All posts in Sotheby’s

Export ban blocks £8m Thomas Gainsborough painting from leaving the UK

Thomas Gainsborough is one of England’s iconic artists. His work, much like JMW Turner’s, seems to be synonymous with the country having captured the English countryside with many of his works. Now, in an effort to keep a work that was sold over the summer by Gainsborough in the UK, a temporary export ban has […]

‘The Olympic Manifesto’ sells at Sotheby’s for $8.8m

Just before a decade of intense auctions that brought in millions and millions wraps up, Sotheby’s New York saw another saleroom record. Just a week before Christmas, a 12-minute bidding battle ensued over a lot with a particularly interesting place in history. Lot 173 of the Fine Books and Manuscripts action was an original manifesto […]

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 […]

Sotheby’s tops out sales in Asia

Sotheby’s has reported its year totals in Asia and for the fourth year running, they are leading international auction houses. In total, Sotheby’s has reported HK$7.35 billion (US$936 Million) in sales over the course of the year. Their sales in Asia account for about 30 percent of their total US$4.8 billion in overall yearly sales […]

Sotheby’s Aboriginal Art sale brings in $2.8 million

When the Gagosian Gallery opened an exhibition of artworks by Indigenous Australian artists earlier this year, it was probably the first time a number of people took note of those artists and their works. The exhibition also made headlines because an unlikely celebrity owned a number of the artworks on loan to the gallery: Steve […]

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 […]

‘Devolved Parliament’ sells for nearly £10 million

A 2009 work by Banksy just made its biggest splash, yet, last night. Prior to the sale at Sotheby’s London, some were concerned that alterations to the work made by Banksy might deter bidders who thought the original painting might have a copy. However, when the gavel fell on the painting, it far exceeded its […]