Art market

Art marketcomment

Art market 2026 predictions: underwhelming rebound and another Frieze fair

Our columnist gazes into her crystal ball to spot the major trends—from London regaining its lustre to AI fatigue—that are set to dominate the trade over the coming 12 months

Fair behemoths bet on Gulf plus new, bigger venues for Independent—a quick look at art fairs in 2026

Art Basel and Frieze are expanding in the Middle East while Art Cologne is reinstating its Mallorca edition

Pablo Picasso and Safeya Binzagr headline Sotheby’s second sale in Saudi Arabia

Auction house powers ahead with blue-chip lots in the Middle East but luxury items fall out of favour

Guy Wildenstein steps down as president of Wildenstein & Co. gallery after 35 years

Patriarch of the French-US dealing dynasty, who helped shape countless collections, insists legal issues played no part in the decision

Comment | Digital art today has a narcissism problem

Beeple’s anarchic entry into Art Basel Miami Beach doubled down on cult of personality at the expense of artistic substance

Tefaf director Dominique Savelkoul has left her post over 'differing views' with the organisation

The Belgian museum expert was appointed in September last year

Kabir Jhala. With additional reporting by Anna Brady

Bill Koch’s collection could fetch $50m at Christie’s as interest in American Western art grows

It is estimated to fetch more than double the category's existing record for a collection at auction

The art world in 2025: our review of the biggest stories and shows—podcast

From the Los Angeles wildfires to Trump’s policies on culture and heritage, The Art Newspaper's editors analyse the year's biggest stories

Hosted by Ben Luke. Produced by Aimee Dawson, Philippa Kelly and David Clack
Art marketanalysis

Art market 2025 review: all eyes on the Gulf as Trump destabilises global order

Tariffs and new anti-trafficking rules took their toll in the US and Europe this year, as attention and investment shifted to the Middle East

Bing Crosby’s collection brings a white-glove Christmas to Sotheby’s

The $6.7m New York sale of the film star's prized possessions closed out a successful season for the auction house

Van Gogh in 2025: Record prices, memorable shows and the first Korean acquisition

This year also brought a disturbing threat to Amsterdam’s Van Gogh Museum

Art marketfeature

In 2025, new ‘independent and nimble’ art fairs began redrawing the market map

A series of small-scale, affordable events are challenging the dominant scene

Christie's and Sotheby's end 2025 with increased sales, thanks to luxury goods, trophy lots and private deals

Projected revenue at both auction houses is up from 2024, at $7bn for Sotheby's and $6.2bn at Christie's, with high-profile transactions increasingly taking place behind closed doors

Comment | After a market shake up in 2025, it's time to create a right-sized art trade

From collaboration to consolidation, some dealers are adapting to a changing market that many agree should not return to its previous peak

François-Xavier Lalanne hippo bar sells for record-breaking $31.4m at Sotheby’s

The price, three times its high estimate, smashed the auction records for Lalanne's work and any design object

Napoles Marty wins Frieze Los Angeles Impact Prize

The prize, presented in partnership with Nxthvn, includes a solo stand at Frieze Los Angeles and $25,000

Art marketanalysis

In the bag: Sotheby’s inaugural Abu Dhabi Collectors’ Week finds success with Birkins and bling

Netting a solid $133.4m total, the first Sotheby’s live sale in Abu Dhabi is described by the house as the largest debut for any new market in its history

Chinese artist to auction work for Hong Kong ambulance service after deadly Tai Po fire

The crypto mogul Justin Sun—who famously bought Maurizio Cattelan’s $6.2m banana work and ate it—has also donated $7.8m to the government relief fund

From politics to painting: works by Albanian prime minister Edi Rama are new art fair favourites

The politician, whose administration has been dogged by accusations of corruption, has signed to Berlin gallery Société

Museum acquires massive Martin Wong triptych from Art Basel Miami Beach

The painting, only publicly displayed once before, will soon be featured in a Wong exhibition in Chicago

Miniature self-portrait by Frida Kahlo turns heads at Art Basel Miami Beach

A Frida Kahlo self-portrait measuring 5cm tall is on sale for $15m at the stand of Weinstein gallery

Hauser & Wirth will expand gallery empire to Italian city of Palermo

The blue-chip gallery has acquired a 19th-century palazzo in need of restoration in Sicily

Art marketanalysis

‘The challenge will be to sustain it’: was the autumn art market boom more than just a blip?

Highly successful auctions and fairs do not solve the market’s deeper problems

Art marketcomment

Comment | Fine balance: fairs up the exclusivity while appealing to younger clients

The idea of making luxury more democratic seems both noble and impossible

Art marketanalysis

Medieval triptych ventures out of Dorset to sell for £5.7m in London Old Master auctions

“The Five Miracles of Christ” sold at Sotheby’s to a Christian foundation on Tuesday night, while an early Gerrit Dou led Christie’s evening auction at £3.8m

‘Christmas came early’: Art Basel Miami Beach opens with avalanche of blue-chip sales

The most valuable sale reported was an abstract painting by Gerhard Richter for $5.5m, from David Zwirner

Miami Beach buys Peruvian artist’s copper weaving

The winner of the city’s annual acquisition prize, determined by public vote, is a work by Ximena Garrido-Lecca

Cracked it: rare crystal and diamond Fabergé egg sells for record £22.9m in London

Dubbed the ‘Mona Lisa of the decorative arts’, the work is now the most expensive Fabergé egg ever sold at auction

Art marketanalysis

Despite years of political and economic turmoil, Iran’s art market is thriving

The country is stymied by international sanctions, but Iranian collectors spend millions on home-grown art

Southern Guild gallery to close in Los Angeles, open in New York

The South African gallery announced a plan to shift its US base east as it participates in its first Art Basel Miami Beach