Marketplace  -  Deals

Who is Patrick Drahi, Sotheby’s new billionaire owner?

Just as the art market began to cool down for the summer came the surprise announcement that Sotheby’s, the 275-year-old auction house, will be sold for $3.7bn to BidFair USA, owned by the telecommunication and media tycoon Patrick Drahi. The deal valued Sotheby’s shares at $57 per share, or a 61% premium to their closing […]

Christie’s Impressionist and modern art sale in London disappoints

The preview night of Christie’s 31-lot Impressionist and Modern art sale was buzzing with jokes poking fun at Basel and positioning the sale to be the ultimate antidote to the Swiss fairs, the Venice Biennale and the start of a strong “London summer season”. Despite all this, the sale on Tuesday night proved to be […]

Matisse’s Odalisque Painting leads at Christie’s Impressionist and Modern Art Sale in London

The female muse has been one of the oldest and most commonly depicted motifs in paintings. While some of these female figures may very well be the artists’ lovers, others simply play an important role in their lives. The upcoming and highly anticipated Impressionist and Modern Art Evening Sale at Christie’s will be led by […]

Who is Robert Mnuchin, the man behind Koons’s Rabbit?

This month, Jeff Koons made headlines when his stainless steel sculpture Rabbit (1986) sold for $91.1 million at Christie’s, making it the most expensive work by a living artist to ever sell at auction. Rumours circulated around the identity of the buyer whose purchase unseated David Hockney as the world’s most expensive artist but it […]

After years of legal fights, Vivian Maier comes to London

Vivian Maier took more than 100,000 photographs but never meant for them to be seen, displayed, or even discovered. Now, they are selling for thousands. A decade since she died in a remote Chicago senior home after slipping on ice and hitting her head, a major collection of her photos is going on display and […]

Christy’s: bootleg blue-chip art for millions less

As auction watchers reacted over the sale of Jeff Koons’s Rabbit (1986) that marked its place in history as the most ever paid at auction for a work by a living artist, a bootleg version of the same work could barely stand up straight at a gallery show in Chelsea called “Christy’s”. Artist Eric Doeringer opened […]

SI Newhouse’s $150m art collection up for auction

Christie’s New York announced that it will be presenting 11 extraordinary works from the famous collection of Samuel Irving “S.I.” Newhouse Jr., expected to bring in over $130m. The amount will of course be led by the iconic Jeff Koons Rabbit sculpture, which could beat the artist’s auction record of $58.4m with it’s $50-70m estimate. […]