NewsArt 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
AnalysisArt 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
AnalysisArt 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.
NewsArt 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
AnalysisArt 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
NewsArt 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
Newscoronavirus
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
NewsArt 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
BlogInstagram
Auctions, pledges and DMs: creative ways to buy and sell art on Instagram
Alternative sales models are springing up on the social media platform
NewsArt 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
NewsArt 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
NewsArt 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
NewsArt 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
CommentArt 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
NewsCollectors
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
AnalysisArt 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
NewsArt 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
NewsArt 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
NewsArt 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
NewsDiscoveries
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
AnalysisArt 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
NewsArt 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
NewsArt 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
NewsHeritage
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
NewsArt 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
NewsArt 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
NewsArt 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
BlogDiary
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
Analysiselection 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
NewsArt 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
NewsArt 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
NewsArt 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
PreviewPrivate 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
NewsPublic 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
NewsReal 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
NewsArt 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
NewsArt 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
NewsCovid-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
NewsArt 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
NewsArt market
Giacometti, De Chirico and Alfa Romeo cars lead Sotheby's $283m New York sales after major museum works abruptly pulled
Following weeks of controversy, the Baltimore Museum of Art withdrew two paintings just hours before the auction while many other works sold near low estimates
NewsDroit de suite
Souls Grown Deep Foundation will give living artists a 5% royalty when collection works are resold
The initiative aims to address historic discrimination against artists of colour, who often gain recognition—and market value—later in their careers
NewsFrieze New York
Frieze New York relocates to non-profit institution The Shed for 2021 edition
Global director Victoria Siddall says it is a time “for creativity, flexibility and collaboration” as fair is reduced by more than two-thirds
InterviewArt market
'If you miss the train, don’t chase it, there will be another one': Ann Getty on collecting
Shortly before she died in September, the art collector, interior designer and philanthropist spoke about cranes with personality and buying what you love
NewsAuctions
The Royal Opera House's David Hockney painting sells for £12.8m at Christie's amid deaccessioning debate
The auction house's four-part £90.2m "20th Century: London to Paris" sale saw small bursts of energy for quality lots in the wake of Frieze and Fiac's cancellations
NewsClosures
Marian Goodman to close London gallery
The New York-based art dealer will instead launch a project initiative in the city, with no permanent space, starting next autumn
NewsArt market
Revealed: sellers of £7.6m Banksy were London collectors who provided venue for artist's 2005 Crude Oils exhibition
As part of the deal, Roland and Jane Cowan acquired the faux Impressionist canvas from the artist—it sold last night at Sotheby's
NewsArt market
Miami Beach launches residency programme to help artists and businesses in lieu of Art Basel tourism revenue
The initiative encourages property owners to lend their vacant spaces for free and offers $2,500 stipends to artists—but they may still need to pay rent
CommentArt Market Eye
A flood of art? The market issues around museum deaccessioning
A flurry of museum pieces is heading to auction, but will there be enough buyers for them?
NewsArt market
Sotheby's to offer monumental Giacometti bronze in rare 'sealed bid' sale with a minimum bid of $90m
Last sold at auction for $4.9m, offers will be reviewed ahead of the auction house's contemporary and Impressionist and Modern art evening sales on 28 October in New York
NewsArt market
Asia Now fair swoops up would-be Fiac exhibitors
Paris fair makes up for lack of Asia-based exhibitors with some blue chip galleries who were meant to be participating at the larger, cancelled fair
NewsAuctions
Phillips London sets new records for Emily Mae Smith and Portia Zvavahera in £26.3m contemporary evening sale
