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Auctions to Basquiat, Magritte, and O’Keeffe

The New York art market is gearing up for a high-stakes auction season this November, with top auction houses presenting works by celebrated artists such as Jean-Michel Basquiat, René Magritte, and Georgia O’Keeffe, among others. Following strong sales in London and Paris,

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Christie’s Opens New Asia Headquarters

On September 20, Christie’s auction house officially opened its new Asia Pacific headquarters in The Henderson, a newly developed office building in Hong Kong’s Central district. This is Christie’s third major auction house to expand its footprint in the city, following Phillips

“Nymphéas” Awaits for Hong Kong

In an art world abuzz with anticipation, Claude Monet’s revered “Nymphéas” (1897–99) is poised to take center stage at Christie’s inaugural evening sale at their newly minted Asia headquarters in Hong Kong this September 26. As the auction house sets the stage

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Christie’s Reports Significant Drop in Auctions

In a morning conference call with reporters, Christie’s CEO Guillaume Cerutti and other executives provided an overview of the auction house’s performance for the first half of the year. In summary, the results were disappointing. Christie’s recorded auction sales totaling $2.1 billion

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From Plastic Bag to Record Sale

An early work by Venetian master Titian, once found in a plastic bag after being stolen, has fetched a jaw-dropping £17.6 million at Christie’s in London. This sale sets a new world record for the artist, showcasing the 1510 painting Rest On

Christie’s Hit with Class-Action Lawsuit

A few weeks after a major cyberattack took down its website during the peak of auction season, Christie’s is now facing a class action lawsuit. The suit alleges negligence, breach of implied contract, unjust enrichment, and violation of the New York Deceptive

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Elton John’s First Collection Sale in 21 Years

Elton John is selling 900 items from his former Atlanta penthouse beginning on February 21 in a series of auctions at Christie’s estimated to gross $10 million. Last fall, John, together with husband and manager David Furnish, sold their 13,000-plus-square-foot Atlanta residence

Art Under COVID-19

Since national lockdowns started in mid-March, global economies have slowed to a great extent. The art world has been hit even harder, as it is a market based on social interactions and networks. The trend of falling market values correlates with economic