CommentArt market
Why the Christie's and Sotheby's duopoly is impregnable
The auction houses sell more than 80% of works priced over $1m at auction—can an underdog ever wrestle market share away from them?
NewsAuctions
Phillips and Bonhams see strong sales on smaller lots
The auction houses' bottom lines suffered from unsold lots in their contemporary sales, continuing a trend of top-lot discernment during New York’s fall sales
PreviewArt market
Latin American art gets a boost on the auction block
Including the region’s art in broader sales has been a positive move for some artists' sales
PreviewArt market
How high will Hockney go and can his soaring market last?
A double pool portrait, estimated at $80m and offered at Christie’s with no reserve, could set a record for the most expensive work by a living artist
CommentArt market
Will the UK be able to take part in antiquities busts after Brexit?
Nineteen of the accused in Operation Demetra face trial in December, while the alleged UK mastermind awaits extradition
NewsArt market
Top lots go unsold at New York's Impressionist and Modern sales, proving a discerning but 'not doomsday' market
Monet carries Christie's evening sale while a Magritte shines at Sotheby's, marking an auction record for the Surrealist painter
PreviewArt market
Shanghai’s two rapidly expanding fairs—Art021 and West Bund Art and Design—are attracting dealers despite China's slowing economy
Galleries are also seemingly undeterred by tussles between Presidents Trump and Xi Jinping
AnalysisArt market
Paris versus Shanghai: photo fairs old and new compared
Despite censorship, China’s appetite for photography is growing but Paris Photo remains pre-eminent
NewsArt market
Tefaf New York Fall proves a ‘chocolate box’ of a fair, though sales lack Maastricht’s urgency
Key Old Master European works were quick to sell while US-based dealers offer a more 'local flavour'
PreviewArt market
Could sales slow at Artbo as political conservatism deepens in Colombia?
The divisive election of conservative president Iván Duque in August and resulting political tension may stymie sales at Bogotá's Artbo
AnalysisArt market
Will the market for AI art take off?
With no auction precedent and little primary market data, Christie's sale of a work made by an algorithm tests demand
AnalysisArt market
Fair’s fair? The murky world of stand costs
Research by The Art Newspaper uncovers wide disparity in both fee structures and transparency
NewsArt market
Red tape is stifling German auctions
Stringent cultural heritage laws and bureaucracy are making consignments much harder to find
FeatureArt market
Blockchain: Hot stuff or hot air?
The technology offers the promise of a world in which a work of art’s provenance is held on a single database—if it lives up to the hype
AnalysisArt market
Rolling with the punches: how the art market bounced back
In 2008, Damien Hirst sold £111m of art as Lehman Brothers collapsed, triggering a financial crisis. A decade on, what has changed?
NewsArt market
Art dealers slam proposed European Union licence regulations
Revising import controls on cultural goods could impact negatively on trade, dealer organisations say
CommentArt 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”
NewsArt market
Online art market could stagnate unless transparency is improved, study finds
Annual Hiscox report estimates online market rose 12% to $4.22bn in 2017, but growth is slowing as platforms struggle to build trust and loyalty
AnalysisArt Basel Art Market Report
Top flight dealers reap rewards of a growing global art market, Art Basel report says
But the number of galleries opening over the past ten years has plummeted 87%
FeatureTEFAF Maastricht 2018
Big data meets Old Masters at Tefaf Maastricht
As artificial intelligence becomes more common, the market is embracing tools that might help to bring digital natives into the Golden Age
CommentArt market
Art authentication is not an exact science
The process of art attribution has come under attack, with forgery scandals rampant
Jane Kallir