Phillips Auctioneers LLC
Catch a Rising Star at the Auction House
Do this right and you can even make a profit. As the market reporter Katya Kazakina recently explained in Artnet News, galleries with a hot market star on their hands increasingly favor collectors who can “buy one, give one”: in other words, purchase two works in a show and commit to donating one to a […]
Know MoreSpring Auction Sales for Two Blockbuster Weeks Top $2.5 Billion
Last year, global auction sales of paintings by artists under 40 soared to $259.5 million, a 177 percent increase on 2020, according to data provided by Artprice, a French-based auction analytics company. Eager to jump on this fast-moving bandwagon, Sotheby’s has come up with a new format called “The Now” sales, focusing on works by […]
Know MoreNew York City Eliminates the Rules That Govern Art and Other Auctions
New York City has eliminated the regulations it had tailored to govern the auction industry, an abrupt reversal in policy that is part of a sweeping effort to improve conditions for businesses after the economic damage brought on by the coronavirus pandemic. Conceived to help small businesses by cutting red tape and reducing penalties, the […]
Know MoreBasquiat Show Curated by His Sisters Offers Intimate Look at the Artist
In a grainy home movie from 1968 — well before he had started on the path that led him to art world fame and an untimely death — an 8-year-old Jean-Michel Basquiat, dressed smartly in long shorts and a button-down shirt, gently guides his year-old sister, Jeanine, by the hand in Prospect Park, Brooklyn, with […]
Know MoreChristie’s to Sell Entire Ammann Art Collection
Just two weeks after announcing that it would sell an important 1964 Andy Warhol silkscreen of Marilyn Monroe from the Thomas and Doris Ammann Foundation Zurich, Christie’s on Wednesday said that it would also handle the sale of the rest of that collection, including works by Robert Ryman, Cy Twombly and Francesco Clemente. “It’s a […]
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