Art market

News
Art market

Art Basel owner to launch contemporary art fair ART SG in Singapore next year

MCH Group expands burgeoning roster of international art fairs with annual November event

News
Art market

Banksy painting sells for record £1.5m as ‘greatest hits’ show opens at London gallery

Prices for larger works by the Bristolian street artist could fetch more than £5m

News
Law

Russian car czar Vladimir Scherbakov is the collector who has accused a Swiss dealer of overcharging him, sources say

A criminal investigation has been opened in Geneva on the sales of dozens of works by artists including Picasso and Matisse, for which the broker pocketed €38m in fees

News
Law

Appeals court largely strikes down California’s artist resale rights law

The decision limits the rule to a narrow one-year window of secondary market sales—but what does it mean for the future of droit de suite in the US?

Analysis
Art market

More than just a pretty face: furrowed brows win at Christie's patchy Old Master sale, but £6.7m sculpture tops paintings

Tacca's Hercules is star of the bronzes, while Carracci's military portrait and Rembrandt's print find favour where Rubens's daughter flounders in £31.1m sale

News
Art market

From project space to mega dealer: Jay Jopling celebrates 25 years of White Cube

Hong Kong show features rarely seen archival material, while 23 artists have made new works for an exhibition dedicated to memory in London

Analysis
Art market

Guarantees, the Beckham effect and warts-and-all portraits: Sotheby's pulls off a consistent Old Master sale

No big hitters, but overall quality and new buyers from Asia and Latin America buoyed £42.6m auction, with £5.3m record for Canova set in day sale

News
Art market

Otto Naumann comes out of 'retirement' to join Sotheby's

Veteran Old Master dealer will join the auction house in New York at the end of the summer, months after selling his inventory there

News
Art market

Glut of sculpture in London auctions, despite Giambologna withdrawal

Bronze and marble take centre stage during Old Masters sales week, although Dresden Mars returns home without going on the block at Sotheby's

News
Auctions

German government steps in to buy Giambologna as minister says Bayer should have donated it to ‘people of Dresden’

Sotheby’s withdrew bronze sculpture of Mars from auction at last minute

News
Art market

Old Master saga: expert hired by vendor to prove Saint Jerome's authenticity says it is a fake

Maurizio Seracini concurs that the painting sold by Sotheby’s in 2012 is a modern forgery

Preview
London Art Week

Re-discoveries, the Holy Grail of Old Master dealers: we pick out four at London Art Week

From a Van Dyck once thought to be by Rubens to William Nicholson's portrait of an actress identified only weeks ago

News
Art market

Myrna Ayad steps down as Art Dubai director, while fair plans to move Modern section in 2019

Ayad says decision to leave was "personal" and plans to launch her own art consultancy

News
Art market

Guy Wildenstein cleared of tax evasion for a second time in Paris

Franco-American scion of art dealing dynasty was accused of hiding art and other property worth hundreds of millions of euros from French authorities

News
Art market

Tefaf brings management of New York fairs under European control as Artvest agreement ends

Netherlands-based organisation will oversee events as two-year agreement with US firm expires, but Michael Plummer and Jeff Rabin remain as shareholders

News
Art market

From Marina Abramovic's face to a butcher's shop diorama, early sales at Masterpiece London

UK capital's heatwave lends a relaxed summer atmosphere to cross-collecting fair, where deals are done at a slower tempo than at contemporary events

News
Art market

London’s contemporary art summer season in flux as middle market comes out on top

Christie’s introduces day sale format and established names give way to new talent

News
Art market

Private View: our pick of July and August gallery shows

New shows at commercial galleries, from Canova's prank portrait of Giorgione to a feminist take on Pop art

News
Art market

New initiative aims to increase social mobility and diversity in the art industry

Easel will offer careers information, a mentorship programme and a grant scheme to subsidise low wages in entry level roles

News
Art market

Lucian Freud’s late reclining nude makes London record at £22.5m

Artist was 80 years old when he began the painting of a former Tate cataloguer

News
Art market

Frieze focus on women who challenged the male-dominated 1980s art market

New section at London fair will explore artists who railed against "the idea that genius resided solely in masculinity"

News
Art market

Have gallery representation and exclusivity had their day?

Increasing numbers of young artists are choosing to go it alone

News
Art market

Masterpiece grows in London, but new international fair locations not confirmed

New stakeholder MCH Group brings capital and contacts to an event shaking off its try-hard image

News
Art law

Jeff Koons and Larry Gagosian file motion to dismiss collector’s 'impatient' demands for work he did not receive

Steven Tananbaum sued the artist and gallery in April for failing to deliver works he bought in 2014, likening the incident to a Ponzi scheme

News
Art market

How did Adrian Ghenie conquer the art market?

