Art Investment

Online-торги Sotheby's showed a record result among Internet-аукционов

a week after the successful auction of contemporary art in Hong Kong, another auction of Contemporary Art Sotheby's, but in London reached a record for the auction house as a result of £5.1 million, or $6.4 million, This figure looks even more impressive when you consider that the previous record figure — $4 million from sales collection of designer pieces of furniture last month — were exceeded by more than half.

Of the 105 lots in the catalogue sold 95 (88 %), and more than half of them went to new owners at prices higher than the upper limit estimate. Not surprisingly, the final result exceeded the expected £4.6 million ($5.7 million).

special attention deserves the fact that the auction was attended by representatives from 36 countries, and one third of them — new clients of the auction house.

in Addition to the record for online-торгов the total result, this auction was also the most successful of when-либо held in London (offline or online) themed auction of Contemporary Curated and showed the highest final result for art works when-либо sold at public online-торгах.

the Record was the work of artist George Condo "Antipodal reunion (Reunion Antipodal)", created in 2005 and over 8 steps reached a hammer price of £1,035 million ($1.3 million) with the launch of the £800 thousand at the upper bound estimate (this means that the work has been and absentee rates).

According to the database of auction results Artnet''s Price Database, the revenue online-торгов more than 20% above the numbers last year and 63 % — last month. Probably this record will last for long and the figures of the total scores online-торгов will continue to rise.

Source: news.artnet.com


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