Sotheby's

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Art market

Sotheby's will sell Christo's preparatory works for Arc de Triomphe wrap

Proceeds from exhibition will go towards funding the monumental Paris project

News
Art market

England may be through to the Euro finals, but Sotheby's Old Master paintings sale scores an own goal

The auction house's £17.2m offering in London tonight was only 57% sold, overshadowed by the football

News
Art market

Lucian Freud's portrait of David Hockney fetches £14.9m in strong hybrid sales at Sotheby’s in London

Asian bidders and British art boosted figures to make auction house's highest summer total since 2018

News
Art market

Sotheby's doubles down on private sales with Monte-Carlo gallery

Seasonal two-storey space is newest addition to Monaco's growing commercial art scene

Preview
Object lessons

June auction highlights: from a delicate Degas pastel to a Kandinsky painting once owned by the Guggenheim museum

Our pick of the best objects up for sale in London and New York

News
Books

Bronte childhood portraits at stake as UK museums and libraries race to save literary treasures

Sotheby’s has postponed auction of extraordinary Honresfield Library as a consortium seeks £15 million to buy it

News
Art market

Sotheby's launches sales in Germany—against stiff competition from local auction houses

The opulent Palais Oppenheim in Cologne will host exhibitions and sales from September. Sotheby's says move is due to growing client base in country, not Brexit

News
Art market

'Two cool older boys': Lucian Freud's portrait of David Hockney expected to sell for up to £12m

The work, which took four months to paint in 2002, will be auctioned at Sotheby's this month

News
Art market

Sotheby's to offer Tim Berners-Lee's original code for world wide web as (you guessed it) an NFT

Berners-Lee says NFTs are the "ideal way to package the origins behind the web"

News
Art market

Sotheby's owner Patrick Drahi buys £2.2bn majority stake in BT

The cost-cutting French telecommunications billionaire has formed Altice UK to buy a 12.1% stake in the company

News
Art market

Shoe designer's $18.9m 'Double Eagle' sets new world record for a coin at auction

The unique coin from 1933, part of a collection amassed by luxury shoe designer, Stuart Weitzman, sold at Sotheby's in New York yesterday

News
Deaccessioning

After disputed sale at Sotheby’s, Thomas Cole’s The Arch of Nero will go on view at Philadelphia Museum of Art

Institution says the work is being lent by the foundation that swooped in to rescue it when it was deaccessioned by the Newark Museum of Art

Blog
Diary

Crypto-crazed Sotheby's launches first virtual gallery in digital metaverse Decentraland

News
Auction Report

Sotheby's American Art auction saw some prices soar, while Christie's remained grounded

A museum sells art to balance its budget, a gorgeous Sargent goes unwanted, and a painting of a giraffe reaches high.

Podcast

New York auctions: has the art market roared back to life?

Plus, Heather Phillipson at Tate Britain and Ackroyd and Harvey on Joseph Beuys

Sponsored byChristie's

Blog
Insta’ gratification

Can Instagram bring the big auction houses into the digital age?

Christie's and Sotheby's are starting to embrace what the social media platform has to offer

News
Art market

Monet's $70m water lilies float to the top of Sotheby's three-auction marathon

The evening of sales in New York totalled $439.6m, with Basquiat's Versus Medici topping the contemporary art offering at $50.8m and a new record for Leonor Fini

News
Art market

Hands up who's bidding for classic post-war art? Picky response to Anne Marion's all-American collection reflects market's shifting tastes

Sotheby's auction of the Texan rancher's collection totalled $157.2m and set new records for Kenneth Noland, Larry Rivers and Richard Diebenkorn

News
Art market

Access denied: British auction house executives refused US visas to travel for marquee New York sales week

But the show goes on at Sotheby’s and Christie’s with a mixture of in-person and remote bidding, while British dealers are getting creative in the Big Apple

News
Art market

Crypto-creep accelerates as Sotheby's accepts Ether and Bitcoin for $5m Banksy painting

The sale this month will be the first time the auction house has accepted cryptocurrency as payment for a physical work of art

News
Restitution

Sotheby's to sell $2m Meissen porcelain collection restituted by Dutch government to heirs of Jewish industrialist

The collection of 18th-century porcelain was previously exhibited in Dutch museums

News
Art market

Sotheby’s launches first auction dedicated to women artists—but why do we still need a segregated sale in 2021?

