New Auction Records Set for Mary Pratt and Takao Tanabe at Heffel’s Spring Sales in Toronto

The spring sales at Heffel Fine Art Auction House in Toronto and Vancouver were a huge success, with a total of C$22.6m ($16.5m) and a 96% sell-through rate. The event

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Christie’s Cyberattack: Hackers Threaten to Release Client Data

The cyberattack on Christie’s website by the hacker group RansomHub has caused concern as they claim to have sensitive information on Christie’s customers worldwide. This data includes names, document numbers,

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Art Basel Paris Announces New Name Ahead of Third Edition Expansion

Art Basel Paris has announced details for its upcoming third edition, including a name change to Art Basel Paris. The fair will now take place at the Grand Palais, allowing

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2023 Ultimate Collector’s Guide: Navigating the Art Market with Confidence

The Art Market is a vibrant, ever-evolving landscape that offers both excitement and challenges to collectors, whether seasoned or new to the scene. In 2023, understanding how to navigate this

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Sotheby’s Announces Employee Layoffs in UK and Expansion of Cuts Worldwide

Sotheby’s is undergoing a restructuring process in its London office, with around 50 employees expected to be laid off. The auction house is also planning layoffs in its New York

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Massive Repatriation of €60m Worth of Italian Artefacts from the US

Over 600 pieces of art valued at €60m have been repatriated from the United States to Italy after being illegally excavated or stolen. These works, dating from the 9th century

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Bankrupt Collector James Stunt’s Lely Portraits Flop at Auction

Three 17th-century paintings by Peter Lely, formerly owned by James Stunt, went up for auction at Christie’s New York. Two went unsold, but one sold at a modest price. Stunt,

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London Art Fair with No Dealers where Artists Keep All Profits

The Artists’ Fair at Somerset House is back for its second edition, offering a unique experience where artists themselves will be selling their work and keeping all the profits. Organised

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Ace Gallery Founder Douglas Chrismas Found Guilty of Embezzlement

Los Angeles-based art dealer Douglas Chrismas was convicted last Friday of embezzling over $260,000 from his gallery’s bankruptcy estate in 2016. Founder of Ace Gallery, Chrismas has had a controversial

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UK Investment Galleries Promoting Art as Safe Haven Gain Traction

Investing in art has become a popular strategy for those looking to diversify their portfolios and potentially earn high returns. With targeted advertisements touting art as a safe haven for

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