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• Alighiero Boetti tapestry leads Bonhams London auction during Frieze Week market-auction

  Bonhams London will auction Alighiero Boetti's tapestry 'Tutto' (1988-1989) as the top lot in its Post-War & Contemporary Art sale on October 12, 2023, coinciding with Frieze…

• Monet's Water Lilies Masterpiece to Auction at Christie's New York market-auction

  A rediscovered masterpiece by Claude Monet, Le bassin aux nymphéas (1917-1919), will be auctioned at Christie's New York on November 9 as part of the 20th Century Evening Sale.…

• Three Cézanne masterpieces from Langmatt Museum to be auctioned at Christie's New York market-auction

  Christie's New York will auction three Paul Cézanne paintings from the Langmatt Museum in Baden, Switzerland, during its 20th Century Evening Sale on November 9, 2023. The…

• Gerard Depardieu auctions 250-piece art collection at Hôtel Drouot market-auction

  Actor Gerard Depardieu is auctioning his 250-piece art collection at Hôtel Drouot in Paris through Ader on September 26-27, 2023. The sale includes works by Rodin, Picasso, Miró,…

• Roman Abramovich's $963M Art Collection Hidden from EU Sanctions market-auction

  An investigation conducted by The Guardian and OCCRP has uncovered that Russian billionaire Roman Abramovich and his former spouse Dasha Zhukova possess a collection of 367…

• NFT Market Crash: 95% of Collections Worth Zero market-auction

  A study by dappGambl, based on data from NFT Scan and CoinMarketCap, reveals that 95% of over 73,000 NFT collections now have zero value. Approximately 23 million people hold…

• Hauser & Wirth acquires Galerie Knoell in Basel market-auction

  Hauser & Wirth has absorbed Galerie Knoell in Basel, taking over its space at Luftgässlein 4 and its founder Carlo Knoell, who becomes senior director of the mega-gallery. The…

• John Cheim collection to be auctioned by Sotheby's in New York market-auction

  Sotheby's will auction the collection of gallerist and collector John Cheim in New York this November across two sessions. Cheim, co-founder of Cheim & Read gallery since 1997,…

• Lehmann Maupin on Seoul's Art Market Growth and Frieze Seoul Success market-auction

  Founded in 1996 by Rachel Lehmann and David Maupin, Lehmann Maupin has played a pivotal role in the South Korean art landscape since the establishment of its Seoul gallery in…

• Il Ponte auction house opens new Milan branch in Santa Giulia ahead of 2026 Olympics market-auction

  Italian auction house Il Ponte has opened a new satellite location in Milan's Santa Giulia district, moving from its previous Via Pitteri site. The new address is Via Medici del…

• Freddie Mercury's Collection Fetches Record £12.2M at Sotheby's market-auction

  Sotheby's London concluded the first of six auctions for Freddie Mercury's estate, achieving £12.2 million against a pre-sale estimate of £6 million. All 59 lots sold, with 93%…

• Phillips Opens New Milan Office in Palazzo Visconti market-auction

  International auction house Phillips will open its first Italian office on September 14, 2023, in Milan's historic Palazzo Visconti at via Lanzone 2. The 16th-century building,…

• Bernard Arnault Acquires Casa degli Atellani in Milan, Closing to Public market-auction

  Casa degli Atellani and the Vigna di Leonardo, two of Milan's most important Renaissance attractions, will close to the public starting October 1. The complex was purchased in…

• LVMH-backed Birkenstock prepares for IPO amid fashion M&A wave market-auction

  The fashion industry is undergoing a wave of mergers and acquisitions driven by financial strategies. In mid-August, Tapestry acquired Capri Holdings for $8.5 billion, creating…

• Christie’s to Auction François-Xavier Lalanne’s First Major Sculpture in Paris market-auction

  Christie’s will auction Rhinocrétaire I (1964), the first major sculpture by François-Xavier Lalanne, as a single-lot sale on October 20, 2023, in Paris during Paris+ par Art…

• Christie's cancels Horten jewelry sale amid Nazi provenance backlash market-auction

  Christie's has canceled a November 2023 auction of 300 lots from the Heidi Horten jewelry collection in Geneva, following intense controversy over the Nazi origins of the Horten…

• Banksy's Valentine's Day Mural Fractionalized for Public Sale market-auction

  Banksy's 2023 Valentine's Day mural 'Valentine's Day Mascara' in Margate, UK, depicting domestic violence, is being sold in shares via Showpiece platform. The artwork, valued at…

• Long Museum's Collection Heads to Sotheby's Auction market-auction

  Chinese billionaire Liu Yiqian, co-founder of the Long Museum in Shanghai with his wife Wang Wei, is selling a portion of their collection through Sotheby's, valued at $150…

• LGDR Gallery Dissolves as Jeanne Greenberg Rohatyn Departs market-auction

  The LGDR gallery in New York, founded in 2021 by Dominique Lévy, Brett Gorvy, Amalia Dayan, and Jeanne Greenberg Rohatyn, is dissolving after less than two years. Greenberg…

• MSCHF's Microscopic Louis Vuitton Tote Sells for $63,000 at Auction market-auction

  The Brooklyn-based group MSCHF has crafted a minuscule version of Louis Vuitton's OnTheGo tote, measuring just 657 x 222 x 700 micrometers—smaller than a grain of salt. This tiny…

