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Sotheby's spring auction in London a digital date, will go for online bidding

Sotheby's and Christie's 20th Century spring auctions sales usually occur at the same time.

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Last Updated: Jun 02, 2020, 05.58 PM IST
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The auction, its first without an audience for an event of this magnitude, will be broadcast live on the internet.
The auction, its first without an audience for an event of this magnitude, will be broadcast live on the internet.
NEW YORK: Sotheby's big spring auctions, which generate billions of dollars in sales, will be held remotely and without an audience this year because of coronavirus, the auction house giant announced Friday.

With New York City yet to move out of its lockdown, Sotheby's said it will hold its modern and contemporary art sale on June 29 in London instead.

The auction, its first without an audience for an event of this magnitude, will be broadcast live on the internet, with bidders able to call Sotheby's specialists in New York, Hong Kong and London or bid online.

"In my nearly 30 years in the market... it's never happened this way but neither has this pandemic," said Amy Cappellazzo, chairwoman of Sotheby's fine art division.

"But thankfully we are fully equipped with exceptional technology to allow such things to happen in ways that they could never happen 5, 10, 15 years ago," she added.

Highlights are set to include Francis Bacon's "Triptych Inspired by the Oresteia of Aeschylus," which is estimated to fetch over $60 million.

Clyfford Still's "1947-Y-No.1" is estimated at between $25 million and $35 million.

Sotheby's and Christie's 20th Century spring auctions sales usually occur at the same time, but Christie's announced earlier this month that it would hold its sale on July 10 this year.

It’s A No-Show for Met Gala, Cannes & IPL In 2020

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Cancelled And How!

21 May, 2020
The Covid-19 pandemic has been wreaking havoc on humanity and has brought the world to a screeching halt. From leading a global economic slowdown to locking up the global population indoors, needless to say, its effects will be felt for years to come.The pandemic has also led to the cancellation and postponement of several high-profile events, including award shows, film festivals and sporting events around the world.From the iconic Cannes Film Festival which was cancelled for the first time in history since World War II to the Met Gala being put on hold, here’s a list of all the events that are a no-show in 2020.
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