A booming global market is resulting in recent unprecedented sales in the auction world. In Geneva, Sothebys nearly $161 million in sales at Magnificent Jewels and Noble Jewels shattered the categorys record worldwide. Almost every one of the 484 lots was snapped up, including the top draw: a 25.59-carat Burmese stone known as the Sunrise Ruby. Its final price$30.3 millionbroke records both for a ruby at auction and for any stone by maker Cartier.
On the art front, Sigmar Polkes retrospective at the Museum of Modern Art in New York last year greatly increased his cachet. At a Contemporary Art Evening Auction, his Dschungel (Jungle) set a record for the German artist, fetching $27.13 million. The same night, Christopher Wools Riot brought in nearly $30 millionwell over the estimated $18 millionbreaking the record for any living American artist. Top seller of the night: Mark Rothkos Untitled (Yellow and Blue), previously owned by Bunny Mellon, sold for $46.5 million.
Upcoming Sotheby's Sales
- November 1920: Latin America: Modern Art and Latin America: Contemporary Art, New York
- December 11: La Bibliotheque de Pierre Berge, Paris
- December 1516: 20th Century Design, New York
- January 2021: Property from the collection of Irvin and Anita Schorsch: Hidden Glen Farms, New York
- Complete calendar at sothebys.com
- Click here to see the full issue.
A booming global market is resulting in recent unprecedented sales in the auction world. In Geneva, Sothebys nearly $161 million in sales at Magnificent Jewels and Noble Jewels shattered the categorys record worldwide. Almost every one of the 484 lots was snapped up, including the top draw: a 25.59-carat Burmese stone known as the Sunrise Ruby. Its final price$30.3 millionbroke records both for a ruby at auction and for any stone by maker Cartier.
On the art front, Sigmar Polkes retrospective at the Museum of Modern Art in New York last year greatly increased his cachet. At a Contemporary Art Evening Auction, his Dschungel (Jungle) set a record for the German artist, fetching $27.13 million. The same night, Christopher Wools Riot brought in nearly $30 millionwell over the estimated $18 millionbreaking the record for any living American artist. Top seller of the night: Mark Rothkos Untitled (Yellow and Blue), previously owned by Bunny Mellon, sold for $46.5 million.
UPCOMING SOTHEBYS SALES:
November 1920: Latin America: Modern Art and Latin America: Contemporary Art, New York
December 11: La Bibliotheque de Pierre Berge, Paris
December 1516: 20th Century Design, New York
January 2021: Property from the collection of Irvin and Anita Schorsch: Hidden Glen Farms, New York
Complete calendar at sothebys.com
Click here to see the full issue.
To subscribe to ONE LIFE Magazine click here.
A booming global market is resulting in recent unprecedented sales in the auction world. In Geneva, Sothebys nearly $161 million in sales at Magnificent Jewels and Noble Jewels shattered the categorys record worldwide. Almost every one of the 484 lots was snapped up, including the top draw: a 25.59-carat Burmese stone known as the Sunrise Ruby. Its final price$30.3 millionbroke records both for a ruby at auction and for any stone by maker Cartier.
On the art front, Sigmar Polkes retrospective at the Museum of Modern Art in New York last year greatly increased his cachet. At a Contemporary Art Evening Auction, his Dschungel (Jungle) set a record for the German artist, fetching $27.13 million. The same night, Christopher Wools Riot brought in nearly $30 millionwell over the estimated $18 millionbreaking the record for any living American artist. Top seller of the night: Mark Rothkos Untitled (Yellow and Blue), previously owned by Bunny Mellon, sold for $46.5 million.
UPCOMING SOTHEBYS SALES:
November 1920: Latin America: Modern Art and Latin America: Contemporary Art, New York
December 11: La Bibliotheque de Pierre Berge, Paris
December 1516: 20th Century Design, New York
January 2021: Property from the collection of Irvin and Anita Schorsch: Hidden Glen Farms, New York
Complete calendar at sothebys.com
Click here to see the full issue.
To subscribe to ONE LIFE Magazine click here.
A booming global market is resulting in recent unprecedented sales in the auction world. In Geneva, Sothebys nearly $161 million in sales at Magnificent Jewels and Noble Jewels shattered the categorys record worldwide. Almost every one of the 484 lots was snapped up, including the top draw: a 25.59-carat Burmese stone known as the Sunrise Ruby. Its final price$30.3 millionbroke records both for a ruby at auction and for any stone by maker Cartier.
On the art front, Sigmar Polkes retrospective at the Museum of Modern Art in New York last year greatly increased his cachet. At a Contemporary Art Evening Auction, his Dschungel (Jungle) set a record for the German artist, fetching $27.13 million. The same night, Christopher Wools Riot brought in nearly $30 millionwell over the estimated $18 millionbreaking the record for any living American artist. Top seller of the night: Mark Rothkos Untitled (Yellow and Blue), previously owned by Bunny Mellon, sold for $46.5 million.
UPCOMING SOTHEBYS SALES:
November 1920: Latin America: Modern Art and Latin America: Contemporary Art, New York
December 11: La Bibliotheque de Pierre Berge, Paris
December 1516: 20th Century Design, New York
January 2021: Property from the collection of Irvin and Anita Schorsch: Hidden Glen Farms, New York
Complete calendar at sothebys.com
Click here to see the full issue.
To subscribe to ONE LIFE Magazine click here.
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