Art market

Art marketarchive

Insurance for war loot claims on the rise

Increasing numbers of private collectors, dealers, museums, and banks have been buying policies to protect their assets

Modigliani scholar faces trial for fraud

Christian Parisot is accused of faking drawings by the artist’s lover Jeanne Hébuterne

Art marketarchive

Ukrainian artists lead the day at Kiev auction

Yet secrecy over values remained a priority at the Art Kapital auction

Art Basel Miami Beach '07 fair report: Edition is strongest yet, despite financial turmoil

Most of the buyers were American private collectors and large-scale installation works were popular

Art marketarchive

The auction houses are distorting our understanding of Chinese art

Chinese auction house data deemed unreliable and misleading as not all artists have made it to the salesroom yet

Russiaarchive

Russian government publishes first volume cataloguing fakes in the market

Russia’s Federal Cultural Heritage Protection Agency is set to publish the first volume of a catalogue of Russian paintings known to be fake

Design Miami plans global expansion

The fair, now backed by Art Basel’s owners, targets China

Dave Hickey: 'If you want to be an icon of virtue, this is the moment because you’ll stand out'

The outspoken cultural critic and art historian shared his thoughts on the market during a talk at Frieze art fair in 2007—here is the transcript

Mortgage crisis and resulting stock market plunge be damned—the party isn’t over yet

In 2007 we noted that strong sales at auction and fairs and more money coming from Russia, Indian and Chinese collectors indicated that confidence in art remained strong

Art Baselarchive

UBS to continue Art Basel sponsorship

In the throes of crisis, bank states that it will not withdraw its agreement to support Art Basel

Banksyarchive

Banksy's publishers give contradictory statements over eBay print fraud

Pictures on Walls have released three statements, both admitting to and denying covert sales of undocumented copies online

Art marketarchive

Chinese buyers thin on the ground at first Shanghai art fair: ShContemporary in review

Nevertheless, dealers predict this will change as excitement surrounds international event

Revealed: the eBay Banksy print fraud

Unauthorised works by the anonymous graffiti artist have been sold on the internet; prices for these have been illegally inflated with fake bids

Portrait of Bacon’s lover to be auctioned

Isabel Rawsthorne diptych on the block at Sotheby's

RCA to sell Bacon as part of fundraising campaign

Proceeds will go towards new campus in Battersea

Art fairsarchive

London's British Art Fair, this year a smaller yet still sophisticated affair

The 20th edition drew wealthy local collectors, such as the Duchess of Westminster and Tim Rice, but it remains a niche event

Comment: if the hedge funders ditch art, new buyers will emerge

In 2007 the economist James Sproule examined the risks facing the market—and the good news was it was not all doom and gloom

Art marketarchive

Warhol board faces threat of class action

Movie producer Joe Simon-Whelan sues, believing his work is genuine

July 2007archive

Comment: the problem with a collector-driven market

There is a danger that money will trump knowledge, observed the New York dealer in 2007

Art marketarchive

“Fake” Picasso is warning to make deals formal

Court to rule on payment “held in trust”

Art marketarchive

Trial Warhol prints may be authenticated in alleged policy adjustment for Authentication Board

A source close to the Andy Warhol Authentication Board hints at a change of heart

Iranarchive

A nostalgic journey for the Persian royal family at Art Basel '07

Emotional responses were elicited by Michael Stevenson and Andy Warhol