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Read 13 exclusive articles related to "Sotheby's" on ArtMajeur magazine
Sotheby's and Pace Gallery: A Strategic Alliance to Reinvent the Art Market 275v4d
Art news • 2 minutes read
Sotheby's and Pace Gallery are partnering to reimagine the art market by combining private sales and auctions to maximize access to high-value works. This strategic partnership aims to strengthen competitiveness and establish a more flexible and sustainable model to meet current economic challenges.
Giacometti Sculpture Dispute: Justin Sun Sues David Geffen for Fraud 471q16
Art news • 2 minutes read
Justin Sun has filed a lawsuit against David Geffen over his purchase of Giacometti's The Nose , claiming that provenance documents were forged. The case, which could have major repercussions for the art market, highlights the issues of transparency and authenticity in art transactions.
Sotheby's agrees to pay $6 million in tax evasion case 6c3r4n
Art news • 2 minutes read
Sotheby's has agreed to pay $6.25 million to settle a lawsuit accusing it of helping clients avoid sales taxes on artworks for personal use. The settlement could lead to increased scrutiny and stricter regulations on tax transactions in the art market.
A rare work by the Klimt brothers on sale at Sotheby's! 1c4j9
Art news • 1 minutes read
The rare Klimt brothers' painting Hanswurst Delivering an Impromptu Performance in Rothenburg will soon be auctioned at Sotheby's with an estimate of £300,000-500,000.
Cattelan's banana expected to sell for over $1 million at auction 3c2e3c
Art news • 2 minutes read
Maurizio Cattelan's Comedian , a banana taped to a wall, is back in the spotlight as it is estimated to fetch over $1 million at an auction. Known for its bold satire of contemporary art, the controversial piece continues to spark fascination and debate.
Sotheby’s Secures $1 Billion Investment from Abu Dhabi’s Sovereign Wealth Fund 4g1a3w
Art News • 2 minutes read
Abu Dhabi's sovereign wealth fund, ADQ, has acquired a minority stake in Sotheby’s as part of a $1 billion investment, aimed at reducing the auction house's debt and ing its growth and innovation, aligning with Abu Dhabi's broader strategy to diversify its economy and enhance its cultural influence, particularly in the Middle East.
Sotheby’s £83.6m Sale Sparks Debate Over Summer Auction Relevance v336z
Art News • 2 minutes read
Sotheby’s Modern and contemporary sale in London netted £83.6m, sparking debate over the summer auction season’s relevance, with highlights including a £15m Basquiat and strong bidding on Ralph I...
New York Supreme Court Compels Sotheby's to Disclose Details in Art Restitution Case 61534n
Art News • 3 minutes read
The New York Supreme Court has ordered Sotheby’s to disclose the identities of both the seller and buyer of a disputed Tiepolo painting, rooted in claims from descendants of a Holocaust survivor. This landmark decision challenges the confidentiality norms of auction houses and may set a precedent for transparency in art restitution cases.
Russian Tycoon Rybolovlev Sues Sotheby's in Art Market Scandal 1z5l
Art News • 2 minutes read
Russian billionaire Dmitry Rybolovlev is suing Sotheby's and art dealer Yves Bouvier in a high-profile New York court case, alleging over $1 billion in art purchase overcharges. The lawsuit could reveal questionable practices in the secretive art market.
Picasso's 'Woman with a Watch' Auctions for $139M Record 3u5p6h
Art News • 1 minutes read
Pablo Picasso's 1932 painting "Woman with a Watch" sold for a record $139 million at Sotheby's, becoming the year's most valuable auctioned artwork. It is the second-highest price ever fetched for a Picasso, after "The Women of Algiers" in 2015.
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