Art market

News
Art market

San Francisco museum's Rothko sells for $50m as Sotheby’s closes bumper week of New York auctions

Dana Schutz’s record broken twice in one night at Phillips then Sotheby's, while the bidder behind the $91m Koons Rabbit buys Lee Krasner painting for $10m

Review
Art market

Back to the drawing board: new London fair pushes works on paper

Draw Art Fair at Saatchi Gallery caters to fans of the quieter medium with a range of budgets

News
Art market

Rabbit hops to a record $91m at Christie's as Jeff Koons once again becomes the world's most expensive living artist

Post-war and contemporary sale in New York also produced a big sale for Robert Rauschenberg and new records for Louise Bourgeois and Jonas Wood

News
Art market

Monet's glowing haystacks set alight Sotheby's Impressionist and Modern art sale with a new £97m record

Market is alive and kicking at the top for prime Impressionist works, though Bouguereau's uncomfortably placed, 19th century Bacchanalian scene failed to sell

Feature
Art market

'Those were different times': the antics of an Imps and Mods dealer in the swinging sixties

Martin Summers recalls a long and eventful career in the trade

News
Art market

Anish Kapoor unveils new paintings that evoke menstruation

British artist says men should be able “to deal with women’s questions”, as first major solo show in China is announced

Comment
Tbilisi Art Fair

Why I agreed to join the advisory board of the art fair in Georgia (no, not the southern US state)

It has art schools, tradition, a culturally rich catchment area, and a true-grit backer

News
Art market

Big but bland Impressionists lead Christie's sale, with new records for a peachy Cezanne and feline-filled Bonnard

Fresh material from big collections led the $399m New York auction, while mid-tier Monets primed the market for his $55m haystacks work at Sotheby's tonight

News
Knoedler

Knoedler owner Michael Hammer may be liable for fraud over fakes, New York judge finds

The ruling was based on the loose business dealings of Hammer, the gallery and its parent company—like reimbursing him $2m for luxury cars

News
Art market

UniCredit to sell off one of world's largest corporate art collections

The Italian bank, which just announced €1.4bn profit in first quarter of 2019, will offload some of the 60,000 works of art in order to fund social initiatives

News
Law

Wildenstein & Co sued for the 1985 sale of an alleged fake Bonnard painting

The collectors are seeking more than $300,000 in damages after the painting failed to be authenticated before heading to auction last year

News
Art market

Carl Freedman opens Margate gallery 30 years after first visiting town with former girlfriend Tracey Emin

Dealer, who started out mounting exhibitions in East End warehouses in the 1990s, has opted for a change of pace—and much larger space—in seaside town

Review
Art market

Expanded Art Chengdu bucks slowing Chinese economy

Second edition of fair moves from tent to bricks-and-mortar in western China's 'skyrocketing' city

News
Art market

Italian galleries no longer have to pay artist royalties on primary market sales

New guidelines are published after six year negotiation, but galleries will have to provide written contracts with artists when acting on consignment

News
Design

When form plus function equals art

High-profile shows are breaking down the boundaries between designers and artists

Review
Art market

Watch out Frieze, here comes Tefaf with its mac and cheese

Sales to the Upper East Side set may take their time at the New York fair, but they do happen and exhibitors praise its slick presentation and diverse offering

News
Frieze New York 2019

The walls come tumbling down at new Object & Thing fair

Brooklyn fair waives stand fees, charges a commission on sales instead

News
Frieze New York 2019

African art fair 1-54 decamps to NY’s West Village

Newcomers seize on a “logical place to be”

News
Art market

Sotheby’s reports loss of $7.1m in first quarter of 2019

Lack of supply dogs London and Hong Kong and guarantees are down over 50% as former chief operating officer Adam Chinn apparently joins the Mugrabi dealing family

News
Art market

With loot from two veteran dealers and one artist, Christie’s Old Masters sales push $50m

A Dutch double portrait from Frank Stella's collection led the New York auctions by fetching $10m

News
Frieze New York 2019

Done deals: what's selling in New York this week

Follow our tweets tagged #TANsalestally for notable purchases from Frieze New York and the surrounding fairs

Preview
Art market

Private view: must-see gallery shows opening this May

New commercial gallery shows—from a new space in south London to an apartment show in San Gimignano

