Auctions

News
Auctions

Los Angeles shows its love for Beirut with online charity art auction

Standout works include a haunting photograph by Rania Matar and an image of Muhammad Ali by French street artist Mr Brainwash

Analysis
Art market

V.S. Gaitonde's £3.4m record-breaking painting leads strong South Asian sales season

Glut of collections have come to auction this month, with strong results for lesser-known Indian Modernists broadening a narrow market

News
Auctions

This $80m Botticelli could be one of the most expensive portraits ever sold at auction

The painting, to be offered at Sotheby's New York in January, is estimated to sell for 100 times more than the owner paid for it in 1982

News
Brazil

Court-ordered auction of works from disgraced Brazilian banker's collection prompts new controversy

The Museum of Contemporary Art at the University of São Paulo claims it is owed $3.6m for conserving and storing around 1,600 works repossessed from bankrupt Banco Santos president Edemar Cid Ferreira

News
Deaccessioning

Cranach, Courbet and Corot: a closer look at what the Brooklyn Museum is selling off

The institution is deaccessioning its only Cranach and 11 other works to finance care of its collection

News
Auctions

Shipwrecked, disinherited, imprisoned, accused of being a Gunpowder Plotter: Tudor adventurer’s portrait hits the block

Portrait thought to be of Thomas Arundell is to be auctioned at Woolley & Wallis this week

News
Auctions

Sotheby’s teams up with the Keith Haring Foundation to auction Haring’s personal collection for charity

All works—by artists such as Basquiat, Warhol and Rammellzee—will make their auction debut in the sale, which is expected to make $1m for the LGBTQ nonprofit the Center

News
Art market

Christie’s to hold marquee sales in New York in early October—but will Sotheby's follow suit?

With no Frieze Art Fair, contemporary art London sales at Christie’s, Sotheby’s and Phillips will now take place at the end of October, when Fiac is due to open in Paris

News
UAE

World's biggest canvas painting—the size of two football fields—to be auctioned in Dubai for charity

The record-breaking work by the Dubai-based British artist Sacha Jafri will be sold to promote "global digital equality"

News
Art market

Christies winds up belated summer auction season with £21.2m Classic Art sale led by £4m Rubens

16th century Italian marble attributed to Antonio Lombardo steals the show, but auction house's digital face is showing its age against stiff competition

News
Art market

Restituted Renaissance battle scene highlight of Sotheby’s pick-and-mix £150m evening sale

Six works were withdrawn by nervy vendors just before the start but Rembrandt to Richter sale still totalled nearly £150m, topped by a £22.3m Joan Miró

News
Banksy

Banksy triptych—estimated at £1.2m—to be sold at Sotheby's in aid of Palestinian hospital

Artists has donated the works, which were previously on display in his Walled Off hotel in Bethlehem

News
Art market

Vienna’s Kunsthistorisches Museum seeks to recover ancient Egyptian jars before auction

The vessels, containing 2,600-year-old mummified internal organs, are due to be sold in Munich tomorrow

News
Auctions

Colville’s Dog and Bridge has its day at Heffel’s live sale in Toronto

But fewer than ten buyers physically attended the auction, with most bidding done over the phone and in the “digital salesroom”

Analysis
Art market

Sanyu, Zao Wou-Ki and Liu Ye: the Asian masters fetching millions at the Hong Kong auctions

Despite pandemic delays and the new National Security Law, the spring sales in the city last week fetched solid results

News
Art market

How a £3m Soulages almost sank off the coast of Tasmania

The MV Merino had gone aground on its way to Hobart for an exhibition of Modern French art in 1953

News
Art market

Sotheby's to sell Bridget Riley painting from Heathrow executive lounge as British Airways 'fights for survival'

Auction house appointed to sell £1.4m of art from the beleaguered airline's collection this month

News
Art market

Christie's $420.9m global relay sale was ambitious—but did they really need four auctioneers?

The four-hour event was intended to illustrate the auction house's global and democratic nature, but it also showed that less is often more

News
Art market

Sotheby's to auction £4m restituted Bellotto painting that Jewish retail magnate was forced to sell to Hitler

The view of Dresden's Zwinger moat had been returned to the heirs of Max Emden and will now be offered for sale in London on 28 July

Analysis
Art market

Could Covid-19 kill off the market for the art world’s star names?

