Art market

News
Art market

Can Biden's inauguration galvanise the US art world into finally taking action against climate change?

As new US president plans to tackle global warming on "an epic scale", green initiatives such as Galleries Commit are gaining steam

News
Commercial galleries

Galleria Continua opens new Paris space with JR-curated show

Amid Covid-19 pandemic, Italian gallery hopes to "generate smiles" with second outpost in France

News
Art market

Déjà vu: Art Basel postponed from June to September—again

Swiss fair was also delayed from June to September in 2020, before being cancelled altogether due to coronavirus

News
Art market

Why Sotheby's $80m Botticelli continues to mystify experts

Star lot of upcoming New York Master Week sales is set to smash previous auction record for the Early Renaissance painter

News
Art market

Social media replaces fairs as the third most successful sales channel for galleries in 2020, study reveals

Websites have replaced walk-ins as the second best way to sell art, but staying in top position is outreach to existing clients, according to Artsy Gallery Insights 2021 Report

News
Art market

New York art dealer Helly Nahmad pardoned by Trump

Hours before leaving office, former US president granted a pardon to Nahmad, who pleaded guilty to a federal gambling charge in 2014 and owned an entire floor of Trump Tower

News
Art market

UK Supreme Court judgment on pandemic insurance payouts 'not a blank cheque' for art organisations

Some insurers using "aggressive tactics" to reduce barrage of claims following rejection of appeal on clarification of business interruption cover

News
Auctions

Rejected Tintin cover design sets record for comic book art with €3.2m auction price

Sale of controversial 1936 painting criticised by organisation behind artist Hergé’s estate

Podcast

The white supremacist art at the heart of the US Capitol

Plus, a $2.2m Batman comic and the artists inspired by political theorist Hannah Arendt

News
Art market

Holy hammer! Near mint copy of Batman #1 sells for record $2.2m at Heritage Auctions

The rare 1940 issue, which marks the first appearance of the Joker and Catwoman, is the second most expensive comic book ever sold

News
Law

Art lawyer Frank Lord opens private practice in New York

As well as working on high profile restitution cases, the former Herrick Feinstein partner has a PhD in art history

News
Art fairs

Expo Chicago art fair is postponed again, until at least July

Online edition will open in April, however, as planners prepare for an in-person version, perhaps even later in September or next year

News
Art market

Art shippers face ‘teething problems’ transporting works to Europe after Brexit

Some air freight crates are being broken open by customs officials in EU, but UK lockdown is posing greater problems, members of the trade say

Analysis
Art market

Blue-chip artists move over, here come the red chips

Art as a blue-chip investment has had its day, as buyers chase the latest "red-chip" names

News
Art market

French High Court orders retrial of Wildenstein art dynasty tax fraud case

Guy Wildenstein and his nephew were accused of hiding assets worth hundreds of millions but were acquitted in 2017 and 2018—now they are wanted back in court for a third trial

News
Art market

Lawsuit claims $100m damages in tangled case of hidden Russian art worth $60m

Shchukin Gallery and its lawyers file new lawsuit against Russian financier Rustam Iseev, his lawyer and a New York Supreme Court judge in bid to uncover location of paintings

Comment
Art market

How will US money laundering crackdown actually impact the art market? A lawyer explains

Congress is increasing its regulation of antiquities trade and while its powers are limited for now, change will come so the art industry must prepare

News
Art market

In a swift post-Brexit move, UK rejects EU’s strict import rules on cultural property

The rules, aimed at preventing trafficking, have been opposed by the trade and UK government's decision not to continue may put EU art market at a disadvantage

Comment
Art market

A Covid-19 silver lining? Let’s not return to family-unfriendly art business as usual

The industry could work better for mothers and fathers if it doesn’t go back to the out-of-hours, out-of-town way things were

News
Art market

In the battle against antiquities trafficking, Germany develops app to identify looted cultural heritage

Government-funded image-recognition software will enable law enforcers to work with international organisations

