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Sotheby’s Releases Financial Results for 2024
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Sotheby’s Releases Financial Results for 2024

Arts & Collections

Today, January 24th 2025, international auction house Sotheby’s released its financial results for 2024. In a market where lot volume was reduced, Sotheby’s increased its sell-through rate and had standout years in Private Sales, Luxury and Financial divisions. In the statement, Charles F. Stewart, Chief Executive Officer, Sotheby’s
(@charlesfstewart), said: “Dear clients and friends, Today we released our 2024 financial results. We’d like to share those with you now and give you some insight into our...

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Maurizio Cattelan’s Controversial Banana Artwork Sold by Sotheby’s
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Maurizio Cattelan’s Controversial Banana Artwork Sold by Sotheby’s

Arts & Collections

No other artwork from the twenty-first century has provoked scandal, sparked imagination, and upended the very definition of contemporary art like Maurizio Cattelan’s Comedian, whose debut at Art Basel Miami Beach in December 2019 captivated the world. Comprised of a banana fastened to a wall with duct tape, hung exactly 160 centimetres from the floor, Comedian belongs to the rare league of artworks that need no introduction, having quickly erupted into a viral global sensation that drew record...

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Sotheby’s Confirms $1b Investment From ADQ
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Sotheby’s Confirms $1b Investment From ADQ

Arts & Collections

International auction house Sotheby’s today (October 30th 2024) confirmed its investment of $1b from Abu Dhabi-based sovereign wealth fund ADQ. A statement from Charles F. Stewart, Chief Executive Officer, Sotheby’s, read: “We are delighted to announce that we’ve just closed our $1 billion investment from the Abu Dhabi-based sovereign wealth fund ADQ, who joins us as a minority shareholder alongside majority owner Patrick Drahi.  “This represents the largest investment in the global art industry in...

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Golden Vines Wine Auction Offers Rare Experiences
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Golden Vines Wine Auction Offers Rare Experiences

Arts & Collections

The highly anticipated 2024 Golden Vines Online Auction in partnership with Sotheby’s, renowned for its exceptional offerings in the world of fine wines, is set to commence on Sunday, October 6ht, 2024, at 9am BST running through to Sunday, October 27th, 2024, concluding at 23.59pm CET, inviting fine wine enthusiasts worldwide to participate. A distinguishing feature of this year’s auction is the exclusive collection of large formats (magnums, jeroboams and upwards) from the cellars of...

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Sotheby’s’ Record-Breaking Dinosaur Sale
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Sotheby’s’ Record-Breaking Dinosaur Sale

Arts & Collections

A large dinosaur skeleton has fetched $44.6m (£34m) at a Sotheby’s auction in New York City, the most ever paid for a fossil. The plant-eating stegosaurus, nicknamed Apex, is 11ft (3.4m) tall and 27ft long from nose to tail. Sotheby’s said it “ranks high among the most complete skeletons ever found”. The skeleton sold to an anonymous buyer, who said: “Apex was born in America and is going to stay in America”, in what is...

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Tamara de Lempicka at Sotheby’s New York
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Tamara de Lempicka at Sotheby’s New York

Arts & Collections

Sotheby’s New York is pleased to present The World of Tamara: A Celebration of Lempicka and Art Deco, a selling exhibition dedicated to the true pioneer and decisive arbiter of Art Deco painting. Tamara de Lempicka’s cosmopolitan portraits are imbued with the opulence and liberated boldness of the années folles: the golden age that overtook Europe in the 1920s and 30s. Tamara Łempicka, born Tamara Rozalia Gurwik-Górska on16th May 1898, better known as Tamara de Lempicka, was a...

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Sotheby’s Guide to LA Frieze Week
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Sotheby’s Guide to LA Frieze Week

Arts & Collections

Sotheby’s has previewed Frieze Los Angeles, which takes place from February 29th – March 3rd, 2024 at Santa Monica Airport. The fair returns to Santa Monica Airport for its fifth edition with new public spaces, a new Focus curator, and new local and international exhibitors. A Letter from Sotheby’s Elizabeth Beaman, Senior Vice President, Head of Southern California, said: “Los Angeles has truly become the other art world capital of the United States. While L.A....

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Sotheby’s Vision of America
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Sotheby’s Vision of America

Arts & Collections

This January, Sotheby’s has announced Visions of America, a celebration of American craftsmanship and culture filled with auctions, events, and experiences. Spanning three floors of gallery space at its New York headquarters, Visions of America presents “unparalleled examples of American art and objects spanning the 17th century to today”. The auctions include a diverse array of superlative fine art, furniture, fashion, decorative arts, folk art, historic maps, books, whiskey, manuscripts, and more. Thom Browne, the...

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Michael Jordan Sneakers Set World Auction Record
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Michael Jordan Sneakers Set World Auction Record

Arts & Collections

A pair of sneakers worn by basketball icon Michael Jordan at the 1998 NBA finals have achieved more than $2.2m (£1.8m) in an auction at Sotheby’s, making them the most expensive pair of trainers ever sold. The Air Jordans beat the previous record of $1.8m (£1.45 million) held by a pair of Kanye West’s Nike Air Yeezy 1s. The Air Jordan 13s were worn by Michael Jordan for the second game of the finals during...

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‘Buzz’ Aldrin’s Apollo 11 Jacket Fetches a Record $2.7m at Auction
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‘Buzz’ Aldrin’s Apollo 11 Jacket Fetches a Record $2.7m at Auction

Arts & Collections

The jacket worn by astronaut Edwin ‘Buzz’ Aldrin on his first mission to the moon has sold for a record-breaking $2.77m (£2.3m), becoming the most valuable American space artifact ever sold at auction. The spaceflight jacket, sold by Sotheby’s in New York on Tuesday 26th July, was worn by Aldrin in the famous Apollo 11 mission in 1969 where he was alongside Neil Armstrong and Michael Collins. Key features of the jacket include Aldrin’s name...

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Unique in its broad international coverage of both arts and cultural events, Arts & Collections covers fine art from antiquity to modern times, auction records, a special sale preview by Sotheby’s, as well as market trends that inform collectors of the world’s finest items.

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