Sotheby's Saudi Auction Exceeds Expectations with Strong Regional Art Sales
Sotheby's inaugural auction in Saudi Arabia's Diriyah generated $17.28 million in sales on Saturday, exceeding expectations with strong performance from regional artists; two artist records were set, and almost a third of buyers were Saudi.
Sotheby's Saudi Auction Exceeds Expectations with Strong Regional Art Sales
Sotheby's inaugural auction in Saudi Arabia's Diriyah generated $17.28 million in sales on Saturday, exceeding expectations with strong performance from regional artists; two artist records were set, and almost a third of buyers were Saudi.
Progress
44% Bias Score
Sotheby's Saudi Auction: $17.28 Million in Sales, Arab Art Outperforms
Sotheby's inaugural auction in Saudi Arabia, held in Diriyah on Saturday, totaled $17.28 million with a 67% sell-through rate by lot and 74% by value; strong sales of Arab art set two artist records, indicating a growing appetite for art in the region.
Sotheby's Saudi Auction: $17.28 Million in Sales, Arab Art Outperforms
Sotheby's inaugural auction in Saudi Arabia, held in Diriyah on Saturday, totaled $17.28 million with a 67% sell-through rate by lot and 74% by value; strong sales of Arab art set two artist records, indicating a growing appetite for art in the region.
Progress
52% Bias Score
Nazi-Looted Painting Sells for £436,000 at Auction
A Nicolas de Largillierre painting, looted by the Nazis in 1941 and recovered by the Monuments Men, sold for £436,000 at a Paris auction, exceeding its estimate by seven times due to its historical significance and artistic merit.
Nazi-Looted Painting Sells for £436,000 at Auction
A Nicolas de Largillierre painting, looted by the Nazis in 1941 and recovered by the Monuments Men, sold for £436,000 at a Paris auction, exceeding its estimate by seven times due to its historical significance and artistic merit.
Progress
48% Bias Score
London Auctions Defy Concerns of Declining Old Masters Market
Sotheby's and Christie's London auctions will feature 26 lots each, including significant works by Lucas Cranach the Elder, Rosso Fiorentino, Artemisia Gentileschi, and Gustav Klimt, despite concerns about a declining Old Masters market due to material shortages and interest.
London Auctions Defy Concerns of Declining Old Masters Market
Sotheby's and Christie's London auctions will feature 26 lots each, including significant works by Lucas Cranach the Elder, Rosso Fiorentino, Artemisia Gentileschi, and Gustav Klimt, despite concerns about a declining Old Masters market due to material shortages and interest.
Progress
36% Bias Score
Sotheby's Saudi Auction: $17M in Sales, Regional Art Outperforms Luxury
Sotheby's inaugural auction in Saudi Arabia, held in Diriyah on Saturday, totaled $17.28 million with a 67% sell-through rate by lot and 74% by value, exceeding expectations by showcasing strong demand for regional art, especially works by Saudi and Arab artists.
Sotheby's Saudi Auction: $17M in Sales, Regional Art Outperforms Luxury
Sotheby's inaugural auction in Saudi Arabia, held in Diriyah on Saturday, totaled $17.28 million with a 67% sell-through rate by lot and 74% by value, exceeding expectations by showcasing strong demand for regional art, especially works by Saudi and Arab artists.
Progress
40% Bias Score
Sotheby's to Hold First Saudi Auction in Diriyah
Sotheby's will hold its first international live auction in Diriyah, Saudi Arabia on February 8th, 2024, featuring art, jewelry, and luxury items worth an estimated $22 million, reflecting Saudi Arabia's efforts to diversify its economy and promote its cultural heritage under Vision 2030.
Sotheby's to Hold First Saudi Auction in Diriyah
Sotheby's will hold its first international live auction in Diriyah, Saudi Arabia on February 8th, 2024, featuring art, jewelry, and luxury items worth an estimated $22 million, reflecting Saudi Arabia's efforts to diversify its economy and promote its cultural heritage under Vision 2030.
Progress
52% Bias Score
Record-Setting Chardin Painting Purchase Unpaid
A record-breaking Jean-Baptiste-Siméon Chardin painting, \"The Cut Melon\", sold for €26.7 million at Christie's but the buyer, Nanni Bassani Antivari, has not paid, leading to a lawsuit and raising concerns about auction due diligence.
Record-Setting Chardin Painting Purchase Unpaid
A record-breaking Jean-Baptiste-Siméon Chardin painting, \"The Cut Melon\", sold for €26.7 million at Christie's but the buyer, Nanni Bassani Antivari, has not paid, leading to a lawsuit and raising concerns about auction due diligence.
Progress
48% Bias Score
Warhol's Rejected Trump Tower Painting Sells for $952,500
A painting of Trump Tower by Andy Warhol, originally rejected by Donald Trump, recently sold at auction for a substantial sum, sparking speculation about the buyer's motives.
Warhol's Rejected Trump Tower Painting Sells for $952,500
A painting of Trump Tower by Andy Warhol, originally rejected by Donald Trump, recently sold at auction for a substantial sum, sparking speculation about the buyer's motives.
Progress
40% Bias Score