7 November 2013

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Sotheby’s Achieves Second Highest Results For Impressionist and Modern Sale

An Impressionist and Modern art sale at Sotheby’s in New York has raised more than $290m (£180m) This is the second highest result for the auction house, following the sale last year (2012) of Munch’s ‘The Scream’ which set a world auction record for any work of art, realising $119.9 million. The highest prices achieved […]

4 October 2013

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Andy Warhol’s Silver Car Crash Goes Under The Hammer At Sotheby’s

Sotheby’s is auctioning the seminal Silver Car Crash (Double Disaster) by Andy Warhol as the outstanding highlight of their New York contemporary auction season. At over 8 ft. by 13 ft., the monumental painting is one of only four Car Crash works of this scale in the pivotal Death and Disaster series and the only […]

3 October 2013

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Can Anyone Blame Dan Loeb For Speaking Out About Sotheby’s?

The Billionaire hedge fund manager Dan Loeb has spoken out about Sotheby’s lack of vision and has called for the resignation of William Ruprecht, chairman, president and CEO of the auction house, which was founded in 1744. Expressing a shortfall in leadership, excessive pay and perks, and the fact that rival Christie’s has outperformed the […]

22 September 2013

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Norman Rockwell Masterpieces From The Stuart Collection Auctioned At Sotheby’s

Sotheby’s has announced a major addition to their highly lucrative  American Art auction in New York on 4 December 2013. They will be offering some of the most important original paintings by Norman Rockwell from the family of Kenneth J. Stuart Sr., the artist’s longtime friend and art editor at the Saturday Evening Post. The […]

12 September 2013

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Tracey Emin Donates £40k Neon Art For Cancer Charity

40 leading artists from around the globe have pledged their support for those who are living through the challenges of cancer treatment by donating works, many created especially for the occasion, for a sale at Sotheby’s in aid of The Mimi Foundation. This ground- breaking charity was founded in 2004 by Myriam Ullens, one of […]

9 September 2013

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Designers Jonathan Ive and Marc Newson Join Bono For Sotheby’s Charity Auction

Two of the world’s foremost design pioneers, Sir Jonathan Ive, KBE, and Marc Newson, CBE, have collaborated with musician and philanthropist Bono to organise a (RED) Auction celebrating the very best of design and innovation. Jony and Marc have spent the past year and a half curating the collection, which comprises objects from disciplines as […]

28 August 2013

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British Art Exhibition Curated by Legendary 1960s Gallerist Kasmin Unveiled

Sotheby’s will stage ‘The New Situation’: Art in London in the Sixties, a collaboration between Sotheby’s Modern & Post-War British Art specialists and the legendary gallerist Kasmin – the man who gave David Hockney, among others, his first break fifty years ago. Presenting a group of works that recapture the energy and innovative spirit of […]

9 August 2013

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Sotheby’s Reports Strong Sales In Half Year Financial Results

Sotheby’s (NYSE: BID 6 August 2013) has reported their financial results for the second quarter and first half ended June 30, 2013. The company has generated a net income of $91.7 Million. Second quarter total revenues of $304.8 million and first half total revenues of $406.6 million in 2013, which essentially match both periods in […]

2 August 2013

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Kelly Clarkson Obstructed From Exporting Rare Jane Austen Ring

A beautiful yet simple gold and turquoise ring, one of only three pieces of jewellery in existence that is known to have belonged to Jane Austen (1775 – 1817), has had a temporary export bar placed on it to provide a last chance to raise the £152,450 needed to keep it in the UK. It […]

28 July 2013

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Chatsworth House Stages Two Exciting Contemporary Art and Design Exhibitions

The historic stately home Chatsworth House in Derbyshire is staging two exciting new exhibitions this autumn. ‘Beyond Limits’ a large scale sculpture exhibition and ‘Modern Makers’, an exhibition of work by artists who either feature in the Devonshire’s collection of contemporary applied arts, or whose work, in material, technique, subject matter or function, corresponds with […]

24 July 2013

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Contemporary Art from the United Arab Emirates Opens At Sotheby’s

Sotheby’s London has opened an exhibition in its New Bond Street galleries which is the first-ever group exhibition comprising 12 works by important established and also emerging artists from the United Arab Emirates curated by Abu Dhabi Music & Arts Foundation (ADMAF). ‘Three Generations’ is held under the patronage of His Highness Sheikh Hamdan bin […]

