Auction houses
South African auction house edges into London market
Strauss & Co’s pop-up selling exhibition of works by Alexis Preller shows commitment to highlighting Africa’s more “neglected” artists abroad
Basquiat stretcher-bar painting could reach $30m during New York spring auctions
“The Italian Version of Popeye has no Pork in his Diet”, last publicly displayed in 2007, will be offered by Christie’s during its May sales
New initiative between Art Money and Christie’s will allow collectors to bid at auction and pay over time in instalments
Bidders will be able to pay for art over ten months instead of all at once
Leadership shuffles show auction houses and mega-galleries rethinking the trade
In a stubbornly stagnant market, the big players are searching for new ideas that will bring sustained growth
Sotheby’s new fee structure is a highwire act of risk and reward
Auction house’s bold changes that favour buyers could bolster profits—or they could backfire
Trio of Basquiat paintings could bring more than $86m at Phillips in May
The largest painting in the group, "Untitled (ELMAR)" (1982), will be offered during the marquee spring sales in New York with a $40m to $60m estimate
Monet painting jointly owned by Nelson-Atkins Museum and donor’s descendents will be sold at auction
The museum's share of proceeds—estimated at up to $25m by Christie's—will go toward establishing an endowment fund for new acquisitions
After two years of tremendous growth, France's art auction market is in decline
Overall auction results are strong—largely thanks to rise of second hand car purchases—but sales of fine art and antiques have fallen significantly from last year
Phillips’s evening sale of 20th-century and contemporary art in London comes up short, despite healthy mid-level bidding
The 27-lot sale brought in £10.9m without fees after three works were pulled and another three failed to sell
Christie's Elton John evening sale proves Wednesday night is alright for buying
The auction nearly matched its $6.4m high estimate before fees, as art brought the money while luxury and memorabilia drove the bidding
Merger of Freeman’s and Hindman auction houses targets upper-middle market growth
Firm formed by auction house pairing announces a New York saleroom and expansion plans abroad
Painting made by The Beatles in a Tokyo hotel sells for $1.7m at auction
The Fab Four all painted a corner each of the psychedelic composition
One of Van Gogh’s finest early watercolours is coming up for sale, estimated at up to £3m
Woman Sewing was inspired by a soulful English poem, “The Song of the Shirt”
The gateway drug: how handbags are bringing in new auction house buyers
In a rather lacklustre 2023, luxury shone the brightest
Sotheby's weathers 'challenging market' with $7.9bn of sales in 2023
Luxury goods and Millennials are helping buoy the bottom line, though fine art remains at the core of the business
A Dutch museum wants to buy a Van Gogh painting from an English collector
The portrait of Gordina, whom Vincent was accused of getting pregnant, is worth around £5m
Phillips chief executive Stephen Brooks steps down after two years
Brooks, who joined the company in 2021, has left for personal reasons
Lawyers for Rybolovlev and Sotheby's spar on first day of New York fraud trial
At issue is whether the auction house "aided and abetted" Yves Bouvier in inflating prices in four private sales
Fairs, auction houses and AI: five predictions for the art market in 2024
Will Patrick Drahi sell a stake in Sotheby’s? Will Frieze acquire more regional fairs? Watch this space…
The Gray Market: Our art market soothsayer looks back on his 2023 predictions
How did his forecasts weather the roughest turbulence the trade has experienced in years? Read on to find out
Christie's projects 26.1% decline in sales in 'paradoxical' 2023
An exceptional 2022 buoyed by the $1.6bn collection of Paul Allen has proved a tough act to follow—but private sales are on the rise
$4 thrift-store vase sells for $107,100 at auction
It turns out the glass vessel is a rare example of a 1940s Venini piece designed by the architect Carlo Scarpa
Cold feet? Why fewer investors are guaranteeing art at auction
According to a recent report, guarantees are down—what's happened?
Sotheby’s $306m The Now and Contemporary sales wrap up a mediocre New York auction season
Both sales persevered through a lukewarm atmosphere to break into the lower reaches of their estimate ranges
Christie’s 20th century evening sale in New York defies fears of a jittery market
Swan song of veteran auctioneer Jussi Pylkkänen made $640.8m—the house's highest total for a non-single-owner sale in six years
Late American broadcaster Barbara Walters’s collection nets $5m at Bonhams
All of the proceeds from Walters’s art collection—along with her jewellery and home décor—will go toward charitable causes, according to her estate
Long-unseen Basquiat self-portrait could reach $60m at Sotheby’s New York
"Self Portrait as a Heel (Part Two)" (1982) hasn’t been displayed in public since its last appearance at auction, in 1999
Christie’s brokers restitution settlement with heirs of art dealer and Swiss museum to offer $35m Cézanne at auction next month
Fruits et pot de gingembre, one of three Cézanne paintings included in the sale, was found to have been sold under duress after the Nazis took power in Germany
Christie’s longtime global president Jussi Pylkkänen is stepping down
After nearly 40 years at the auction house, Pylkkänen will work as an independent art adviser
Grayson Perry and Cornelia Parker donate works to Freedom from Torture charity auctions
Ai Weiwei’s taxi window crank sculptures will also go on the block at the Sotheby's live sale