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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 claims stake in South Asian market with London exhibition

The Art Newspaper

With auction houses increasingly developing their private sales arms—a dynamic only exacerbated by a down market that dissuades many consignors from selling publicly—the Grosvenor-Phillips collaboration is yet another example of blurring boundaries within a once-siloed field.

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Comment | Artnet sale underscores its impact on the industry—and its limitations in today's landscape

The Art Newspaper

Auction houses and dealers lost a chunk of the asymmetry of information that had served them well, hence their initial objections (and threatened lawsuits). Yet Artnet’s transparency was also welcome.

Sale 167
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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). Prices can start from around $200, rising into the thousands depending on condition, with rare, 18th-century snuff examples with authenticated reign marks often selling for the highest price at auction. Sold for $340,000 USD via Bonhams (Dec 2023).

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WorthPoint Indices: Concert Tickets

WorthPoint

Though condition can help determine the value, some wear is expected as it’s rare to find tickets in mint condition. From 2020 through 2023, total prices increased by a substantial 61.3 percent; 2023 was the standout year, helped by several big-ticket sales (outlined below). percent, while transactions grew by 14.1

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Cracker Jack, as Iconic as Baseball

WorthPoint

Common cards in poor to good condition from the 1914 or 1915 sets range in price from $80 to $300. Due to significant condition issues, this 1914 Ewell Albert Russell card was sold on eBay in March 2023 at the lower end of the price spectrum at $80. A 1915 Wesley Branch Rickey baseball card sold for $2,150 on eBay in 2023.

Prints 52