Sotheby's

auction house

Banksynews

Banksy painting of chimps as MPs sells for record £9.9m at Sotheby's

Nicole Eisenman, Jean-Michel Basquiat and a dozen Italians help weather the Brexit storm

Sotheby's ceases publicly trading on the New York Stock Exchange as its $3.7bn sale to Patrick Drahi closes

Chief financial officer Michael Goss is replaced by Jean-Luc Berrebi per the terms of the merger, which sees shareholders compensated $57 per share

Sotheby's to offer newly discovered Mantegna drawing

Preparatory sketch for The Triumph of Caesar will go on sale in New York in January

Sotheby’s shareholders approve $3.7bn sale to telecoms tycoon Patrick Drahi

With 91% of shareholders in favour, the publicly traded auction house will officially go private after three decades on the New York Stock Exchange

US-China trade war expands to books and maps as increased tariffs hit art imports

Trump's tariff of 15% on Chinese art that went into effect 1 September also applies to the antiquarian trade, further frustrating dealers and auction houses

Fourth Sotheby’s shareholder files lawsuit in bid to block $3.7bn sale to Patrick Drahi

Auction house says such litigation is “routine in the US”, with deal expected to be completed by the end of the year

Female artists outperform men when their work returns to auction, report finds

A data study by Sotheby's Mei Moses reveals a 73% increase for work by women in repeat sales, while men lagged at 8%

Brexit contributes to 10% drop in sales at Sotheby’s in first half of 2019

Sale to telecoms magnate Patrick Drahi looks set to go ahead as firm makes up for a loss in revenue through increased commissions and more efficient guarantees

Art marketarchive

Decorative arts sales shift to Chicago

New York vies with London for nineteenth- and twentieth-century decorative arts sales, but Chicago is coming on quickly

Two shareholders seek to block Sotheby’s purchase by BidFair

Lawsuits argue that information filed to the SEC is inadequate

Art marketarchive

A rising market: contemporary decorative arts

Is it design, or art, or craft? Who cares. One thing is certain: the British are best at it

Sotheby's staff subject to peer review to benefit charity

Security guards and specialists alike appraise each others works for selling exhibition to support Mind UK

Phillips names Olivia Thornton head of 20th-century and contemporary art in Europe

The appointment comes after a handful of new hires across the auction house’s offices

Art marketarchive

Influx of new collectors of American paintings boosts market

Even third-rate works are now selling for six figures

Collectorsarchive

Mystery of London dealer’s inflated invoices for world’s biggest collector, the head of Qatar's National Council for Culture, Arts and Heritage

The Art Newspaper has obtained invoices sent by Oliver Hoare to Sheikh Saud Al-Thani of Qatar, who remains under arrest in Doha as authorities investigate alleged misuse of public funds

Moonnews

Lunar landing anniversary inspires tributes to the Moon across the globe

Exhibitions and events at museums and galleries worldwide proves we are still looney for the Moon 50 years after setting foot on it

Art marketanalysis

Price match! Old Masters vs contemporary art: what can you get for your money?

During London's Classic Week, we take a look at what the same sum will buy you at either end of the art historical timeline

Sofa King's collection plumps up Sotheby's Old Master sale—helped by a suite of guarantees

Five lots from the DFS founder Graham Kirkham's collection made up almost half of the value of the £56.3m London sale, which was led by a late Turner

Art marketgallery

Object lessons: London Old Master season special

Our pick of highlights from London Art Week exhibitions and auctions, including an export-barred Renaissance cabinet and an uncharacteristically cheery Ribera

Flipping the Bacon: Sotheby's £69m post-war and contemporary sale lacks fizz

A £16m Francis Bacon self-portrait and a record for a little-known German artist enliven an otherwise dry sale in London as totals fall 40% on last year

Lawnews

Sotheby's denied dismissal of Rybolovlev's $380m lawsuit by New York judge

Papers filed in a Manhattan court this week order a pre-trial conference and the release of confidential documents

Mini Impressionist and Modern sale at Sotheby's makes £99m thanks to auction debutantes

Monet's waterlilies and Modigliani's portrait of an unknown boy lead the 25-lot sale, and new record made for Austrian artist Alfred Kubin's haunting drawing

Art marketarchive

French decorative arts apparently recession-proof

The international market absorbs the Polo, Patiño and Johnson collections in one year. Tous les Louis do well but Louis XVI best of all

Art marketcomment

Sotheby's newfound privacy gives it greater freedom, but at what cost to the rest of us?

Former public company status left the auction house at a disadvantage to rival Christie's, but its quarterly finance reports provided rare insight in a secretive market

Sotheby's goes private as it is sold for $3.7bn

French-Israeli media billionaire Patrick Drahi's company BidFair USA buys firm from shareholders

Sotheby’s to hold the first major Aboriginal art sale in the US in November

The auction house cites increasing interest in Aboriginal art among US collectors and institutions

Auctionsanalysis

Edward Hopper's over-priced ode to Shakespeare goes unsold as market for American art proves capricious

Christie's American art sales this week realise a new record for Hartley but Sotheby's struggles to get the pricing right on Hopper's Shakespeare scene