HomeCategorySotheby's View Archives - Arts & Collections

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Private sales are generating a lot of business for auction house like Sotheby’s. But how does this discreet sector of the market operate? Auction houses like Sotheby’s are perhaps mostly associated with the excitement of live auctions (whether in person on online), but there’s another side to the business which is less well-known. Private Sales works discreetly and seamlessly with buyers and sellers of world-class works of art throughout the year, independent of the auction...

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A portrait by Sandro Botticelli has sold for $92m (£67m) at an auction at Sotheby’s in New York, breaking the sale record for the Italian renaissance painter. The painting Young Man Holding a Roundel is believed to have been painted in the 1470s or 1480s and is considered one of Botticelli’s finest works. Masterpiece Sotheby’s senior vice president Christopher Apostle described the painting as a “masterpiece” ahead of the auction. He said: “This Botticelli is...

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As 2020 draws to a close, the international auction house looks back to discover some of the incredible moments and insights that defined this time of change. Online is where the action is Sharing the beauty of art and objects from afar brought us together in new and exciting ways, and led to memorable seasons underscored by innovation, adaptation and market leadership. The marketplace swiftly pivoted online, in 2020 70% of all auctions took place...

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Pseudonymous street artist Banksy’s 2005 work Show Me The Monet has sold for $9.8 million at Sotheby’s in London. The second most expensive Banksy piece the art world has seen at auction, the piece is a parody of Monet’s water lily paintings with added traffic cones and shopping trollies. Sotheby’s said the piece “presents a dialogue on the impact of the corporate world on our environment and the sacrifices made at the expense of so-called...

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A 102.39 carat D Flawless oval diamond auctioned by Sotheby’s Hong Kong has sold for what experts call a ‘bargain price’ of US$15.7 million. The sale has broken the world record for the highest value ever bid for a jewel in an online auction. The highest price previously paid for a jewel in an online auction was $2.1 million at Christie’s in July for a 28.86 carat diamond. The 102.39-carat diamond sold by Sotheby’s is described...

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On October 5th 2020, Sotheby’s presents one of the rarest and most coveted wonders of nature: a highly important 102.39 carat D Colour Flawless Oval Diamond. See also: Sotheby’s Diamond Goes for “Bargain Price” Only seven D colour Internally Flawless or Flawless white diamonds over 100 carats have been sold at auction, making this the eighth. In an unprecedented move, this perfect diamond will be offered without reserve. This approach marks the first time in...

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Nike Air Jordan 1 sneakers game-worn by basketball hero Michael Jordan in 1985 sold at auction at Sotheby’s for $560,000 – the new world auction record for any pair of sneakers, surpassing the previous record set at Sotheby’s for the Nike 1972 Nike Waffle Racing Flat ‘Moon Shoe’ sold for $437,500 in July 2019. Following a bidding war which drove the value up by $300,000 within the final twenty minutes of the sale, the pair...

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It’s 80 years since Winston Churchill became Prime Minister of Great Britain, and Sotheby’s is marking the turbulent years of the great man with an online auction of many of his personal effects in New York from 10th-20th of May. Sir Winston Churchill is remembered as one of the greatest leaders and politicians to ever lead a nation, and his clear-headedness, resolution and rhetorical skills are regarded as major elements in the struggle for victory...

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Known for its breathtaking beaches and beautiful landscapes, Barbados brims with a rich and vibrant artistic heritage. The birthplace of musical icon Rihanna and legendary cricketing giant Sir Garfield Sobers, this 166 square mile jewel in the Caribbean Sea is a treasure-trove of creatives, whose talents are not only reflected within its shores but have also made waves around the globe. While culturally Barbados was born out of a blending of West African and British...

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The following statement from Sotheby’s was distributed today, Monday 16th March 2020: An Update from Charles F. Stewart, CEO “Needless to say, the last few weeks have been very challenging as we grapple with the health, safety and market effects of the COVID-19 virus spread. Our top priority has been to ensure the safety of our employees and clients, and we are responding accordingly. As a global business, we have been reacting to the virus...

Unique in its broad international coverage of both arts and cultural events, Arts & Collections covers fine art from antiquity to modern times, auction records, a special sale preview by Sotheby’s, as well as market trends that inform collectors of the world’s finest items.

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