Browsing Category
Art Market
Hauser & Wirth See Massive Profit Drop In The UK, Revenues Halved
Mega gallery Hauser & Wirth witnessed a massive 87 percent decline in its gross profits in the UK market in 2024, a recent report revealed.
As per a report by Financial Times, the revenues filings by Hauser & Wirth revealed that…
Auction Houses Total $136M At Hong Kong Auctions
Christie’s, Sotheby’s, and Phillips saw a cautious Hong Kong market where their combined sales brought in $136.3 million.
Over the weekend, the big three auction houses held their own sales in Hong Kong, considered the hottest art hub of…
Phillips To Auction Triceratops Skeleton Est. At $3.5M
In November, Phillips will be auctioning a juvenile Triceratops skeleton that could fetch up to $3.5 million.
Named "Cera", the skeleton is the first full Triceratops discovered, retaining more than two-thirds of its skeleton. It was…
Sotheby’s To Host Most Expensive Art Exhibition At Abu Dhabi
Next month, Sotheby's will be hosting the most expensive exhibition of Middle East at Abu Dhabi, with artworks valued at $150 million.
Scheduled for October 1 and 2, it will also be the first fine art exhibition by Sotheby's in the UAE.…
Pauline Karpidas Sale At Sotheby’s Goes Beyond Estimates, Brings $100M
The Pauline Karpidas auction at Sotheby's fetched $100 million with a 'white glove' status - far beyond initial expectations.
On Wednesday night, Sotheby's hosted an auction of 55 items from the collection of Pauline Karpidas. Wife of…
Lost Rubens Painting Of Christ Discovered In Paris
A 1613 painting of Christ by Peter Paul Rubens was discovered in Paris and now heads to auction.
The painting was discovered last year in a mansion in the south of Paris by auctioneer Jean-Pierre Osenat, who had bought the property to…
Bacon Work From Elaine Wynn Collection Heads To LACMA
Christie’s secured 20 works from late Elaine Wynn’s collection, while LACMA got the $142 million Francis Bacon work.
Elain Wynn was a business magnate and a top art collector (alongside her former husband Steve Wynn). Following her…
Christie’s Reportedly Shutters Digital Art Department
Reports suggest that just a few years after the NFT boom, Christie’s plans to close its digital art department.
The news was first reported by Now Media on Monday, suggesting that the digital art department at the auction house is…
1MDB Confiscated Basquiat, Picasso Auctioned For $36M
Four works previously confiscated in relation to the 1MDB scandal, including two Basquiat works, were auctioned online for $36 million.
The collage Red Man One (1982) by Jean-Michael Basquiat brought the bulk of the revenues for the…
Mugshots And Blunts: Snoop Dogg Collection Is An Auction Hit
A collection of artworks by the American rapper Snoop Dogg, prominently featuring smoked blunts, sold for $148,100.
Titled "Ashes to Art", the collection was all about works made by artist Snoop Dogg himself. Each work was sort of a…