The debacle involving an Alberto Giacometti statue left art insiders stunned and raised concerns about the high-end art ...

Alberto Giacometti’s $70 million bronze head failed to sell at Sotheby’s, shaking confidence in the high-end art market.

How do art auctions work? How are artworks valued for auction? What happens when an artwork fails to find a buyer at an ...

Sotheby’s Modern evening sale in New York brought in $152m ($186.4m with fees) on Tuesday, 13 May, far below the auction ...

The season’s top lot provoked gasps at Sotheby’s when it failed to sell — but there are worrying implications beyond the high ...

A 1955 bronze bust by Alberto Giacometti that carried a $70 million failed to find a buyer at Sotheby's modern evening ...

It cost $73 million for Guttman to develop UOVO QPN in 2013, KBRA said. The Met pays $63 a square foot for 22,000 square feet ...

Why did the star lot of the spring season, a bronze head by the master sculptor Alberto Giacometti, fail to sell at Sotheby’s ...

Sotheby’s hoped to prove the sculptor’s trophy appeal but wary collectors shied away.

In a countersuit stand-off, the two parties are broadening the scope of their allegations beyond the disputed sculpture ...

Despite some high-profile withdrawals and passes, moments of collector enthusiasm offered flashes of confidence.