Online sale will span the 17th to the 21st centuries featuring artists including Dorothea Tanning, Hannah Höch and Barbara Hepworth

News
Art market

Sotheby's to sell Robert Colescott's take on George Washington crossing the Delaware River

The painting's low estimate of $9m is ten times the artist's record at auction

News
NFTs

A grey single-pixel 'work' sells for $1.3m at Sotheby’s maiden NFT sale

Over 3,000 bidders purchased nearly 24,000 digital works in a three-day, multi-facted sale on Niftygateway

Blog
Adventures with Van Gogh

Who bought the €13m Van Gogh? Britain’s second richest family

Montmartre painting was auctioned twice by Sotheby’s, after a bidder failed to have the necessary cash

News
Art market

Selling, selling, sold...and sold again. The truth about the bungled sale of a Van Gogh at Sotheby's

Rare painting of a Montmartre street scene sold three times in the same auction

News
Art market

In bidding confusion at Sotheby’s, unseen Van Gogh initially sells for €16.2m but is then resold for €13m at end of auction

Cross-category relay sale brought in $176.2m against high estimate of $120.5m and culminated with surprise Basquiat announcement

News
Art market

Gaitonde breaks Indian art auction record—again—but Amrita Sher-Gil painting falls flat in uneven South Asian sales

A number of Indian artists made their auction debut this season, though several established names missed the mark

Preview
Object lessons

Object lessons: from a dagger-brandishing Irma Stern painting to a Munch self-portrait with a turbulent history

Our pick of the highlights from this month's auctions

News
Art market

Sotheby’s to auction Karl Lagerfeld’s collection in Monaco

The fashion designer, who died in 2019, was an enthusiastic collector of art and design

Blog
Adventures with Van Gogh

Bought for around $1,000, now worth $10m: where was the newly unveiled Van Gogh landscape hidden away?

Montmartre windmill painting is on view with Sotheby’s for the first time since it left the easel

News
Art market

Is this video of Petr Davydtchenko devouring a live bat the first performance art NFT?

Or does the title belong to a crypto work by Pak, recently acquired by a Sotheby's specialist?

News
Auctions

Unseen Van Gogh painting of Paris—owned by one French family for a century—could make $10m at Sotheby’s

The rare work shows a distinctive pastoral side to the city's Montmartre neighbourhood

News
Art market

Sotheby's to sell the $150m collection of Texan rancher and philanthropist Anne Marion

The group of predominantly post-war art, including works by Clyfford Still and Andy Warhol, will be sold over a series of sales this spring

Comment
Art market

Sotheby's brought to you by Bulgari—product placement at auction has arrived, with limitless potential

Yesterday's auction saw auctioneer plugging the brand while wearing one of its watches. What might we see next—Edvard Munch sponsored by Bollinger?

Podcast

New normal for Old Masters: Botticelli's record online sale and new AI research on Leonardo's Salvator Mundi

Plus, Gerard Byrne on his work inspired by a Swedish diorama

News
Auctions

Botticelli portrait sells for record $92.1m at Sotheby's in New York

A portrait of a Young man holding a roundel (around 1470-80) by the Renaissance master seemingly sold to a Russian buyer

News
Auctions

Rare Rembrandt withdrawn from Sotheby's New York auction

The sale's other big ticket item, Young man holding a roundel (around 1470-80) by Sandro Botticelli, estimated to sell in excess of $80m, is still included

Comment
Botticelli

'Looking just gorgeous': Granddaughter of $80m Botticelli's former owner on living with the masterpiece

Suzy Lewis recalls the "absolute disaster" of the painting's 1982 sale

News
Art market

Why Sotheby's $80m Botticelli continues to mystify experts

Star lot of upcoming New York Master Week sales is set to smash previous auction record for the Early Renaissance painter

News
Art market

‘The well is drying up’—rare Rembrandt biblical work could fetch $30m at Sotheby's next month

‘Abraham and the Angels’ is one of only two Old Testament paintings to remain in private hands

News
Auctions

Warhol, Oldenburg, Fontana: star works from Christo and Jeanne-Claude collection go on the block

Proceeds from the pieces sold at Sotheby’s Paris in February will go towards the artist duo's estate

News
Art market

Tech-savvy Sotheby's $5bn global sales beat Christie's $4.4bn in 2020

The two rivals have made record online and private sales as pandemic overturns traditional live auction format

News
Art market

Record for Barkley Hendricks and $18.2m Calder at otherwise unremarkable Sotheby’s sale

