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This sale tripled the previous record, and introduced a new era in top art sales. Before this, the highest absolute price paid for a painting was £8.1 million (£22.9 million in 2023 currency) paid by the J. Paul Getty Museum for Andrea Mantegna's Adoration of the Magi at Christie's in London on 18 April 1985. [5]
The Beckford sale of 1823 (41 days) was the forerunner of the great art dispersal of the 19th century; Horace Walpole's accumulation at Strawberry Hill, 1842 (24 days), and the Stowe collection, 1848 (41 days), were also celebrated. They comprised every phase of art work, and in all the quality was of a very high order.
In the middle, art galleries are the primary connection between artists and collectors; accounting for the majority of transactions. Point-of-sale galleries connect artists with buyers by hosting exhibitions and openings. The artworks are on consignment, with the artist and the gallery splitting the proceeds from each sale.
Artist Title Dimensions (cm × cm) Purchase date c. 1434 – c. 1436: Jan van Eyck: The Annunciation: 90.2 × 34.1 Jun 1930 c. 1478 – c. 1482: Sandro Botticelli: The Adoration of the Magi: 70 x 104.2 Jan 1931 c. 1482 – c. 1485: Pietro Perugino: The Crucifixion with the Virgin, Saint John, Saint Jerome, and Saint Mary Magdalene
The American Art Association (AAA) was founded by James F. Sutton (President of AAA), R. Austin Robertson, and Thomas Kirby (1846–1924) in 1883. [4] Thomas Kirby had grown up in Philadelphia and moved his family to New York in 1876, in the years prior to starting the AAA, he worked at various auction firms and importers in New York. [5]
The highest known price paid for an artwork by a living artist was for Jasper Johns's 1958 painting Flag. Its 2010 private sale price was estimated to be about US$110 million ($154 million in 2023 dollars). All-time This is a list of highest prices ever paid—at auction or private sale—for an artwork by an artist living at time of sale. Adjusted price (in millions of USD) Original price (in ...
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