Analysis
Art market

Spanish still-lifes test the staying power of a dealer's legacy at Christie's

Two works from the private collection of renowned New York dealer Herman Schickman, previously on long-term loan to the Met, hit the auction block today

Blog
Frieze New York 2019

Frieze New York diary: from Oliver Beer's pot sounds to art dealer Joel Mesler's watercolour portraits

Plus, Mark Zuckerberg and other tech bros as Greek and Roman gods

News
Frieze New York 2019

Why advance sales at fairs are gaining ground

In the internet age, pre-selling at fairs is commonplace but collectors are unlikely to stop buying in person any time soon

News
Venezuela

Venezuelan art market fractured as coup erupts in Caracas

Once the cultural darling of South America, the country's capital is now a shadow of its former glory as artists and dealers struggle in the face of a military uprising

News
Frieze New York 2019

VR market realities tested at Frieze New York

This edition of the fair has a special section of virtual reality and augmented reality works

Analysis
Frieze New York 2019

Battle of the art fairs: Frieze New York feels the pinch as Tefaf gains ground

After contending with flooding in 2017 and a heatwave last year, some major players are heading for the Armory instead

Interview
Art market

Tefaf chairman Nanne Dekking speaks out about sexual abuse at Amsterdam 'cult'

Opening up about his traumatic experiences as a young man, he says the industry must act to improve transparency and diversity

News
Art market

Frans Hals court case may be settled but it raises questions over science, scholars and contracts

After settling with dealer Mark Weiss, Sotheby’s is still trying to recoup losses after refunding US buyer of the painting

News
Art fairs

NADA to launch Chicago fair in September

After cancelling its New York event, the organisation's new Chicago Invitational will feature around 40 galleries in the historic Chicago Athletic Association

News
Art market

Art Brussels stretches rules to include galleries that eschew bricks-and-mortar

Nomadic, collaborative and pop-up models are all showing in the new "Invited" section of the Belgian fair, but is it too little, too late?

News
Art market

Artvest sells its stake in Tefaf New York just days before fair opens

Sale marks the end of legal battle over ownership between the US art investment firm and the non-profit Dutch fair group

News
Art market

EU copyright crackdown is intended to protect artists, but might it damage their market instead?

New laws to stop copyrighted material from being uploaded to social media without permission could pose problems for those using sites like Instagram to sell art

News
Art market

Two art dealers sentenced over 'fake-genuine' Rodin sculptures after 18 year legal battle

US-based Gary Snell and Paris dealer Robert Crouzet found guilty in French court of making and selling copies of works by the French sculptor

News
Art market

On the Bard’s birthday, Sotheby’s announces it will offer Edward Hopper’s ode to Shakespeare

Estimated to fetch $7-$10m, the New York cityscape, depicts the iconic Central Park statue of the playwright

News
Art market

Artory bags Spotify backer in first funding round

The blockchain-based art registry announces a $7.3m group investment, following the acquisition of Auction Club and partnerships with Christie’s

News
Art market

Larry Gagosian launches art advisory firm in New York

Laura Paulson, formerly of Christie's, to head up new business, while her husband Andrew Fabricant has been promoted to the new position of chief operating officer

Comment
Art market

Should dealers reveal past prices in provenance?

London case surrounding Brueghel painting raises questions over whether a work's full sales history should be listed—even when that shows a big markup

Review
Art market

Smaller Art Cologne caters to our short attention spans

Less is more in the internet age, says organiser of fair which has dropped from 210 exhibitors to 176

News
Havana Biennial

Cuban galleries rebound as Havana Biennial opens

Dealers mount work that responds to political tensions while noting art is a 'difficult business' in Havana

News
Art market

Patronage without pretension abounds at the 2019 edition of the Dallas Art Fair

The 11th edition of the Texas fair boasts cats, cacti and a sense of community that has some dealers returning after a hiatus

News
Art market

Kamel Mennour to show controversial 'rediscovered' Caravaggio in Paris gallery

Judith beheading Holofernes—due to be auctioned this June estimated at £86m-£129m—will be juxtaposed with a Daniel Buren installation

News
Art market

Court case over 'modern forgery' Frans Hals concludes but judgment reserved until summer

Sotheby's James Martin stands by his assertion that the painting is a fake following hours of interrogation challenging the independence of his scientific analysis

