sham69
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March 2007
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Christie's Art Auctions , by sham69 on May 15, 2008 10:13:46 GMT 1, Lee3 I concur. Street art will be seen as the first major art movement of the 21st century, the establishment are just notoriously bad at embracing or even acknowledging new kids on the block. It's their party and they don't like gatecrashers.
Just add Bast to the list of those in it for the long haul.
Lee3 I concur. Street art will be seen as the first major art movement of the 21st century, the establishment are just notoriously bad at embracing or even acknowledging new kids on the block. It's their party and they don't like gatecrashers.
Just add Bast to the list of those in it for the long haul.
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Christie's Art Auctions , by doublehelix on May 15, 2008 11:46:45 GMT 1, It's great to see C215 getting well deserved praise from Lee! www.flickr.com/photos/c215/
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lee3
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November 2009
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Christie's Art Auctions , by lee3 on May 15, 2008 17:43:51 GMT 1, Oh dear god do I enjoy watching stuff like this. The same thing happend to a non discript Guston in November where 2 people in the room had to have it and bid a tiny $150k painting up to $1.3 million. At that price either buyer could have had a large very nice Guston and if they were lucky even an iconic one.
The same thing just took place a moment ago at Sotheby's with a warhol dollar sign. They have been skrocketing in price over the past 3 years from $50 to $200k for the 8x10 size. 2 people obviously just had to have this and I have buyers remorse already for whomever "won" this lot. Somewhere there is a DELIGHTED seller today. Take note that this lot was originally a gift from Andy. My goodness my guinness
www.sothebys.com/app/live/lot/LotDetail.jsp?sale_number=N08442&live_lot_id=213
Hoffman and Wesselmann doing unbelievably well and both Ramos' sold, Hubba Hubba at $500k and Polka Doty (which i thought could be a tough sell) at $700k
Oh dear god do I enjoy watching stuff like this. The same thing happend to a non discript Guston in November where 2 people in the room had to have it and bid a tiny $150k painting up to $1.3 million. At that price either buyer could have had a large very nice Guston and if they were lucky even an iconic one. The same thing just took place a moment ago at Sotheby's with a warhol dollar sign. They have been skrocketing in price over the past 3 years from $50 to $200k for the 8x10 size. 2 people obviously just had to have this and I have buyers remorse already for whomever "won" this lot. Somewhere there is a DELIGHTED seller today. Take note that this lot was originally a gift from Andy. My goodness my guinness www.sothebys.com/app/live/lot/LotDetail.jsp?sale_number=N08442&live_lot_id=213Hoffman and Wesselmann doing unbelievably well and both Ramos' sold, Hubba Hubba at $500k and Polka Doty (which i thought could be a tough sell) at $700k
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lee3
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November 2009
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Christie's Art Auctions , by lee3 on May 15, 2008 17:54:46 GMT 1, Scratch my former post. I just read throught the provenance on that dollar sign and now understand the premium associated with it- to SOME degree, though not a 5X premium. This was a gift to David Whitney who had one heck of a collection and was very tight with Andy and long rumored to have been a lover of his back in the day. The Whitney sale last year (at Sotheby's I believe but could have been Christie's) was a screaming success and everything across the board had much higher prices than they otherwise would because they were Whitney's. I remember two tiny Hamburgers doing over $200k (when most were trading at $75k) and the most gorgeous tiny Mao I've ever seen bringing in (again from memory) $2.5 million when the 8x10s were trading at a million (up from $150k 3 or 4 short years ago).
Scratch my former post. I just read throught the provenance on that dollar sign and now understand the premium associated with it- to SOME degree, though not a 5X premium. This was a gift to David Whitney who had one heck of a collection and was very tight with Andy and long rumored to have been a lover of his back in the day. The Whitney sale last year (at Sotheby's I believe but could have been Christie's) was a screaming success and everything across the board had much higher prices than they otherwise would because they were Whitney's. I remember two tiny Hamburgers doing over $200k (when most were trading at $75k) and the most gorgeous tiny Mao I've ever seen bringing in (again from memory) $2.5 million when the 8x10s were trading at a million (up from $150k 3 or 4 short years ago).
