Data from Sotheby's, Christie's and Phillips shows confidence from major single-owner sales is trickling down to the rest of the art market

Three timepieces are among the house's top five highest-priced lots this year

Work achieved the second highest price ever for a pre-Modern sculpture at auction, while Thomas Lawrence's portrait of the Duke of Wellington sold for an artist record £9.7m at Christie's

Plus an early version of the Statue of Liberty derived from the original plaster model of the landmark and an intimate, moody landscape by Milton Avery

A month-long non-selling exhibition from the collection of the New Delhi patron will feature 60 Indian, Pakistani, and Bangladeshi artists working from the 1950s to the present day

Henri Matisse’s "La Chaise lorraine" sold for $48.4m with fees as strong results for Picasso, Van Gogh and Giacometti lifted the evening auction's total

The $33.5m price fetched by set, which once belonged to Yves Saint Laurent, reflects Claude and Francois-Xavier Lalanne's still-growing market

The auction, scheduled for 11 June, will bring together 93 works including rare Bengali pieces

Strong results in the London spring auctions suggest ultrarich are regaining confidence, despite escalating war in the Middle East

Henry S. McNeil Jr.’s collection, led by a major Judd "stack" sculpture, is expected to exceed $30m at Christie's this spring

Against a backdrop of a contracting job market for graduates, initiatives such as the Sotheby’s Institute’s fellowship programme are supporting the next generation of art industry experts

In a recalibrating market, auction houses are carefully balancing much needed fee revenue with compelling deals for both buyers and sellers

Tariffs and new anti-trafficking rules took their toll in the US and Europe this year, as attention and investment shifted to the Middle East

Projected revenue at both auction houses is up from 2024, at $7bn for Sotheby's and $6.2bn at Christie's, with high-profile transactions increasingly taking place behind closed doors

The price, three times its high estimate, smashed the auction records for Lalanne's work and any design object

The country is stymied by international sanctions, but Iranian collectors spend millions on home-grown art

The newly attributed, five-inch-tall sketch of a foot has an estimate of $1.5m to $2m

The US oddity emporium and tourist attraction franchise is “flush with excitement”, according to a statement

The $706m total for the night included a white-glove sale of 24 lots from the collection of late cosmetics heir Leonard Lauder

Estimates are up by more than 40% over last year’s November sales, driven in large part by Sotheby’s consignments

Bonhams will offer art, movie memorabilia and personal effects that belonged to the Hollywood star, who died in February 2025

The auction house has been acquired for an undisclosed fee, two years after previous owner Epiris tried to float it for $1bn

The first three works could sell for as much as $145,000 in Los Angeles next month

‘Crowns (Peso Neto)’ (1981) is estimated to fetch between $35m and $40m

The sale will help the auction house pay down debt, chief executive Charles F. Stewart told staff in an internal email

Coming from the same private collection, the works span three decades of Freud's career

The art market is failing to attract the highest spenders, whose sights are set on other investments as the trade plateaus

As other parts of the business scale back, advisories continue to launch and expand

Specialists estimate the collections could collectively bring in around $520m during the upcoming auctions in New York this autumn

With the NFT market still a fraction of its recent heights, the auction house has reportedly let go of key staffers