Comment
Diary of an art historian

Auction houses have finally entered the Amazon age—and I’m addicted

I thought I’d kicked my online art and antiques buying habit but too much lockdown screen time has been my undoing

Preview
The Year Ahead 2021

Art fairs in 2021—expect spring jitters, a summer crush and maybe even a return to some normality

After a year marked by cancellations, international fairs such as Art Basel, Frieze and Tefaf are vying for attention in an already crowded year

News
Art market

‘The well is drying up’—rare Rembrandt biblical work could fetch $30m at Sotheby's next month

‘Abraham and the Angels’ is one of only two Old Testament paintings to remain in private hands

News
Brexit

Art specialists pore over the Brexit trade deal—and deliver their verdict

Artist’s resale right, import VAT, red tape, and smuggling directives are addressed by our experts

News
Art market

UK 'tourist tax' will hit dealers of jewellery, silver and small pictures hard, trade body says

Lobby groups fear abolishing tax-free shopping will deter buyers from China, the Middle East and Russia at a cost of £6bn

Interview
Art market

A crisis hits the art market once a decade. What is different this time? Christie's president Dirk Boll assesses the impact of the pandemic

As his new book is published, the auction house chief compares coronavirus fallout to previous economic disasters

Blog
The Buck stopped here

'A global conversation'—in face of pandemic, 21 galleries launch a collaborative exhibition programme

News
Art market

Gallery asks collectors to give their discounts back to the artists

Los Angeles-based Commonwealth & Council has launched the Council Fund to help support artists' financial needs with the help of its clients

News
Art market

European auction houses weather crisis as customers spend millions on art online

Expecting the worst, French, German and Austrian auction houses have been surprised by how well sales have held up through the pandemic

News
Auctions

Warhol, Oldenburg, Fontana: star works from Christo and Jeanne-Claude collection go on the block

Proceeds from the pieces sold at Sotheby’s Paris in February will go towards the artist duo's estate

News
Art market

Tech-savvy Sotheby's $5bn global sales beat Christie's $4.4bn in 2020

The two rivals have made record online and private sales as pandemic overturns traditional live auction format

News
1-54 Contemporary African Art Fair

1-54 Contemporary African art fair pops up at Christie’s in Paris as Marrakech edition is postponed

French fair is a “one-off”, according to its founding director, though a good opportunity to “test the market”

Comment
Art market

How art world leaders can embrace new money laundering regulations and create a 'think risk' culture

Punishment for the new rules now falls on the art market's top dogs, says Sotheby’s founding global compliance director Rena Neville

Comment
Art Market Eye

Asian art market flies in the face of coronavirus

Why are Asians in hot pursuit of art, and what are they buying?

News
Art market

Organisers confident physical Art Dubai fair will go ahead in March 2021

It will be the first major international art fair to return to the art world calendar since the pandemic upended business around the world

News
Art market

Grime stars: paintings set new records for Domenico Ghirlandaio and Jan Davidsz de Heem despite being covered in dirt

Christie's end of season Old Masters evening sale in London totals £22.8m, despite last-minute withdrawal of Bernadino Luini's Nativity

News
Art market

With new Chelsea space, Nara Roesler expands Brazilian presence in New York

Gallery moves from Upper East Side to larger Chelsea space and will launch residency program to promote Brazilian curators in the US

Podcast

Brexit: how will it change the art market?

Plus, Neville Wakefield on John McCracken's planks

Blog
Diary

Abso-lot-ely fabulous: Joanna Lumley tries out her auctioneering skills at Christie’s

Star sold seven illustrations in aid of Roald Dahl’s Marvellous Children’s Charity

Analysis
Art market

‘We have to broaden our reach, be more interesting’: the year the Old Master trade went digital

The pandemic has forced a resolutely analogue trade to go digital. Despite the technical hurdles, the results have surprised even traditionalists

News
Deaccessioning

Union League Club of Chicago considers selling a prized Monet to stay afloat

The decision has divided members, but there are hopes the work might stay in the Windy City

News
Art market

Record for Barkley Hendricks and $18.2m Calder at otherwise unremarkable Sotheby’s sale

