However, the lack of cyber security puts these approximations into question. Online bidding will be accepted in these three upcoming auctions, but it still raises concern for those who are shelling out cash as this is not the first time Christie's has experienced this kind of issue. In September, an online data breach exposed the specific GPS coordinates of 10 percent of the artistic works that collectors had uploaded for review.
Despite this, the 2024 art market, which has yet to find its footing compared to 2022’s $2.8 billion peak, still holds hope. The 21st Century Evening Sale, also taking place on May 14th, expects to earn more than $100 million. A piece by late New York artist Brice Marden, titled Event (2004–7), is thought to bring in around $50 million, with Jean-Michel Basquiat’s The Italian Version Of Popeye Has No Pork In His Diet (1982) more than $30 million.
Two days later is the 20th Century Evening Sale, believed to make the auction house somewhere around $500 million. Led by Vincent van Gogh’s Coin de Jardin avec papillons (1887), and Monet’s Moulin de Limetz (1888), the 64 lots will be some of the most important sales of the season.
