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‘Momentous’: Italy to slash art VAT to 5%, the lowest rate in the EU

The Art Newspaper

Mollicone cited a recent study by Nomnisma and the Intesa Sanpaolo bank, which estimated that a 5% VAT rate would boost the annual turnover of Italian galleries, antique dealers and auction houses to €1.5bn within three years, which would then generate an extra €4.2bn for Italy.

Analysis 298
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Sotheby’s offers peek at Breuer building’s makeover

The Art Newspaper

Isamu Noguchi: © 2025 Estate of Isamu Noguchi / Artists Rights Society (ARS), New York In June 2023 Sotheby’s announced it would purchase Marcel Breuer’s former Whitney Museum of American Art building, a feat of Brutalist architecture, for $100m. Frank Stella: © Frank Stella / Artist Rights Society (ARS), New York. Courtesy David Zwirner.

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Phillips's evening auction in New York notches $72.3m, buoyed by two fresh Basquiat paintings

The Art Newspaper

The sale's hammer total fell short of its estimate, but also represented an increase of 24% over the equivalent auction in 2023

Paintings 321
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Sotheby’s made $6bn in 2024—but sales dropped for second consecutive year

The Art Newspaper

Overall sales fell by 23% compared to 2023, though the private division grew

Sale 277
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Sotheby’s made $6bn in 2024 as sales dropped for second consecutive year

The Art Newspaper

Overall sales fell by 23% compared to 2023, though the private division grew

Sale 147
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Types of Chinese Art: A Guide to Valuing & Collecting Chinese Art

Invaluable

Sold for ¥1,500,000 JPY via Tomikai Auction (Oct 2023). Those looking for slightly more of a steal could expect to pay anything from $50 to $55,000 at auction. Sold for $340,000 USD via Bonhams (Dec 2023). Sold for £50,000 GBP via Bonhams (May 2023). How do you contact the auction house or dealer with questions?

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eBay, Collectors Deal Includes Sale of Goldin Auctions

WorthPoint

Then, as part of the pact, Collectors sold auction house Goldin to eBay while acquiring the eBay vault to integrate with its third-party grading service, PSA. In May 2023, Fanatics purchased PWCC , making a big jump forward in the trading card market after acquiring Topps a couple of years ago.

Sale 98