Christie’s, the 258-year-old British auction house best known for selling masterpieces like da Vinci’s Salvator Mundi, has been one of the most high-profile traditional institutions to embrace digital ...
Following a splashy move from Sotheby’s, Bonhams is the next auction house to upgrade to a museum-worthy space in New York. But despite new flagships and record-breaking sales, the art market is still ...
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Auction Houses Are Plugging the $3 B. Gap Left by Tanking Art Sales with Luxury Proceeds
Editor's Note: This story originally appeared in On Balance, the ARTnews newsletter about the art market and beyond. Sign up here to receive it every Wednesday. At Sotheby's Paris last month, a ...
As we settle into a new year and a fresh auction season begins, the question looms: can the major houses turn the tide? Adrien Meyer selling the top lot of the evening, Rene Magritte’s L’empire des ...
Welcome to the new Bonhams HQ, where the auction house is demystifying the business of selling art and reacquainting ...
“If I was rich-rich I would be buying art like a maniac,” a well-heeled millennial collector told me recently. I’ve seen galleries trying to drum up business by offering 25 percent discounts on their ...
When you buy through links on our articles, Future and its syndication partners may earn a commission. Credit: Holly Herndon and Mat Dryhurst / AI We've already seen auction houses start to flirt with ...
Sky-high pricey artworks may not be flying off the auction block right now, but the art market is actually doing just fine. That’s a key takeaway from a 190-plus page report written by Art Economics ...
The category is drawing younger customers in droves.
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