art auction

A joint report by NEA and BEA found that the arts and cultural industries represented more than $1 trillion USD of the US in 2021. On Wednesday, the National Endowment for Arts (NEA) and Business of Economic Analysis (BEA) released their…

Christie’s auction of over three dozen items belonging to gallerist Adam Lindemann was a success, fetching $31.5 million in total. Adam Lindemann, apart from being the owner of the Venus Over Manhattan gallery, is also a noted art…

A painting by Lucian Freud of his daughter could fetch $24 million at Sotheby’s auction next week. The painting in question is Ib Freud (1997), which depicts Isobel Boyt, one of his daughters. In the painting, Isobel could be seen…

The decision of Valparaiso University to sell its art collection, including $ 15 million Georgia O’Keeffe painting, has caused a backlash. The Valparaiso University in Indiana announced in an email on Wednesday that it plans to sell 3…

A strapless gown designed by Victor Eldenstein and worn by Princess Diana sold for $604,800 at a Sotheby’s auction recently. The dress was designed by Victor Eldenstein – who was a regular designed for Princess Diana - in 1989. The dress…

Sotheby’s announces $8 billion of projected sales in 2022, along with expansion in Hong Kong. The $8 billion figure is the new record for the auction house in any given year, surpassing last year’s $7.3 billion. It is also much higher…

A self-portrait by German artist Max Beckmann fetched $20.7 million on Thursday, making it the highest-selling work in German auctions ever. The work was sold on Thursday at the Grisebach auction house in Berlin. Titled “Selbstbildnis…

A print of Queen Elizabeth II by artist Andy Warhol was sold for $855K last week in Toronto, setting a new record for that series. The royal blue print of Elizabeth II was one of the four prints Andy Warhol created in 1985. Part of his…

Handwritten love letters and other memorabilia by Bob Dylan were a hit at the “Marvels of Modern Music” auction in Boston. A single lot, consisting of 42 love letters by Bob Dylan to Barbara Ann Hewitt, sold for nearly $700,000. Dylan’s…

The $15-20 million auction of a T-Rex skeleton in Hong Kong by Christie’s has been canceled over concerns about how many bones in it were replicas. The T-Rex, which was nicknamed “Shen”, was scheduled to go on the auction block in…