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• Brexit shifts European art market center from London to Paris market-auction

  Seven years after the Brexit referendum, London has lost its status as the undisputed capital of the European art market, with Paris now emerging as the new hub. This shift is…

• Phillips New York to Auction Triton Collection Masterpieces market-auction

  On November 14, 2023, Phillips New York will present 'Living the Avant-Garde: The Triton Collection Foundation,' showcasing 30 pieces from the Triton Collection, a prominent…

• Titze Collection Heads to Christie's Paris Auction market-auction

  On October 19, Christie's Paris will host an auction of the Anne and Wolfgang Titze collection, comprising 39 lots that reflect their 30-year exploration of Minimalism,…

• Christie's London Evening Sales: New Records for Salvo, Paula Rego, and Félix Vallotton market-auction

  Christie's London closed Frieze week with two evening sales: the 20th/21st Century auction and the first sale from the Sam Josefowitz collection. The 20th/21st Century session…

• Sotheby's London Auctions: Mixed Results with Record for Yiadom-Boakye market-auction

  Sotheby's London held two contemporary art auctions in October 2023. The Now auction, featuring 21 lots of ultra-contemporary works, achieved £15.5 million, exceeding the high…

• Gagosian forced to leave historic Madison Avenue gallery after Bloomberg lease deal market-auction

  Gagosian Gallery is being displaced from its longtime home at 980 Madison Avenue in New York's Upper East Side after landlord RFR Holdings, co-founded by collector Aby Rosen,…

• Little Spoon Partners with SMAKK for Updated Branding Targeting Older Children market-auction

  In October 2023, Little Spoon, a direct-to-consumer children's food company, collaborated with branding agency SMAKK to refresh its visual identity and packaging for products…

• Sotheby's Hong Kong Auctions: Mixed Results for 50th Anniversary Sales market-auction

  On October 5, 2023, Sotheby's Hong Kong celebrated its 50th anniversary in Asia with auctions that included porcelain, jewelry, art, and prehistoric items. The outcomes varied,…

• Lucio Fontana's Rare White 'La fine di Dio' Heads to Sotheby's New York market-auction

  A rare white version of Lucio Fontana's 'Concetto spaziale, La fine di Dio' (1963) will be auctioned at Sotheby's New York on November 15, 2023, with an estimate of $18-22…

• Christie's Cézanne auction faces Nazi-era provenance questions market-auction

  Christie's is facing renewed scrutiny over the provenance of three Paul Cézanne masterpieces consigned by the Langmatt Museum in Baden, Switzerland, for its 20th Century Evening…

• Francis Bacon's Figure in Movement Heads to Christie's New York with $50M Estimate market-auction

  Christie's 20th Century Evening Sale on November 9, 2023 at Rockefeller Center in New York will feature Francis Bacon's Figure in Movement, estimated at $50 million. Painted in…

• Raphael Drawing for Vatican Stanze Discovered, Heads to Auction market-auction

  A rediscovered drawing by Raphael, a preparatory study for the Battle of the Milvian Bridge in the Vatican's Sala di Costantino, will be auctioned by Dorotheum in Vienna on…

• 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…