Art market

Blog
Frieze Los Angeles 2020

Diary: Grimes hits the decks, the art of small business and Frieze hits the rocks (in a good way)

Plus Miss Ellie gets a makeover, and fair denizens tone up

News
Frieze Los Angeles 2020

Turrell's Roden Crater gets some starry support

Proceeds from sales of colour-shifting works by the artist will go toward a fundraising and awareness-raising initiative for the crater

News
Frieze Los Angeles 2020

Sun and sales on the best coast: LA’s second edition of Frieze firms up the city’s art market potential

Strong sales during VIP hours at both Frieze and Felix have dealers embracing the California dream

News
Australia

Street art auction in aid of Australian bushfire clean-up includes works by Banksy and Shepard Fairey

The Bushfire Relief Auction in Melbourne has been organised by the collectors Sandra Powell and Andrew King and prices start at £200

Analysis
Art market

Phillips’s sale reveals contemporary art's hottest stars but still misses its low estimate

Auction results this week are expected to be down by almost a quarter signalling a "low tide" in London

News
Artists

British artist calls for 'unethical' Unseen fair to cease operation after bankruptcy and buy-out

The Amsterdam-based photography event has failed to pay Felicity Hammond for commissioned work, but still plans to host a 2020 edition

Blog
Frieze Los Angeles 2020

Frieze Los Angeles diary: glass orbs of LA smog and a Baldessari biscuit

Plus, Eric Doeringer pranks the Broads and Serpentine Galleries embraces the golf cart

Analysis
Art market

Christie’s contemporary sale fails to pack a punch as auction house records lowest total in a decade

Brexit casts a shadow over consignments in London, but young American female painters add some pizazz

Analysis
Art market

When artists and galleries split, what are the legal implications?

As successful artists increasingly seek non-exclusive contracts with multiple galleries, clarity becomes critical in navigating splits between artist and gallery

News
Frieze Los Angeles 2020

Dressing for success, an artist helps women demand their due

Michele Pred is asking artists, their dealers and potential collectors to commit to a price hike for works of art by women

News
Art market

Blain Southern shuts all three galleries

Harry Blain, who split from co-founder Graham Southern last year, says he is "unable to secure the gallery’s future long term"

Analysis
Art market

US banker buys Brexit Banksy at Sotheby's, making a bigger splash than David Hockney’s pool painting

Auction house fields a steady contemporary evening sale in London

News
Art market

Mat Collishaw 'parts company' with Blain Southern

British artist announced on Instagram today that he will cease to be represented by the gallery “with immediate effect”

News
Bonhams

Bonhams chief executive Matthew Girling to leave auction house

Former jewellery specialist, who joined the firm in 1988, will be replaced by Bruno Vinciguerra, who will also continue in his role as executive chairman

Blog
Adventures with Van Gogh

The €15m Van Gogh which was once sold in a farmyard auction for just £4

Now heading to Maastricht, the painting of a peasant cottage will be a highlight of the Tefaf fair

News
Art Basel Hong Kong

'With changes come opportunities': first reactions to the cancellation of Art Basel in Hong Kong

Local galleries are determined to forge ahead after the fair announced it will not take place this year in light of coronavirus fears

News
Law

New York dealer sues artist Derek Fordjour for $1.45m

Gallery owner and real estate investor Robert Blumenthal claims the artist failed to deliver seven works promised in a $20,000 deal made in 2014

News
Art market

Art Basel in Hong Kong cancelled

The decision comes a week after the World Health Organisation declared Coronavirus outbreak a global emergency and repeated calls for the fair's cancellation from exhibitors

News
Commercial galleries

Mexico City's galleries overcome growing pains as the city's art scene booms

As top-tier dealers and collectors continue to flock to Zona Maco, Material Art Fair nurtures a needed mid-level market

News
Art market

And all that jazz: upbeat sale at Christie's sees Tamara De Lempicka portrait beat record set just three months ago

Impressionist, Modern and Surrealist art auction last night made £106.8m, 35% down on last year—but with three works sold for over £10m

News
Art market

Sotheby's new owner Patrick Drahi comes to auction house's first sale in post-Brexit Britain

“No fireworks” at last night's Impressionist, Modern and Surrealist art auction that featured three restituted works

News
Commercial galleries

Flash sales and no-fee subscription scheme fuel up-start New York gallery

The dealers behind Tennis Elbow in Tribeca aim to subvert traditional artist representation with a more "democratic and transparent approach"

