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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Pascal's Pascaline, the first calculator, to auction at Christie's Paris
market-auction
A Pascaline, one of only nine known surviving examples of the first mechanical calculator invented by Blaise Pascal in 1642, will be auctioned at Christie's Paris on November 19.…
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Mark Rothko's former Manhattan studio listed for $9.5 million
market-auction
A historic Manhattan building at 155 East 69th Street, once home to Mark Rothko's studio and a recording space for Elvis Presley, is on the market for $9.5 million. The red-brick…
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Christie's Fall 2025 Auctions: Karpidas, Lauder, Abadie, Fusillo, Faarup, Weis, Wynn Collections
market-auction
Christie's has revealed its auction schedule for fall 2025, showcasing significant collections in Paris, London, and New York. The Daniel Abadie collection, featuring 81 lots,…
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Sotheby's to Sell $400M Lauder Collection Including Klimt Masterpiece
market-auction
Sotheby's has won the competition to auction the collection of Leonard A. Lauder, the Estée Lauder heir and philanthropist who died in June 2025 at age 92. The evening sale on…
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MPS and Mediobanca Merger: Art Collections and Cultural Heritage at Stake
market-auction
Monte dei Paschi di Siena (MPS) has finalized its public exchange and purchase offer, successfully obtaining 62.29% of Mediobanca's shares, thereby achieving an absolute majority.…
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Pauline Karpidas Surrealist Collection to Auction at Sotheby's London
market-auction
Sotheby's London will auction the Pauline Karpidas collection, the most significant Surrealist collection to appear on the market in decades, with over 250 lots estimated at over…
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Italian auction houses report resilient first half of 2025
market-auction
Italian auction houses posted solid results in the first half of 2025 despite global market uncertainty. Cambi closed with stable revenues of €21.025 million (vs €21.2 million in…
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Clearing Gallery Closes New York and Los Angeles Locations
market-auction
Clearing gallery, founded by Olivier Babin in 2011, is closing its New York and Los Angeles spaces after 14 years. The decision follows financial difficulties and the resignation…
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Meyer Riegger and Jocelyn Wolff Open Joint Gallery in Seoul
market-auction
German gallery Meyer Riegger and French gallery Jocelyn Wolff are joining forces to open a permanent space in Seoul's Hannam-dong district, named Meyer Riegger Wolff, set to open…
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Canaletto and Diana de Rosa set records at London Old Masters auctions
market-auction
Christie's and Sotheby's London Old Masters sales in early July 2025 achieved strong results, with Canaletto's 'Venice, The Return of the Bucintoro on Ascension Day' selling for…
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Art Market Veterans Form New Perspectives Alliance, Targeting Gulf Collectors
market-auction
A new consulting group, New Perspectives Art Partners, has been established to cater to affluent clients in the Middle East. This consortium features Ed Dolman, Brett Gorvy, Patti…
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Sotheby's Cancels Sale of Buddha's Piprahwa Gems After Indian Government Legal Threat
market-auction
Sotheby's withdrew the Piprahwa Gems, 334 relics associated with the Historical Buddha Shakyamuni, from a scheduled Hong Kong auction in May following a legal notice from the…
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London Summer Sales: Tamara de Lempicka and Christo Lead Sotheby's and Phillips Auctions
market-auction
The summer art auctions in London yielded varied outcomes, with Sotheby's and Phillips conducting evening sales on June 24 and 26, 2025. Sotheby's Modern & Contemporary Evening…
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Tamara de Lempicka's 'La Belle Rafaëla' Sells for Over $10 Million at Sotheby's
market-auction
Tamara de Lempicka's 1927 painting 'La Belle Rafaëla' sold for over $10 million at Sotheby's London on June 24, 2025, in collaboration with the Ritz-Carlton Yacht Collection. The…
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Monica Vitti and Fausto Bertinotti collections head to Finarte auction in Milan
market-auction
Finarte's Modern and Contemporary Art auction in Milan on July 2, 2025, features around 150 lots, including works from the collections of actress Monica Vitti and former…
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Italy slashes VAT on art to 5%, boosting market competitiveness
market-auction
On June 20, 2025, the Italian Council of Ministers approved Article 9 of the DL Omnibus, reducing VAT on sales and imports of artworks and collectors' items from 22% to 5%—the…
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Art Basel 2025 Preview Sales: $9.5M Ruth Asawa Sculpture Leads First-Day Transactions
market-auction
Art Basel 2025, held at Messe Basel on June 17, 2025, experienced impressive sales. David Zwirner achieved $9.5 million from a Ruth Asawa sculpture and $6.8 million from a Gerhard…
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Finarte Milan auctions design and photography on June 17-18
market-auction
Finarte will hold two auctions in Milan on June 17 and 18, 2025, at its Via dei Bossi headquarters, featuring design and Italian photography. The design auction, titled Design…
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Christie's Paris Auction of Restituted Schloss Collection Old Masters
market-auction
Christie's is auctioning seven Old Master paintings from the Schloss Collection, restituted to the heirs of Adolphe Schloss, in an online sale closing June 12, 2025. The…
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Milan Auction House Art-Rite Rebrands as Kruso Art Under Bank Ownership
market-auction
Milan-based auction house Art-Rite, acquired in 2022 by Kruso Kapital (part of Banca Sistema Group), has rebranded as Kruso Art. The new name aligns with the KrusoK Aste app,…
