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The earliest sale on the list below (Vase with Fifteen Sunflowers by Vincent van Gogh) is from March 1987; with a price of £24.75 million (£87.9 million in 2024 currency). This sale tripled the previous record, and introduced a new era in top art sales.
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 ...
An art auction in Newton, Massachusetts, USA (Tremont Auctions) Sotheby's New York City headquarters on York Avenue Christie's New York City headquarters in Rockefeller Center. An art auction or fine art auction is the sale of art works, in most cases in an auction house.
An art auction at Christie's. The art market is the marketplace of buyers and sellers trading in commodities, services, and works of art.. The art market operates in an economic model that considers more than supply and demand; it is a market where art is bought and sold for values based not only on a work's perceived cultural value, but on both its past monetary value as well as its predicted ...
Sotheby's bought-in rate was 27%, Christie's was 45% and Phillips de Pury's was 46%. However, the total values of global and United States Fine Art auction sales were US$8.3 billion and US$2.9 billion, respectively. [42] In 2009, art collector Steven A. Cohen built a 6 percent stake in the auction house for his hedge fund SAC Capital Advisors. [43]
Artsy, formally known as Art.sy Inc is a New York City based online art brokerage. [1] Its main business is developing and hosting website for numerous galleries as well as selling art for them. [2] It utilizes a search engine and database to draw connections and map relationships among works of art. [3]
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