13 November 2015


The Art Market: Polarisation Between The Anticipation And Expectation

It is a simple law of physics – but, sadly, not a view held by more optimistic economists – that growth cannot continue indefinitely. Most auction houses however rely on the illusion of continuing growth to bolster their image and maintain their selling status, with much coverage devoted to the big names with pulling power: […]

12 November 2015


Cy Twombly Blackboard Canvas Achieves Record Breaking Price At Sotheby’s

A canvas by the American Abstractionist Cy Twombly has set a $70.5 million auction record for the artist. The “blackboard” painting, Untitled (New York City), 1968, was the highpoint of the Contemporary evening sale at Sotheby’s, which also saw records smashed for artists such as Mike Kelley. The sale total totalled  $254–$313.7 million with 44 of 54 works, 82%, finding buyers.  The sales […]

8 November 2015


Picasso Blue Period Painting Achieves Record Price At Sotheby’s

A record price has been achieved for a blue period Picasso at Sotheby’s in New York. La Gommeuse, painted in Paris in 1901, sold for $67.5m (£45m) at Sotheby’s, as the highlight of their Impressionist & Modern  sale. The painting which depicts a cabaret artist, had a second painting on the reverse of the canvas showing an erotic image […]

5 November 2015


Alfred Taubman Collection Scrapes Over The Low Estimate At Sotheby’s

Sotheby’s New York started off the Autumn auction season yesterday in style by selling $377 of art once owned by billionaire and former Sotheby’s owner Alfred Taubman  There were eye watering bids from the usual suspects in America, Asia and Europe. The 77 lots included bluechip works by Picasso, Degas, Monet and Modigliani. The Taubman collection was […]

12 October 2015


Picasso’s Blue Period Angel Backed With Erotica Goes Under The Hammer

An excellent example of Picasso’s Blue Period work will be offered in Sotheby’s New York Impressionist and Modern Evening Sale on 5th November. La Gommeuse, painted in 1901 is thought to carry an estimate of around £60m. The work comes from the exceptional collection of William I. Koch, an American entrepreneur, collector and America’s Cup winner.  Picasso […]

5 October 2015


Robert Mapplethorpe’s Controversial Man in Polyester Suit To Be Auctioned

Robert Mapplethorpe’s Controversial photograph ‘Man in Polyester Suit’ is to go under the hammer at Sotheby’s for the first time since it was created in 1980. Snapped before the age of AIDS, at the peak of his abilities as a photographer. His work was beginning to attract international attention and this work was frequently exhibited during his lifetime. […]

27 September 2015


Constable’s Masterpiece The Lock To Be Offered At Sotheby’s

On 9th December this year, Sotheby’s London will offer for sale John Constable’s The Lock – one of the small group of monumental landscapes, known as the ‘Six Footers’, which for many define the pinnacle of the artist’s career. Depicting a bucolic scene on the River Stour in the artist’s native Suffolk, and painted in […]

9 September 2015


Helene Schjerfbeck: Three Realist Works To Be Offered By Sotheby’s

Helene Schjerfbeck – one of the most important and renowned artists of the entire Nordic region – was famously reticent in her lifetime, paying little interest to her public profile. Encouraged by her supporters to engage in actively promoting and exhibiting her work in her native Finland, Schjerfbeck went on to exhibit more widely in […]

5 September 2015


A. Alfred Taubman’s $500m Art Collection To Be Sold At Sotheby’s

The disgraced Collector and former owner of Sotheby’s, A. Alfred Taubman’s art collection will be sold in a series of dedicated auctions beginning this autumn in New York*. The outstanding collection, which comprises more than 500 works stretching from antiquity to contemporary art, is valued in excess of $500 million, making it the most valuable private collection ever offered at […]

4 September 2015


First Sotheby’s Now Phillips Announces eBay Partnership

eBay and Phillips have announced a new partnership that unites the world’s most vibrant online marketplace with the contemporary art and design-focused international auction house. Through eBay’s live auctions platform, online buyers will gain access to Phillips highly regarded 20th Century and Contemporary Art, Design, Photographs, Editions, and Watches and Jewelry auctions. Over the next year, Phillips will offer […]

31 August 2015


Sotheby’s To Launch Full Scale Operation In Mumbai India

Robin Woodhead, Chairman of Sotheby’s International, has announced the strategic appointments in the Company’s Indian business and the opening of an office in Mumbai, India.  Edward Gibbs has been appointed Chairman of Sotheby’s India, Middle East and North Africa and Priyanka Mathew has been appointed Regional Director, Sotheby’s India. The move demonstrates the company’s commitment to providing […]