News
Art market

Goodbye Gerhard: Deutsche Bank shrinks art collection

Troubled firm offloads some major works, but vows to continue buying emerging artists’ work

Comment
Art market

Condo’s grassroots collaborative spirit is infectious

The London gallery sharing initiative feels like a significant step in a healthier direction

News
India Art Fair

Delhi police shut down protest-inspired work at India Art Fair

The work, which was painted live at the event, featured Urdu calligraphy and images of women in hijabs

Preview
Art market

Private view: must-see gallery shows opening in February

Huma Bhaba's humanoid sculptures and Hairy Who member Gladys Nilsson—the best new commercial exhibitions this month

Analysis
Buyer's Guide

How to buy a... René Magritte

The artist’s trademark motifs make his work easily recognisable and desirable—but there is more to this Surrealist than apples and bowler hats

Analysis
Art fairs

India Art Fair opens with a strong national spirit amid ongoing protests

Director Jagdip Jagpal says the fair is "proud" to remain regional while dealers double down on "Indian taste"

News
Hong Kong

'The arts will continue to thrive': Hong Kong galleries band together in face of coronavirus fears

Local dealers plan to forge ahead with exhibitions even if Art Basel decides to cancel this year's edition of the fair in the city

News
Art Basel

Growing unease among Art Basel in Hong Kong dealers as WHO brands coronavirus a ‘global emergency’

The fair's directors, meanwhile, say postponing or cancelling the fair “is a complex process”

Analysis
Buyer's Guide

How to buy a...Charles White

He chronicled the African American experience when white male abstraction ruled. Now record prices for his work are frequently reset

Comment
Brexit

Brexit: what's next for the UK art market?

Leaving the EU will make business with its member states more difficult but is likely to offer opportunities further afield

News
Artist estates

New York judge dismisses further counterclaims made by Robert Indiana's estate against Morgan Art Foundation

The decision made yesterday follows a similar ruling made last July in which the estate’s counterclaims of non-payment of royalties and unauthorised reproductions were dismissed

News
Commercial galleries

Mumbai Gallery Weekend and India Art Fair go on despite continuing protests

Dealers and fair organisers advocate for "freedom of expression" though many worry dissent could prompt retaliation from the government

Preview
Frieze Los Angeles

Frieze Los Angeles exhibitors challenge rules preventing them from showing at other fairs

Galleries lament terms that mean they cannot participate in multiple fairs, even when they have different styles and audiences

Comment
Art market

Millennials—monsters, or saviours of the art market?

What do young collectors want, what do they buy, and, as they become richer, will they add rocket fuel to the art market—or blow it up entirely?

News
Hong Kong

Despite protests and Coronavirus, former French prime minister and son press on with new Hong Kong gallery

Dominique and Arthur de Villepin say new space will be shaped by their collecting experiences and relationships with artists

News
Salvador Dalí

Dalí and Gala with their 'heads full of clouds' go up for sale at Bonhams

Work will be offered without guarantee from the collection of the late Modernist composer Giancinto Scelsi

News
Auctions

Sale prices soar past estimates at auction of decorator Mario Buatta's estate at Sotheby's

Christie's also holds its own at an auction of American furniture and folk art

Analysis
Outsider art

Outsider art pulls an 'in' crowd in New York

The city's Americana week saw works by 20th century self-taught artists edging out traditional folk art and antiques thanks to a growing celebrity-studded client base

Analysis
Art market

Singapore's SEA Focus fair navigates censorship and Taipei Dangdai date clash

Strong second edition of event, dedicated to Southeast Asian art, narrowly avoided coronavirus panic

Analysis
Art market

How serious are the dangers of market sponsorship of museum exhibitions?

