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Sotheby’s, the world’s largest publicly traded auction house, fell to a 16-month low in New York on worries that a recession may drag down art prices. Sotheby’s now lags behind the Standard & Poor’s 500 index after enriching investors… Read full story
The four major international auction houses have all confirmed record sales for 2007. The Rothschild Faberge Egg The Rothschild Fabergé egg sold to the Russian National Museum for £8.9 million Christie’s, the dominant saleroom over the previous two years, barely clung onto its lead with $6.3 billion (£3.1 billion) of sales against Sotheby’s $6.2 billion … Read more
The poster for the Highlands’ first comic expo, Hi-Ex The influence of Scottish writers and artists on some of the best known comic book characters in the world will be examined at a new convention. Read full story
An ornately carved crystal jug auctioned off in the U.K. as a 19th century French claret jug may in fact be a rare 11th century Islamic artifact. The jug, estimated to be worth about $400 by Lawrences Auctioneers in southwest Britain, sold last Thursday for $440,000, more than 1,000 times its list price… Read full … Read more
It’s not that I give a hoot about who’s on top—Sotheby’s or Christie’s. But what activates the needle of my sensitive journalistic spin-monitor are Christie’s representations about its sales leadership and superior profitability—claims that are, respectively, exaggerated and unsubstantiated. Read full story at Arts Journal .com