Art market

UK government pledges to cut red tape around art imports

Customs processes to be streamlined to boost the domestic art market and simplify the importing of art and antiques in the wake of Brexit

Art marketanalysis

Is the art trade choosing to ignore a wider world in crisis?

Amid threats to freedom, career moves and censorship become hard to tell apart

Booksreview

New book reveals how art dealer Léonce Rosenberg trod the line between salesman and Modern art's great champion

He declared the auction to be art’s true benchmark, but Rosenberg was also a committed promoter of the avant-garde

Art trade figures voice major concerns over new EU import licensing regulations

The restrictions will focus on imports of non-European cultural property

Keith Piper on tackling Tate Britain’s racist Whistler mural

Plus, the top takeaways from the new Art Basel/UBS report and a weaving by Anni Albers

Art marketcomment

It’s time to end the predatory practices of 'sleeper hunters'

Sleeper hunter dealers must recognise they have an asymmetrical relationship to vulnerable people pressured by circumstance to sell off their treasured heirlooms

Art marketanalysis

Global art market value fell by 4% in 2023 amid ‘inflation and wars’, Art Basel/UBS report finds

Last year saw a drop in sales of ultra high-value works but an increase in trading volume

Art marketanalysis

Focus, not faff: considered adjustments prove welcome at TEFAF Maastricht

A shorter runtime, a new Focus section and outreach to young buyers show promise as a way forward for the venerable Dutch fair

Art marketanalysis

The Gray Market: Anyone wrestling with money's influence on art has 800 years of company

A show at the Morgan Library & Museum traces the modern economy's emergence in the Middle Ages—and how it influenced art from the start

Booksreview

An explosive cocktail of desire and betrayal in a novel set in the 1990s London art world

This entertaining satire combines liberal quantities of sex, violence, money and drugs with the Britart scene

After two years of tremendous growth, France's art auction market is in decline

Overall auction results are strong—largely thanks to rise of second hand car purchases—but sales of fine art and antiques have fallen significantly from last year

Auctionsanalysis

Christie’s marathon evening sales in London make a within-estimate £163m

The 20th/21st century and Art of the Surreal auctions were up 18.5% by value on their March 2023 versions

Phillips’s evening sale of 20th-century and contemporary art in London comes up short, despite healthy mid-level bidding

The 27-lot sale brought in £10.9m without fees after three works were pulled and another three failed to sell

Tefafnews

Tefaf’s new Focus stands aim to be more than just another ‘special’ section

Made up of ten main fair exhibitors doing double duty, the section offers the space to experiment.

Sotheby’s Modern and contemporary evening sale in London makes 40% less than last year

The auction house made £82m before fees and set records for Etel Adnan and Takako Yamaguchi

Paris court finds billionaire dealer Guy Wildenstein guilty of tax fraud

He has received a four year prison sentence and been fined €1m for concealing from authorities a massive art collection to avoid paying inheritance tax

Cautious but calm art market awaits London’s March auctions

Expectations are measured as sector adapts to new economic landscape

Art Basel Hong Kong finally back to pre-pandemic size—what’s changed since 2019?

The city’s art ecosystem is rapidly expanding, but an economic slowdown across China and continued political interference from Beijing could mean stormy seas ahead

Slimmer Frieze Los Angeles fair has simmering start on first VIP day

California galleries did swift business in the fair’s opening hours, but dealers reported fewer seven-figure sales than last year

After a surge in Los Angeles galleries, competition for staff heats up

From assistants to senior directors, the city is ripe with opportunity as the local art market continues to mature

Richard Saltoun will open a New York gallery in May

The space’s debut show will be dedicated to Canadian artist Jan Wade, her first solo exhibition in the US

New satellite fair to launch at New York’s Estonian House during Frieze

The new fair, Esther, is being launched by New York’s Margot Samel and Tallinn-based Olga Temnikova

Creative Growth blossoms into market force for artists with disabilities

California non-profit supporting artists with disabilities celebrates its 50th anniversary with a special exhibition at New York's Outsider Art Fair

For its fifth edition, Frieze Los Angeles fine-tunes its approach to a flourishing local art scene

The fair continues to foreground local artists and galleries while serving as a global entry point to the southern Californian city

How artist-run gallery The Pit is helping to form a new art district in Los Angeles

The founders are breaking the mould by moving into the Eastside neighbourhood Atwater Village—with others soon to follow

Art marketcomment

Third time may be the charm for India’s budding art trade

Although the sceptics say we have been here before, there are ample reasons to believe India's art economy has entered a new era

Joan Snyder joins Thaddaeus Ropac for Europe and Asia representation

The 83-year-old American abstract painter has been working for six decades

Michael Werner Gallery to open Los Angeles branch in May

The inaugural exhibition will feature the unlikely pairing of works by Markus Lüpertz and Pierre Puvis de Chavannes

Christie's Elton John evening sale proves Wednesday night is alright for buying

The auction nearly matched its $6.4m high estimate before fees, as art brought the money while luxury and memorabilia drove the bidding