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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LVMH Sells Marc Jacobs to WHP Global in $1B Deal
market-auction
On Thursday, it was announced that WHP Global has purchased the Marc Jacobs brand from LVMH for approximately $1 billion. As part of this arrangement, G-III Apparel Group will…
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Christie's Enlists Nicole Kidman to Sell S.I. Newhouse's $100 Million Brancusi
market-auction
Christie's has released a promotional film featuring actress Nicole Kidman to promote the auction of Constantin Brancusi's bronze sculpture Danaïde (1913) from the collection of…
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Frieze New York Opens with Strong Sales, Hirshhorn Adds 312 Works, Getty Boosts Black Visual Arts Archive
market-auction
The 15th edition of Frieze New York at The Shed commenced with impressive sales, featuring several transactions exceeding seven figures. White Cube successfully sold two…
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Marian Goodman and Robert Mnuchin Collections Head to Auction
market-auction
This May, Sotheby's and Christie's will auction the private collections of legendary dealers Marian Goodman and Robert Mnuchin, who both died recently. Mnuchin's collection at…
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Cambi Casa d’Aste’s Fine Art Selection Returns with 130 Lots of Old Masters
market-auction
On May 20 in Milan, Cambi Casa d’Aste will hold the second edition of Fine Art Selection, an auction dedicated to Old Master works spanning the Middle Ages to Neoclassicism. The…
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Auction Market Shows Mixed Signals in 2025
market-auction
The auction market is showing signs of recovery in 2025, but fragility remains. London auctions in March saw mid-double-digit percentage growth for Christie’s, Sotheby’s, and…
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Wannenes Milan Auction Features Rare Sèvres Porcelain Fireplace Garniture
market-auction
Wannenes will hold an auction titled 'Maioliche e Porcellane europee' on May 20 in Milan, with lot viewing from May 17 to 19. The highlight is a rare Sèvres polychrome porcelain…
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Sherman Family Foundation Fund Fuels Museum Acquisitions at Frieze New York
market-auction
During the Frieze New York art fair, the Sherman Family Foundation launched a new fund aimed at benefiting emerging artists and galleries. This initiative, backed by Baltimore…
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Michael Kors Lists Fire Island Beach House for $6.3 Million
market-auction
Michael Kors, the renowned fashion designer, has put his oceanfront estate on Fire Island's Water Island enclave up for sale at $6.3 million. He and his husband, Lance Le Pere,…
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Rago/Wright Spring Sales Feature Sam Gilliam, Amoako Boafo, and Modern Masters
market-auction
Rago/Wright has two major spring auctions set for May 14, 2026. The first event is called 'Pure Edge: American Geometric Abstraction,' featuring 19 artworks from the Museo de Arte…
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Tefaf New York 2026: Tiffany window, Egyptian goddess bust, Cecily Brown, and John Kacere on offer
market-auction
The 2026 Tefaf New York will showcase a Tiffany Studios leaded window valued at $1.25 million, created around 1915 by Agnes Northrop, the sole independent female designer at…
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First Hyperliquid ETF THYP Debuts on Nasdaq with $1.8M Day One Volume
market-auction
On May 12, the first-ever Hyperliquid ETF, named the 21Shares Hyperliquid ETF (Nasdaq: THYP), began trading, allowing U.S. investors to access HYPE directly along with staking…
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Gibert aims to double second-hand book sales by 2029
market-auction
French bookstore chain Gibert plans to double its second-hand book sales by 2029, betting on a market that outperforms new book sales. The used book market is highly competitive…
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Three Auction Houses Aim for $2.6 Billion in Spring Sales
market-auction
Christie’s, Sotheby’s and Phillips are targeting over $2.6 billion in art sales during a two-week spring auction season starting May 13, 2026. This figure is well below the $3.2…
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Online art auctions adopt gaming mechanics and secret bidding formats
market-auction
Digital infrastructure has transformed art auctions into real-time competitive interfaces, with instant bids, countdowns, and global streaming. In 2025, online sales accounted for…
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Mnuchin Collection sale at Sotheby's expected to fetch €110 million
market-auction
On May 14, Sotheby's will auction 11 works from the Mnuchin Collection, valued at €110 million. The collection was assembled by Robert Mnuchin (1933-2025), a former Goldman Sachs…
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AI-powered biotech METiS TechBio debuts on Hong Kong stock exchange
market-auction
METiS TechBio, a Hong Kong-listed biotech firm using AI to produce nano-rockets for drug delivery, made its stock market debut. The drug design start-up's CEO compared the company…
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New York art fairs proceed despite Iran war logistics strain
market-auction
New York's spring art fairs, including Frieze, Tefaf, Independent, and Nada, are proceeding largely on schedule despite global logistics disruptions caused by the war in Iran.…
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Impressionist and Modern Art Overtakes Postwar as Top Market Segment in 2025
market-auction
In 2025, the Impressionist and Modern segment emerged as the top-performing area of the art market, achieving $4.7 billion in sales—a 29.5 percent rise compared to 2024—driven by…
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Marilyn Monroe's 100th Birthday: Auctions and Exhibitions Reveal the Star's Inner Life
market-auction
June 1, 2026 marks the 100th birthday of Marilyn Monroe, with multiple events including exhibitions, film screenings, and an official centenary book. Heritage Auctions' "Marilyn…
