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 economic...
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 sales plummet from...
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 collection sale, marked a...
Sotheby's New York witnessed a commendable result at their 'Now' sale on November 15. The lots amassed a substantial and healthy $305.7 million through a three-hour sale. The event comprised two auctions, one spotlighting emerging art and the other featuring blue-chip...
Frieze Week Auctions: In a testament to resilience amidst market uncertainties, Christie's 20th/21st Century Evening Sale in London held its ground, echoing last year's performance. Christie's London achieved a total of £78.7 million (£96.5 million with fees) across...
This autumn, Christie's will present the art collection of actor, director and film producer Ivan Reitman & his wife, Genevieve Reitman. This vibrant collection will be showcased during the Marquee Week of Sales in November. It is a testament to the visionary...
David Hockney, the renowned British artist, has created a number of artworks depicting cats over his long career. Known for his vibrant use of colour and his distinctive style, Hockney captures the feline form with allure and personality. Now Christie's Auctioneers in...
US authorities in New York have issued subpoenas to the three leading auction houses, Christie's, Sotheby's and the Russian-owned Phillips Auctioneers. They hope to gain possession of records linked to sanctioned Russian Oligarchs. In addition, the Auction houses will...
It is rare for a major painting by Antoine Watteau (1684 – 1721) to surface on the open market. Most are held in leading museums and public collections around the world. The announcement of the rediscovery of 'Le Pèlerinage, a l'Ile de Cythère', has created quite a...