Art market

Three quarters of new collectors buy art online for investment, study finds

But buyers are not risking large sums, with the majority of works still priced below £10,000

Andy Warhol's Mona Lisa sells for more than $4m at Art Cologne

New three-floor layout revived the German fair this year<br>

Sweet smell of success for reborn Art Cologne

German galleries, especially those from Berlin, are flocking to the revitalised fair this week<br>

Designs on Hong Kong

The Miami-born fair plans to keep pace with Art Basel

Notebook owned by the father of computer science to be auctioned

The journal that Alan Turing used to jot down his thoughts on a universal language was later turned into a dream diary by one of his student

Africa is the new China, so it must be time for a dedicated art fund

Its founders want to raise $40m and plan to support the continent’s museums

Chinese billionaire’s buying spree continues unabated

Liu Yiqian bought a Song Dynasty <i>guan</i> vase for $14.7m at Sotheby’s Hong Kong this week

Slow start for fledgling Paris fair

Paris Beaux-Arts’s first edition was handicapped by awkward timing and a vague concept

Gallery pulls out of Lima fair in protest against mayor’s ‘attacks against freedom of expression’

<h5>Event organisers end sponsorship agreement with city officials after complaints from arts community, but “damage is done” Andrea Ferrero says</h5>

Time to find Hong Kong’s artists on their home turf

Local works will be prominent at Art Basel and the new Art Central satellite fair

House move for the 30-year museums man

Former Barnes boss Gillman signs up for Christie’s

Taxarchive

Will Obama’s ‘middle-class economics’ hit inherited art?

Proposed tax reforms could make the rich feel less well-off—and less likely to spend on art

Art marketarchive

Colombian art scene rebounds after civil war

Western dealers and curators look to the South

March 2015archive

Regulation guidelines are an ‘impossible dream’

Some think the trade was more concerned about the risk of losing sales than its reputation, observed our editor-at-large in 2015

Art marketarchive

New York family at war in legal dispute over sale of multi-million-dollar Reinhardt

Court told that abstract work said to be of “no value” was resold for up to $10m just months later at Art Basel

Art marketarchive

Art Deco, classic cars and tribal art drive sales in France but growth remains sluggish

Single-owner consignments and a €13.5m portrait by Modigliani help Sotheby’s emerge ahead of its rivals in a stagnating market

Comment: it’s the economy, stupid—and the art market is no longer immune to its vicissitudes

While the 2008 global financial meltdown largely failed to dent sales, in 2015 our editor-at-large warned that the falling oil price experienced at the time could prove much more serious

Trust no one: victory for Gagosian in two-year case

Court concludes that dealers’ statements of value are legally meaningless

Art marketarchive

Recognising Taiwan as a major player in the contemporary art market

Taiwan has more major buyers than its neighbour China, with more than 1,000 voracious collectors

Newsarchive

China Guardian head sounds warning note on sales and fraud

Hu Yanyan says that results will still be “healthy”

Art marketarchive

Auction results: Twombly triumphs as one Warhol wobbles

While Sotheby's struggled with Little Electric Chair, Christie's had no such problems

Art marketarchive

Arts scene in downtown Los Angeles grows

Galleries, not developers, are driving the creation of new arts neighbourhoods in the city

Art marketarchive

Anger at casino Warhol sale

The works are being sold by Westdeutsche Spielbanken to raise funds for restructuring

Serra exercises no-ties deal for Zwirner show

Richard Serra's new sculpture exhibition bypasses Gagosian

Art marketarchive

Frieze launches charm offensive to tempt China, with Fiac not far behind

Frieze welcomes UK’s new visa rules for visitors as event’s co-founder prepares to “increase the dialogue” with Chinese artists and galleries

Art marketarchive

Japanese art finally finds favour in London

Contemporary Japanese artists have struggled for recognition in the capital, but that could be changing