New York’s November Auctions Mark a Return To Billionaire-Level Art Prices
Christie’s, Sotheby’s, and Phillips are back to selling large groups of artworks priced above $15 million.
Cecily Brown’s Spree, from 1999, will be offered as part of the Douglas Cramer collection at Sotheby’s.
Source: Sotheby's
During the height of the Covid pandemic, big-ticket art transactions were mostly conducted in private.
Behind closed doors, Sotheby’s reportedly sold a Giacometti bronze for more than $90 million, while Christie’s is said to have sold sold a Frida Kahlo painting for more than $130 million.