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Category Archives: Auctions

Yves Saint Laurent Auction Drama & Fallout

Judging from the results of the YSL auction we previously reported on, it seems that in the high-end art world, provenance is as important as the artwork itself. The Yves Saint Laurent name, just like Andy Warhol’s and Jackie Kennedy’s name did for estate sales in the past, enamored bidders and helped draw in a stunning $477 million, beating estimates with nearly 96 percent of the 689 lots sold. Hard to know what one auction with such celebrity attached to it means for the general […]

Auctions: Dreweatts – Urban Art

In a matter of hours, Dreweatts will hold their first “Urban Art” auction of the year, being hosted at the Ultralounge within the London flagship location of Selfridges. The auction features some great pieces by a strong mix of urban artists including: Adam Neate, Banksy, Bast, Beejoir, Faile, Judith Supine, Nick Walker and Pure Evil. Connoisseurs are keeping a particularly close eye on two original works by Banksy, “No Ball Games” and “Go Flock Yourself,” (announced) which carry estimates of £30,000-60,000 and £40,000-60,000, respectively. This […]

Yves Saint Laurent and Pierre Bergé Auction

Christie’s will be auctioning off the eclectic collection of the late Yves Saint Laurent next week starting Feb 23rd. The incredible collection of nearly 700 artworks were accumulated over decades by Saint Laurent and his partner Pierre Bergé valued at up to $425 million including Old Master drawings, Roman sculptures, Renaissance bronzes and works by Ingres, Géricault, Frans Hals, Picasso, Matisse, Braque, Léger and Mondrian. There are hopes among the art community that a highly publicized event, not seen since the heights of the Damien […]

Banksy @ Dreweatts’ “Urban Art”

Two original works by Banksy, “No Ball Games” and “Go Flock Yourself,” will be auctioned off on February 26th at the London flagship location of Selfridges when they host “Urban Art” in conjunction with auction house Dreweatts. Banksy collectors will surely be keeping a close eye on these two lots to see how prices hold up during this global economic crisis. “No Ball Games,” measuring 91 x 91.5 cm, carries an estimate of £30,000-60,000. The similarly sized “Go Flock Yourself” is estimated to fetch between […]

Benefit: Street Art Awards x SHP Auction

Some interesting charity auctions are ending soon benefiting SHP (Single Homeless Project), a London-based charity working with people who are homeless or at risk of homelessness. If you recall, various street/urban artists donated some originals painted on records during the Street Art Awards last year, including Matt Small (above), Know Hope, SPQR, Grafter, Holly Thoburn, Rene Gagnon, Guy Denning, Case, and Dale Grimshaw.  More images after the jump.

Benefit: Herakut @ Phillips de Pury

Herakut (interviewed) will be participating in a benefit auction for the charity War Child (viewing March 10-12, auction March 14) with Phillips de Pury. Not only will the canvas “You Sure?” be up for bidding, but there will also be other works on display (in progress) pieces showing the level of completion of a single piece. If you would like to meet Herakut, they are slated to be at the reception (March 10) to discuss their work. A picture of the sketch after the jump.

Lehman Brothers to sell art collection

We’ve all heard of the unfortunate events to hit the economy in recent months with major financial investment firms going bankrupt and many assets falling to zero. Apparently these major financial firms have been some of the biggest investors in the art world. Recently, Lehman asked a bankruptcy judge to approve a 20k payment to its art handlers in order to start showing their collection to potential buyers. Lehman needs sell off part of art collection to raise at least 8 million dollars. It seems that […]