Read more Sotheby's stories on Newserhttp://www.newser.com/taggrid/1972/sothebys.html2009 - Newseren-usNewser Feed GeneratorTue, 24 Nov 2009 18:13:12 CSThttp://www.newser.com/story/70402/letters-reveal-byrons-feud-with-turdsworth.html?utm_source=syn&utm_medium=rss&utm_campaign=tagA collection of letters written by Lord Byron to a clergyman, some of them unpublished, sheds new light on the Romantic poet—who discloses his sexual escapades with servants and angry opinions of fellow writers. Several letters refer to a serving girl whom he took as his mistress; he dumped...http://www.newser.com/story/70402/letters-reveal-byrons-feud-with-turdsworth.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 28 Sep 2009 8:40:18 CDThttp://www.newser.com/story/62896/london-art-market-feels-a-chill.html?utm_source=syn&utm_medium=rss&utm_campaign=tagLondon became the hottest art market in the world last year, eclipsing New York, but the recession is putting the squeeze on auction houses, the Wall Street Journal reports. Last year’s influx of foreign money has dried up, and sellers are keeping a firm hold on their most desirable pieces....http://www.newser.com/story/62896/london-art-market-feels-a-chill.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 26 Jun 2009 11:31:02 CDThttp://www.newser.com/story/58789/blue-diamond-sells-for-record-84m.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAs the diamond market tumbles, at least it seems a blue one is forever, reports GlobalPost. A 7.03-carat rock unearthed in South Africa last year sold for more than $8.4 million at a Geneva auction today—setting a world record in price per karat for a gem of...http://www.newser.com/story/58789/blue-diamond-sells-for-record-84m.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 12 May 2009 16:36:13 CDThttp://www.newser.com/story/58201/sothebys-sale-busts-picasso-goes-unsold.html?utm_source=syn&utm_medium=rss&utm_campaign=tagThe art market failed to recover from its recent slump last night, as Sotheby's held a disappointing New York sale that saw works by Picasso and Giacometti go unsold. The small auction of 36 lots brought in just $61.3 million—well below the low estimate of $81.5 million....http://www.newser.com/story/58201/sothebys-sale-busts-picasso-goes-unsold.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 06 May 2009 6:45:42 CDThttp://www.newser.com/story/57775/strapped-art-market-preps-for-auctions.html?utm_source=syn&utm_medium=rss&utm_campaign=tagAfter a 7-year boom, art auction houses are struggling as collectors hit hard by the recession close their wallets. Sotheby’s predicts it will pull in $179 million to $256 million at spring sales, compared to $742 million a year ago. As the spring events approach, auctioneers are employing an array...http://www.newser.com/story/57775/strapped-art-market-preps-for-auctions.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFri, 01 May 2009 10:21:01 CDThttp://www.newser.com/story/47770/christies-cuts-jobs-as-art-sales-slump.html?utm_source=syn&utm_medium=rss&utm_campaign=tagFollowing months of bad results in America and Europe, Christie's is reorganizing to cut costs, including "significant staff reductions," the auction house said yesterday. While at the start of 2008 the art world seemed immune to the economic downturn, the decade-long boom in art prices busted this fall. At a...http://www.newser.com/story/47770/christies-cuts-jobs-as-art-sales-slump.html?utm_source=syn&utm_medium=rss&utm_campaign=tagTue, 13 Jan 2009 7:10:09 CSThttp://www.newser.com/story/45971/hirst-is-art-worlds-lehman.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith the collapse of Lehman Brothers having opened an “anxious new era” in financial circles and among consumers at large, the auction that brought artist Damien Hirst $166 million on Sept. 15—the very day Lehman went bust—clearly marks the division, Martin Gayford writes for Bloomberg. By year’s end,...http://www.newser.com/story/45971/hirst-is-art-worlds-lehman.html?utm_source=syn&utm_medium=rss&utm_campaign=tagMon, 22 Dec 2008 12:21:01 CSThttp://www.newser.com/story/43898/auction-houses-counting-on-russians.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWith dwindling sales and empty showrooms, art auction houses are increasingly relying on what they have dubbed RR: rich Russians. Houses are hoping the record price drawn by a Kasimir Malevich painting earlier this month is proof that the Russian market will escape the downturn that's affecting other sectors. Of...http://www.newser.com/story/43898/auction-houses-counting-on-russians.html?utm_source=syn&utm_medium=rss&utm_campaign=tagSun, 30 Nov 2008 13:28:00 CSThttp://www.newser.com/story/42441/contemporary-art-goes-bust-at-dismal-auction.html?utm_source=syn&utm_medium=rss&utm_campaign=tagCollectors from Steve Martin to Valentino packed the Sotheby's saleroom in New York last night, but its contemporary art auction barely pulled in $125 million—far below the low estimate of $202 million. For those who could afford it, works were going at bargain-basement prices. "It was a half-price sale,...http://www.newser.com/story/42441/contemporary-art-goes-bust-at-dismal-auction.html?utm_source=syn&utm_medium=rss&utm_campaign=tagWed, 12 Nov 2008 7:58:53 CST