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Art Market
Largest Salvator Dalí Work Heads To Paris Auction
The largest ever painting by Salvador Dalí is heading to Paris to be auctioned this month.
Measuring 65 by 100 feet, the giant work was actually a set produced for “Bacchanale,” a production for the Ballet Russes de Monte Carlo. The set…
Recently Discovered Foot Sketch By Michelangelo Fetches $27.2M
A sketch of a foot, recently found to be an authentic work by Michelangelo, has set a new record for the master by fetching $27.2 million at Christie's.
Last March, an anonymous buyer contacted Christie's website regarding the valuation…
Santa Fe Home Of Gene Hackman Hits Market At $6.25M
Longtime Santa Fe house of late actor Gene Hackman is now listed in the market with a starting bid of $6.25 million.
The 13,000-square-foot property is located on the hilltop of a secluded, gated locality in Santa Fe, New Mexico. The…
Art Loan Defaults On The Rise, Indicating Market Concern
A new report found that half of the non-bank art loans defaulted in 2024, up 12 percent from 2022.
Deloitte Private and ArtTactic released the Art and Finance Report 2025, listing some interesting and dangerous trends in the art market.…
Benefit Auction At David Zwirner Raises $1M For Ali Forney Center
“Toward the Light: Artists for the Ali Forney Center,” an exhibition at David Zwirner gallery in New York, was only on view at the gallery for four days, but during that short time, it raised $950,000 for the Ali Forney Center, a nonprofit…
Fabergé Egg Sells For Record-Breaking $30.2M At Christie’s
A Fabergé egg, a symbol of the Russian empire, was sold for a record-breaking price at Christie's London.
On Tuesday, the egg came up on the auction block with 48 other lots from Fabergé. It ended up being sold for £22.9 million (around…
Churchill Painting Brings Strong Results In Canada
Last week, a painting by Churchill was sold for $1.3 million in Canada, indicating that interest in the former British prime minister remains alive.
Apart from being a statesman and wartime leader, Winston Churchill was also an avid…
Klimt Sets Records As Sotheby’s Double-Feature Surprises With $706M
The double-feature auction at Sotheby's managed to bring a whopping $706 million, thanks to the record-shattering demand for Gustav Klimt.
The first event of the night was the collection of late Leonard Lauder. No one was ready when…
Christie’s Double-Header Auction Rakes In $690M
Christie's kicked off the marquee auction week with a double-header, which brought in a total of $690 million, including fees.
The first event of Monday night was the Robert and Patricia Ross Weis Sale, featuring a collection from the…
Art Market Protests Against French Tax Proposal
The French art market is enraged at the new proposal, which might tax people for simply possessing art.
The new regulations were drafted by Jean-Paul MatteÏ of the Democratic Movement party and Philippe Juvin of the Republicans. The…