Tag Archives: Sotheby’s


Auctions Market News

Sotheby’s Revenue, Profits Down in Second Quarter Versus 2014

Today, Sotheby’s released its financial results for the second quarter of 2015, which concluded on June 30. The auction house announced total revenue of $487.7 million, down 1 percent from the figure reported for the same quarter last year. Profits came in at $67.6 million for … Read More


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Sothebys_S&P500_SASI_stock_price_v6-01

How Are Art-Business Stocks Doing This Year?

The short answer to that question in the headline: not so well. The Skate’s Art Market Index (SASI), which tracks 16 publicly listed art companies (including Sotheby’s, Poly, and MCH Group, the owner of Art Basel), is off almost 15 percent … Read More


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Martine Johanna's Oh..Margot.

COURTESY VOGUE

Morning Links: Wes Anderson Edition

SF-based arts writer Kevin Harman is bringing the sixth edition of his self-curated pop-up Wes Anderson-inspired art show to New York. You can see “Bad Dads” at Joseph Gross Gallery beginning in early August. [Vogue]Documenta 2017 will be held in … Read More


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Morning Links: Louvre Superstore Edition

After many protests from art historians, the Louvre will go through with its plan to move 250,000 works to a store in Liévin, France. [The Art Newspaper]Peter Schjeldahl on the “fearful frenzy” that is today’s art market. [The New Yorker]Shepard … Read More


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COURTESY SOTHEBY'S

Sotheby’s Auctioning ‘Alice in Wonderland’s Silver Buttons’

Sotheby’s in London is selling a pair of “cherub-shaped art nouveau buttons” that belonged to Alice Pleasance Liddell, Lewis Carroll’s inspiration for Alice In Wonderland. Liddell wore the buttons “from childhood to the date of her death,” according to an … Read More


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Sotheby’s Will Auction ‘Krebs Cycle’ Nobel Medal

On July 14, Sotheby’s in London will auction a Nobel Prize medal awarded to Hans Krebs in 1953 for the discovery of the Citric Acid Cycle, otherwise known as the Krebs Cycle, or the Bane of AP Chemistry Students everywhere. … Read More


Market News
The Sotheby's logo.

Sotheby’s London Cleaners Barred From Work After Protest

The Independent reports today that cleaners at Sotheby’s London have been banned from work in the wake of a protest staged last night over better sick-pay terms.While million-dollar-art auctions raged inside of Sotheby’s, outside a group of workers and sympathizers staged … Read More


Auctions Market
This 1962 Warhol was the top lot of the evening, selling for TK.COURTESY SOTHEBY'S

Sotheby’s Sells $203.6 M. of Contemporary Art in London, Led by a $32.8 M. Warhol Dollar Bill

Tonight in London Sotheby’s sold £130.4 million ($203.6 million) worth of art at its contemporary art auction, handily trumping the £95.6 million ($150.1 million) that its arch-rival, Christie’s, brought in at its own sale last night. About 85 percent of … Read More


News
First version of Le Bar aux Folies Bergère.


COURTESY SOTHEBY'S

Sotheby’s To Auction First Version of Manet’s ‘Le Bar aux Folies-Bergère’

Sotheby’s is offering the first version of Édouard Manet’s painting series Le Bar aux Folies-Bergère (1881), estimated at £15-20 million ($23-30.7 million / €21-28 million), at their upcoming Impressionist & Modern evening sale on June 24. The painting’s sale follows … Read More


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Evening in Cairo, 1870.


COURTESY RUSSIAN TIMES

Sotheby’s Halts Sale of Russian Painting Believed to be Stolen

Sotheby’s has suspended the sale of Evening in Cairo (1870), a painting by Russian seascape artist Ivan Aivazovsky believed by the Russian Interior Ministry to have been stolen in 1997, in their London auction this week.Only yesterday, Sotheby’s had stated … Read More


Auctions Market News
Roy Lichtenstein’s The Ring (Engagement) (1962), which was estimated to sell for around $50 million, made $41.7 million with the buyer's premium.

Sotheby’s Delivers a Solid, If Slow, $379.7 M. Contemporary Sale, With Records for Polke, Wool, More

Earlier this evening in New York, Sotheby’s held a contemporary art sale that brought in $379.7 million, well within its presale estimates of $322.1 million to $420.7 million, and that saw new records for seven artists—Christopher Wool, Mark Bradford, Mark Grotjahn, Danh … Read More


Auctions Market News
Sotheby's New York.


COURTESY WIKIMEDIA COMMONS

Sotheby’s Posts $5.2 M. Profit for First Quarter, Expenses and Revenue Down Over Last Year

Sotheby’s today released its financial results for the first quarter of 2015, which ended on March 31 this year. The house posted a profit of $5.2 million for that period, up from the $6.1 million loss it reported during the same period … Read More


Market News Reviews
Jacob Lawrence's The Lovers.


COURTESY SOTHEBY'S

Running Through S|2 With His Woes: On Drake’s Sotheby’s Soundtrack

Drake may know a guy at Sotheby’s, but the show “I Like It Like This,” presented by the auction house’s gallery arm, S|2, which features 56 works of art by 31 black American artists, is a success, surprisingly not in spite of … Read More


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COURTESY WIKIMEDIA COMMONS

Morning Links: Earthquake in Nepal Edition

The earthquake that hit Nepal’s Kathmandu Valley on Saturday, killing an estimated more than 3,000 people, has damaged or destroyed monuments, temples and historic squares in the country’s capital, Kathmandu, and the cities of Patan and Bhaktapur.[The Art Newspaper]In celebration of the opening … Read More