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After the Christie’s cyberattack, who could be next?

The Art Newspaper

A hack that caused huge disruption to the auction house is a wake-up call to galleries and art advisories of all sizes

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Sold! 5 Auction Moments That Rocked the Boat in 2024

Artnet News

From a multimillion dollar banana to the end of a museum, these are the standout moments from a year on the auction house floor. 5 Auction Moments That Rocked the Boat in 2024 appeared first on Artnet News. The post Sold!

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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 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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Asia’s Art Market Had a Rollercoaster Ride in 2024. Here’s What to Expect in 2025

Artnet News

Auction houses opened new Hong Kong headquarters, the market sagged, and top gallery directors departed. The post Asia’s Art Market Had a Rollercoaster Ride in 2024. Here’s What to Expect in 2025 appeared first on Artnet News.

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Christie's results are down 'only' 6% in 2024, 'despite challenging environment'

The Art Newspaper

The house's auction total saw a double-digit decrease for a second year in a rowbut private sales are booming

Sale 246
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Missing Tom Thomson painting at centre of $8m lawsuit returned to owner

The Art Newspaper

An unsigned and untitled Thomson painting of a lake in Algonquin Park, which he originally gifted to his friend Charlie Scrim, was entrusted to Waddington’s Auction House in Toronto in 2015 by Joseph Murray, whose uncle had given it to him in 1977. In 2022, Murray filed an C$11m ($8m) lawsuit against Waddington’s. Larry Humber

Paintings 130