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Art Market
Christie’s S.I. Newhouse Sale Rakes Impressive $630.8M
The S.I. Newhouse collection managed to bring a whopping $630.8 million as part of a Christie's double-header this week.
The 16 lots came from the collection of late media giant S.I. Newhouse Jr., the former head of Condé Nast. The…
Christie’s Manages Mere $162.7 M In Triple Auction, Despite Richter Surprise
The triple-header auction evening at Christie's New York brought a mere $162.7 million, despite a $35.1 million Gerhard Richter sale.
The sale was led by a group of paintings from the collection of late dealer Marian Goodman, including…
Sotheby’s Summer Sale Gathers $433.1M, Thanks To Rothko Painting
Sotheby's Contemporary Sale at New York was a decent event, but the $85.8 million from Robert Mnuchin's estate captured eyeballs.
On Thursday, Sotheby's kicked off its summer season with a contemporary auction at its Madison Avenue HQ in…
Sotheby’s Registers Profit In Years, But Challenges Ahead
For the first time in many years, auction house Sotheby's has registered a net profit of $53 million, indicating a recovering art market.
The news was first reported by the Financial Times after analyzing the auction house's tax returns.…
Most Expensive Basquiat Goes From Ken Griffin To Miami
Ten works by Jean-Michel Basquiat from Ken Griffin's collection will go on display at the Pérez Art Museum Miami.
Titled "Basquiat: Figures, Signs, Symbols", the exhibition will centre on the most common themes found in the works of…
Ownership Battle Of Beeple’s $70M Work Settled At Court
The ownership saga of Beeple's most expensive work, Everydays: The First 5000 Days, has finally reached its conclusion in court.
Everydays: The First 5000 Days (2021) is an NFT work comprising 5000 digital images compiled by the digital…
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.…