Art market

News
Art fairs

Dealers cash in on San Francisco’s wealth of museums at Untitled Art and FOG fairs

The Bay Area collector base may be known for its tech-mined millions but institutions fuelled sales at the growing West Coast fairs

News
Art market

More diverse offerings transform New York's Winter Show into the Met, but ‘with price tags’

The inveterate fair, now in its 65th year, attracts a more youthful crowd thanks to an infusion of the contemporary

News
Banksy

Banksy buyer plans to build urban art centre in Wales

John Brandler, who paid a six-figure sum for Season's Greetings, is in talks with local officials

News
Art market

Taipei Dangdai attracts cautious but ‘committed’ local collectors in its first edition

Dealers report a high rate of works on reserve amid some strong sales at the launch of Taiwan’s new contemporary art fair

News
Brexit

UK cultural figures sign letter demanding 'People's Vote' on Brexit

Frieze's Matthew Slotover and Gagosian Gallery's Gary Waterston among signatories

News
Art fairs

The mainstreaming of outsider art yields a market in flux

New York’s Outsider Art Fair swells in size as it looks to align itself with larger contemporary art fairs

Preview
Art fairs

New York's Winter Show gets a facelift at 65

Formerly The Winter Antiques Show, the grande dame of New York fairs has dropped the word "antiques" in the hopes of drawing a younger crowd

News
Art market

Artsy co-founder Sebastian Cwilich to step down as president and chief operating officer

He will continue to work for the US online art marketplace as a senior adviser and remains its second largest individual shareholder

News
Art fairs

Art Stage Singapore cancelled

Fair director Lorenzo Rudolf says the "given circumstances" leave no other choice

News
Art fairs

New London fair in crowded art calendar looks at drawing in the digital age

Exhibitors at Draw Art Fair London in May will juxtapose drawings with related paintings and sculptures

Preview
Art market

Acceptable in your 80s: first monograph and a London show for octogenarian sculptor

Book accompanies Paul de Monchaux's new exhibition, a collaboration between his young dealer Megan Piper and Bowman Sculpture

News
Condo

Condo London brings new energy to former gallery hub in Cork Street

Complex in heart of Mayfair will be occupied by three "temporarily spaceless" galleries for city-wide event

News
Art market

Life lessons: what the art market learned from 2018

Georgina Adam speaks with three leading art world figures on the key events of last year and what 2019 may hold

Podcast

2019: art market predictions and the best events

From Brexit worries to emerging trends, we look ahead at what to expect from the art market this year. Plus, our correspondents pick the must-see exhibitions, fairs and festivals. Produced in association with Bonhams, auctioneers since 1793.

News
Art market

A monumental work by Marie Antoinette’s portraitist will headline Sotheby’s Female Triumphant sale

Major works by 14 women artists are expected to dominate Sotheby’s Masters Week offerings and bring more 'diverse' collectors

Preview
The Year Ahead 2019

Three new fairs not to miss in 2019

From Singapore and Taiwan to Los Angeles, new events attempt to break into world's fastest growing art markets

In association withQatar Museums

News
Art market

Art dealer Mary Boone claims early-life trauma prompted her criminal tax evasion

A psychological evaluation submitted by her lawyers to a Manhattan federal court ask for leniency in judge’s ruling

News
Art market

Shagalov sues Paul Kasmin Gallery over Stella ownership

The art dealer has been involved in a number of lawsuits, which allege he defaulted on purchases of art

News
Art market

Old Master works from the personal collection of famed art dealer Richard L. Feigen head to Christie's

The dealer says he will sell ten works to fund his retirement

News
Art market

Sean Kelly gallery moves into Asia with exhibition of works by Callum Innes at new Taipei project space

Inaugural Taipei Dangdai fair reflects growth of wider art market in the region

Comment
Law

Why American artists should benefit from the resale of their works

The new Congress could reintroduce a key bill to establish droit de suite in the US

News
Art market

Trump’s tax Act offers potential tax havens for art

‘Opportunity Zones’ present a new kind of tax-deferred exchange on high-value assets

News
Art market

French antiquities dealers slam ‘shocking’ report on restituting African art

Dealers’ association seeks meeting with culture minister over fears report will open the door to numerous restitution claims for a range of artefacts

