Topic Archives: Auctions

While the Eurozone crisis and rumors of a property bubble burst may have slowed the art market in the fall of 2011, Chinese art auctions still hit record sales for the year past.

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Art Radar is kicking off 2012 with a series of four posts that outline new trends in the Asian art world. How will dealers adapt as the world experiments with online market places?

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Preview lots for the Ayyam Auctions The Young Collectors Auction until 16 January 2012, then head to Ayyam Art Center in Dubai the next day for the auction proper.

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The Miami Herald questioned six art professionals on their views on global art trends. We summarise the main points from the article and supplement them with thoughts of our own.

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Christie’s Hong Kong November 26 Private Collection Sale provides a dramatic example of single-owner sales’ susceptibility to the faltering Asian art market.

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The response to Christie’s Hong Kong day sale of Asian Contemporary Art, held on 27 November 2011, was restrained. 28 percent of works in the 273-lot sale failed to sell.

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Christie’s includes Southeast Asian art in their Hong Kong autumn 2011 Asian 20th century and contemporary art sales along with art from China and other parts of East Asia.

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Bonhams Fine Chinese Paintings and Modern Asian Art Autumn Auction features work by contemporary artist Xu Bing and living artists Zhu Ming and Liu Kuo-sun.

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Asia Art Archive’s 2011 fundraiser auction has works by Wu Guanzhong, Nam June Paik, Takashi Murakami, Raqs Media Collective and other renowned Asian artists up for sale.

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HONG KONG CONTEMPORARY CHINESE ART AUCTIONS Art Radar was present in the auction room for the second instalment of Sotheby’s Ullens Collection Sale on October 2, 2011 in Hong Kong. Composed of 90 lots, this highly anticipated sale achieved sales of 93% … Continue reading →

Art Radar reports from the auction room of Sotheby’s evening sale of Contemporary Asian Art on October 3, 2011. The 176-lot sale featured two ‘premium’ works, and revealed lagging enthusiasm in the contemporary Asian art market

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Saffronart has reported that over half of all lots in their 2011 Autumn Art Auction were sold. A work by Tyeb Mehta took the top lot spot, selling for USD1,565,000.

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Two out of the three artists on Artprice’s top ten list of best auction results generated by Japanese artists (August 2011) are contemporary: Takashi Murakami and Yayoi Kusama.

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According to an article published in The Art Newspaper, Qatar (and the Qatari Royal family) is the world’s biggest buyer of modern and contemporary art today.

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Alice Zhang, director of Hong Kong-based Mischmasch, both an online auction space and a gallery, suggests some practical ways to successfully move your art business online.

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Art Radar catches up with iconic auctioneer Simon de Pury, in Hong Kong to participate in the latest IQ2 debate, the motion of which is “Art Must Be Beautiful”.

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The controversial Ullens Collection went on sale at Sotheby’s in Hong Kong on 3 April, 2011. Part of the spring auction season, what did the sale contribute to the 2011 total?

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Did Sotheby mirror their autumn 2010 auction success in their 2011 spring sales? Take a look at the results from the Asian Contemporary Art and Southeast Asian sales.

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Will 2011 be the year the Israeli art market makes it’s comeback? It is the year Bonhams has chosen for its first auction of modern and contemporary Israeli art and Judaica.

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Does the addition of a new three-dimensional art catalogue category to Sotheby’s Spring 2011 Asian Contemporary Art sales mean the art form is becoming more collectable?

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Hong Kong’s Clean Air Auction is reportedly the first event of its kind to focus on environmental concerns. We bring you more on the event.

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The catalogue for Indian Saffronart’s 2011 Spring Online Art Auction is available on their website. Big names listed include Subodh Gupta, Jitish Kallat and Bharti Kher.

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Art Radar attended the preview for the upcoming Sotheby’s Ullens Collection contemporary Chinese art auction and brings you the highlights.

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Art Radar Asia has put together a list of this year’s biggest-selling Asian artists, compiled from the Artprice Annual Report (2009/2010). Out of the 500 international contemporary artists named by Artprice, 238 come from Asia. With artists like Yifei Chen (China), Anish Kapoor (India) and Takashi Murakami (Japan) topping the list, the results of this report are a testament to the continued growth of the Asian art market. Continue reading →

CHINESE INDIAN ARTISTS CONTEMPORARY SCULPTURE ART MARKET REPORT Three Indian and two Chinese artists are featured in Artprice’s top 10 of contemporary artists for auction revenue from sculptures. While the report’s contemporary painting segment features artists from the US, the … Continue reading →