Auctions

Podcast

Can the art market weather the coronavirus storm?

Plus, Sean Scully talks about his favourite "lonely work", The Moroccans by Matisse in New York's Museum of Modern Art. Produced in association with Christie's

News
Art market

Redundancies, pay cuts and staff furloughs at Sotheby's as coronavirus impact bites

Christie's is also making salary cuts and furloughing staff as lockdown closes auction houses and forces sales online

News
Art market

Sotheby's postpones New York May 'gigaweek' sales due to coronavirus

Move is in line with Christie's and Phillips which postponed their sales to late June, but Sotheby's is yet to announce when its auctions will actually happen

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Art market

Christie's and Phillips move May 'giga-week' New York sales to end of June due to coronavirus

Expanded 20th century art week in US will swallow up London auctions. Sotheby's has yet to make a decision about its New York Spring sales

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Art market

In a drastic move, Christie's shuts most locations and postpones sales due to coronavirus

Auction house has closed New York saleroom along with other offices—Sotheby's follows suit while Phillips has postponed all events and sales until mid-May

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Art market

Sotheby’s relocates April Hong Kong auctions to New York due to coronavirus

The firm is also rolling its London June sales into one week for the first time in more than a decade

News
Australia

Street art auction in aid of Australian bushfire clean-up includes works by Banksy and Shepard Fairey

The Bushfire Relief Auction in Melbourne has been organised by the collectors Sandra Powell and Andrew King and prices start at £200

Analysis
Art market

Phillips’s sale reveals contemporary art's hottest stars but still misses its low estimate

Auction results this week are expected to be down by almost a quarter signalling a "low tide" in London

Analysis
Art market

Christie’s contemporary sale fails to pack a punch as auction house records lowest total in a decade

Brexit casts a shadow over consignments in London, but young American female painters add some pizazz

Analysis
Art market

US banker buys Brexit Banksy at Sotheby's, making a bigger splash than David Hockney’s pool painting

Auction house fields a steady contemporary evening sale in London

News
Bonhams

Bonhams chief executive Matthew Girling to leave auction house

Former jewellery specialist, who joined the firm in 1988, will be replaced by Bruno Vinciguerra, who will also continue in his role as executive chairman

News
Art market

And all that jazz: upbeat sale at Christie's sees Tamara De Lempicka portrait beat record set just three months ago

Impressionist, Modern and Surrealist art auction last night made £106.8m, 35% down on last year—but with three works sold for over £10m

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Art market

Sotheby's new owner Patrick Drahi comes to auction house's first sale in post-Brexit Britain

“No fireworks” at last night's Impressionist, Modern and Surrealist art auction that featured three restituted works

Analysis
Buyer's Guide

How to buy a... René Magritte

The artist’s trademark motifs make his work easily recognisable and desirable—but there is more to this Surrealist than apples and bowler hats

Analysis
Buyer's Guide

How to buy a...Charles White

He chronicled the African American experience when white male abstraction ruled. Now record prices for his work are frequently reset

News
Salvador Dalí

Dalí and Gala with their 'heads full of clouds' go up for sale at Bonhams

Work will be offered without guarantee from the collection of the late Modernist composer Giancinto Scelsi

News
Auctions

Sale prices soar past estimates at auction of decorator Mario Buatta's estate at Sotheby's

Christie's also holds its own at an auction of American furniture and folk art

Blog
Diary

Artist creates black-faced portrait of Italian far-right politician Matteo Salvini

Current bid for re-imagined image of the controversial party leader stands at €45,000 in online auction

News
Damien Hirst

Damien Hirst medicine cabinet bought for £600 goes on sale for over £1m

Softer YBA market faces test as collection amassed by London bond trader goes under the hammer at Phillips next month

News
Art market

Sotheby’s to auction three Nazi-looted works restituted to Jewish collector’s heirs

Two paintings by Signac and one by Pissarro are expected to fetch as much as £20m

