News

15 November 2022

Why the global explosion of billionaires will keep auction houses afloat for now

Record-breaking sales from the collections of Microsoft founder Paul G. Allen and the acrimoniously divorced Macklowes herald the start of a 20-year bonanza for auction houses ... read more (external link)

15 November 2022

Collection of Sotheby's Owner Revealed After Hackers Leak Private Documents

Details about what's in the art collection of Sotheby's owner Patrick Drahi have been revealed after hackers leaked private documents related to the French telecommunications manager. ... read more (external link)

15 November 2022

Banksy Unveils New Work on Partly Destroyed Building in Ukraine

The elusive street artist Banksy debuted a new work Friday in Borodyanka, Ukraine, where an image of a woman flipping herself over using her hands now appears on a partly destroyed building. ... read more (external link)

15 November 2022

The five year warranty on the Salvator Mundi by Leonardo is about to run out - could the buyer have asked for their money back?

Warranties of authenticity offered to buyers can be hard to enforce when auctioneers can fall back on the generally accepted opinion of scholars and experts ... read more (external link)

11 November 2022

Arcual, an Art Basel-Funded Blockchain Startup, Launched Today

Art Basel's parent company MCH Group and the LUMA Foundation, a Zurich based arts nonprofit, have launched Arcual, a blockchain startup dedicated to the needs of the art world. ... read more (external link)

06 November 2022

What Recession? Wealthy Art Collectors Are Spending More Than Ever - and 3 More Takeaways From the New Art Basel and UBS Report

Art trading is rebounding strongly across the world, so too are the prices wealthy collectors are willing to pay. ... read more (external link)

28 October 2022

Pierre Soulages, Painter Whose Iconic Abstractions in Shades of Black Found Power in Light, Dies at 102

Pierre Soulages, a French painter who created hundreds of canvas almost exclusively in shades of black for decades, died at 102 on Wednesday. A representative for his New York gallery, LGDR, confirmed the news of his death. ... read more (external link)

28 October 2022

Climate Activist Attempts to Glue Head to ‘Girl With a Pearl Earring’

An activist wearing a Just Stop Oil shirt apparently attempted to glue his shaven head to the famous painting Girl With a Pearl Earring by Johannes Vermeer, while another activist poured soup over him and then glued his own hand to the wall next to the painting, according to a video posted to Twitter Thursday. ... read more (external link)

28 October 2022

Marc Spiegler Steps Down as Global Director of Art Basel, Noah Horowitz Joins as CEO

Just a week after the launch of Art Basel's first Paris edition, the leading art fair company, which also hosts events in Switzerland, Miami Beach, and Hong Kong, has announced a major change in its leadership. ... read more (external link)

28 October 2022

Divorcing collectors to sell Old Masters trove at Sotheby's in New York, led by $25m early Rubens

Modern and contemporary works have taken up most of the oxygen at Sotheby's and Christie's of late, but the former has lined up a significant collection of ten pictures for its upcoming Master's Week auction on 26 January 2023, led by an early Peter Paul Rubens painting it expects to fetch between $25m and $35m. ... read more (external link)

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