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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Mariangela Melato's personal effects auctioned at Bonino in Rome
market-auction
Bonino auction house in Rome is selling the personal effects of late actress Mariangela Melato from her home on Via dei Coronari. The auction includes furniture, clothing,…
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Japanese Artists on the Rise: Gutai, Mono-Ha, and Contemporary Stars
market-auction
The market for Japanese Gutai artists is evolving, exemplified by Kazuo Shiraga's remarkable €8.7 million auction record set in Paris for a painting from 1959. Established by Jiro…
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Jago's 'Habemus Hominem' Sculpture Sold as Shares at Paratissima
market-auction
At Paratissima in Turin, from October 31 to November 4, 2018, shares of Jago's (Jacopo Cardillo) sculpture 'Habemus Hominem' are being sold for €20 each, allowing the public to…
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Pandolfini Casa d'Aste Launches ARCADE for Affordable Art
market-auction
Pandolfini Casa d'Aste, the Florentine auction house with over ninety years of history, has launched a new brand called ARCADE. The initiative targets quality artworks at more…
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Richard Prince's Instagram Photography Sets $1.2M Auction Record Amid Retrospective and Exhibition
market-auction
A Richard Prince photograph sold for $1,248,000 at auction, establishing a new world record for photography. Eighteen experts discussed this sale with Brian Appel. Prince's work…
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Martín Ramírez's Untitled (Seven Stags) sold by Phyllis Kind in 2018
market-auction
On October 10, 2018, a post on artcritical.com noted the sale of Martín Ramírez's 1953 work Untitled (Seven Stags) by Phyllis Kind. The entry was published at 12:27 pm that…
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Banksy's self-destructing artwork goes viral with memes
market-auction
At a Sotheby's auction in London, Banksy's 'Girl with Balloon' self-destructed moments after selling for over £1 million. The Bristol-based street artist claimed responsibility on…
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Banksy's 'Girl with Balloon' self-destructs after selling for £1M at Sotheby's
market-auction
During the week of Frieze London, Sotheby's evening auction for Contemporary Art concluded dramatically as Banksy's 'Girl with Balloon' self-destructed after fetching £953,000,…
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Bonhams Acquired by UK Private Equity Fund Epiris
market-auction
Bonhams, one of the world's oldest and most renowned auction houses, has been acquired by the British private equity fund Epiris Fund II. The financial terms of the deal have not…
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Sotheby's to Sell WWI-Era Artworks in Centenary Auction
market-auction
Sotheby's has announced a landmark auction titled 'The Beautiful and Damned: Radical Art of the Great War,' scheduled for November 12, 2018, in New York. The sale coincides with…
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Yayoi Kusama designs skateboards for MoMA Design Store
market-auction
Yayoi Kusama has created a limited-edition collection of skateboards for the MoMA Design Store, featuring her signature polka dots in yellow-and-black and red-and-white colorways.…
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Christie's and Sotheby's Autumn Auctions: Italian Art Under the Spotlight in London
market-auction
Christie's and Sotheby's are set to conduct Post War and Contemporary Art auctions in London on October 4 and 5, highlighting Italian art during Frieze week. Christie's sale,…
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Frank Lloyd Wright's spiral house that prefigured the Guggenheim is for sale
market-auction
The David and Gladys Wright House, located in Phoenix, Arizona, is once again available for purchase at nearly $13 million. Designed by Frank Lloyd Wright in 1952 for his son…
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Art Basel introduces sliding-scale booth fees to support smaller galleries
market-auction
Art Basel will implement a sliding-scale pricing model for booth fees starting with its 2019 Swiss edition, reducing costs for smaller galleries while increasing them for larger…
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Christie’s to Auction Mann Photography Collection and AI Portrait
market-auction
Christie’s is preparing a busy autumn season with several high-profile auctions. On October 4 and 5, the house will sell the Diann G. and Thomas A. Mann Collection of Photographic…
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Sotheby's Ginevra mette all'asta i gioielli di Maria Antonietta
market-auction
Sotheby's metterà all'asta a Ginevra il 12 novembre 2018 la collezione 'Royal Jewels from the Bourbon Parma Family', comprendente gioielli appartenuti a Maria Antonietta, mai…
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Tim Bessell's Pop Art Surfboards Sold at Gagosian
market-auction
Artist Tim Bessell, born in 1957 and based in San Diego, California, has created a series of surfboards inspired by Andy Warhol's works, now available for $10,000 each. The…
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Mugrabi divorce threatens to split 1,000+ Warhol works
market-auction
David Mugrabi, heir to a Pop Art fortune, is divorcing wife Libbie with no prenuptial agreement. The couple's joint collection includes over 1,000 Andy Warhol works, plus pieces…
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Sotheby's to auction oldest known film poster from 1895 Lumière screening
market-auction
Sotheby's London will auction on August 28 a lithograph by French artist Henri Brispot (1846–1928) advertising the first public paid film screening by the Lumière brothers in…
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NADA cancels New York fair amid independent art market pressures
market-auction
NADA, the nonprofit New Art Dealers Alliance, has canceled its New York edition, originally scheduled for March, to focus on supporting member galleries during Armory Show week.…
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Sotheby's 2018 H1 Revenue Up but Profits Drop 26% Due to Guarantees
