Archive for May, 2015

Henry Wyndham brings down the hammer at Sotheby's

Sotheby’s riding high for now… but looking vulnerable

May 21st, 2015 | By

I have written elsewhere about Sotheby’s share price being a leading indicator for the general health of the art market and indeed for the stock market in general.  See The following article written by James Stefurak for Seeking Alpha is an in-depth examination of Sotheby’s, its share price, and the general health of the art
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Jussi Pylkkanen auctions the Picasso in New York

Money cascades into the Art Market

May 18th, 2015 | By

Christie’s, Sotheby’s and Phillips modernist works sales last week topped US$2.5bn with more fast money chasing art than at any time since 2008. Picasso’s Women of Algiers made a new auction record for a work of art of US$179m. Giacometti’s life-size sculpture L’homme au doigt sold for US$141.3m confirming that sculpture has now achieved the
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