Walk into any supermarket and you can usually buy a banana for less than $1. But a banana duct-taped to a wall? That might ...

Maurizio Cattelan's artwork Comedian, a banana duct-taped to a wall, is expected to fetch $1 million to $1.5 million at a ...

Zoë Abelson, founder of Graal Watches Cartier Crash “London” and Rolex Day-Date ref. 18188 —609,600 Swiss francs ($685,911) ...

Sotheby's settles for $6.25 million over clients' tax evasion on art purchases after a New York investigation.

Sotheby’s has agreed to pay $6.25 million to the state of New York and implement several reforms to resolve a tax fraud ...

A source familiar with the settlement said that Sotheby's "always believed that the NYAG had the law and facts wrong." ...

The state said the auction house helped clients cheat their way out of paying tens of millions of dollars in sales taxes ...

New York’s attorney general says the auction house helped eight collectors pose as art dealers to avoid paying taxes on art ...

An auction of traditional European decorative arts at Sotheby’s New York (20/10% buyer’s premium) on April 16 included this New Zealand Arts & Crafts presentation casket.

U.K.-based Sotheby's is auctioning the painting and estimates the portrait could sell for between $120,000 and $180,000. Related Artificial intelligence might detect heart murmurs in dogs ...

Sotheby’s confirmed Wednesday it had closed a $1 billion investment deal with an Abu Dhabi sovereign wealth fund—giving the auction house a financial lifeline it needs to pay down some of its ...

Image Credit: Bloomberg Two months after Sotheby's announced it would sell a minority stake in its business to ADQ, an Abu Dhabi sovereign wealth fund, the auction house has confirmed the deal has ...