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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 263
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Sale of Americana at CRN

Maine Antique Digest

CRN Auctions’ April 21 sale in the Cambridge, Massachusetts, gallery drew on several area collections, including that of Alan A. Varteresian (1934-2023) of Boston, who seldom missed a CRN sale. CRN Auctions, Inc., Cambridge, Massachusetts Photos courtesy CRN Auctions, Inc.

Sale 208
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A sale as old as time: Natural History Museum to display £450,000 dinosaur fossil after London gallery helps secure buyer

The Art Newspaper

Valued at £450,000 when it was shown at Frieze Masters in London in 2023, the specimen was donated to the NHM and was unveiled there last month. The final sale price has not been disclosed, but is understood to be close to the £450,000 listed price. Until now, the collectors have focused on art. “We

Sale 227
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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 315
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Comment | Artnet sale underscores its impact on the industry—and its limitations in today's landscape

The Art Newspaper

Privatisation and personalities Artnet’s capture of just 50% of the market (as it accounts for only auction sales) was never the whole story—rather, it was a good enough indicator. Suddenly their inside knowledge was available to all, for a fee, and many in the market—including yours truly—use the database every day.

Sale 164
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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 143
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‘Momentous’: Italy to slash art VAT to 5%, the lowest rate in the EU

The Art Newspaper

The decision, approved in a 20 June cabinet meeting and announced by Italy's culture minister Alessandro Giuli, is expected to come into effect this week.

Analysis 255