All posts in art auction

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 […]

Despite Egyptian protests, sculpture of Tutankhamun sells for £4.7 million

Estimated to reach as much as £4 million at auction, a partial statue of the Egyptian god Amen in the likeness of Tutankhamun ultimately realized more than £4.7 million (£5.97 million with commission). The statue was just of the god’s head but it was one of the highlights in Christie’s ‘The Exceptional Sale’ that took […]

Egypt tries to halt the sale of a statue resembling Tutankhamun

On July 4th, a partial bust of Tutankhamun is set to lead ‘The Exceptional Sale’ at Christie’s London; however, Egyptian authorities are trying to halt the auction for fear that the statue was looted from the Karnak temple in Luxor. Dating back to the 13th century BC, the statue, if sold, could go for as […]

Missing Lewis Chessmen could fetch £1 million at auction

Missing for nearly 200 years, one of the lost Lewis Chessmen had been living in the drawer of an Edinburgh family for years and could now sell for as much as £1 million at auction next week. The family who brought the chess piece to Sotheby’s to have it appraised months ago inherited the little […]

Leading auction house Sotheby’s takes legal hit amidst Rybolovlev-Bouvier battle

Just days after the announcement that Sotheby’s is set to be sold for $3.7 billion to a company owned by French media tycoon Patrick Drahi, the company suffered a bruising legal setback in Manhattan courts. This Tuesday, June 25th, Judge Jesse Furman, of the District Court for the Southern District of New York (SDNY), denied […]

Van Gogh’s gun sells for €162,500 at auction

In 1965, a farmer in French village found a rusty old revolver in a field that has since been thought to be the gun that Vincent van Gogh used to shoot himself with. Just yesterday, that very gun was sold to a buyer who phoned into the Auction Art- Rémy Le Fur auction in Paris […]