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Top related persons:
Francis Bacon's - 2 Robert Frank - 1 Phillips - 1 Paul Allen - 1 Brooke Lampley - 1 Buyers - 1 Sellers - 1 Philip Hoffman - 1
Top related locs:
— Gagosian Wall Silicon Cyprus London Ukraine Britain
Top related orgs:
Sotheby's - 1 Fine Art Group - 1 CNBC Dealers - 1 CNBC - 1 Guardian - 1 Service - 1 The Guardian - 1 Goldsmiths - 1

Search resuls for: "Francis Bacon's"


3 mentions found


☆ An art market full of cracks is about to face a $1 billion test
  + stars: | 2024-05-10 | by ( Robert Frank | ) www.cnbc.com   time to read: +4 min
Art auction sales at Christie's, Sotheby's and Phillips over the next two weeks are expected to total $1.2 billion, down 18% from a year ago and nearly half the total for the May 2022 sales, according to ArtTactic. It extends a recent decline for the art market from its post-Covid peak, when cheap money, a booming stock market and fiscal stimulus saw record sales. It's the buyers showing up and what the work will sell for that will define our perception of the art market right now. Price pressuresDealers and art experts say the auction art market is stalled over price, with sellers not willing to get a lower price than they might have gotten at the peak of the market in 2021-2022. "The question they're asking is, 'Should we buy in to the art market right now?'"
Persons: Robert Frank, Phillips, Paul Allen, Brooke Lampley, Buyers, Sellers, Philip Hoffman, CNBC's Robert Frank, Andy Warhol, Jean, Michel Basquiat, Crystal Lau, Andrew Fabricant, It's, Hoffman, Francis Bacon's, George Dyer, Bacon, Dyer, Michel Basquiat's Organizations: Sotheby's, Fine Art Group, CNBC Dealers, CNBC Locations: —, Gagosian
☆ Roman Abramovich and ex-wife Dasha Zhukova amassed a 'stupendous' art collection worth almost $1 billion, leaked documents reveal
  + stars: | 2023-09-23 | by ( Polly Thompson | ) www.businessinsider.com   time to read: +4 min
Roman Abramovich and his ex-wife have an art collection worth close to $1 billion, leaked documents revealed. Works by Freud, Hockney, and Picasso are among the 367 items in the collection, The Guardian reported. Before oligarchs' assets were seized by the UK last year, Zhukova took majority control of the collection. Filip FilipovicAbramovich was among seven Russian oligarchs sanctioned by the UK in March last year. His assets, including Chelsea soccer club, were frozen and his $700 million superyacht, on which pieces from the art collection are believed to be displayed, was seized.
Persons: Roman Abramovich, Freud, Hockney, Picasso, Zhukova, Dasha, OCCRP, Monet, Andrew Renton, Francis Bacon's, Abramovich, Lucian Freud's, Cate Gillon, Vladimir Putin's, Putin's, Filip Filipovic Abramovich, Meritservus Organizations: Guardian, Service, The Guardian, Goldsmiths, University of London, Chelsea soccer, Government Locations: Wall, Silicon, Cyprus, London, Ukraine, Britain
☆ Cezanne, Seurat works headline $1 bln sale from late Microsoft co-founder's estate
  + stars: | 2022-10-14 | by ( ) www.reuters.com   time to read: +2 min
Described as "the sale of this century" by auction house Christie's, the collection of more than 150 pieces spans 500 years of art history from Sandro Botticelli to David Hockney. Register now for FREE unlimited access to Reuters.com RegisterChristie's Global President Jussi Pylkkanen said he expected overall proceeds "well in excess of $1 billion." Allen, who together with school friend Bill Gates started Microsoft in 1975 before leaving the software company several years later, died in 2018, aged 65. Hockney's "Queen Anne's Lace Near Kilham" has a price estimate of $8 million-$12 million and Alberto Giacometti's sculpture "Femme de Venise III" $15 million-$20 million. Register now for FREE unlimited access to Reuters.com RegisterReporting by Marie-Louise Gumuchian; editing by John StonestreetOur Standards: The Thomson Reuters Trust Principles.
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