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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Marc Chagall's Catskills cottage-studio listed for $240,000 in New York
market-auction
A 78-square-meter cottage at 420 Mohonk Road in High Falls, New York, where Marc Chagall lived and worked in the 1940s, is on the market for $240,000. Chagall fled to New York in…
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Fortune Pink diamond sells at Christie's Geneva Luxury Week for CHF 28.4 million
market-auction
Christie's Magnificent Jewels auction in Geneva saw the Fortune Pink, a 18.18-carat vivid pink diamond, sell for CHF 28,436,500 (including buyer's premium) to an anonymous Asian…
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Basquiat's former NYC loft listed for $60,000 monthly rent
market-auction
The apartment at 57 Great Jones Street in New York, where Jean-Michel Basquiat lived and worked from 1983 to 1988, is now available for rent at $60,000 per month. The property,…
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Paul G. Allen Collection Shatters Records with $1.5 Billion Christie's Auction
market-auction
The first part of Christie's auction of the Paul G. Allen collection, held at Rockefeller Center on November 9, 2022, achieved a total of $1.5 billion, surpassing previous…
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Banca Sistema acquires Milan auction house Art-Rite
market-auction
The Banca Sistema Group has entered the art market by acquiring the Milan auction house Art-Rite through its subsidiary Kruso Kapital, with legal effect from early November. The…
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Cy Twombly's Bacchus Series Leads Phillips New York Auction
market-auction
A monumental 2005 Cy Twombly painting, Untitled, from his Bacchus series will be the highlight of Phillips' 20th Century & Contemporary Art Evening Sale in New York on November…
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Basquiat's Sugar Ray Robinson to Lead Christie's 21st Century Evening Sale
market-auction
Christie's will auction Jean-Michel Basquiat's monumental 1982 painting 'Sugar Ray Robinson' as the top lot of its 21st Century Evening Sale on November 17, 2022, in New York. The…
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Rumor: Gagosian Gallery Acquired by LVMH, Denials and Speculation
market-auction
On October 24, 2022, Dagospia announced that LVMH, under the leadership of Bernard Arnault, was negotiating to purchase Gagosian Gallery. However, founder Larry Gagosian refuted…
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Rubens' Salome to be auctioned at Sotheby's New York
market-auction
Peter Paul Rubens' 'Salome with the Head of John the Baptist', painted in 1609, will be auctioned at Sotheby's New York in January 2023 as part of the Master's Week Auctions. The…
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Alighiero Boetti's Mappa Sets New Auction Record at Christie's Paris
market-auction
Alighiero Boetti's 1979 Mappa on pink background achieved €5.6 million at Christie's Paris, surpassing his previous record set in 2021 when Sottrazione (1982) sold for nearly $4.6…
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Christie's Thinking Italian Auction Moves to Paris for First Time
market-auction
Christie's is relocating its Thinking Italian auction, dedicated to contemporary Italian art, from London to Paris for the first time. The sale, titled Avant-Garde(s) including…
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Phillips London Evening Sale Sees Strong Demand for Emerging Artists
market-auction
Phillips held its 20th Century & Contemporary Art Evening Sale in London on October 14, 2022, achieving a total of £18.7 million against a pre-sale estimate of £15-21 million,…
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Sotheby's to Auction David M. Solinger's $100M+ Contemporary Art Collection
market-auction
Sotheby's will auction the David M. Solinger collection across four sales in New York and Paris, starting November 14, 2022. The contemporary art evening sale on November 14 in…
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Sotheby's Hong Kong Autumn Sales: Pink Star Diamond and Modern Art Lead
market-auction
From October 2 to 9, 2022, Sotheby's held its Autumn Sales in Hong Kong, featuring a diverse array of art, jewelry, and photography aimed at both global and Asian collectors. A…
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Christina Quarles Shatters Auction Record at Sotheby's
market-auction
Christina Quarles, born in Chicago in 1985, achieved a new auction record at Sotheby's The Now sale on May 19 in New York. Her painting Night Fell Upon Us (Up On Us) (2019) sold…
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Canaletto top lot at Pandolfini auction in Florence
market-auction
Pandolfini auction house held two sales at Palazzo Ramirez-Montalvo in Florence on September 29-30, 2022, featuring 32 lots of exceptional historical and artistic interest and…
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Phillips' New Now auction format targets young artists
market-auction
Phillips held its New Now auction on September 28, 2022 in New York, featuring over 250 lots primarily of ultra-contemporary works. The format, launched in 2015, focuses on…
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Phillips Partners with Chinese Auction House Yongle for Autumn Sales
market-auction
Phillips has announced a strategic partnership with Yongle, a young Chinese auction house, for a series of auctions this autumn in Hong Kong and Beijing. The collaboration…
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Sotheby's to Auction 17 Works from Grasset Collection of Dutch and Flemish Still Lifes
market-auction
Sotheby's London will auction 17 works from the collection of Juan Manuel Grasset (1927-2020), a Spanish civil engineer and passionate art collector, at its Old Master Evening…
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Alighiero Boetti's largest Mappa to debut at Sotheby's New York
market-auction
Sotheby's Contemporary Evening Sale in New York on November 16 will showcase a significant Mappa by Alighiero Boetti, measuring nearly six meters in width. This 1989-1991 artwork…
