New York auctions: trust is good, guarantees are better

The signal effect emanating enjoyed by the New York auctions of impressionist, Modern and time, is the international houses almost painfully aware of. If in the next two weeks to Los Los multi-million-Dollar-amount comes under the Hammer, it will turn out, how big is the appetite of the mega-collector is currently actually. Quality always sold well, so it is, and the is delivered. However, all the companies had to reach deep into the pockets to secure top-of-the-free-sale guarantees and in the case of only a single ticket in the upper two-digit million range, the target sales are significantly behind those of past years.

The traditional evening auctions Sotheby’s and Phillips, on 29. June and on 2. July. Christie's is a special path under the title "One" that afterwards, on 10. July will take place. The Covid-19 situation that requires new formats. All three companies have invested huge sums of money in digital technologies to bring the art and the atmosphere of the auction room closer to your customers from the virtual tour of the New York exhibition spaces which you can visit by appointment, up to the lavishly produced broadcast of the hall of the auctions, in a limited number of visitors, with a view to the phone banks, the specialists, and on screens switching employees to other locations.

Sotheby's holds its evening events with impressionist and Modern, as well as time enjoyed in a day, because the offer is smaller than usual. You are still self-aware for months that they were in contact with interested parties. The offer impressed, considering the difficulties in the acquisition of travel restrictions. However, Sotheby's had secured’s larger collections from high-profile collections already to the beginning of the year for the originally in may, the scheduled auctions. The evening begins with the separate auction of eight to ten works from the collection of Ginny Williams, led by the painters of Abstract expressionism, Joan Mitchell, Lee Krasner and Helen frankenthaler. This auction is guaranteed the minimum turnover of 35.9 million dollars in guarantees. Until the end of the year s will bring Sotheby's a total of 450 works from the collection Williams under the Hammer. The evening offer of contemporaries includes thirty Lots with a Gesamttaxe 171.4 up 239,1 million dollars. Together with the collection, Williams 207,3 to 290,8 million dollars should be recorded. Last year, Sotheby's to put on the appropriate evening of the auction with 56 Free 341,8 million dollars.