In a post-Covid world, tech-savvy collectors continue to disrupt the old model of in-person trading
Move follows concerted drive by the auction house to gain ground in the blockchain and fintech domains
The auction house’s quick reaction to the Covid-19 pandemic has positioned it well to survive any approaching economic headwinds, executives claim
Despite what hyperbolic marketing might suggest, sales of 20th-century titans are failing to reach expected price points
The auction house made £17.5m with a record achieved for British painter Antonia Showering
There were few fireworks in the three-part sale as the froth comes off the top of the market
Chief executive says latest acquisition is part of his strategy to stay local while going global
Davis helped usher NFTs into the mainstream as Christie’s head of digital sales, and has vowed to keep the Punks pure
The French-Israeli billionaire is the majority shareholder in BT through his firm Altice
The Wurundjeri Corporation hopes to crowdfund $175,000 to secure the return of the pieces, which are being sold by the De Pury family at Sotheby’s New York
While both back-to-back sales did well, works by artists under 40 were snapped up at a rate not matched by their elders, making seven artist records
As the city council cuts auction regulations, the houses say they will not change their practices, but the prospect of more opaque bidding and guarantees may prove irresistible
For decades Russian billionaires were feted for their free spending on the arts. Now, they are officially personae non gratae. But what of the other individuals and regimes with dubious reputations?
But firms say they will continue to operate policies and practices that promote transparency
The Louvre has two-and-a-half years to buy the record-breaking €24m painting
The recent London auctions suggested a market of extremes, with some seeking the safety of guarantees and others speculating on works by young stars on the rise
Spider IV will be offered at Sotheby's Hong Kong contemporary evening sale later this month
A number of new appointments are announced today at the auction houses, with a different EMEA president for Christie's and new managing director in the Middle East at Sotheby's
The move comes as the art market steps up its due diligence
The firm bags a second Scandinavian auction house as sector consolidation continues
Just two months after buying the Nordic firm Bukowskis, the private-equity-owned auction house is bolstering its presence across the Pond
Jeha began his career at the auction house as an intern in the Impressionism department
Back-to-back auctions, with works from Degas to Banksy, brought in a total of £221m
The firm, owned by the Mercury Group, posted the message on Instagram yesterday, to some criticism
The middle market, traditionally the art world’s unloved child, offers treats galore
Portrait of a Lady by the artist and his workshop is expected to sell for up to £4m at DesaUnicum in Warsaw next month
As the Chinese art specialist steps back at Bonhams, he reflects on 50 years in the auction world as it went from provincial to global
Ex-staff are now considering legal action, claiming they were not kept informed of changes to the scheme
With the forced shift to online sales due to Covid-19 restrictions, global sales at Sotheby’s, Christie’s and Phillips boomed in 2021, with an increased focus on luxury goods as the rich get richer
Auction houses continue to show little sign of progress and lag behind public sector institutions