Arts and Entertainment The Bay Psalms Book sold for $14.2 million at a Sotheby's New York auction last night

The work has become the most expensive printed book in the world

Painter Bacon's portrait of lover Peter Lacy to be auctioned in New York

A 1962 painting by artist Francis Bacon of his lover Peter Lacy is expected to sell for as much as $40 million when it is auctioned in New York next month, Sotheby's said on Monday.

A secret-postcard preview, from Sir Paul Smith, Orla Kiely, Paula Rego, John Baldessari, Manolo Blahnik

Just £45 for a David Bailey? It must be the RCA's secret sale

Hundreds will queue overnight to buy postcard-size artworks that could be worth tens of thousands

Estate agent bosses set to bag millions in flotation

The UK's biggest estate agency has fired the starting gun on a £650m float which could net millions for the company's top executives.

An auctioneer receives bids for Gerhard Richter's work 'Abstraktes Bild' during the Sotheby's London Evening Sale of Contemporary Art held at Sotheby's, New Bond Street, London.

Sotheby's raises a 'healthy' £74 million at contemporary art auction

It was a "healthy" night of sales at Sotheby's yesterday evening as a contemporary art auction brought in more than £74 million - the auction house's second-highest total for a February sale of contemporary art in London.

A budget-busting night: Picasso's 'Femme Assise Pres d'une Fenetre' snapped up for £28.5m and Egon Schiele portrait sells for record price

A Picasso painting has fetched more than £28.5 million at auction.

Auctioneer George Duckett

One to Watch: George Duckett, auctioneer, 26

"You don't need lots of money to buy works of art that are over 200 years old." This newcomer auctioneer from London has started an online auction of pictures at 25 Blythe Road in Kensington.

Pay it, Sam: 'Casablanca' piano sells for £370,000 at auction

A piano used in the classic Bogart and Bergman film Casablanca sold for just over $600,000 yesterday, falling far short of predictions that it could fetch $1 million or more.

Raphael sketch fetches record $48 million at Sotheby's auction

The rare drawing went for double its pre-sale expectations

Prices plummeting, lustre fading – has Damien Hirst jumped the pickled shark?

Works by the enfant terrible of YBAs have sold for 70 per cent of their original price

Now Christie's sets sale record

A run of art auctions ended with a bang on Wednesday as Christie's staged the most successful sale of post-war and contemporary art in history, taking in $412m (£260m) as records were set for Jeff Koons and Jean-Michel Basquiat, while an Andy Warhol soared to $43.8m.

Economic crisis, what economic crisis? Sotheby's auction makes a whopping $375 million led by Rothko and Pollock sales

Sotheby's staged the biggest auction in its 268-year history last night, led by a $75 million (£47.1 million) Mark Rothko and a record-setting $40 million (£25.1 million) work by Jackson Pollock at its post-war and contemporary art sale.

The world's most expensive watch: the Henry Graves Supercomplication

The world's most expensive watch - pledged to Sotheby's

A member of the Qatari royal family and one of the largest art buyers has pledged the world's most expensive watch and about 240 other collectibles to Sotheby's to cover debts owed to the auction house, according to court documents.

Andreas Whittam Smith: Has the City squandered our trust?

Is the Square Mile game over, kaput, finished? That is the question raised in the very good series of articles entitled "The City in Crisis" running all this week in the business section of i. To answer the question, start first by examining what is required to be a world-class financial centre. Do we still have the necessary qualities? One of the most important qualities is that the locals have some sort of aptitude for trading.

Woman tops ArtReview 'power 100' list for first time

An American-born Italian-Bulgarian curator little known outside the art world has topped ArtReview magazine's annual Power 100 list, the first female to do so in its 11-year history.

Eric Clapton: His Richter painting sold for £21.3m

Clapton-owned Richter painting sells for £21.3 million

A Gerhard Richter painting owned by Eric Clapton sold on Friday night for £21.3m - more than 30 times what he paid for it in 2001.

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