Art market

Is Qatar's Fifa World Cup a lesson in artwashing?

Plus, how long left of the good times in the New York auction world? And abstract Black figuration

Hosted by Ben Luke. With guest speakers Hannah McGivern and Georgina Adam. Produced by David Clack, Aimee Dawson and Henrietta Bentall
Sponsored byChristie's

A timeline of the $450m Salvator Mundi: centuries of deals, disputes and drama

The Art Newspaper charts the existence of the world's most expensive work of art, from 1478 to today

Modigliani and Basquiat push Christie’s New York double-header sales of 20th and 21st century art to $421.9m

The epic evening saw strong results from a wide-ranging, two-part offering that spanned the 1880s to this year

Back to normal? Not quite yet—Art Basel Hong Kong reveals pared down 2023 exhibitor list and new director

Next edition will be first since the special administered region lifted mandatory quarantine—but some Covid-19 measures remain in place

'The Leonardo and the Carpet Dealer': the secretive first campaign to sell the Salvator Mundi

Respected textiles scholar and dealer Michael Franses was employed in 2009, by one of the syndicate who owned the painting, to offer it for sale to a handful of the world's leading museums

Records for rising stars and women artists power an otherwise subdued Sotheby’s New York contemporary art evening sale

The firm’s contemporary and “The Now” evening auctions totalled a combined $314.9m and notched new best prices for Barbara Kruger, Betye Saar and Elizabeth Peyton

Gagosian announces new board of directors including LVMH's Delphine Arnault and filmmaker Sofia Coppola

Star-studded board of 20 will “raise the bar on the gallery’s vision for the future”, mega-dealer says

Phillips’s $138.7m contemporary art sale in New York reflects ‘a general cautiousness in the market’

The measured result, which slightly surpassed its low estimate and the total take from the same sale last year, was bolstered by a late Cy Twombly that fetched $41.6m

Alleged Native American scalp seized from auction house specialised in Confederate and Nazi memorabilia

Authorities received an anonymous tip regarding an object listed for sale on the auction house’s website and described as a Mescalero Apache scalp

Five years since the $450m Salvator Mundi sale: a first-hand account of the nonsensical auction

At the record-breaking sale at Christie's New York on 15 November 2017, the audience gasped and whooped as if they were at a very exclusive firework display

Record-breaking Mondrian leads an evening of mixed results at Sotheby’s marquee Modern art sales in New York

The auction house held a competitive, white-glove single-owner sale and a lacklustre modern art sale on Monday night

The five year warranty on the Salvator Mundi by Leonardo is about to run out—could the buyer have asked for their money back?

Warranties of authenticity offered to buyers can be hard to enforce when auctioneers can fall back on the “generally accepted opinion of scholars and experts”

Covid fears shut Shanghai's West Bund Art & Design fair early

Decision came one day after authorities dramatically closed Art021 fair over a single positive case

Art marketanalysis

Why the global explosion of billionaires will keep auction houses afloat—for now

Record-breaking sales from the collections of Microsoft founder Paul G. Allen and the acrimoniously divorced Macklowes herald the start of a 20-year bonanza for auction houses

Shanghai's Art021 fair closes after just one day, apparently due to a single positive Covid-19 case

Event's founders says the decision was made to "effectively protect the health and public health safety of the exhibitors"

Cache of leaked documents reveal Sotheby's owner Patrick Drahi’s $750m art collection—and his tax affairs

Billionaire businessman has amassed a treasure trove of more than 200 prime works of art, many bought through his auction house

Art fairsanalysis

France's answer to Tefaf? Inaugural Fine Arts Paris & La Biennale stakes its long-term ambitions

While sales weren't spectacular, dealers were overwhelmingly positive as to the future of the fair, and its potential for further growth

LVMH and Gagosian: why the rumour of a buy out makes sense, even if it isn’t true

A shared client base, product exclusivity and international reach—just some of the reasons why these two brands are perfect bed fellows

Microsoft co-founder Paul Allen's collection brings record-smashing $1.5bn at Christie's evening sale in New York

A $149.2m Seurat studio scene and $137.7m Cézanne landscape led the 60-lot, white glove sale

UK government launches inquiry into risks posed by NFT market and crypto

Department for Media, Culture and Sport is asking public for evidence related to the safety of current blockchain regulations

Shanghai looks to West Bund and Art021 fairs for economic boost as fresh lockdowns leave buyers cautious

Week-long hotel quarantines are still required of all international and Hong Kong arrivals to the mainland, deterring all but the most determined dealers

How does the market judge 'juvenile' work by name-brand blue-chip artists? Two early Warhol paintings are about to find out

Offered next week at Phillip's New York, the works were made during Warhol's student days and bear no resemblance to his signature styles

Institutional critique artist Andrea Fraser joins Marian Goodman gallery—her first US commercial representation in more than a decade

For more than 30 years Fraser has used performances to draw attention to power structures within cultural organisations

Art marketcomment

Five years after #MeToo, what has changed for female artists?

Recently, some major galleries have signed high-profile women, many of whom launched artistic careers long before the industry cared

New York to get major photography fair in September 2023 at Javits Centre

Photofairs New York is the sister event of Photofairs Shanghai, East Asia's largest commercial photography event

Art fairsanalysis

Artissima fair in Turin returns with zero Covid restrictions and moderate sales

As with year's previous, work at lower price points does well at Italy's most cutting-edge commercial art event

Art marketanalysis

Art Week Tokyo’s perfectly orchestrated official launch leads some gallerists to ask—do we really need a fair?

As the city attempts to grow its position as a global art hub, some dealers express a preference for gallery-hopping events

Yinka Shonibare's ecological farm residency in Nigeria launches ahead of biggest-ever Art X Lagos fair

A buzzing art week signals sustained investment in West Africa's financial capital