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EHC
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October 2006
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Christie's Art Auctions , by EHC on May 15, 2008 18:10:29 GMT 1, anyone have the link to watch it live?
anyone have the link to watch it live?
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Bram
Artist
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November 2007
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Christie's Art Auctions , by Bram on May 15, 2008 18:29:12 GMT 1, Scratch my former post. I just read throught the provenance on that dollar sign and now understand the premium associated with it- to SOME degree, though not a 5X premium. This was a gift to David Whitney who had one heck of a collection and was very tight with Andy and long rumored to have been a lover of his back in the day. The Whitney sale last year (at Sotheby's I believe but could have been Christie's) was a screaming success and everything across the board had much higher prices than they otherwise would because they were Whitney's. I remember two tiny Hamburgers doing over $200k (when most were trading at $75k) and the most gorgeous tiny Mao I've ever seen bringing in (again from memory) $2.5 million when the 8x10s were trading at a million (up from $150k 3 or 4 short years ago).
Wasn't the estimate of the little Mao around $250k? only slightly out. ;D
Scratch my former post. I just read throught the provenance on that dollar sign and now understand the premium associated with it- to SOME degree, though not a 5X premium. This was a gift to David Whitney who had one heck of a collection and was very tight with Andy and long rumored to have been a lover of his back in the day. The Whitney sale last year (at Sotheby's I believe but could have been Christie's) was a screaming success and everything across the board had much higher prices than they otherwise would because they were Whitney's. I remember two tiny Hamburgers doing over $200k (when most were trading at $75k) and the most gorgeous tiny Mao I've ever seen bringing in (again from memory) $2.5 million when the 8x10s were trading at a million (up from $150k 3 or 4 short years ago). Wasn't the estimate of the little Mao around $250k? only slightly out. ;D
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lee3
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November 2009
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Christie's Art Auctions , by lee3 on May 15, 2008 18:38:02 GMT 1, anyone have the link to watch it live?
I'm not watching live in the room, just prices as they fall under the hammer at this link:
www.sothebys.com/app/live/lot/LotResultsDetailList.jsp?event_id=28828&sale_number=N08442
>>>Wasn't the estimate of the little Mao around $250k? only slightly out. <<<
I can't recall but everything was just crushed in that auction. David had the most wonderful collection of George Ohr pottery that I had ever seen and they too went right through the roof.
anyone have the link to watch it live? I'm not watching live in the room, just prices as they fall under the hammer at this link: www.sothebys.com/app/live/lot/LotResultsDetailList.jsp?event_id=28828&sale_number=N08442>>>Wasn't the estimate of the little Mao around $250k? only slightly out. <<< I can't recall but everything was just crushed in that auction. David had the most wonderful collection of George Ohr pottery that I had ever seen and they too went right through the roof.
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EHC
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October 2006
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Christie's Art Auctions , by EHC on May 15, 2008 19:00:19 GMT 1, that Hoffman was a beauty.
found the live vid feed link but currently blank. Maybe they aren't webcasting this one:
www.sothebys.com/video/viewer/
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foreman
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May 2007
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Christie's Art Auctions , by foreman on May 15, 2008 19:46:16 GMT 1, theres a couple really nice faile's on wood going up.. lot 466 and 467... really nice and big... the 10 ways is owned by a faile forum member.. maybe one of the nicest failes to go under the hammer, should be interesting to see what it goes for..
theres a couple really nice faile's on wood going up.. lot 466 and 467... really nice and big... the 10 ways is owned by a faile forum member.. maybe one of the nicest failes to go under the hammer, should be interesting to see what it goes for..
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lee3
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November 2009
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Christie's Art Auctions , by lee3 on May 15, 2008 20:34:42 GMT 1, Banksy Bronze Rat just hammered for $169,000
Banksy Bronze Rat just hammered for $169,000
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foreman
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May 2007
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Christie's Art Auctions , by foreman on May 15, 2008 20:37:00 GMT 1, faile master of love and fate on wood hammered at $49,000
faile master of love and fate on wood hammered at $49,000
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lee3
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November 2009
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Christie's Art Auctions , by lee3 on May 15, 2008 20:39:18 GMT 1, Faile master of love and hate did$49k while 10 ways was bought in.
