Auctions

Feature
Auctions

Going, going, gone online: Europe's auction houses go digital

Online-only auctions may tend to focus on the lower end of the market, but they are key to expanding clientele. We survey ten auction houses to find out their strategy

Analysis
Auctions

Hockney double portrait sells for £37.7m, accounting for half of Christie’s contemporary sale in London

Overall results are down 42.7% on last year, but European buying remains strong despite Brexit

News
Deaccessioning

UK local authority's plan to dispose of 90% of works in its collection rings alarm bells

Art Fund raises concerns about consignment of 152 works to auction by Hertfordshire County Council

News
Art market

Keep the Monet flowing: trim but efficient Sotheby's sale starts London's pre-Brexit Impressionist and Modern art week

£63m auction total is half that of last year, but bidding from Asia and Russia helps make new record for Oskar Schlemmer and a Venetian view by Monet

News
Object lessons

Object lessons: from Egon Schiele's nod to Gustav Klimt to black magic by René Magritte

Our highlights from upcoming fairs and auctions

News
Museums

SFMoMA to sell a Rothko estimated at $35m to $50m

Proceeds would go toward acquisitions that “address art historical gaps’’

News
Fakes & copies

Nuremberg prosecutor seizes 63 Hitler works from auction house on forgery suspicions

Twenty-six of the seized works were to be auctioned at Auktionshaus Weidler tomorrow

News
Auctions

The Fine Art Society closes Mayfair gallery after 142 years with 'emotional' sale at Sotheby’s

Sculpture of Peter Pan and painting by Gluck were among the stars of five-hour long auction

News
Object lessons

Object lessons: from a heart-shaped meteorite to a censored image of Joséphine Baker

Our highlights of works being sold over the next fortnight

News
Art market

Drawings prove the main draw for collectors at New York’s Master Week sales

Sotheby’s sees strong sales for works on paper by Rubens and Carracci while interest in masterworks by female artists slowly rises

News
Fakes & copies

Hitler watercolours seized as suspected fakes

Three landscapes signed A. Hitler were offered for sale at Berlin’s Auktionshaus Kloss

News
Auctions

Dutch Royal family’s decision to auction $2.5m Rubens drawing at Sotheby's sparks criticism

Calls are growing to give Dutch museums first refusal but Dutch prime minister says it is a ‘private matter’

News
Art market

Life lessons: what the art market learned from 2018

Georgina Adam speaks with three leading art world figures on the key events of last year and what 2019 may hold

News
Art market

A monumental work by Marie Antoinette’s portraitist will headline Sotheby’s Female Triumphant sale

Major works by 14 women artists are expected to dominate Sotheby’s Masters Week offerings and bring more 'diverse' collectors

Analysis
The Year In Review

2018 in the market: the price is right for pale males

David Hockney was latest white male artist to set a record this year

Analysis
The Year In Review

Market stunts predict the future… and evoke the past

The Leonardo and Banksy auction spectacles suggested a future in which marketing triumphs. But was it ever thus?

Analysis
The Year In Review

From counting muddles to collective cuddles: the art world's highs and lows of 2018

The people, places and things that had a year to remember—or to forget

Blog
Adventures with Van Gogh

Van Gogh's portrait of a prostitute coming up for sale

Christie’s, more discreetly, entitles it “Portrait de femme”

News
Art market

Glenn Gould’s Bach hits the auction block

The late pianist’s 1981 annotated score of Bach’s Goldberg Variations is the first of his manuscripts to come to market

News
Auctions

How a Roman sarcophagus—going on sale this week—was emptied for a pug

Skeleton of young man was evicted to make way for the body of the first Duke of Buckingham and Chandos's pet dog

News
Art market

Record set in Canada for Nobel Prize-winning doctor and artist Frederick Banting

A painting of the University of Toronto lab where he co-discovered insulin goes for ten times its high estimate in Toronto

Analysis
Auctions

The highs and lows of New York ‘gigaweek’

Hockney made the headlines, but other artists made waves—or flopped—at November’s auctions

Comment
Art market

Why the Christie's and Sotheby's duopoly is impregnable

The auction houses sell more than 80% of works priced over $1m at auction—can an underdog ever wrestle market share away from them?

News
Art market

Auction house pulls seven objects from American Indian sale amid protests

Native American official calls planned auction of the items “unconscionable”

News
Ben Uri Gallery

Ben Uri museum advisory board resigns en masse over Sotheby’s sale of works from the collection

Nicholas Serota and Norman Rosenthal say that selling off the works is a “grave mistake”

News
Auctions

Phillips and Bonhams see strong sales on smaller lots

The auction houses' bottom lines suffered from unsold lots in their contemporary sales, continuing a trend of top-lot discernment during New York’s fall sales

Podcast

David Hockney: exclusive interview with the world's most expensive living artist

We talk to David Hockney about Portrait of an Artist (Pool with Two Figures), which broke an auction record this week, selling at Christie's New York for $90.3m with fees. Produced in association with Bonhams, auctioneers since 1793.