17 August 2015


Third Made in Britain Auction Announced For Sotheby’s

The forthcoming Made in Britain auction has been announced by Sotheby’s. It is the third edition of a sale uniquely dedicated to celebrating the diversity and creativity of British art from 1900 to the present day, across Fine Art, Prints, Sculpture, Photography, Studio Ceramics, and Design. The sale encompasses almost 400 striking artworks illustrating the very significant role that […]

3 August 2015


US Overtakes China As Leading Auction Marketplace For Art

The United States has again overtaken China as the world’s leading marketplace for art at auction. After a record 2015 the US showed growth due to the sale of major works by Picasso, Giacometti, Monet and Warhol.  There was a 20 percent growth in the first six months of 2015, with sales totalling £1.79 billion $2.8 billion (2.5 […]

30 July 2015


Tim Marlow Curates Exhibition Celebrating A Decade Of Sculpture At Chatsworth

In celebration of its tenth annual exhibition of monumental outdoor sculpture at Chatsworth, Sotheby’s has invited respected art historian and commentator Tim Marlow, Artistic Director of the Royal Academy, to join forces with its specialist team in creating a stimulating and innovative show. Bringing together works by leading pioneers in the field, Beyond Limits: The […]

10 July 2015


Winnie the Pooh Sketch Goes Under The Hammer With £50k Estimate

A lost original drawing by the well known illustrator E H Shepard of Winnie-the-Pooh and Piglet standing beneath Owl’s house, staring at a watch, is to go under the hammer at Sotheby’s. The illustration is an outtake, unused in the famous series of  books. It will be offered for sale carrying an estimate of £50,000. The 90 year old […]

24 June 2015


Sotheby’s Record Breaking Impressionist And Modern Art Sale Achieves £178.6m

Sotheby’s June 2015 Evening Sale Impressionist & Modern Art sale has achieved £178.6m / $ 282.1m / €250.9m. This is the Second-Highest Total for Any Sale Ever Held In London. The sale was led by Gustav Klimt’s 1902 Portrait of Gertrud Loew Sold for £24.8m / $39.1m / € 34.8m The second highest price for a portrait by the artist at auction. A new […]

11 June 2015


Degas Iconic Little Dancer Sculpture To Be Auctioned At Sotheby’s

Petite danseuse de quatorze ans by Edgar Degas will feature in the forthcoming Impressionist & Modern Art Evening Sale at Sotheby’s in London on 24th June 2015. It is perhaps his most important sculpture. The artist’s ambitious and highly innovative work marks the pinnacle of his achievements as a sculptor, and its forthcoming sale represents a rare opportunity to acquire an icon of […]

8 June 2015


Francis Bacon: First Look At Pope Set For Sotheby’s Auction

A work from of Francis Bacon’s most famous series of paintings, of seated and often screaming popes, is to go on sale with an estimated value of £25m to £35m. When the canvas last went under the hammer in 2005, “Study for a Pope I” (1961) fetched £10 million — at the time this was […]

4 June 2015


Important Gustav Klimt Portrait To Be Auctioned At Sotheby’s London

An important Portrait by the Secessionist artist  Gustav Klimt  is to go under the hammer following a settlement between the Felsovanyi Heirs and The Klimt Foundation, Vienna.  Sotheby’s London have announced that Klimt’s understatedly beautiful portrait of Bildnis Gertrud Loew from 1902 will be offered for sale in its 24th June Impressionist & Modern Art Evening Sale. The painting (est. £12-18 million / $18.5-27.7 million / €16.8-25.3 million) depicts […]

3 June 2015


Edouard Manet’s Study For Le Bar aux Folies-Bergere Auctioned

A study of ‘Le Bar aux Folies-Bergère’, one of the best known works by the artist Edouard Manet, is to go under the hammer at Sotheby’s. The primary painting owned by the Courtauld Gallery, London is one of the most iconic subjects by the artist. This first version is offered for sale following its recent showing at The National Gallery’s ‘Inventing […]

31 May 2015


Lucian Freud Painting Gifted To Duchess ‘Debo’ For Sotheby’s Auction

The work Four Eggs on a Plate, 2002, was given to the late Dowager Duchess of Devonshire, affectionately known as “Debo”, as a gift by the painter Lucian Freud in 2004. Now, the remarkable story of an enduring friendship between two of the defining figures of our time is revealed as the painting is offered […]

