Market & Auctions

Market trends, sales, auction results, major lots, records, and analysis from Christie's, Sotheby's, Phillips and others.

Most recent stories

David Gilmour's Guitar Sells for Record $14.5 Million at Christie's Auction market-auction
A guitar owned by musician David Gilmour was sold for $14.5 million at a Christie's auction on March 12, 2026, setting a new record price for a musical instrument. The sale…
Alcalá Subastas Launches 2026 Auction Season with Diverse Artworks market-auction
Alcalá Subastas will hold its first auction of 2026 on March 18-19 at 5:30 PM at its Madrid location on Calle Núñez de Balboa 9. The event will feature items across multiple…
Global Art Market Shows 4% Growth in 2025 with France and US Leading Expansion market-auction
The international art market experienced a 4% increase in value during 2025, according to recent market analysis. France demonstrated particularly strong performance with 9%…
Global Art Market Rebounds in 2025 with Record Sales and Notable Auction Highlights market-auction
The international art market demonstrated resilience in 2025, achieving growth despite economic and geopolitical challenges. According to the Art Basel and UBS Global Art Market…
M&S launches new advertising campaign featuring Gillian Anderson market-auction
M&S has introduced a new advertising campaign starring actress Gillian Anderson. The campaign reflects the brand's recent transformation and improved product offerings, which have…
UK Insurance Firm Penalized £10.6 Million for Regulatory Breach market-auction
The Prudential Regulation Authority has levied a substantial financial penalty against U K Insurance Limited. The fine, amounting to £10,625,000, stems from inaccuracies in the…
Insider Perspectives on Art Market Discount Negotiation Practices market-auction
Industry professionals discuss the nuanced practice of requesting price reductions when purchasing artwork. According to an art advisor, gallerist, and experienced collector,…
Basquiat's 'Museum Security' Painting to Auction at Sotheby's with $45 Million Estimate market-auction
A significant 1983 painting by Jean-Michel Basquiat titled 'Museum Security (Broadway Meltdown)' will be offered at Sotheby's contemporary evening auction in New York this May,…
UK Creative Professionals Consider International Relocation Amid Economic and Lifestyle Factors market-auction
A survey of UK-based creative professionals reveals a trend of considering or undertaking international relocation, driven by economic pressures, lifestyle alignment, and remote…
Cadbury's 'Made to Share' Marketing Campaign Continues with New Creative Execution market-auction
Cadbury has extended its 'Made to Share' marketing initiative, which originally debuted last year with limited-edition chocolate bar packaging designed to encourage sharing. The…
Historic 1896 Olympic Silver Medal Achieves Auction Sale market-auction
A silver medal awarded at the inaugural modern Olympic Games in 1896 has been sold at auction. During those early Games, victors received silver medals rather than gold, which…
RJ Living Launches New Roam Collection Blending Comfort and Design market-auction
RJ Living has introduced a new collection called Roam, which combines timeless design elements with modern comfort. The collection draws inspiration from nostalgic textures while…
Financial Challenges in UK Art Market Revealed Through Gallery and Auction House Accounts market-auction
Recent financial disclosures from major UK art market entities indicate declining profitability, with the closure of the Stephen Friedman gallery last month highlighting broader…
Yorkshire Tea Launches New Advertising Campaign Featuring Two Television Spots market-auction
Lucky Generals has created a new advertising campaign for Yorkshire Tea, featuring two television commercials directed by Andrew Gaynord at MindsEye. The campaign promotes…
Italian Galleries Report Solid Sales at ARCOmadrid 2026 Despite Geopolitical Tensions market-auction
The 45th edition of ARCOmadrid closed on March 8, 2026, at IFEMA in Madrid, showing resilience despite geopolitical tensions and high VAT rates for Spanish galleries. Italian…
Princess Highway Offers $200 Vouchers to Frankie Magazine Subscribers market-auction
Princess Highway, a vintage-inspired clothing brand, is running a competition offering ten $200 vouchers to subscribers of Frankie magazine. To enter, individuals must subscribe…
Sotheby's and Phillips London Sales: Bacon Leads, Hammershøi Disappoints market-auction
On March 4, 2026, Sotheby's Modern & Contemporary Evening Auction realized £131 million, marking a remarkable 110% rise from £62 million in 2025, achieving a complete sell-through…
Henry Moore sculpture sets auction record at London March 2026 sales market-auction
A bronze sculpture by Henry Moore titled King and Queen (1952–53) achieved £26.3 million ($35.2 million) at Christie's 20/21 evening sale in London during March 2026. This result…
Professionals Transitioning from Art Careers to New Industries market-auction
An article explores why individuals working in the art sector consider leaving their careers, citing burnout, low pay, and toxic environments as common reasons. It describes how…
Christie's Auction Bridges Japanese Traditional Art and Contemporary Pop Culture market-auction
Christie's is organizing an auction that juxtaposes modern Japanese pop culture items with historical artworks. The event features pieces ranging from Katsushika Hokusai's iconic…