Preview
Art market

Private View: Our pick of January gallery shows around the world

From the US solo debut of Rodrigo Cass in San Francisco to some of Ulay's first photographs on view in London, here are the shows to see

News
Art market

Christie's France wins the artist resale royalty battle

Supreme court victory in France allows the auction house to shift the responsibility for resale royalties from sellers to buyers of works of art

News
Old Masters

Brickmaker moves out of construction and into Old Masters investment, buying a $75m Michelangelo painting

New US owner of former Chinese building-materials business turns to lucrative fractional ownership of art

Analysis
Art market

Dealers turn to digital apps to help close sales

FaceTime and WeChat are shifting how collectors choose to buy

Comment
Art market

Lifers no more: can auction houses keep their talent up?

A slew of recent high-profile departures begs the question—are top auction house executives burning out?

News
Art market

Shifts among the major auction houses could spell serious change

Loic Gouzer to leave Christie’s as the auction house restructures in wake of Francis Outred's departure, while Phillips upgrades its New York headquarters

News
Art market

Frieze shareholder Endeavor ‘in process’ of pulling out of $400m Saudi deal

Hollywood entertainment agency intends to return entire investment after murder of Saudi journalist Jamal Khashoggi

Comment
Art market

Collaboration is key to solving art-market financial crime

Similar endeavours in other industries suggest that there is merit in working together to reduce financial crime

News
Art market

Nan Goldin photograph withdrawn from Norwegian auction after gallery objects to sale

Marian Goodman Gallery says Self-Portrait on the Train, Germany, had condition problems but seller's representative says low estimate was the issue

News
Art market

US anti-money-laundering bill could reappear early next year

Critics say the proposed law, which stalled following the US mid-term elections, would place an unnecessary burden on dealers

Analysis
The Year In Review

2018 in the market: the price is right for pale males

David Hockney was latest white male artist to set a record this year

Analysis
The Year In Review

Market stunts predict the future… and evoke the past

The Leonardo and Banksy auction spectacles suggested a future in which marketing triumphs. But was it ever thus?

Analysis
Art law

Rule of law: Legal tips for art lovers

From new exhibitor regulations at Art Basel in Miami Beach to questions over insurance and taxes

Comment
Art fairs

When do satellite fairs become space junk?

With at least 19 such events taking place during Art Basel in Miami Beach this year, have we reached "peak fair"?

News
Art Basel in Miami Beach

Late artists finally get their due at Art Basel in Miami Beach

Galleries at the fair are giving lesser-known deceased artists the credit they deserve

News
Art market

Jump-bidding for Rembrandt's fingerprints and a tale of two Van Dycks: dispatches from London's Old Master auctions

Christie's and Sotheby's sell near identical Van Dyck portraits of Princess Mary, and new records are set for Frans Hals and a jolly Judith Leyster

News
Art market

Are super-yachts the best places to keep your art collection?

From conservation and insurance to customs and tax issues, the complications of keeping art on boats

Analysis
Market

In debt we trust: the rise of art-secured lending

The rapid growth in the number of loan providers, from private banks to specialist lenders, could transform the art market’s relationship with the financial markets

Comment
Art market

Will art market speculation ever go away?

Fifteen years on since we first reported from Art Basel in Miami Beach, art as an investment has taken a new form

News
Art market

Glenn Gould’s Bach hits the auction block

The late pianist’s 1981 annotated score of Bach’s Goldberg Variations is the first of his manuscripts to come to market

News
Art market

Adam Chinn to leave Sotheby's after chief operating officer role is 'eliminated'

Former deal-maker, who joined the auction house in 2016 with the acquisition of Art Agency, Partners, will leave on 31 December

News
Ivory

$1.3m worth of ivory seized in California—the largest haul since a ban was adopted in the state

The Carlton Gallery of San Diego and a nearby warehouse had hundreds of pieces

News
Art market

Head of Sotheby’s India takes 'indefinite leave' following #MeToo allegations

Gaurav Bhatia is co-operating in "formal enquiry" ahead of auction house’s inaugural sale in Mumbai today

News
Art market

Lévy Gorvy to launch Hong Kong headquarters next March

The firm's third gallery will oversee its Shanghai office as well as representatives in Taiwan and Korea

News
Art market

Fairytale of New York in La-La land—artists to take over film set at Frieze Los Angeles

