Tag Archives: auction news

AUCTION HOUSE NEWS SPRING 2009 Reuters reports that Sothebys sold US$223 million worth of artwork in its 2008 spring sale but this year expects to sell only one-third as much in what Kevin Ching, Chief Executive Office for Asia calls … Continue reading →

ART PRICES FINANCIAL CRISIS With fear at near panic levels recently in the stock market, it would seem almost anomalous that life goes on in some segments of alternative investments. No, we’re not talking about hedge funds or commodities, both of … Continue reading →

MARKET WATCH Two Singapore auctions of Asian art at the weekend missed estimates as a slump in global financial markets kept many buyers away. Borobodur Auction Pte’s two-day sale of Chinese and Southeast Asian art totaled S$11 million ($7.5 million), … Continue reading →

  AUCTION SOUTH EAST ASIAN ART 2008 Sotheby’s autumn sales in Hong Kong were grim apart from the South East Asian sale which provided some much needed relief. The success of the sale prompted an ebullient quip from Sotheby’s entertaining auctioneer Chin … Continue reading →

SOTHEBYS HONG KONG AUTUMN AUCTIONS While much of Hong Kong hunkered down just hours before the arrival of a typhoon on Oct. 4, the start of Sotheby’s three-day auction of modern and contemporary Asian art was buffeted by the financial storm … Continue reading →

      REPORT FROM THE AUCTION ROOM Big name Chinese and Indian artists and several premium lot artworks failed to sell at Sotheby’s October 2008 evening sale of contemporary and modern Asian art but the sale pointed to a new trend … Continue reading →