Sotheby's

Italy has witnessed a sudden, perhaps unexpected, surge in its auction scene with a series of record-breaking sales at Sotheby’s, the most remarkable of which has been the Milan sale of a cycle of Tiepolo canvases on May 30.

Auction house acquire leading Old Master dealer with debts of $26m

Hedge funds continue to stake a claim on big-ticket names

SOTHEBY’S have recorded a 30 per cent rise in first quarter revenues from 2005, with the 2006 total coming in at $96m.

Pablo Picasso has become the ultimate luxury brand. On May 3 at Sotheby’s New York Picasso’s rare and iconic 1941 portrait, Dora Maar au chat, became the world’s second most expensive painting when it sold for $85m (£48.3m) to a mystery buyer in the room, widely presumed to be representing a Russian oligarch.

SOTHEBY’s have hit back at claims that investors are losing confidence in the art market despite the company’s biggest shareholder selling their entire stake.

The current boom in the market for Chinese Contemporary paintings could hardly be better illustrated than by the way sale statistics have been leapfrogging around the globe in the last couple of weeks.

The enormous potential of the market for contemporary Chinese art was dramatically underlined by almost frenzied scenes at Sotheby’s (20/12% buyer’s premium) eagerly awaited March 31 Contemporary Art Asia sale in New York.

50-stand event planned at Sotheby’s

London: droit de suite holds no fears

A cache of William Blake watercolours, unearthed in a Glasgow bookshop five years ago, are to be sold in New York after attempts to keep them together in the United Kingdom have failed.

New buyers help records tumble as London reinforces its importance

THE Art Loss Register has announced the recovery of four valuable paintings stolen 27 years ago in a £30m theft.

Alongside the Americana offered in the New York salerooms earlier this month, there was a strong representation of early English ceramics. Sotheby’s January 20 sale of the pottery collection of Harriet Carlton Goldweitz was followed the next day by Christie’s auction of the Mrs J. Insley Blair collection, which included some key Staffordshire productions alongside its blue chip American furnishings.

imminent changes to the furniture and objects sales at two London rooms underscore the need to woo private, home-furnishing buyers and bolster more traditional sectors of the auction market.

WEDNESDAY, December 14 sees Thomas Del Mar Ltd’s inaugural sale of arms and armour at Sotheby’s Olympia.

Sotheby’s have extended their credit facility by $50m to $250m, bringing them greater room for manoeuvre in competing for business.

EC&O agree ten-year lease as they drop MGM partnership

The emerging class of wealthy Chinese buyers continues to boost the top-end of the art and antiques market in the Far East. So it wasn’t a huge surprise that Sotheby’s set a house record in this autumn’s Hong Kong series, taking HK$850.9m (£61.7m) from seven sales.

Red tape continues to delay compensation payments in the Sotheby’s/Christie’s collusion case, despite assurances that they would be made by the end of September.