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Art Market
Court dismisses $17M lawsuit against Phillips
A Rudolf Stingel painting made headlines has a matter of legal tussle between Phillips, one of the most notable auction houses in the world, and the painting’s consignor. The suit was filed by Joseph Nahmad in the New York district court.…
The Tale of Inigo Philbrick and His Lawsuits
Infamous art dealer Inigo Philbrick saw his assets being frozen by a British court last week. This was just one of the many troubles he is caught in right now. But what exactly is the entire matter?
The recent lawsuit was filed by…
KAWS Mania marks the $108.1 M 20th Century sale at Phillips
The 20th Century and Contemporary art auction at Phillips concluded on Thursday on quite a great note. Closely following the success at Christie’s auction, the auction at Phillips managed to score an impressive $108.1 million. Compared to…
Postwar auction at Christie’s fetch $325.4M, Ed Ruscha goes for $52.5M
The Postwar and Contemporary art auction at Christie’s on Tuesday was a success by all means. With a tally of $325.3 million, the event at Rockefeller Center saw some great deals and personal records for many artists. The highest sale stood…
Christie’s NY auction clocks $193.9M, highest sale at $19.6M
The winter-opening sale of Christie’s in New York performed modestly on Monday. Focusing on Impressionist and Modern arts, the sale clocked a total $191.9 million in sales. However, excluding the buyer’s premium, the actual sale was of $162…
Banksy Sets Another Record As Vinyl Cover Sells For $10k
Street artist Banksy has somewhat reached the status of a rockstar in the art world. Just a month ago he hit the headlines when his painting Devolved Parliament became the highest-selling work at a Sotheby’s London auction. Now, he set a…
Gagosian Gallery will sell Cindy Sherman, Catherine Opie Masterworks in form of Jewelry
You must have already heard about the biggest enterprises in the world when it comes to the Art Industry, the Gagosian Gallery. Now, there has been a lot of different things which the Gagosian Gallery sells including paintings, sculptures…
Some prints and photographs from Germany and the UK might get hit by US tariffs
We have seen that the US government is adding tariffs to a lot of items in recent times. However, we now see that the tariffs from the US administration might affect the Art Industry as well. Because it is revealed that some prints and…
Christie’s Contemporary Art Sale Sees Success, Nets $80.4 M
The postwar and contemporary evening sale at Christie’s was one big art affair of the week. After a week-long Freize auction, the fresh set of artworks brought Christie’s £65.2 million ($80.4 million). While the 41 pieces sold this year…
Banksy Emerge As Star Artist At Slow Art Sale At Sotheby’s
The otherwise mundane evening art sale at Sotheby’s saw a once-obscure street artist emerge as the rockstar of the event. Banksy’s work alone accounted for $12.2 million out of the total sales of $67.3 million witnessed at the event.…