25 May 2015


Picasso Ceramics Collection Of Granddaughter Marina To Be Sold At Sotheby’s

Unique ceramics by Pablo Picasso belonging to the artist’s granddaughter, Marina Picasso will go under the hammer at Sotheby’s this summer. One of the most extensive and important groups of the artist’s work in this medium, the collection offers an incomparable insight into Picasso’s work in clay and the extraordinary breadth of his creativity and versatility. The huge appeal […]

11 May 2015


Sotheby’s Reports 127 Percent Increase in First Quarter 2015

Sotheby’s, which has gone through major board changes in the last six months has reported a 127% Increase in First Quarter 2015 Adjusted Operating Income* to $22.2 Million First Quarter 2015 Adjusted Net Income* of $7.4 Million. Increase from First Quarter with a 2014 Adjusted Net Loss* of ($3.0) Million The three months ending 31 March 2015, Sotheby’s […]

5 May 2015


Georgia O’Keeffe: Will White Lily Set Another Auction Record?

In November 2014 the $15 million, or £9.5 million estimate for a Georgia O’Keeffe work was shattered after a rather intense bidding war between two rivals. ‘Jimson Weed/White Flower No 1’, a 1932 painting of a simple white flower, was finally bought by a then-unnamed buyer with a telephone bid at Sotheby’s auction house. The […]

27 April 2015


Francis Bacon Self-Portraits Resurface And Are Expected To Fetch £30m

Two Francis Bacon self-portraits not seen by the public for some time are going on public display after resurfacing in a private collection. relatives of the original collector have opted to sell the paintings, which are expected to fetch £15 million each at auction. Experts knew of the works’ existence, but did not know who […]

22 April 2015


Picasso Sculptures From The Lola Sarnoff Collection To Be Auctioned

The collection of the highly regarded sculptor and philanthropist Lolo Sarnoff will be presented over several several sales in New York and London throughout the spring. The selection of work on offer  spans important Impressionist & Modern Art, follows Sotheby’s legendary six-day, 700 lot auction in 1978 of the collection of Lolo Sarnoff’s step-father, Robert von Hirsch. Works by […]

21 April 2015


A. Alfred Taubman Former Jailed Chairman Of Sotheby’s Dies

A. Alfred Taubman, the self-made billionaire/developer of the modern shopping centre, who was jailed for commission fixing and collusion with Christie’s, when he was Chairman of Sotheby’s Auctioneers, has died in Bloomfield Hills, Michigan, age 91.  Taubman was a college dropout who built a fortune building shopping malls across America. He bought the ailing, privately held Sotheby’s Auctioneers in 1983 for $124 million […]

27 March 2015


Made in Britain Auction At Sotheby’s Creates Ten New World Records

Sotheby’s Made in Britain sale, a dedicated auction celebrating the diversity of British art from 1900 to today has created ten new records for British Artists. . Over 30,000 people attended the viewing with strong prices achieved in both the day and evening sale sessions for works by some of the leading names of post-war British Art. The sale […]

26 March 2015


Andy Warhol’s First Studio Lease Up For Auction At Sotheby’s On April 1

On April 1st a piece of art history will be available to purchase for anyone with $12,000 spare; as the lease for Andy Warhol’s very first studio at 159 East 87th Street between Lexington and Third Avenues will go under the hammer at auction at Sotheby’s New York Sale. So if you think having a […]

19 March 2015


Samuel Goldwyn Art Collection Goes Under The Hammer At Sotheby’s

Modern art masterpieces from The Samuel Goldwyn family Collection will go under the hammer at Sotheby’s, in a series of auctions beginning in May 2015. The Goldwyn’s is legendary within the film industry, many will discover in these sales that their creative vision also extended to collecting fine art. Samuel Goldwyn Sr. assembled a core […]

16 March 2015


Sotheby’s Appoints Tad Smith as President And CEO Ending Speculation

After a rocky year with investors, a near coup d’état, and lower than expected profits Sotheby’s has announced Tad Smith as the new President and Chief Executive Officer, effective March 31, 2015. He succeeds William F. Ruprecht who has served as CEO since 2000. Smith will also join the Sotheby’s Board of Directors Smith, 49, […]

16 March 2015


Sotheby’s Rembrandt To Warhol, London Print & Multiples Sale For 17 March

From Rembrandt to Warhol, is a veritable roll call of leading artists taking the stage at Sotheby’s London sale of Prints & Multiples on 17 March 2015, with estimates ranging from £3,000 upwards to £200,000. The auction opens with a particularly strong selection of Old Master prints, led by Rembrandt’s The Three Crosses, considered one […]