The Gray Market

The Gray Market is a bi-weekly column by Tim Schneider about the art market’s transition from an informal, insular economy to a professionalised, growth-minded industry.

Art marketanalysis

The Gray Market: Rybolovlev’s trial against Sotheby’s has become a slog through minutiae—and that’s good for the auction house

The art market ‘trial of the century’ has transitioned from courtroom drama to bureaucratic headache

The Gray Market: Our art market soothsayer looks back on his 2023 predictions

How did his forecasts weather the roughest turbulence the trade has experienced in years? Read on to find out

The 1973 Scull auction was a harbinger of today's market, but its meaning is still misunderstood

Fifty years later, history suggests the infamous sale from the collection of Robert and Ethel Scull is not quite the art market precedent it is remembered as

Prints and multiples may finally be ready for the market spotlight—it only took a few hundred years of confusion

The latest edition of the IFPDA Print Fair in New York and a slew of moves by mega-galleries look set to reshape this long-overlooked category

Art fraud has hijacked the conversation again, but calls for stronger regulation miss the bigger picture

Is regulation a wonder drug for curing the art market of its chronic fraud problem? Our columnist explains why that thinking is a myth