• Auction houses report mixed results for first half of 2023 market-auction

  Christie's sales fell 23% to $3.2 billion in H1 2023, with private sales down 19% to $484 million. The top lot was Jean-Michel Basquiat's 'El Gran Espectaculo (The Nile)' at $67.1…

• Ukraine Launches Database of Sanctioned Russians' Artworks market-auction

  Ukraine's National Agency for Corruption Prevention (NACP) has launched an online database cataloging artworks owned by Russian oligarchs under Western sanctions for their ties to…

• Guggenheim New York raises ticket prices to $30, becoming second most expensive museum in city market-auction

  The Solomon R. Guggenheim Museum in New York has increased its admission prices for the first time in eight years, effective August 1, 2023. Adult tickets rose from $25 to $30,…

• Sotheby's Paris to Offer Magritte's La Valse Hésitation with €10-15M Estimate market-auction

  Sotheby's will auction René Magritte's 1955 painting La Valse Hésitation in Paris on October 19, 2023, with a pre-sale estimate of €10-15 million, the highest ever for the auction…

• Kering acquisisce il 30% di Valentino per 1,7 miliardi di euro market-auction

  Il 27 luglio 2023, Kering, sotto la direzione di François-Henri Pinault, ha acquistato il 30% di Valentino per un valore di 1,7 miliardi di euro da Mayhoola for Investment LCC, il…

• Italian Artists Gaining International Auction Market Traction market-auction

  International auctions are increasingly showcasing Italian artists. On March 10, 2023, Salvo's 'Ottobre' (2001) was sold at Christie's New York for $75,600, while 'Notturno'…

• Cambi Casa d’Aste Reports €20.1M in First Half of 2023 market-auction

  Cambi Casa d’Aste held 55 auctions in the first half of 2023, 30 of which were online, generating a total turnover of €20,117,728. The auction house saw strong performance across…

• Johnny Depp auctions self-portrait 'Five' for mental health market-auction

  Johnny Depp is auctioning a self-portrait titled 'Five' through Castle Fine Art for 13 days until midnight August 1. The work is based on a frame from a Dior 'Sauvage' commercial…

• Moretti Fine Art opens new Paris gallery at Place du Louvre market-auction

  Italian Old Master gallery Moretti Fine Art will open a new Paris location on September 14, 2023, at 1 Place du Louvre in the 1st arrondissement. Founded in Florence in 1999 by…

• Christie’s Old Masters Sale Totals £54 Million with Sweerts and Rembrandt Records market-auction

  On July 6, 2023, Christie’s held its Old Masters Part I Sale during London’s Classic Week, achieving £54 million across 11 lots, all exceeding £1 million with few unsold. The sale…

• Rare Tudor Portrait of Queen Katherine Parr Sets Record at Sotheby's Old Masters Sale market-auction

  On July 5, 2023, a unique portrait of Queen Katherine Parr, the final spouse of Henry VIII, fetched £3.4 million at Sotheby's Evening Auction for Old Masters & 19th Century…

• Il Ponte's June 2023 Design Auction Exceeds €1.2 Million market-auction

  Il Ponte's three-day auction of 20th-century decorative arts and design, held June 28-30, 2023, achieved over €1.2 million in total sales with an 85% sell-through rate. The top…

• Artex Stock Exchange to Launch with Francis Bacon Triptych IPO market-auction

  Artex, a Liechtenstein-based company founded in 2020 by former banker Yassir Benjelloun-Touimi and Prince Wenceslaus of Liechtenstein, aims to list $1 billion in art on the stock…

• Phillips London auction results: Fontana and Baselitz top lots, but 18 works unsold market-auction

  Phillips concluded London sales week on June 30 with its 20th Century to Now auction, originally offering 116 lots but withdrawing four before the sale, including a Lucio Fontana…

• Fontana and Banksy Lead Bonhams London Auction market-auction

  On June 29, 2023, Bonhams New Bond Street in London conducted two auctions that collectively generated £8.7 million. The first auction, titled '20th Century Masters | A Private…

• Christie's London Evening Sale totals £63.8 million with Victor Man record market-auction

  Christie's 20th/21st Century: London Evening Sale on June 28, 2023, achieved £63,824,100 across 66 lots, following Sotheby's record sale of Klimt's 'Lady with a Fan' the previous…

• Italian Senate Bill Proposes Tax Cuts and Simplified Art Market Rules market-auction

  On June 28, 2023, Senator Roberto Marti, president of the Senate's Public Education and Cultural Heritage Commission, introduced a bill aimed at streamlining procedures and…

• Klimt's Lady with a Fan Fetches Record £85.3M at Sotheby's London market-auction

  On June 27, 2023, Sotheby's London evening auction achieved a remarkable total of £199 million, marking the second-highest figure in its history, following the £222 million from…

• London Auctions Spotlight Portraiture from Klimt to Cattelan market-auction

  In late June, prominent auction houses in London are emphasizing portrait art, aligning with the National Portrait Gallery's reopening on June 22 after a three-year renovation.…

• Berlusconi's TV Art Acquisitions Revealed by Telemarket Host market-auction

  In 2018, Silvio Berlusconi, the late former Italian prime minister, purchased artworks via televised auctions on Telemarket. Alessandro Orlando, the Telemarket host, recounted…