Sotheby’s Sales Rise 46% to $5.33 Billion on Contemporary Art

Dec. 27 (Bloomberg) — Sotheby’s, the world’s second-largest auction house, sold about 46 percent more art this year as U.S., Russian and Asian collectors bid up prices for contemporary artists such as Francis Bacon and Jeff Koons. Sotheby’s art auctions in 2007 totaled $5.33 billion, up from $3.66 billion a year earlier, according to preliminary … Read more

What a Van Gogh Bust Means for Sotheby’s

Like many art lovers, Dianne Stohler is addicted to Van Gogh. Unfortunately, the master artist has indirectly caused her a great deal of financial anguish – a market loss of about $72,000 on her Sotheby’s shares. Much of that loss occurred last month in response to Sotheby’s disappointing auction of Impressionist and Modern paintings led … Read more

Black wins in suit against Sotheby’s

Conrad Black may be off to jail soon for fraud, but he has managed to score a legal victory over an old foe – Sotheby’s International Realty. Sotheby’s sued Lord Black last year in New York, alleging he stiffed the company out of a $557,500 (U.S.) commission on the sale of his Park Avenue apartment. … Read more

Sotheby’s To Sell The Jeffrey E. Horvitz Collection of Italian Master Drawings (Art Daily)

AUCTION WILL FEATURE IMPORTANT WORKS BY TIEPOLO, PARMIGIANINO, BAROCCI, ROMANO AND GUERCINO, AMONG OTHERS On January 23, 2008, Sotheby’s New York will present for sale The Jeffrey E. Horvitz Collection of Italian Drawings, one of the preeminent collections of its type in private hands, and arguably the finest to appear on the market in nearly … Read more