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

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

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

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

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

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

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

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

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

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

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

Laurent and Olivier Kraemer charged with organised fraud and money laundering in ongoing investigation over so-called "fake Boulles"

New space for the Paris dealer consolidates gallery’s position as primary market power in France

New record for Joan Mitchell as fresh artists join the $10m-and-up club—but Bacon and Basquiat still dominate top prices in New York

Canadian photographer has been working with scientists to draw attention to man's impact on the planet

Rapper P. Diddy identified as buyer of the Chicago-based painter's Past Times

Steep rise in foreign investment in Georgia and steady economic growth has prompted a “new generation of art buyers”, says director

London dealer Alison Jacques says the photograph was taken from last year's fair and another work was damaged due to temperature fluctuations

Even without a $150m-plus headliner, the auction topped rival Sotheby’s by $100m thanks to deeper, more even bidding

Fair expands into new pavilion at Somerset House and features new Augmented Reality experience from Canadian artist Edward Burtynsky

Hauser & Wirth show in Zürich includes loans from the Tate, the Stedelijk Museum and the Fondation Dubuffet

Dealing dynasty says that the painting bought in the Rockefeller sale will be loaned to the Musée d’Orsay

Sex sells—but only if it is guaranteed

Highlights include works by Cady Noland, Kerry James Marshall and Lyonel Feininger

Aided by Portugal's rising GDP and wealthy foreign investors, ArcoLisboa has provided a shot in the arm to capital's art market

Leaning on romance of Rockefeller name and its appeal to international and first-time buyers, the auction house triumphed in its marathon week of sales

The heads of Christie's, Bonhams and Phillips speak on market shifts, challenges and why they believe their model will succeed

Painting is “one of the most important” by the Impressionist artist to be sold in London in the past 20 years

Details yet to be finalised, but the fair is also looking at how to deal with “increasingly erratic weather” after heatwave sent exhibitors into meltdown

Evening auction featuring the family's most valuable works set new records for Monet and Matisse