News
Auctions

Nobel Prize-winning doctor’s painting of the lab where he discovered insulin goes on sale in Toronto

Dr Frederick Banting wanted to take up art full-time, but he was killed in a plane crash during the Second World War

News
Art market

African American artists sweep Sotheby’s contemporary evening sale in New York

With only two lots unsold, the auction house nets $362.6m in evening of avid bidding

Preview
Art market

How high will Hockney go and can his soaring market last?

A double pool portrait, estimated at $80m and offered at Christie’s with no reserve, could set a record for the most expensive work by a living artist

News
Art market

Record $91.9m sale of Edward Hopper’s Chop Suey buoys confidence at Christie’s American art sale

At $317.8m, the Ebsworth evening sale becomes one of the top five most valuable collections ever sold at auction

News
Art market

Top lots go unsold at New York's Impressionist and Modern sales, proving a discerning but 'not doomsday' market

Monet carries Christie's evening sale while a Magritte shines at Sotheby's, marking an auction record for the Surrealist painter

News
Art market

Guarantees: the next big art market scandal?

Third-party auction deals have made some people very rich—but they may be bad for the market in the long run

Comment
Art market

Common mistakes of rookie auction guarantors

Guarantees can be lucrative, but in the face of savvy competition, novices can get burnt when backing works as a third-party

News
Art market

Ambitious estimates hamper Christie's $279.2m Impressionist and Modern art sale as Van Gogh goes unsold but Monet is on the money

New York auction topped by Monet's Le bassin aux nymphaés, sold to an Asian buyer at $31.8m

News
Auction record

Holy grail of folk ceramics made by 19th-century snake handler breaks auction record

The “snake jug” shattered the previous record for Anna Pottery, a niche favourite of Americana collectors

Comment
Auctions

Contemporary art’s value may be on the rise, but it comes at a greater cost

Chicago’s aborted effort to sell Kerry James Marshall’s public work teaches us something about the transactional nature of today’s culture

News
Law

US court orders collector to repay Sotheby’s $1.2m for Parmigianino fake

The judgement comes after two experts found the painting was made with modern synthetic pigments

News
Auctions

Sotheby’s withdraws painting that Pierre Bergé ‘maintained was by Manet’

The work was one of 18 to have been placed under a court order following a financial dispute unrelated to the auction

News
Art market

Villa Grisebach to sell founder’s collection to raise funds for new Museum of Exile

Two-day auction will include works by Picasso, Matisse, Egon Schiele, collected by Bernd Schultz over six decades

Analysis
Art market

Will the market for AI art take off?

With no auction precedent and little primary market data, Christie's sale of a work made by an algorithm tests demand

News
Art market

Christie's to offer major works from the Klapper collection that could fetch more than $50m

The 20-lot sale spans the auction house's New York and London locations and includes works ranging from Old Master paintings to a Monet

News
Auctions

Writer and ceramicist Edmund de Waal’s famed netsuke collection to go on long-term loan to Vienna—and under the hammer

The Japanese carved toggles feature in his 2010 memoir The Hare with Amber Eyes

Blog
Adventures with Van Gogh

Van Gogh's garden painting set to make $40m auction record for Paris period

Now being sold by a London-based collector at Christie's New York, the work will probably go to Japan or China

News
Auctions

Banksy renames shredded painting Love Is In the Bin as work sells to winning bidder after a week of negotiation

Girl With Balloon canvas ‘self-destructed’ live at Sotheby’s last week in one of the most publicised stunts in auction history

News
Art market

Abraaj Group liquidators to sell 200 works from art collection at Bonhams

Middle Eastern and South Asian works owned by embattled Dubai-based private equity firm carry much lower estimates than prices paid a decade ago

Blog
In the frame

Ye made this work famous—and you can buy it

News
Art market

Plucky Brits: Banksy self-destructs and Jenny Saville makes £9.5m record for a living female artist

Just when we thought Frieze week was all over, twists and turns provide high drama at Sotheby’s contemporary evening sale on Friday night

News
Frieze London 2018

Contemporary art market cools as confidence drops

Brexit and Trump's trade war with China are affecting the mood of buyers

News
Art market

Sotheby’s 'Banksy-ed' as painting 'self-destructs' live at auction

Girl with a Balloon (2006) had just hammered at £860,000

News
Art market

British artists dominate Christie's patchy £71.1m sale, as over-priced Koons and Richter fail to sell

