Tag: Auctions
Sotheby’s London Modern and Contemporary Sale Raises £83.6m: Is the Summer Auction Season Ending?
London’s summer auction week started with Sotheby’s Modern and contemporary evening sale. The season’s relevance in the global auction calendar has been overshadowed by larger sales in March and October.
DetailRare Titian masterpiece ‘The Rest on the Flight into Egypt’ up for auction at Christie’s.
The Longleat Titian, also known as “The Rest on the Flight into Egypt,” by the Venetian master Titian, is set to be auctioned at Christie’s. This exquisite early painting was
DetailJordaens Painting to be Sold Following Settlement with Heirs of Jewish Bank Shareholders
An oil portrait by Jacques Jordaens depicting a young woman is set to be auctioned in London today. The painting, titled “Head Study of a Young Woman,” carries an estimated
DetailLondon Evening Sales Offer Bargains, But No Fireworks
The international art market is currently experiencing uncertainty due to geopolitical concerns. The recent Old Master evening auctions at Sotheby’s and Christie’s in London reflected this nervous atmosphere. Christie’s auction
DetailChristie’s First Half Auction Sales Drop 22% to $2.1B
The art market has shown signs of resilience despite challenges, as seen in Christie’s first half results for 2024. The auction house generated $2.1bn in revenue, a decrease from previous
DetailAbu Dhabi Sovereign Wealth Fund to Acquire Stake in Sotheby’s
Abu Dhabi’s sovereign wealth fund, ADQ, has secured a deal with Sotheby’s owner, French-Israeli telecoms tycoon Patrick Drahi, for a minority stake in the auction house. The transaction is set
DetailMonet’s $25m Water Lily Painting to Hit Auction Block in Hong Kong
Christie’s Hong Kong will hold its inaugural sale on 26 September at its new Asia-Pacific headquarters in The Henderson building, featuring a rare Claude Monet painting of his iconic Nymphéas
DetailHow Global Turmoil and Rising Taxes are Shaping the Future of the Art Market
Pretty much everyone in the global art market agrees that the industry is experiencing a decline. The big question now is whether this downturn is a temporary phase or a
DetailNavigating Uncertainty: Predictions for the Art Market Ahead.
Sotheby’s and Christie’s, two major auction houses, have reported significant drops in sales and earnings in the first half of 2024. This comes as no surprise to the art market,
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