Art market
Phillips launches Dropshop, selling newly commissioned works direct from artist to collector
The auction house is pursuing the primary market with the new digital platform, which will sell monthly "drops" of limited editions by artists such as Cj Hendry
Chicago dealer Kavi Gupta denies withholding payments of more than $600,000 from artist Jeffrey Gibson
Chicago dealer Kavi Gupta denies withholding payments of more than $600,000 from artist Jeffrey Gibson, who will represent the US at the 2024 Venice Biennale
Can private funds soothe public cuts? Frieze London looks to boost UK arts sector with launch of new awards and initiatives
Celebrating its 20th anniversary, the fair has announced a spate of schemes playing matchmaker between philanthropic groups and organisations in need
JTT, a closely watched New York gallery unafraid to take risks, will close permanently
The gallery, which moved to Tribeca in 2022, will shutter when its current show comes down on 11 August
Does the punishment fit the crime? Art fraudsters face erratic sentencing
Recent high-profile cases, such as those of Daniel Elie Bouaziz and Angela Gulbenkian, demonstrate that lengths of sentences vary widely, with little consistency in judges’ reasoning
Art and Bollywood go off to the races: Mumbai to get first major art fair this November
Art Mumbai, run by the founders of one of India’s biggest auction houses, will see around 50 galleries take part in its inaugural edition
Drake buys Tupac Shakur ring at Sotheby's for $1m
The Canadian superstar revealed himself as the Crown Ring's new owner in an Instagram story
EU dealers lobby to slash VAT rates on art sales
A directive that aims to create a single value-added tax system will enable member countries to set their own reduced rates internally
'Forget the Brexit blues: for art, London is still where it’s at'
There are plenty of encouraging dynamics in the city this summer
Revered New York non-profit Artists Space will bring live portrait-drawing sessions to The Armory Show
A mainstay of the downtown scene, Artists Space is the second non-profit given prominent placement at the fair under the Armory Spotlight initiative
Detroit-area photography dealer pleads guilty to $1.5m art fraud scheme
Wendy Halsted Beard was arrested last year after an FBI investigation
Art Basel names new director for Miami Beach fair
Bridget Finn, a partner at a Detroit-based gallery and co-founder of one of Brooklyn's legendary DIY spaces, will oversee North America's most important art fair
Dealer Massimo De Carlo to launch private foundation in northwestern Italy
The Italian gallerist's planned complex will be the first private hub dedicated to contemporary art in the province of Asti
What goes around comes around: the art of finance
As a show at the Monnaie de Paris explores how money and creativity have been intertwined since the early 19th century, Sotheby’s is set to move into the Whitney’s former home
Frieze buys The Armory Show and Expo Chicago
The London-based franchise expands further into the US market with the acquisition of two of its largest fairs
Could we be on the verge of another art market crash?
With auction sales faltering and a respected commercial gallery going into administration, Ben Lewis sees echoes of the slump of 2008
Simon Lee Gallery enters administration following tax dispute
The London commercial gallery is now under the control of insolvency practitioners after a petition from Barclays Bank
Trial of Parisian antiques dealer accused of forging French furniture delayed due to ill health
93-year-old Jean Lupu, who allegedly faked 17th- and 18th-century royal furniture, and his wife say they are unable to stand trial due to illness and stress
The Photography Show fair will relocate to New York’s Park Avenue Armory in 2024
The long-running photography fair was last held at the Upper East Side institution until 2016, when it decamped to Midtown
Phillips launches annual David Hockney auction in London
The standalone sales come off the back of numerous high-profile projects involving the British artist
Art Market Hamptons fair postponed until 2024
The Hamptons’ longest-running art fair has been called off this year due to “unforeseen logistical issues”
Long-lost canvas by Flemish painter Michael Sweerts propels Christie's Old Master sale in London to its best result in seven years
The auction house made £53.9m (with fees) from 38 lots, and saw a new record established for Fra Angelico
Sharing the Bacon: how fractionalisation is taking the art market by storm
Artex, the latest in a slew of new initiatives, is offering shares in a Francis Bacon triptych for as little as $100—but is it a good investment?
Selective buying leaves 35% of lots unsold at Sotheby's Old Master sale in London
The £39.4m auction was led by a 15th-century painting by the Master of the Baroncelli Portraits at £7.9m, while a new record was set for a work by William Hogarth—albeit sold to a single bid
From the 'Bloomsbury stud' to unseen works by Winifred Nicholson—our pick of London Art Week
The annual eclectic gallery trail finishes on Friday, with 51 participants to see around central London
'The most illiquid property you can have is a Greek vase': Vincent Geerling on the challenges facing the antiquities trade
The chairman of the International Association of Dealers in Ancient Art reflects on an increasingly scrutinised industry as the organisation marks its 30th anniversary
A crucifixion by Fra Angelico and a Félix Vallotton that belonged to actor Peter Ustinov are among our picks of the July sales
Plus one of only four paintings by the 15th century Master of the Baroncelli portraits
Lempertz to sell Max Pechstein self-portrait following settlement with Jewish doctor's heirs
The painting was pulled from a sale in June following reports it was sold under duress in 1936 by Walter Blank, who died in Spain while fleeing Nazi Germany
How will the art market cope with stagflation?
Plus, Spain’s historical memory and a Dürer plate remade by Goldin + Senneby
In the spotlight: the only collector who bought a Van Gogh during Vincent’s lifetime
Anna Boch is celebrated with an ambitious exhibition, opening in Ostend