ChristiesAuction

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."

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.