Auction house Christie’s has announced plans to change its structure to “reflecting evolving market demand and the collecting habits of clients” Its Impressionist and Modern department will be merged with the Postwar and Contemporary department in a new hybrid sector called “20/21,” or “20th and 21st Century Art.” The decision is seen as a sign that auction houses are being forced to make changes to reflect the current state of the market both in terms...
A bespoke painted enamel panel created by American pop artist Roy Lichtenstein is coming up for sale with an estimate of $900k-$1.2m at the Contemporary Art Sale day at Sotheby’s New York. The work, Composition, was commissioned in 1969 by the late playboy art collector Gunter Sachs for his then wife, the French model and actress Brigitte Bardot. Previously exhibited in Hamburg, Munich and elsewhere, the piece in porcelain enamel on metal measures 24 by 771⁄2...
