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LIV Mag_Vol 2_Issue 3_A Unified Commitment

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  • 8 livsothebysrealty.com

    HOW SOTHEBYS UNWAVERING DEDICATION TO QUALITY HAS HELPED DISTINGUISH ITSELF AS A VISIONARY LEADER ON THE GLOBAL BUSINESS STAGE | By Brittanny Havard

    othebys Auction House and Sothebys International Realty share an unwavering commitment to the very highest level of

    quality, not only representing the worlds finest possessions, but also, the walls that house those possessions. By better understanding the bond that unites the Sothebys Auction House and the Sothebys International Realty brand, consumers are able to make better buying and selling decisions, no matter the product, and have the confidence they are being represented by one of the most storied names on the global business stage.

    A BRIEF HISTORY:THE SOTHEBYS AUCTION HOUSE While many people across the globe are familiar with the Sothebys name, what about the brands heritage? Few people know that the venerable auction house they know today began with the sale of several hundred valuable books auctioned off by London bookseller and Sothebys founder, Samuel Baker on March 11, 1744. The history of Sothebys expanded well beyond books to include the finest in decorative arts, jewelry sales, and fine wine, and is defined by extraordinary auction

    moments that continue to capture the worlds attention today. Since 1744, Sothebys has distinguished itself as a leader in the auction world. Its auctions are conducted in salerooms in London, Paris, Zurich, Milan, and museum-quality galleries in New York and Hong Kong. Season after season, the variety and excellence of Sothebys offerings have produced record-breaking sales. Historically, Sothebys has been entrusted with the sale of many of the worlds greatest treasures, amongst them including: the Estate of Mrs. Jacqueline Kennedy Onassis,

    S

    Sothebys International Realty

    A Unified CommitmentSothebys

    Auction House &

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    the Duchess of Windsors jewels, Rembrandts Aristotle Contemplating the Bust of Homer, Rubens Massacre of the Innocents, Picassos Garon la Pipe, Bacons Triptych, the Magna Carta, the first printing of the Declaration of Independence, The Martin Luther King Jr. Collection, and countless more. Sothebys has long recognized that great works of art, as well as the collectors interested in buying and selling them, inhabit the globe, which inevitably led to the brands introduction to real estate, establishing Sothebys International Realty in 1976.

    A UNIQUE COLLABORATION The Sothebys International Realty network benefits from a unique relationship with Sothebys Auction House, specifically in regards to exclusive marketing efforts available to affiliates. A variety of programs are available to help Sothebys International Realty sales associates capitalize upon these opportunities on a daily basis.

    At the Sothebys Worldwide Headquarters in New York, a Sothebys International Realty brand desk can be found in the lobby. The desk serves as the first point of contact for Auction House clientele and employees and acts as a bridge between Sothebys International Realty brand offices around the world and this key audience. An eGallery and brochure wall displays Sothebys International Realty properties from around the world, with similar displays emulated at Sothebys auction houses worldwide, offering unparalleled global exposure. An added benefit of the relationship between the Sothebys International Realty brand and the Auction House is the availability of behind-the-scenes tours of Sothebys Auction House that are available to Sothebys International Realty agents and clients, allowing a rare glimpse into the inner workings of how auctions function. These tours educate real estate brokers and their clients about the entire process of getting some of the worlds most prized and beautiful objects to auctionoutlining the total cataloguing, exhibition, and sale process. Today the Sothebys Auction House maintains 80 locations in 40 countries and conducts 250 auctions annually in over 70 categories, with the opportunity for Sothebys International Realty affiliates to have a live presence at some of these world-renowned auctions. In addition to Sothebys four principal salerooms in New York, London, Geneva and Paris, the company, recognizing the potential in new markets, also conducts auctions in six other salerooms around the world, including Hong Kong.

