrow.
Also, i've got a friend texting me stating that a couple lots were withdrawn from the sale so they would show as bought in on this page untill i see the full report tomorrow.
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funster
Junior Member
π¨οΈ 2,256
ππ» 0
October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:10:59 GMT 1, 55 - RACHEL WHITEREAD
109,250
56 - ANISH KAPOOR
145,250
Anish seems to be doing well. Heard him on Radio 4 the other day talking about Rothko and he seemed like a level headed guy.
55 - RACHEL WHITEREAD
109,250
56 - ANISH KAPOOR
145,250
Anish seems to be doing well. Heard him on Radio 4 the other day talking about Rothko and he seemed like a level headed guy.
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Sotheby's Art Auctions β’ LONDON π¬π§, by ilikekittens on Oct 17, 2008 20:11:08 GMT 1, Ouch !
Ouch !
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funster
Junior Member
π¨οΈ 2,256
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October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:12:17 GMT 1, Also, i've got a friend texting me stating that a couple lots were withdrawn from the sale so they would show as bought in on this page untill i see the full report tomorrow.
I'm sure you work for the CIA - although your contacts seem too good!
Also, i've got a friend texting me stating that a couple lots were withdrawn from the sale so they would show as bought in on this page untill i see the full report tomorrow. I'm sure you work for the CIA - although your contacts seem too good! |
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hlarmy
Junior Member
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ππ» 64
November 2007
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Sotheby's Art Auctions β’ LONDON π¬π§, by hlarmy on Oct 17, 2008 20:12:49 GMT 1, Is anyone else not slightly surprised that a set of Banksy prints actually made it to the Sotheby's evening sale in the first place; weren't these slightly out of their depth in the first place? 
Is anyone else not slightly surprised that a set of Banksy prints actually made it to the Sotheby's evening sale in the first place; weren't these slightly out of their depth in the first place? |
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funster
Junior Member
π¨οΈ 2,256
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October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:13:16 GMT 1, 62 - ANSELM KIEFER
361,250
63 - FRANZ WEST
97,250
62 - ANSELM KIEFER
361,250
63 - FRANZ WEST
97,250
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Sotheby's Art Auctions β’ LONDON π¬π§, by worlddomination on Oct 17, 2008 20:13:45 GMT 1, Go Go Banksy, bye bye doubting Thomas's, very respectable result.
Go Go Banksy, bye bye doubting Thomas's, very respectable result.
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afroken
Junior Member
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February 2009
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Sotheby's Art Auctions β’ LONDON π¬π§, by afroken on Oct 17, 2008 20:14:53 GMT 1, 22 million all in all. 8 million less than the sale estimate, but hardly what you could call a crash
22 million all in all. 8 million less than the sale estimate, but hardly what you could call a crash
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funster
Junior Member
π¨οΈ 2,256
ππ» 0
October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:15:00 GMT 1, Is anyone else not slightly surprised that a set of Banksy prints actually made it to the Sotheby's evening sale in the first place; weren't these slightly out of their depth in the first place?
The Kates are special for sure. The Queen Vic is a Grade A original.
Is anyone else not slightly surprised that a set of Banksy prints actually made it to the Sotheby's evening sale in the first place; weren't these slightly out of their depth in the first place? The Kates are special for sure. The Queen Vic is a Grade A original. |
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funster
Junior Member
π¨οΈ 2,256
ππ» 0
October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:16:36 GMT 1, All things considered I think this has to been seen as a good result.
All things considered I think this has to been seen as a good result.
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afroken
Junior Member
π¨οΈ 1,018
ππ» 29
February 2009
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Sotheby's Art Auctions β’ LONDON π¬π§, by afroken on Oct 17, 2008 20:19:01 GMT 1, I can't believe the title of this thread....
I can't believe the title of this thread....
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funster
Junior Member
π¨οΈ 2,256
ππ» 0
October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:20:33 GMT 1, I agree, far too premature... will be changed 
I agree, far too premature... will be changed |
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hlarmy
Junior Member
π¨οΈ 3,199
ππ» 64
November 2007
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Sotheby's Art Auctions β’ LONDON π¬π§, by hlarmy on Oct 17, 2008 20:23:09 GMT 1, I can't believe the title of this thread....
Me neither; I don't see the fact that the prints didn't sell as a disaster - the fact that Banksy made it into such a prestigious sale in the first place is good news - the Queen Vic reached a very respectable price. Onwards and upwards I reckon ... 
EDIT: Funster, do you work for the tabloids?
I can't believe the title of this thread.... Me neither; I don't see the fact that the prints didn't sell as a disaster - the fact that Banksy made it into such a prestigious sale in the first place is good news - the Queen Vic reached a very respectable price. Onwards and upwards I reckon ... EDIT: Funster, do you work for the tabloids? |
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Sotheby's Art Auctions β’ LONDON π¬π§, by worlddomination on Oct 17, 2008 20:25:00 GMT 1, All things considered I think this has to been seen as a good result.
A very good result, he's held his own with some very notable company indeed. Hold on to your Banksy's folks.
