Art market

'Can the art market thrive in a sharing economy?'

Melanie Gerlis on how millennials don’t seem to have the same collecting gene as previous generations

Art Basel tests Turner Prize’s sway with foreign buyers

Is the UK’s premier award a big draw for international collectors?

Marshall arts: how collectors fell for Kerry James

Artist lands two big sales at Art Basel after record-breaking auction result

Plastic fantastic at Art Basel

From Gursky to Barney, our pick of five plastic-related works at the fair

Lawnews

New York judge orders two Schiele works sent to Christie’s, where they could be auctioned

But the watercolours are currently at the centre of a closely watched restitution lawsuit

French dealer awarded rights to Chinese artist T'ang Haywen's work

Paris court decision ends legal saga that began in 1991, when the artist died without an heir

A word with Marc Spiegler

Art Basel’s global director on collector behaviour, auction price databases and the complexity of the art market

Gender politics to the fore at Basel satellite fairs Liste and Volta

“The personal is political—this is a clear and present undercurrent,” says Volta artistic director Amanda Coulson

Lawnews

Daughter sues her father over Jean-Michel Basquiat painting

Belinda Neumann-Donnelly claims the work could have made an extra $15m if Hubert Neumann had not tried to block its sale

Collector appeals for return of Pissarro painting restituted through a 1945 order made by the Allies in France

"This may raise many important Holocaust issues for the French market," Christie’s says

Sotheby's sues Greece over its claim to ancient bronze horse

A case of man bites dog: auction house turns the tables on Greek government after it was forced to withdraw the figure from New York sale in May

A Saatchi for the next generation? Damien Hirst commissions 21 works by emerging artists for new show

Artist mentored Boo Saville, Helen Beard and Sadie Laska, allowing them to create their largest pieces to date in his studios for Newport Street Gallery show

Iran’s art market defies expectations in face of US sanctions with new fair

In a first for Iran, the Teer Art fair is set to open amid a growing but fragile market environment

Are Sergei Skripal sanctions hitting Russian buying and selling at UK auctions?

Hostile relations between Russia and the West following attempted poisoning of former MI6 spy may dampen bidding at London's Russian sales

Zao Wou-Ki dominates Hong Kong auctions

The Chinese-French Modern master continues to lead art market in Hong Kong

Russian tycoon accuses Yves Bouvier of 'campaign of disinformation' as US calls off investigation into Swiss entrepreneur

Dmitry Rybolovlev's $450m windfall from Salvator Mundi sale undermined fraud allegation, report says, but criminal cases against Bouvier in Europe are ongoing

Tom Thomson sketch hidden in Canadian basement sells for C$480,000 at auction, more than double its high estimate

The work’s owner, a retired nurse, chose not to attend the sale in person due to nerves “in case it was worth something”

Banksy’s records will tumble in ‘greatest hits’ show, former dealer says

Highest price to date is $1.9m, but Steve Lazarides says some paintings have a £2m-plus price tag

Stored in a basement, Canadian woman’s painting turns out to be Tom Thomson sketch

The work is due to be auctioned in Toronto with a high estimate of $135,000—and will fund a Mediterranean cruise for the owner and her friend

Art marketpreview

Paris Gallery Weekend is a shot in the arm for city’s under-the-radar gallery scene

The state-backed fifth edition is biggest ever with 44 galleries across five districts

Christie’s reintroduces contemporary art to its London summer calendar

Still no evening auction, but blue-chip artists make way for fresh talent in new day sale format

Women speak out about the gender pay gap at UK auction houses

Blaming an ingrained culture, auction houses vow to correct imbalance in women’s pay and representation in the highest ranks

Armenia's first art fair goes ahead in face of revolution

Despite civil unrest and a national lockdown, the Armenia Art Fair continued as planned—with free stands for the first edition

Berkshire Museum’s $8.1m Norman Rockwell leads American art auctions, despite deaccessioning controversy

The US artist dominated the top prices during New York sales series, where the commercial appeal of attractive subjects showed through in prices

Art marketanalysis

Can Tbilisi sustain an art market?

Georgian capital hosted its first art fair last week and new galleries are opening, but it is still early days

Second tranche of Aristophil's manuscripts collection to be sold in Paris, but will it flood the market?

After a difficult first series of auctions last December, Drouot holds more sales in June to disperse holdings of bankrupt French firm

Art Stage Jakarta 2018 cancelled amid unrest in Indonesia

Organisers cite the Asian Games and country's presidential election next April as reasons for the decision, but say fair will return in 2019

Art marketanalysis

ARCOlisboa grows, but still needs more international galleries

Third edition of the fair in Portuguese capital reflects Lisbon's expanding art scene and improving economy

Is Bonhams for sale?

Advisory group NM Rothschild has reportedly been brought in to oversee a possible sale of the British auction house