Frothy, fireworks-filled auctions can be thrilling, but there’s something to be said for more staid, less risky affairs, where estimates are realistic (lower than they once were) and bidding is ...

(Bloomberg) -- London’s luxury property market is set for its worst year since 2020, after a series of tax measures damped sentiment among wealthy and discretionary buyers. It was the second year ...

Year-end results show rising sales, stronger sell-through rates and growing momentum in categories that suggest a shift in who is sustaining the market and how.

At $236.4 million, a portrait by Gustav Klimt is the second most expensive painting sold at auction, while Maurizio Cattelan’s golden toilet drew $12.1 million. By Zachary Small and Julia Halperin It ...