Almost half of the auction's total sales value was bought by Asian buyers, but 12 lots sold below their estimates

News
Art market

Christie’s and Sotheby’s ordered to disclose dealings with the late sex offender Jeffrey Epstein

Sales of paintings by Cézanne and Picasso worth a combined $139m are also under scrutiny by the US Virgin Island attorney general

Blog
Adventures with Van Gogh

Poignant Van Gogh watercolour of a windmill coming up for sale

Sheltering from a rainstorm at the mill, Vincent and his brother Theo made a teenage pact

News
Art market

'The law has to fall on someone': Seller of allegedly fake Frans Hals must pay Sotheby's $5.3m for cancelled sale, judge insists

Co-vendor of the painting, Fairlight Art Ventures had appealed the ruling last year but court upheld the decision yesterday, finding in favour of the auction house

News
Art market

Seller contests having to repay Sotheby’s for allegedly forged Frans Hals

In latest hearing of ongoing legal saga, Fairlight Art Ventures, co-vendor of painting sold in 2011 for $11.75m, is refusing to pay auction house more than $5.3m

News
Art market

New York state sues Sotheby's for allegedly helping collector evade tax on $27m of art

Auction house "vigorously refutes the unfounded allegations" made by the attorney general, who claims the auction house knowingly aided the offshore company Porsal Equities

Analysis
election 2020

What the presidential election means for the US art market—no matter who is in the Oval Office

A dwindling middle market faces a stingy Senate while rising inequality and public unrest could prompt even more private sales

News
Real estate

The pull of Palm Beach proves irresistible for blue-chip galleries—but for how long?

Lehmann Maupin and Paula Cooper are the latest to join dealers like Acquavella and Pace in setting up seasonal spaces in the Sunshine State

Podcast

Has coronavirus helped unmask the real prices of art?

Plus, JMW Turner at the Tate and John Stezaker on Bruegel

News
Art market

Giacometti, De Chirico and Alfa Romeo cars lead Sotheby's $283m New York sales after major museum works abruptly pulled

Following weeks of controversy, the Baltimore Museum of Art withdrew two paintings just hours before the auction while many other works sold near low estimates

News
Deaccessioning

Baltimore Museum of Art calls off sale of Warhol, Still and Marden after outcry

Last-gasp decision after talks with the US museum directors association comes just before a Sotheby’s auction

News
Deaccessioning

US Association of Art Museum Directors sends a warning note to its members on deaccessioning

As works head to market, organisation reminds members that its relaxed rules were not adopted to “incentivise” art sales

News
Deaccessioning

Sotheby's sale of Israeli museum artefacts delayed after government pressure

Criticism in Israel reached an apex when President Rivlin called for the state to prevent the London auctions

News
Deaccessioning

Assailing leadership, two former board chairmen say they are rescinding $50m in planned gifts to Baltimore Museum of Art

Two artists also step down as board trustees amid turmoil over plans to deaccession three paintings

News
Deaccessioning

Responding to outcry, Baltimore Museum of Art board chair defends deaccessioning decision

“The greatness of the BMA’s collection does not live within three individual paintings,” she says as the sale of a Warhol, Still and Marden approaches

News
Art market

Revealed: sellers of £7.6m Banksy were London collectors who provided venue for artist's 2005 Crude Oils exhibition

As part of the deal, Roland and Jane Cowan acquired the faux Impressionist canvas from the artist—it sold last night at Sotheby's

News
Art market

Sotheby's to offer monumental Giacometti bronze in rare 'sealed bid' sale with a minimum bid of $90m

Last sold at auction for $4.9m, offers will be reviewed ahead of the auction house's contemporary and Impressionist and Modern art evening sales on 28 October in New York

News
Deaccessioning

Former trustees and donors ask state to block sale of three important works by the Baltimore Museum of Art

Letter asks Maryland attorney general and secretary of state to investigate planned deaccessioning of a Warhol, Still and Marden

Blog
Adventures with Van Gogh

Coveted Van Gogh bouquet to be sold at Sotheby's New York, valued at $18m

Chequered past: from the Bear Skin to the Nazis, a once-restituted painting is now coming up for auction

News
Deaccessioning

Brooklyn Museum steams ahead on deaccessioning

After netting $4.2m for a Cranach, the museum plans to sell off works by Monet, Dubuffet, Degas, Miró and Matisse

