Black used a loophole to avoid taxes on two art deals, including the sale of a $25 million Giacometti sculpture.

The UK government hopes a local arts institution can match its purchase price.

Christie's auctioned off a rare chandelier by Swiss sculptor Alberto Giacometti for more than $3.5 million.

A similar piece sold in 2018 for roughly $9.3 million.

Here's what we're reading this morning.

Previously inaccessible works will be seen by the public at the 65,000-square-foot museum.

Clear signs point to a discrete auction buyer with an established philanthropic footprint.

Sun purchased $22 million in art at Christie's in March.

Records were set for Agnes Martin, Jackson Pollock, Robert Irwin and Michael Heizer.

The unusual auction format is meant to combine the anonymity of a private sale and the competition of public auction.