Art market

Art fairsanalysis

A 'purposely regional' Taipei Dangdai fair suggests Taiwan's art market is slowly recovering from the pandemic

While Mainland Chinese exhibitors remain sparse due to visa restrictions and political tensions, local collectors came out in force

Stephen Friedman opening New York location in Tribeca

It’s the latest in a long line of galleries to open in the upscale New York neighbourhood

Christie’s kicks off New York’s spring auctions with record-breaking Rousseau

The auction house’s bottom line benefitted from the strong performance of works from the collections of S.I. Newhouse and Paul G. Allen

Gagosian to close its vast Britannia Street gallery in London after two decades

The gallery is instead launching a new public platform for large-scale sculpture in October

Abstraction is ascendant at New York’s Future Fair

The fair, a haven for fresh painting, may signal a coming shift in the market power dynamic between representation and abstraction

Photo Londonanalysis

Photo London's director promises to 'embrace the new'—so why does it look the same?

Now under the directorship of Kamiar Maleki, the UK's largest photography fair returns to Somerset House for its eighth edition

'Not a matter of competition, but natural progression': Pilar Corrias to open new London gallery in Mayfair

The 500 sq m space will replace the Fitzrovia gallery and open this October with an exhibition of work by Christina Quarles

Design dealers set the tone at Tefaf New York

Despite the fair’s small stands in comparison to its Dutch sister fair, gallerists are pairing art with functional design

Art marketpreview

Taipei Dangdai capitalises on dedicated local collectors

The fourth edition of the art fair opens this week with 90 galleries, 70% of which have premises in Asia

Art marketfeature

Auction houses anticipate $2.2bn from New York spring sales despite cooling market

Demand for ultra contemporary works may have eased but there is little sign of a sales slump, say the New York firms

At New York’s Independent fair, opportunities to discover the overlooked and the emerging

The fair’s founder Elizabeth Dee wants to preserve its boutique identity while continuing to fill gaps in recent art history and launching a new print project

Officials in Mexico call on Dutch auction house to halt sale of pre-Columbian artefacts

Some 30 objects in an auction this week are protected by Mexico’s cultural heritage laws, authorities there say

Tefaf brings a blend of eras and materials for its eighth New York edition

The Dutch fair’s smaller North American outpost has an eclectic offering emphasising modern and contemporary art as well as antiquities

KAWS wins nearly $1m in damages in counterfeit lawsuit

Artist Brian Donnelly first filed the lawsuit against Dylan Joy An Leong Yi Zhi in 2021

Former OpenSea employee found guilty in first-ever NFT insider trading trial

Former OpenSea product manager Nathanie Chastain has been convicted of wire fraud and money laundering in a landmark case

Art marketanalysis

Hedge to hedge: a secondary market for third-party auction guarantees is on the rise

There is a growing trend for guarantors to spread their risk by selling off parts of their guarantees—violating auction house rules

The Armory Show lines up more than 225 galleries for fair’s third year at sprawling Javits Center

The fair has grown to be among the largest in the world since it began as a hotel fair in 1994

Time to invest in the art market? New 'stock exchange for art' to launch at the Victoria & Albert Museum this month

Francis Bacon’s triptych Three Studies for a Portrait of George Dyer revealed as the first work to be listed on Artex, starting at around $55m

Art Basel appoints Maike Cruse as fair director

The current head of Gallery Weekend Berlin will start in the newly created role in July and oversee the 2024 fair

Obituariesfeature

Remembering Myriam Ullens, art collector, and philanthropist, who launched the first contemporary art museum in China

Belgian entrepreneur in fashion, food and art, co-founded the Ullens Center for Contemporary Art, in Beijing, with her husband, Guy Ullens

On eve of the coronation, Sotheby's offers document in which Charles II set out his vision for restoration of the British monarchy

"Transformational" signed 1660 copy of The Declaration of Breda leads mixed-category sale featuring manuscripts, royal portraits, medals and memorabilia

New York collector sues his lawyer for allegedly stealing Warhol canvas

The collector, Stuart Pivar, claims he sold the 1977 portrait of himself to his lawyer for $100,000 because he needed cash quickly; he is now suing that lawyer for $10m

‘Duplicative’ or discarded? Whitney's sale of more Hopper works from historic bequest comes under scrutiny

Questions resurface over New York museum’s rationale for consigning works by the artist to auction

Martin Parr to take centre stage at Photo London fair

The documenter of Britain’s quirks is this year’s Master of Photography

Auction Queen: hammer to fall on Freddie Mercury’s art collection at Sotheby’s

More than 1,500 lots, including original lyrics and Victorian paintings, from the rockstar’s London home will be sold in September by former girlfriend and close friend Mary Austin

A fugitive art dealer convicted of selling counterfeit art 14 years ago has been extradited to the US

Angela Catherine Hamblin, who has been hiding out in a small village in Scotland for over a decade, is being extradited to the US

Rare Gustav Klimt lake landscape to make auction debut in New York

The painting is estimated to sell for around $45m next month at Sotheby's

How do US taxpayers value their art collections? With great difficulty

Possible penalties for donors and heirs make the process of determining the value of artworks a high-wire act