News
Deaccessioning

Palm Springs Art Museum will deaccession a work by Helen Frankenthaler at Sotheby's

The work carries an estimate of $2.5m to $3.5m and will help the museum cope with its financial struggles amid the Covid-19 pandemic

News
Stolen art

Stolen Mao Zedong scroll worth $300m found cut in half after being resold for $65

Hong Kong police have arrested three men in relation to a $645m heist that included calligraphy by the Communist leader and other revolutionary art and ephemera

News
Art market

Gerhard Richter painting becomes most expensive western work ever sold at auction in Asia

The $29.2m painting sold at Sotheby's last night in a live-streamed contemporary art sale that took place in Hong Kong as Christie's held its marquee sale in New York

Interview
Auctions

Hong Kong dealer Johnson Chang on selling his collection and rethinking art for a new era

The collector and gallerist explains why he moved his central Hong Kong gallery and is parting ways with some of his favourite works at Sotheby's this week

News
Deaccessioning

Baltimore Museum of Art will sell important paintings by Warhol, Still and Marden

Acting on relaxed rules, it will use the funds for collection care and salary increases as well as diverse acquisitions

News
Auctions

Judy Chicago's Birth Project series work will benefit Planned Parenthood as reproductive healthcare comes under renewed threat

With a high estimate of $350,000, the sale of "Trinity Birth Quilt" at Sotheby's Choice Works charity auction event could reset the artist's auction record

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
Auction houses

Hedge fund manager Alexander Klabin buys stake in Sotheby's financing arm

Now the chairman of Sotheby's Financial Services, Klabin was previously approached to back a competing offer to block last year's buyout of the auction house by Patrick Drahi

News
Money laundering

Will US Congress finally pass anti-money laundering legislation?

A recent Senate report found that secretive art market enables sanctions circumvention

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
Books

German library buys 400-year-old album of drawings by European royalty for €2.8m

Art dealer Philipp Hainhofer's 16th-century "friendship book" contains inscriptions from Holy Roman Emperor Rudolf II and Cosimo de’ Medici

Blog
Diary

Hip hop hammer time—Biggie's crown goes on the block at Sotheby’s auction

Blog
Diary

Youthful Oscar Wilde’s witty Q&A goes under the hammer at Sotheby’s

News
Art market

Sotheby's racks up $2.5bn of sales so far this year—down 26% on 2019

Value of private sales at auction house remain around the same as last year at $575m but number of online auctions more than doubles

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

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

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

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

News
Art market

Anatole Shagalov must pay Sotheby's $2m for Keith Haring painting, judge rules

Art dealer did not pay up for painting bought at auction in 2017

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

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

Let the distress sales begin: cash-strapped British Airways to sell some of its art collection

Airline has called in Sotheby's to value and sell at least ten pieces from its collection, which includes works by Damien Hirst, Bridget Riley and Peter Doig

News
Antiquities

Sotheby’s cannot sue Greece over bronze horse, US court rules

The country's government had questioned the provenance of the artefact, forcing it to be pulled from a 2018 sale

News
Art market

Florida man who bought a Rothko from Sotheby’s using a stolen identity sentenced to 4.5 years in prison

The interior decorator was convicted of conspiracy to commit wire fraud for buying art from galleries, auction houses and collectors using his wealthy clients’ credentials

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

News
Auction houses

Allan Schwartzman leaves Sotheby's following restructuring under new ownership

The co-founder of Art Agency, Partners will transition to a consultant role as Nina del Rio takes the helm of the auction house's advisory services

News
Art market

Sotheby’s prepares to reopen galleries in New York and London

Chief executive Charles Stewart lays plans for the auction house’s flagship sales to be held in New York next month

News
Art market

Sotheby's launches Gallery Network online sales platform

Featuring galleries like Petzel, Lehmann Maupin and Jack Shainman, the buy-now marketplace transacts sales through the auction house at publicly listed prices

Blog
Diary

On the block at Sotheby’s: David Bowie’s wallpaper featuring Lucian Freud nude—and emasculated minotaurs

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

Feature
Obituaries

Peregrine Pollen, who revitalised auction industry and laid the ground for the booming art market of the 21st century, has died, age 89

One of the most dynamic figures in the international expansion of Sotheby's in the 1960s and 1970s, descended from generations of collectors and men of action

News
Art market

What is Sotheby’s doing to win private sales?

As the Donald B. Marron collection goes to three dealers, the auction house is rethinking how it pitches for works