Will Dmitry Rybolovlev’s Legal Defeat Benefit the Art Market?

The highly anticipated civil fraud trial between Sotheby’s and Russian billionaire Dmitry Rybolovlev concluded after three weeks in a Manhattan district courtroom on 30th January. The jury quickly dismissed all

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Warhol and Basquiat Collaboration Painting Set to Sell for $18m at Sotheby’s in May

An upcoming highlight of the spring auction season at Sotheby’s in New York is a large canvas created as part of the high-profile collaboration between Andy Warhol and Jean-Michel Basquiat.

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Dallas collectors to auction Lucio Fontana canvas for between $20m-$30m on Art Market blog

Dallas collectors Howard and Cindy Rachofsky are selling a cadmium yellow work by Lucio Fontana at Sotheby’s New York next month, which could set a new auction record for the

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Rare Study for Winston Churchill Portrait Available for Sale

Sir Winston Churchill famously questioned artist Graham Sutherland on how he would depict him in a portrait. The resulting painting, destroyed in a fire, is now set for auction by

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Rare Leonora Carrington Painting Set to Break Surrealist Auction Record

Sotheby’s is set to break Leonora Carrington’s auction record with the offering of her masterpiece painting, “Les Distractions de Dagobert”. The painting is expected to fetch between $12m to $18m

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Four Joan Mitchell Paintings Expected to Fetch Over $50 Million in New York’s Spring Auctions

Four paintings by the pioneering Abstract Expressionist Joan Mitchell (1925-92) are set to be auctioned at Sotheby’s in New York next month, with an estimated collective value between $36m and

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Claude Monet’s Haystack Painting Could Fetch Over $30m at Sotheby’s New York – Art Market Insights

One of Claude Monet’s iconic paintings, “Meules à Giverny” (1893), will be going up for auction at Sotheby’s New York next month, coinciding with the sesquicentennial of the first Impressionist

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Sotheby’s New York Spring Auctions Kick Off with $227.9m Double-Header

New York’s spring auction season is underway, with Sotheby’s facing challenges as it strives to meet its targets. The recent evening sales fell short of expectations, but still outperformed last

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Sotheby’s achieves $198.1m in successful Modern evening sale in New York

Sotheby’s Modern evening sale surpassed expectations by achieving a robust $198.1m ($235.1m with fees) in sales on Wednesday (15 May). With only two of the 50 lots remaining unsold, the

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Understanding Sotheby’s $700 Million Art-Backed Debt Security

Art Finance companies have been making waves in the art market by utilizing art-backed loans to create investment vehicles. Sotheby’s, for example, recently announced a plan to raise $700m through

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