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Dorothea Lange's Unseen Photos Go to Auction at Phillips
market-auction
Phillips is auctioning over a hundred never-before-seen photographs from the family collection of Dorothea Lange. The online sale, Dorothea Lange: The Family Collection, is split…
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Phillips London to Auction 78 Affordable Works by David Hockney
market-auction
On September 13, 2022, Phillips will hold a dedicated auction at its Berkeley Square headquarters in London featuring 78 lots of David Hockney's lithographs, iPad drawings, and…
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Robert Pattinson curates Sotheby's Contemporary Curated auction in New York
market-auction
Actor Robert Pattinson, known for roles in Twilight, Harry Potter, and The Batman, has been named curator for Sotheby's Contemporary Curated auction in New York. The exhibition…
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Il Ponte Casa d'Aste auctions first issue of La Settimana Enigmistica
market-auction
Il Ponte Casa d'Aste in Milan launches its autumn auction season with three dedicated sales: philately on September 19, rare books and artist books on September 20, and fine wines…
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Villa Barbaro di Maser arredi all'asta da Cambi a Milano
market-auction
Il 5 ottobre 2022 Cambi Casa d'Aste batterà a Milano una selezione di arredi, oggetti d'arte e abiti provenienti da Villa Barbaro di Maser, proprietà di Vittorio Dalle Ora. La…
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David Hockney's Early Morning, Sainte-Maxime heads to Christie's London auction
market-auction
Christie's has announced that David Hockney's 1969 painting Early Morning, Sainte-Maxime will be a highlight of its autumn auction season, with a presale estimate of £7-10…
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Sotheby's Returns to Singapore After 15 Years with $24.5M Auction
market-auction
Sotheby's made a significant comeback in Singapore on August 28, 2022, after a 15-year absence, hosting a prominent auction of modern Asian and contemporary international art that…
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Biennale di Venezia and Art Market: Interconnections Without Hypocrisy
market-auction
Antonella Crippa, coordinator of Art Advisory & Fair Value at Intesa Sanpaolo and former Artribune contributor, analyzes the health of the art market in light of the 59th Venice…
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Andy Warhol's College Paintings to Be Auctioned by His Nephews
market-auction
The family of Andy Warhol will auction a group of paintings created by the artist during his college years. The works, whose estimated values have not been disclosed, will be sold…
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Italian police seize €141M from Putin's architect including 143 artworks
market-auction
On August 3, 2022, Italian financial authorities, known as Guardia di Finanza, executed a seizure of €141 million from architect Lanfranco Cirillo, often referred to as "Putin's…
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Gorgosaurus Skeleton Leads Sotheby's Natural History Auction
market-auction
A Gorgosaurus skeleton sold for over $6 million at Sotheby's New York on July 28, 2022, as the highlight of the Natural History, including Gorgosaurus auction. The session…
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China's Green Steel Transition and Its Impact on Australian Exports
market-auction
In June 2022, Chinese authorities released a national climate adaptation strategy outlining plans to achieve carbon neutrality by 2060. The steel industry, responsible for…
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Christie's sells NFT authenticity certificate for Skygolpe painting
market-auction
Christie's third online auction 'Trespassing' ran July 8–21, 2022, with public viewing at Rockefeller Center, New York from July 13–21. Curated by collector Ronnie K. Pirovino in…
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Simon de Pury launches new auction model with 100% hammer price to artists
market-auction
Simon de Pury, the renowned auctioneer, entrepreneur, and art dealer, has launched a new online auction series through his company de PURY. The model aims to counter speculative…
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Marie-Louise Sciò Curates Sotheby's Milan Contemporary Curated Auction
market-auction
Marie-Louise Sciò, CEO and Creative Director of Pellicano Hotels and founder of ISSIMO, has been selected as the curator for Sotheby's Milan Contemporary Curated auction,…
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Il Ponte's Design and Decorative Arts Auction Totals €750,000 in First Half of 2022
market-auction
Il Ponte auction house closed the first half of 2022 with €750,000 in sales, following its June 23–24 auction of 20th-century decorative arts and design. The sale featured…
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London June 2022 Auctions: Christie's and Sotheby's Results
market-auction
In June 2022, the auctions held in London by Christie's and Sotheby's shifted their emphasis towards investment, with maximum estimates capped at £2 million. Christie's "20/21…
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TEFAF Maastricht 2022 Reports Strong Sales in Post-Pandemic Return
market-auction
The 35th edition of TEFAF Maastricht took place from June 24 to June 30, 2022, marking the first summer event since the pandemic and showcasing impressive sales. More than 100…
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Pandolfini auction of modern and contemporary art achieves strong results in Milan
market-auction
Pandolfini's auction of Modern and Contemporary Art on June 22 in Milan saw over 140 lots, many from private collections, achieve strong results. Top lots included Arnaldo…
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Italian Galleries Report Strong Sales at Art Basel 2022
market-auction
Art Basel 2022 wrapped up with impressive sales and significant engagement from collectors, drawing in 70,000 attendees, among them Mera Rubell and Patrizia Sandretto Re…
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