Market & Auctions

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

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Hokusai's Great Wave Sets Auction Record at Christie's New York market-auction
Christie's Asian Art Week in New York, running from March 21 to 30, 2023, achieved record results. The highlight was Katsushika Hokusai's iconic woodblock print "Under the Well of…
Phillips Hong Kong Opens with Imperial Qing Collection and Top Lots by Nara, Kusama market-auction
On March 18, 2023, Phillips will inaugurate its new Asia headquarters located in the WKCDA Tower, designed by Herzog & de Meuron, within Hong Kong's West Kowloon Cultural…
Phillips New Now Auction in New York Totals $8.4 Million, Records for Young Artists market-auction
Following a 'white gloves' auction in London on March 2, Phillips held its New Now sale in New York on March 8, featuring a large catalog of very young artists, some making their…
ANGAMC President Sirio Ortolani on Italian Art Market Reforms and Competitiveness market-auction
Sirio Ortolani, President of ANGAMC (National Association of Modern and Contemporary Art Galleries) for the 2022/2026 term, outlines the association's activities and strategic…
Art-Rite auction features Schulz, Manara, Zerocalcare comic art market-auction
On March 15, Art-Rite will hold its annual Comic Art & Legendary Heroes auction in Milan, offering 148 lots of original comic art, drawings, and collectibles. The sale includes a…
Phillips London Evening Sale Achieves White-Glove Result market-auction
Phillips closed the London evening auction series on March 2, 2023, with a 20th Century & Contemporary Art Evening Sale featuring 23 lots entirely focused on contemporary works.…
Kandinsky record e 9 artisti ai massimi: Sotheby's Londra incassa 173 milioni di sterline market-auction
Sotheby's a Londra ha recentemente concluso una doppia vendita di arte moderna e contemporanea, raccogliendo quasi 173 milioni di sterline, con un aumento del 15% rispetto a…
Sotheby's to auction Maria Manetti Shrem collection in May market-auction
Sotheby's will auction 17 works from the collection of Florentine entrepreneur and philanthropist Maria Manetti Shrem and her husband Jan Shrem in New York this May. Proceeds will…
Christie's London evening sales total £168 million with Picasso top lot at £16.9m market-auction
On March 1, 2023, Christie's London conducted its evening auction for 20th and 21st Century art, generating £168 million from participants across 37 countries. The buyer…
First art auction in Italy with sign language interpretation held by Galleria Pananti market-auction
On February 17, 2023, Galleria Pananti Casa d'Aste in Florence held Italy's first art auction with Italian Sign Language (LIS) interpretation, organized in collaboration with…
Christie's London Auctions: Modern, Contemporary, and Surrealist Art market-auction
Christie's London will hold two major auctions on February 28, 2023, at its King Street location. The 20th/21st Century: London Evening Sale features 66% of lots making their…
Phillips to auction de Kooning and Richter from Marcel Brient collection market-auction
Phillips has announced highlights from its 20th Century & Contemporary Art evening sale in London on March 2, led by two abstract works from the collection of French collector…
Canova plaster sculpture sells for record €1.2 million at Bonino auction market-auction
A plaster group by Antonio Canova, 'Amore e Psiche stanti', sold for €1,228,500 at Bonino auction house in Rome, setting a new world record for a plaster work by the artist. The…
Two Rare Lucian Freud Landscapes Head to Christie's London Auction market-auction
Two rare landscapes by Lucian Freud will be offered at Christie's London on February 28, 2025, in the 20th/21st Century: London Evening Sale. The works, 'Scillonian Beachscape'…
Major Auction Houses Lead Nazi-Looted Art Restitution Efforts market-auction
Major auction houses Christie's and Sotheby's are driving restitution of Nazi-looted art, 25 years after the Washington Principles. Christie's launched 'Reflecting on Restitution'…
Dante's countryside villa near Florence sold market-auction
A 650-square-meter 13th-century farmhouse known as 'La Radola' on the hills of Fiesole, near Florence, has been sold. The property, surrounded by a 1.2-hectare estate with a park,…
Giacometti chandelier bought for £250 in 1960s estimated at £1.5-2.5m at Christie's market-auction
A rare chandelier designed by Alberto Giacometti will be auctioned at Christie's London on February 28 as part of the 20th/21st Century: London Evening Sale, with a pre-sale…
Art-Rite kicks off 2023 auction season with contemporary art sale in Milan market-auction
Art-Rite's first auction of 2023, titled 4-U New, will take place on February 9 at Palazzo Largo Augusto in Milan, featuring 140 lots of contemporary and ultra-contemporary art.…
Bernard Arnault Funds €43M Caillebotte Purchase for Musée d'Orsay market-auction
LVMH chairman Bernard Arnault has financed the French state's acquisition of Gustave Caillebotte's 1877 painting 'Partie de bateau' for €43 million. The work, sold by the artist's…
Magritte's Le retour leads Christie's surrealist auction market-auction
Christie's has announced that René Magritte's Le retour (1950) will be the highlight of its Art of Surreal Evening Sale on February 28, 2023, in London. The work, estimated at…
