Art market

London art dealer Richard Green sued by US tycoon over €5m Old Master purchases

Gary Klesch claims undisclosed provenance led him to pay higher price for two paintings by Jan Brueghel the Elder and Salomon van Ruysdael

'Piss artist' Andres Serrano buys Trump's wedding cake

Artist paid $1,880 for the mini chocolate cake, given as a favour at US President's marriage in 2005, but is tight-lipped about his plans for the baked good

Smaller sales platforms spotlight artists without gallery representation during Mexico City’s fair week

Spaces like Salón ACME and Cinco Pisos en el Quinto offer a more ‘empathetic model’ as the region’s art market grows

Max Stern: dealer's heirs still fighting for looted art justice

With works from the forced liquidation of his gallery by the Nazis still regularly turning up in Germany, two current restitution claims by his heirs could have major ramifications for all those seeking to recover looted art

Economic policies introduced by Mexico’s new president have yet to dent dealers' sales at Zona Maco

Works at mid-tier price points are moving quickly at the 16th edition of the Mexico City fair, according to exhibitors

'Rockefeller effect' contributes to Christie’s £5.3bn record total in 2018

Brexit not a factor in dip in auctions in Europe and the Middle East, says auction house's Emeri president Dirk Boll

The Fine Art Society closes Mayfair gallery after 142 years with 'emotional' sale at Sotheby’s

Sculpture of Peter Pan and painting by Gluck were among the stars of five-hour long auction

Galerie Bastian opens new venues in London and Berlin

Former David Chipperfield-designed premises has been donated to Berlin's heritage foundation

Enigmatic Gino De Dominicis subject of complex fakes investigation in Italy

Market for Italian artist’s works slows as police investigation into alleged forgeries scares off some collectors

Drawings prove the main draw for collectors at New York’s Master Week sales

Sotheby’s sees strong sales for works on paper by Rubens and Carracci while interest in masterworks by female artists slowly rises

Guggenheim deaccessions work by Zao Wou-Ki as the artist’s market swells

Following a $65m sale of the Chinese modernist’s work in October, Sotheby’s will offer an untitled work this spring to benefit the museum’s acquisition fund

Art fairsanalysis

New report says South Asian gallery sales are on the rise but does that ring true at India Art Fair?

Speculative buying in the region has also increased, ArtTactic’s 2019 South Asian Art Market Report concludes

The Armory Show offers a free booth to emerging galleries to celebrate its 25-year legacy

The first recipient of the new Gramercy International Prize, Ramiken gallery, will present two artists at the 2019 edition of the fair

New York’s scrapped L-train shutdown is an ‘emotional rollercoaster’ for Brooklyn-based galleries

Many art dealers have made tough business decisions over the last year as plans to repair the vital transportation link between Brooklyn and Manhattan shifted

European Commission president Jean-Claude Juncker must close tax loopholes at Luxembourg freeport, MEP says

German politician Wolf Klinz describes the art storage facility as “high risk” for money laundering and tax evasion

Artgenève bridges Switzerland's language divide

Eighth edition of fair attracts more blue-chip and German-speaking Swiss galleries keen to meet Geneva's Francophone collectors

Hitler watercolours seized as suspected fakes

Three landscapes signed A. Hitler were offered for sale at Berlin’s Auktionshaus Kloss

Brafa fills a gap in the art fair market (yes, apparently there is one)

New exhibitors at Brussels event are targeting a strong European collector base seeking works priced under €1m

New York’s Americana week reveals a generational shift in taste

Sales lag while demand for folk art is on the rise as Millennials move away from a ‘Home Alone’ aesthetic

The Fine Art Group buys Falcon Fine Art as art finance industry consolidates

Terms and cost of the Falcon buy have not been revealed but deal includes the "purchase of over 10 loans” with borrowers in the EU, Australia and the US

Gallery representation dwindles for 'established' female artists, new research finds

But while dead men dominate the market in the UK and US, it is women who top auction prices for African art

More diverse offerings transform New York's Winter Show into the Met, but ‘with price tags’

The inveterate fair, now in its 65th year, attracts a more youthful crowd thanks to an infusion of the contemporary

Dealers cash in on San Francisco’s wealth of museums at Untitled Art and FOG fairs

The Bay Area collector base may be known for its tech-mined millions but institutions fuelled sales at the growing West Coast fairs

Banksynews

Banksy buyer plans to build urban art centre in Wales

John Brandler, who paid a six-figure sum for Season's Greetings, is in talks with local officials

Taipei Dangdai attracts cautious but ‘committed’ local collectors in its first edition

Dealers report a high rate of works on reserve amid some strong sales at the launch of Taiwan’s new contemporary art fair

Brexitnews

UK cultural figures sign letter demanding 'People's Vote' on Brexit

Frieze's Matthew Slotover and Gagosian Gallery's Gary Waterston among signatories