Several 'wet paint' works soared while multiple blue-chip lots underperformed, defying conventional market wisdom

Results from London’s premier autumn auctions suggest price now matters as much as prestige

Traditionally reserved for an artist’s greatest works, the term “masterpiece” now appears routinely in auction catalogues, and may just mean a work is good, novel—or expensive

After nearly 40 years at the auction house, Pylkkänen will work as an independent art adviser

The evening kicked off with a sale of 20th- and 21st-century art, followed by works from the collection of the late businessman Sam Josefowitz

Three works will be going up for auction at Christie's New York—but with an unusual caveat

Christie’s will offer six of the seven pieces by Schiele that were restituted to heirs of Fritz Grünbaum last month during its November sales in New York

The collection is led by Pablo Picasso’s Femme endormie (1934) which the auction house estimates will sell for between $25m and $35m

The privately-owned Mougins Museum of Classical Art closed in August for a revamp to rebrand as what has been described as Europe’s "first major museum dedicated to work by women artists"

Major auction houses have posted steep falls in turnover for the year so far—but some categories, such as luxury goods, are booming

The autumn auctions will mark the first dedicated sales in North America tied to the powerful banking family

Horten’s late husband became a billionaire during the “Aryanisation” of Nazi-era Germany

The auction house will host its first outreach event in the rapidly growing Texan capital next month

'Exploring Art: From the Renaissance to Contemporary' launches this autumn at Christie’s

The auction house made £53.9m (with fees) from 38 lots, and saw a new record established for Fra Angelico

The event was scheduled to mark the 25th anniversary of the Washington Principles, which helps guide the return of artwork looted during the Holocaust.

Few big-ticket consignments and New York's turbo-charged May sales marred tonight's performance

The art market salary report offers insights into salaried employment but the impact of low wages—and having children—in a time of rapid inflation are missing

Plus imposing heads by Giacometti

Rediscovered panel painting comes to Christie’s evening sale in London next month with an estimate of £4m-£6m

Specialists at Christie’s and Sotheby’s dismissed concerns about a decline in the Old Masters market

Sales of the ancient Chinese sculptures and jade carvings are expected to collectively fetch nearly $10m in September

Ching will be based in Hong Kong and starts the new role on Wednesday

Despite the underwhelming result, the sale notched new auction records for Barkley Hendricks and Alma Thomas

While a handful of lots—including new records for Diane Arbus and Simone Leigh—created a buzz in saleroom, bids felt reined in amid economic uncertainty

The auction house’s bottom line benefitted from the strong performance of works from the collections of S.I. Newhouse and Paul G. Allen

Proceeds from prints that were first published in the bestselling coffee table book will go toward the singer’s Malawi non-profit

Demand for ultra contemporary works may have eased but there is little sign of a sales slump, say the New York firms

'El Gran Espectaculo (The Nile)' and 'Now’s the Time' are estimated to sell for $45m at Christie’s and $30m at Sotheby’s, respectively

The paintings and drawings are estimated to fetch more than $8m at Christie’s New York in May