Almost half of the auction's total sales value was bought by Asian buyers, but 12 lots sold below their estimates

News
Art market

Courtney Willis Blair becomes partner at Mitchell-Innes & Nash

She is one of a small few Black partners at white-owned galleries in the US

News
Art market

Rare Georges de la Tour painting sells for record €4.3m—the most expensive Old Master painting ever sold at auction in Germany

The 17th century painting of a young girl blowing on brazier by the French baroque painter sold at Lempertz in Germany today

News
Art market

New online platform puts London’s emerging art scene on the map—literally

Credit X has created digital map and database of less established art spaces and galleries in the hopes of balancing out an art world "shaped by market forces", it says

News
Art market

Christie’s and Sotheby’s ordered to disclose dealings with the late sex offender Jeffrey Epstein

Sales of paintings by Cézanne and Picasso worth a combined $139m are also under scrutiny by the US Virgin Island attorney general

Comment
Art market

The art trade benefits from the UK's low import duty. What will happen to it after Brexit?

As talks with the EU resume to reach a last-ditch trade deal, the lawyer Louise Williamson looks at what UK import rules might look like after 1 January

Blog
Adventures with Van Gogh

Poignant Van Gogh watercolour of a windmill coming up for sale

Sheltering from a rainstorm at the mill, Vincent and his brother Theo made a teenage pact

News
Art market

Frieze takes gallery space on London's Cork Street for 'ambitious' exhibitions

Magazine publisher and fair organiser plans to rent the premises on a permanent basis

Analysis
Art fairs

The art world's Miami vice: bored with OVRs, galleries return with some physical events in lieu of Art Basel—but should they?

While the city’s flagship art fair was cancelled this year, other in-person events and pop-up projects abound despite rising coronavirus cases

Analysis
Art market

Six of the best catalogues raisonnés

From Leonardo to Bacon, take your pick from a selection of essential texts on leading artists

News
Art market

This Hans Memling painting failed to sell at Christie's—now its owner has given it back to Bruges where it was painted over 500 years ago

The work was offered for sale at £1.5m to £2.5m in 2019 but US collector Bill Middendorf has decided to give it to the Belgian city

News
Auctions

A tale of two cities: Christie's 20th-century relay sale sees six records set in Hong Kong before slower New York finish

In demand contemporary artists hit big in Asia but several Modern stalwarts failed to make a splash in multi-city hybrid auction

News
Art fairs

In Nigeria, art is spreading the word about police brutality

Opening online today, Art X Lagos fair to show more than 100 works about #EndSARS protests

Comment
Art market

Provenance: the Trojan horse that can make or break a work of art

The who, where and when of ownership can lead on to scholarly, ethical, legal and existential issues

News
Art market

Instagram rules but don't expect loyalty: new report analyses our online art buying behaviour

The latest Hiscox Online Art Trade Report found that online only art sales at Sotheby’s, Christie’s and Phillips more than tripled at $597m

News
Fraud

Client confidentiality overturned by London High Court, as Dickinson forced to reveal buyer of $4.85m Signac painting

US collector Linda Hickox is seeking to recover the work which was sold via broker by the now jailed art dealer Timothy Sammons

Feature
Catalogues raisonnés

It is time for catalogues raisonnés to join the digital age

Printed publications can quickly become obsolete, so the ease with which a digital document can be revised is a godsend—and that is what makes many uneasy

News
Art market

New gallery platform South South launches to promote art from outside the dominant US-Europe axis

Goodman Gallery's Liza Essers came up with the idea in lockdown and plans an online selling event, called Veza, using auction technology in February

Analysis
Art market

'One of the most shocking, tumultuous years on record': art market figures reflect on 2020—and guess at what 2021 might hold

The pandemic has ripped apart the industry as we know it this year but it has sparked innovation and conversation like never before

Analysis
Art market

Art market 2020: the year of cancel culture and bricks-and-clicks

A year marked by wholesale event cancellations and job losses has also seen the art market innovate to keep businesses going.

