Art market

Art marketpreview

Latin American art gets a boost on the auction block

Broadening the sales strategy for Latin American art has been a positive move for some artists' markets

Nobel Prize-winning doctor’s painting of the lab where he discovered insulin goes on sale in Toronto

Dr Frederick Banting wanted to take up art full-time, but he was killed in a plane crash during the Second World War

African American artists sweep Sotheby’s contemporary evening sale in New York

With only two lots unsold, the auction house nets $362.6m in evening of avid bidding

Art marketpreview

How high will Hockney go and can his soaring market last?

A double pool portrait, estimated at $80m and offered at Christie’s with no reserve, could set a record for the most expensive work by a living artist

Record $91.9m sale of Edward Hopper’s Chop Suey buoys confidence at Christie’s American art sale

At $317.8m, the Ebsworth evening sale becomes one of the top five most valuable collections ever sold at auction

Art marketcomment

Will the UK be able to take part in antiquities busts after Brexit?

Nineteen of the accused in Operation Demetra face trial in December, while the alleged UK mastermind awaits extradition

Top lots go unsold at New York's Impressionist and Modern sales, proving a discerning but 'not doomsday' market

Monet carries Christie's evening sale while a Magritte shines at Sotheby's, marking an auction record for the Surrealist painter

Art marketanalysis

Performance art finds its voice at Independent Brussels

Contemporary fair has reinvented itself after scaling back and moving to a November slot, although it has lost some big name exhibitors

Art marketanalysis

Tiny, but rich: Luxembourg pushes for more presence in art market

It may be known as a haven, but buyers in the grand duchy pay 17% tax, fair director says

Mayfair Fine Art administrators struggle to trace paintings linked to money-laundering scandal

Two works supposedly owned by bankrupt company, whose director Matthew Green resigned in February following FBI sting operation, are "apparently" in Dubai

Guarantees: the next big art market scandal?

Third-party auction deals have made some people very rich—but they may be bad for the market in the long run

Anna Brady. , with additional reporting by Anny Shaw
Art marketcomment

Common mistakes of rookie auction guarantors

Guarantees can be lucrative, but in the face of savvy competition, novices can get burnt when backing works as a third-party

Holy grail of folk ceramics made by 19th-century snake handler breaks auction record

The “snake jug” shattered the previous record for Anna Pottery, a niche favourite of Americana collectors

Art marketpreview

What to watch on the block during New York's fall sales

Lesser known lots still hold plenty of hammer potential

Picture this: from €10,000 to €1.3m, what to buy at Paris Photo

Prices for photography tend to be lower than standard art market price ranges but Richard Avedon’s famous Warhol image has a seven-figure price tag

Russian billionaire Dmitri Rybolovlev charged in corruption probe brought by Monaco police

The formal investigation follows his detainment earlier this week related to an ongoing spat with the art dealer Yves Bouvier

Auctionscomment

Contemporary art’s value may be on the rise, but it comes at a greater cost

Chicago’s aborted effort to sell Kerry James Marshall’s public work teaches us something about the transactional nature of today’s culture

Lawnews

US court orders collector to repay Sotheby’s $1.2m for Parmigianino fake

The judgement comes after two experts found the painting was made with modern synthetic pigments

Sportcomment

What is a football club doing at an art fair?

It's not just about money—credibility is a factor too

Art marketanalysis

Paris versus Shanghai: photo fairs old and new compared

Despite censorship, China’s appetite for photography is growing but Paris Photo remains pre-eminent

Tefaf drops dealers and auction house specialists from vetting committees

Move brings Dutch and New York art fairs in line with each other

Art dealers across the US are mobilising in support of Democrats ahead of US mid-term elections

Galleries in New York and Los Angeles make the most of their cultural and financial capital

Kerry James Marshall painting created for Chicago library withdrawn from Christie’s auction

Knowledge and Wonder was estimated to sell for more than $10m, but Chicago’s mayor had a change of heart

A record-setting $30.1m sale of an Assyrian relief at Christie's raises red flags

The 31 October sale has prompted calls for repatriation and criticism of the seller, highlighting the gap between art ethics and law

Art Basel owner backs off from its regional fairs

MCH Group is selling its stakes in Art Düsseldorf and India Art Fair and will pull out of Singapore’s Art SG to 'to stabilise the company '

Art marketanalysis

Witchy works cast a spell at Turin's Artissima art fair

Feminine power and the occult permeate the Italian event and the city beyond

Art marketpreview

Private View: our pick of November gallery shows

From a two-venue show of Albert Oehlen's abstract works in Paris to a Bridget Riley retrospective in Los Angeles, here are the gallery shows to see