Auctions A Medal of Honor, Illegal to Sell in the US, Tripled Its Estimate at a German Auction House—Drawing the Wrath of Ted Cruz Interest in the 122-year-old medal spiked after Cruz spoke out against its sale in Germany. By Artnet News, Jun 3, 2020
Auctions Sotheby’s Will Reimagine the Auction Experience by Livestreaming Its Big-Money June Art Sales—Without an Audience The sale is scheduled for June 29. By Eileen Kinsella, May 29, 2020
Auctions The Collection of Cable-Television Impresario Ginny Williams, Full of Top-Notch Works by Women, Could Fetch $50 Million at Sotheby’s The collection will be sold across a series of sales throughout 2020. By Eileen Kinsella, May 22, 2020
Auctions Sotheby’s Online Contemporary Sale Fetches $13.7 Million—More Than Doubling the Previous Record for a Virtual Art Sale, Set Three Weeks Ago But the statistics don't account for the high number of withdrawn works. By Eileen Kinsella, May 15, 2020
Auctions Christie’s Will Replace Its Marquee June Sales in New York With a Streaming ‘Relay’ Auction to Unfold Across Four Cities Worldwide The sale kicks off at 8 p.m. local time in Hong Kong on July 10. By Eileen Kinsella, May 14, 2020
Auctions Allan Schwartzman, a Respected Market Guru, Is Leaving the Sotheby’s Auction House Amid a Continuing Staff Shakeup He will continue to work with the house as a consultant. By Eileen Kinsella, May 12, 2020
Auctions This Rare Mannerist Painting by a 17th-Century Italian Nun Just Broke a Record at Sotheby’s, Selling for 14 Times Its High Estimate A collector snapped up the picture for more than $260,000 in the auction house's online Old Masters sale. By Sarah Cascone, May 8, 2020
Auctions Sotheby’s Is Hoping for a Slam Dunk With a Pair of Game-Worn Michael Jordan Nikes That Could Fetch $150,000 Michael Jordan wore the signed shoes during his first season in the NBA. By Sarah Cascone, May 8, 2020
Auctions Sotheby’s Is Reopening Salesrooms—and Aggressively Cutting Costs—in a Race to Repay Almost $120 Million in Debt This Year A newly released report set off alarm bells about the company's debt load. By Eileen Kinsella, May 5, 2020
Auctions The Nazis Wanted to Put This Painting in a Museum Dedicated to Hitler. Now It’s the Star Lot of One of the First Live Auctions Since Lockdown Carl Spitzweg's 19th-century painting hung in several German presidents' offices before its restitution. By Kate Brown, May 5, 2020
Auctions Sotheby’s Is Betting Big on Its June Auction With a $30 Million Lichtenstein Brushstroke Painting, Even as the Sales Remain Uncertain The auction house seems committed to some version of an in-person sale, which will be held the week of June 29. By Artnet News, May 1, 2020
Auctions Global Auction Sales Fell 76 Percent Last Month as the Lockdown Battered Markets, But Demand Is Steady for Lower-Priced Items We broke down worldwide auction results from March to see what segments of the market are shrinking the fastest—and where signs of hope remain. By Julia Halperin, Apr 30, 2020
Auctions Sotheby’s and Google Are Teaming Up to Auction Off a Coffee Date With Hillary Clinton and Other Star-Studded Virtual Experiences for Charity Sotheby's and Google will join forces to offer virtual encounters with very real celebrities to benefit the International Rescue Committee. By Artnet News, Apr 27, 2020
Auctions After Going Digital, Sotheby’s ‘Contemporary Curated’ Sale Brought in $6.4 Million—an Online Auction Record for the Company It was also the biggest London edition of the sale ever, live or online. By Taylor Dafoe, Apr 22, 2020
Auctions The Good News? Global Online Auctions Grew 63 Percent Last Month. The Bad News? That May Not Be Nearly Enough The next two months will be a test of whether auction houses can build on their recent momentum. By Julia Halperin, Apr 22, 2020