Comment
Art Market Eye

The turn of the screw: will tighter regulations impact the art market?

Often described as totally unregulated, the art trade is facing more stringent rules

News
Art market

'The law has to fall on someone': Seller of allegedly fake Frans Hals must pay Sotheby's $5.3m for cancelled sale, judge insists

Co-vendor of the painting, Fairlight Art Ventures had appealed the ruling last year but court upheld the decision yesterday, finding in favour of the auction house

Analysis
Art market

All ears: why collectors can’t get enough of industry hype right now

In an increasingly asset-driven art trade, collecting by listening to the buzz is fast becoming the norm

News
Art fairs

Salon fair releases glossy, digitally enhanced publication instead of another online viewing platform

The New York art and design event has issued a 152-page magazine with interviews, features and QR codes that link to multi-media content

News
coronavirus

Colourist painter and Royal Academician Philip Sutton opens new gallery—at the age of 92

Artist—who is now blind in one eye and lives in a sheltered care home—is launching a space in Bridport, England, to sell his own works

News
Art market

'A crisis is always a good time to unite': Russian art galleries form new alliance to boost industry

The Association of Galleries aims to simplify the country's customs procedures and secure government funding

Blog
Instagram

Auctions, pledges and DMs: creative ways to buy and sell art on Instagram

Alternative sales models are springing up on the social media platform

News
Art market

Carphone Warehouse billionaire David Ross did buy the Royal Opera House's $12.8m Hockney—now he is loaning it back

The portrait of David Webster will return immediately to the opera house before going to the National Portrait Gallery in 2023 for its reopening exhibition

News
Art market

Billionaire art collector Sheldon Solow's tax-exempt art foundation was infamously inaccessible—now his widow says she will open it to the public

The real estate developer died on Tuesday aged 92. His collection in New York has been parodied for being almost impossible to visit despite receiving tax breaks

News
Art market

Rediscovered painting by Leonardo da Vinci's 'little devil' lover and collaborator sells for record €1.7m in France

Penitent Magdalene by Salaì, who entered Leonardo's workshop at the age of ten, was estimated at €100,000 to €150,000 and is one of only a handful of known works by the artist

News
Art market

Pace to take over Blain Southern's former gallery in London expansion

Announcement comes as two of the gallery's presidents in the US are facing allegations of abuse in the workplace

Comment
Art market

Pastures new: why some top gallery staff are moving on from longtime jobs

Without art fairs and hectic travel, the pandemic has transformed the way most of us work—and some are branching out rather than returning to their old lifestyle

News
Collectors

Actor Samuel L. Jackson and footballer Samuel Eto’o pay tribute to art collector Sindika Dokolo during six-hour televised memorial

Dokolo was buried at Brompton Cemetery in West London yesterday following his funeral at Westminster Cathedral

Analysis
Art market

Africa’s art market grows even amid adversity

In a year marked by closures, cancellations and postponements, African art fairs are going ahead with new models and the continent’s galleries are growing

News
Art market

Frieze Los Angeles bids goodbye to Paramount Studios as art fair is postponed to July

Social distancing rules have limited the number of people on film sets creating a movie production backlog

News
Art market

Art Basel in Hong Kong postponed to May as coronavirus throws 2021 art fairs into disarray

Summer crush expected with Art Basel’s flagship show in Switzerland still scheduled for June and Taipei Dangdai moved back to July

News
Art market

Seller contests having to repay Sotheby’s for allegedly forged Frans Hals

In latest hearing of ongoing legal saga, Fairlight Art Ventures, co-vendor of painting sold in 2011 for $11.75m, is refusing to pay auction house more than $5.3m

News
Discoveries

Constable oil sketch—previously dismissed as fake—goes on sale for £150,000

Sworder's auction house is selling the work, which is one of many by the Romantic painter depicting the area around Dedham Vale where he grew up

Analysis
Art fairs

'Dealers are smiling under their masks': Shanghai art week pulls in art-starved collectors

More than 100 art exhibitions and events have taken place in the Chinese city this week and galleries are reporting strong sales

News
Art market

Frieze art fairs global director Victoria Siddall takes ‘strategic’ role as board director

Frieze magazine publisher Rebecca Ann Siegel appointed director of Americas and content and will oversee the New York and Los Angeles fairs

News
Art market

Collection of Balthus drawings and paintings to be sold for €1.2m—so why no mention of his infatuation with pubescent girls?