15 July 2013

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Sotheby’s Exhibition of Japanese Erotic Prints Gets 18 Plus Rating

Following the success of the two contemporary ink art exhibitions in June, Sotheby’s Hong Kong is excited to bring to Asia yet another unprecedented exhibition.  Taking place from 18 to 31 July at Sotheby’s Hong Kong Gallery, Beyond The Paper Screen –  An Exhibition of Japanese Erotic Prints from The Uragami Collection will feature more […]

12 July 2013

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Ben Nicholson Achieves Record Price For Painting At Sotheby’s

A painting by the late British artist Ben Nicholson, (Mycenae-axe-blue), has sold for £1,082,500.  It was a highlight at the auction and the first time, the painting has been on the market for decades. It was previously featured in the Tate’s celebrated 1964 exhibition Painting & Sculpture of a Decade, 54-64. This important abstract work […]

11 July 2013

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Dante Gabriel Rossetti’s Proserpine Goes Under The Hammer At Sothebys

Sotheby’s is to offer an iconic Pre-Raphaelite masterpiece by Dante Gabriel Rossetti in their 19 November 2013 London sale of British & Irish Art. The version of Proserpine, in coloured chalks is one of the most internationally recognisable images of the nineteenth century. Proserpine by Dante Gabriel Rossetti (1828-1882) has come to represent the artist […]

4 July 2013

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El Greco Masterpiece Is Top Seller In Sotheby’s £35m Auction

Old Masters have set new record prices  in an unprecedented bidding war at Sotheby’s yesterday. Two El Grecos offered in the sale  marked the first time two masterpieces, by the artist were offered in the same auction. Saint Dominic in Prayer, £9,154,500 (est: £3.5-5m) set a record for a painting by a Spanish artist and […]

2 July 2013

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Monumental Ben Nicholson Painting Leads Sotheby’s Summer Post-War British Art Sale

A monumental painting by British artist  Ben Nicholson’s will lead Sotheby’s  Evening Sale of Modern & Post-War British Art on 11th July 2013. The canvas (Mycenae-axe-blue) was a highlight of the Tate’s celebrated 1964 exhibition Painting & Sculpture of a Decade, 54-64, this magisterial abstract work is on the scale of his Festival of Britain […]

6 May 2013

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Jean-Michel Basquiat Masterpieces On Sale In Sotheby’s Selling Exhibition

Sotheby’s is presenting a major selling exhibition of works by Jean-Michel Basquiat. Featuring over 30 works, the exhibition showcases several seminal pieces in a variety of mediums and from a range of important dates in the artist’s oeuvre. The carefully curated grouping explores the key themes Basquiat grappled with during his career and the variety […]

5 May 2013

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Is This Painting By Barnett Newman Really Worth $30-40 Million?

A painting by the seminal American Abstract Expressionist painter Barnett Newman goes under the hammer at Sotheby’s Contemporary Art Evening Sale on 14 May 2013 in New York. The painting is considered one the most important painting produced by Newman ever to appear at auction. Onement VI from 1953 stands as a masterwork not only […]

4 May 2013

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Marina Picasso To Auction Two Picasso Masterpieces For Children’s Charity

Marina Picasso is to sell two paintings by Picasso from her personal collection at Sotheby’s Impressionist & Modern Art Sale in Paris on June 6. The sale will be held to profit the noble causes supported by Marina Picasso – specifically to benefit children and adolescents in difficulty – in line with the numerous acts […]

5 April 2013

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Madonna Donates $6m Fernand Leger Painting To Education Charity

The singer Madonna has donated a 1921 Cubist masterpiece by the French painter Fernand Leger to a charity in support of education for girls in Afghanistan and Pakistan. The painting “Trois femmes a la table rouge,” which carries an estimate of $5-7 million, will go on sale at Sotheby’s in New York on 7 May. […]

2 April 2013

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Gerhard Richter’s Monumental Domplatz Painting Auctioned At Sotheby’s

Sotheby’s will auction a 20th century masterwork by Gerhard Richter on 14 May 2013 as one of the highlights of the spring Contemporary Art Evening Auction. The painting titled, “Domplatz, Mailand” which carries an estimate of $30/40 million was a commission work executed for the electronics giant Siemens Elettra. The Brief was to produce a […]

13 March 2013

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Damien Hirst Fakes: Miami Pastor Accused of Art Fraud

Kevin Sutherland, the Paster of a Miami based church was charged with art fraud, last week, in a New York State Supreme Court in Manhattan. He pleaded not guilty to one single count of second degree attempted larceny. The announcement came from the office of Manhattan District Attorney Cyrus R. Vance, Jr. who recorded that […]

13 February 2013

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Is China Still The Global Market Leader For Art Sales?

