Christie's in the context of "Groupe Artémis"

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⭐ Core Definition: Christie's

Christie's is a British auction house founded in 1766 by James Christie. Its main premises are on King Street, St James's in London, and it has additional salerooms in New York, Paris, Hong Kong, Milan, Geneva, Shanghai, and Dubai. It is owned by Groupe Artémis, the holding company of François Pinault. In 2022 Christie's sold US$8.4 billion in art and luxury goods, an all-time high for any auction house. On 15 November 2017, the Salvator Mundi was sold at Christie's in New York for $450 million to Saudi Prince Badr bin Abdullah Al Saud, the highest price ever paid for a painting.

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In this Dossier

Christie's in the context of Salvator Mundi (Leonardo)

Salvator Mundi (Latin for 'Savior of the World') is a painting attributed in whole or part to the Italian High Renaissance artist Leonardo da Vinci, dated c. 1499–1510. Long thought to be a copy of a lost original veiled with overpainting, it was rediscovered, restored, and included in an exhibition of Leonardo's work at the National Gallery, London, in 2011–2012. Christie's, which sold the work in 2017, stated that most leading scholars consider it an original work by da Vinci, but this attribution has been disputed by some leading specialists, some of whom propose that he only contributed certain elements; others believe that the extensive restoration prevents a definitive attribution.

The painting depicts Jesus Christ in anachronistic blue Renaissance attire, making a gesture of blessing with his right hand, while holding a transparent, non-refracting crystal orb in his left, signalling his role as Salvator Mundi and representing the celestial sphere of the heavens. Approximately thirty copies and variations of the work by pupils and followers of Leonardo have been identified; two are considered to have been produced during Leonardo's lifetime. Two preparatory chalk and ink drawings of the drapery by Leonardo are held in the British Royal Collection.

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Christie's in the context of Art world

The art world comprises everyone involved in producing, commissioning, presenting, preserving, promoting, chronicling, criticizing, buying, and selling fine art. It is recognized that there are many art worlds, defined either by location or alternative definitions of fine art. Some may use the singular art world to refer only to the elite level of globalized fine art. The art world(s) are continually changing in response both to the creativity of those that create art and in response to social change.

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Christie's in the context of Art market

The art market is the marketplace of buyers and sellers trading commodities, services, and works of art.

The art market follows an economic model that considers more than supply and demand; it is a market where art is bought and sold for values based not only on a work's perceived cultural value, but on its past monetary value as well as its predicted future value. The market has been described as one where producers do not create work primarily for sale. Buyers often have no clear understanding of the value of what they buy, and middlemen routinely receive compensation for sales of items they have never seen, to buyers they have never interacted with. Moreover, the market is not transparent; private sales data are not systematically available, and private sales represent about half of market transactions. In 2018, Robert Norton, CEO and co-founder of Verisart, noted that "Art is the second-largest unregulated market after illicit drugs and it's significantly overshadowed by fraudulent activity."

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Christie's in the context of Art sale

An art auction or fine art auction is the sale of art works, in most cases in an auction house.

In England this dates from the latter part of the 17th century, when in most cases the names of the auctioneers were suppressed. In June 1693, John Evelyn mentions a "great auction of pictures (Lord Melfort's) in the Banqueting House, Whitehall", and the practice is frequently referred to by other contemporary and later writers.

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Christie's in the context of List of most expensive paintings

This is a list of the highest known prices paid for paintings. The record payment for a work is approximately US $450.3 million (which includes commission) for the work Salvator Mundi (c. 1500) generally considered to be by Leonardo da Vinci, though this is disputed. The painting was sold in November 2017, through the auction house Christie's in New York City.

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Christie's in the context of Jean-Baptiste Regnault

Jean-Baptiste Regnault (French pronunciation: [ʒɑ̃ batist ʁəɲo]; 9 October 1754 – 12 November 1829) was a French painter.

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Christie's in the context of Breal's Silver Cup

Bréal's Cup is the trophy awarded to Spyros Louis, the Marathon winner at the first modern Olympic Games held in Athens, in 1896. The Cup was designed by French philhellene Michel Bréal, who had the original idea to include a Marathon race in the Olympic Games.

The Cup is made of pure silver. On the top part of the Cup there is the inscription "OLYMPIC GAMES 1896, MARATHON TROPHY DONATED BY MICHAEL BREAL". The remaining surface of the Cup had a relief decoration depicting birds and aquatic plants known to exist in the swamp lands of Marathon in ancient times. With this reference, Breal wanted to give the Cup a symbolic significance and connect the ancient Olympic Games with the modern ones. The Cup belongs to the Stavros Niarchos Foundation, which acquired it at an auction held on April 18, 2012 by Christie's in London. A delegation from the Municipality of Amarousion, the birthplace of Spyros Louis, attended and bid in the auction. The Cup was sold by the grandson of Spyros Louis, who has the same name.

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Christie's in the context of Edmond de Belamy

Edmond de Belamy, sometimes referred to as Portrait of Edmond de Belamy, is a generative adversarial network (GAN) portrait painting constructed by Paris-based arts collective Obvious in 2018 from WikiArt's artwork database. Printed on canvas, the work belongs to a series of generative images called La Famille de Belamy. The print is known for being sold for US$432,500 during a Christie's auction.

The name Belamy is a pun based on Ian Goodfellow, inventor of GANs. In French, "bel ami" means "good friend", which is an allude to Goodfellow's name.

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