The works are from the estate of the artist’s teenage “muse and model” Frédérique Tison, who was also his step-niece

News
Heritage

Unesco, stop citing 'bogus' $10bn figure, art trade pleads

Ahead of a major anniversary this weekend, the international organisation is under fire for apparently exaggerating the scale of the illicit trade in cultural goods

News
Art market

The devil is in the paperwork—don't be caught out by provenance fraud

The rise of the online art market means due diligence on purchasing art is becoming increasingly complex

News
Art market

All eyes on Shanghai as city hosts multiple fairs despite first coronavirus case in months

New Art Tower will be hub of a busy art week alongside Art021 and West Bund Art & Design Fair

News
Art market

New York state sues Sotheby's for allegedly helping collector evade tax on $27m of art

Auction house "vigorously refutes the unfounded allegations" made by the attorney general, who claims the auction house knowingly aided the offshore company Porsal Equities

Blog
Diary

Rent a sculpture from this London gallery for lockdown 2.0

While its gallery is closed, Pangolin is offering works by artists including Lynn Chadwick to UK clients to take home until January

Analysis
election 2020

What the presidential election means for the US art market—no matter who is in the Oval Office

A dwindling middle market faces a stingy Senate while rising inequality and public unrest could prompt even more private sales

News
Art market

Gagosian director Sam Orlofsky let go following allegations of ‘unacceptable and repugnant’ misconduct against women

Gallery brought in outside counsel to investigate claims against the senior New York-based digital-focused director, who was suspended without pay last month

News
Art market

London galleries to accommodate collectors ‘by appointment’ during second coronavirus lockdown

Some dealers say they will continue to hold private viewings for buyers, while opening hours are extended in the West End tonight

News
Art crime

Artful codgers: why the art market is a hotbed of grey crime

The recent case of a 71-year-old dealer convicted of art fraud is far from unique—in fact, elderly offenders could be on the rise

Preview
Private view

Our pick of must-see gallery shows opening around the world in November

From new works by the emerging artist Collins Obijiaku in Accra to a pre-election tribute to the late Supreme Court Justice Ruth Bader Ginsberg in Los Angeles

News
Public art

The estate of George Rickey, who created balletic kinetic sculptures, now at Kasmin gallery

Monumental moving works by the artist will be shown next fall on the Chelsea space’s rooftop and along Park Avenue uptown

News
Real estate

The pull of Palm Beach proves irresistible for blue-chip galleries—but for how long?

Lehmann Maupin and Paula Cooper are the latest to join dealers like Acquavella and Pace in setting up seasonal spaces in the Sunshine State

Podcast

Has coronavirus helped unmask the real prices of art?

Plus, JMW Turner at the Tate and John Stezaker on Bruegel

News
Art market

Richard Saltoun Gallery builds entire 2021 exhibition programme around late political philosopher Hannah Arendt

Her work addresses relevant issues today such as tyranny, fascism and totalitarianism, dealer says

News
Art market

French and German art fairs forced to cancel as new national lockdowns come into force

Fine Arts Paris and Art Cologne boldly believed they could run Covid-secure events in November, but both have had to relent to new restrictions

News
Covid-19

Exclusive survey: how small US galleries are surviving the coronavirus crisis as Trump tables relief plans

With a second federal aid package stalled until after the election, our study reveals the financial straits some galleries are finding themselves in—and how they are responding

News
Art market

Ancient Greek bust of Hercules dug up in a garden will now appear in virtual reality at Tefaf Online

ArtAncient has created a VR experience of the marble bust to enliven the digital version of the now-cancelled New York fair