The international art market is in for a new record, as the auctions organized by Christie's and Sotheby's in New York, next month, are bound to break the psychological bareer of one billion dollars in sales. Some of the most important works that will be auctioned have been put together in a fabulous exhibition in London, in order for the collectors to see first-hand what they may have the chance of buying.
Among the best works are a study made by Francis Bacon, depicting the Pope Innocent X and a composition by Mark Rothko, which have an estimate of 70 million dollars. These are not the only important and valuable temptations which will be auctioned. The Impressionist sale, featuring works by Matisse and Cezanne, will - without a doubt - attract the collectors. For example an watercolour by Cezanne has an estimate of 8 million dollars, while a nude by Henri Matisse will most likely be sold for 20 million dollars.
The painting by Mark Rothko has been in the collection of US banker David Rockefeller, and has an estimate of over 40 million dollars. The paintings made by Jackson Pollock are also more and more in demand, two of those being offered for sale. It is highly unlikely still for Pollock to break the last year's record, when one of his paintings was bought for 140 million dollars.
In the end, Christie's hopes that the total sales will reach the sum of 545 million dollars, while their main rivals, Sotheby's, are hoping to sell works of art for 561 million dollars.
April 2007