Browsing Tag
Auction Houses
Sotheby’s Sells $7.3 Billion in Art, Fueled by Moneyed Millennials
One of the world’s chief auction houses has put the pandemic behind it, thanks mainly to millennials who splurged on everything from designer watches to digital artworks.
After suffering double-digit sales…
How Christie’s Is Pitching Its Expansion From Picassos to NFTs
The Christie’s auction house may summon images of richly-priced art, wealthy buyers with small paddles and intense specialists taking bids at a phone bank. But that’s been changing. This year, the company has sold $136 million in…
WSJ News Exclusive | Sotheby’s to Auction 11 Picasso Paintings With Links to Steve Wynn at the…
LAS VEGAS— MGM Resorts International has enlisted Sotheby’s to come to Las Vegas to auction off a cache of Pablo Picasso paintings amassed years earlier by casino magnate Steve Wynn. The 11 Picassos to be sold have long been…
Want to Buy a Luxury Watch? Read These 7 Pro Tips First
PERHAPS YOU’VE hit a milestone—a new job, an anniversary, a first pregnancy. Perhaps you’ve stumbled upon a watch enthusiast’s Instagram feed and are intrigued. Perhaps you’ve simply looked down at your naked wrist and thought,…
Christie’s Sells $3.5 Billion of Art in First Half of 2021
After a turbulent year, Christie’s said Tuesday that millennials in Asia and cryptocurrency collectors are splurging on blue-chip art, bidding up everything from jewelry to Jean-Michel Basquiat.Christie’s sold $3.5 billion of art during the…
Internet’s Original Source Code Sold as NFT for $5.4 Million
The original files of the source code for the World Wide Web were sold Wednesday as a nonfungible token, or NFT, for $5.4 million, the latest in a string of digital collectibles to fetch upward of a million dollars.
The…
Sotheby’s, Christie’s Expect to Sell $1 Billion in Art at Spring Auctions
New York’s top auction houses Sotheby’s and Christie’s will attempt to auction at least $1 billion in art during a series of in-person and live-streamed sales starting Tuesday next week, marking a return to a somewhat normal rhythm after a…
Art World Players Rethink the Auction Marketplace
Collectors have long enlisted dealers or auction houses to help resell their art holdings because such insiders typically have up-to-date pricing data and access to potential buyers.
Now, in the latest challenge to the…