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#art-market

Large Ed Rusha gas station painting could bring more than $50m at Christie's after star turns at Lacma and MoMA

The painting is expected to break Ed Ruscha's auction record, potentially selling for over $50 million.
It is one of the last large-scale canvases from the 1960s in private hands.

The Year in Review: art market slump squeezes biggest players and Frieze for sale

The high-end art market is experiencing significant contraction, impacting major auction houses and galleries with layoffs and closures.

Christie's results are down 'only' 6% in 2024, 'despite challenging environment'

Christie's faced a decrease in sales for the second year in a row, netting $5.7bn in 2024.

Comment | Popping the hood on the luxury car market

Luxury goods, including classic cars, are becoming significant contributors to auction houses' revenues as interest in fine art fluctuates.

Christie's will become first global auction house to operate in Saudi Arabia

Christie's aims to tap into Saudi Arabia's growing art market as the first international auction house with a permanent presence.
Nour Kelani's leadership is expected to drive engagement with both established and next-generation art collectors in the Kingdom.

Christie's Is Getting Back Into the Car Auction World in a Big Way

Christie's acquisition of Gooding & Company signifies a strategic move into the automotive auction market amidst art market fluctuations.

Large Ed Rusha gas station painting could bring more than $50m at Christie's after star turns at Lacma and MoMA

The painting is expected to break Ed Ruscha's auction record, potentially selling for over $50 million.
It is one of the last large-scale canvases from the 1960s in private hands.

The Year in Review: art market slump squeezes biggest players and Frieze for sale

The high-end art market is experiencing significant contraction, impacting major auction houses and galleries with layoffs and closures.

Christie's results are down 'only' 6% in 2024, 'despite challenging environment'

Christie's faced a decrease in sales for the second year in a row, netting $5.7bn in 2024.

Comment | Popping the hood on the luxury car market

Luxury goods, including classic cars, are becoming significant contributors to auction houses' revenues as interest in fine art fluctuates.

Christie's will become first global auction house to operate in Saudi Arabia

Christie's aims to tap into Saudi Arabia's growing art market as the first international auction house with a permanent presence.
Nour Kelani's leadership is expected to drive engagement with both established and next-generation art collectors in the Kingdom.

Christie's Is Getting Back Into the Car Auction World in a Big Way

Christie's acquisition of Gooding & Company signifies a strategic move into the automotive auction market amidst art market fluctuations.
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#art-auction

Works by Basquiat, Haring and Hockney help Christie's 21st century evening sale net a healthy $106.5m

Christie's auction on November 21 set 11 artist auction records and generated $87.47 million in sales despite adverse weather conditions.

Christie's to Offer Blockchain-Based Ownership Certificates for Photography Collection

Christie's is integrating blockchain technology into art auctions through digital certificates of ownership for physical art collections.

Monet 'Water Lily' painting to headline inaugural sale at Christie's new Hong Kong headquarters

Christie's Hong Kong sale features a rare Monet painting, marking its auction debut and highlighting increasing demand for iconic Western art in Asia.

Magritte gets star billing at Christie's $460m 'solid as a rock' evening auction

The evening auction totalled $410 million, highlighting a strong market for 20th century art led by Mica Ertegun's collection.

'Cyberattack' shutters Christie's site days before auction

Christie's website faced a technology security issue, leading to its temporary shutdown right before a planned art auction.

MFA Boston's Old Master paintings could bring up to $3.8m at auction

MFA Boston is auctioning 17 deaccessioned Dutch and Flemish paintings to raise funds for future acquisitions.

Works by Basquiat, Haring and Hockney help Christie's 21st century evening sale net a healthy $106.5m

Christie's auction on November 21 set 11 artist auction records and generated $87.47 million in sales despite adverse weather conditions.

Christie's to Offer Blockchain-Based Ownership Certificates for Photography Collection

Christie's is integrating blockchain technology into art auctions through digital certificates of ownership for physical art collections.

Monet 'Water Lily' painting to headline inaugural sale at Christie's new Hong Kong headquarters

Christie's Hong Kong sale features a rare Monet painting, marking its auction debut and highlighting increasing demand for iconic Western art in Asia.

Magritte gets star billing at Christie's $460m 'solid as a rock' evening auction

The evening auction totalled $410 million, highlighting a strong market for 20th century art led by Mica Ertegun's collection.

'Cyberattack' shutters Christie's site days before auction

Christie's website faced a technology security issue, leading to its temporary shutdown right before a planned art auction.

MFA Boston's Old Master paintings could bring up to $3.8m at auction

MFA Boston is auctioning 17 deaccessioned Dutch and Flemish paintings to raise funds for future acquisitions.
moreart-auction

Aaron Kirman stresses independence after Compass acquisition

Aaron Kirman asserts that Christie's International Real Estate Southern California remains independent and unchanged despite Compass' acquisition of Christie's brand.

