Sales Report New York Spring Auctions 2024

Christie’s Christie’s 21st Century Evening Sale – 14 May Christie’s staged the first of its major New York evening auctions under a new organizing principle. Rather than team its familiar Impressionist and Modern art sale with its post-war and contemporary sale, the auction house split its offerings into 20th-century versus 21st-century art.  The reluctance to […]

Brazilian Art Market at NY Auctions

Christie’s Christie’s 21st Century Evening Sale – 14 MAY Reflecting the seismic shifts in the art scene at the end of the 20th century, this auction features masterpieces from the 1980s to the visionary expressions of today’s leading creators. This season’s highlights feature landmark pieces by international artists, but include fewer Brazilian artworks than last […]

Concerns rise in the art market as market giant slashes commission rates

Significant transformations are underway in the auction house landscape, promising substantial impacts on the Art Market in both the short and long term. A pivotal adjustment comes from Sotheby’s, announcing a reduction in the Buyer’s Premium from 26% to 20% on any hammer price up to $6M, plus 10% on any portion of the hammer price above that amount. This change, initially announced on February […]

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