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Other posts By: 1stAngel
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My name is Elizabeth Edwards and I started the Arts Magazine as a personal blog just to show off my art....it grew! I live in Manchester, UK, with my fiance Robin, a sculptor, and a mad floppy eared GSD. Thank you for visiting. |
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Record prices mark art sale boom
A sale of Impressionist and Modern Art fetched more than than $180m (£108m) at an auction house in New York, marking an unexpected boom in the market.
Top of the lots was a bronze sculpture by Italian artist Alberto Giacometti which fetched more than $19m (£11.4), soaring above a $12m (£7.2m) estimate.
Artwork by Picasso and Kandinsky also fetched more than $10m (£6m) apiece.
“This was a real shot in the arm for the art market. It was a real vote of confidence,” said Sotheby’s Simon Shaw.
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Tags: 2m, 6m, Alberto Giacometti, Art Market, Artwork, Auction House, Boom, Bronze Sculpture, Impressionist Art, Italian Artist, Kandinsky, Modern Art, picasso, Shot In The Arm, Simon Shaw, Sotheby S, Vote Of Confidence
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