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Market Partnered Content
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Skate’s: Top Four Online Auction Houses Cleared $144 M. Last Year

In its latest Market Note, Skate’s notes that Berlin-based online art trading platform Auctionata published its 2014 results, rising to the number-one spot ahead of peers like Paddle8, Christie’s, and artnet.com with $41 million in gross merchandise value sold, a 148 percent increase … Read More


Market News
The work in question.

COURTESY PETER LIK

Here’s How Peter Lik Priced That $6.5 M. Photograph

On Sunday The New York Times posted an impressive profile of Peter Lik, the nature photographer who, a few months ago, claimed to have sold the most expensive photograph in the world, and the curious way he does business, through … Read More


Graphics Market
Artists' individual contributions to the evening sales at Sotheby's and Chrsitie's in London.

Dissecting the London Postwar Sales

The postwar and contemporary evening sales in London this month brought in more than £240 million (about $370 million) in total sales for Sotheby’s and Christie’s—a banner year for the annual auctions. Today we slice into the numbers to see … Read More


Market News
A 1960 Ferrari 400 Superamerica SWB Cabriolet by Pinin Farina Chassis No. 1945 SAEngine No. 1945 SA (estimate: $6–7 million) will be offered on March 14 at the RM Sotheby's sale in Amelia Island, Florida.


COURTESY RM SOTHEBY'S

Sotheby’s Acquires Stake in Collector-Car Specialist RM Auctions

Sotheby’s and RM Auctions have announced the formation of a new strategic partnership, RM Sotheby’s, in which Sotheby’s will acquire a 25 percent ownership interest in the car-auction company, with the opportunity to increase its stake. (The market for collector cars, … Read More


Market News
A work by Ruscha.

COURTESY GAGOSIAN

Sotheby’s Spring Sales Will Offer 35 Works to Benefit MOCA Los Angeles

News of New York’s big spring contemporary auctions is beginning to trickle out, and it seems Sotheby’s has nabbed a fairly intriguing, if philanthropic, consignment. Its evening and day sales, on May 12 and 13, will feature a group of … Read More


Artists Market News
Speculation (2014), by Sarah Meyohas.


COURTESY THE ARTIST

A New Cryptocurrency Enters the Art Market: BitchCoin

Artist Sarah Meyohas launched her own personal cryptocurrency on Sunday night in the Financial District at Trinity Place, a bar located across from the birthplace of the Occupy movement, Zuccotti Park. Called BitchCoin, perhaps a feminist play on the name … Read More


Market
Ahmed Mater's "Cowboy Code (Hadith)" (2012)COURTESY THE ARMORY SHOW

Here Is the Lineup of Special Projects for the 2015 Armory Show

The Armory Show at Piers 94 and 92 in New York has announced the full line-up of special projects for its 2015 edition, which are part of the fair’s Focus section, centering this year around the Middle East. Projects at … Read More


Market
Simcho Che.

‘I Coulda Been a Contender’: Kenny Schachter on L.A. Wildcatters, a Davos Doomsayer, the London Auctions, and the Future of the Art Market

Kenny Schachter is a London-based art dealer, curator, and writer. The opinions expressed here are his own. I am convinced that the art market is in an extended bull run the likes of which have never been seen before. Sure, … Read More


Graphics Market
infographic_weekFeb9_2015

Comparing the Francis Bacon and Gerhard Richter Markets After a Hot Week in London

The past week’s evening sales of postwar and contemporary art in London saw major results for painter powerhouses Gerhard Richter and Francis Bacon. At Sotheby’s, a 1986 abstract painting by Richter made $46.3 million. At Christie’s, Richter’s landscape painting Vierwaldstatter … Read More


Market News
Peter Doig's Cold Blooded (2003).

COURTESY OF SOTHEBY'S

Klara Lidén Painting Sets Artist Record at Sotheby’s London

Sotheby’s has officially surpassed itself this week, recording its highest-ever total sales of contemporary art in Europe. Gerhard Richter’s Abstraktes Bild, which sold for £30.4 million ($46.3 million), contributed significantly to a grand total of £140.4 million ($214 million) over … Read More


Market Partnered Content
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Skate’s: Wealth Managers Investing Big in Sotheby’s, Shutterstock

Some $840 million in investment has poured into Sotheby’s and Shutterstock over the past few weeks from big-league wealth managers, Skate’s points out in the latest edition of its Market Notes column, with the Vanguard group grabbing a 5.5 percent stack in the auction house to join Morgan … Read More


Market
Cy Twombly, Untitled (New York City), 1970.COURTESY CHRISTIE'S

Christie’s Nets $177.9 M. at Contemporary Sale in London, Led by $30 M. Twombly

It has been a roaring week for the contemporary art market in London. Last night, Sotheby’s sold £123.5 million (or about $188.2 million) worth of art at its annual postwar and contemporary sale across 65 lots (out of 75 on … Read More


Market News
Richter's Abstraktes Bild sold for £30.4 million ($46.3 million), a benchmark for any living European artist.

COURTESY SOTHEBY'S

New Records for Gerhard Richter, Jonas Wood at Buoyant $188.2 M. Sotheby’s London Sale

Multiple records were broken last night at the contemporary art evening auction at Sotheby’s in London, including the total for that annual auction, which made £123,515,250 ($188.2 million) on a presale estimate of £88.6 million to £125.5 million ($135.43 million–$191.84 million). The highlight of the evening … Read More


Market News
COURTESY MEI-CHUN JAU.

Here’s the 2015 Dallas Art Fair Exhibitor List

The seventh edition of the annual Dallas Art Fair will run from April 9 through 12 at the Fashion Industry Gallery (f.i.g.) in Dallas’s downtown Arts District. The Dallas Art Fair is part of Dallas Art Week, which highlights the city’s … Read More