Blog
Adventures with Van Gogh

Want to buy a Van Gogh? Sotheby’s has four works with (relatively) modest estimates

Unseen for 25 years, they all come from a very private American collector

Analysis
Art market

Jitters and reasons to be cheerful: art market experts give their 2020 predictions

Faced with economic uncertainty, turmoil in Hong Kong, Brexit and a shrinking auction market, the art trade has some justifiable anxiety about the coming year

Blog
Adventures with Van Gogh

Two Van Goghs sold from the recovered hoard of an Italian fraudster

One painting was hidden in a Parma cellar, leading to the discovery of the Tanzi Treasure

News
Art market

Amy Cappellazzo becomes head of expanded Fine Arts division as Sotheby's restructures

While her role grows to cover departments such as Old Masters, second global division will include luxury objects and decorative art, jewellery and wine

Analysis
The Year in Review 2019

From cancelled fairs to street art's auction room takeover: the art market's fruitiest stories of 2019

We look back at the stories that have overturned the art world order this year

Analysis
Art market

'Christmas dinner without the turkey': little festive cheer at Sotheby's Old Masters sale

December auction generates less than half the total of last year's sale, with several lots failing to sell

Analysis
Art market

Tiepolo and Giovanni di Paolo spark excitement in underpowered Christie’s Old Master sale

Auction raised more than last year but supply still limited as Brexit-dominated general election looms

News
Art market

Rare Tahitian painting by Gauguin sells for €9.5m at Artcurial in Paris

Te Bourao II, which went to an international collector, was on loan to the Met in New York for ten years

News
Art market

Portrait commissioned by Charles Dickens, unseen for a century, goes on sale at Sotheby's London

The artist William Powell Frith 'almost collapsed' at the honour of being commissioned by the famous writer to paint his heroine Kate Nickleby

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Art market

Rediscovered Rubens to star in Sotheby's Old Masters sale in New York

Painting depicting the Holy Family in an evening landscape has been owned by a Manhattan family for more than 60 years

News
Art market

At $6.8m, Picasso hits the high mark at Toronto sale

Portrait of Dora Maar eclipses other auction offerings at Heffel

Analysis
Art market

Randomness rules New York's $42m American art sales

Small works won out at Sotheby's and Christie's as top lots went for their low estimates or were withdrawn

Blog
Diary

Sotheby’s to offer space snaps online

Analysis
Auctions

New York's autumn sales were subdued but not necessarily septic

Overall sales were down by around 30% but beyond the disappointing headline figures, women and minority artists shone

News
Banksy

Banksy’s The Drinker withdrawn from Sotheby’s sale after rival artist claims ownership

Sculpture—estimated at £1m—was removed from the street by Andy Link in 2004 but later “liberated” from his East End garden

News
Banksy

Artist who ‘kidnapped’ Banksy's The Drinker claims ownership ahead of Sotheby's sale

Andy Link says sculpture for which he demanded £5,000 in ransom was later stolen from him. Banksy’s former dealer says otherwise

Podcast

Anselm Kiefer interview. Plus, New York auction 'gigaweek'

We talk to German artist Anselm Kiefer about his new works inspired by String Theory and ask expert Scott Reyburn why the art market is treading water. Produced in association with Bonhams, auctioneers since 1793

Auctions

Hammer Time: Sotheby's picks up the pace during a sluggish art week with $270.7m contemporary art sale

Record prices were set for Charles White, Brice Marden, and Wayne Thiebaud, while a Clyfford Still painting prompted a prolonged bidding war

Auctions

Hammer Time: records set but reserves remain low at Christie's post-war and contemporary art sale

Ed Ruscha's visual pun Hurting the Word Radio #2 rose to $46m, a new world record for the artist, but most lots barely reached their estimate in a slow sales season

Auctions

Hammer Time: consistency and caution are key at Sotheby's Impressionist and Modern evening sale

The newly private auction house led the night's lots with its known money-maker Claude Monet, and set a world record for the Polish artist Tamara de Lempicka

