4 June 2015

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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 […]

13 February 2015

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Global Art-marketing: Where The Crowned Kings Of Auctioneering Find Their Sovereignty

In my best Sam the Eagle voice: “Sales is vanity, profit is sanity”. Splashed all over the art newspapers this week were the impressive sales figures of Christie’s Surrealism auction, where lots sold for a combined total of £147m, (Write it in full: £147,031,000.00 – oooh look how titillatingly long that is!), with Miró’s ‘Women, […]

12 February 2015

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Gerhard Richter Record Price For Europe’s Top Living Artist At Sotheby’s

Last evening’s Sotheby’s sale of Contemporary Art in Europe was led by Gerhard Richter’s Abstraktes Bild which established a new record for the artist, selling for £30.4 million / $46.3 million / €41 million (with an estimate of £14 to 20 million), a new benchmark for any European living artist. The painting was created in […]

30 January 2015

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Misattributed John Constable Purchased for £3,500 At Christie’s Sells At Sotheby’s For £3.4m

We reported on the 9 January that a painting by John Constable misattributed and sold for a fraction of its actual value at Christie’s was up for sale again at Sotheby’s New York. Now it has been confirmed that the picture, bought for £3,500 just 18 months ago has sold at auction in New York […]

26 January 2015

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Claude Monet’s ‘L’Embarcadère’ Up For Auction At Sotheby’s London

Claude Monet’s acclaimed work ‘L’Embarcadère’, 1871, is to be offered at Sotheby’s forthcoming London Impressionist & Modern Art Evening Sale on 3 February 2015. The Dutch landscape by Claude Monet is appearing on the market for the first time in a quarter of a century. The painting has been internationally exhibited at institutions such as […]

22 January 2015

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Francis Bacon Rare Double Self-Portrait For Sotheby’s Auction

Sotheby’s London will offer Francis Bacon’s hugely rare Two Studies for Self-Portrait 1977, which is estimated to sell for £13 to £18 million, one of only three self-portraits in this dual format to have been painted by the artist. Bacon’s (1909-1992) haunting self-portraits have become inseparable from how we remember the turbulent life of one […]

21 January 2015

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Rauschenberg And Fontana Highlights Of Sotheby’s Auction Of Hoglund Collection

Sotheby’s contemporary evening sale in London on February 10 will feature works by artists like Lucio Fontana, Robert Rauschenberg and Jean Tinguely. The works up for auction are from the Hoglunch collection, that started in Sweden’s midcentury cultural heyday. Beginning January 21, in New York, Sotheby’s will preview these and other works from its upcoming […]

17 January 2015

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Caravaggio Misattribution Lawsuit: Court Clears Sotheby’s Of Professional Negligence

The court case involving a painting by the Italian baroque master Caravaggio, which Sotheby’s sold for a fraction of its value has been dismissed by a judge in London. The painting was sold in 2006 fro £42,000 and is thought to be worth around £10m. The Former owner Bill Thwaytes, of Penrith in Cumbria, had […]

16 January 2015

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Rare Louis Grandchamp Des Raux Collection For Auction At Sotheby’s

The Louis Grandchamp des Raux collection of French 17th and 18th century paintings is to go under the hammer at Sotheby’s Paris, Art Daily reports. The sale is the most significant collection of paintings from the period to hit the auction block in two decades – according to the auction house. The collection amounting to […]

14 January 2015

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Joshua Holdeman Joins Sotheby’s As Photographs and Prints Head

Sotheby’s has announced the appointment of Joshua Holdeman as Worldwide Head of 20th Century Design, Photographs and Prints. Mr. Holdeman joined Sotheby’s earlier this year as Vice Chairman, Americas and his newly-appointed role is effective immediately. “The categories of 20th Century Design, Photographs and Prints have tremendous growth potential in today’s ever-expanding market of all […]

9 January 2015

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Sotheby’s To Offer Claude Monet Work Estimated At £20-30 Million

An exceptionally rare and important view of Venice by Claude Monet, Le Grand Canal of 1908, will lead Sotheby’s forthcoming London Impressionist & Modern Art Evening Sale on 3rd February 2015 estimated at £20 to 30 million ($30.6 to 45.9 million or €25.6 to 38.3 million). Helena Newman, Sotheby’s Co-Head, Impressionist & Modern Art Worldwide, […]

23 December 2014

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Sotheby’s Achieves Record Year With Women The Unexpected Power Players

Sotheby’s has seen a notably intensified focus on the emergence of female power players in the art market in 2014. There was a surge in appreciation for and reappraisal of works by female artists. Landmark prices were achieved for works by female masters through the ages: Establishing a record price for a female artist, Georgia […]

17 December 2014

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Sotheby’s Sets New World Record With Photography Auction

“175 Masterworks To Celebrate 175 Years of Photography: Property from Joy of Giving Something Foundation” auction held at Sotheby’s New York on December 11th and 12th, broke the world record for a photography auction. The sale was drawn from a collection gathered by the late American financier Howard Stein. The auction grossed the grand sum […]

4 December 2014

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Turner Masterpiece Sells For £30.3 million At Sotheby’s London Auction

Last night, at Sotheby’s London, one of the last great Turner masterpieces remaining in private hands set a world auction record for the artist*, selling for a staggering £30.3 million/ $47.4 million/ €38.6 million (est. £15-20m / $24.1-32.1m / €19-25.3m). This result also represents the highest price at auction for any pre-20th century British artist […]

2 December 2014

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Privately Owned Turner Masterpiece Under The Hammer At Sotheby’s

Sotheby’s London 3rd December 2014 Evening sale of ‘Old Master & British Paintings’ is set to be a major highlight of the international auction’s winter season. The sale is being lead by J.M.W. Turner’s Rome, from Mount Aventine, one of the last great masterpieces of British art left in private hands and one of the […]

1 December 2014

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Felix Dennis Collection By Deviant Artist Eric Gill To Be Auctioned

The estate of the legendary British editor of Oz Magazine Felix Dennis, who died in June 2014, is to auction his vast collection of work by the controversial British artist Eric Gill. Reflecting on the artist and designer Dennis once said; “He may have led a reprehensible private life, (in truth, there is no ‘may’ […]

25 November 2014

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Henri Matisse Portrait Of Famous Muse Could Fetch £12 Million At Sotheby’s

An exquisite portrait by Henri Matisse depicting Princess Nézy-Hamidé Chawkat, the great granddaughter of the last Sultan of Turkey, Odalisque au fauteuil noir will be on offer at Sotheby’s London sale of Impressionist & Modern Art. The work dated 1942 and estimated at £9-12 million is one of Matisse’s finest paintings from his famed ‘Odalisque’ […]

22 November 2014

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Georgia O’Keeffe $44.4m Painting Sets New Record Price For A Female Artist At Sotheby’s

The $15 million or £9.5 million estimate for Georgia O’Keeffe’s 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 after the flurry by an unnamed buyer with a telephone bid at Sotheby’s auction house. The floral […]

20 November 2014

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Rediscovered Epic Masterpiece By Makovsky Up For Auction At Sotheby’s

This November, Sotheby’s Russian Art auctions will commence with Konstantin Makovsky’s last great masterpiece: a monumental six-metre canvas which celebrates the life of Russia’s legendary hero Ivan Susanin. Susanin is credited with saving the life of the young Mikhail Romanov in 1612, founder of the Romanov dynasty.The substantial work has not been seen on public […]