Market & Auctions

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

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Upsilon Gallery Opens in Milan, Strengthening City's Art Market Appeal market-auction
Upsilon Gallery will open its first Italian location in Milan on November 18, 2025, at Via Gastone Pisoni 2, near Teatro alla Scala and within the Quadrilatero fashion district.…
Christie's Paris Auctions Set New Records for Yves Klein and Jannis Kounellis market-auction
On October 23, 2025, Christie's Paris held auctions during Art Basel Paris, achieving a total of €71.9 million over two sessions. The sale titled 'Moderne(s), une collection…
Bonhams Paris Selling Exhibition Honors Tano Festa During Art Week market-auction
During Paris Art Week, Bonhams is hosting a selling exhibition dedicated to Tano Festa (Rome, 1938–1988), a key figure of 20th-century Italian art. The show runs from October 20…
Kate Bush Song Inspires 50+ UK Artists for War Child Auction market-auction
More than 50 British visual artists have produced pieces inspired by Kate Bush's 1985 song "Running Up That Hill" for a charity auction benefiting War Child. This auction, part of…
Sotheby's London Contemporary Evening Auction Totals £47.6M, Ser Serpas Sets Record market-auction
Sotheby's Contemporary Evening Auction in London on October 16, 2025, achieved £47,560,640, the highest for an October evening sale since 2023, up 25% from £37.6 million in 2024.…
Arcadia auction in Rome to fund urban regeneration with Charlemagne collection market-auction
On October 21, 2025, at 6:30 PM, the Arcadia auction house in Rome will auction 36 pieces from the Fondazione Charlemagne collection to support the Periferiacapitale urban…
Catawiki and Artribune Partner for Online Art Auction Featuring 300+ Works market-auction
Catawiki, Europe's leading platform for special objects selected by experts, has partnered with Artribune, a reference point for cultural information in Italy, to host an online…
Christie’s celebrates 25 years of Italian art sales with Paris auction market-auction
On October 23, 2025, Christie’s Paris will celebrate the 25th anniversary of its Italian art auction series, Avant-Garde(s), featuring Thinking Italian. Among the highlights is…
Pace Gallery Closes Hong Kong Space as Evelyn Lin Returns to Sotheby's Asia Leadership market-auction
Pace Gallery is set to shut down its Hong Kong location at H Queen's by the end of this month, though it will keep offices in Hong Kong and Beijing and might explore new venues.…
Art Commission Service Partners with Ecologi for Reforestation Initiative market-auction
An art commissioning service has established a partnership with environmental organization Ecologi to link art purchases with reforestation efforts. Each commissioned artwork…
Hong Kong's First Marquee Auction Week Generates HKD 1.5 Billion Amid Subdued Market market-auction
In September 2025, Hong Kong experienced its first auction week, generating a total of HKD 1.5 billion (USD 190.6 million) across three auction houses. Christie's topped the week…
Warhol's Armani portrait leads Phillips' autumn auctions preview in Milan market-auction
Phillips is showcasing highlights from its upcoming Modern & Contemporary Art auctions in London and New York at its Milan space on Via Lanzone through September 26, 2025. The top…
Metropolitan Museum of Art Adds Works by Cai Guo-Qiang, Qiu Xiaofei, and Matthew Wong to Collection market-auction
The Metropolitan Museum of Art in New York has expanded its modern and contemporary holdings with acquisitions by three Asian artists. Cai Guo-Qiang's 1991 eight-panel paper work,…
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.…
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…
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,…
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…
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.…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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,…
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…
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.…
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…
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…
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…
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…
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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