Sotheby's Old Master sales in New York set records for Bronzino and Cavallino market-auction
Sotheby's Masters Week in New York, held on January 26, saw impressive sales of $86.6 million, surpassing the expected $74 million. The week’s total is anticipated to approach…
Old Master Auctions in New York: Goya Record at Christie's market-auction
Christie's launched the Old Master auction week in New York, marking its first January sales since 2016. The live auctions took place at Rockefeller Plaza from January 25 to 27,…
Edvard Munch's Monumental Canvas to Be Auctioned at Sotheby's London market-auction
A monumental canvas by Edvard Munch, measuring over four meters in length, will be auctioned at Sotheby's London from the Olsen Collection. 'Dance on the Beach' (1906) is a…
Abduzeedo Releases Limited Digital Artwork Inspired by Weave Pattern Tutorial market-auction
On January 24, 2023, Abduzeedo announced the availability of limited edition digital artwork for purchase on Etsy. The minimalist piece, inspired by a 2014 tutorial called the…
Pananti Casa d'Aste Launches Web Series 'Casa Pananti' market-auction
Pananti Casa d'Aste, a historic Italian auction house based in Florence, has launched a web series titled 'Casa Pananti' on its website, YouTube, and Facebook channels. The…
Kim Kardashian acquires Princess Diana's Attallah Cross at Sotheby's auction market-auction
Kim Kardashian won the Attallah Cross, a jewel beloved by Princess Diana, at a Sotheby's auction in London. The pendant, made of amethysts and diamonds, was purchased through an…
Limited Edition Digital Artwork 'Calmaria' Released on Etsy by Abduzeedo market-auction
On January 18, 2023, Abduzeedo announced the availability of a limited edition digital artwork titled 'Calmaria' for purchase on Etsy, with only 100 copies offered. The piece is…
Frick Collection Acquires Rare Female Renaissance Portrait by Moroni market-auction
The Frick Collection in New York has acquired Giovan Battista Moroni's 'Ritratto di donna' (c. 1575), marking the first female Renaissance portrait and the first work by the…
2022 Auction Records: Warhol, Seurat, and the Paul G. Allen Collection Dominate market-auction
In 2022, record-breaking revenues were achieved by global auction houses, particularly in New York and London. Significant sales included Andy Warhol's 'Shot Sage Blue Marilyn,'…
Ultracontemporary Art Market: Trends, Records, and Risks for Young Artists market-auction
The art market in 2022 was heavily influenced by the ultracontemporary movement, with Sotheby's, Christie's, and Phillips conducting auctions for artists under 40 years old. This…
Lucian Freud Retrospective at National Gallery Coincides with Record Auction Fragment market-auction
A fragment of Lucian Freud's 'And the Bridegroom' sold for nearly £2 million at Sotheby's Contemporary Art Evening Sale on October 14, 2022, against an estimate of £700,000–£1…
2022 art market milestones: from Paul G. Allen record to NFT crash market-auction
The 2022 art market saw several defining trends. Christie's sale of the Paul G. Allen Collection achieved $1.6 billion, the highest ever for a single-owner auction, surpassing the…
2022 Auction House Records: Sotheby's, Christie's, Phillips Post Highest Sales market-auction
Sotheby's, Christie's, and Phillips all reported record sales for 2022. Sotheby's projected global sales exceeding $8 billion, with $6.4 billion from fine art and luxury auctions,…
Bernard Arnault acquires Casa degli Atellani and Leonardo's vineyard in Milan market-auction
Bernard Arnault, the world's richest man with a net worth of €169.8 billion according to Forbes, has purchased Casa degli Atellani in Milan, including the historic vineyard of…
Sotheby's and Christie's Old Masters Auctions in London: Mixed Results and Record Prices market-auction
During the Old Masters auction week in London, results from Sotheby's and Christie's varied. Sotheby's Evening Sale for Old Masters achieved a total of £33 million, boasting an…
Publisher Luca Sossella auctions art collection to fund medical treatment market-auction
Italian cultural publisher Luca Sossella is auctioning his art collection to cover the costs of an expensive medical treatment. The auction, organized with the help of Finarte…
Cambi's auction week spans Milan and Genoa with Old Masters and modern art market-auction
Italian auction house Cambi is holding a series of sales across Genoa and Milan in December 2022. In Genoa on December 14, an Old Masters auction features over 220 lots including…
Corinaldi Collection of Visual Poetry Auctioned at Cambi market-auction
The Corinaldi Collection, dedicated to Visual Poetry and Concrete Poetry, was auctioned by Cambi auction house in Milan in November 2022. The collection features works by Italian…
Banksy sells 50 screenprints for Ukraine relief market-auction
Banksy has announced the creation of 50 screenprints to raise funds for Ukraine, with all proceeds going to Legacy of War Foundation to support victims of the conflict. The…
Finarte Acquires Czerny's International Auction House market-auction
Finarte has completed the full acquisition of Czerny's International Auction House, consolidating a partnership initiated a year ago. The deal follows Finarte's 2017 acquisition…

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