    Contemporary Art Evening Sale17 November 2016 | 7:00 PM EST | New York

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    A JOURNEY TO HONG KONG Hong Kong is a key market for both art and real estate. Sothebys was the first international auction house to launch in Asia, establishing both an office and holding an inaugural auction in Hong Kong in 1973. The city has since become central to Sothebys involvement with the Asian art market. Most recently, at the Sothebys Hong Kong Autumn 2016 Sales Series that took place September 30October 5, 2016, a large group of brokers from Colorado real estate firm, LIV Sothebys International Realty, traveled to Hong Kong to connect with Sothebys Auction House clients and Sothebys International Realty brokers to promote the state of Colorado and many of the firms luxury properties for sale. At the auction, exceptional objects encompassing Chinese Works of Art, fine Classical Chinese Paintings, Contemporary Ink Art, Modern Asian Art, Contemporary Asian Art, Modern Contemporary Southeast Asian Art, Jewelry, Watches and Wine went under the hammer at the Hong Kong Convention and Exhibition Centre, and LIV Sothebys International Realty was positioned at the epicenter of it all. With approximately 10,000 people, or nearly 10% of newcomers relocating to, or investing in, the metropolitan Denver

    and Colorado Front Range real estate market each year from international areas, including Asia, the opportunity to connect more closely with this increasing segment of LIV Sothebys International Realtys growth was invaluable. Not only were life-long connections made, but LIV Sothebys International Realtys first Mandarin Chinese edition of LIV Magazine, featuring the companys most distinctive listings, was distributed to Sothebys clients and brokers participating in the Hong Kong auction (pictured below). As a result of this strong partnership and shared history, Sothebys International Realty brokers are positioned to maximize exposure to international markets including Hong Kong, and have the ability to strengthen important relationships helpful to successfully marketing unique, luxury properties in Colorado for valued clients.

    RECENT SALES OF SIGNIFICANCE While each Sothebys auction is unique, there are a select number of annual sales that truly stand out among the most notable Sothebys art, jewelry and wine sales of the season. Blending true artistic significance, rich and diverse heritage, and a level of interest so high that it captivates audiences across the globethese are the sales that make history when they go under the hammer, and the sales that embody the extraordinary nature of the Sothebys auction house. Recently, considered among some of the most elite sales within the Sothebys art family were the Impressionist & Modern Art Evening Sale and the Contemporary Art Evening Auction in New York, the Sothebys wine sale that featured Bollinger Champagne in New York, and the Magnificent Jewels and Noble Jewels exhibition that took place in Geneva.

    Ni Can, Landscapes After Song MastersInk and color on silk, 1764-1841Sold $17,731 USD10 livsothebysrealty.com

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    ART On November 14, 2016 the venerable Impressionist & Modern Art Evening Sale took place in New York, auctioning off a selection of late 19th and early 20th century avant-garde works. From world-renowned Impressionist paintings to iconic sculptures by Pablo Picasso, the evening offered a selection of dynamic works from some of the most well-known Impressionist and Modern Artists in history, with top sales including Edvard Munchs 1902 masterpiece, Pikene p broen (Girls on the Bridge), leading the sale at $54.5 million, over $20 million more than its 2008 auction price. This sale was not the first time Munchs Girls on the Bridge took center stage at auction, having twice set an auction record for the artist at Sothebysfirst in 1996, when it sold for $7.7 million, and again in 2008, when it sold for $30.8 million. Following The Scream, which sold at Sothebys New York in 2012 for $119.9

    millionthe sale of Girls on the Bridge marks the second-highest auction price for any work by Munch. Equally impressive results were achieved at the Contemporary Art Evening Auction that took place on November 17, 2016 in New York. There, the art of major players within the Contemporary Art scene were auctioned, offering truly rare and prestigious examples of Abstract Expressionism, Pop Art, Minimalism and Postmodernism alongside various groundbreaking paintings and sculptures by the most influential Contemporary Art innovators of our time. The Sothebys Contemporary Art Evening Auction in New York totaled $276.6 million in sales with artist, Gerhard Richters A B, Still earning $34 million, along with frenzied bidding for Andy Warhols Self-Portrait (Fright Wig), which achieved $24.4 million, the highest total sale for a work by the artist that week.

    Pictured above, clockwise from upper left:

    Pablo Picasso, Le Peintre et son modleOil on canvas, 1963Sold $12,906,000 USD

    Edvard Munch, Pikene p broen (Girls on the Bridge)Oil on canvas, 1902Sold $54,487,500 USD

    Pablo Picasso, Tte de femmeBronze, 1951Sold $8,450,000 USD

    Gerhard Richter, A B, StillOil on canvas, 1986Sold $33,987,500 USD

    Willem de Kooning, Untitled XXXIXOil on canvas, 1983Sold $9,800,000 USD (record for artist)

    Andy Warhol, Self-Portrait (Fright Wig)Acrylic and silkscreen