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ArtMarketInsight

Every fortnight, Artprice provides a short round up of art market news.

Every fortnight Artprice provides you with a new or updated ranking in its Alternate-Friday Top Series.The theme of today’s TOP article is the Top 10 auction results recorded in sculpture.

The international art market has never performed so well. The figures are record-breaking!

In 2005 the turnover for Fine Art sales exceeded USD 4 billion, vs. USD 3.6 billion the previous year, despite a practically stable volume of 320,000 lots.This incredible progression came on the back of a price increase of 10.4%* last year, following on from the 19% rise already recorded in 2004. This price inflation translated into a multiplication of sales exceeding USD 1 million

In New York, after the success of the impressionist and modern art sales, the auction world has again been rocked by record sales, this time of contemporary art at Christie’s and Sotheby’s. In total, the two evening sales generated USD 272 million, including USD 21,250,000 for Cubi XXVIII, a monumental sculpture by David SMITH. Created in 1965 and measuring almost 2.8 metres in height, the work had been estimated by Sotheby’s at between USD 8 and 12 million.

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David SMITH (1906-1965) es un artista nacido en 1906 El remate más antiguo catalogado en el sitio web es un(a) dibujo acuarela vendido/a en 1984 en Sotheby's, el más reciente siendo un(a) pintura vendido/a en 2020. Las cotizaciones y los índices del artista establecidos por Artprice.com se basan en 445 remates. Especialmente: pintura, grabado, escultura, fotografia, dibujo acuarela, cerámica.