Marketplace  -  Deals

Kunstmuseum Basel agrees to settlement involving Nazi era works

More than a decade ago, a restitution claim for 200 works that once belonged to Curt Glaser, a renowned Jewish museum director, and worth an estimated $2 million (£1.6 million) was rejected by the city of Basel. In response to recent findings as well as added pressure to reconsider the case, the city has reversed […]

The year in auctions: biggest sales, to whom and an attempt at why

2019 didn’t exactly go down as the most lucrative year for auctions, especially compared to more recent years when several $50 million lots could have been combined into a single evening sale, but as the year wraps up, reflecting on the auction market of the year reveals big wins, some records and interesting insights. As […]

The Bouvier Affair: The Art of Deception?

The art world most commonly makes front-page news when there’s a daring heist, such as the stunning theft this week of up to a billion euros of treasures from Dresden’s Grüne Gewölbe, or the spiriting away of the Mona Lisa in 1911 which made it the most famous painting in the world. These Ocean’s Eleven-style […]

Artemisia Gentileschi cements her place among the Old Masters boys’ club with latest record-breaking auction sale

A recently discovered work by Artemisia Gentileschi (1593-1654) sold last week for a price of €4 million, or €4.7 million with fees, breaking the Baroque master’s auction record by almost double. The piece, Lucretia (1630’s), was being auctioned at the Artcurial auction house in Paris with an estimate of €600,000 to €800,000, but competition between […]

Visitors can now see the Vatican Museum and Sistine Chapel like never before…if you’ve got money to spend

Navigating your way around the highlights of the Vatican are not for the faint of heart…or those who can’t stand a crowd. Each day, around 30,000 people (totalling up to about six million per year) mill through the halls of the Vatican Museum to take in all the treasures it holds. Seeing the Sistine Chapel […]

Panel by Cimabue sells for €24.2 million, shattering pre-sale estimates

In a packed-out auction house of around 900 people on Sunday in the French town of Senlis, a panel painting believed to be by Cimabue busted its pre-sale estimate when it sold for €24.2 million, with fees. The small tempera painting, which has been called The Mocking of Christ, is one of only a dozen […]

When an art dealer single-handedly earns more money than an auction house

Is it possible for an individual art dealer to earn more money than an auction house that’s been in business for 300 years? The answer should be no. Yet Yves Bouvier and Sotheby’s have managed to refute this popular belief. Indeed, the huge income the Swiss art dealer apparently generated has raised eyebrows around the […]