All things considered I think this has to been seen as a good result. A very good result, he's held his own with some very notable company indeed. Hold on to your Banksy's folks. |
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funster
Junior Member
π¨οΈ 2,256
ππ» 0
October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:25:42 GMT 1, I can't believe the title of this thread.... Me neither; I don't see the fact that the prints didn't sell as a disaster - the fact that Banksy made it into such a prestigious sale in the first place is good news - the Queen Vic reached a very respectable price. Onwards and upwards I reckon ... EDIT: Funster, do you work for the tabloids?
Not yet
I can't believe the title of this thread.... Me neither; I don't see the fact that the prints didn't sell as a disaster - the fact that Banksy made it into such a prestigious sale in the first place is good news - the Queen Vic reached a very respectable price. Onwards and upwards I reckon ... EDIT: Funster, do you work for the tabloids? Not yet |
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skanky
New Member
π¨οΈ 887
ππ» 60
August 2007
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Sotheby's Art Auctions β’ LONDON π¬π§, by skanky on Oct 17, 2008 20:26:02 GMT 1, I agree I see its been changed , it was Banksy Fails to Sell. Lets have a bit of positivity for a change ! Tut tut Funster
I agree I see its been changed , it was Banksy Fails to Sell. Lets have a bit of positivity for a change ! Tut tut Funster
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funster
Junior Member
π¨οΈ 2,256
ππ» 0
October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:27:35 GMT 1, I admit I was wrong. Sorry all. 
I admit I was wrong. Sorry all. |
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pezlow
Junior Member
π¨οΈ 5,388
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January 2007
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Sotheby's Art Auctions β’ LONDON π¬π§, by pezlow on Oct 17, 2008 20:28:39 GMT 1, That queen vic was a real stunner as well. Looked superb in the flesh. The Kate's didn't sell but the condition of some of them wasn't great - one had a dirty great crease.
That queen vic was a real stunner as well. Looked superb in the flesh. The Kate's didn't sell but the condition of some of them wasn't great - one had a dirty great crease.
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hlarmy
Junior Member
π¨οΈ 3,199
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November 2007
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Sotheby's Art Auctions β’ LONDON π¬π§, by hlarmy on Oct 17, 2008 20:29:29 GMT 1, I admit I was wrong. Sorry all.
I've called you a taxi...
I admit I was wrong. Sorry all. I've called you a taxi... |
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funster
Junior Member
π¨οΈ 2,256
ππ» 0
October 2006
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Sotheby's Art Auctions β’ LONDON π¬π§, by funster on Oct 17, 2008 20:31:01 GMT 1, I admit I was wrong. Sorry all. I've called you a taxi...
Cheers mate. Will go and hang out in the corner of shame for a while!
I admit I was wrong. Sorry all. I've called you a taxi... Cheers mate. Will go and hang out in the corner of shame for a while! |
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skanky
New Member
π¨οΈ 887
ππ» 60
August 2007
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Sotheby's Art Auctions β’ LONDON π¬π§, by skanky on Oct 17, 2008 20:31:09 GMT 1, Funster change the title to great result for Banksy !
Funster change the title to great result for Banksy !
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lee3
New Member
π¨οΈ 832
ππ» 1,290
November 2009
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Sotheby's Art Auctions β’ LONDON π¬π§, by lee3 on Oct 17, 2008 20:32:24 GMT 1, Sotheby's was 25% light on their estimate so one could begin to argue the Hirst sale was the top. Though, to be fair, if that Richter painting had found a buyer most of that delta would evaporate. A so so auction comparatively imo with the work Christie's is offering for sale on Sunday night.
Christie's is looking for Β£40m on Sunda plus Richter and Fontana estiamte upon request so call it Β£50m. That sale is BY FAR the strongest collection of work for sale over the next week and i've got a link to it below. i think PdP is tomorrow though i don't follow them as closely and will probably check those results on Sunday.
www.christies.com/LotFinder/searchresults.aspx?intSaleID=21538#action=refine&intSaleID=21538&sid=ed03128f-b028-46d4-959c-9f1db381083a
If I had to guess, Christie's will have success Sunday night and probably every other sale over the next week will come in a bit light based upon the results of this sale. Interesting and pretty cool for Banksy at his age to have the Queen Vic sold in an evening sale though I get the impression he loathes this stuff anyway.
Sotheby's was 25% light on their estimate so one could begin to argue the Hirst sale was the top. Though, to be fair, if that Richter painting had found a buyer most of that delta would evaporate. A so so auction comparatively imo with the work Christie's is offering for sale on Sunday night. Christie's is looking for Β£40m on Sunda plus Richter and Fontana estiamte upon request so call it Β£50m. That sale is BY FAR the strongest collection of work for sale over the next week and i've got a link to it below. i think PdP is tomorrow though i don't follow them as closely and will probably check those results on Sunday. www.christies.com/LotFinder/searchresults.aspx?intSaleID=21538#action=refine&intSaleID=21538&sid=ed03128f-b028-46d4-959c-9f1db381083aIf I had to guess, Christie's will have success Sunday night and probably every other sale over the next week will come in a bit light based upon the results of this sale. Interesting and pretty cool for Banksy at his age to have the Queen Vic sold in an evening sale though I get the impression he loathes this stuff anyway. |
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