market-auction
Sotheby's reported a 2% revenue increase to $345.6 million in Q2 2018, with sales up 15% to $2.4 billion. Private sales surged 57% to $296 million. However, net income fell 26% to…
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Tunisian modern art market and key artists, according to Elmarsa director Lilia Ben Salah
market-auction
Tunisian modern art is making significant strides in global recognition, especially in major galleries and auction platforms, as noted by Lilia Ben Salah, who manages Elmarsa in…
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David Zwirner hires influencer Elena Soboleva as first director of online sales
market-auction
David Zwirner, the German art dealer celebrating 25 years since opening his first gallery, has appointed Elena Soboleva as his first director of online sales. Soboleva, a…
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Sotheby's to Auction Robin Williams' Art Collection in New York
market-auction
Sotheby's will auction the collection of Marsha and Robin Williams on October 4, 2018, in New York. The sale includes film memorabilia, photographs, and contemporary art by Niki…
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Photo Market Report: Mixed Results at Spring Auctions
market-auction
At the end of June, the photography market took stock. Photo Basel, the season's last photo fair, benefited from the concurrent Art Basel, while the new Master Cabinet section…
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Art Market Reflects Global Uncertainty Amid Record Sales and Dystopian Art
market-auction
The art market exhibits volatility, mirroring global uncertainties, with varying data despite optimism among operators. Following a 12% rise in 2017, the evening sales in New York…
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Marlene Dumas Market Records: $3.56M 'The Visitor' Still Top
market-auction
South African-born painter Marlene Dumas (b. 1953) holds an auction record of €3,563,070 for 'The Visitor' (July 2008), which remains unbeaten. Her 2017 sales included…
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Victoria Beckham curates Old Masters sale for Sotheby's London
market-auction
On July 4, Sotheby's London will auction a selection of Old Master portraits during its Old Master Evening Sale, curated by Victoria Beckham. The former Spice Girl and fashion…
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Blindarte Spring Auctions 2018 Achieve Strong Results
market-auction
Blindarte, the Neapolitan auction house with a Milan branch, concluded its spring 2018 auctions with notable success. On June 4 in Milan, the Modern and Contemporary Art auction…
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Frank Dunphy, Damien Hirst's Former Manager, Auctions Off His Art Collection
market-auction
Frank Dunphy, the former manager of Damien Hirst, is selling a major portion of his private art collection through Sotheby's. The auction, titled "Yellow Ball," features 200 works…
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Sotheby's and Christie's London Auctions: Picasso Disappoints, Monet and Marc Shine
market-auction
Sotheby's and Christie's held their June 2018 impressionist and modern art auctions in London, with mixed results. At Sotheby's, a Chagall on paper sold for £960,000 (double…
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Argentine Museum Acquisitions and Brazilian Exhibitions Highlight Latin American Art Scene
market-auction
Several museums in Argentina have recently expanded their collections with notable contemporary pieces. The Museo Municipal de Bellas Artes de Tandil has obtained "Rizoma" (2017)…
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Freddy Battino on Il Ponte's Auction Strategy and Market Trends
market-auction
Freddy Battino, who leads the Modern and Contemporary Art department at Il Ponte, shares insights on the auction's key features and market trends. The catalog showcases a range of…
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Modigliani's Nu Couché Sells for $157 Million at Sotheby's, Italian Art Market Rebounds
market-auction
On May 14, 2018, Sotheby's New York sold Amedeo Modigliani's 'Nu Couché (sur le côté gauche)' for $157,159,000, the highest price for the artist at auction. The 1917 painting,…
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Christie's Spain to Auction 25 Minutes of Time from 16 International Figures
market-auction
Christie's Spain will auction 25-minute slots of time from 16 prominent figures in politics, science, art, and gastronomy on June 7, 2018, in Madrid. The event, organized by…
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Italian Photography Auction Market Faces Growing Pains
market-auction
The Italian photography auction market is expanding rapidly, closing the gap with European and American counterparts, but this growth has sparked tensions. While Italian…
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Artcurial's street style auction rakes in €850,681 with Supreme trunk as top lot
market-auction
On May 16, 2018, Artcurial held its first auction entirely dedicated to street style, titled C.R.E.A.M. – Cash Rules Everything Around Me, at its Paris venue on Avenue Montaigne.…
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Photo London 2018 and London Photography Auctions Report
market-auction
Photo London's fourth edition took place at Somerset House until May 20, co-directed by Michael Benson and Fariba Farshad. Over 100 galleries from 18 nations exhibited, selected…
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Brand Financial and Global Finance rank the world's most powerful fashion brands for 2018
market-auction
Brand Financial, a London-based brand valuation firm with 20 offices worldwide, annually ranks the 500 most powerful global brands. For 2018, Amazon leads, followed by Apple,…
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Art Fairs as the Backbone of the Global Art Market: Insights from Art Basel Report and Fair Directors
market-auction
The Art Basel & UBS Art Market Report remains the most comprehensive analysis of the art market since the TEFAF Art Market Report ceased in 2018. The 2016 data shows the market…
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