Phillips Phillips 20th Century & Contemporary Art Evening Sale on November 15th in New York totaled $138,977,600 with fees. – Key highlights of the sale included the Twombly, the Grotjahn and the Basquiat. Sale Snapshot Pre-sale Estimate: Pre-sale Estimate: $114,800,000 — $159,540,000 Hammer: Hammer: $115,710,000 Hammer & Buyer’s Premium Total (As Published…

Sotheby’s Modern Evening Sale and The Collection of David M. Solinger Sotheby’s The David M. Solinger Collection Evening Auction on November 14th in New York totaled $116,380,000 hammer against a low estimate of $86,700,000. – Key highlights of the sale included the de Kooning, the Giacometti and the Miró. Sale…

By the numbers — Microsoft co-founder Paul Allen’s estate made auction history on Wednesday when a group of artworks from his estate sold for $1.62 billion, smashing the record for priciest collection ever sold at auction. Allen surpasses the previous record for the most valuable private collection ever auctioned, set when divorcing spouses Harry…

Visionary: The Paul G. Allen Collection Part I Christie’s, November 9th in New York Part I totaled $1,297,750,000 hammer against a low estimate of $1,064,900,000. Key highlights of the sale included the Seurat, the Cézanne, and the Van Gogh. Pre-sale Estimate: $1,064,900,000 — $1,230,300,000 Hammer: $1,297,750,000 Hammer & Buyer’s Premium Total (As Published by House): $1,506,386,000 Lots Offered…

VATICAN CITY — Lobus was thrilled to participate 14th Deloitte Art & Finance Conference in Vatican City. The day opened with keynote addresses from Deloitte’s Adriano Picinati di Torcello, who oversees Deloitte’s Global Art & Finance efforts and Msgr Lucio Adrián Ruiz, Secretary of the Dicastery for Communication of the…

Written by Oscar Holland, CNN While it is an indisputable cultural capital, Paris has long been overlooked as a place to buy and sell contemporary art. …

KKR, Blackstone, Brookfield and others are all investing heavily — in song catalogues. There was Pink Floyd. As reported in the Financial Times, interest from a wide group of investors and music companies including Blackstone, Sony Music, and Warner Music, Pink Floyd was expected to fetch more than $500 million…

MARKET INTELLIGENCE London Auctions & Frieze London 2022 Show Robust Pricing Frieze “Has Frieze Become an Unofficial Fashion Week?” asked the New York Times. All media outlets reported strong results — despite Britain’s economy, the stock market and inflationary environment. “This is fine. You can’t have too many people,” said David Zwirner, the New York-based gallerist, surrounded by a scrimmage…

Reshaping ownership proofs in the fine art markets has been one of the blockchain’s clearest real-world use cases. But in recent months as top auction houses have embraced NFTs and popular artists experiment with the crypto medium, that future has seemed more tangible than ever before. The ex-Christie’s and Sotheby’s…