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The Top Ten Most Expensive Paintings Sold At Auction In 2023

The Top Ten Most Expensive Paintings Sold At Auction In 2023

by News Desk | Jan 4, 2024 | Art market news

In a display of artistic and financial might, 2023 proved a landmark year for the art market as masterpieces fetched astronomical prices on the auction block. From the blue-chip Monet to the visionary style of Jean-Michel Basquiat, the top ten most expensive works...
Christie’s And Sotheby’s Release 2023 Sales Reports

Christie’s And Sotheby’s Release 2023 Sales Reports

by News Desk | Jan 4, 2024 | Art market news

Global auction giants Christie’s and Sotheby’s reported a combined decrease of over 13%, with total sales reaching $14.2 billion in 2023 compared to $16.4 billion in the previous year. Christie’s experienced a notable 20% decline, seeing its total...
Christie’s Downturn: Auction House Bites The Bullet With £2.2b Sales Drop

Christie’s Downturn: Auction House Bites The Bullet With £2.2b Sales Drop

by News Desk | Dec 19, 2023 | Art market news

In Christie’s year-end review, CEO Guillaume Cerutti characterised 2023 as a “paradoxical year,” acknowledging challenges like the art market contraction. Lower auction sales, attributed partly to the unmatched success of 2022’s Paul Allen...
Rediscovered Rembrandt Fetches Nearly $14 Million at Sotheby’s Auction

Rediscovered Rembrandt Fetches Nearly $14 Million at Sotheby’s Auction

by News Desk | Dec 13, 2023 | Art market news

In a dramatic turn of events, a Rembrandt painting titled “The Adoration of The Kings” (ca. 1628), once thought lost, resurfaced at a Christie’s sale in Amsterdam in 2021, only to be sold at Sotheby’s auction this month for nearly $14 million....
Art Basel Miami Beach 2023 Final Report – What The Dealers Said

Art Basel Miami Beach 2023 Final Report – What The Dealers Said

by News Desk | Dec 11, 2023 | Art market news

Art Basel once again has departed the auditorium and the shores of Miami Beach, culminating in an exulting 2023 edition that solidified its status as a pivotal moment in the global art calendar—the year concluded with an immersive showcase featuring a fusion of...
Arts In the UK Generate £140 billion In Revenue Reveals DCMS

Arts In the UK Generate £140 billion In Revenue Reveals DCMS

by News Desk | Dec 6, 2023 | Art market news

People across the United Kingdom are deeply connected to the arts, as evidenced by the findings of a 2023 survey conducted by DCMS. An impressive 91 percent of UK adults engaged with the arts at least once in the previous year, with 74 percent attending events such as...
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