Art market

China Guardian to open new flagship in Beijing

The art centre, designed by Ole Scheeren, is the first purpose-built for auctions in the country and will open this spring

Art marketpreview

Brafa beefs up its contemporary art offering

Long-established Brussels fair bolsters more patchy modern works on show to complement strength in haute époque, ethnographic and ancient art

Foreign galleries make move on Italy

Thomas Dane is the latest in a string of galleries to open spaces in the country, but are there are enough high-level collectors to sustain them?

Paddle8 to allow cryptocurrency in online auctions

The auction house has merged with Swiss technology company The Native

From Van Gogh to Richter—what happens when bidders fail to pay up at auction?

Flaky winning bids are knocking the gloss off record-breaking sales

Tefaf drops comprehensive art market report

Maastricht-based fair organisation deems more targeted reports a greater service to dialogue

Outsider Art Fair welcomes new exhibitors to New York

Genre continues to embrace ever-widening fringe, to collectors’ delight

Podcastspodcast

Podcast episode 15: What will 2018 hold for the art world?

We are at the London Art Fair speaking to Georgina Adam about her art market predictions and to Louisa Buck about the top shows and artists to keep on your radar this year

Hosted by Ben Luke. , with Louisa Buck and Georgina Adam. Produced by Julia Michalska and David Clack
Art marketpreview

Object Lessons: our pick of New York's Winter Antiques Show

Alaskan seal mask, Japanese Buddhist deity and an 18th century Chinoiserie screen on show at event's 64th edition

Julia-Peyton Jones gives Sturtevant her first posthumous show in London

Ropac gallery exhibition to include artist’s famous reconstructions of Andy Warhol’s Flowers

London Art Fair hits 30—and holds its ground

Bank of England governor Mark Carney attended the VIP preview of the middle-market fair

Fairspreview

New York's Winter Antiques Show returns with a refreshed image

Fair stalwart joins the Instagram generation as it encourages dealers to forge links between past and present for its 64th edition

Phillips to incorporate its Latin American offering in its main contemporary auctions

Citing record prices for works by Herrera, Schendel, and Oiticica, the auctioneer hopes move will stoke international demand

Global auction sales up 25% to $11.2bn in 2017

Contemporary art leads market recovery at Christie’s, Sotheby’s and Phillips, according to ArtTactic report

Author Don Thompson takes issue with 'the last Leonardo' tagline and casts 2018 market predictions

$450m Salvator Mundi sale too late to be included in new book, The Orange Balloon Dog, but would have filled several chapters, economist says

New York DA’s Antiquities Trafficking Unit starts the new year with double seizures

The newly formed team, led by Assistant District Attorney Matthew Bogdanos, has been cracking down on ancient art dealers and collectors

Sotheby's snags a fresh £36.5m Picasso for February auction in London

Price sets a high bar for the auction house's first Impressionist & Modern offering of 2018

Sotheby's brings outsider art to Bond Street

Exhibition with charity Outside In shows work by "hidden" artists working outside mainstream society

Brooklyn Museum first to show Yusaku Maezawa’s $110m Basquiat

Japanese billionaire has sent his prized 1982 skull painting on “world tour” after buying work at Sotheby’s last year

Pace reveals details of its new Hong Kong space

Yoshitomo Nara show to inaugurate the new gallery during the week of Art Basel in Hong Kong

Fairspreview

San Francisco fairs target tech wealth

Fog Design+Art blurs genre boundaries and Untitled upgrades its venue in a bid to convert Bay Area browsers into buyers

The future may be virtual, but who is running the show?

With VR going mainstream, legal questions about copyright and authorship are coming to the fore

David Zwirner to expand again with another New York gallery opening in 2020

Five storey Renzo Piano-designed space will become mega-dealer’s new global headquarters

New York court grants permission for Rybolovlev to use confidential documents in UK and Switzerland

Order could pave way for Russian billionaire to launch High Court case against Swiss dealer Yves Bouvier and Sotheby’s

Art marketanalysis

What will 2018 hold for the art market?

Expect more guarantees, an Old Master revival and gallery innovation, says Georgina Adam, art market editor-at-large

Third edition of art-fair alternative Condo gives 27 international galleries a prime London platform

The collaborative initiative involving established and emerging dealers is mooted as an alternative commercial model

Beyond Leonardo: the artists who led the auctions in 2017

We survey the top five results in key markets, from Old Masters to Post-war and contemporary