We reported a year ago that the global art market had recovered from the financial crisis with both confidence and prices continuing to rise. The main growth centres were the Asian market, particularly Beijing and Hong Kong. As we come up to the release of figures in March for the 2012 period, we have to […]

6 February 2013

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Picasso Potboiler: Marie Therese Portrait Sells For £28m In London

A portrait by Picasso’s of Marie-Therese Walter, has been sold at Sotheby’s London for £28.6m. Painted in 1932 the work titled, “Femme Assise Pres d’une Fenetre” (Woman Sitting Near a Window), was considered by Sotheby’s to be a highlight in Tuesday night’s auction.Picasso was 45 years old when he met his young mistress by chance […]

3 February 2013

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London Art Auctions Forecast Half Billion Sales In February

Over half a billion in Art goes under the hammer in London this month with the launch of Christies, Sothebys and Phillips February Impressionist/Modern and Contemporary Art Evening Sales. Christies features exceptional works by artists such as Amedeo Modigliani, Pablo Picasso, Wassily Kandinsky, Henri Matisse, Maurice de Vlaminck and Pierre-Auguste Renoir to name just a […]

13 December 2012

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Mick Jagger Billet-Doux To Marsha Hunt Breaks Rolling Stones Auction Record

A series of letters posted by the lead singer of the Rolling Stones, Mick Jagger to his secret lover in the summer of 1969 has sold for a record  £187,250  at a London auction on Wednesday. This nearly doubled the pre-sale estimate of the lot. They were purchased by a private collector over the telephone […]

12 November 2012

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The Art Market: Unregulated Unscrupulous And Worth Billions

“Apart from drugs, art is the biggest unregulated market in the world;” declared art critic Robert Hughes at the start of his 2008 documentary Mona Lisa’s Curse. In an opinion piece for the New York Times, former Wall Street banker William Cohan described the art market as “utterly unregulated” and “a very dangerous place, populated […]

6 October 2012

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Original Sgt Pepper’s Peter Blake Collage On Sale At Sotheby’s

Sotheby’s London are offering an original collage created by the Pop artist Sir Peter Blake in their 13th November sale. The work of art is familiar to millions of music fans around the world. It is the original 1967 insert for The Beatles’ legendary Sgt Pepper’s Lonely Hearts Club Band, one of the best-selling albums […]

7 September 2012

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Sculptor Barry Flanagan Features At Chatsworth House Sotheby’s Exhibition

This years Chatsworth House exhibition mounted by auctioneer’s Sotheby’s will feature several works by the iconic British sculptor Barry Flanagan. The annual selling exhibition of monumental sculpture, ‘Beyond Limits’, staged in the historic grounds of this stately home, will be on view from 7th September to 28th October 2012. Now in its seventh year, for […]

6 September 2012

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Tapping Into The Autumn 2012 Auction Pipeline – ArtLyst Preview

The art market has continued to grow at rates far above other investment sectors. This has created a lucrative return for the major auction houses, Christie’s, Sotheby’s, Bonham’s and Phillips de Pury. Not only has the contemporary art market continued to remain buoyant, in the face of global financial crisis, but some works have actually […]

19 July 2012

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Christie’s And Sotheby’s Report Record Half Year Figures

In the first half of 2012 leading auction houses Christie’s and Sotheby’s show conflicting views on the state of the market.  Despite the record-breaking sale of Munch’s “The Scream” Sotheby’s is posting a 15.8% decrease in sales from the similar period last year.  Christie’s, however, is boasting an 11.2% increase. For Christie’s, this first-half has […]

1 July 2012

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Contemporary Art Auctions A Case For Recession Proof Investment

As the Summer auction and fair season winds up and galleries mount their group shows, a mainstay of the art calendar Jack Castle takes a look at the staggering results from three of the major sales rooms. The very special place in art history and unique nature of works such as the Francis Bacon, Study […]