Some big artists may be toppled from their pre-pandemic pedestals and new ones promoted to the art-as-investment pantheon

News
Art market

Quran quietly sells for record £7m despite questions over its provenance

Manuscript sold at Christie's first live sale in London since the coronavirus lockdown, but academics say its ownership history should be more transparent

Preview
London Art Week

From a £16m Rembrandt to a £3,000 dolphin, London Art Week for every (ok, some) budgets

Highlights from the online version of the “pre-contemporary art” event for galleries and auction houses which launches today and runs until 10 July

News
Auctions

Waning market for African artefacts? Controversial Benin bronze fails to sell at Christie's

Academics challenge the provenance of the Edo plaque as well as two Igbo alusi figures that sold under estimate for €212,500

News
Art market

Brave new world: Francis Bacon triptych sells for $84.5m in Sotheby's first major live-streamed evening sale

Marathon online high-tech auction was the first of its kind attempted by Sotheby's and totalled $363.2m, boosting confidence that a top-end market still exists

Analysis
Art market

A brave new virtual world or joyless mundane experience? Glamour of collecting gets lost in online translation

Digital transactions cannot replicate the social cachet of buying art at exclusive events—and prices will inevitably slide as a result

News
Art market

Friends with benefits: art dealers cosy up to auction houses for online sales

As part of a growing trend, Sotheby's is launching The Dealer's Eye, two sales of works consigned by nearly 40 Old Master galleries in London and New York

News
Art market

Historic Tunisian items withdrawn from Paris auction after heritage body claims works left country illegally

More than 100 objects once belonging to the Tunisian politician Habib Djellouli, including an ancient Quran, are at the centre of the controversy

Blog
Adventures with Van Gogh

Only joint letter from Van Gogh and Gauguin—recording their brothel visits—comes up for sale

Vincent describes his artist friend as having the “instincts of a wild beast”

News
Art market

Code-cracking lot: Second World War Enigma machine on offer at Vienna’s Dorotheum

The Germans believed Enigma was uncrackable; cryptographers at Bletchley Park broke the code, contributing to the Allies’ victory

News
Auctions

Sotheby’s offers major works by 20th century female artists in $50m Ginny Williams Collection sale

Coinciding with the auction house's New York sale room re-opening in June, the sale marks the first time female artists will comprise over two-thirds of the value of an evening auction

News
Art market

Strong sales as France restarts live auctions

Artcurial, the first auction house to reopen, doubled its sale estimate as lockdown seems to have "sharpened" buyers' appetite

Podcast

Is the future of the art market online?

Plus, Rebecca Salter on Léon Spilliaert. Produced in association with Christie's

News
Auctions

Just the one: Christie's scraps major June New York sales in favour of a 'global relay' auction in July

Hybrid sale of 20th century art and design will take place over four live-streamed sessions in Hong Kong, Paris, London and New York

Interview
Art market

'It's a time to do things, not think': Danny Katz on the art of dealing and not overthinking in a pandemic

Ahead of his sale at Sotheby's this month, the London art dealer talks about the obsessive pursuit of knowledge and why he is not interested in contemporary art

Comment
Art market

Auctions are like dating: you can do it online, but sparks only fly in the flesh

The coronavirus lockdown is boosting lower level virtual sales, but only a major live auction will kick-start the top end of the art market and revalidate prices

News
Auctions

First live auction in Germany after lockdown features painting bought for Hitler

Neumeister in Munich will today host a live auction for a maximum audience of 20

News
Controversies

Director of France’s national furniture collection defends plans to sell 100 items at auction to aid healthcare workers

Move prompts fears that works from national museum collections could be sold off too

Comment
Art Market Eye

Auctions: what will change, post-Covid-19?

In the era of social distancing, auctioneers may have to conduct sales to an empty room

Blog
Diary

The curious, spurious tale of David Hockney’s £23m pool painting and Syrian president Bashar al-Assad

News
Art market

Phillips partners with charitable foundation to benefit New Yorkers hardest hit by coronavirus

The auction house will donate all proceeds from a forthcoming online sale to the New York-based Robin Hood Foundation

News
Auctions

Charity auction raises more than €2m for French healthcare workers

Paris-based auction house Piasa hosted online sale of 370 works donated by artists, designers and galleries

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 has furloughed between 300-400 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

News
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

News
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

News
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

News
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

News
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

News
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