Auctions Sotheby’s U.K. Profit Dropped by 24 Percent Last Year, With Brexit the Likely Culprit "The increased red tape resulting from Brexit is...further contributing to the U.K. art market's decline." By Vivienne Chow, Aug 17, 2023
Auctions The Best-Seller List: See the Top Ten Lots Sold in Every Major Category From Ultra-Contemporary to Old Masters, here's what made the cut. By Artnet News, Aug 16, 2023
Auctions A Stash of Animal Sculptures by the Lalannes, Found Hidden in a Secret Room in the Couple’s Studio, Heads to Auction One intriguing lot is a tin of sardines, commissioned by Jane Holzer in 1971 for an exhibition at Leo Castelli Gallery. By Lee Carter, Aug 16, 2023
Auctions A Notorious Barn Find of Hurricane-Damaged Ferrari Race Cars Could Fetch $20 Million at Auction For Monterey Car Week, Sotheby’s will recreate the collapsed barn in Florida where the cars were discovered. By Lee Carter, Aug 11, 2023
Auctions Phillips Reports a Sharp Drop in Global Sales, With Private Sales Slumping to One-Third of Last Year’s Total Coming off a peak year, the newly challening environment has hit auction houses hard. By Eileen Kinsella, Aug 10, 2023
Auctions This Piano—Purchased by John Lennon, Gifted to Sam Green, Then Loaned to Andy Warhol—Could Ring Up $3 Million at Auction Lennon and Yoko Ono composed songs for their 1980 album, "Double Fantasy," on the piano. By Adam Schrader, Aug 7, 2023
Auctions Phillips Is Going Into the Direct Art Sales Business, Commissioning Monthly Drops From Artists and Collaborators The new platform launches this month, offering work from Brooklyn-based artist Cj Hendry. By Eileen Kinsella, Aug 7, 2023
Auctions $50,000 for Apple Sneakers, Six Figures for a 2007 iPhone—the Resale Market for the Tech Giant’s Products Is Hitting New Heights Sotheby's is the latest to muscle in on an exploding secondary market for vintage Apple items. By Lee Carter, Aug 4, 2023
Auctions Aiming to Stoke Global Demand for Middle Eastern Art, Christie’s Is Hosting a Major Exhibition of Contemporary Arab Art in London The house is eyeing up the return of its London evening sale in this category. By Vivienne Chow, Jul 26, 2023
Auctions Tupac Shakur’s Bejeweled Crown Ring Sold for $1 Million at Sotheby’s—More Than Three Times Its Estimate The auction house had predicted the ring would bring in $300,000. By Adam Schrader, Jul 26, 2023
Auctions A $3 Thrift Store Vase Turns Out to Be a Japanese Cloisonné Masterpiece That Could Rake in More Than $13,000 at Auction The vase is the handiwork of Namikawa Yasuyuki, a Meiji-era cloisonné artist and one-time samurai. By Adam Schrader, Jul 24, 2023
Auctions A Glittering Trove of Olympic Treasures—From Relay Torches to Medals Dating Back to the First Modern Games—Heads to Auction There used to be art competitions at the Olympics, along with sporting events. By Lee Carter, Jul 19, 2023
Auctions Could a Corruption Investigation Into Patrick Drahi’s Cable Company Spark Problems For Sotheby’s? An Altice executive has been detained as part of a sweeping probe alleging money laundering, among other crimes. By Eileen Kinsella, Jul 18, 2023
Auctions The U.K. Has Slapped an Export Ban on a $2.9 Million Alberto Giacometti Chandelier to Allow a Local Institution to Acquire the Work Will a U.K. museum step forward to buy the unique piece by the Swiss sculptor, or will the rare lighting fixture wind up abroad? By Sarah Cascone, Jul 14, 2023
Auctions France’s Oldest Auction Business, Drouot, Has Sold a 30 Percent Stake to Two Investment Companies The group said the investment will open up liquidity options for shareholders and help bolster the auction business. By Eileen Kinsella, Jul 14, 2023
