Auction houses

Robert Colescott’s 1919 sells for $3.5m at Bonhams during special Armory Week auction

The painting, which featured prominently in a recent Colescott retrospective, hammered slightly below its estimate

A $20m Joan Mitchell will lead Sotheby's offering of works from the collection of New York dealer John Cheim

The late-career painting is expected to break the artist’s $16.6m auction record this November

Art, furniture and more from the Rothschild family’s private collection could fetch $30m in unprecedented New York sales at Christie’s

The autumn auctions will mark the first dedicated sales in North America tied to the powerful banking family

Sotheby’s to sell €11m collection from the Hydra home of Pauline Karpidas

The British patron’s annual meetings on the Greek Island were a “who’s who of the contemporary art world”

Christie’s calls off further sales of Heidi Horten’s controversial jewellery collection

Horten’s late husband became a billionaire during the “Aryanisation” of Nazi-era Germany

N.C. Wyeth painting purchased at a thrift shop for $4 could sell for $250,000 at auction

The painting's whereabouts were unknown for 80 years, but a Facebook post led to its rediscovery

Fresh ‘Avocado Salad’ painting by Wayne Thiebaud could fetch $1.8m at Hindman

The rare savoury still-life from 1962 will return to the market for the first time in at least 55 years

Hundreds of works from Los Angeles's infamous Ace Gallery to be liquidated via online auction

At least $230,000 worth of art and ephemera is being offered to repay creditors in the gallery's 2013 bankruptcy

Christie’s eyes Austin, Texas as a potential hotspot for millennial clients

The auction house will host its first outreach event in the rapidly growing Texan capital next month

Diaryblog

Killer Queue: Freddie Mercury fans go Ga Ga and line up round the block for Sotheby’s show

The masses are being drawn in by the chance to see objects both fine and personal

Sotheby’s UK profits dropped by almost a quarter last year amid 'Brexit red tape'

An auction house spokesperson says Companies House figures do not represent full scope of business

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'Exploring Art: From the Renaissance to Contemporary' launches this autumn at Christie’s

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Lempertz to sell Max Pechstein self-portrait following settlement with Jewish doctor's heirs

The painting was pulled from a sale in June following reports it was sold under duress in 1936 by Walter Blank, who died in Spain while fleeing Nazi Germany

Ancient Mesoamerican artefact with ties to ritual ball game returned to Mexico

An auction house in Austria intended to sell the artefact before officials stepped in, according to the Mexican government

Auctionsanalysis

Christie's Modern and contemporary evening sale in London plummets 66% from last year's equivalent auction

Few big-ticket consignments and New York's turbo-charged May sales marred tonight's performance

Major Robert Colescott painting coming to auction during Armory Week in New York

"1919" is among Colescott’s most important works, according to Bonhams, and figured prominently in a recent touring retrospective

Louvre interrupts sale of €2.6m record-breaking terracotta sculpture

Under patrimony laws the museum cannot intervene during the auction but can buy up works at the final price

Alexandre Crochet. With additional reporting by Gareth Harris

Wool you look at that: rare set of François-Xavier Lalanne sheep net $1.3m at Bonhams New York

Buyers flocked to Lalanne’s famous sheep and helped ramp prices up past the auction house's estimates

Basel auction house prepares for first sale after being acquired by Artcurial

Artcurial Beurret Bailly Widmer will offer a selection of works from the estate of Florence and Antoine Poncet

Resale rules have become the art world norm: what are they and are they enforceable?

Art sales contracts now often include terms stating when and how you can—or rather, how you cannot—sell a work on

'The prestigious places are the worst': low pay still dogs the art industry, despite optimistic salary survey

The art market salary report offers insights into salaried employment but the impact of low wages—and having children—in a time of rapid inflation are missing

French actor Alain Delon’s art collection heads to auction

"The Leopard" star’s collection could bring in as much as €5m at Bonhams in Paris

Art marketanalysis

Wealthy American art collectors capitalise on tax-efficient gift scheme

Donor Advised Funds allow individuals to claim tax relief while they are still alive through making gifts of art and other assets—without obligation to pay out money to charity straight away

Sotheby's veteran Kevin Ching joins Christie's as chairman of Asia

Ching will be based in Hong Kong and starts the new role on Wednesday

Louise Bourgeois's record-breaking $32.8m Spider crawls to top of Sotheby's contemporary art sale

A double-header night of The Now and contemporary art auctions set ten new artist records, boosting confidence after a lacklustre Christie's sale of the Gerald Fineberg collection

Phillips scores $69.5m in New York evening sale, led by Banksy’s take on Basquiat

A painting by Noah Davis reached more than nine times its low estimate after a 12-minute bidding war

Art marketanalysis

Christie’s pulls off a safe 21st-century evening sale in New York, powered largely by a $58m Basquiat

While a handful of lots—including new records for Diane Arbus and Simone Leigh—created a buzz in saleroom, bids felt reined in amid economic uncertainty

Battle of the Basquiats: Christie’s and Sotheby’s both have big, eight-figure paintings lined up for marquee spring sales

'El Gran Espectaculo (The Nile)' and 'Now’s the Time' are estimated to sell for $45m at Christie’s and $30m at Sotheby’s, respectively