Sotheby’s Shareholders Attempt to Stop $2.7 Billion Purchase of Auction House by BidFair

Investors Eli Goffmna and Shiva Stein have sued the auction house in New York, citing “incomplete and misleading disclosures about the deal,” according to a Bloomberg report. Read More

The post Sotheby’s Shareholders Attempt to Stop $2.7 Billion Purchase of Auction House by BidFair appeared first on ARTnews.

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Claude Monet’s Haystack Will Hit the Auction Block at Sotheby’s New York in May with $55 M. Estimate

The current record for a work by the artist now stands at $84.7 million. Read More

The post Claude Monet’s Haystack Will Hit the Auction Block at Sotheby’s New York in May with $55 M. Estimate appeared first on ARTnews.

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‘We Are Disappointed but Not Surprised’: After First Round of Sales, Berkshire Museum Pulls in $42 M., Below $55 M. Goal [Updated]

The museum’s leadership has the option of selling off 26 more works in order to reach that figure. Read More

The post ‘We Are Disappointed but Not Surprised’: After First Round of Sales, Berkshire Museum Pulls in $42 M., Below $55 M. Goal [Updated] appeared first on ARTnews.

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Sotheby’s $79.9 M. Postwar and Contemporary Sale Led by Warhol, Basquiat, Warhol-Basquiat Collaboration

Sotheby’s notched a solid postwar and contemporary evening sale in London tonight, pulling in £62.4 million ($79.9 million) and managing to sell all but one of the 41 lots on offer, for a sell-through rate of 95 percent.The haul was up 54 percent … Read More

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Klimt Landscape, Estimated at Over $45 M., Will Lead Sotheby’s Imp-Mod Sale in London

It’s a big week for fans of Viennese symbolist painter Gustav Klimt!On Wednesday, Bloomberg’s Katya Kazakina revealed that Oprah Winfrey had parted with Klimt’s Portrait of Adele Bloch-Bauer II (1912) for $150 million, in a private deal brokered by Larry Gagosian that … Read More

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