Sotheby’s shared their 14 Memorable Moments from 2014. One highlight is Gerhard Richter’s monumental abstract canvas Wand (Wall), which sold for over $28M, the third highest price achieved for any painting by the artist. Sotheby’s auction sales for the first half of 2014 stand at $3.12 billion, the highest in the company’s history. Sales of Impressionist and Modern Art have grown by 21% as compared to the same period in 2013 (more at Art Market Monitor).
© 2019 Jeanie Craig, Art Collection Management & Art Appraisals, San Francisco Bay Area.