Art market
Sydney Contemporary art fair sees fourth year of decline in sales
Australia's leading art fair held its ninth, and largest edition, this month
Thaddaeus Ropac is betting on Milan—will it pay off?
The dealer has opened a gallery in the northern Italian city, which is welcoming an influx of new money and favourable tax structures for art
Pennsylvania man sentenced to prison for fraud scheme involving forged works by Picasso, Basquiat and Warhol
Court orders fraudster to pay more than $186,000 in restitution and a $50,000 fine, plus serve a two-month prison sentence
Detroit’s first fair, Season, revs up for inaugural edition
The new fair, which has grown out of Detroit Art Week, will bring 11 galleries, a pop-up exhibition and site-specific installations to the former Michigan Central train station
Shanghai residency space merging art and fashion to launch in November
The first resident at Cheruby House—which will also be an exhibition venue—is the Mexican artist and designer Bárbara Sánchez-Kane
UK money laundering crackdown continues, as art dealer faces a fine of more than £150,000
Latest penalties from UK’s customs and revenue office reveal a ramping up of regulatory enforcement
Picasso painting not seen in 80 years heads to auction in France
The portrait of the artist's lover Dora Maar goes under the hammer with an estimate of €8m
World's largest private Rembrandt collection may be fractionalised, owner reveals
Plans are underway for the Leiden Collection of Dutch Golden Age painting, amassed by billionaire investor Thomas S. Kaplan, to be offered as shares on a public stock exchange
'Age alone does not guarantee value': Thomas S. Kaplan is showing his Dutch Old Master collection in US for first time
The collector behind the Leiden Collection talks about the upcoming exhibition at the Norton Museum of Art, and why you will not find any of the works in his home
Untitled Art Houston opens with a slew of four- and five-figure sales
The Texan fair’s inaugural edition got off to a strong start for dealers who brought more affordable works
Near Naples, an ancient town is turned contemporary art hub for roving exhibition Panorama
The fifth edition of Panorama, held this month in Pozzuoli, was organised by a consortium of Italy's leading commercial galleries and featured artists from Simone Fattal to William Kentridge
Frida Kahlo dreamscape estimated between $40m to $60m could break artist's auction record
El Sueňo is from a major Surrealist collection being sold at Sotheby's New York this November
Japanese museum’s collection of Western art could bring $60m at auction
The Kawamura Memorial DIC Museum of Art will sell off its treasures this autumn at Christie’s in New York
Picasso or Bitcoin? How art’s status is changing among the super-rich
The art market is failing to attract the highest spenders, whose sights are set on other investments as the trade plateaus
Despite new autumn slot, Tokyo Gendai remains a largely local affair
Galleries reported satisfactory sales amid a global slump, noting that the relatively low prices and high volume of Japan's market are serving its domestic scene well
Inaugural Brussels Art Week stakes a strong claim for the city's scene
Organised by new non-profit RendezVous, the event brought together Brussels's wealth of commercial galleries, institutions and artist-run spaces
‘We craved external validation, but what's important has shifted’: Dubai gallery The Third Line celebrates 20 years
Founder Sunny Rahbar reflects on the rise of the Gulf scene and her gallery's journey, from 9/11 to the financial crash of 2008
It’s back to business for the art market—but can the trade keep ticking over till Christmas?
As dealers end their summer breaks, closures, cancellations and some worrying economic indicators point to tough times ahead
Leaner, nimbler and more discreet: why some art advisory firms are growing in a downturn
As other parts of the business scale back, advisories continue to launch and expand
Sotheby’s secures $120m Pritzker and $400m Lauder collections, with works by Matisse, Munch and Van Gogh
Specialists estimate the collections could collectively bring in around $520m during the upcoming auctions in New York this autumn
After 50 years, LA Louver is closing its gallery in Venice, California
The gallery will donate its vast archive to the Huntington as it shifts to a new business model
Rarely seen Walter Sickert painting to go on sale in London
The British artist’s oil, depicting a bored couple, is being offered by the gallery Piano Nobile as part of a selling exhibition
Francis Bacon painting, one half of a canvas divided by the artist, expected to sell for £9m at Sotheby's
The now separate paintings, ‘Portrait of a Dwarf’ and ‘Two Figures’, were once part of the same work
Ukraine-Russia war remains front and centre for Viennacontemporary fair exhibitors
The fair continues to act as a bridge between eastern and western Europe
Prince Sadruddin Aga Khan's collection of Indian and Persian paintings to sell at Christie's for more than £8m
The collection of 95 works, built with his wife Princess Catherine, will be auctioned in London on 28 October
Christie’s expects Elaine Wynn’s collection to bring $75m, while her record-breaking Bacon triptych goes to Lacma
Wynn, who died in April, owned trophy works by Lucian Freud, Richard Diebenkorn, Joan Mitchell and others
Christie’s shuts down pioneering digital art department
With the NFT market still a fraction of its recent heights, the auction house has reportedly let go of key staffers
Despite external chaos, Frieze Seoul soldiers on
The fair's fourth edition sees its increasingly regional collecting base more subdued—but decent top-end sales and strong institutional presence maintain its position as one of Asia's leading market moments
Independent 20th Century fair will move to Sotheby’s Breuer Building in 2026
The move will allow the fair to grow significantly, from around 30 exhibitors to around 50
New York's Art on Paper fair draws a fuzzy line between its titular medium and everything else
The 11th edition of the paper-focused fair explores the innumerable ways that the material can be used as a vehicle of expression—with some paintings and ceramics for good measure