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Art marketanalysis

Is the declining value of Old Masters due to a lack of education?

Tefaf Maastricht, which holds its 38th edition this month, is attempting to teach audiences about pre-20th century art. But brand obsession among young buyers and a global education crisis are creating barriers to its appreciation

US taste for Surrealism boosts marathon £130m Christie’s auction

Double-header sale in London last night was led by René Magritte with strong prices for Paul Delvaux and Tamara de Lempicka

London contemporary art auctions kick off with £5.4m record for Lisa Brice, despite geopolitical chaos

Last night's sale at Sotheby's, which totalled £62.5m, also included a £4.3m Banksy sold by blink-182 frontman Mark Hoppus

Donald Trumpanalysis

As the wealthiest lurch to the right, will the commercial art world follow?

Condo London festival suggests repercussions of Donald Trump's presidential triumph are not clear-cut

Art marketanalysis

Lingering market slump prompts the question: is art no longer a 'must have' for the wealthy?

At last November's evening auctions in New York, eyes were on a $6.2m banana, but overall sales were down 41% on the previous year

£10m Botticelli leads London's pre-Christmas Old Master sales

Nine bidders competed for the 15th century painting of a Virgin and child at Sotheby's, while Zoffany, Tiepolo and Van Dyck topped auctions at Bonhams and Christie's

Art marketanalysis

How luxury buyers are changing art as we know it

The trade is increasingly reliant on an ultra-wealthy international clientele that lives what may be termed a ‘luxury lifestyle’

Art marketanalysis

How ‘high street’ art galleries are achieving serious sales success

They might not be hailed by the critics, but the likes of Opera and Halcyon are forging ahead

Art marketanalysis

What if luxury is art sellers’ salvation, and not their sin

New moves by Gagosian, Sotheby’s and others aim to boost the art trade via high-end retail

Art marketanalysis

Global turmoil and rising taxes tilt art trade towards new era

Increasingly unsettled elites are making a struggling market even less predictable

Art marketanalysis

As collectors’ tastes for ornate interiors ebbs, challenges to the trade rise

The popularity of the ‘less is more’ look is putting art and antiques dealers under pressure

Muted Old Master evening sales in London provide relative bargains but no fireworks

Slim auctions at Christie's and Sotheby's saw a rediscovered Quentin Metsys and a modestly priced Botticelli come to the block

Art marketanalysis

Does the De la Cruz collection sale mark the end of an era?

Reduced value, mixed results dent idea of contemporary art as investable asset

Art marketanalysis

Have artist-run shows lost their market-making power?

The current focus on biennials obscures a past when artists reset the agenda

Art marketanalysis

Sotheby’s new fee structure is a highwire act of risk and reward

Auction house’s bold changes that favour buyers could bolster profits—or they could backfire

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

Maastricht’s historic Tefaf fair bets on new attractions

With contemporary works, fresh initiatives and a shorter runtime, Tefaf hopes to extend its appeal while keeping its special magic alive

Art marketanalysis

Will the art market rebound? That might not be the right question

A resurgence in top-end spending would only reprise the recent status quo

Art marketanalysis

The Old Master trade is still seeking new ways to restore it to life

The category’s extraordinary works sell well, but the middle and lower ends of the market are in need of new ideas

Art marketanalysis

Neglected middle class may be key to growing stagnant art market

The spotlight tends to fall on big spenders, but what of “professional class” buyers, who often feel intimidated by the art world?

Auctionsanalysis

Rediscovered paintings by Rembrandt and Canaletto fail to turbocharge London Old Master auctions

Evening sales at Sotheby's and Christie's drew in £19.4m and £21.3m, respectively

Art marketanalysis

What makes a masterpiece? It depends who is selling…

Traditionally reserved for an artist’s greatest works, the term “masterpiece” now appears routinely in auction catalogues, and may just mean a work is good, novel—or expensive

Art marketanalysis

The magic behind Sotheby's Freddie Mercury sale

There was a certain degree of sleight of hand at play by the auction house to achieve 100% of lots sold

Art marketanalysis

Mind the (shrinking) gap: Paris gains on leading London

The debate over Europe’s art capital intensifies as post-Brexit red tape complicates business for UK art sellers and more major galleries set up shop in the French capital

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

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

Art marketanalysis

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

Auctionsanalysis

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

Auctionsanalysis

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

'The prestigious places are the worst': low pay still dogs the art industry, despite optimistic salary survey

The art market salary report offers insights into salaried employment but the impact of low wages—and having children—in a time of rapid inflation are missing