In the last few weeks, London city has proved to be the European capital of the art market. With sales dedicated to the modern and impressionist sector, Sotheby’s and Christie’s have confirmed the good state of the market. Indeed, the “Impressionist and Modern Art Evening Sale” held on 24th June fetched 144 million pounds (284 million dollars), achieving the highest total for a European auction and giving “Le bassin aux nymphèas” by Claude Monet the new world record for the artist, selling the piece for 41 million pounds.

translated by Giorgina Arcuri

A few days ago Sotheby’s auction house announced that on 1st July, during the “Contemporary Art Evening Sale” that will be held at the London venue in New Bond Street, a very interesting work will be auctioned, a work that is interesting not only for economic-artistic reasons, but also because it has been for years a masterpiece in the hands of the star system world.

translated by Giorgina Arcuri

On 15th May, “Contemporary Art Part I” was held at Phillips de Pury & Co. New York, a sale that concluded the New York sessions of the three main international auction houses dedicated to contemporary art, confirming once again the excellent condition of contemporary art on the market, which remains vital and continues receiving approvals and international participation. After Christie’s and Sotheby’s, which achieved record takings, even the young Phillips has realized a total of 59,001,000 dollars, with an 84% sale percentage.

On 15th May, the auction house Phillips de Pury & Co. in New York will begin two sessions dedicated to Contemporary Art, which will conclude on 16th May with the latest returns. We will be helping to showcase the two sales which amount to about 370 lots, among which are some of the most famous stars of the contemporary art world.

Article translated by Amritee Mahabir

The city of Milan is searching to grow in some way. After the notice of the EXPO anticipated for 2015 in the field of art, we see that the Lombard base is looking to keep in step with the other leading capital in the artistic sector.