Christie's Speculative Art Sale Sets 12 Records
On May 19, 1999, Christie's held the second edition of its new auction format, achieving twelve price records. The auction house bypassed traditional curatorial selection, instead choosing works by very young, trendy artists who had already proven themselves in established galleries and a few museums. Collectors, well aware that these artists might achieve posterity, were urged to correct their earlier mistake of not purchasing their work sooner.
Key facts
- The event took place on May 19, 1999.
- It was the second edition of Christie's new auction format.
- Twelve price records were set.
- Christie's selected works by very young, trendy artists.
- The artists had already proven themselves in recognized galleries and some museums.
- Collectors were urged to buy to avoid missing out on future value.
Entities
Institutions
- Christie's
Sources
- artpress —