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Marcato Capital buys stake in Sotheby's

Sotheby's said Tuesday that investment firm Marcato Capital Management has bought a 6.61 percent stake in the auction house. Full story

Record Auction at Sotheby's

   Sales at Sotheby's contemporary art auction totaled $293,587,000, reports CNBC's Robert Frank.

Big numbers for Impressionist art as N.Y. auctions kick off

NEW YORK (Reuters) - The spring auctions got off to a strong start on Tuesday with Sotheby's solid sale of Impressionist and modern art which took in $230 million, led by a $42 million Cezanne still life and a $26 million Modigliani portrait. Full story

Colonial psalm book could sell for $30 million at NY auction

NEW YORK (Reuters) - One of 11 surviving copies of the first book printed in America is hitting the auction block later this year and is expected to fetch as much as $30 million, which would make it the most valuable book in history, Sotheby's said on Friday. Full story

William Faulkner archival material to be sold at auction

NEW YORK (Reuters) - Letters, an unpublished short story and William Faulkner's Nobel Prize medal could sell for more than $2 million when archival materials of the author are sold at auction in June, Sotheby's said on Thursday. Full story

Asian art sales in New York exceed expectations

NEW YORK (Reuters) - A week of Asian art auctions exceeded expectations as Christie's and Sotheby's together sold more than $130 million worth of contemporary and Chinese art, rare bronzes, furniture and antiquities at their semi-annual Asia week sales. Full story

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Picasso fetches $45 million at Sotheby's sale

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Related Photos

Selby Kiffer, American manuscript expert at Sotheby's, in front of a signed portrait of Confederate General, Robert E. Lee to be auctioned by Sotheby's in New York
Selby Kiffer, American manuscript expert at Sotheby's, in front of a signed portrait of Confederate General, Robert E. Lee to be auctioned by Sotheby's in New York

Selby Kiffer, American manuscript expert at Sotheby's, discusses historical documents in front of a signed portrait of Confederate General, Robert E. Lee that is part of a collection of historical American manuscripts to be auctioned by Sotheby's in New York March 28, 2008. REUTERS/Lucas Jackson

A Sotheby's employee poses with Claude Monet's artwork "Le Palais Contarini" at Sotheby's auction house in London
A Sotheby's employee poses with Claude Monet's artwork "Le Palais Contarini" at Sotheby's auction house in London

A Sotheby's employee poses with Claude Monet's artwork "Le Palais Contarini" at Sotheby's auction house in London June 7, 2013. REUTERS/Luke MacGregor

A Sotheby's employee poses Lucio Fontana's artwork "Concetto Spaziale Attese" (L) alongside El Greco's "Christ on the Cross" at Sotheby's auction house in London
A Sotheby's employee poses Lucio Fontana's artwork "Concetto Spaziale Attese" (L) alongside El Greco's "Christ on the Cross" at Sotheby's auction house in London

A Sotheby's employee poses with Lucio Fontana's artwork "Concetto Spaziale Attese" alongside El Greco's "Christ on the Cross" at Sotheby's Auction House in London June 7, 2013. The artworks, with an estimated value of 4.5 million pounds Sterling (6.9 million U.S Dollars) and 5 million pounds Sterl

A Sotheby's employee poses with Rene Magritte's artwork "L'idee" alongside Pablo Picasso's picture "Le Peitnre" at Sotheby's auction house in London
A Sotheby's employee poses with Rene Magritte's artwork "L'idee" alongside Pablo Picasso's picture "Le Peitnre" at Sotheby's auction house in London

A Sotheby's employee poses with Rene Magritte's artwork "L'idee" alongside Pablo Picasso's picture "Le Peitnre" at Sotheby's auction house in London June 7, 2013. The artworks, with an estimated value 2.5 million pounds Sterling (3.8 million U.S. Dollars) and 7 million pounds Sterling (10.8 milli