Auctions

Hammer Time: Christie's Impressionist and Modern evening sale November 2019

In our new video series, deputy art market editor Margaret Carrigan recaps the highlights of New York's billion-dollar auction week

Podcast

Top of the Pods: Leonardo—the Salvator Mundi saga

We revisit interviews about the headline-making auction of the famous painting, its origins and its present whereabouts

Blog
In the frame

Philip Roth’s ephemera—including his Richard Nixon plate—goes under the hammer

News
Art market

'Olyvia's soirées': adviser launches private selling events in format devised by Adam Chinn

Olyvia Kwok launches series of invitation only events in London and New York offering financing against big-ticket works for collectors looking to circumvent auctions

News
Auctions

Female painters steal the limelight at Phillips contemporary evening sale in London

Market is not “as effervescent as it was”, but £36m total is the auction house’s highest in June for over a decade despite disappointing results for Modern works

News
Auctions

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

News
Auctions

Fresh talent breathes life into slim £45m postwar and contemporary evening sale at Christie’s London

Records set for Tschabalala Self and Kara Walker as a new wave of works by contemporary artists come to auction

News
Vincent Van Gogh

Van Gogh’s gun, 'most famous weapon in art history', sells for €162,500

The discovery of the revolver suggests it was suicide, not murder

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Pride

Swann Auction Galleries joins in Stonewall celebrations with its first Pride sale

Salesroom hopes that capitalising on the trend for curated auctions will help to generate a renaissance in an underserved market

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Collectors

Sikh Empire collector hopes to open dedicated museum

The London-based collector Davinder Toor holds one of the most significant collections of Sikh works in the US and the UK

News
Art Basel 2019

Auction prices: the elephant in the room at Art Basel

The first rule of art fairs is don't talk about auctions—but sometimes they can benefit artists and their dealers

Analysis
Ethics

The only way is ethics: the art world's 'networks of undue influence'

Ethics specialist Piergiorgio Pepe claims the power in the art industry is still held in the hands of a few

News
Barnes Foundation

'Selling everything but the wallpaper'—auction reopens old wounds over Barnes legacy

Barnes Foundation’s sale of founder’s items follows nominal payment for lease of valuable land

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Art market

More grief for Aristophil investors as French government seizes hundreds of documents

Around 18,000 people invested in the now bankrupted company's manuscripts collection, but state says many items of historical importance should never have been sold

News
Aboriginal art

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

Analysis
Auctions

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

Podcast

Should museums sell works of art? Plus, activism at the Whitney Biennial

After the San Francisco Museum of Modern Art's sale of its Rothko, we discuss the principles that guide deaccessioning in the US and speak to activists about the Whitney vice-chairman's problematic link to a weapons manufacturer

News
Art market

San Francisco museum's Rothko sells for $50m as Sotheby’s closes bumper week of New York auctions

Dana Schutz’s record broken twice in one night at Phillips then Sotheby's, while the bidder behind the $91m Koons Rabbit buys Lee Krasner painting for $10m

News
Art market

Rabbit hops to a record $91m at Christie's as Jeff Koons once again becomes the world's most expensive living artist

Post-war and contemporary sale in New York also produced a big sale for Robert Rauschenberg and new records for Louise Bourgeois and Jonas Wood

News
Art market

Monet's glowing haystacks set alight Sotheby's Impressionist and Modern art sale with a new £97m record

Market is alive and kicking at the top for prime Impressionist works, though Bouguereau's uncomfortably placed, 19th century Bacchanalian scene failed to sell

News
Art market

Big but bland Impressionists lead Christie's sale, with new records for a peachy Cezanne and feline-filled Bonnard

Fresh material from big collections led the $399m New York auction, while mid-tier Monets primed the market for his $55m haystacks work at Sotheby's tonight

Blog
Adventures with Van Gogh

Virtually unseen Van Gogh painting comes up for sale in New York next week

Christie’s values the Japanese-influenced picture of the asylum garden at $25m