Christies

Chaos in Today's Egypt Sparks Worries About Its Ancient Past

The frightening battles in Egypt have Americans peppering museums with questions about what's going on there. At the same time, antiquities authorities in Egypt are warning museums and auction houses to be on the alert for people trying to sell looted items.

Qatar May Bid for Christie's Auction House

Qatar is interested in purchasing world-famous auction house Christie%u2019s. "We are building a museum and it [Christie%u2019s] has links with the stuff we are collecting for our museum," Emir Hamad bin Khalifa al-Thani told The Financial Times. "It depends on the opportunity - if we had a good opportunity we would not hesitate."

A Picasso Sets a New Art Market Record

Recession? What recession? Plenty of cash is flowing into the art market, and sales records have been set in the depths of the economic downturn. Now, with Picasso's "Nude, Green Leaves and Bust" garnering a record price, has the market recovered?

Sotheby's Prepares to Revive Art Price Guarantees

Christie's International says expects to have a better year in 2010 than it did in 2009. Yet there are degrees of recovery: Though the practice of guaranteeing minimum prices is poised to return, sellers won't see a swift return to the prices objects fetched at auction in 2007.

The global art market finds its floor

The 2008/2009 art market ended seven years of astonishing price inflation. By the end of 2008, contemporary art suffered a price decline of 27.1...