Portrait Created By AI Sells for $430k

Portrait Created By AI Sells for $430k

When Christie’s announced it would be auctioning off its first AI-generated portrait, the fine arts company expected the piece to sell for less than $10,000. Much to everyone’s surprise, it sold for much higher: $430,000, to be exact.  The portrait, which the BBC...
Christie’s Auction Sets Record

Christie’s Auction Sets Record

Christie’s auction house hit record breaking numbers this week, bringing in more than $317,801,250 for American artwork. The big winner of the night was Edward Hopper’s iconic “Chop Suey,” which sold for an incredible $91,875,000. The 1929 oil painting is...
Auction Season Heating Up in New York

Auction Season Heating Up in New York

Some of the biggest auction houses are gearing up for tremendous sales. Both Sotheby’s and Christie’s auction houses have seen their stocks rise and rise; their total sales clocked in at about $7 billion each in 2014. Earlier this year, Christie’s auctioned off a...
eBay Begins Streaming Sotheby’s Auctions

eBay Begins Streaming Sotheby’s Auctions

Art auction houses like Christie’s and Sotheby’s have been appraising and selling fine art for centuries (both were founded way back in the 1700s!). This tradition of art auctioneering has changed tremendously over time, but perhaps the most significant change to the...
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