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The market for the relatively esoteric Italian art movement of the mid-1960s known as Arte Povera (Poor Art) took a giant leap forward at Christie’s on Tuesday evening with a single-owner sale that earned £38,427,400 ($63,020,930).
LAST UPDATE : Feb 12, 2014, 7:25 AM EST
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The mid-season round of London auctions got off to a meteoric start at Christie’s on Tuesday night with a rich mix of Impressionist, Modern and Surreal works selling for a total of £176,986,000.
LAST UPDATE : Feb 05, 2014, 4:27 AM EST
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Annenberg Foundation buys two dozen Native American artefacts and will return them to the Hopi tribe, which had mounted legal challenges to their sale by a French auction house.
LAST UPDATE : Dec 11, 2013, 6:52 PM EST
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Chinese-French artist Zao Wou-ki’s "Abstraction" sets auction record for the artist.
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A Sotheby’s auction curated by Apple's Jony Ive and fellow designer Marc Newson raises $26 million for U2 musician Bono’s Global Fund to fight AIDs in Africa.
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Tobias Meyer seen as casualty in war between auction house and arch-rival Christie's to land high-profile consignments to sell.
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Two-bottle lot of World War 1 Moet & Chandon from the champagne house's own cellars part of sale to mark Moet's 270th anniversary.
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Hedge fund billionaire and active art collector put his largest single group of works under the hammer at this week's contemporary art auctions at Sotheby's and Christie's in New York.
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Auction house reports a smaller-than-expected third-quarter loss of 44 cents a share on revenue up 58% at $107.9 million.
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Wall Street analysts expect auction house Sotheby’s to report a third-quarter loss of 47 cents a share on revenue of $70.3 million, little changed from a year earlier.
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