Tag Archives: Christie’s

The art market is hot hot hot

The art market is very hot right now and the heat makes collectors very confused with a little bit of a headless chicken look and feel. There is a “gold rush” kind of feeling at both American and British auctions ,in the last few months things have been crazy! The economy in the states and in London is going well and investments are flying everywhere.

People were afraid to buy art until recently, but now it’s great time to do so, mainly if you are an Asian millionaire who wants to save his money and invest your dollars somewhere out of Asia. In the first years after the economic crash collector’s world changed and lots of art works, memorabilia and classic cars were auctioned in very low prices so the best thing in this kind of market was to find great bargains on post war items. Now it’s time to sell those and make the profit, or buy now before the prices will get much higher.

Andy Warhol (American, 1928–1987) Double Elvis

Andy Warhol (American, 1928–1987)
Double Elvis

The wind of change started blowing last year and by early 2014 the figures started to roll upwards. Last week Christie’s were offering 72 lots with the overall sale estimated in the region of $500 million. At Sotheby’s the situation is the same with lots of more than $10 millions each, including Francis Bacon’s “Three Studies for a Portrait of John Edwards (1984)” for about $75 million.

The  volatility of stocks and other economic tools combined with the fact that there are a few new millionaires after the economic crash, makes the players invest their money in real estate (check the blooming London real estate market) and in masterpiece art.Famous works of art, artistic masterpieces of well known artists, are leading the price chart of the art industry, which in turn, make the whole art market better, even for up and coming artists.

This only shows how important the art world is and that you can never know how much the art work you just bought from an emerging artist will be worth in 20 years.

Invest in art! Click here for the fine art section at The Dina Collection.

 

 

Jeff Koons HOT Dogs at Christie’s and The Dina Collection

Jeff Koons - Balloon Dog (Orange) at Christie’s

Koons Balloon DogOn November 12th, Christie’s Post-War and Contemporary Art Evening Sale will offer Jeff Koons’s Balloon Dog (Orange), one of the first of the Balloon Dogs to be fabricated, and one of the most recognizable images in today’s canon of art history. This monumental work, with its flawless reflective surface and glorious color, is the most beloved of all contemporary sculptures.

Balloon Dog (Orange) is signed and dated ‘Jeff Koons 1994-2000′ (on the underside), made of mirror-polished stainless steel with transparent color coating, measures 121 x 143 x 45 in. (307.3 x 363.2 x 114.3 cm), and is one of five unique versions (Blue, Magenta, Orange, Red, Yellow). Christie’s estimates it will sell for a whopping $55 million dollars! Now that’s one hot dog!

This spectacular piece of art has graced the rooftop of New York’s Metropolitan Museum of Art, Versailles Palace outside Paris, and Venice’s Grand Canal. The gigantic Balloon Dog creates an illusion of weightlessness and is an example of Koon’s highly desired and acclaimed Celebration Series, begun in the early 1990s. According to Christie’s the series evolved from Koons’s desire to recreate the ecstatic experiences of a child’s enjoyment of the world with universal signifiers.

Greenwich collector Peter Brant acquired Balloon Dog (Orange) in the late 1990s. He also owns the foremost private collector of works by Andy Warhol and Jean-Michel Basquiat. Proceeds from the sale of Balloon Dog (Orange) will be used to help fund future activities of The Brant Foundation Art Study Center in Greenwich, CT.

Jeff Koons – Puppy Vase at The Dina Collection

Koons Puppy Vase

Christies isn’t the only one offering a beautiful piece of Jeff Koons art. Right here at The Dina Collection we have an original Jeff Koons Puppy Vase. Released by Gagosian in 1998, the porcelain Puppy Vase (a vase depicting a West Highland White Terrier) was signed and numbered by the artist, it had a limited run of 3,000 pieces each originally priced at $7,500.

The Puppy Vase was an homage to Koons’s 1992 giant puppy sculpture, a 43 ft (13 m) tall topiary sculpture of a West Highland White Terrier puppy, executed with over 20 thousand  flowers on a transparent colour-coated chrome stainless steel substructure. The giant floral puppy sculpture also graced the grounds of Peter Brant’s home in Connecticut.

Koons considers the Puppy Vase to be “A symbol of love, warmth, and happiness.” We consider the Puppy Vase to be absolutely adorable and a must have! It makes us smile every time we look at it, even without flowers in its well. Available now call us today for pricing.

For more information on the Puppy Vase please call us at The Dina Collection at (310) 888-8888. For more information on Christie’s Balloon Dog (Orange) auction please visit christies.com.

Kate Moss Up for Auction

Kate Moss Auction

One of our all time favorite supermodels (and we mean SUPER) Kate Moss is putting a collection of art up for sale through Christie’s Auction House. Want to know the best part? All the pictures are of Queen Kate herself!

Hailed as the ultimate fashion muse this is going to be one HOT auction. Philippe Garner, director of photographs at Christie’s, said Kate was ”delighted” to be told she was starring in her own show although she was “slightly bewildered to see herself turned into works of art being presented in Christie’s auction house.”

“She can see pictures she knows just as sheets from a magazine turned into full works of art.”

Kate MossThe show consists of 58 artworks of Ms.Kate including photographs by renowned artists like Annie Liebovitz, Sam Taylor-Wood and Mario Testino. Curated by art collector Gert Elfering, the sale will feature a mixture of photographs, paintings, sculptures, collages and even a tapestry. ”I am pleased to be working with Christie’s once again, on this occasion to celebrate the living icon Kate Moss,” said Elfering. “She is the subject and inspiration for this collection, but the importance of the present works is in her collaboration with the internationally renowned artists who created them. She has altered perceptions for women across the globe, encouraging them towards greater individuality and expressive freedom.  There is so much you can learn from Kate – how you should always remain true to yourself, develop your own style, and emphasize your individuality.”

The sale will take place on September 25 and the public will be able to visit the collection at Christie’s in London from September 21 until September 24. This is a MUST SEE people! So who’s lending me their private jet?