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Jennifer Gilbert sells collection to fund Detroit arts space Lumana
market-auction
Detroit-based designer and collector Jennifer Gilbert is auctioning works from her contemporary art and design collections at Sotheby's New York to fund the opening of Lumana, a…
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Audemars Piguet and Swatch Launch Royal Pop Pocket Watches
market-auction
Audemars Piguet and Swatch have introduced their joint project, the Royal Pop pocket watches, ahead of an anticipated in-store release on May 16. These vibrant bioceramic watches…
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Stolen Keats Love Letters to Fanny Brawne to Fetch Up to $2.5M at Sotheby's
market-auction
In June, Sotheby’s New York will auction eight love letters penned by Romantic poet John Keats to his fiancée, Fanny Brawne, with an estimated value between $1.5 and $2.5 million.…
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GoPro Explores Sale or Merger Amid Financial Struggles
market-auction
GoPro announced a formal strategic review that may lead to a sale or merger, marking a pivotal moment for the action camera pioneer. The California-based company has faced…
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Hermitage Fine Art Hosts Jewellery Expert Day in Monte Carlo Ahead of July Auction
market-auction
On May 15, Hermitage Fine Art will hold a Jewellery Expert Day at its Avenue de la Costa location in Monte Carlo, offering free and confidential valuations for signed jewelry,…
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Pandolfini Milan Auction: Modern Masters and Jago's Market Debut
market-auction
On May 13, Pandolfini will hold a modern and contemporary art auction at its Via Manzoni headquarters in Milan. The sale features works from private collections spanning…
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New York Spring Auctions Target Records with Richter, Rothko, and Brâncuși
market-auction
Major auction houses in New York are gearing up for their spring sales, reflecting a cautiously optimistic outlook in the art market. Sotheby's will hold its auctions from May 13…
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May auctions highlight Mitchell diptych, rare Judd stack, Basquiat, and Rothko
market-auction
The May 2026 auctions in New York feature major works from Joan Mitchell, Donald Judd, Jean-Michel Basquiat, and Mark Rothko. Mitchell's diptych "Plain" (1989) is estimated at…
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Sotheby's Milano to Auction Postwar Italian Masters in May 2026
market-auction
Sotheby's will hold a live auction of Modern and Contemporary Art at Palazzo Serbelloni in Milan on May 27, 2026. The sale highlights Italian postwar masters including Lucio…
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Rare Cicero Manuscript by Sanvito to Auction at Pandolfini
market-auction
Pandolfini Casa d’Aste will auction a rare illuminated manuscript of Cicero's De Oratore, created by Renaissance scribe Bartolomeo Sanvito, on May 14 in Milan. Estimated at…
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Stellar XLM Stuck Below $0.20 Despite Network Growth and CME Futures
market-auction
Stellar (XLM) has traded below $0.20 for most of 2026, fluctuating within a $0.15–$0.18 range despite expanding network activity. As of mid-May 2026, XLM is around $0.16–$0.17…
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Sony a7 V Tops Map Camera Sales for Fifth Consecutive Month
market-auction
The Sony a7 V has led Map Camera's new digital camera sales chart for five straight months since its December debut, with a 'significant' gap over the second-place Fujifilm X100VI…
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Benefit auction for Casa das Artes at São Paulo Waldorf school
market-auction
A benefit auction organized by Escola Livre Areté, a nonprofit Waldorf school in São Paulo, will fund the construction of Casa das Artes, a new building for artistic and cultural…
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New York's May Sales: $1.8 Billion in Art at Auction Amid Frieze Fair
market-auction
On Wednesday, Frieze New York will kick off for VIPs at the Shed, featuring 68 galleries, with 34 of them hailing from New York. Simultaneously, major auction houses will offer…
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Sony acquires Blackstone's music rights portfolio for nearly $4bn
market-auction
Sony has agreed to acquire a portfolio of music rights from Blackstone for approximately $4 billion. The deal includes rights to songs by artists such as Bob Dylan, Bruce…
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New York art auctions favor established names over emerging artists
market-auction
New York's spring art auctions, opening Monday, May 11, are expected to continue the trend seen in November 2025: younger artists are losing appeal. The market is shifting toward…
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£5.5m Mamluk glass goblet sets record at London Islamic art sales
market-auction
London's spring Islamic and Indian art auctions at Sotheby's and Christie's totalled £32.4m, defying geopolitical tensions. A rare 14th-century Mamluk gilded and enamelled glass…
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Record mondiale per un dipinto di Nicolaj Diulgheroff da Capitolium Art
market-auction
Un’opera di Nicolaj Diulgheroff, intitolata 'Realtà trascendentale' e risalente al 1930, è stata venduta per 75.600 euro da Capitolium Art Casa d’aste, stabilendo un nuovo record…
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New York May auctions could total up to $2.6bn across four houses
market-auction
The auctions scheduled for May 2026 in New York are projected to bring in between $1.8 billion and $2.6 billion at Christie's, Sotheby's, Phillips, and Bonhams, signaling a…
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Dorotheum Contemporary Week: Vienna Auction Features Schnabel, Ofili, and Italian Masters
market-auction
Dorotheum's Contemporary Week in Vienna culminates on May 20, 2026, with its 'Arte Contemporanea – Part One' auction. The sale highlights a mix of American, European, and Italian…
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