Art market
The Gray Market: Why contemporary dealers and collectors are monitoring an antitrust lawsuit over Birkin bags
Hermès's alleged sale strategy for the in-demand bags parallels dealers' waiting list policies, but legal experts are sceptical of the lawsuit's merits
Monet painting jointly owned by Nelson-Atkins Museum and donor’s descendents will be sold at auction
The museum's share of proceeds—estimated at up to $25m by Christie's—will go toward establishing an endowment fund for new acquisitions
Asia Week New York brings in more than $100m in sales, a 24% drop from 2023
The 15th edition of the event, which spans auction sales and gallery exhibitions, was impacted by slowdown in China’s economy
Robert Alice breaks new ground with auction of generative art NFTs on Christie's 3.0
Auction house sees maturing of market since the heady days of 2021 as works by the digital art pioneer are sold in combination with launch of their catalogue raisonné-like historical survey "On NFTs"
Painting from Warhol and Basquiat’s notorious collaboration could fetch $18m at Sotheby’s this May
The monumental canvas is expected to reset the record price at auction for any work from the series
Brazilian galleries Jaqueline Martins and Sé merge to form Martins&Montero
The new joint venture will operate in São Paulo and Brussels, opening with solo shows of 2024 Venice Biennale artist Jota Mombaça
Inigo Philbrick, art dealer who went to prison for fraud, is free
In 2022, Philbrick was sentenced to seven years in prison after pleading guilty to an $86m fraud
From long-lost portrait by Gustav Klimt to a painting by the ‘Persian Picasso’: our pick of the April sales
Plus, a mid-career painting by African American artist Hughie Lee-Smith
As Art Basel Hong Kong gets off to brisk start, young buyers make their presence known
Predominance of new generation reflects an emerging trend across Asia
'Queer people may soon be forgotten if their estates are not properly cared for': Patrick Sun on his philosophy for collecting
The pioneering patron of LGBTQ+ art in Asia discusses the importance of preserving community legacies and shares his favourite Hong Kong eateries
New Hong Kong: how the city aims to stay a global art hub
The SAR is riding out economic and political challenges with more buyers, bigger galleries and serious art
James Fuentes staying true to downtown roots at new Tribeca headquarters
After 17 years on the Lower East Side, the New York gallerist holds forth on his move to “the middle of the conversation”
Will Rybolovlev’s courtroom loss be the art market’s gain?
Experts predict few operational changes after Sotheby’s wins fraud trial
From museum to market in two years: Francis Bacon lover portrait to be auctioned in New York for $30m to $50m
A highlight of Sotheby's May evening sales, Bacon's first full-scale painting of George Dyer was exhibited at the Royal Academy of Arts in 2022
Executive director Nicole Berry leaving The Armory Show for senior development role at Los Angeles's Hammer Museum
Frieze's search to replace Berry, who has led The Armory Show since 2017, is already underway
UK government pledges to cut red tape around art imports
Customs processes to be streamlined to boost the domestic art market and simplify the importing of art and antiques in the wake of Brexit
Is the art trade choosing to ignore a wider world in crisis?
Amid threats to freedom, career moves and censorship become hard to tell apart
New book reveals how art dealer Léonce Rosenberg trod the line between salesman and Modern art's great champion
He declared the auction to be art’s true benchmark, but Rosenberg was also a committed promoter of the avant-garde
Art trade figures voice major concerns over new EU import licensing regulations
The restrictions will focus on imports of non-European cultural property
Keith Piper on tackling Tate Britain’s racist Whistler mural
Plus, the top takeaways from the new Art Basel/UBS report and a weaving by Anni Albers
It’s time to end the predatory practices of 'sleeper hunters'
Sleeper hunter dealers must recognise they have an asymmetrical relationship to vulnerable people pressured by circumstance to sell off their treasured heirlooms
Global art market value fell by 4% in 2023 amid ‘inflation and wars’, Art Basel/UBS report finds
Last year saw a drop in sales of ultra high-value works but an increase in trading volume
Focus, not faff: considered adjustments prove welcome at TEFAF Maastricht
A shorter runtime, a new Focus section and outreach to young buyers show promise as a way forward for the venerable Dutch fair
The Gray Market: Anyone wrestling with money's influence on art has 800 years of company
A show at the Morgan Library & Museum traces the modern economy's emergence in the Middle Ages—and how it influenced art from the start
An explosive cocktail of desire and betrayal in a novel set in the 1990s London art world
This entertaining satire combines liberal quantities of sex, violence, money and drugs with the Britart scene
After two years of tremendous growth, France's art auction market is in decline
Overall auction results are strong—largely thanks to rise of second hand car purchases—but sales of fine art and antiques have fallen significantly from last year
Christie’s marathon evening sales in London make a within-estimate £163m
The 20th/21st century and Art of the Surreal auctions were up 18.5% by value on their March 2023 versions
Phillips’s evening sale of 20th-century and contemporary art in London comes up short, despite healthy mid-level bidding
The 27-lot sale brought in £10.9m without fees after three works were pulled and another three failed to sell
Tefaf’s new Focus stands aim to be more than just another ‘special’ section
Made up of ten main fair exhibitors doing double duty, the section offers the space to experiment.
Sotheby’s Modern and contemporary evening sale in London makes 40% less than last year
The auction house made £82m before fees and set records for Etel Adnan and Takako Yamaguchi