Auctions

London’s contemporary art summer season in flux as middle market comes out on top

Christie’s introduces day sale format and established names give way to new talent

Lucian Freud’s late reclining nude makes London record at £22.5m

Artist was 80 years old when he began the painting of a former Tate cataloguer

The Berkshire Museum to sell nine more works from its collection

The institution failed to meet its $55m target at last month's auctions

How did Adrian Ghenie conquer the art market?

The Romanian painter’s prices have increased 160-fold over the past decade. But who, or what, is behind this steep rise?

Supply wrung out? End of term feel to London Impressionist and Modern art auctions

Sotheby's sale fell below estimate while Christie’s provided some cheer, showing there is still money in Monet – but only the right one

Georgina Adam. with additional reporting by Anna Brady

Do not allow art to cleanse crimes

The art world has yet to tackle issues around works like Picasso’s $115m child-prostitute portrait

Damien Hirst’s former manager Frank Dunphy to sell art collection

Sotheby’s auction includes personal works by Hirst gifted to Dunphy, or sketched on the back of restaurant menus

Lawnews

New York judge orders two Schiele works sent to Christie’s, where they could be auctioned

But the watercolours are currently at the centre of a closely watched restitution lawsuit

Show and sell: the added value of a museum exhibition

How soon is too soon? Private collectors are selling off works as little as a few weeks after lending them to high-profile shows

Lawnews

Daughter sues her father over Jean-Michel Basquiat painting

Belinda Neumann-Donnelly claims the work could have made an extra $15m if Hubert Neumann had not tried to block its sale

Lawnews

German museum and auctioneer Im Kinsky tussle over looted glass goblet

Object was returned to consigner not museum from where it was looted at the end of Second World War

Dinosaur skeleton previously unknown to science auctioned in the Eiffel Tower

Aguttes sold the fossil to an anonymous buyer, who may name the new species, despite protests from paleontologists

Are Sergei Skripal sanctions hitting Russian buying and selling at UK auctions?

Hostile relations between Russia and the West following attempted poisoning of former MI6 spy may dampen bidding at London's Russian sales

Zao Wou-Ki dominates Hong Kong auctions

The Chinese-French Modern master continues to lead art market in Hong Kong

Tom Thomson sketch hidden in Canadian basement sells for C$480,000 at auction, more than double its high estimate

The work’s owner, a retired nurse, chose not to attend the sale in person due to nerves “in case it was worth something”

Stored in a basement, Canadian woman’s painting turns out to be Tom Thomson sketch

The work is due to be auctioned in Toronto with a high estimate of $135,000—and will fund a Mediterranean cruise for the owner and her friend

Christie’s reintroduces contemporary art to its London summer calendar

Still no evening auction, but blue-chip artists make way for fresh talent in new day sale format

Women speak out about the gender pay gap at UK auction houses

Blaming an ingrained culture, auction houses vow to correct imbalance in women’s pay and representation in the highest ranks

Berkshire Museum’s $8.1m Norman Rockwell leads American art auctions, despite deaccessioning controversy

The US artist dominated the top prices during New York sales series, where the commercial appeal of attractive subjects showed through in prices

Second tranche of Aristophil's manuscripts collection to be sold in Paris, but will it flood the market?

After a difficult first series of auctions last December, Drouot holds more sales in June to disperse holdings of bankrupt French firm

Out with the old in with the new, with a side of Bacon, at Phillips and Christie's $528.8m auction night

New record for Joan Mitchell as fresh artists join the $10m-and-up club—but Bacon and Basquiat still dominate top prices in New York

Kerry James Marshall sets $21m record for a living African American artist at Sotheby's sale

Rapper P. Diddy identified as buyer of the Chicago-based painter's Past Times

Christie’s $416m Impressionist and Modern art sale reaffirms bullish market for top material

Even without a $150m-plus headliner, the auction topped rival Sotheby’s by $100m thanks to deeper, more even bidding

Nahmads confirm Picasso’s $115m flower girl will go to Paris

Dealing dynasty says that the painting bought in the Rockefeller sale will be loaned to the Musée d’Orsay

Object lessons: our picks from this week's evening auctions in New York

Highlights include works by Cady Noland, Kerry James Marshall and Lyonel Feininger

Rockefeller collection 100% sold at Christie’s New York

Leaning on romance of Rockefeller name and its appeal to international and first-time buyers, the auction house triumphed in its marathon week of sales

Online sales, Asia and guarantees: auction house chiefs on the future of the business

The heads of Christie's, Bonhams and Phillips speak on market shifts, challenges and why they believe their model will succeed

Podcastspodcast

Podcast episode 31: The $646m Rockefeller sale. Plus: should big galleries subsidise smaller ones?

We drill down into the big numbers from the Post-Impressionist and Modern sale in New York with Georgina Adam, talk to Professor Rachel Pownall about the wider market and look at a small gallery housed in Piccadilly Circus Tube station.

Hosted by Ben Luke and Georgina Adam. , produced by Julia Michalska and David Clack