Involvement from galleries and auction houses is on the rise as public institutions face dwindling government funds and increased scrutiny over toxic philanthropy

News
Art market

New money laundering regulations cause confusion at London Art Fair

Mid-market galleries take a mixed approach to new law, with some pricing works below the €10,000 threshold to avoid dealing with new client ID requirements

News
Art market

Art Basel in Hong Kong exhibitors call for 50% discount as concerns mount over a drop off in collectors and freedom of expression

Galleries including Lévy Gorvy, Lisson and Sprüth Magers have expressed their concerns in a letter to the fair organisers

Analysis
Art market

Dealers mix it up at more international Brafa fair

Galleries are displaying different styles and cultures at the Belgian antiques fair this year

Podcast

2020: art market issues and big shows

We look at the year ahead for galleries, art fairs and auctions, and seek out the big shows in the UK, Europe and the US

News
Art market

Christie's cancels Dubai sale of Middle Eastern art

March auction will return to the Emirate in spring 2021, but is cancelled this year due to new strategy and constrained supply of works

News
Fraud

German socialite Angela Gulbenkian faces second criminal case over Warhol picture

The Munich-based dealer and collector is also due to stand trial in London for allegedly stealing £1.1m in Kusama pumpkin sale

News
Art market

Tefaf boss Patrick van Maris—who took the fair brand to New York—quits

The president and chief executive of the Dutch fair group since 2015 will leave at the end of May

News
Art market

San Francisco fairs reflect the Bay Area's widening wealth gap

While Fog Design+Art and Untitled continue to draw established dealers, younger galleries opt out due to concerns over sustainability

News
Exhibitions

Sean Scully to have first show in Switzerland in nearly a decade

Italian dealer Marco Voena is supporting an exhibition of the Irish artist's work at the Forum Paracelsus in St Moritz

Preview
Art fairs

Singapore and Taipei art scenes vie for Hong Kong trade

Fairs hope political upheaval and ongoing protests will not deter pan-Asian collector base

Interview
Art market

In person | Dealer Daniella Luxembourg on taste-making and being stubborn

The gallery owner and art world grande dame explains why the big art fairs are not for her

News
Frieze

Frieze shake-up: former media boss chosen as company's first CEO

Changes are afoot with both the fairs and the magazine as majority shareholder Endeavor make plans for the future

News
Catalogues raisonnés

Secret papers on famous artists including Gauguin, Renoir and Monet to be revealed

New York-based Wildenstein-Plattner Institute will digitise fabled Wildenstein archive of sale catalogues, letters and experts’ notes

News
Art market

Sotheby’s to auction three Nazi-looted works restituted to Jewish collector’s heirs

Two paintings by Signac and one by Pissarro are expected to fetch as much as £20m

Blog
Adventures with Van Gogh

Want to buy a Van Gogh? Sotheby’s has four works with (relatively) modest estimates

Unseen for 25 years, they all come from a very private American collector

News
Art market

Tough UK anti-money laundering law comes into force tomorrow—here's what you need to know

The lawyer Kenneth Mullen offers advice to art dealers, agents and galleries who could be unprepared for the hastily enforced new regulations

Preview
Commercial galleries

Private view: must-see gallery shows opening in January

Lydia Benglis's sparkly vessels and an abortion rights fundraiser—the best new commercial exhibitions this month

News
Tax

Demand for New York's first freeport facility steps up

Increasing numbers of dealers and collectors take advantage of tax-exempt Arcis, the foreign trade zone in Harlem

Preview
The Year Ahead 2020

Newcomers and stalwarts: highlights from the 2020 fair calendar

Art Basel celebrates its 50th anniversary and new fairs in London and New York join the fray

Preview
The Year Ahead 2020

The Art Newspaper's comprehensive 2020 art fair guide

From Miami to Marrakech, here are all the dates you need for your calendar this year

News
Money laundering

Is the art trade ready for new EU law calling for tough action on "dirty money"?

Many dealers say new regulations on money laundering will be almost impossible to comply with

News
Art market

French government has 30 months to find funding for Cimabue kitchen painting

Culture ministry blocked export of medieval work but will the French state proceed with purchase?

News
Art market

Dutch dealer promises new Rembrandt discoveries in five-volume publication

Part one focused on early years of Old Master's career will be published in 18 months

Analysis
Art market

Jitters and reasons to be cheerful: art market experts give their 2020 predictions

Faced with economic uncertainty, turmoil in Hong Kong, Brexit and a shrinking auction market, the art trade has some justifiable anxiety about the coming year

Podcast

2019: the year in review

The Art Newspaper team ponder 2019's biggest art stories. Produced in association with Bonhams, auctioneers since 1793.

News
Art market

'All bets are off': Hong Kong protests cause insurance headaches for dealers heading to Art Basel

With pro-democracy demonstrations showing no sign of abating, the fair is working with a broker to offer galleries cover at 20 times the normal rate

Comment
Art market

Why the catalogue raisonné is the forger's bible

An international conference considered the challenges and risks— not to mention the sheer size of publications