News
Art market

Bonn library recovers 600 books missing since the Second World War

Sotheby's assisted the return of the books, including 11 medieval manuscripts, which were found in Belgium

Blog
In the frame

Art Basel to unite across continents to celebrate 50th anniversary

News
Art market

Another shake-up in art finance sector as Athena sold for $170m

New owner, digital investment platform YieldStreet, calls art finance an "exciting and sound new investment option" with low correlation to the stock market

Preview
Art fairs

ArteBA unfazed by uneasy Argentine recovery

The 28th edition of the fair opens this month as the Argentine economy continues to struggle—but the cultural sector remains upbeat

News
Art market

UK art market recovered in 2018, with hike in exports to UAE while trade with Switzerland declines

Global art and antiques imports and exports in and out of the UK increased last year but are yet to reach the levels seen during the 2015 peak

News
Art market

Bigger is not always better at New York's Photography Show

Although down a few exhibitors, Aipad's annual photo fair delivers with both large-format and intimately scaled photos

Blog
Adventures with Van Gogh

What lies behind the auction of Van Gogh’s gun?

New details on “the most famous weapon in art history”

Review
Art market

A 'feminist fair' but Art Paris still lacks a clear identity

Focus on female artists this year has given the fair a boost yet some exhibitors think more should be done to draw international collectors

News
Art fairs

SP-Arte opens with a bright mood and sunny outlook on the market

Sales were slow—and stayed mostly inside the Brazilian circuit—but the trade remains optimistic

Preview
Private view

Private View: must-see gallery exhibitions opening this April

New commercial gallery shows—from East African scenes to Freud’s sitter

Comment
Art market

Why KAWS is not a great artist

Brian Donnelly's painting sold for a record $14.8m at Sotheby's—but there is little value in his art

Comment
Caravaggio

Discovery in a Toulouse attic is no Caravaggio

There are too many oddities in the painting discovered in France five years ago

Interview
Art market

'I would give my head to be cut off—like Holofernes!' Eric Turquin on the Caravaggio attribution

The Old Master specialist who researched the provenance of the recently attributed painting on the joys of exploring French attics

Review
Art market

Sketchy Brexit fails to smudge Paris drawings fair

Sales at the Salon du Dessin continued to be brisk regardless of turmoil in UK parliament

News
Brazil

Brazil’s art market emboldened by Bolsonaro as São Paulo's SP-Arte fair opens

Controversial president’s economic reforms may prove a boost for the country’s art market, despite worries about censorship

News
Art market

European Parliament puts 'urgent' phasing out of freeports top of agenda

New report deplores the use of freeports to permanently store assets such as art

Blog
In the frame

Belieber in the KAWS: did Justin Bieber buy record painting?

News
Art market

Sotheby’s settles claim against London dealer Mark Weiss in Frans Hals case

Settlement came day before trial was due to start, but its suit against financier will continue

News
Art fairs

What has sold at Art Basel in Hong Kong?

Early sales reports raise old questions about the process of selling at a fair

Comment
Art Basel in Hong Kong 2019

'Fingers crossed for China’s art market'

The latest Art Basel and UBS report makes for uncomfortable reading

News
Art market

Works by major Indian Modernists lead $8m sale of jailed diamond dealer's art collection

Saffronart's sale of works from Nirav Modi's collection is the first time an Indian auction house will sell on behalf of a government agency

Interview
Commercial galleries

Five minutes with… Brett Gorvy on the Asian art market

Lévy Gorvy launches its Hong Kong space with a group show exploring how nature and tradition have provided comfort in turbulent times

Interview
Art market

Sandy Angus—founder of six fairs across Asia—on his mistakes, MCH Group and a new event in China

In the first of a new art market interview series, we speak to the art fair boss about his career

News
Art market

‘Stay of execution’ for art shippers as EU extends deadline for permits

A shortage of ECMT permits poses “huge concerns” for British art handlers in Europe

News
Art market

Controversial auction of Hertfordshire council's art collection sells out for £444,000

Important art world figures and institutions condemn the move

Review
Art market

No mega-buck deals, but Art Dubai dodges economic doldrums

City's economy may be flagging, but fair's diverse offering and clientele help sales stay afloat—up to a certain price

News
Blockchain

Blockchain-based art registry Artory acquires Auction Club database

The acquisition will make public 4,000 international auction house sale records