The Romanian painter’s prices have increased 160-fold over the past decade. But who, or what, is behind this steep rise?

Review
ArtVilnius

Get over the unpronounceable names—go east for talented, smart artists at affordable prices

ArtVilnius fair has just held its tenth edition and is building the market for ex-communist countries with long artistic traditions

News
Art market

Supply wrung out? End of term feel to London Impressionist and Modern art auctions

Sotheby's sale fell below estimate while Christie’s provided some cheer, showing there is still money in Monet – but only the right one

News
Art market

Damien Hirst’s former manager Frank Dunphy to sell art collection

Sotheby’s auction includes personal works by Hirst gifted to Dunphy, or sketched on the back of restaurant menus

Interview
Art Basel 2018

Collector's Eye: Grazyna Kulczyk

The Polish art lover on her fascination with female artists and how she wishes she could have been seated at Judy Chicago's Dinner Party

Comment
Art Basel 2018

Rapper pays $18.5m for work at auction but the artist gets nothing—is the system in need of reform?

Anny Shaw asks if auction houses and dealers should pay their dues to the artists from whom they profit

News
Art Basel 2018

Done deals: what's selling in Basel this week

Follow our tweets tagged #TANsalestally for notable purchases from Art Basel and the surrounding fairs

News
Art market

Art dealers slam proposed European Union licence regulations

Revising import controls on cultural goods could impact negatively on trade, dealer organisations say

Comment
Art Basel 2018

Could fairs publish sale prices? Don’t hold your breath

“For all the supposed desire for transparency, no one will make the first move”

News
Art Basel 2018

What are the limits of Art Basel’s Unlimited?

Sector has raised the bar for large works, but price and size do not always match

Comment
Art Basel 2018

Can the art market thrive in a sharing economy?

Melanie Gerlis on how millennials don’t seem to have the same collecting gene as previous generations

News
Art market

Art Basel tests Turner Prize’s sway with foreign buyers

Is the UK’s premier award a big draw for international collectors?

News
Art Basel 2018

Plastic fantastic at Art Basel

Don’t throw it in the ocean—hang it on your wall

News
Art Basel 2018

Marshall arts: how collectors fell for Kerry James

Artist lands two big sales at Art Basel after record-breaking auction result

News
Art law

New York judge orders two Schiele works sent to Christie’s, where they could be auctioned

But the watercolours are currently at the centre of a closely watched restitution lawsuit

News
Copyright

French dealer awarded rights to Chinese artist T'ang Haywen's work

Paris court decision ends legal saga that began in 1991, when the artist died without an heir

News
Art market

A word with Marc Spiegler

Art Basel’s global director on collector behaviour, auction price databases and the complexity of the art market

News
Art Basel 2018

Gender politics to the fore at Basel satellite fairs Liste and Volta

“The personal is political—this is a clear and present undercurrent,” says Volta artistic director Amanda Coulson

News
Law

Daughter sues her father over Jean-Michel Basquiat painting

Belinda Neumann-Donnelly claims the work could have made an extra $15m if Hubert Neumann had not tried to block its sale

News
Art market

Collector appeals for return of Pissarro painting restituted through a 1945 order made by the Allies in France

"This may raise many important Holocaust issues for the French market," Christie’s says

News
Art market

New York gallerist Tanya Bonakdar to open first space in Los Angeles

The dealer says her artists encouraged the expansion

News
Art market

Sotheby's sues Greece over its claim to ancient bronze horse

A case of man bites dog: auction house turns the tables on Greek government after it was forced to withdraw the figure from New York sale in May

News
Art market

A Saatchi for the next generation? Damien Hirst commissions 21 works by emerging artists for new show

Artist mentored Boo Saville, Helen Beard and Sadie Laska, allowing them to create their largest pieces to date in his studios for Newport Street Gallery show

News
Art market

Iran’s art market defies expectations in face of US sanctions with new fair

In a first for Iran, the Teer Art fair is set to open in June amid a growing but fragile market environment

News
Art market

Are Sergei Skripal sanctions hitting Russian buying and selling at UK auctions?

