Sotheby’s View

Sotheby’s Contemporary Art Auction Makes $362.6 Million

Sotheby’s Contemporary Art Evening Auction concluded in New York with an increase of 16.9 percent over the same sale in 2017. The auction was led by Gerhard Richter’s extraordinary Abstraktes Bild (1987)—which sold for $32 million. Measuring over 100 inches in both height and weight, only five of the 18 works from this period in Richter’s career remain in private hands. After the contemporary art auction on 14 November, Sotheby’s now holds the top five...
Marie Antoinette’s Pendant Makes $36 Million at Record Auction

Sotheby's ViewMarie Antoinette’s Pendant Makes $36 Million at Record Auction

Unseen by the public for two centuries, Marie Antoinette’s diamonds and pearls went under Sotheby’s hammer as part of one of the most important royal jewellery collections ever to come to auction. The auction took place in the Swiss city of Geneva on Thursday 15 November and, out of more than 100 lots, included 10 breathtaking treasures that belonged to the ill-fated Queen of France. The major collection—held by the Italian royal House of Bourbon-Parma...
Record-breaking Magritte Masterpiece Leads Sotheby’s $315.4 Million Evening Sale of Impressionist & Modern Art

Sotheby's ViewRecord-breaking Magritte Masterpiece Leads Sotheby’s $315.4 Million Evening Sale of Impressionist & Modern Art

Sotheby’s Evening Sale of Impressionist & Modern Art saw René Magritte’s portrait of patron Edward James, Le Principe du Plaisir (The Principle of Pleasure) (1937), fetch $26.9 million—a new world auction record for the artist. The portrait of one of the most influential patrons of surrealist art—introduced to Magritte by Salvador Dalí in 1937—well exceeded its highest pre-sale estimate of $20 million, after a bidding battle between seven collectors. Commissioned by James himself, the work...
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