Sotheby’s

Luxury car collectors are again flocking to California’s shore for Monterey Car Week 2022, an annual affair that promises exciting prices for the most coveted vehicles on the market. It will run from August 12 through August 21, 2022. Last year’s Monterey Car Week yielded USD 321 million and an 87% sell-through rate despite ongoing economic pre...

What is the latest news from around the auction world this July? The highly-anticipated Coeur d’Alene Art Auction of 2022 netted a respectable USD 16.4 million this month after setting numerous world records for American Western artists. Phillips reported a record mid-year high in sales, as well as the opening of a Los Angeles office. Elsewhere, ...

New York: Asia Week New York–in partnership with Joan B Mirviss LTD–will celebrate the publication of Listening to Clay: Conversations with Contemporary Japanese Ceramic Artists, which coincides with the gallery’s exhibition on view from July 19th to August 26th.   To register for the webinar, held on Tuesday, July 26 at 5:00 p.m. (...

What happens when art experts change their minds? For one collector, that could result in the loss of a major asset: a painting formerly attributed to Marc Chagall. The piece was worth USD 100,000 until an expert panel weighed in. A painting, formerly attributed to Marc Chagall, owned by Stephanie Clegg. Image courtesy of Stephanie Clegg via The Ne...

Tomokazu Matsuyama (b. 1976). Image courtesy of Sotheby’s. Tomokazu Matsuyama’s polychromatic art derives inspiration from various eras and cultures. A New York-based Japanese artist, Matsuyama’s techniques and aesthetic styles combine elements from the Japanese Edo and Meiji eras, French Renaissance paintings, and Western popular culture, as...

The spring auction season is officially in full swing. This month, the largest auction houses released coveted treasures to the top of the market, and mid-level companies offered fresh finds to the discerning collector. We spoke with several experts to understand the trends and take a closer look at some of the curated catalogs.  Here are the ...

The second round of modern and contemporary masterpieces from the collection of Harry and Linda Macklowe just smashed records at Sotheby’s. This second installment brought in USD 246.1 million. Combined with the results from the first sale last November ($676.1 million), the Macklowe Collection is now worth a total of $922 million. This figure pu...

A major spider sculpture by Louise Bourgeois highlighted Sotheby's Contemporary Evening Auction in Hong Kong on April 27, 2022. It was the most expensive modern and contemporary sculpture ever to be offered in Asia and achieved a record HKD 129.2 million (USD 16.5 million). Louise Bourgeois, Spider IV. Conceived in 1996, cast in 1997. Image courtes...

Etienne Bréton: Old Master Consultant

President of Saint Honoré Art Consulting, Etienne Bréton works alongside Marc Blondeau and Nicolas Schwed. With Pascal Zuber, he is currently the scientific co-curator of the exhibition "Boilly. Parisian Chronicles" at the Musée Cognacq-Jay in Paris. © Guillaume Benoit What is the finest painting that has passed through your hands since you lef...

New York:  After a two-year absence, Asia Week New York returned stronger than ever with galleries and auction houses ringing up total combined sales of $98,622,190. At press time, this figure includes 25 out of 26 galleries and 5 out of 6 auction houses–Bonhams, Christie’s, Doyle, Heritage, and Sotheby’s. iGavel Auctions opens for onlin...

Money Laundering: Art Dealers Appeal to Europe

An American report that minimizes the risks of money laundering in the art market rekindles the controversy in Europe. February 2022 Following the release of a rather cautious official American report on the risks of money laundering, the International Confederation of Art & Antique Market Professionals (CINOA) has called for a “re-evalu...

Images from around the auction world this March. Image credit from left to right: Akiba Antiques, Phillips, and Nation’s Attic, Inc. Collage by Heemin Moon (Auction Daily). This month welcomed the spring auction season during a period of global uncertainty and change. Auction Daily covered the top stories from around the auction world, including ...

Audemars Piguet's most iconic watch, the Royal Oak, was designed in just one night. An octagonal bezel and the "tapisserie" dial distinguished this timepiece that was inspired by a vintage diving helmet. With a diameter that is three millimeters larger than the Royal Oak and a higher price point, Patek Philippe's Nautilus also remains one of the mo...

The escalating war in Ukraine is spreading devastation in its wake. As world leaders denounce Russia’s invasion, the art world is taking actions, large and small, to support Ukraine. In one open letter, over 17,000 Russian art professionals and artists called for an end to hostilities in Ukraine. Describing the conflict as “a terrible tragedy f...

In a string of London art sales this March, Christie’s and Sotheby’s competed to collect unprecedented prices at auction. Their efforts were not wasted. Christie’s brought in a record USD 334 million during its 20th/21st Century Art series, and Sotheby’s bagged $297.2 million during its modern and contemporary sales in London. These stagger...