For Frieze Projects, artists including Barbara Kruger and Paul McCarthy will create site-specific works within Paramount Pictures Studios's fake New York city

News
Art market

Censorship could stifle China's art market

Under president Xi Jinping's increasingly stringent regime, galleries must negotiate a slow and capricious approval process to show works of art

News
Art market

Record set in Canada for Nobel Prize-winning doctor and artist Frederick Banting

A painting of the University of Toronto lab where he co-discovered insulin goes for ten times its high estimate in Toronto

Analysis
Auctions

The highs and lows of New York ‘gigaweek’

Hockney made the headlines, but other artists made waves—or flopped—at November’s auctions

Comment
Art market

Art authentication is not an exact science

The process of art attribution has come under attack, with forgery scandals rampant

Comment
Art market

Why the Christie's and Sotheby's duopoly is impregnable

The auction houses sell more than 80% of works priced over $1m at auction—can an underdog ever wrestle market share away from them?

News
Art market

Christie’s head of post-war art in Europe Francis Outred leaves after ten years

Auction house is yet to announce a successor, while Outred says he is taking time out to consider offers

News
Art market

Auction house pulls seven objects from American Indian sale amid protests

Native American official calls planned auction of the items “unconscionable”

News
Appointments & departures

Sotheby’s Germany chief Philipp von Württemberg resigns

Heinrich von Spreti will serve as interim managing director until a replacement is found

News
Art market

Exhibitors see steady sales at the second edition of Puerto Rico's MECA art fair

The young art fair re-opened in a new San Juan venue after being delayed by Hurricane Maria damage

Analysis
Art market

Downright quirky appetite for American masters at Sotheby's

A monumental painting of the American West by Emanuel Leutze breaks records while works by Rockwell and Hopper flop

News
Art market

London dealer Matthew Green accused of selling art used to secure more than £2m in loans

His business Mayfair Fine Art went into administration earlier this year following FBI sting operation

Interview
Art market

Notorious forger Wolfgang Beltracchi on ethics, the art market and how to make a great fake

Now painting under his own name, Beltracchi's works are part of a selling exhibition currently touring Europe

News
Auctions

Phillips and Bonhams see strong sales on smaller lots

The auction houses' bottom lines suffered from unsold lots in their contemporary sales, continuing a trend of top-lot discernment during New York’s fall sales

News
Art market

Hockney sets new auction record for a living artist, but were strings pulled behind the no-reserve sale?

The Yorkshireman's 1970s Californian scene, Portrait of an Artist, sold on the nose at $80m at Christie's in New York last night

Preview
Art market

Latin American art gets a boost on the auction block

Including the region’s art in broader sales has been a positive move for some artists' sales

News
Auctions

Nobel Prize-winning doctor’s painting of the lab where he discovered insulin goes on sale in Toronto

Dr Frederick Banting wanted to take up art full-time, but he was killed in a plane crash during the Second World War

News
Art market

African American artists sweep Sotheby’s contemporary evening sale in New York

With only two lots unsold, the auction house nets $362.6m in evening of avid bidding

Preview
Art market

How high will Hockney go and can his soaring market last?

A double pool portrait, estimated at $80m and offered at Christie’s with no reserve, could set a record for the most expensive work by a living artist

News
Art market

Record $91.9m sale of Edward Hopper’s Chop Suey buoys confidence at Christie’s American art sale

At $317.8m, the Ebsworth evening sale becomes one of the top five most valuable collections ever sold at auction

Comment
Art market

Will the UK be able to take part in antiquities busts after Brexit?

Nineteen of the accused in Operation Demetra face trial in December, while the alleged UK mastermind awaits extradition

News
Art market

Top lots go unsold at New York's Impressionist and Modern sales, proving a discerning but 'not doomsday' market

Monet carries Christie's evening sale while a Magritte shines at Sotheby's, marking an auction record for the Surrealist painter

Analysis
Art market

Performance art finds its voice at Independent Brussels

Contemporary fair has reinvented itself after scaling back and moving to a November slot, although it has lost some big name exhibitors

Analysis
Art market

Tiny, but rich: Luxembourg pushes for more presence in art market

It may be known as a haven, but buyers in the grand duchy pay 17% tax, fair director says