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Frieze LA 2024: What Sold And What The Dealers Had To Say

Frieze LA 2024: What Sold And What The Dealers Had To Say

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

Frieze Los Angeles 2024 concluded its fifth edition Sunday evening with resonant success, as galleries reported robust sales and accolades poured in from both domestic and international attendees. The event drew in 32,000 visitors from 48 countries over its four-day...
Elton John’s Kitchen Sink Auction Sees Banksy Sell For $1.9m

Elton John’s Kitchen Sink Auction Sees Banksy Sell For $1.9m

by News Desk | Feb 26, 2024 | Art market news

Elton John’s “Goodbye Peachtree Road” auction at Christie’s NY witnessed an unprecedented surge in interest as more than 3,500 bidders from 34 countries clamoured for his cherished possessions. This is the third time Elton has publicly sold off...
Looted Ukrainian Painting Sells for $1 Million At Russian Auction House

Looted Ukrainian Painting Sells for $1 Million At Russian Auction House

by News Desk | Feb 22, 2024 | Art market news

A painting titled “Moonlit Night” by Ivan Aivazovsky fetched approximately $1 million at Russia’s Moscow Auction House on February 18. However, the sale has sparked controversy, with allegations emerging that the canvas was stolen from the Mariupol...
Corporate Consolidation Threatens Independent Art Fairs’ Cool Factor

Corporate Consolidation Threatens Independent Art Fairs’ Cool Factor

by News Desk | Feb 17, 2024 | Art market news

Untitled Art, the latest independent art fair to succumb to corporate acquisition, follows a trend of industry consolidation. Recently, notable fairs such as The Armory Show in New York and Expo Chicago fell under the ownership of London-based Frieze, who divested a...
Simon Lee Gallery: Financial Woes Revealed In Insolvency Proceedings

Simon Lee Gallery: Financial Woes Revealed In Insolvency Proceedings

by News Desk | Feb 14, 2024 | Art market news

The insolvency report of Simon Lee Gallery (SLG) exposes a labyrinth of debt and contentious dealings, raising significant concerns about the gallery’s financial management. Prepared by BDO LLP, the 44-page report offers a comprehensive overview of SLG’s...
Sotheby’s Out Sells Christie’s Recording A Bumper £7.9B 2023

Sotheby’s Out Sells Christie’s Recording A Bumper £7.9B 2023

by News Desk | Jan 29, 2024 | Art market news

Sotheby’s auction house revealed its 2023 sales figures today, nearly matching its record-breaking $8 billion reported in 2022. Despite facing market challenges, Sotheby’s consolidated sales totalled $7.9 billion for the year, showcasing resilience amidst...
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