Sotheby’s Evening Sale of Contemporary Art in Paris Totals $11.7 Million

PARIS.- Yesterday in Paris, Sotheby’s Summer Evening Sale of Contemporary Art achieved a successful total of €9,517,050 / $11,679,324 / £7,932,168, a figure well above the pre-sale expectations of €5.1-7.0 million / $6.3-8.6 million / £4.2-5.8 million. The sale achieved exemplary sell through rates of 93% by lot and almost 100% by value and these rank as some of the highest sell through rates ever seen in a Contemporary Art sale at Sotheby’s Paris. In addition, the sale saw two [...]

New Paintings in Black by Lee Bae at Andrew Shire Gallery

LOS ANGELES, CA.- Pierre Soulages has made the point often: it is not black that interests him, but the way black causes the light to react, the way it projects it in front of the canvas so that it changes as we move around it. The same goes for Lee Bae, but the other way round: what interests him is not the white or cream spaces, even though they are immediately visible, but the powerful contrast they afford with the [...]

Works by Pierre Soulages Bring the Two Highest Prices at Sotheby’s in Paris

PARIS.- Sotheby’s biannual Evening Sale of Contemporary Art in Paris realised the remarkable total of €8,051,100 (£7,302,584 /$11,947,027), far surpassing pre-sale expectations of €4,680,000 – 6,440,000* ($6,938,240-9,547,493 / £4,192,797 – 5,769,575). The auction saw all but one lot sell, achieving the joint-highest sell-through rate of 96.3% for a Sotheby’s Paris Evening Sale of Contemporary Art, and established a sold-by-value rate of 98.1% – the second-highest for an Evening Sale of Contemporary Art at Sotheby’s Paris. Pierre Soulages, Peinture 130x162cm, 28 [...]