Tag Archives: Christies

CONVERSATION SUBODH GUPTA INDIAN CONTEMPORARY ART New Delhi-based contemporary artist Subodh Gupta is not backward in coming forward with his views. Smiling firmly, he chose not to respond to introductory remarks made by moderator William Pym, Managing Editor of Art … Continue reading →

SINGAPORE AND HONG KONG’S COMPETING ART MARKET Singapore’s art scene has grown rapidly since its 1989 government mandate to recognize the “importance of culture and the art.” Thriving to a point that, according to The Wall Street Journal, Hong Kong–Asia’s … Continue reading →

ASIAN ART MARKET For the first time ever, the total auction revenue from “contemporary art in Asia” is greater than the total of the United States artprice reports. The statistics are collected from a 12-month period spanning from July 2008 … Continue reading →

ART FAIR INSURANCE Last week, The Art Newspaper posted an interesting report that claimed that art is getting harder to insure. According to their source, Richard Northcott, executive director of the art, jewellery and private client division at Heath Lambert … Continue reading →

ASIAN ART AUCTIONS A painting by Chinese contemporary artist Zhang Xiaogang offered by Hollywood director Oliver Stone fetched HK$26.4 million ($3.4 million) at a Hong Kong art sale where half the lots were unsold, reflecting the prevailing gloom. Zhang’s “Bloodline: … Continue reading →

          JAPANESE ART LECTURE HONG KONG On November 28 2008 world-renowned Japanese artist Takashi Murakami gave a lecture organised by Christie’s as an ancillary event appended to their November sales in Hong Kong. He is the … 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 →

IRANIAN ART MARKET “The vitality of the Middle-Eastern market is giving a number of young Iranian artists a healthy price index on the secondary art market” says Artprice’s online magazine Art Market Insight. In October 2007, at only his second … Continue reading →

  AUCTION MARKET WATCH Sotheby’s said it will cease holding auctions of Asian contemporary art in New York and “consolidate” them instead in Hong Kong, with biannual sales in the Asian city. Sotheby’s said it will organize dedicated auctions of … Continue reading →

    INDIA ART FAIR India is hosting its first art fair of modern and contemporary art called “India Art Summit”. It will be held from the 22nd to the 24th of August 2008, at Pragati Maidan (ITPO) New Delhi. … Continue reading →

CONTEMPORARY ART PAKISTAN  Rashid Rana occupies a unique position among Pakistan’s contemporary artists and has been a hit internationally. Rashid Rana is a star, whether it’s in Lahore, Mumbai or Hong Kong. The Pakistani artist wowed the crowds who flocked to … Continue reading →

            Source: Financial Times MARKET NEW BUYERS MORE BUYERS The huge wealth from oil and mining in the Middle East and Russia is flowing into fine art, with a rush of new buyers entering a market that … Continue reading →

INDIA Christie’s South Asian Modern and Contemporary 111 lot sale, held on on June 11 2008 in London, realised US$10,614,225. While 30% of the lots by over 50 Asian artists remained unsold, Indian master Francis Newton Souza’s ‘Birth’ realised US$2,487,931 … Continue reading →