Sotheby’s has been sold to the French/Israeli Media Tycoon Patrick Drahi for $3.7 Billion, taking the second largest Auction House in the world from public ownership to private.
Art Basel closed the doors on the 2019 edition reporting buoyant sales to private collectors and public institutions by galleries across all market sector. The fair attracted buyers from over 80 countries and an overall attendance of 93,000.
Each year during Art Basel in Switzerland, UBS publishes its annual art market report. The document has become one of the most essential barometers in the art world.
Christies Postwar and Contemporary Sale in New York has realised a total of $538,971,750 / £418,131,691 million, reaching their revised presale estimates after the withdrawal of two key works of art.
Sotheby’s New York has broken yet another record for the Impressionist artist Claude Monet. The painting titled Meules (Haystacks) from 1890 sold for $110.7 million.
The opening day of this year’s Frieze New York, which featured galleries from 26 countries was a roaring success following last year’s scorching fiasco
20 April 2019
Christie’s NY is to offer a rare Amedeo Modigliani’s limestone sculpture, Tête, carved circa 1911-1912, in its New York Evening Sale of Impressionist and Modern Art, On May 13.
There is no doubt Hong Kong is becoming one of the leading destinations for art lovers, collectors, curators and art professionals in general.
Grayson Perry has donated a work of art to raise funds for the leading HIV and sexual health charity Terrence Higgins Trust.
4 April 2019
The Hiscox online art trade report 2019 was released this week and besides revealing some very discouraging growth figures it has explored the indeterminate world of Instagram as part of their analysis.
Francis Bacon’s $20-30m ‘Screaming Pope’ Study for a Head is to go under the hammer at Sotheby’s, in May. It is one of the most iconic works by the artist remaining in private hands
High-end art, antiquities, and antiques have become more and more attractive to money launders says, Peter D. Hardy a partner at Ballard Spahr, writing for The National Law Review, in an in-depth article published today.
Post War and Contemporary Art at Christie’s London saw 41 lots finding buyers with three unsold and if not a record price for David Hockney’s Henry Geldzahler and Christopher Scott (1969), a solid over the estimated sale price £33 million ($43.4 million)
A long lost painting attributed to Caravaggio which languished in a chateau attic in France for over 100 years is touring art market capitals and then going under the hammer at La Halle aux Grains in Toulouse, in June.
Artsy the art selling platform has been hacked along with 620 million accounts
7 February 2019
Marina Abramović, the iconic performance artist, presents her latest performance: The Life in Mixed Reality (a wearable augmented reality experience).
A Major Art Collection including works by Barbara Hepworth and Keith Vaughan is to be sold on behalf of Hertfordshire County Council to fund much-stretched services but should this be happening at all? And will they squander the funds raised on everything but enriching the art community in the area?
29 January 2019
James Turrell has voluntarily shut his popular Skyspace installation at MoMA due to scaffolding from a nearby construction site overshadowed the delicate viewing chamber.
Arts Council England has published the 2017/18 Cultural Gifts Scheme and Acceptance in Lieu annual report which shows that in the last year, 42 cases
10 December 2018
Art Basel’s 17th edition in Miami Beach concluded with strong and consistent sales across all levels of the market.
Much has been written recently about the problems of the mid-level gallery, and indeed the roll-call of spaces that have closed in the last three years makes grim reading. While the biggest dealers – such as Zwirner, Gagosian or Hauser & Wirth – continue to extend their global empires, smaller players are struggling. Low foot-fall […]
We reported 0n 30th October that the Ben Uri Gallery trustees had decided to de-access around 700 artworks, in order to fund wider plans to include immigrant and refugee artists from all global backgrounds.
20 November 2018
It’s been a week of record-breaking sales for the two leading auction houses Christie’s and Sotheby’s recording billion dollar sales totals and record-breaking prices for artists living and deceased.
Paris Photo, the well established fair dedicated to the photographic medium, closed the doors to its 22nd edition on Sunday 11 November
As one of the participants in the globe-trotting EMPIRE 2 project, exhibiting the moving image on a world tour, I came to Paris for the project’s opening at Le100Ecs, an artist centre at 100 Rue de Charenton.
Christie’s NY will be offering a large Richard Diebenkorn, Ocean Park series painting from 1985 on November 15.
13 October 2018
An iconic secondary market Banksy mural that was hacked off of a wall in London is to go under the hammer at Julien’s Auctions in LA.
8 October 2018
Jeff Koons Cracked Egg (Blue) a large two-part stainless steel sculpture from the Celebration Series, which began with Balloon Dog in 1994, is the first of five versions, each one rendered in a vivid colour.
Two works by Grenfell victim Khadija Saye are to go under the hammer today at Christie’s
I’m what you could call a seasoned Frieze regular. I may have missed the first London fair but I was soon sucked into the great black hole of mega-international art fairs and beamed myself out beyond London to Art Basel and Art Basel Miami Beach, not to mention the first Frieze in New York. Galleries […]
23 September 2018
Sotheby’s, London, have sold the collection of Damien Hirst’s business manager, mentor and ‘partner in crime’, Frank Dunphy for a total of £10,088,125 million
17 September 2018
Edward Hopper’s Chop Suey, 1929, one of the most important works by the artist, still in private hands, is to controversially go under the hammer at Christie’s NY