Hostile relations between Russia and the West following attempted poisoning of former MI6 spy may dampen bidding at London's Russian sales

News
Art market

Zao Wou-Ki dominates Hong Kong auctions

Chinese-French Modern master continues to lead Chinese Modern art market

News
Art market

Russian tycoon accuses Yves Bouvier of 'campaign of disinformation' as US calls off investigation into Swiss entrepreneur

Dmitry Rybolovlev's $450m windfall from Salvator Mundi sale undermined fraud allegation, report says, but criminal cases against Bouvier in Europe are ongoing

News
Auctions

Tom Thomson sketch hidden in Canadian basement sells for C$480,000 at auction, more than double its high estimate

The work’s owner, a retired nurse, chose not to attend the sale in person due to nerves “in case it was worth something”

News
Street art

Banksy’s records will tumble in ‘greatest hits’ show, former dealer says

Highest price to date is $1.9m, but Steve Lazarides says some paintings have a £2m-plus price tag

News
Auctions

Stored in a basement, Canadian woman’s painting turns out to be Tom Thomson sketch

The work is due to be auctioned in Toronto with a high estimate of $135,000—and will fund a Mediterranean cruise for the owner and her friend

Preview
Art market

Paris Gallery Weekend is a shot in the arm for city’s under-the-radar gallery scene

The state-backed fifth edition is biggest ever with 44 galleries across five districts

News
Art market

Christie’s reintroduces contemporary art to its London summer calendar

Still no evening auction, but blue-chip artists make way for fresh talent in new day sale format

News
Art market

Women speak out about the gender pay gap at UK auction houses

Blaming an ingrained culture, auction houses vow to correct imbalance in women’s pay and representation in the highest ranks

News
Art fairs

Armenia's first art fair goes ahead in face of revolution

Despite civil unrest and a national lockdown, the Armenia Art Fair continued as planned—with free stands for the first edition

News
Auctions

Berkshire Museum’s $8.1m Norman Rockwell leads American art auctions, despite deaccessioning controversy

The US artist dominated the top prices during New York sales series, where the commercial appeal of attractive subjects showed through in prices

Analysis
Art market

Can Tbilisi sustain an art market?

Georgian capital hosted its first art fair last week and new galleries are opening, but it is still early days

News
Art market

Second tranche of Aristophil's manuscripts collection to be sold in Paris, but will it flood the market?

After a difficult first series of auctions last December, Drouot holds more sales in June to disperse holdings of bankrupt French firm

News
Art market

Art Stage Jakarta 2018 cancelled amid unrest in Indonesia

Organisers cite the Asian Games and country's presidential election next April as reasons for the decision, but say fair will return in 2019

Analysis
Art market

ARCOlisboa grows, but still needs more international galleries

Third edition of the fair in Portuguese capital reflects Lisbon's expanding art scene and improving economy

News
Art market

Is Bonhams for sale?

Advisory group NM Rothschild has reportedly been brought in to oversee a possible sale of the British auction house

News
Art market

Kraemer brothers among six charged over allegedly fake Louis XIV furniture

Laurent and Olivier Kraemer charged with organised fraud and money laundering in ongoing investigation over so-called "fake Boulles"

News
Art market

Jan Fabre explores Belgian identity—and rails against far-right nationalists—at new Galerie Templon show

New space for the Paris dealer consolidates gallery’s position as primary market power in France

News
Art market

Out with the old in with the new, with a side of Bacon, at Phillips and Christie's $528.8m auction night

New record for Joan Mitchell as fresh artists join the $10m-and-up club—but Bacon and Basquiat still dominate top prices in New York

News
Art market

Edward Burtynsky unveils preview of Anthropocene project at Photo London

Canadian photographer has been working with scientists to draw attention to man's impact on the planet

News
Art market

Kerry James Marshall sets $21m record for a living African American artist at Sotheby's sale

Rapper P. Diddy identified as buyer of the Chicago-based painter's Past Times

News
Art market

Tbilisi’s first contemporary art fair hopes to draw new buyers

Steep rise in foreign investment in Georgia and steady economic growth has prompted a “new generation of art buyers”, says director

News
Art fairs

Former exhibitor in dispute with Photo London over stolen Juergen Teller

London dealer Alison Jacques says the photograph was taken from last year's fair and another work was damaged due to temperature fluctuations

News
Art market

Christie’s $416m Impressionist and Modern art sale reaffirms bullish market for top material

Even without a $150m-plus headliner, the auction topped rival Sotheby’s by $100m thanks to deeper, more even bidding

News
Art fairs

Larger Photo London reflects genre’s growing appeal

Fair expands into new pavilion at Somerset House and features new Augmented Reality experience from Canadian artist Edward Burtynsky

News
Art market

First exhibition on Jean Dubuffet’s fascination with cities to open this summer

Hauser & Wirth show in Zürich includes loans from the Tate, the Stedelijk Museum and the Fondation Dubuffet

News
Art market

Nahmads confirm Picasso’s $115m flower girl will go to Paris

Dealing dynasty says that the painting bought in the Rockefeller sale will be loaned to the Musée d’Orsay

News
Art market

Modigliani nude leads Sotheby's $318.3m Impressionist and Modern auction

Sex sells—but only if it is guaranteed

News
Art market

Object lessons: our picks from this week's evening auctions in New York

Highlights include works by Cady Noland, Kerry James Marshall and Lyonel Feininger

Preview
Art fairs

Back from the brink: is Lisbon's gallery scene in recovery?

