Market & Auctions
Market & Auctions
Market trends, sales, auction results, major lots, records, and analysis from Christie's, Sotheby's, Phillips and others.
Most recent stories
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Wannenes brings Fontana, Mitoraj, Dadamaino, Schifano and Nitsch to auction in Milan on July 2, 2026
market-auction
Wannenes will hold a Modern and Contemporary Art auction on July 2, 2026 in Milan, featuring 158 lots. Highlights include a Lucio Fontana terracotta relief from 1958…
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Rare Life-Size Laocoön Bronze Heads to Sotheby's with $4M Estimate
market-auction
On July 1, Sotheby's London will host an auction for one of just four life-size bronze replicas of the classical artwork Laocoön and his Sons, with a projected price of £2–3…
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Basel Exclusive drives sales for blue-chip works
market-auction
Over 200 Art Basel exhibitors participated in Basel Exclusive, a new initiative withholding key works from pre-fair PDFs to boost in-person visits. While attendees appreciated the…
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CME Group Sues CFTC Over Approval of Perpetual Futures
market-auction
CME Group, the world's largest futures exchange operator, plans to sue the Commodity Futures Trading Commission over its approval of perpetual futures contracts. CME CEO Terrence…
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Alcalá Subastas presenta su subasta de verano con grandes maestros españoles
market-auction
Alcalá Subastas está organizando una subasta que se podrá seguir tanto en persona como por streaming, donde se ofrecerán joyas, artes decorativas, pintura antigua, arte del cambio…
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Louvre director warns museum is at breaking point
market-auction
Christophe Leribault, appointed Louvre director in February 2026, told a French Senate committee that the museum is 'at the end of its strength' and faces a massive investment…
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Art Basel 2026: $35M Picasso Leads High-Stakes Sales
market-auction
At Art Basel 2026 in Basel, Switzerland, Hauser & Wirth sold a large Picasso for $35 million during Tuesday's preview. Gagosian is offering Henry Moore's Large Four Piece…
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Art Basel 2026: Hockney Works Draw Mourning Collectors
market-auction
David Hockney's death on 11 June has cast a poignant shadow over Art Basel 2026, where his works are prominently displayed. Annely Juda gallery offers Delphiniums on My Garden…
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Phillips Hires Christie’s Veteran Annie Wallington as Head of Modern Art in London
market-auction
Effective July 2026, Phillips has announced Annie Wallington as the Senior Specialist and Head of Modern Art for its London operations. Wallington brings nearly 20 years of…
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Il Ponte Casa d’Aste Announces June-July Auctions: Old Masters, Design, Oriental Art
market-auction
From June 24 to July 3, 2025, Il Ponte Casa d’Aste will conduct a series of auctions showcasing art from the 19th and 20th centuries, including paintings, sculptures, decorative…
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Phillips London Modern & Contemporary Art Sale: Hockney, Riley, Kusama Lead June 26 Auction
market-auction
Phillips will hold its Modern & Contemporary Art Evening & Afternoon Sale on June 26, 2026, at 30 Berkeley Square, London, with public previews from June 19. The sale follows a…
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Pump.fun Token Graduation Rate Plunges 80%, Solana Fees Drop 84% as Capital Rotates to Hyperliquid Perps
market-auction
Pump.fun's seven-day average token graduation rate has fallen to 0.26%, an 80% decline over three months. Daily revenue collapsed from $4.8 million to ~$800,000, with a 25%…
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Banksy's NOLA Umbrella Girl: Meaning, Editions, and Market Context
market-auction
Banksy's 2008 street work 'NOLA' (also known as 'Umbrella Girl' or 'Rain Girl') in New Orleans depicts a child whose umbrella rains from within, symbolizing failed protection…
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Leica MP Black Paint No. MP-33 Fetches Nearly $700,000 at Leitz Auction
market-auction
At the 48th Leitz Photographica Auction, a Leica MP black paint no. MP-33 sold for €600,000 (approximately $695,000). Launched at Photokina in 1956, only 402 MP units were made,…
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LITO and Sotheby's Launch Exclusive Editions with Kehinde Wiley
market-auction
LITO and Sotheby's have launched a long-term Exclusive Editions program, debuting with six new works by Kehinde Wiley. The partnership aims to redefine the art edition as an…
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Fujifilm X100VI Returns to Top of Map Camera Sales Chart After Sony a7 V's Five-Month Reign
market-auction
In May 2026, sales data from Map Camera indicated that the Fujifilm X100VI has regained the top sales position, overtaking the Sony a7 V, which had dominated since its release in…
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Christie’s to Open Wine Shop at Rockefeller Center
market-auction
Christie’s will open a wine shop at its Rockefeller Center headquarters, enabled by a new New York State law passed last month that allows the auction house to bypass a…
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Klimt Portrait Lawsuit Filed in New York Over Nazi Loot Claim
market-auction
A lawsuit has been filed in the New York State Supreme Court contesting the sale of Gustav Klimt's "Portrait of Fräulein Lieser," which sold for €30 million at auction in Vienna…
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Gallery Closures Surge as Art Fairs Expand: An Analysis of the Art Market Crisis
market-auction
From 2025 to mid-2026, the art sector experienced a significant number of gallery closures attributed to escalating expenses, a dwindling number of collectors, and the increasing…
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Win a Warhol for $12: Dollar Bill Raffle at Basel Social Club
market-auction
At the fifth edition of Basel Social Club (BSC), an alternative art event running until June 20 in an empty office building, Zurich gallery suns.works is raffling an Andy Warhol…
