Art market

Long-unseen royal portrait by Diego Velázquez could bring $35m at auction

The painting could more than double the Spanish Old Master's auction record when it hits the block at Sotheby's

Frieze Los Angeles will feature 20% fewer galleries in 2024 than previous edition

The fair's organisers are scaling back and gathering all exhibitors under one roof for their next outing at Santa Monica Airport

Emalin gallery doubles down on east London, opening second Shoreditch location

The new space will be located in an 18th-century building that is among the neighbourhood’s oldest

Caspar David Friedrich sketchbook to be sold in Berlin proposed for national heritage list

The auction house, Grisebach, says the sketchbook’s candidacy for the list will not affect plans for today’s sale

White Cube will represent Lynne Drexler's archive outside the US

The market for the American painter exploded last year, more than two decades after her death

Art marketanalysis

Works by Canadian abstractionist Jean-Paul Riopelle rack up $8m at Heffel’s evening sale in Toronto

The two-part auction, coinciding with the centenary of Riopelle's birth, took in $17.2m in total

Art fairsanalysis

Amid a weak economy and political pressures, Artbo nurtures Colombia's nascent contemporary art market

The 19th edition of the Bogotá fair—one of Latin America's most important—has shifted location and date

Frieze to sponsor next British pavilion at Venice Biennale

This is first time an art fair has funded a national exhibition at the Biennale

Art Basel trials online gallery marketplace with a philanthropic edge

Access by Art Basel will launch at next month's Miami Beach fair

Cheim & Read, mainstay of the New York gallery scene, will close permanently next month

The gallery’s co-founder, John Cheim, recently unloaded treasures from his personal collection at auction

British art market yet to reap ‘Brexit dividends’, new report suggests

Clare McAndrew's British Art Market in 2023 survey shows a growing gulf between UK and US art markets, prompting key players to lobby government

Dealer and furniture expert to go on trial as part of longstanding investigation into forged French furniture

The trial is expected to offer unprecedented insights into the inner workings of the antique furniture market that once took pride of place at Paris's Biennale des Antiquaires

Battle of the Henry Moore heads: rare sculptures with estimates of more than £2m go on the block

Sotheby’s is selling an alabaster piece while Bonhams’ early carving is made from ironstone

Shanghaianalysis

'The city did not stand still during the pandemic': Shanghai art week roared back to full form

Art021 and West Bund fairs, plus a biennial and a slew of gallery shows, were not dampened by the slowed economy and a precarious art market

Sotheby’s $306m The Now and Contemporary sales wrap up a mediocre New York auction season

Both sales persevered through a lukewarm atmosphere to break into the lower reaches of their estimate ranges

Phillips’s $154.6m New York double-header is both just good enough—and historically successful

The house’s two-part auction fell short of the low estimate but still became its second-best showing ever by dollar value

Brisk Sotheby's Modern evening sale in New York delivers moderate results

The auction, spanning Monet to Miró, made $190.3m—just above its low estimate—and was preceded by the record-breaking sale of a Ferrari car

Art marketanalysis

Why Les Lalanne are in high demand

Buyers are flocking to nature-inspired works by the French artists François-Xavier and Claude Lalanne

Christie’s 20th century evening sale in New York defies fears of a jittery market

Swan song of veteran auctioneer Jussi Pylkkänen made $640.8m—the house's highest total for a non-single-owner sale in six years

Late American broadcaster Barbara Walters’s collection nets $5m at Bonhams

All of the proceeds from Walters’s art collection—along with her jewellery and home décor—will go toward charitable causes, according to her estate

End of an era? Jussi Pylkkänen's departure reveals much about today’s art market

The star auctioneer is leaving Christie's after 38 years to share his experience "with a new generation of collectors"

Sotheby's sale of Emily Fisher Landau's collection brings modest result, despite $139m Picasso portrait

The evening's total take of $406.4m was a sign of a stability—albeit one under-girded by guarantees and third-party backing—in a jittery market

Christie's 21st century evening sale falls short of expectations, opening New York's autumn auction cycle on uneasy note

Several 'wet paint' works soared while multiple blue-chip lots underperformed, defying conventional market wisdom

Against the odds, mid-sized galleries expand into New York

Dealers Anat Ebgi and Candice Madey are growing even when many observers expect galleries in their tiers to stay cautious

Auctionsanalysis

How will New York’s auctions perform? London’s Frieze Week evening sales offer hints

Results from London’s premier autumn auctions suggest price now matters as much as prestige

The legacy banking foundation buying up works at Artissima for Turin’s major museums

Fondazione Arte CRT’s new chief wants to bring art to the masses via public art programmes