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Three picks from next week’s Old Masters auctions at Sotheby’s New York

All eyes are on Gentileschi’s $25m Danaë, but some other works deserve collectors’ attention too.While Sotheby’s Old Masters week centres on the $25m-plus Danaë by Orazio Gentileschi (above), to be

Sotheby’s had to up guarantee from $350 M. to $500 M. to win Taubman Collection

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

Modigliani’s ‘Reclining Nude’ sells for $170 million at Christie’s

"Reclining Nude," the century-old painting by Amedeo Modigliani, sold for $170,405,000 at a Christie's auction on Monday. There were five bidders for the work and the auction lasted nine minutes.

The year that the bubble bursts?

“We are not in a bubble”, said the now-former CEO of Christie’s after their May 2014 sale of Post-War and Contemporary art, which fetched an astonishing $745 million. To many,

Does Qatar’s $300 Million Paul Gauguin Acquisition Hide A Dark Secret?

Qatar has been an art-collecting powerhouse for some years now, but as of yesterday the oil-rich country is reportedly responsible for the two most expensive art sales of all time.

Picasso’s paintings are about to flood the market

The New York Times reported that Marina Picasso is actually in possession of 10,000 original Picasso’s paintings that she inherited.

Surrealism Shines at Christie’s $222.8 Million Impressionist and Modern Art Sale

There is clearly real strength in the Impressionist and Modern art market. Last night, Christie’s emulated Sotheby’s success the evening before with a £147 million ($222.8 million) sale,

The art business, a Davos talking point

As an economic force that generates a yearly turnover of $70 billion , art business is now a robust sector of financial markets. In Davos, key actors reviewed the impact of explosive growth

Art market report: A sunny summer for the Art World

The Post War and Contemporary art markets are growing in sales and buyers. The Middle market is the next place to be with a trend: the living artists.

Auction Houses and the Art Market on its financial aspect

  9.06.2015   webrider   Art Auctions   1 Comment

With the emerging markets being the motor, Auction houses are the fuelling of the global Art market and the Internet, its highway. Remove one of these elements and the Art Market would go ten years backward, not saying to « nowhere » but… at least from current maturity to adolescence.