Art market
Lauder pays $135m for Bloch-Bauer Klimt
The painting will go to the Neue Galerie
Christie’s hails success of “first” Middle East sale
Sales in Dubai almost doubled expectations, and the majority of buyers were new (just don’t mention the Tel Aviv saleroom)
Renewed interest in American art marks the beginning of the so-called 'American Renaissance'
Galleries across the world are featuring growing numbers of pieces by American artists
Volta's success continues with a strong performance on the first day of its second edition
Business is brisk but while the fair’s change of location allowed much needed expansion it leaves collectors hot and bothered
“There is so much money in the market now that... price seems to be irrelevant”
Oil-rich private collectors are dominating the salerooms and pushing aside dealers and investment funds
Art consultant Philippe Segalot reveals his views on the market and which contemporary artists he thinks will stand the test of time
In the second extract from Adam Lindemann’s Collecting Contemporary, we learn that the most committed collectors also make the most money
The posthumous rise of Martin Kippenberger
The German artist’s work has become a favourite among curators and collectors—but only since his death a decade ago
Opening report on Art Basel shows a strong start and an increase in jet-set collectors
Trends from the fair's first day indicate the importance of the European market
Mexico's MACO remains a modest fair but draws major dealers
Exhibitor numbers are up 50%, with a few big names such as Hauser & Wirth
Serial faker, Vilas Likhite found guilty in Los Angeles
More bogus paintings are still out there, says LAPD
How the entire British art world was duped by a fake Egyptian statue
The British Museum, Christie’s, the National Art Collections Fund and the Inland Revenue, among others, were all fooled
Asia week: Fakes overshadow contemporary Indian sales
Sotheby’s and Christie’s did well but concerns are growing about the scarcity of top end buyers
The rich list: More than 100 people join global list of billionaires
Many are major art collectors and philanthropists
Going...going...is the traditional antique gallery dying?
Dealers race to sell stock at auction as buying tastes change
Damien Hirst conquers Mexico: the biggest collectors in the country are lining up to buy new work by the British artist
Other pieces, including a new version of the shark in a tank, have sold to Korea and the US
Fake art: “Criminality in the Russian art market has reached alarming levels”
Tretyakov curator speaks out and admits being taken in by forgers
Small fairs around the Armory show attract major collectors
Five satellite fairs keep up the pace
New documentary challenging the gatekeepers of Warhol’s legacy
Alan Yentob shines a revealing light on the secretive world of the Warhol Authentication Board
British collector David Roberts scoops Keith Coventry show
Property developer spends almost £100,000
Crafts fair relaunched to coincide with Frieze
The Crafts Council will be hosting the yet unnamed crafts fair at Somerset House
Tribunal rules in favour of disclosing price of Conrad Shawcross piece
After initially refusing , the true price was eventually disclosed
Removing French trade barriers still leaves London auction houses with upper hand
Five years ago, France finally allowed outsiders to hold auctions in the country by ending the 400-year-old monopoly of state-appointed auctioneers
C.I. Kim to open New York gallery, following spaces in Beijing and South Korea
The Korean collector is being compared to Charles Saatchi
Parisian auction results buoyed by decorative arts
Most auctioneers reported increased sales in 2005
Warring New York dealers guilty of tax evasion
Court orders Helen Fioratti and James Sansum to repay huge sums
Impressionist art: unknown Russian buys $95m Picasso
New buyer beat established collectors at Sotheby’s impressionist and modern art sales in New York
November auctions of Important British Pictures failed to stir collectors leaving slew of unsold lots
Collectors shunned many 18th- and 19th-century works
Debt and legal troubles force Berry-Hill Galleries to file for bankruptcy
Christie’s is owed $14 million and there are over 100 other creditors
Russian billionaires are spending hundreds of millions of dollars on art. None of them has spoken to the press about what drives their collecting—until now
Russian collector Pyotr Aven shows his hand
Success in China for Christie's following inaugural sale of modern and contemporary art
Auction report; 3rd November 2005