Wade GUYTON (1972)

Fridays are the Best!Every other Friday, Artprice offers you a themed auction ranking. This week, the leader of information on the Art Market discusses the most costly auctions of 2014 at the Phillips auction house.

New York’s prestige sales of Post-War & Contemporary Art on May 13 and 14 generated more than a billion dollars. Christie’s largely overshot its estimates with remarkably strong results.

Every fortnight Artprice presents a theme-based auction ranking. This week: the 10 best auction results for artists under 40.

Flouting the generally unfavorable economic mood, this year’s autumn sales in New York managed to post a new all-time high. Far more buoyant than the Impressionist and Modern Art sales a week earlier, the Post-War & Contemporary segment once again posted the better results: proof that nothing seems capable of undermining the vitality of this safe-haven market.

On 7 March 2012, Christie’s in New York held a major Contemporary Art sale. The catalogue contained 252 lots of which 78% sold (196) generating $8.7m in revenue.