Art market

May 2009archive

Chicago's industrialist benefactors built the city’s art collections—but can today’s patrons maintain them?

So far the next generation have yet to replicate their parents’ efforts on the same scale

From the archive | A 2009 studio visit with the king of the one-liner Frank Stella in the fallout from the global financial crash

The artist reveals that his cavernous upstate New York studio includes a Formula 1 racing car that had "drifted in", and is packed with art following the recent cancellation of two exhibitions in Europe: "It's not good"

Francis Bacon, Man in Blue VI, 1954

(est £4m-£6m), the work remains unsold

Art fairsarchive

Financial crisis scuppers Moscow World Fine Art Fair

Exhibitors fear that collectors will no longer make high-price purchases

Park West sued by customers who demand refunds for "fake" works

The gallery dismisses the suit as a “smear campaign”

Art marketarchive

Buyer of Warhol’s Green Car Crash revealed?

The large-scale “disaster painting” is the most expensive Andy Warhol ever to sell at auction

Tomlin says ta-ta to Rauschenberg

The long time friend and collector of Rauschenberg has seven up for sale

Opinionarchive

Tough times in the art market may create new opportunities

The current drop in activity may be healthy for the sustainability of the future art market

Difficult timing for autumn fairs in New York as financial crisis hits home

Allegations of “fake” antiques further undermine confidence

Art marketarchive

Warhol Foundation cast doubt on claims that artist worked with Warhol

UK auctioneer says Pietro Psaier worked in The Factory and died in the 2004 tsunami; his body has never been found

Art marketarchive

Diamond skull will go to auction if it fails to sell, says Damien Hirst

"A number of interested individuals are looking to purchase the skull at its full price of $100m"

Immendorff: copies, fakes or authorised reproductions?

Michael Werner, his dealer for 30 years, says “everything was out of control” before the artist died

Messe Schweiz, parent company of Art Basel, to run Miami Beach Convention Centre

Critics question their priorities, one city commissioner calling their plan to manage the venue “like the fox in the henhouse”

Phillipsarchive

Contemporary sales, London: Phillips struggles in bid to lead auction week

But Bacon brings profitable business to Christie’s and Sotheby’s

Art marketarchive

The Art Newspaper discusses the fine line between curating and promoting

It is almost impossible for a museum to mount a contemporary exhibition without the involvement of the artist's dealer

Francis Bacon claims his place at the top of the market

As Tate Britain opens a major travelling retrospective, we examine the factors underpinning the meteoric rise in prices for the artist’s work and reveal the identity of his biggest collectors

Art fairsarchive

Mixed results for Basel’s satellite fairs

Has collectors' passion for Basel's protégés cooled?

Art marketarchive

British Art Auction report: The Bacon and Freud effect

Recent record prices for the two artists boosted results for 20th-century British works, while Victorian art struggled

Art Baselarchive

Roman Abramovich keeps spirits high and dealers rely on old favourites: Art Basel 2008

While the known and bankable sold at a steady rate, Abramovich was the name on everybody's lips

Diversityarchive

Feminist art cracks the market’s glass ceiling

Historical trends of male art selling for more are being challenged

Roman Abramovich brings Basel '08 to life with surprise appearance

Chelsea FC owner joins Brad Pitt and Sheikh Saud Al-Thani at vernissage