Faile master of love and hate did$49k while 10 ways was bought in.
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foreman
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May 2007
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Christie's Art Auctions , by foreman on May 15, 2008 20:41:59 GMT 1, bought in?
bought in?
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lee3
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November 2009
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Christie's Art Auctions , by lee3 on May 15, 2008 20:44:22 GMT 1,
meaning it didn't sell. We know for a fact that it didn't get to $40k and perhaps lower depending on whether or not the seller was agreeable to a lower price than the minimum bid, I have no idea. I'll find out what the high bid on it was and post back. There is an awful lot of work for sale at the end of this auction that was made in '06 or '07 so I'm not surprised to see some fail to hammer. One the other hand, this Beatrix Milhazes whom i've never heard of had a very interesting piece (to my eyes) go for 3X the high estimate and break a million.
meaning it didn't sell. We know for a fact that it didn't get to $40k and perhaps lower depending on whether or not the seller was agreeable to a lower price than the minimum bid, I have no idea. I'll find out what the high bid on it was and post back. There is an awful lot of work for sale at the end of this auction that was made in '06 or '07 so I'm not surprised to see some fail to hammer. One the other hand, this Beatrix Milhazes whom i've never heard of had a very interesting piece (to my eyes) go for 3X the high estimate and break a million.
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EHC
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October 2006
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Christie's Art Auctions , by EHC on May 15, 2008 20:47:50 GMT 1, High bid was 38K
High bid was 38K
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foreman
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May 2007
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Christie's Art Auctions , by foreman on May 15, 2008 20:53:39 GMT 1, your the man lee!
your the man lee!
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lee3
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November 2009
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Christie's Art Auctions , by lee3 on May 15, 2008 21:04:35 GMT 1,
In essence both Faile's got within 3k of one another but one sold and the other did not. It's up to the seller to determine whether they want to take a $38k offer (+20%) which would equate to $45,600.
Also, to clear up an incorrect point earlier in this thread, the Sale Ends Today BI'd at $550k, not $525k. It will be quite interesting to see whether or not a deal is made there for that 7x14 foot painting.
In essence both Faile's got within 3k of one another but one sold and the other did not. It's up to the seller to determine whether they want to take a $38k offer (+20%) which would equate to $45,600. Also, to clear up an incorrect point earlier in this thread, the Sale Ends Today BI'd at $550k, not $525k. It will be quite interesting to see whether or not a deal is made there for that 7x14 foot painting.
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afroken
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February 2009
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Christie's Art Auctions , by afroken on May 15, 2008 21:14:35 GMT 1, Lee, correct me if I'm wrong, but seller's premium and fees are due whether a piece sells or not, right? So there's quite a lot of pressure on the seller to do a deal post-auction.
I worked at Christies a long time ago an that's certainly the way it used to be.
Lee, correct me if I'm wrong, but seller's premium and fees are due whether a piece sells or not, right? So there's quite a lot of pressure on the seller to do a deal post-auction.
I worked at Christies a long time ago an that's certainly the way it used to be.
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lee3
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November 2009
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Christie's Art Auctions , by lee3 on May 15, 2008 21:25:59 GMT 1, Lee, correct me if I'm wrong, but seller's premium and fees are due whether a piece sells or not, right? So there's quite a lot of pressure on the seller to do a deal post-auction. I worked at Christies a long time ago an that's certainly the way it used to be.
There is no premium due if the work doesn't sell. The premium is only paid by the buyer. There is a small sellers fee and though I've never sold at auction, I know plenty who have. The houses ask for the world but are quite negotiable as to listing fees and placement within the sale if you have quality work. The auction houses are in the moving business so they want to make it as easy as possible to list work for sale which leads to their commission. A good friend has sold many Warhol's and always has the listing fee down around $100. I know for a fact on the last one Christie's initial agreement requested a $1k listing fee which was negotiated to $100. The auction houses also pay for shipping both ways if the work is returned (unsold).
