Auction houses

'Museum-quality' works by Bill Woodrow pulled from Saatchi & Saatchi collection sale after last-minute intervention

Eight sculptures were being offered by auction house Roseberys at prices so low they would have been "destructive to his career", according to the artist Richard Deacon

How one year of Russian sanctions have shaped the art market

Businesses urged to tighten approach to client background checks as US subpoenas auction houses for sales records

Leonardo’s Salvator Mundi heads to court in case against Sotheby's

New York judge rules the auction house must face trial as part of Russian billionaire Dmitry Rybolovlev’s art fraud lawsuit

Phillips reveals launch programme of Asia headquarters in Hong Kong

Works by Yayoi Kusama, Matthew Wong and Loie Hollowell will headline a preview exhibition for its inaugural auctions in March

A 200-year-old family collection of largely unseen Théodore Géricault paintings heads to auction

The sale at Sotheby’s Paris will include seven works by the artist with Portrait of Zoé Elmore carrying the highest estimate of €1.2m

US authorities subpoena auction houses in effort to crack down on violations of Russian sanctions

Prosecutors in New York are seeking auction house sales information going back years in order to track potentially illicit transactions by sanctioned Russian collectors

Bonhams owner floats sale of auction house at $1bn

Epiris private equity group, which owns the auction house, has reportedly approached JP Morgan Chase & Co to advise on the deal

Police investigation prompts French auction house to postpone sale of Chandigarh furniture

Reports of thefts of heritage furniture items from buildings across the Indian city have risen over the past ten years

French court orders Christie's to restitute a Nazi-looted painting sold in London

As the panel was looted in Paris, the magistrates claimed jurisdiction of the French courts over the High Court in London

The donating game: How artists like Tracey Emin are driving philanthropy in the art world

The British artist is among those who have donated millions of pounds’ worth of art to charities—perhaps we could all take a leaf out of her book?

Christie's marks 25 years of the Washington Principles on Nazi-confiscated art

Auction house kicked off its year-long restitution programme in Paris last week which aims to educate collectors and buyers

Global demand for African art brings near-record year for South African auction house despite ‘much higher degrees of uncertainty’

Strauss & Co is launching a new sale format with the aim of fostering a more inclusive African art market

Early Freud beachscape painted on holiday with artist John Craxton—former friend, possible lover and bitter enemy—to be auctioned for £3.5m

Christie's will offer Scillionian Beachscape alongside a late garden scene by Freud, both of which were once in the collection of renowned patron Simon Sainsbury

Another monumental Munch painting once hidden from Nazis in a barn heads to the block

Heirs of Jewish art critic forced to sell the work estimated at $15m now set to benefit from Sotheby’s auction

New business, familiar face: former Sotheby’s chairperson Patti Wong launches advisory focused on top Asian collectors

Patti Wong & Associates will partner with London-based advisory The Fine Art Group to expand its global reach

Paris auction house Artcurial reports best year of sales—despite a downturn in trade of 20th- and 21st-century art

A record year for the French market was shored up by a particularly strong crop of Old Master work

‘An absolute art market record’: Christie’s posts $8.4bn in sales for 2022

Single-owner collections and millennials boost auction house’s revenues despite “challenging macro environment”

Brexit woes contribute to slim Old Master sales in London

Nonetheless, buoyed by the Grasset collection, Sotheby's posted its best results in six seasons and Christie's sale was up 26% up on last December

First wooden sculpture by Die Brücke founder Erich Heckel offered at auction goes on sale in Munich for €600,000

It comes to the block alongside another wooden sculpture by Heckel's contemporary Ernst Ludwig Kirchner

Old Mastersanalysis

Old Masters need reinventing to avoid being frozen out

Last year, European Old Masters represented just 4% of the world’s $26.3bn art auction sales. In our contemporary-obsessed world, we’re just not paying them enough attention

Poland says Kandinsky painting sold at Berlin auction house was stolen from the National Museum in Warsaw

Authorities are now taking legal steps to recover the work after it made €387,500 at Grisebach

Damaged Salvator Mundi copy by unknown artist sells for €1m at Christie's

Dated to a century after Leonardo's death, the work does not come from the artist's studio

Art marketcomment

'The downside to art world altruism that no one talks about'

Charity sales, while undoubtedly a positive, tend to skew valuable auction data upwards and muddy an already opaque market

Auctionsanalysis

Hong Kong's autumn auctions for modern and contemporary art saw a 38% drop from last year—but why?

Closed borders have impacted the selection of offerings this season, specialists say

Mexico condemns European auction houses’ sales of pre-Hispanic archaeological artefacts

The National Institute of Anthropology and History has recently accused two auction houses of holding problematic—yet not illegal—sales of historic objects

Fake video claims German auction house will raise funds for Ukraine by selling—and then destroying—Russian art

Bolland & Marotz in Bremen issued a statement this week saying it was "outraged" by the incident