Abirpothi

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sotheby’s

Picasso Masterpiece Valued at $120 Million to Headline Emily Fisher Landau’s Collection at Sotheby’s Auction

Introduction This fall, art enthusiasts and collectors around the world are eagerly anticipating the auction of the late New York philanthropist Emily Fisher Landau’s remarkable art collection. The collection, comprised of 120 works by influential artists such as Pablo Picasso, Ed Ruscha, Jasper Johns, Glenn Ligon, and Mark Tansey, among others, promises to be a …

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Shanghai’s Long Museum Founders to Sell $150 Million Worth of Art at Sotheby’s

Introduction Renowned billionaire collectors Liu Yiqian and Wang Wei, founders of Shanghai’s prestigious Long Museum, are set to make a significant impact in the art world by selling an estimated $150 million worth of art through Sotheby’s auction. This move comes as a surprise, given their stature in the art scene. The Long Museum, which …

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Lawsuit Alleges Sotheby’s Involvement in “Misleading Promotion” of Bored Ape Yacht Club NFTs

Introduction A recent class action lawsuit filed in California has thrust renowned auction house Sotheby’s into the spotlight, as a group of investors accuse the institution of participating in a “misleading promotion” campaign aimed at boosting the profile of Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs). The lawsuit, filed last week, alleges that …

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Christie’s and Sotheby’s Dominated London Auctions with Record-Breaking Sale, While Phillips Struggles

The London Evening sales concluded on a rather lacklustre note with Phillips’ “20th Century to Now” auction, which generated just over £9 million ($11.4 million) in sales. In comparison, Christie’s and Sotheby’s London auctions, buoyed by the sale of Klimt’s “Lady With a Fan,” amassed a staggering £199 million ($252 million). Phillips’ auction, on the …

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What does the Gupta Period Terracotta Torso of Shiva Sells at Auction tells about Indian Heritage?

Aditya Sisodia In the realm of Indian art, the limelight often falls on modern and contemporary works, leaving the country’s rich historical arts in the shadows. The cultural heritage of India, spanning centuries, has faced its share of looting and plunder by invaders, colonial powers, and opportunistic individuals seeking profit. It is disheartening to witness …

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Wild ‘goose’ chase of $ 6.2 millions

Smriti Malhotra During Sotheby’s “Grails” sale, the second part of an auction featuring works owned by Three Arrows Capital (3AC), a crypto firm, collectors flocked to bid on digital artworks. The sale raised nearly $11 million, exceeding the high estimate of $4.8 million. The highlight of the auction was Dmitri Cherniak’s artwork titled “Ringers #879 …

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Whitney Museum’s Breuer Building Bought by Sotheby’s

Smriti Malhotra The iconic Breuer building on Madison Avenue, Upper East Side has been sold by the Whitney Museum to Sotheby’s, which will shift its headquarters to the building by 2025. Designed and conceptualised by the renowned artist Marcel Breuer in 1966, the building was the third home to the Whitney Museum in New York. …

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