In a recalibrating market, auction houses are carefully balancing much needed fee revenue with compelling deals for both buyers and sellers

The auction will provide crucial financial support for the institution, which last year was looking at axing 60 members of staff as part of a cost-cutting drive

The week's sales also saw a near-record for a Canaletto painting and a seven-figure result for a 15th-century Hebrew illuminated manuscript

The acclaimed poet, who died in 2024, was “a unique figure" who combined collecting and selling art with writing and publishing literature

Having refined its strategy for the nascent market, the sale landed a $2.1m record for Binzagr but found less success for major Western names

Auction house powers ahead with blue-chip lots in the Middle East but luxury items fall out of favour

Tariffs and new anti-trafficking rules took their toll in the US and Europe this year, as attention and investment shifted to the Middle East

The $6.7m New York sale of the film star's prized possessions closed out a successful season for the auction house

Projected revenue at both auction houses is up from 2024, at $7bn for Sotheby's and $6.2bn at Christie's, with high-profile transactions increasingly taking place behind closed doors

Netting a solid $133.4m total, the first Sotheby’s live sale in Abu Dhabi is described by the house as the largest debut for any new market in its history

Sotheby's sold “Parisian Novels” for $62m and “The Sower” for over $10m, a record for one of his drawings

The final evening auction of New York’s marquee autumn sales featured a bevvy of bidding on Surrealist works and a $62.7m Van Gogh

The $706m total for the night included a white-glove sale of 24 lots from the collection of late cosmetics heir Leonard Lauder

Owned by the cosmetics king Leonard Lauder, the work could become the most expensive Van Gogh drawing ever sold

Estimates are up by more than 40% over last year’s November sales, driven in large part by Sotheby’s consignments

Thomas S. Kaplan’s Leiden Collection will part with one of its earliest acquisitions, “Young Lion Resting”, at Sotheby’s in February

The 18-karat gold sculpture, another edition of which was used by thousands at the Guggenheim Museum, returns to the spotlight at Sotheby's

Peter Doig’s ‘Ski Jacket’ soared over its estimate to achieve £106.9m at Christie’s, but overall lower estimates and price corrections revealed a mixed picture

‘Crowns (Peso Neto)’ (1981) is estimated to fetch between $35m and $40m

The sale will help the auction house pay down debt, chief executive Charles F. Stewart told staff in an internal email

El Sueňo is from a major Surrealist collection being sold at Sotheby's New York this November

Specialists estimate the collections could collectively bring in around $520m during the upcoming auctions in New York this autumn

The move will allow the fair to grow significantly, from around 30 exhibitors to around 50

The auction house will hold a series of live sales in the emirate this December featuring sports cars, jewellery and handbags

After the Indian culture ministry intervened to halt a sale of the Piprahwa gems, Sotheby’s has sold the trove to a Mumbai conglomerate

It is the most expensive handbag ever sold at auction

Sotheby's specialists tell stories of discovery, restitution and scholarship, looking at some of the most defining moments in art history

A landscape that includes economic volatility, generational movement and new technology is changing the rules of engagement

The Old Master sale on Wednesday night totalled £14.5m, led by a record price of £2.7m for Florentine artist Lorenzo di Credi

Griffin reportedly plans to lend his copies of the Thirteenth Amendment and the Emancipation Proclamation to a US institution