Market & Auctions

Most recent stories

• Hauser & Wirth owners acquire London's Groucho Club in £40 million deal market-auction

  Manuela and Iwan Wirth, the proprietors of Hauser & Wirth, have acquired London's Groucho Club through their hospitality venture Artfarm. The Soho institution was purchased for…

• Artist Pension Trust's inaugural auction sales at Sotheby's New York and London market-auction

  In March and April, the Artist Pension Trust (APT) will host its inaugural auction sales in New York and London through Sotheby's. Established in 2004, this organization has…

• Sotheby's to host 'Art for Grenfell' auction supporting fire victims market-auction

  On October 16, 2017, Sotheby’s in London will hold an auction called 'Art for Grenfell' aimed at raising money for those impacted by the Grenfell Tower fire. Notable artists like…

• MCH Group Acquires 25.1% Stake in New Art Düsseldorf Fair market-auction

  MCH Group, owner of Art Basel, has purchased a 25.1 percent stake in art.fair International GmbH, the organizer of the new ART DÜSSELDORF fair. The remaining shares stay with…

• Frieze acquires Armory Show and Expo Chicago market-auction

  Frieze has acquired The Armory Show in New York and Expo Chicago, both of which are among the longest-running art fairs in the U.S. This move strengthens Frieze's presence in…

• Francis Bacon's bisected nude to sell as single lot with Tony O'Malley's paintings at Christie's market-auction

  A rediscovered Francis Bacon painting, Figure, estimated at £20,000–£30,000, will be auctioned at Christie's South Kensington on 17 March 2016. The unfinished nude was discarded…

• Sotheby's Acquires Whitney's Breuer Building for $100 Million, Plans 2025 Headquarters Move market-auction

  In 2025, Sotheby's plans to move its main headquarters to the Breuer building located at 945 Madison Avenue after acquiring the notable structure for $100 million. Completed in…

• Global art sales plummet 22% in 2020, online transactions surge to $12.4 billion market-auction

  According to the annual report from Art Basel and UBS, global sales of art and antiquities plummeted by 22% to $50.1 billion in 2020, largely due to disruptions caused by the…

• David Hockney's 1972 painting sets new auction record for living artists market-auction

  A 1972 painting by David Hockney achieved a historic sale price of $90.3 million at Christie's in New York on November 16, 2018. This transaction established a new benchmark for…

• Stephen Curry's Free Agency Sneaker Collection Heads to Sotheby's Auction market-auction

  Sotheby's is set to auction more than 70 pairs of sneakers that Golden State Warriors superstar Stephen Curry wore during his historic free agency phase. On November 13th, 2025,…

• Intensifying Competition Among Mid-Tier Auction Houses Amid Market Pressures market-auction

  The auction industry's middle market, typically defined as lots under $1 million, faces heightened competition and margin pressures. Complex financial arrangements once reserved…

• Bitcoin Achieves Eight Consecutive Daily Gains Amid Market Analysis market-auction

  Bitcoin has experienced eight successive days of price increases, reaching approximately $74,300, marking its longest positive streak in over two years. The rally followed a…

• Historical Atlas Previously Owned by Queen Mary I to Be Auctioned for $1.6 Million market-auction

  A rare atlas that once belonged to Queen Mary I is being offered for sale in 2024 with an asking price of $1.6 million. The item initially entered the market with a lower…

• Enhancing Landscape Art Appeal Through Atmospheric Elements market-auction

  A blog post discusses strategies for increasing the commercial success of landscape paintings by emphasizing lighting, mood, and atmospheric qualities rather than just subject…