Francis Bacon's lighter depiction of George Dyer leads auction at £17.5m, with strong prices for Hurvin Anderson, Bridget Riley and Albert Oehlen

News
Frieze London 2018

Sotheby’s introduces mysterious new symbol in auction catalogues

The curvaceous M indicates a work that is "subject to right of first refusal"

News
Frieze London 2018

Christie's to auction works by Grenfell victim Khadija Saye

Profits from the sale will support new UK arts education programme in 2019

News
Auctions

Public art advocates—and the artist himself—speak out against sale of Chicago library’s Kerry James Marshall mural

The work, commissioned in the 1990s for $10,000, is due to be sold at Christie’s, New York for an estimated $10m to $15m

News
Art market

Auction transfer season: Cécile Verdier of Sotheby's replaces Christie's France president, François de Ricqlès

Move follows a record-breaking breaking year for Paris auctions in 2017

Preview
Art market

Object Lessons: from a polaroid of Basquiat to a Ming dynasty bodhisattvas

Our pick from this week's fairs and auctions

News
Art market

Young pop-up The Auction Collective claims bidding on art is as easy as buying a book on Amazon

No buyer's premium and bidding paddles on your phone, but founder still believes holding physical auctions is key

News
Art market

Sotheby's cancels Viel Castel sale after entire collection is bought by a US buyer

The auction of art, antiques and works of art was cancelled an hour after its supposed start time following private deal

News
Art market

Salvator Mundi’s patchwork provenance now includes a 50-year stop in Louisiana

The work was bought by a Baton Rouge family for about $120 while travelling in London in 1958, the Wall Street Journal reports

Preview
Art market

Object Lessons: from Barbara Hepworth's St Ives bronze to Grant Wood's censored lithograph

Our pick from this week's auctions and fairs

News
Auctions

A work by Hopper, promised as gift, heads to the auction block instead

Christie's to sell $70m painting once pledged to the Seattle Art Museum

News
Art market

Sotheby’s to offer landmark paintings by Marsden Hartley and Ludwig Meidner in November

The auction house hopes the works will surpass previous records by several million

Preview
Art market

Object Lessons: from a Venetian glass bowl to an ancient Chinese ritual vessel

Our pick from this week's auctions and exhibitions

News
Auctions

Bonhams auction house bought by Epiris private equity group

The British auction house brings in former Sotheby’s financial executive Bruno Vinciguerra as part of the deal

Blog
In the frame

Simon de Pury puckers up and Marina talks Trump—but Helga Davis steals the show at the Watermill summer gala

News
Auctions

Civil rights activist Rosa Parks’s home is on the (auction) block with a $1m-$3m price tag

Detroit house was saved in 2016 by the US artist Ryan Mendoza and Parks’s niece Rhea McCauley

News
Art market

Christie’s reports record half year sales of £2.97bn

Rockefeller auction plus leap in private and online sales drive 26% increase

News
Claude Monet

Monet’s lost cat returns home to Giverny

A “purr-fect” ending to the story of the missing pottery object found in the collection of the artist’s secret granddaughter

Analysis
Art market

More than just a pretty face: furrowed brows win at Christie's patchy Old Master sale, but £6.7m sculpture tops paintings

Tacca's Hercules is star of the bronzes, while Carracci's military portrait and Rembrandt's print find favour where Rubens's daughter flounders in £31.1m sale

Analysis
Art market

Guarantees, the Beckham effect and warts-and-all portraits: Sotheby's pulls off a consistent Old Master sale

No big hitters, but overall quality and new buyers from Asia and Latin America buoyed £42.6m auction, with £5.3m record for Canova set in day sale

News
Art market

Glut of sculpture in London auctions, despite Giambologna withdrawal

Bronze and marble take centre stage during Old Masters sales week, although Dresden Mars returns home without going on the block at Sotheby's

News
Auctions

German government steps in to buy Giambologna as minister says Bayer should have donated it to ‘people of Dresden’

Sotheby’s withdrew bronze sculpture of Mars from auction at last minute

News
Art market

London’s contemporary art summer season in flux as middle market comes out on top

Christie’s introduces day sale format and established names give way to new talent

News
Art market

Lucian Freud’s late reclining nude makes London record at £22.5m

Artist was 80 years old when he began the painting of a former Tate cataloguer

News
Berkshire Museum

The Berkshire Museum to sell nine more works from its collection

The institution failed to meet its $55m target at last month's auctions