Aided by Portugal's rising GDP and wealthy foreign investors, ArcoLisboa has provided a shot in the arm to capital's art market

News
Art market

Rockefeller collection 100% sold at Christie’s New York

Leaning on romance of Rockefeller name and its appeal to international and first-time buyers, the auction house triumphed in its marathon week of sales

News
Art market

Online sales, Asia and guarantees: auction house chiefs on the future of the business

The heads of Christie's, Bonhams and Phillips speak on market shifts, challenges and why they believe their model will succeed

News
Auctions

Christie’s to sell second Monet from the Gare Saint-Lazare series after Rockefeller auction

Painting is “one of the most important” by the Impressionist artist to be sold in London in the past 20 years

News
Art market

Too hot to handle? Frieze New York to compensate all dealers after sweltering fair sent collectors packing

Details yet to be finalised, but the fair is also looking at how to deal with “increasingly erratic weather” after heatwave sent exhibitors into meltdown

News
Art market

Rockefeller heavy-hitters pull in $646m for charity at Christie's

Evening auction featuring the family's most valuable works set new records for Monet and Matisse

News
Art market

Live from the saleroom: Christie's auctions the art collection of Peggy and David Rockefeller

Sit back, relax, and follow the action from tonight's evening sale via tweet

News
Art market

Judge halts suit filed by collector seeking to block sale of Basquiat at Sotheby's

The painting, estimated to bring $30m, is a key lot in the auction house's upcoming evening sale in New York

News
Art market

How did the Rockefellers shape the modern art market?

Ahead of the sale of the David and Peggy Rockefeller collection at Christie’s this week, the family's archivist examines their approach

News
Art market

Sotheby’s sale of Howard Hodgkin’s works on paper supports new print catalogue raisonné

Every work by the late UK artist up for auction—from stage designs to book covers—is an artist’s proof

News
Art market

Highlights from Tefaf New York Spring

Second edition of Manhattan fair might lack Frieze's contemporary edge, but it has grown-up appeal

News
Art market

Private sales jump 70% at Sotheby's

First-quarter earnings show aggregate auction sales of $667m, affirming market's strength

News
Art market

Object lessons: a drawing board made for Karl Lagerfeld and more

Our pick of highlights from upcoming auctions

News
Frieze New York

And the Frieze New York stand prizes go to… Nuno Centeno and Jhaveri Contemporary

The jury applauded the Indian and Portuguese galleries for presentations that were "bold" and showed "the spirit of risk"

News
Fairs

Is Tefaf New York Spring favouring mega-galleries over Maastricht regulars?

Fair’s second edition attracts new high profile exhibitors, but some dealers complain that US expansion has prompted a departure from Dutch fair's historical roots

News
Art market

Private View: our pick of May gallery shows

New shows at commercial galleries, from emerging names to rediscovered talent

News
Art market

Frieze to bring West Coast buzz to New York

Art fair hopes to present unified voice from coast to coast

News

European Union tightens anti-money-laundering rules in the art market

Dealers will be compelled to verify identity of customers buying art for €10,000 or more

News
Gallery Weekend Berlin

Art fest: Gallery Weekend Berlin takes over the city

Commercial and non-commercial enterprises combine as the most important event in the German art calendar gets underway

News
Art market

Should big galleries subsidise smaller ones?

David Zwirner's idea that art fairs tax top dealers to support younger galleries signals concerns over the fragile ecosystem of the art market

News
Art market

Two new art fairs hope to tap into mainland China market

Art Chengdu and JingArt aim to join the first rank of the country’s burgeoning events calendars

Review
Commercial galleries

Four must-see shows at Berlin's gallery weekend

From a gallery floor-turned-treadmill at Alexander Levy to Aztec inspiration at Barbara Wien

News
Art market

Sotheby's to offer Modigliani nude with $150m estimate, one month after it was shown at Tate

The work is the largest in the artist's most sought-after series of pathbreaking Modern nudes