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 […]

13 February 2015

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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

/

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 […]

13 November 2014

/

Early Bird’s Eye Landscape Up For Auction At Sotheby’s Old Masters Sale

Sotheby’s London will offer the earliest known bird’s-eye view painting of a British garden for $950,000 or £600,000 at its sale of Old Masters on December 3rd. The work was painted sometime around 1665,and is a large-scale topographical view of Llanerch Park, Denbighshire; which is considered to be an extremely important historical document. The painting […]

11 November 2014

/

Sotheby’s Bunny Mellon Auction Sells Out With £100 Million Haul

Sotheby’s placed under the hammer the prestigious collection of Rachel “Bunny” Mellon on Monday night, the auction houses experts called the collection – of modern and contemporary works that spanned 400 years -“one of the last great private American collections formed in the 20th century.” On its completetion the auction made over £100 million, exceeding […]

10 November 2014

/

Leading Artists In Sotheby’s Charity Auction For Elton John AIDS Foundation

A large number of leading contemporary artists have very generously donated no less than 12 artworks, all of which will be auctioned off at Sotheby’s to benefit the Elton John AIDS Foundation (EJAF). The participating artists are Allora & Calzadilla, Martin Creed, Olafur Eliasson, Jeff Elrod, Urs Fischer, Jonathan Horowitz, William Kentridge, Joel Meyerowitz, Rob […]

6 November 2014

/

Chinese Film Mogul Purchases Van Gogh’s Masterpiece For £39m

Wang Zhongjun, the chairman of Huayi Brothers film studio in China has purchased Van Gogh’s painting “Still Life, Vase with Daisies and Poppies”, at Sotheby’s New York, Tuesday for £39m $61.8m. Zhongjun is one of China’s wealthiest men. A spokesperson for the Huayi Brothers have not commented on the sale however,last year Jianlin’s Wanda Group […]

28 October 2014

/

Sotheby’s And Christie’s In Egon Schiele Restitution Roulette

On November 5th, Christie’s is auctioning a 1910 Schiele watercolor ‘Town on the Blue River’. The auction house is doing this in conjunction with a restitution agreement that views the work as looted art, and will provide compensation to Grünbaum’s heirs. Sotheby’s, is offering a 1917 goauche and crayon on paper, ‘Seated Woman With Bent […]

27 October 2014

/

Sotheby’s In High Court Over Alleged Misattribution Of Caravaggio

A highly contentious dispute has some of the world’s most prominent Caravaggio experts lining up to take sides in high court; due to an argument over a painting bought for £140 some five decades ago. Sotheby’s is being sued over claims that the auctioneer misattributed a work titled ‘The Cardsharps’ to a follower of Caravaggio […]

20 October 2014

/

Trio Of Monets Could Exceed £40 Million At Sotheby’s

Sotheby’s upcoming November Impressionist and modern art sale–has unveiled three major works by Claude Monet – all from the same private American collection – these works will be offered in New York on November 4 and could take over £40 million combined. The paintings pre-date the artist’s famous waterlily series, and are from the 1880s […]

18 October 2014

/

Manzoni Highest Price Of Frieze Week

At Sotheby’s London, eight bidders drove Piero Manzoni’s monumental Achrome well beyond pre-sale expectations to £12,626,500 or €15,872,822 – the estimate was between 5 to 7 million pounds. This establishes the highest price across all the Frieze auctions this week. The work by Manzoni was the top lot in an evening sale where collectors battled […]

17 October 2014

/

Fabien Baron’s Frozen Monuments Displayed At Sotheby’s

Sotheby’s London has opened an exhibition of Fabien Baron’s portfolio of photographs taken in the frozen landscapes of Greenland. This exhibition is yet another part Frieze Week. The project, entitled Monuments, represents a collaboration between maison Moncler and the photographic brand Leica, which has resulted in a “Moncler Edition” of the new fast-lensed Leica X […]

13 October 2014

/

Giacometti And Rothko On View At £500 Million Sotheby’s Show

Alberto Giacometti’s painted bronze ‘Chariot’, which was one of six that the Swiss artist created in the 1950s, is expected to sell for more than £60 million when it goes under the hammer at a Sotheby’s auction in New York next month. The work of art is a sculpture of a goddess riding a chariot, […]