Auction houses
Sotheby's to sell $70m of art stored at MoMA to benefit New York museum's digital initiatives
Francis Bacon triptych and Renoir still life among works from the collection of CBS founder William S. Paley that have been "under the museum's stewardship" since his death
L.S. Lowry painting could fetch a record £8m for football charity that received official ‘mismanagement’ warning
The Players Foundation says the current financial crisis has forced it to reassess how it manages its assets and ensures its benevolent work is ongoing
William MacDougall, founder of UK's largest Russian-focused auction house, has died
Founded in 2004, MacDougall's was the first international auction house to have representatives in Moscow and Kyiv
'It's about setting the record straight': A Warhol of disputed authenticity and chequered association heads to auction
Offered next month for $500,000 to $700,000, the silkscreen canvas work is from the same series as another that was at the centre of $20m lawsuit against the Andy Warhol Foundation for the Visual Arts
Sotheby’s launches primary market channel selling works directly from artists’ studios
For each work sold, 15% will go to a charity or institution of the artist’s choice—but will the new sales format ruffle dealers’ feathers?
From K-pop star visits to crying and tattooing at a low-fi auction: the latest gossip from Frieze Seoul
Plus, will Anselm Kiefer enliven the saddest museum in Korea?
From a Niki de Saint Phalle fountain to a splashy David Hockney print: our pick of the highlights from September's sales
Plus, a Pre-Raphaelite treasure, an iconic James Bond poster and a set of nine intricately inlaid panels
Joseph Hotung's vast collection heads to auction, including Degas's wedding gift portrait to Eugène Manet and Berthe Morisot
Sotheby's will offer Chinese antiquities and Impressionist portraits amassed by the scion of one of Hong Kong's richest families
Microsoft mogul Paul Allen’s art collection heads to Christie’s and could be first to hit $1bn
The auction in November includes prized works from Paul Cezanne and Jasper Johns
South Korean retail giant Shinsegae poised to take control of Seoul Auction
According to Korean media, the group is close to finalising a contract to spend around $173m to acquire a majority share in the country’s largest auction house
Influencers and antiques? How a new generation is transforming the market
In a post-Covid world, tech-savvy collectors continue to disrupt the old model of in-person trading
Christie’s launches venture capital fund for art tech startups with a focus on NFTs
Move follows concerted drive by the auction house to gain ground in the blockchain and fintech domains
'This market will not turn quickly': Christie's, confident amid fears of a coming recession, reports $4.1bn in sales in the first half of 2022
The auction house’s quick reaction to the Covid-19 pandemic has positioned it well to survive any approaching economic headwinds, executives claim
Auction houses say the art market is booming. But what lurks beneath these shiny numbers?
Despite what hyperbolic marketing might suggest, sales of 20th-century titans are failing to reach expected price points
After a busy auction season, Phillips delivers good, but not ground-breaking, results at its 20th century and contemporary art sale in London
The auction house made £17.5m with a record achieved for British painter Antonia Showering
Banking on the Monets: Christie’s London to Paris relay auctions bring in a solid £203.9m
There were few fireworks in the three-part sale as the froth comes off the top of the market
Bonhams expands again with purchase of leading French auction house Cornette de Saint Cyr
Chief executive says latest acquisition is part of his strategy to stay local while going global
NFT apostle Noah Davis leaves Christie’s for CryptoPunks
Davis helped usher NFTs into the mainstream as Christie’s head of digital sales, and has vowed to keep the Punks pure
UK to investigate Sotheby's owner Patrick Drahi's stake in telecommunications giant BT amid national security concerns
The French-Israeli billionaire is the majority shareholder in BT through his firm Altice
Sale of William Barak works breaches 'Aboriginal cultural lore', says Australian Wurundjeri elder
The Wurundjeri Corporation hopes to crowdfund $175,000 to secure the return of the pieces, which are being sold by the De Pury family at Sotheby’s New York
As market for young artists grows, Sotheby’s turbocharged The Now sale in New York threatens to eclipse its contemporary evening auction
While both back-to-back sales did well, works by artists under 40 were snapped up at a rate not matched by their elders, making seven artist records
Experts fear New York City slashing auction house regulations could erode collector trust and confidence
As the city council cuts auction regulations, the houses say they will not change their practices, but the prospect of more opaque bidding and guarantees may prove irresistible
Nefarious art world players: after Russian freeze out, will Saudi Arabia or China be next?
For decades Russian billionaires were feted for their free spending on the arts. Now, they are officially personae non gratae. But what of the other individuals and regimes with dubious reputations?
New York City removes rules governing auction houses in bid to stimulate business
But firms say they will continue to operate policies and practices that promote transparency
Kimbell Art Museum revealed as buyer of Chardin's strawberries masterpiece—but must wait for Louvre’s next move
The Louvre has two-and-a-half years to buy the record-breaking €24m painting
'In a guaranteed market, buyers and sellers crave the unpredictable'
The recent London auctions suggested a market of extremes, with some seeking the safety of guarantees and others speculating on works by young stars on the rise
With a $20m estimate, this Louise Bourgeois spider is the most expensive sculpture offered at auction in Asia
Spider IV will be offered at Sotheby's Hong Kong contemporary evening sale later this month
'I’ve done my duty on spreadsheets': senior staff reshuffles at Christie's and Sotheby's
A number of new appointments are announced today at the auction houses, with a different EMEA president for Christie's and new managing director in the Middle East at Sotheby's
Sotheby’s and Ketterer Kunst among auction houses to ban some Russian buyers
The move comes as the art market steps up its due diligence
Bonhams continues acquisitions spree with purchase of Danish auction house Bruun Rasmussen
The firm bags a second Scandinavian auction house as sector consolidation continues