May Auction Sales Set to Soar or Simmer?

  • Paul Cezanne, Joueur de cartes, watercolor on laid paper, 18 5/8 x 12 in.  (46.7 x 30.5 cm.) Painted in 1892-1896.

    Paul Cezanne, Joueur de cartes, watercolor on laid paper, 18 5/8 x 12 in. (46.7 x 30.5 cm.) Painted in 1892-1896.

    Christie's

As May draws closer, media reports surrounding the first round of major modern and contemporary art sales at Christie’s and Sotheby’s are focusing on whether the top lots will push the auction market to new levels.

So-called blockbuster artworks are grabbing headlines, with Edvard Munch’s “The Scream,” which some expect to exceed its $80 million estimate to bring an all-time record price for an artwork, leading Sotheby’s Impressionism and Modern sale. A rediscovered Cézanne watercolor is featured at Christie’s.

Perhaps eclipsed by the Munch and Cezanne are stunning works on offer by Joan Miro and Salvador Dali, as well as paintings by Picasso, Leger, Gauguin, and several Gerhard Richters. 

Forbes columnist Abigail Esman speculates on whether the reality will live up to all the hype, and whether or not the competition might work against the art market.

More News Feed Headlines

Roy Lichtenstein's The Ring

Auction Series Could Hit $2.5 Billion Estimate

  • May 05, 2015 16:03

Impressionist, modern and contemporary art hitting New York auction blocks could bring a record ...

Read More

Protest at the Guggenheim (Global Ultra Luxury Faction/Gulf Labor)

Protesters Shut Down Guggenheim During May Day Occupation

  • May 03, 2015 23:15

A group of protesters occupied the Guggenheim Museum in New York City on Friday, causing the ...

Read More

Detail of an Edgar Degas sculpture, “The Little 14-Year-Old Dancer.”

Accused Fraudster in $11M Scam Gets Jail Time for Bullying Art Dealer

  • April 30, 2015 12:20

On Wednesday, U.S. District Judge William Alsup sentenced accused art thief Luke Brugnara to jail ...

Read More

The original Fragonard painting "Young Woman," on left, is hung next to a replica.

Few Museum Visitors Spot Fake Fragonard Painting

  • April 29, 2015 12:33

The UK's Dulwich Picture Gallery has revealed the identity of a "fake" painting hung in the ...

Read More

Related Press Releases

Related Events from ArtfixDaily Calendar

ArtfixDaily Artwire