Art market
Christie's results are down ‘just’ 6% in 2024, ‘despite challenging environment’
The house's auction total saw a double-digit decrease for a second year in a row—but private sales are booming
Family of late Marlborough Gallery chairman Pierre Levai sue his lover, claiming she ‘kept him sick, starved’
Max and Rosemary Levai claim Pierre’s “long-time paramour” Marcia Levine is responsible for his death and should not receive any of his inheritance
Fuller picture of Sotheby's mass layoffs emerges
Staff cuts at auction house come as $1bn deal with Abu Dhabi wealth fund closes
New York's Pace African and Oceanic Art gallery closes
The New York gallery first opened in 1971
Christie's is suing winning bidder of record-breaking Chardin for failure to pay
Italian investor Nanni Bassani Antivari secured the still-life Cut Melon with a €26.7m bid in June, but has yet to send the auction house any money
MFA Boston's Old Master paintings could bring up to $3.8m at auction
The deaccessioned works, to be offered at Christie's in New York, include 17 pieces by Dutch and Flemish artists from the 17th century
The Year in Review: art market slump squeezes biggest players and Frieze for sale
The top end of the market failed to recover, while auction houses expanded in Hong Kong amid dramatic shifts in the city
What dealers and art enthusiasts got out of the inaugural Chelsea Art Fair
The five-gallery fair was staged inside one of Manhattan's most famous hotels
How Shanghai's art scene burst back to life for massive art week
More than 100 events accompanied two major fairs, with a vibrant and chaotic energy befitting China's financial capital
Sly’s knockout Ernie Barnes tribute to Rocky Balboa goes on view at Art Basel Miami Beach
The actor famous for playing Rocky commissioned the huge work from the late artist in the 1980s
Art Basel Miami Beach diary: Hollywood star in training for gallerist role, a pom pom-making party and an operatic triumph
Plus a satellite fair that promises glory holes and chicken buckets
Privacy rules are spelling trouble for the art market
More stringent regulations are posing provenance challenges and leading to legal battles
Comic book page—featuring Deadpool's first appearance—sells for nearly $1m at auction
This is the second most valuable page of comic art ever sold at auction
Dina Danish’s tapestries at Art Basel Miami Beach depict current events
The artist’s textile works depict important events from recent years, including the assassination attempt on the US President-elect
Trump ‘bump’ or Trump ‘slump’? What dealers expect from the next four years
On the second day of Art Basel Miami Beach, leading dealers, advisers and market experts are split on the US president-elect’s tax and tariff plans
Art Basel Miami Beach Diary: leathermen cause a stir, a brazen blazer and British comfort foods
Plus, top tips for dealing with fair-and party-weary feet
£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
Trump tariffs will take a toll on art market
The US dominates the global art industry, but new President's proposed additional 10% levy on paintings from China and possible tariff on imports from Europe will damage trade
Seven-figure works by Hammons, Kusama and others among first sales at Art Basel Miami Beach 2024
Dealer Larry Gagosian said "colllectors are taking their time" on the fair's first day
Five years after the banana frenzy, Maurizio Cattelan takes aim at gun violence at Art Basel Miami Beach
The artist is debuting a new work, intended as a statement on gun violence, at Gagosian’s stand
Small but mighty: sales under $10,000 defy market
The lower-priced sector is also the fastest growing, doubling over the past decade
South Florida, which has been dubbed ‘Wall Street South’, lures—but does not mint—collectors
The state’s finance surge has paid only modest dividends to the art trade
Miami Beach presentation to show there was more to Milton Avery than landscapes
Karma gallery, now representing the influential artist’s estate in the US, will reveal his circus-themed paintings at Art Basel Miami Beach and his ‘wild’ portraiture next year
Gold star medal taken from an Ethiopian war hero surfaces at auction
The grandchildren of Ras Desta Damtew, an Ethiopian general and noble, are seeking to recover the piece, listed in the online auction catalogue as coming from the estate of an Italian soldier who was present at Desta Damtew’s execution
With an $11m Leonora Carrington cat woman sculpture, Eduardo Costantini adds another jewel to his Buenos Aires museum
In recent years the Malba founder has emerged as one of Latin America's leading collectors
India Art Fair cancels its inaugural Mumbai show
The new event would have coincided with the city’s existing Art Mumbai fair
Crypto investor eats Cattelan banana he bought for $6.2m
Justin Sun, who purchased the work just last week, also pledged to buy 100,000 bananas from the vendor who originally sold the fruit for $0.25
Art Basel Miami Beach boosts newcomers by offering smaller stands
The largest fair in the Americas responds to “a challenging year for galleries” by introducing a new range of flexible sizing options for its main Galleries section, resulting in a record number of first-time exhibitors
Art Week Tokyo compacts the sprawling city into something digestible
The fourth edition sees the event court serious collectors as well as curators
UK art imports fall 16% for second year in a row as Hong Kong picks up slack
Sector is lobbying UK government to simplify trading procedures, or risk being outpaced by competitors