All posts in Sotheby’s

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 […]

Has Banksy altered ‘Devolved Parliament’?

Banksy’s painting Devolved Parliament, originally titled Question Time, presents a tongue-in-cheek take on the UK’s parliament. The 2009 work not only features a literal de-evolved group of Members of Parliament but it also references the kind of representation the UK has delegated to Wales, Scotland, and Northern Ireland. The painting is now set to head to […]

Sotheby’s and Christie’s go head to head with simultaneous Banksy auctions

Two unrelated Banksy auctions are scheduled to run simultaneously at Sotheby’s and Christie’s bringing some of the artist’s best-known works to the auction block. As the gavel fell at a Sotheby’s auction in London last October announcing the £1 million sale of Banksy’s Girl with a Balloon, the reclusive artist shocked the art world 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 […]