Art market
From long-lost portrait by Gustav Klimt to a painting by the ‘Persian Picasso’: our pick of the April sales
Plus, a mid-career painting by African American artist Hughie Lee-Smith
As Art Basel Hong Kong gets off to brisk start, young buyers make their presence known
Predominance of new generation reflects an emerging trend across Asia
'Queer people may soon be forgotten if their estates are not properly cared for': Patrick Sun on his philosophy for collecting
The pioneering patron of LGBTQ+ art in Asia discusses the importance of preserving community legacies and shares his favourite Hong Kong eateries
New Hong Kong: how the city aims to stay a global art hub
The SAR is riding out economic and political challenges with more buyers, bigger galleries and serious art
James Fuentes staying true to downtown roots at new Tribeca headquarters
After 17 years on the Lower East Side, the New York gallerist holds forth on his move to “the middle of the conversation”
Will Rybolovlev’s courtroom loss be the art market’s gain?
Experts predict few operational changes after Sotheby’s wins fraud trial
From museum to market in two years: Francis Bacon lover portrait to be auctioned in New York for $30m to $50m
A highlight of Sotheby's May evening sales, Bacon's first full-scale painting of George Dyer was exhibited at the Royal Academy of Arts in 2022
Executive director Nicole Berry leaving The Armory Show for senior development role at Los Angeles's Hammer Museum
Frieze's search to replace Berry, who has led The Armory Show since 2017, is already underway
UK government pledges to cut red tape around art imports
Customs processes to be streamlined to boost the domestic art market and simplify the importing of art and antiques in the wake of Brexit
Is the art trade choosing to ignore a wider world in crisis?
Amid threats to freedom, career moves and censorship become hard to tell apart
New book reveals how art dealer Léonce Rosenberg trod the line between salesman and Modern art's great champion
He declared the auction to be art’s true benchmark, but Rosenberg was also a committed promoter of the avant-garde
Art trade figures voice major concerns over new EU import licensing regulations
The restrictions will focus on imports of non-European cultural property
Keith Piper on tackling Tate Britain’s racist Whistler mural
Plus, the top takeaways from the new Art Basel/UBS report and a weaving by Anni Albers
It’s time to end the predatory practices of 'sleeper hunters'
Sleeper hunter dealers must recognise they have an asymmetrical relationship to vulnerable people pressured by circumstance to sell off their treasured heirlooms
Global art market value fell by 4% in 2023 amid ‘inflation and wars’, Art Basel/UBS report finds
Last year saw a drop in sales of ultra high-value works but an increase in trading volume
Focus, not faff: considered adjustments prove welcome at TEFAF Maastricht
A shorter runtime, a new Focus section and outreach to young buyers show promise as a way forward for the venerable Dutch fair
The Gray Market: Anyone wrestling with money's influence on art has 800 years of company
A show at the Morgan Library & Museum traces the modern economy's emergence in the Middle Ages—and how it influenced art from the start
An explosive cocktail of desire and betrayal in a novel set in the 1990s London art world
This entertaining satire combines liberal quantities of sex, violence, money and drugs with the Britart scene
After two years of tremendous growth, France's art auction market is in decline
Overall auction results are strong—largely thanks to rise of second hand car purchases—but sales of fine art and antiques have fallen significantly from last year
Christie’s marathon evening sales in London make a within-estimate £163m
The 20th/21st century and Art of the Surreal auctions were up 18.5% by value on their March 2023 versions
Phillips’s evening sale of 20th-century and contemporary art in London comes up short, despite healthy mid-level bidding
The 27-lot sale brought in £10.9m without fees after three works were pulled and another three failed to sell
Tefaf’s new Focus stands aim to be more than just another ‘special’ section
Made up of ten main fair exhibitors doing double duty, the section offers the space to experiment.
Sotheby’s Modern and contemporary evening sale in London makes 40% less than last year
The auction house made £82m before fees and set records for Etel Adnan and Takako Yamaguchi
Paris court finds billionaire dealer Guy Wildenstein guilty of tax fraud
He has received a four year prison sentence and been fined €1m for concealing from authorities a massive art collection to avoid paying inheritance tax
Cautious but calm art market awaits London’s March auctions
Expectations are measured as sector adapts to new economic landscape
Art Basel Hong Kong finally back to pre-pandemic size—what’s changed since 2019?
The city’s art ecosystem is rapidly expanding, but an economic slowdown across China and continued political interference from Beijing could mean stormy seas ahead
From a rare auction sighting of a Blue Period Picasso to a rediscovered Turner: our pick of the March sales
Plus, a painting to celebrate Francis Newton Souza’s centenary
Slimmer Frieze Los Angeles fair has simmering start on first VIP day
California galleries did swift business in the fair’s opening hours, but dealers reported fewer seven-figure sales than last year
After a surge in Los Angeles galleries, competition for staff heats up
From assistants to senior directors, the city is ripe with opportunity as the local art market continues to mature
Richard Saltoun will open a New York gallery in May
The space’s debut show will be dedicated to Canadian artist Jan Wade, her first solo exhibition in the US