Tag #Christie's

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Mixed Results for New York Old Masters Auctions Amidst Provenance Disputes

Christie's New York Old Masters auction reached \$24.4 million including premium, falling short of expectations after withdrawing four lots, one being El Greco's "Saint Sebastian" due to a Romanian government claim; Sotheby's achieved \$30.8 million including premium, exceeding last year but below e...

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Christie's AI Art Auction Faces Backlash Over Copyright Concerns

An open letter with nearly 4,000 signatures demands Christie's New York cancel its first AI art auction, scheduled for February 20-March 5, due to concerns that the AI models used to generate some works exploited artists' copyrighted materials without authorization, despite Christie's claim that the...

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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.

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36% Bias Score

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Magritte Painting Sells for Record $121 Million

A René Magritte painting sold for a record-breaking $121 million at a Christie's auction in New York, exceeding expectations amidst a global slowdown in art sales.

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20% Bias Score

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4,000 Sign Petition Against Christie's AI Art Auction Amid Copyright Concerns

Approximately 4,000 individuals signed a petition demanding Christie's cancel its inaugural AI-generated art auction slated for February 20 to March 5 in New York City due to concerns about copyright infringement and the exploitation of human artists whose works were used to train AI models without ...

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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.

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Magritte Painting Sells for Record \$121 Million

A René Magritte painting sold for over \$121 million at a Christie's auction, setting a record for the Surrealist artist. The sale is seen as a positive sign in the slowing art market.

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24% Bias Score