On the opening day of
@friezeofficial
in Seoul, I thought I'd share my profile of the guy who inspired the new generation of Asian collectors
#TTTOP
#FriezeSeoul
Just in: Yuki Terase, head of
@Sothebys
contemporary art in Asia and a major force with clients like Maezawa and T.O.P., is leaving the company. Big loss.
And here's the whole thing, guys! First interview in years: How K-Pop Star Choi Seung-hyun (Better Known as
#TTTOP
) Turned a Generation of
#Music
Fans Into
#Art
Aficionados
"32-year-old who earns $250,000 a year, with $100,000 saved and a 20 percent savings rate, can comfortably afford a two-year trip costing $3,000 a month—assuming they keep the same salary and savings rate after the trip"
@bensteverman
“I was the underbidder 30 years ago for this picture, and I didn’t want to miss it this time,” said Eduardo Constantini, who prevailed in a 10-minute bidding war for Leonora Carrington
@Sothebys
Swizz Beatz scored an amazing panting by Lynette Yiadom-Boakye tonight at Sotheby’s for $555,000 It’s time for us to buy more of us,” he said.
#blackart
#power
#artmarket
Just 3 years after this painting sold for what seemed like a huge amount of $1.3 million - and then self-destructed - it proved to be a brilliant investment. Sold at 16 mil pounds
Monet’s haystack hammers at $30 mil after very slow 4-way bidding war to loud applause - there used to be a time when no one blinked at $30 mil…. I guess it’s a different time
Got so excited that forgot to tweet: $195 mil people (with fees and just shy of the low est $200 mil) goes to where it cam from: Larry Gagosian who sold it to Thomas Ammann in the early 1980s from hi Chelsea space on West 23rd street
#warhol
#marilyn
@ChristiesInc
Scoop: This amazing Barkley Hendricks painting is entering the Museum of Modern Art collection, its first by the late artist. "It was just an unacceptable omission from the collection," says Ann Temkin,
#MOMA
chief curator of painting and sculpture
Collection of
#picasso
biographer John Richardson is heading to
@Sothebys
- but I wish someone turned his loft into a small museum, keeping everything intact
Steve Wynn had a lot riding on the three paintings consigned to Christie’s for sale this month, including his plan to start a new career as an art dealer via
@luxury
“It was a spontaneous purchase,” said the buyer of this Van Gogh. “It was a no-brainer.” He went for “Head of a Peasant” (1885), estimated at $1.5 million to $2.5 million, and ended up getting it for half that: $787,400.
@Sothebys
A $10 Million Kerry James Marshall Painting Is Pulled From Auction After Criticism - will return to its original home at the library in Chicago
#Bloomberg
Ai Weiwei designed house in upstate NY sold for $4.9 million - broker says it’s the only private residence by the artist, commissioned by investor Christopher Tsai.
Scoop: Japanese collector Yusaku Maezawa was the seller of Alberto Giacometti’s, Femme Leoni (1947), which hammered at $19 million. He paid $25.9 for it in 2020 at Sotheby’s. Unclear why he’d take a loss…
Scoop: Selling a Botticelli for a nearly $80 million profit would normally lead to $33 million capital gains tax bill. But the billionaire owner “Young Man Holding a Roundel” found a way around that.
@artrecovery
#artmarket
Somehow $7 million disappeared from the final Rothko price at
@Sothebys
Macklowe sale last night.
Hammer:$77.5 million
With fees: $89.3 million
Final price: $82.5 million
SOLD! First folio of Shakespeare's comedies, histories and tragedies just fetched $9.9 million, an auction record for a work of
#literature
. The Bard rules!
@ChristiesInc
What Happens When a Collector Promises to Donate an Artwork and Then Flips It at Auction Instead? It's Worse Than You Think - good story by
@the_gray_market
Flop: Sotheby's-owned
#Rothko
which once belonged to financier David Martinez and estimated at $25 mil to $35 mil failed to draw a single bid
#artmarket
This incredible Kerry James Marshall painting is heading for
#auction
record at
@Sothebys
in May as
#blackart
reclaims its place in art history on museum walls and in major collections - more on my podcast with Art Tactic
@ArtTactic
News flash: Changes at Sotheby's have begun as Michael Goss left his CFO post and Jean-Luc Berrebi, former CEO of Yafit, a Geneva-based family office, became new CFO
#sothebys
#merger
#drahi