The hefty premiums that auction houses tack on to public sales is undoubtedly one of the most opaque and confusing aspects of the booming art market. Auction premiums change constantly and are ...

Getting your Trinity Audio player ready... The auction of four works by abstract artist Clyfford Still tonight sold at Sotheby’s in New York for $114.1 million, shattering a pre-action high estimate ...

Auctioneers can be forgiven for being some of the most superstitious people on the planet. There are enormous pressures associated with the job—standing at the rostrum before billionaires around the ...