Art market

'We don't want to create caricatures or exoticise': symposium aims to delve into the role of Jewish art dealers in the European art market between 1850 and 1930

London Art Week has partnered with the Jewish Country Houses research project to hold a three-part online talks programme

Anna Bradyabout 15 hours ago

Zeng Fanzhi painting once owned by the 'disappeared' Chinese entrepreneur Whitney Duan sells for $5.2m in Beijing

Prayer was one of five paintings by the Chinese artist “entrusted by an important institution” to the state-owned Poly Auction

Georgina Adamabout 20 hours ago

Art fairs: how did they begin and where are they going?

Plus, Caribbean-British art at Tate Britain and Marco Brambilla's VR work at Pérez Art Museum in Miami

Hosted by Ben Luke and Aimee Dawson. With guest speaker Melanie Gerlis. Produced by Julia Michalska and David Clack. With Henrietta Bentallabout 21 hours ago
Sponsored byChristie's

Magdalena Abakanowicz's haunting installation 'Bambini' expected to sell for up to $3.6m at auction in Poland

The work, consisting of 83 child-size figures in concrete and wood, was made in the late 1990s and has been exhibited on the roof of New York's Metropolitan Museum of Art and in the Museo Reina Sofia in Madrid

Anna Bradyabout 21 hours ago

‘The pandemic isn’t going anywhere, but the world keeps spinning’: galleries make hay while they can at Art Basel in Miami Beach

Timed entry meant a slower start but there is still an appetite for buying, despite the Omicron variant, at America's glitziest art fair

Works by Emily Carr and Paul Kane are the big tickets at marquee Canadian auction

High demand for Canadiana, from a historic ceramic dessert set to Group of Seven paintings, drove Heffel’s major autumn sale in Toronto

Larry Humber1 day ago

Is the art market corrupt to the core? Balderdash.

An attorney in the Inigo Philbrick fraud case described the trade as completely rotten, I disagree

Georgina Adam2 days ago

In the art world, divorce—and marriage—can be expensive

Simone Leigh's departure from Hauser & Wirth in favour of Matthew Marks is not the first high-profile artist/gallery split—here are a few more notable break-ups

Anny Shaw2 days ago
Art marketanalysis

The end of 'isms': is the art market the most powerful movement of the 21st century?

The inexorable rise of the art market this century has put paid to art movements

Scott Reyburn2 days ago
Art marketcomment

Artists wield the power now: why Simone Leigh's departure from Hauser & Wirth (to join Matthew Marks) is indicative of a broader trend

As the whole art world starts to question traditional norms, the artist said she was "still figuring out what I want from a primary gallery relationship"—time will tell if she has now worked it out

Monet water lilies painting sells for $24.1m in Beijing—new record for a Western work of art sold in China

The painting was consigned to China Guardian’s first Impressionist and Modern art sale by Lévy Gorvy gallery

Art marketanalysis

Can an art market wild about young 'red-chip' artists and NFTs still value blue-chip, white male masters? Answer: Yes, for now

New York's "gigafortnight" sales of the Cox and Macklowe collections showed there is still a market for classics—even while a Beeple sells for $29m to a tweeting tech entrepreneur

Art marketpreview

Miami Beach moves to attract sun-seeking tech community—and Art Basel hopes to cash in

The fair's chief executive Marc Spiegler says greater gallery diversity and a changing global scene have shaped this month’s event

Art marketanalysis

A swindler’s playground: why is the art market so appealing to fraudsters?

Indian antiquities dealer Monson Mavunkal is currently in custody following a string of fraud allegations, including trying to sell a walking stick he said belonged to Moses. But he is not the first con artist to target the art world

Whitney Duan was one of China's richest women, until she vanished in 2017. Now the Zeng Fanzhi painting she once owned is being auctioned in Beijing

The real-estate tycoon, a key patron of Zeng, has not been seen since she was "disappeared"—the painting, Prayer, is now described by Poly auctions as "entrusted by an important institution"

'Jack found a rocking chair for me and we talked about his baby ducks for 45 minutes': rising sculptor Rose B. Simpson joins Jack Shainman Gallery

The signing of the artist, who will continue to be represented by Jessica Silverman in San Francisco, comes at a time of increasing—and overdue—recognition of Indigenous artists within the US art world

How China's museums are cosying up to commercial galleries for big-ticket exhibitions

Dealers are eagerly filling curatorial gaps in new museums with shows for their artists, but does the market hold too much sway?