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Art Basel opens with $35m Picasso and strong blue-chip sales
market-auction
On June 17, 2026, Art Basel's VIP preview showcased robust seven-figure transactions, indicating a solid confidence in the art market. Director Vincenzo de Bellis highlighted a…
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SpaceX valuation briefly hits $2.9T, passes Amazon
market-auction
On Tuesday, SpaceX's valuation soared to $2.9 trillion, momentarily making it the fifth-most valuable company in the world, before it stabilized. This surge followed the…
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Martin Margiela's Personal Archive to Be Auctioned in Paris
market-auction
So, on July 9, during Paris couture week, Martin Margiela’s personal collection will be up for auction at Maurice Auction, in collaboration with Kerry Taylor Auctions. This event,…
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Spacex Ipo: Largest In History, Musk Becomes Trillionaire
market-auction
SpaceX went public on June 12, 2026, pricing 555.6 million shares at $135 each, raising $75 billion in the largest IPO ever, later growing to $85.7 billion. Shares opened at $150…
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Schiele's Danaë Returns to Auction at Sotheby's London
market-auction
Egon Schiele's 1909 painting Danaë, withdrawn from a Sotheby's New York sale in 2017, will be auctioned at Sotheby's London on June 24 with a reduced estimate of £12 million–£18…
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Marlene Dumas's Miss January Sells for Record $13.6M at Christie's
market-auction
On May 14, 2025, Christie's New York auctioned Marlene Dumas's oil on canvas titled Miss January for $13.6 million, establishing a new record for a living female artist. The piece…
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Kunstmarkt erholt sich, Anti-KI-Ästhetik und Konrad Fischers Erbe
market-auction
Nach drei Jahren der Krisen zeigt der globale Kunstmarkt Anzeichen einer Erholung mit Auktionsverkäufen von etwa 9,3 Milliarden Dollar, insbesondere im High-End-Bereich. Roman…
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Young collectors drive 32.4% surge in Asian antiquities sales
market-auction
Traditional Asian works of art saw a 32.4% year-on-year increase to $515m in Hong Kong auction sales in 2025, according to ArtTactic's China Art Market Report, while fine art…
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BlackRock Launches BITA, First Bitcoin Income ETF, on Nasdaq
market-auction
BlackRock's iShares Bitcoin Premium Income ETF (BITA) began trading on Nasdaq on June 16, 2026, under the ticker BITA. The fund uses a covered-call strategy, selling call options…
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Kraken Launches CFTC-Regulated Perpetual Futures for US Customers
market-auction
Kraken has rolled out perpetual futures trading for eligible clients in the U.S. on a platform regulated by the CFTC, marking a significant shift in the crypto derivatives scene.…
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Goodricke Group's South Asian art collection fetches £18.9m at Christie's London
market-auction
Christie's London held its first South Asian art auction since 2019 on 11 June, achieving £18.9m with fees from a 93-lot single-owner sale. The consignor was identified as the…
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Cambi Casa d’Aste Announces Fashion Vintage and Photography Auctions in Milan
market-auction
Cambi Casa d’Aste will hold two auctions in Milan on June 16: Fashion Vintage at 10 AM and Fotografia at 2 PM. The Fashion Vintage sale features luxury handbags from Hermès,…
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Berlin's Auktionshaus am Grunewald targets young collectors with art from €100
market-auction
Auktionshaus am Grunewald, founded in 2023 by Lena Winter and Sebastian Greber in Berlin, has carved a niche by offering artworks from €100, attracting first-time buyers. The…
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1849 Victor Hugo letter and Mauritius stamp lead Behr auction at €300,000
market-auction
A letter addressed in 1849 to deputy Victor Hugo, estimated at €150,000, and a rare Mauritius stamp valued at €300,000 are among the top lots in Behr's offer sale closing June 18.…
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GIA acquires stake in De Beers' blockchain platform Tracr for diamond traceability
market-auction
The Gemological Institute of America (GIA) will acquire a 30% stake in Tracr, a De Beers-backed blockchain platform for tracing natural diamond origins. The move aims to boost…
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Binance, Bybit, Bitget Cancel SpaceX Tokenized IPO Campaigns After Allocation Shortfall
market-auction
Three major cryptocurrency exchanges—Binance, Bybit, and Bitget—canceled their tokenized SpaceX IPO campaigns on Friday after failing to receive share allocations from xStocks,…
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Banksy's Love Is In The Air (Life Size) to Auction at Sotheby's London
market-auction
Sotheby's Modern & Contemporary Evening Auction in London will feature Banksy's renowned 2011 life-size canvas, Love Is In The Air (Life Size), as Lot 137 on 24 June 2026. This…
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Studio d'Arte Martini Asta 66 totals over €2.6 million with 87% sell-through rate
market-auction
Studio d'Arte Martini's Asta 66, held on June 10-11, achieved over €2.6 million (including fees) with an 87% sell-through rate across 313 lots. International bidders made up 38%…
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Monet's 1907 Nymphéas Heads to Auction with $40M+ Estimate
market-auction
On June 24, Sotheby's in London will auction off Claude Monet's 1907 painting Nymphéas, which is estimated to sell for over $40 million. This estimate is the highest ever for a…
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Goodman Gallery pivots to digital platform and advisory amid art market downturn
market-auction
Goodman Gallery, founded in 1966 in Johannesburg by Linda Givon and now owned by Liza Essers, is restructuring to survive a prolonged art market downturn. With spaces in Cape…
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