Lee, correct me if I'm wrong, but seller's premium and fees are due whether a piece sells or not, right? So there's quite a lot of pressure on the seller to do a deal post-auction. I worked at Christies a long time ago an that's certainly the way it used to be. There is no premium due if the work doesn't sell. The premium is only paid by the buyer. There is a small sellers fee and though I've never sold at auction, I know plenty who have. The houses ask for the world but are quite negotiable as to listing fees and placement within the sale if you have quality work. The auction houses are in the moving business so they want to make it as easy as possible to list work for sale which leads to their commission. A good friend has sold many Warhol's and always has the listing fee down around $100. I know for a fact on the last one Christie's initial agreement requested a $1k listing fee which was negotiated to $100. The auction houses also pay for shipping both ways if the work is returned (unsold).
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afroken
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February 2009
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Christie's Art Auctions , by afroken on May 15, 2008 21:29:56 GMT 1, I thought there was a seller's commision of about 15% before taking listing fees into account - which covers photography, catalog listing, etc.
I thought there was a seller's commision of about 15% before taking listing fees into account - which covers photography, catalog listing, etc.
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Bram
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November 2007
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Christie's Art Auctions , by Bram on May 15, 2008 21:32:32 GMT 1, Banksy Bronze Rat just hammered for $169,000
Anyone remember the price of these. There is one still available at Laz but it's POA.
Banksy Bronze Rat just hammered for $169,000 Anyone remember the price of these. There is one still available at Laz but it's POA.
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afroken
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February 2009
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Christie's Art Auctions , by afroken on May 15, 2008 21:33:26 GMT 1, Banksy Bronze Rat just hammered for $169,000 Anyone remember the price of these. There is one still available at Laz but it's POA.
90k+VAT I think
Banksy Bronze Rat just hammered for $169,000 Anyone remember the price of these. There is one still available at Laz but it's POA. 90k+VAT I think
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RBK
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September 2006
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Christie's Art Auctions , by RBK on May 15, 2008 21:34:28 GMT 1,
How do you know this? I was thinking about placing a bit for it. Surprised the other one sold and this went unsold.
How do you know this? I was thinking about placing a bit for it. Surprised the other one sold and this went unsold.
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Bram
Artist
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November 2007
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Christie's Art Auctions , by Bram on May 15, 2008 21:36:51 GMT 1, Anyone remember the price of these. There is one still available at Laz but it's POA. 90k+VAT I think
Cheers.
Anyone remember the price of these. There is one still available at Laz but it's POA. 90k+VAT I think Cheers.
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afroken
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February 2009
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Christie's Art Auctions , by afroken on May 15, 2008 21:41:43 GMT 1, How do you know this? I was thinking about placing a bit for it. Surprised the other one sold and this went unsold.
Should have made him an offer when he was tarting it round the Faile forum RBK
How do you know this? I was thinking about placing a bit for it. Surprised the other one sold and this went unsold. Should have made him an offer when he was tarting it round the Faile forum RBK
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spirit
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August 2007
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Christie's Art Auctions , by spirit on May 15, 2008 21:42:46 GMT 1, How do you know this? I was thinking about placing a bit for it. Surprised the other one sold and this went unsold.
38k is correct - I watched the live video feed of it.
How do you know this? I was thinking about placing a bit for it. Surprised the other one sold and this went unsold. 38k is correct - I watched the live video feed of it.
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lee3
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November 2009
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Christie's Art Auctions , by lee3 on May 15, 2008 21:44:51 GMT 1, Anyone can call Sothebys and ask where an item BI'd and they will give you that info.
Anyone can call Sothebys and ask where an item BI'd and they will give you that info.
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RBK
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September 2006
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Christie's Art Auctions , by RBK on May 15, 2008 21:50:43 GMT 1, How do you know this? I was thinking about placing a bit for it. Surprised the other one sold and this went unsold. Should have made him an offer when he was tarting it round the Faile forum RBK
I did - and he decided to roll the dice at auction
How do you know this? I was thinking about placing a bit for it. Surprised the other one sold and this went unsold. Should have made him an offer when he was tarting it round the Faile forum RBK I did - and he decided to roll the dice at auction
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RBK
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September 2006
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Christie's Art Auctions , by RBK on May 15, 2008 21:51:16 GMT 1, Wonder if I'll be getting an email now....
Wonder if I'll be getting an email now....
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