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Auctions

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 hours before a Sotheby’s auction

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

Podcast

The great museum sell-off: should public collections deaccession to survive Covid-19?

Plus, the artist Jennifer Packer on a Buddhist mural in the Metropolitan Museum of Art in New York

News
Auctions

The Royal Opera House's David Hockney painting sells for £12.8m at Christie's amid deaccessioning debate

The auction house's four-part £90.2m "20th Century: London to Paris" sale saw small bursts of energy for quality lots in the wake of Frieze and Fiac's cancellations

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

Comment
Art Market Eye

A flood of art? The market issues around museum deaccessioning

A flurry of museum pieces is heading to auction, but will there be enough buyers for them?

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
Auctions

Phillips London sets new records for Emily Mae Smith and Portia Zvavahera in £26.3m contemporary evening sale

While the top lot of the night—a fiery self-portrait by George Baselitz—struggled to meet its low estimate, a bidding war broke out over Dana Schutz's painting of a bright orange Trump

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

To mirror, and support, community: Everson Museum board chair defends deaccessioning of a Pollock

Auction proceeds will go towards diversifying the collection at the Syracuse institution with “inspirational” art

News
Restitution

Nazi-looted Dutch Old Master to be auctioned in settlement between heir and current holder

The Golden Age work by Aelbert Cuyp was looted from Jacques Goudstikker and acquired by Hermann Göring

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
Art market

Deutsche Bank to auction Kandinsky and Schiele works from collection

Three works are to be sold at Christie’s in Paris this month; further sales to follow

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

News
Auctions

T-Rex takes on Twombly at Christie's $341m 20th-century evening sale

Unusual $32m Jurassic-era offering stole the high-tech livestreamed show in New York, but buyers kept bids cautious elsewhere

Analysis
Art market

Livestreamed auctions make gameshows of art, but where is the glamour?

Christie's and Sotheby's have rapidly adapted to 'bricks and clicks' sales, but they will need to do more to attract top-notch consignments and the experience-hungry generation

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

News
Art market

A new online auction house wants to reduce speculation on emerging artists' markets

Founded by former Christie's vice president Shlomi Rabi, Greenhouse will also donate 5% from every sale to a scholarship fund for Black students studying art history

Comment
Art market

Bubbles, sheikhs and the freeport frenzy: Georgina Adam reflects on 30 years of art market reporting

Our art market editor-at-large looks back on three decades of booming sales and soaring prices, from Middle Eastern emergence to the evolution of auction houses

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