HomeCategory

Sotheby's View Archives - Arts & Collections

Arts & Collections Magazine keeps you up-to-date with the ever changing Auction market and future auctions courtesy of Sotheby’s Auction House.
Magritte Painting Sets New European Record at Sotheby’s

A painting by René Magritte, L’empire des Lumières (1961) set a record for the highest price ever paid for a painting in GBP in Europe, as well as tripling the artist’s record, when it sold for £59,422,000 ($79.8 million) at Sotheby’s London. The Modern & Contemporary Evening Auction on March 2nd saw some remarkable sales successes, with the combined sales total soaring to £221.4 / $297.2 million, the highest total ever achieved in a single...

Sotheby’s Sells World’s Largest Cut Diamond for £3.2m

The world’s largest cut diamond, thought to have come from outer space, has been sold by Sotheby’s for £3.2m. The billion-year-old, 555.55 carat black diamond entitled ‘the Enigma’, went under the hammer on the Sotheby’s online auction taking place from 3rd – 9th February. It didn’t achieve the stellar price expected, selling for £3.2m ($4.3m) on an estimate of $4m to $7m. Enigma, which possesses 55 facets, is designed in honour of the Middle Eastern...

Macklowe Collection Auction Smashes Records for Sotheby’s

The highly anticipated sale of The Macklowe Collection at Sotheby’s realised a total of $676.1 million on the strength of fresh-to-market masterpieces by the most important artists of the last 80 years. Highlights of the evening included Mark Rothko’s No. 7, which sold for $82.5 million, Albert Giacometti’s Le Nez, which achieved $78.4 million, Jackson Pollock’s Number 17, 1951, which more than doubled its low estimate to achieve $61.2 million, a new artist record, and...

William Grant & Sons Donates to Historic Whisky Auction

William Grant & Sons has made a historic donation to the inaugural Worshipful Company of Distillers’ charity auction, The Distillers One of One, taking place with Sotheby’s at Barnbougle Castle at 1.00pm on 3rd December 2021. It’s hoped the auction will raise in excess of £1 million for Scottish charities. A leading Rare Whisky House, which combines Glenfiddich, The Balvenie and ‘lost gem’ distillery, Ladyburn, William Grant & Sons is providing a unique lot from...

Banksy’s ‘Love is in the Bin’ Sells for a Record £18.6m at Sotheby’s

The world-renowned partially shredded Banksy artwork, Love is in the Bin, previously known as Girl with Balloon prior to the self-destruction, has sold for a record-breaking £18,582,000 at Sotheby’s in London on Thursday. The original piece had attracted attention from all across the world three years ago, when the artist went on to operate the shredding mechanism of the artwork after it went under the hammer for £1m in 2018. Love is In the Bin...

The Dalmore Decades Secures Over £800,000 at Sotheby’s

The Dalmore Decades Highland Single Malt has achieved a record sale of HK$8,750,000/US$1,124,000 for a one-of-one, exceedingly rare collection of six extraordinary whiskies at Sotheby’s in Hong Kong. The Dalmore Decades No.6 Collection, the only complete set of The Dalmore Decades, sold as a dedicated single lot auction. This price achieved represents the highest value for a whisky lot sold at Sotheby’s so far this year and the most valuable whisky lot ever sold by...

Sotheby’s Announces Dates For Macklowe Collection Sale

This morning, Thursday 9th September, at a global livestream event, Sotheby’s revealed details of the forthcoming landmark sales of The Macklowe Collection – one of the most important art collections, of any kind, ever to come to the market. See also: Macklowe Collection Auction Smashes Records for Sotheby’s Each of the 65 works is a consummate masterpiece in its own right; together they constitute an unrivalled ensemble that charts the high points of Western artistic...

How Sotheby’s Private Sales Work Discreetly for Buyers and Sellers

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...

Botticelli Sells for Record $92m at Sotheby’s New York

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...

How Sotheby’s Transformed in an Unprecedented Year

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...

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.

© 2020 Arts & Collections - All Rights Reserved