From ordinals to ownership: Christie's explores new frontiers of blockchain-based provenance

Christie's is pioneering the integration of blockchain technology into art ownership, merging traditional collecting with modern digital practices.
#art-auctions

Pricking the art market bubble?

The auction houses are experiencing a selective market with fewer guarantees, highlighting a shift in the art sales landscape during Frieze London week.

The new auction calendar: everything, everywhere, at every opportunity

The auction market is adjusting to economic challenges and shifting calendars after major art fairs, aiming for quality over quantity.

'A statement in difficult times': Christie's opens new Hong Kong headquarters

Christie's is reaffirming its commitment to Hong Kong despite economic challenges, emphasizing its long-term vision for the region.

Pricking the art market bubble?

The auction houses are experiencing a selective market with fewer guarantees, highlighting a shift in the art sales landscape during Frieze London week.

The new auction calendar: everything, everywhere, at every opportunity

The auction market is adjusting to economic challenges and shifting calendars after major art fairs, aiming for quality over quantity.

'A statement in difficult times': Christie's opens new Hong Kong headquarters

Christie's is reaffirming its commitment to Hong Kong despite economic challenges, emphasizing its long-term vision for the region.
moreart-auctions
#auction

Magritte painting could bring more than $95m at Christie's marquee New York sales this autumn

A rare Magritte painting from the L'empire des lumières series is expected to sell for over $95m, setting a potential record for the artist.

Christie's Rockefeller Center will turn into an Elton John extravaganza this week

Elton John's prized possessions will be put on display at Christie's auction house in New York.
The exhibit is free and open to the public.

Masterpieces from the Barbier-Mueller African and Oceanic Art collection to be sold at Christie's in Paris

The prestigious Barbier-Mueller African and Oceanic Art Collection will be auctioned at Christie's in Paris on 6 March.
The decision to sell a portion of the collection follows the sudden death of Thierry Barbier-Mueller, who was a collector of contemporary art and design.

Magritte painting could bring more than $95m at Christie's marquee New York sales this autumn

A rare Magritte painting from the L'empire des lumières series is expected to sell for over $95m, setting a potential record for the artist.

Christie's Rockefeller Center will turn into an Elton John extravaganza this week

Elton John's prized possessions will be put on display at Christie's auction house in New York.
The exhibit is free and open to the public.

Masterpieces from the Barbier-Mueller African and Oceanic Art collection to be sold at Christie's in Paris

The prestigious Barbier-Mueller African and Oceanic Art Collection will be auctioned at Christie's in Paris on 6 March.
The decision to sell a portion of the collection follows the sudden death of Thierry Barbier-Mueller, who was a collector of contemporary art and design.
moreauction

Christie's to acquire classic car auction house

Christie's is acquiring Gooding & Company to diversify its luxury offerings and reenter the collector car industry.
#cyberattack

Ransomware Group Claims Responsibility for Christie's Hack

A hacker group named RansomHub claimed responsibility for a cyberattack on Christie's website, threatening to release sensitive data including wealthy art collectors' information.

Christie's confirms RansomHub stole data on 45K clients

Christie's experienced a cyberattack affecting 45,798 individuals, with data theft including names and ID document numbers.

Ransomware Group Claims Responsibility for Christie's Hack

A hacker group named RansomHub claimed responsibility for a cyberattack on Christie's website, threatening to release sensitive data including wealthy art collectors' information.

Christie's confirms RansomHub stole data on 45K clients

Christie's experienced a cyberattack affecting 45,798 individuals, with data theft including names and ID document numbers.
morecyberattack

Christie's response to cyber attack underscores the fine art of resilience

Christie's website taken offline due to technology issue before major events, causing concern about personal data security and cyberattack.
#auctions

Why Christie's First Bitcoin Inscriptions Auction Matters

NFTs faced backlash due to financialization and environmental concerns, but art industry embraced them
Christie's expanding into NFT market with auctions, investments, and its own marketplace

New initiative between Art Money and Christie's will allow collectors to bid at auction and pay over time in instalments

Collectors can bid at Christie's auctions and pay in instalments through Art Money, empowering them to make stronger bids without needing upfront cash.

Why Christie's First Bitcoin Inscriptions Auction Matters

NFTs faced backlash due to financialization and environmental concerns, but art industry embraced them
Christie's expanding into NFT market with auctions, investments, and its own marketplace

New initiative between Art Money and Christie's will allow collectors to bid at auction and pay over time in instalments

Collectors can bid at Christie's auctions and pay in instalments through Art Money, empowering them to make stronger bids without needing upfront cash.
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