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A woman claiming to be the sole heir of Margarethe Lieser has filed a lawsuit in New York State Supreme Court seeking restitution of Gustav Klimt's "P…
restitutionJun 5, 2026
Global auction totals saw a significant rebound in 2025, rising 13.3 percent compared to the previous year after a prolonged period of decline. The la…
marketApr 16, 2026
Veteran art advisor Patti Wong, who left Sotheby's after three decades to start her own firm, analyzes a significant recalibration in the auction mark…
marketApr 1, 2026
Christie's, Phillips, and Sotheby's spring marquee auctions in Hong Kong generated a combined $164.9 million, an 18% increase from the equivalent sale…
marketMar 30, 2026
A secret, invitation-only auction for a single Andy Warhol portrait of Brigitte Bardot was held at a private bar in New York on November 19, 2025, dur…
marketMar 26, 2026
The art auction market showed signs of recovery in 2025, with total sales increasing for the first time since 2021, driven by a strong late-season sur…
marketMar 25, 2026
Gustav Klimt's final portrait, 'Dame mit Fächer (Lady With a Fan),' sold for £85.3 million ($108.4 million) at Sotheby's London, setting a new record …
marketFeb 9, 2026
After a turbulent start marked by gallery closures and market contraction, the art market in 2025 rebounded decisively, driven by a secondary-market s…
marketDec 31, 2025
The article reports on the ten most expensive auction lots of 2025, led by Gustav Klimt's 'Bildnis Elisabeth Lederer (Portrait of Elisabeth Lederer)' …
marketDec 19, 2025
In 2025, the art market faced significant challenges, including gallery closures and unfavorable auction results in the first three quarters, driven b…
marketDec 18, 2025
Artnet News analyzed the 10 most expensive lots sold at auction in 2024, drawing on the Artnet Price Database. The top lot was René Magritte's *L'Empi…
marketDec 8, 2025
Art dealer Jeffrey Deitch shared his impressions of New York's $2.2 billion auction week, praising Sotheby's for its acquisition of the Breuer Buildin…
marketDec 2, 2025
New York's spring auction season concluded with a dramatic five-day marathon across Sotheby's, Christie's, and Phillips, generating a combined $2.2 bi…
marketDec 2, 2025
Sotheby's three-part modern art evening auction in New York on Thursday night achieved a total of $304.6 million, a dramatic increase from the $93.1 m…
marketNov 25, 2025
On Thursday night, Sotheby’s held a three-part sale of Impressionist, Modern, and Surrealist art at the Breuer Building in New York, generating $304.6…
marketNov 21, 2025
Sotheby's held three back-to-back evening sales in New York on November 20, achieving a combined total of $252.9 million ($304.5 million with fees). T…
marketNov 21, 2025
On Thursday night, Sotheby’s concluded a week of evening sales with a three-part modern art auction that achieved $304.6 million, far exceeding its pr…
marketNov 21, 2025
Christie's and Sotheby's November marquee auctions in New York generated a combined $1.4 billion, with Sotheby's achieving a record $706 million from …
marketNov 19, 2025
Gustav Klimt's 'Portrait of Elisabeth Lederer' (1914–16) sold for $236.4 million at Sotheby's New York on November 18, 2025, after 20 minutes of biddi…
marketNov 19, 2025
Sotheby's achieved a record-breaking $706 million auction night at its new global headquarters in the Breuer Building, New York, the highest total in …
marketNov 19, 2025
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