Art market

Booksreview

A deep dive into the history of China’s art market

From the devastation of the Cultural Revolution to the transformation of the contemporary art scene

Collection of late California patron Chara Schreyer could net more than $70m at Sotheby’s in New York

In sales spanning this year and next, hundreds of works that once belonged to the SFMoMA trustee will be offered, including a box in a suitcase by Duchamp

Cosmoscow, once Russia’s premier international art fair, opens in building reportedly struck by drone last month

Only one of over 75 participating galleries this year is from abroad—but Russian dealers remain determined to continue business

Newly attributed Raphael drawing heads to auction at Dorotheum

Rediscovered work is a preparatory study for the Battle of the Milvian Bridge fresco displayed in the Vatican’s papal apartments

Private museum's collection of ancient arms and armour could bring in £22m at Christie’s

The privately-owned Mougins Museum of Classical Art closed in August for a revamp to rebrand as what has been described as Europe’s "first major museum dedicated to work by women artists"

Oligarch Files investigation reveals $963m art collection of Roman Abramovich and Dasha Zhukova

Mondrian, Magritte and Freud are among the masterpieces acquired by the sanctioned Russian billionaire, according to a report by The Guardian

Art Basel reaches outside art trade for new chief officers of growth and digital

Hayley Romer and Craig Hepburn will work to bolster the brand's year-round presence and "engage ever broader cultural audiences"

Hauser & Wirth to open in Basel—taking over Galerie Knoell's space in 2024

The mega-gallery will also welcome Knoell's founder as a senior director, in a move that will "extend its commitment in Basel"

Ex-dealer Robert Newland sentenced to nearly two years in prison for role in Inigo Philbrick’s art frauds

"He did his job, but his job turned out to be assisting a criminal fraud," a New York district court judge said

Art marketanalysis

What David Zwirner’s recent surprise losses reveal about the high-stakes art market

The dealer remains “cautiously optimistic” about the trade’s prospects this autumn

Arts fundinganalysis

Private sector picks up the pieces as UK government cuts art education funding

While university arts departments are being dismantled, dealers and auction houses provide learning programmes

International galleries and collectors finally returning to Brazil’s ArtRio fair

The fair’s 80 exhibitors include a small but significant coterie of dealers from abroad while Brazilian collectors are out in force

Bob Ross’s canvas from the first The Joy of Painting episode hits the market for $9.85m

Minneapolis gallery Modern Artifact called the price a “not-for-sale number”, adding that they intend to take the 1983 painting on tour

After 25 years of operating solely in London, Stuart Shave's Modern Art gallery will open in Paris

Brexit has not influenced the decision to launch the outpost, says the gallery's founder

Sotheby’s lands $400m Emily Fisher Landau collection for November sales

The auctions will include a 1932 Picasso painting with a $120m estimate

Constable sketch discovered in a suitcase heads for auction (again)

The drawing, which was first sold by the Yorkshire auction house in 2021, depicts Dover harbour from an East India company ship

1-54 Contemporary African Art Fair launches Moroccan earthquake relief project

Appeal brings artists and institutions together to raise funds to support survivors and long-term reconstruction

Fashion brand Stone Island to offer bursaries for emerging galleries at Frieze

Exhibitors in the Focus section of the art fairs can receive up to 30% off stand costs through the new partnership

Art marketfeature

The art world still favours the rich—how do we fix that?

Nine artists, curators and dealers who beat the industry's stacked odds discuss challenges and solutions

Art marketanalysis

The art market is on a bumpy ride in 2023

Major auction houses have posted steep falls in turnover for the year so far—but some categories, such as luxury goods, are booming

The Armory Show is ‘business as usual’ at first edition since Frieze acquisition

Sales were off to a bustling start at New York City’s largest art fair, even as questions remain about what changes the new ownership will bring

Robert Colescott’s 1919 sells for $3.5m at Bonhams during special Armory Week auction

The painting, which featured prominently in a recent Colescott retrospective, hammered slightly below its estimate

Photofairs New York shows the promise and peculiarity of an evolving market

The new fair uniting conventional photography and new media makes a unique pitch to the trade during Armory Week

The Week in Art | Special 250th episode: what’s next for the visual arts?

We ask leading art world figures about their hopes and concerns, and discuss what the future has in store for museums, the art market and artists with our long-term contributors Cristina Ruiz, Georgina Adam and Louisa Buck

Sponsored byChristie's

Seoul has all the ingredients for success—can Frieze now take its market to the next level?

The city’s collectors, museums and state support make it a key player in Asia—but sales from the fair show its market is still nascent

Korean emerging artists to watch at Frieze Seoul and Kiaf

From Boschian epics and BDSM hardware to understated sculptures and irreverent paintings, a new generation of Korean artists is making a splash