Image: Pak. “This is an artist who has been producing digital art for decades, and we’re very excited to bring their work to market,” he added. Four lots went unsold and two were withdrawn before the sale’s start. Another Picabia, an image of Adam and Eve superimposed over a smiling face from ca. According to The Art Newspaper, last January, Max Moore, Sotheby’s co-head of the Contemporary Art Day Sale in New York, bought a Pak NFT but did not reveal the fate of the work. Pak declined to offer more details on the artworks to be auctioned. but did not reveal the fate of the work. The auction house has not yet responded to a request for more information about the work being auctioned. “This is no surprise as I designed my way, but then again I am excited to see the reception,” Pak told Decrypt via Twitter today. Reboot Ginevra pic.twitter.com/BWsjUVoKaY. It hammered at €2.8 million (€3.4 million with buyer’s premium, or $4 million)—three times its low estimate. Forty-two percent of the lots sold above the high estimate, 39 percent sold within their estimates, and just 6 percent landed below expectations. At least part of the artist’s appeal is down to the mystery which surrounds them, and the speculation that they may not even be a real person but a collective or even an AI constructed by a team of engineers. Christie’s sold an NFT by crypto artist Beeple for $69.3 million just last week—making it the third most expensive piece of art by a living artist sold at auction. The auctioneer pleaded with Hellman, saying, “I really need a final answer.” Eventually, she let the hammer down at €2.6 million, above the high estimate of €2.5 million ($2.9 million), giving it to Barker’s bidder for a final price of €3.5 million ($3.7 million) with buyer’s premium. Two phone bidders—one with Olivier Barker in London, the other with Etienne Hellman, Sotheby’s Paris senior director of Impressionist and modern art—went toe to toe for the work, in a protracted bidding spar that lasted several minutes. RM Auctions returned to the historic Auburn Auction Park (3 – 5 September) for its 50th annual Auburn Fall collector car auction. In December, Pak became the first crypto artist to earn more than $1 million for their work. 31) celebrates the production of historic objects, paintings and manuscripts from across a multitude of continents and over ten centuries. This “really has the potential to bypass a lot of the traditional gatekeepers and vetting processes of the physical world” he said—which is bullish news for the fledgling industry. “The last few weeks have been a great adventure for the art market in France, which has not seen a van Gogh of this calibre for a very long time,” said Claudia Mercier and Fabien Mirabaud in a joint statement following the sale. If you wish to make an appointment to pay an invoice or collect property, kindly email hkpostsaleservices@sothebys.com or call Post-Sale Services (+852 2822 5533) at least 24 hours in advance.For meetings with specialists, please contact the relevant department. On Thursday in Paris, ahead of a marquee cross-category auction, Sotheby’s held an Impressionist and modern art evening sale that brought in a … It had generated attention because in 2018, a Paris appeals court ruled that collectors Bruce and Robbi Toll must return gouache to the heirs of Simon Bauer, the original French-Jewish owner of the work, from whom the painting was seized during World War II. Auguste Rodin’s bronze sculpture of a seated embracing couple, Le Baiser, cast in 1904, hammered at €780,000, above the high estimate of €600,000 ($400,000). On Thursday in Paris, ahead of a marquee cross-category auction, Sotheby’s held an Impressionist and modern art evening sale that brought in a total of €36.5 million with premium ($43 million). “That is the mystery partly out of my control. Estimated at €5 million–€8 million ($5.9 million–$9.4 million), it was initially sold as the sixth lot at the beginning of the sale and reached a high hammer price of €14 million ($16.5 million). Our agents strive to deliver real estate experiences beyond expectations to enhance the lifestyles of our clients. The auction house’s interest in the artist’s work goes back to earlier this year when it expressed interest in a Pak NFT called “The Gift,” which its anonymous creator later gifted to Sotheby’s, as “they were the first,” according to Pak. But also on offer are “open editions in the NFT world, where many people can buy tokens for the same work.” He promised more surprises over the coming weeks. Sotheby’s Institute of Art-New York is based in one of the most vibrant global art cities with thousands of auction houses, blue chip and emerging galleries, world class museums, art fairs, artists’ studios, private collections, art technology companies, and arts foundations and nonprofits. 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