New records set for Arthur Dove and Paul Cadmus in latest American art sales

The specialist New York auctions at Christie's and Sotheby's made $28.9m and $14.2m respectively

Frieze appoints Christine Messineo as director of US fairs

Messineo, who previously worked for Bortolami and Hannah Hoffman galleries, will head up Frieze Los Angeles and Frieze New York following the departure of Bettina Korek and Loring Randolph

Mucho mucho amor: Celebrity astrologer Walter Mercardo’s estate to be sold at Bonhams

Highlights include a platinum diamond ring and his signature white silk cape

Sotheby's to offer The Hamilton Aphrodite, an ancient Roman marble last sold 70 years ago now expected to fetch up to £3m

The larger than life-size statue was brought back from Rome by the Duke of Hamilton in the 18th century and is named after his Scottish palace

'May the image rights be with you': Artists claim Art Wars sold NFTs linked to their designs for Stormtrooper helmets without their permission

The online project was launched earlier this year by the London-based artist and curator Ben Moore, with NFTs based on his previous project which saw major artists design Stormtrooper helmets

Art dealer Daniel Blau in tussle with Italian authorities to get paid for the painting bought for Uffizi galleries

Blau purchased the self-portrait by Ottone Rosai at auction last December, but but it was subject to a compulsory purchase by the Italian state and given to the Florence museum

Big money, new collectors: the low-down on the New York auctions

Plus, Fabergé in London and a rediscovered Dürer

Hosted by Ben Luke, Aimee Dawson and Martin Bailey. with guest speaker Anna Brady. Produced by Julia Michalska and David Clack. With Henrietta Bentall
Sponsored byChristie's

Sotheby's triple-header New York auction night notches up $234.2m with artist records for Lisa Brice, Maria Berrio and seven others

The auction house also accepted cryptocurrency on two works by Banksy and sold a rare copy of the US Constitution for $41m

Pace to launch a custom-built NFT platform

Pace Verso launches on 22 November with digital artworks from Lucas Samaras’s 'XYZ' series.

Abu Dhabianalysis

Abu Dhabi plans two new museums in addition to Guggenheim and Zayed

Announcement was made at yesterday's preview of Abu Dhabi Art 2021, where cultural leaders were keen to emphasise their commitment to the emirate following its strict lockdown

Strong prices for female painters and young artists—but Francis Bacon's Pope sells to the guarantor—at Phillips's $137.9m auction in New York

The 20th century and contemporary art evening sale saw stiff competition for works by Shara Hughes, Joan Mitchell, Amy Sherald and Cecily Brown

Lehmann Maupin gallery to move to larger space in Seoul’s Hannam-dong district, home to K-pop artists and movie stars

The US gallery is expanding its footprint in South Korea as young collectors boost a buzzing art scene

‘A reflection of the spirit of collegiality’: Nearly two-thirds of dealers opt out of Art Basel’s $1.6m solidarity fund

Those who participated benefited from a 35% reduction in booth fees during what Art Basel global director Marc Spiegler describes as a “rough year”

Frida Kahlo breaks record for a Latin American artist in Sotheby's $238m Modern art sale

While the auction's star lots included the $34.9m Kahlo and four Monets, the most aggressive bidding was on works by Alexander Calder and Pierre Soulages

Founder of Hic et Nunc pulls the plug on the leading digital art marketplace—but its half a million NFTs live on

Projects such as the Whitworth gallery’s NFT of a William Blake watercolour are now available on other platforms

UK puts temporary export ban on Tipu Sultan tiger's head—but commentators claim it was looted in the 18th century

The finial, valued at £1.5m, is one of eight golden heads that adorned the throne of the so-called Tiger of Mysore, which was broken up by British East India Company forces after his defeat in 1799

Art fairspreview

Paintings and African art to dominate at Abu Dhabi Art

Emirati art fair expects lots of US collectors as international visits to Dubai Expo give "a really good indication that people have the confidence to travel again"

Rising censorship and conservatism dampen mood at Shanghai's art fairs, but China still has 'economic firepower'

The city's two flagship fairs, Art021 and the West Bund Art & Design Fair, saw a rise in budding collectors interested in younger and more diverse artists

Macklowe collection auction brings $646m, the highest sale total in Sotheby’s history

Bidders from Asia snapped up the sale’s two biggest lots, trophy works by Giacometti and Rothko

New app artpass ID promises art market due diligence in one click—but does it really work?