While the top lot of the night—a fiery self-portrait by George Baselitz—struggled to meet its low estimate, a bidding war broke out over Dana Schutz's painting of a bright orange Trump
NewsArt fairs
ArtRio forges ahead, making it the first major event to take place in Brazil since the pandemic began
Marking the fair's tenth anniversary, a live event with limited ticketing for collectors continues even as Covid-19 cases climb
AnalysisAmerican art
'Comatose' pre-war American art market gets a digital jolt
Forced online due to Covid-19, this year's American Art Fair boasts more exhibitors as auction houses see new records set for late 19th century works
BlogAdventures with Van Gogh
Coveted Van Gogh bouquet to be sold at Sotheby's New York, valued at $18m
Chequered past: from the Bear Skin to the Nazis, a once-restituted painting is now coming up for auction
NewsArt market
Fancy a free Takashi Murakami work? Perrotin gallery launches art treasure hunt in Paris
French gallery is hiding 20 valuable works in the empty nave of the Grand Palais—and the public have 48 hours to find them and take them home
NewsArt market
From flat white to white cube: Lévy Gorvy opens gallery in former Pret a Manger in Mayfair
Firm now plans to extend its lease after Long Museum buys huge Tu Hongtao painting on show in the new space
BlogInsta’ gratification
Instagram turns ten: how the world's favourite photo app disrupted the art market
Dubbed "the world's new big art dealer" the platform is often used to spark interest in sales and helps artists and galleries to grow international brands
AnalysisArt theft
Steal and repeat: why art gets stolen time and again
When works of art are taken multiple times, it is often more about criminal prestige or bargaining chips for reducing prison sentences
NewsArt market
Christie's sale in collaboration with cancelled La Biennale Paris fair flops
Online auction of art and antiques that would have been exhibited at Parisian fair achieves €1.5m with 21 of 91 lots sold
NewsArt market
Houston politician's mysterious collection of African artefacts raises alarm bells
Hundreds of pieces of African art are being stored in a publicly funded warehouse by the Harris County commissioner Rodney Ellis with little explanation of their background
ReviewBooks
From how insurance pay outs work to when to get your art appraised: a must have how-to book for collectors
This updated art market manual by Mary Rozell merits a place on any bookshelf
NewsArt market
Miami Design District aims to fill in the fair gap with winter arts event
The Design Miami fair will return to the Moore Building, and other galleries that regularly show in Art Basel will be given temporary spaces
AnalysisArt fairs
'If you're coming to buy, you have two hours to do it': what it's like at London's real-life 1-54 Contemporary African Art Fair
In the absence of the major fairs and auctions, Modern and contemporary African art is in the spotlight in London this week
InterviewArt market
'The art world had become extremely aggressive': Rachel Lehmann on a return to localism and intimacy in the art market
As Lehmann Maupin opens at London's Cromwell Place, its co-founder speaks about systemic change—and addresses recent allegations against the gallery
NewsArt market
Deutsche Bank to auction Kandinsky and Schiele works from collection
Three works are to be sold at Christie’s in Paris this month; further sales to follow
AnalysisArt market
A Covid success story: how the London Original Print Fair helped its 68 dealers keep selling
London’s longest-running art fair survives virus by going fully online and diversifying
NewsArt market
Tefaf Maastricht shifts back from March to May as Covid-19 disruption extends into 2021
The 34th edition of the Dutch art fair will run from 31 May to 6 June, two days shorter than normal, while the fate of Tefaf New York Spring hangs in the balance
NewsStolen art
Stolen Mao Zedong scroll worth $300m found cut in half after being resold for $65
Hong Kong police have arrested three men in relation to a $645m heist that included calligraphy by the Communist leader and other revolutionary art and ephemera
NewsArt market
Gerhard Richter painting becomes most expensive western work ever sold at auction in Asia
The $29.2m painting sold at Sotheby's last night in a live-streamed contemporary art sale that took place in Hong Kong as Christie's held its marquee sale in New York
NewsThe Art Newspaper Live
The Art Newspaper Live returns! Registration now open for 'New models for new times: Rethinking the art market in a changing world'
Join industry thought leaders like Sunny Rabhar, Ayo Adeyinka and Clare McAndrew in conversation with our art market experts in a three-part series of events beginning 8 October. Presented in partnership with Cromwell Place
NewsAuctions
T-Rex takes on Twombly at Christie's $341m 20th-century evening sale
Unusual $32m Jurassic-era offering stole the high-tech livestreamed show in New York, but buyers kept bids cautious elsewhere
NewsCommercial galleries
Superblue unveils installations by James Turrell, Es Devlin and teamLab to inaugurate its Miami space
An outgrowth of PaceX, the experiential art centre is the first in a series of planned galleries that focus on the intersection of technology and art
AnalysisArt market
Livestreamed auctions make gameshows of art, but where is the glamour?
