New auction house wants you to buy art because you love it, not just as an investment
Online art platform Greenhouse Auctions was founded by Shlomi Rabi, who used to work at Christie’s, to address the disparities in the art auction market.
Do collectors buy art from online viewing rooms?
Only 22% of 388 art collectors had made a transaction from an online viewing room in the past 12 months, as per a report.
$90 million is the minimum starting bid for a rare Giacometti sculpture at Sotheby’s
Serious collectors take note! Sotheby’s will auction off the monumental “Grande Femme I” by Alberto Giacometti on Oct. 28. For this exceptional sale, the house has opted for an original bidding strategy. Collectors can submit their bid online, in total confidentiality, until Oct. 27 — as long as their offer is above $90 million (around […]
Royal Academy of Arts weighs up selling Michelangelo’s ‘Taddei Tondo’
The Royal Academy of Arts in London is weighing up selling a tondo by Michelangelo, which could fetch as much as $128 million, to save 150 jobs.
Will artists soon be able to do without galleries and auction houses?
A majority of art collectors reported that the COVID-19 pandemic has increased their interest in collecting, according to a recent survey.
Pablo Picasso, Andy Warhol — the artists taking the auction world by storm
While the COVID-19 pandemic has profoundly changed the art market in a few months, some artists continue to ignite the auctions.