Never have photography sales been so lucrative. New records were recently set at Christie’s, Sotheby’s and Phillips. The top lot from the various sales was Edward S. Curtis's portfolios (1868-1952): “The North American Indian” which fetched double its pre-sale high estimate at the incredible amount of USD 1.2 million.Of the three auction houses, Christie’s generated the highest revenue. From its three sales of photographs (10 to 12 October) – entitled respectively “The Gert Elfering Collection,” “Robert Mapplethorpe Flowers” and “Photographs” – Christie's generated USD 14.5 million. Of the total 409 lots on offer, 85% found buyers. The following major artists set new auction records at the Christie's sales: Richard Avedon (USD 464,000 with buyer premium), Irving Penn (USD 307,200), Robert Mapplethorpe (USD 352,000), Peter Beard (USD 192,000), Horst P. Horst (USD 216,000), as well as Henri Cartier-Bresson, Irving Penn and Brassaï.
These results illustrate the exceptional growth of the modern photography market. According to Artprice data, this segment's price index has risen 88% since October 2001. ( more details is under cut )

"It may be that the old astrologers had the truth exactly reversed, when they believed that the stars controlled the destinies of men. 



"In the 16th century artist and sculptor Giambologna needed 11 years to cut a sculpture from the boulders in the Medici gardens near Florence – a giant holding the head of a water-spouting monster under the ground using one hand.