Christie's Launches First Anime and Manga Art Auction in New York market-auction
Christie's has introduced an auction dedicated to Japanese anime and manga art in New York, coinciding with rising global interest and investment in this market. The event marks…
Analysis of Business Challenges for Artists Expanding Beyond Local Markets market-auction
An article discusses common financial obstacles artists face when attempting to expand their market reach beyond local galleries. It examines practical considerations such as…
Sotheby's Adjusts Buyer Commission Structure for High-Value Auction Lots market-auction
Sotheby's has implemented changes to its buyer commission fee schedule, specifically increasing rates for items priced between $2 million and $8 million. This adjustment targets a…
Salvador Dalí's Largest Painting to be Auctioned in Paris Surrealism Sale market-auction
A monumental stage set painting by Salvador Dalí, measuring 65 by 98 feet, will be offered at auction in Paris. The work, titled Bacchanale and created in 1939 for a ballet…
Kenny Schachter Analyzes Basquiat Market Disparity and AI Impact on Artists market-auction
Art critic Kenny Schachter reported on the sale of a Jean-Michel Basquiat artwork for a substantial sum, highlighting the contrast with many contemporary artists facing financial…
Commissioned Art Enhances Corporate Environments Through Custom Integration market-auction
A service provider advocates for custom art commissions in office settings to strengthen brand identity and workplace culture. The approach involves integrating artworks early in…
Art Market Pricing Consistency Discussed in Gallery Management Context market-auction
A blog post addresses the importance of maintaining consistent pricing strategies across galleries for commercial success in the art market. The content, published on RedDotBlog,…
Phillips London March 2026 Auctions: Hammershøi, Warhol, and Minimalist Masterworks market-auction
On March 5, 2026, Phillips will host its Modern & Contemporary Art Evening Sale, followed by a Day Sale on March 7 at its London location on Berkeley Square, aligning with…
Blog Post Discusses Strategies for Artists to Facilitate Art Sales Effectively market-auction
A blog post from RedDotBlog addresses common challenges artists face in finalizing sales after positive interactions with potential buyers. The article outlines approaches for…
19th Century Italian Watercolor Portraits by Ernesto Levorati Surface from Auction market-auction
Two watercolor portraits by 19th century Italian artist Ernesto Levorati have been documented following their appearance at auction. The works, titled 'Two Framed Watercolor…
Sotheby's Hosts Auction for Royal Academy of Arts to Address Funding Needs market-auction
Sotheby's is organizing an auction to support the Royal Academy of Arts, featuring prominent works by artists El Anatsui and Sean Scully. The event aims to provide essential…
EU Cultural Goods Import Rules Spark Market Exodus, Dealer Warns market-auction
Christian Deydier, a French art dealer, has expressed his apprehensions regarding the EU's Regulation (EU) 2019/880 concerning cultural goods, which will take effect on June 28,…
Château Shatto Gallery Adjusts Strategy with Historical Focus and Reduced Fair Participation market-auction
Château Shatto, a gallery located in Melrose Hill, Los Angeles, has modified its exhibition approach under the direction of Olivia Barrett. The gallery has broadened its offerings…
David Hockney's Early English Landscape Painting to be Auctioned at Sotheby's market-auction
A significant early work by David Hockney, English Garden (1965), will be offered at Sotheby's modern and contemporary evening auction in London on March 4th. This painting…
Arcadia auction house enters mature phase with quality-focused strategy market-auction
Founded in 2015 by Massimo Tagliatesta, Arcadia, the Roman auction house, is now transitioning into a "mature phase" with fresh leadership emphasizing quality over quantity. Maria…
Art Business Podcast Episode Focuses on Strategies for Selling Original Artworks market-auction
A recent episode of The Art Biz podcast addresses challenges artists face in selling original artworks versus reproductions. The episode, hosted by Alyson Stanfield, discusses how…
Analysis of Event Programming's Role for Emerging Artists in Contemporary Art Market market-auction
The article examines whether event programming holds greater significance for emerging participants in the art industry beyond social gatherings. It contrasts current approaches…
Finarte auction to save WOW Spazio Fumetto museum in Milan market-auction
On February 27, 2026, Finarte, in collaboration with Urania Casa d'Aste, will hold a charity auction to raise funds for WOW Spazio Fumetto, the Milanese museum dedicated to comics…
Christie's London March 2026 Sales: Moore, Kandinsky, Magritte Lead market-auction
Christie's London will hold a series of modern and contemporary art auctions starting March 5, 2026, featuring over 800 lots. The 20th/21st Century: London Evening Sale is led by…
Original Watercolor Artworks from Kipling's 'The Jungle Book' Head to Auction market-auction
Two original watercolor paintings created for Rudyard Kipling's 'The Jungle Book' are being offered at auction. The artworks were produced as illustrations for a limited-edition…

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