Tag Archives: Sotheby’s


Auctions Market News
Sotheby's New York. COURTESY SOTHEBY'S

Sotheby’s Reports Fourth Quarter Loss of $10 M. to $19 M.

Sotheby’s CEO Tad Smith announced this morning in a teleconference that Sotheby’s had lost somewhere between $10 million and $19 million in the fourth quarter of 2015.Smith, who was joined by Sotheby’s interim CFO Dennis Weibling, attributed the losses in … Read More


News

Morning Links: Tacoma Art Museum Edition

Must-read stories from around the art world Read More


2015: The Year in Review
Louise Bourgeois, Maman, 1999.

COURTESY WIKIMEDIA COMMONS

Inequality Endures: The Price of Being a Female Artist in 2015

An annual overview of how female artists and their work fared over the past year in the marketplace and the broader art world. Here is the 2014 edition.“Is the Pope Catholic?” Marilyn Minter said in response to a 2014 survey querying the existence of gender … Read More


News

Morning Links: Sotheby’s Buyouts Edition

Must-read stories from around the art world Read More


Auctions Market News
Kenneth Noland's Heat (1958) was the second-most expensive lot at the auction. COURTESY SOTHEBY'S

Strong Sotheby’s Contemporary Day Sale Totals $98 M., Sets Kenneth Noland Record at $3.37 M.

Sotheby’s capped its auction week yesterday with a respectable contemporary day sale that brought in $98 million. With 323 out of 418 lots finding buyers, 80 percent of the works that went on the block sold. Although some momentum was lost … Read More


Auctions Market News
Cy Twombly’s Untitled (NYC) (1968) sold for $70.5 million.COURTESY SOTHEBY'S

Sotheby’s Contemporary Sale Hauls In $294.9 M., Setting Twombly Record at $70.5 M. in an ‘Infectious’ Salesroom

An enormous round of applause rang out in the Sotheby’s salesroom following its contemporary art evening sale tonight in New York, as the auction house wrapped perhaps the first solidly positive sale of the past week, totaling $294.9 million, over a low … Read More


Auctions Market News
Sotheby's New York headquarters.COURTESY WIKIMEDIA

Sotheby’s Q3 Loss Shrinks Versus 2014, Buoyed by Inventory Sales, Finance Unit

Today, Sotheby’s released financial results for its third quarter, which ended September 20, 2015, reporting a net loss of $17.9 million, equal to 26 cents a share, which was an improvement over the $27.7 million, or 40 cents a share, … Read More


Auctions Market News
Pablo Picasso, "La Gommeuse," 1901. Property from the William I. Koch Collection.COURTESY SOTHEBY'S

After Taubman Trip-Up, Sotheby’s Finds its Footing with a Respectable $306 M. Imp-Mod Evening Sale

Not 24 hours after the muted response to the collection of A. Alfred Taubman, which barely broke its low estimate with a $377 million sale Wednesday, Sotheby’s bounced back somewhat with a competent if at times dull $306.7 million Impressionist and Modern Art Evening Sale … Read More


Auctions Market News
Modigliani's Portrait de Paulette Jourdain, from around 1919, sold for $42.8 million, beating its on-request estimate said to be $35 million.

Spotty Taubman Collection Sale Brings In $377 M. at Sotheby’s, Led by a $42.8 M. Modigliani

Many works went for below their low estimates, but a new high mark was set for Frank Stella Read More


Auctions Market News
Taubman.COURTESY SOTHEBY'S

Sotheby’s Had to Up Guarantee From $350 M. to $500 M. to Win Taubman Collection, Says ‘Major Art-World Player’

This week in New York, Sotheby’s begins its four-part sale of about 500 works from the collection of Alfred A. Taubman, the collector and former chairman of the auction house who spent ten months in prison for his role in … Read More


News
Kim Jong Il by Sun Mu.

COURTESY ADAM SJOBERG/VIA THE LOS ANGELES TIMES

Morning Links: North Korean Defector Edition

Must-read stories from around the art world Read More


Auctions Graphics Market
boys-club

Are the November Postwar and Contemporary Auctions a Boys’ Club? A Look at the Numbers

Imagine you work for the postwar/contemporary department at one of the world’s top three auction houses—Christie’s, Sotheby’s, Phillips—and your major annual November New York evening sale happens to fall on Bring Your Daughter to Work Day. Not a good scene. You may have … Read More


News
Still from The Room.

VIA THE AVCLUB.COM

Morning Links: ‘The Room’ Edition

Must-read stories from around the art world Read More


Auctions Graphics Market
unnamed

How Did This Week’s London Contemporary Art Sales Fare?: A Look at Five Years of Auctions

It was a week of huge contemporary art auctions in London. Just how huge? The above graph tells the story, comparing this week’s figures at the three big houses with the results for the same sales going back to 2011. The big news: Phillips … Read More