Artpass ID has been created by Dutch tech entrepreneurs David Dehaeck and Nathalie Haveman, and has Rakhi Talwar, former global compliance head at Christie’s, on the team

Caillebotte masterpiece goes to Getty and four auction records smashed at Christie’s New York sale of Edwin Cox’s Impressionist trove

Last night's single-owner sale of the late Texan oilman's vaunted collection brought in a massive $332m

'I wanted to prove that you could take younger artists and have it work out for the gallery': exhibition opens in tribute to influential New York gallerist Martha Jackson

Show aims to draw more attention to the overlooked work of the postwar Manhattan-based art dealer whose gallery is now occupied by Hauser & Wirth

Crypto wallets at the ready: Sotheby's to accept live bidding in ethereum on two Banksy works

The auction house made Banksy's world record for the pre-shredded work Love is in the Bin

Salon Art + Design returns to New York for its tenth edition

The design fair will likely see a more comfortable, contemporary style that reflects the amount of time buyers have been at home since the rise of Covid-19

Auctionsanalysis

Basquiat remains 'king of capital gains' as rare work fetches $40m at Christie's white-glove sale in New York

All lots sold and records were set for ten artists, including Peter Doig, Stanley Whitney, Xinyi Cheng and Nicolas Party at last night's confidence-boosting 21st-century evening auction

Art Basel in Miami Beach to host first 'interactive' NFT exhibition in new collaboration with blockchain Tezos

Show will be accompanied by a talks programme at the Florida fair next month, while visitors will be able to create an AI “generative self-portrait" which they can mint as a takeaway NFT

Art marketcomment

Fairs get an A-plus for enthusiasm while auction houses receive a B for initiative (but a D for digital art): an art market half-term report

The commercial art world came back with a vengeance in September, but issues around sustainability and volatile prices still abound

Christie's to sell 'The Vision', the last of Constable's famous view of Salisbury Cathedral left in private hands

The oil sketch, Salisbury Cathedral from the Bishop's Grounds, has never appeared at auction before and is expected for sell for between £2m to £3m this December in London

Art X Lagos puts NFTs by African artists in the limelight

Nigeria's contemporary art fair, on until Sunday in physical form and online until 21 November, has partnered with Superrare to show digital works by artists such as Youssef El Idrissi, Linda Dounia and Rendani Nemakhavhani

'No one sells quickly at Artissima—but collectors will always come': the convivial Italian fair that is home of the slow sales movement—and good food

Turin's truffle season would normally attract Chinese collectors to the event, but with travel restrictions keeping Asian buyers away, loyal Italian collectors hold the fort

Art marketcomment

Art market money laundering crackdown spreads from UK to the US, but what impact is it having and are businesses taking it seriously?

Global inconsistency between regulations makes already complex rules more confusing and while the US is following the EU’s lead, its regulations do not yet include “flat art”—only antiquities

Art dealer's huge studio ceramics collection is up for sale—including the pot that Hans Coper swapped for a goat called Jennea

Phillips and Maak Contemporary Ceramics will jointly sell the collection of the late John Driscoll on 10 November, including works by Lucie Rie, Bernard Leach and Hamada Shoji

The astonishing survival of the farmhouse depicted in Van Gogh’s newly unveiled watercolour

Vincent’s picture of wheatstacks is coming up at Christie’s on 11 November—yours for around $25m

a blog by Martin Bailey

Antiquities think tank pushes UK to impose tougher regulations to fight trade in looted art

Antiquities Coalition has published a policy brief urging government to seize the "window of opportunity" in wake of repealed EU Cultural Goods Regulations

Has Impressionism still got it? This months auctions should tell us

Will the wave of young Asians buying hot young artists also wash into the higher-priced, blue-chip artists on offer in New York, or has older art lost its charm?

US President Joseph R. Biden will be remembered as the father of the great artist Hunter Biden, his art dealer says

Criticism of the high-profile Hunter Biden exhibition, which has caused controversy for the Biden administration, is also rooted in stigma around addiction, Georges Bergès says

Not so metadiverse: women account for just 16% of NFT art market

ArtTactic report reveals a “winner takes all” market for NFTs, with 16 artists generating 55% of sales

Art marketpreview

Shanghai’s art season returns bigger than ever as fairs hope to court domestic collectors

As international travel restrictions continue, mainland Chinese galleries look to capitalise on local interest