A new exhibition, Abstract Expressionism, opens at London’s Royal Academy this weekend. It is the first major survey of the movement since 1959. Abstract expressionism is often considered the first artistic movement to shift the centre of Western art from Europe to the US, and more precisely New York. But what is it, and how
European artists enjoyed a record-breaking year at auction in 2015.Photo: Yahoo News The global art market remained strong and buoyant in 2015. Boosted by record-shattering auction sales and new buyers from emerging markets, it has been an exciting year for auction houses, dealers, and collectors. According to data from artnet’s Price Database, European artists have had an
Alberto Giacometti, Chariot (1951-1952) sold at Sotheby’s New York on November 4, 2014, for $100,965,000. Francis Bacon, Three Studies for a Portrait of John Edwards (in 3 parts) (1984) sold at Christie’s New York on May 13, 2014 for $80,805,000. 3. Amedeo Modigliani, Tête (1911-1912) sold at Sotheby’s New York on November 4, 2014, for