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Lost Guido Reni Masterpiece to Be Auctioned in Paris
market-auction
A long-lost painting by Guido Reni, 'David Contemplating the Head of Goliath', will be auctioned in Paris on November 25, 2025, with an estimate of €2-4 million. The 17th-century…
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Fashion houses reshuffle creative directors in 2025 amid market turbulence
market-auction
In 2025, major luxury groups Chanel, LVMH, Kering, and Prada have announced a series of creative director changes, responding to market pressures and shifting consumer paradigms.…
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Cattelan's Banana Changes Hands Again: From Justin Sun to Ross Ulbricht
market-auction
At the Bitcoin 2025 conference in Las Vegas, cryptocurrency magnate Justin Sun transferred Maurizio Cattelan's 'Comedian' (the duct-taped banana) to Ross Ulbricht, the recently…
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David Lynch memorabilia to be auctioned by Julien's Auctions
market-auction
Julien's Auctions will sell over 450 items from David Lynch's personal collection on June 18 in Beverly Hills. The auction, titled The David Lynch Collection and organized in…
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Art Market Fraud and Tax Evasion: The Dark Side of the Art World
market-auction
The art market, known for its glamour and high-value transactions, harbors significant financial crime. In March 2024, the Paris Tribunal convicted billionaire gallerist Guy…
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Zao Wou-Ki's 1952 Masterpiece Ville verte Leads Philippe Dennery Collection Auction at Artcurial
market-auction
Artcurial will auction Zao Wou-Ki's 1952 painting Ville verte on June 6th 2025 at 2pm CET as the centerpiece of the Philippe Dennery Collection. Measuring 130 x 150 cm, this…
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Beowolff Capital acquires Artnet for €65 million, taking it private
market-auction
Beowolff Capital, the British investment group led by Andrew Wolff, has acquired Artnet, the German online art marketplace and data platform, in a deal valuing the company at…
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Bozner Kunstauktionen to Sell Warhol Drawing and Italian Design Masters
market-auction
Bozner Kunstauktionen's 47th auction on June 3, 2025, at Castel Mareccio in Bolzano features Italian 20th-century art and design masters alongside an Andy Warhol charcoal drawing.…
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Christie's Paris to Auction Helga and Edzard Reuter Collection of European Avant-Garde
market-auction
Christie's will auction 50 works from the Helga and Edzard Reuter collection in Paris on May 28, 2025, with a pre-sale estimate of €3-5 million. The single-owner sale features…
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Il Ponte's May 2025 Auction: Modern and Contemporary Art Highlights
market-auction
Il Ponte auction house is set to conduct a sale of modern and contemporary art in Milan from May 27 to May 29, 2025, with artworks available for viewing at Palazzo Crivelli…
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Refik Anadol turns Messi's favorite goal into AI artwork for UNICEF charity auction at Christie's
market-auction
Lionel Messi and Refik Anadol collaborate on 'A Goal in Life', a charity project where Anadol will create an AI-generated artwork based on Messi's self-selected favorite goal from…
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Sotheby's New York Evening Sales Total $186.1M Led by Gladstone and Luxembourg Collections
market-auction
On May 15, 2025, Sotheby's New York marathon evening auction garnered $186.1 million, with 96% of items sold. This marks a 31% rise from the November 2024 auction but falls short…
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Christie's New York 21st Century Evening Sale totals $96.4M, sets records for Marlene Dumas and Louis Fratino
market-auction
Christie's 21st Century Evening Sale on May 14, 2025 in New York achieved $96.4 million from 42 lots (3 withdrawn), below the $115 million from 60 lots in the previous year. The…
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Thaddaeus Ropac opens Milan gallery, discusses art market slowdown
market-auction
Galleria Thaddaeus Ropac will open a new space in Milan's Palazzo Belgioioso, directed by Elena Bonanno di Linguaglossa. In an interview with Artribune, Ropac discusses the…
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Sotheby's and Phillips May 2025 New York Auctions: Giacometti Fails, Records Set
market-auction
On May 13, 2025, Sotheby's auction in New York featured Alberto Giacometti's bronze sculpture 'Grande tête mince (Grande tête de Diego),' which was estimated to fetch $70 million…
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Art Collection Auction to Repay Debts of Ex-Santanchè Company
market-auction
From May 19 to June 20, 2025, a judicial auction will take place to sell an Italian art collection, aimed at settling the debts of Bioera, a defunct organic food enterprise…
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Christie's New York May Sales Total $489 Million, Mondrian Leads at $47.6M
market-auction
On May 12, 2025, Christie's kicked off the May auction season at Rockefeller Center in New York, featuring two significant events: the Leonard & Louise Riggio collection and the…
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Pandolfini Spring Auctions: Artemisia Gentileschi, Zandomeneghi, Morbelli in Florence
market-auction
On May 14, 2025, Pandolfini holds its spring auction at Palazzo Ramirez Montalvo in Florence, featuring Old Masters and 19th-century paintings across two sessions. The first…
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New York Art Fairs 2025: Sales Report from Frieze, TEFAF, and Independent
market-auction
The 2025 Frieze New York took place at The Shed on May 7, representing the inaugural event following the shift in ownership of the fair's governing body. In spite of global…
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Christie's Dubai Online Auction Highlights Middle Eastern Art with Focus on Women Artists
market-auction
Marie-Claire Thijsen, Christie's Head of Sale for Modern & Contemporary Middle Eastern Art, highlights the online auction scheduled in Dubai from May 3 to May 8. This event…
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