Auction

What is Art Basel? “Art Basel is the leading global platform connecting collectors, galleries, and artists. Fairs in Basel, Hong Kong, and Miami Beach are a driving force in supporting galleries as they nurture the careers of artists. Our publications The Art Market and the Art Market Principles and Best Practices are a commitment to…

Basquiat’s 1982 painting Untitled (Devil), sold for $85 Million including buyer’s premium. A nearly 50% increase in value from its 2016 purchase price of $57.3 Million. The Basquiat was sold by Japanese multimillionaire Yusaku Maezawa, who became an art world celebrity with the purchase of a 1982 Basquiat painting of a skull for $110.5 million….

Sotheby’s reports record total sale for a private art auction of $922 million. Amassed over 50 years, Harry and Linda Macklowe collected prime examples of Warhol, Richter, Rothko, and Cy Twombly. All highly notable blue-chip artists that retained high sale numbers following art consultants estimates. This auction is recognized for its stability in contrast to…