-
Questions About World War II Ties Again Haunt Christie’s as a Swiss Museum Plans to Sell Three Prized Cézanne Paintings
It seems like a déjà vu. Less than a month ago, following public pressure, Christie’s canceled the sale of the second part of the jewelry collection of Heidi Horten, whose wealth was rooted in Nazi profiteering by her late husband. Now, the house is promoting another key consignment without being fully transparent about the Nazi-era […]
-
A Data Breach at Christie’s Revealed Exact GPS Coordinates of Collectors’ Artworks
A data breach at Christie’s auction house has revealed the exact whereabouts of art owned by some of the world’s wealthiest collectors. Hundreds of Christie’s clients who had uploaded photographs of their prized paintings and sculptures for the auction house’s review were affected by the cybersecurity incident. Researchers Martin Tschirsich and André Zilch of the […]
-
Aiming to Stoke Global Demand for Middle Eastern Art, Christie’s Is Hosting a Major Exhibition of Contemporary Arab Art in London
Christie’s is stepping up its efforts to cultivate the global market for modern and contemporary Middle Eastern art with a major exhibition of art from the Arab world taking over its London headquarters this summer, ahead of the return of the category’s evening sale in the U.K. capital this fall. On the heels of successful […]
-
Christie’s Reports Global Sales Dropped 23 Percent in the First Half of the Year
Christie’s CEO Guillaume Cerutti and a host of other auction executives from its worldwide team tried to put a positive spin on the company’s results for the first six months of 2023 in a conference call with reporters this morning—despite the immediate, if grudging, acknowledgement that global sales, at $3.2 billion (£2.5 billion), were down […]
-
Christie’s 20th/21st Century Sale in London Pulled in an Underwhelming $81 Million, Signaling a Market Correction
If “everything must go” was the strategy Christie’s employed for its 20th/21st Century London evening sale on Wednesday, it worked pretty well. Of the 66 lots offered at the two-and-a-half-hour event at the house’s King Street premise, 61 lots, or 92 percent, found buyers. Five artist records were achieved and several works sold for prices […]