New York's Andrew W. Mellon Foundation and the J. Paul Getty Trust, Los Angeles, have pledged $13 million toward a "grand bargain" to protect the collection of the Detroit Institute of Arts (DIA) from seizure as part of the city's bankruptcy...
New York's three main art auction houses—Christie's, Sotheby's and Phillips—this month sold a staggering $2.2 billion in art, from Impressionist to contemporary, over 11 day and evening sales.
Led by an $84.2-million Barnett Newman, Christie's New York pulled off another record auction last night, selling $744.9 million in contemporary art over a two-and-a-half-hour sale in a jam-packed salesroom. The tally was the highest auction total...
Records were set for Joe Bradley, Dan Colen, Peter Doig, Wade Guyton, On Kawara, Martin Kippenberger, Glenn Ligon, Adam McEwen, Richard Prince, R.H. Quaytman and Thomas Schütte.
The Impressionist and modern art auction had been estimated at between $245 and $360 million.
Over $680 million in Impressionist and modern artworks will go on the auction block next month during the New York evening sales at Christie's and Sotheby's.
The most expensive artwork ever to sell at auction will soon be on public view.
Christie's New York achieved the highest total in auction history Tuesday at its postwar and contemporary art sale, which totaled $691.6 million, near the high estimate for the night.
"A billion-dollar contemporary art sale will happen soon enough," Christie's specialist Koji Inoue told A.i.A. at a press preview.
A group of 14 modernist works by artists including Moholy-Nagy, Picabia and Giacomo Balla buoyed Sotheby's Impressionist and modern art evening sale last night after two nights of doldrums at Christie's.
Despite the presence of big names like Picasso and van Gogh, and notwithstanding a record set for an Alberto Giacometti oil, Christie's New York got the fall auction season off to a lackluster start last night.
A group of 14 rare modernist works by artists including Picabia, Moholy-Nagy and Mondrian is expected to ring up for as much as $92 million at auction next week at Sotheby's New York. These paintings, coming from an unnamed European seller, will be...
The seasonal battle for trophies between New York's two main auction houses is on, with both Christie's and Sotheby's offering works by Pop master Andy Warhol. Sotheby's will offer Silver Car Crash (Double Disaster), 1963, a 13-foot-wide, two-panel...
An Andy Warhol depiction of a Coca-Cola bottle may fetch as much as $60 million at auction this fall.
A shareholder in Sotheby's auction house has called for the resignation of CEO William Ruprecht in a letter filed with the Securities and Exchange Commission today.
Nobody walks anywhere in Houston. But the urban sprawl, traffic jams and punishing sunshine lent an opportune context for a Christie Blizard walking/painting performance on Saturday that was part of the current Texas Biennial (through Nov. 9).
As assets owned by the city, the museum's holdings may be subject to possible sale to satisfy the city's debts, which are estimated to be as high as $18 billion. Experts have speculated that the museum's collection could bring $2 billion.
The home country of Mahatma Gandhi, the Taj Mahal and the Hindu faith will soon play host to a new auction house.