Christie's and Sotheby's have rapidly adapted to 'bricks and clicks' sales, but they will need to do more to attract top-notch consignments and the experience-hungry generation
InterviewAuctions
Hong Kong dealer Johnson Chang on selling his collection and rethinking art for a new era
The collector and gallerist explains why he moved his central Hong Kong gallery and is parting ways with some of his favourite works at Sotheby's this week
PreviewArt market
Analogue to digital: Photo London goes online as director slams UK government's communications with arts organisations
Covid-19 messaging is “inconsistent, contradictory, all over the place” says Michael Benson, who has had to cancel physical fair twice
NewsAuctions
Judy Chicago's Birth Project series work will benefit Planned Parenthood as reproductive healthcare comes under renewed threat
With a high estimate of $350,000, the sale of "Trinity Birth Quilt" at Sotheby's Choice Works charity auction event could reset the artist's auction record
NewsArt market
In search of la bella vita, Mendes Wood sets up in bucolic Italian villa
Gallery opens an exhibition of works by Cristina Canale, Vojtěch Kovařík, Paulo Nazareth and Brice Guilbert at Villa Era as clients seek a more rural art experience during pandemic
NewsArt market
Damien Hirst to open huge exhibition of more than 50 early works at Newport Street Gallery
Pickled sharks, medicine cabinets and spot paintings from the artist's own collection will go on show—although none are for sale
NewsArt market
Paula Rego leaves Marlborough gallery for Victoria Miro
The 85-year-old artist will have a major retrospective at Tate Britain in 2021
NewsArt market
A new online auction house wants to reduce speculation on emerging artists' markets
Founded by former Christie's vice president Shlomi Rabi, Greenhouse will also donate 5% from every sale to a scholarship fund for Black students studying art history
NewsArt market
Art Basel to make real-life appearance as fair partners with Fine Art Asia in Hong Kong
Local galleries have been invited by Art Basel to apply for participation in the November fair
CommentArt market
Bubbles, sheikhs and the freeport frenzy: Georgina Adam reflects on 30 years of art market reporting
Our art market editor-at-large looks back on three decades of booming sales and soaring prices, from Middle Eastern emergence to the evolution of auction houses
InterviewArt market
'I'm always amazed, in this business, by how seriously some people take themselves': Stephen Friedman on 25 years as an art dealer
The Canadian came to London as a 22-year-old, fell in love with the city and never left
NewsArt market
Cowan’s auction house returns indigenous war god sculpture to a Zuni Pueblo
The figures, carved by tribal members every winter and left in ceremonial shrines atop a mountain, have regularly been stolen and made their into museums and private collections throughout the US and Europe
AnalysisArt market
V.S. Gaitonde's £3.4m record-breaking painting leads strong South Asian sales season
Glut of collections have come to auction this month, with strong results for lesser-known Indian Modernists broadening a narrow market
NewsArt market
Art Basel in Hong Kong and Art Central—under one roof in 2021
The two fairs will take place at the same time in the Hong Kong Convention & Exhibition Centre in March
NewsThe Art Newspaper Live
Sign up for our third and final 'New Models for New Times' event on 22 October: Clare McAndrew in conversation with Georgina Adam
In the culminating talk of our latest event series, economist Clare McAndrew and Georgina Adam discuss the future of the art market. Presented in partnership with Cromwell Place
NewsThe Art Newspaper Live
Sign up for our first 'New Models for New Times' event on 8 October: Is the new spirit of collaboration lip-service or game-changing?
Galleries are increasingly teaming up to stay afloat—but for how long? Featuring Pilar Corrias, Caroline Douglas, Sunny Rahbar and Neil Wenman. Presented in partnership with Cromwell Place
NewsThe Art Newspaper Live
Sign up for our second 'New Models for New Times' event on 15 October: Breaking boundaries—local is the new global
Globalisation has shaped the art market we know today, but will the current shift to the local be a help or hindrance to emerging markets in Africa and Asia? Featuring Rachel Lehmann, Sundaram Tagore, Rakeb Sile and Ayo Adeyinka. Presented in partnership with Cromwell Place
NewsAuctions
This $80m Botticelli could be one of the most expensive portraits ever sold at auction
The painting, to be offered at Sotheby's New York in January, is estimated to sell for 100 times more than the owner paid for it in 1982
NewsLawsuits
Insurers fight $107m claim for Modigliani paintings seized by Italian police
A US dealer says he is owed millions by insurance brokers for 12 works that were confiscated by authorities from the Palazzo Ducale in 2017 as suspected fakes
NewsAuction houses
Hedge fund manager Alexander Klabin buys stake in Sotheby's financing arm
Now the chairman of Sotheby's Financial Services, Klabin was previously approached to back a competing offer to block last year's buyout of the auction house by Patrick Drahi
NewsArt market
Class of 2020: five picks from Art Basel's online viewing room (another one)
The latest virtual fair, OVR:2020, limits 100 galleries to showing six works each, all produced this year—we pick our highlights
NewsBrazil
Court-ordered auction of works from disgraced Brazilian banker's collection prompts new controversy
The Museum of Contemporary Art at the University of São Paulo claims it is owed $3.6m for conserving and storing around 1,600 works repossessed from bankrupt Banco Santos president Edemar Cid Ferreira
NewsArt fairs
Online market place for art continues to grow as new digital fair announced during Frieze week
Daata fair is dedicated to video and digital works and aims to reach collectors who “simply don’t have the patience” to watch films at real-life fairs
CommentArt 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
Georgina Adam