Art market
The five year warranty on the Salvator Mundi by Leonardo is about to run out—could the buyer have asked for their money back?
Warranties of authenticity offered to buyers can be hard to enforce when auctioneers can fall back on the “generally accepted opinion of scholars and experts”
Covid fears shut Shanghai's West Bund Art & Design fair early
Decision came one day after authorities dramatically closed Art021 fair over a single positive case
Why the global explosion of billionaires will keep auction houses afloat—for now
Record-breaking sales from the collections of Microsoft founder Paul G. Allen and the acrimoniously divorced Macklowes herald the start of a 20-year bonanza for auction houses
Shanghai's Art021 fair closes after just one day, apparently due to a single positive Covid-19 case
Event's founders says the decision was made to "effectively protect the health and public health safety of the exhibitors"
Cache of leaked documents reveal Sotheby's owner Patrick Drahi’s $750m art collection—and his tax affairs
Billionaire businessman has amassed a treasure trove of more than 200 prime works of art, many bought through his auction house
A Van Gogh record: landscape of orchard with cypresses soars to $117m at Paul Allen auction
Previous top price was $82m for a portrait of Dr Gachet
France's answer to Tefaf? Inaugural Fine Arts Paris & La Biennale stakes its long-term ambitions
While sales weren't spectacular, dealers were overwhelmingly positive as to the future of the fair, and its potential for further growth
LVMH and Gagosian: why the rumour of a buy out makes sense, even if it isn’t true
A shared client base, product exclusivity and international reach—just some of the reasons why these two brands are perfect bed fellows
Microsoft co-founder Paul Allen's collection brings record-smashing $1.5bn at Christie's evening sale in New York
A $149.2m Seurat studio scene and $137.7m Cézanne landscape led the 60-lot, white glove sale
UK government launches inquiry into risks posed by NFT market and crypto
Department for Media, Culture and Sport is asking public for evidence related to the safety of current blockchain regulations
Shanghai looks to West Bund and Art021 fairs for economic boost as fresh lockdowns leave buyers cautious
Week-long hotel quarantines are still required of all international and Hong Kong arrivals to the mainland, deterring all but the most determined dealers
How does the market judge 'juvenile' work by name-brand blue-chip artists? Two early Warhol paintings are about to find out
Offered next week at Phillip's New York, the works were made during Warhol's student days and bear no resemblance to his signature styles
Institutional critique artist Andrea Fraser joins Marian Goodman gallery—her first US commercial representation in more than a decade
For more than 30 years Fraser has used performances to draw attention to power structures within cultural organisations
Five years after #MeToo, what has changed for female artists?
Recently, some major galleries have signed high-profile women, many of whom launched artistic careers long before the industry cared
New York to get major photography fair in September 2023 at Javits Centre
Photofairs New York is the sister event of Photofairs Shanghai, East Asia's largest commercial photography event
Artissima fair in Turin returns with zero Covid restrictions and moderate sales
As with year's previous, work at lower price points does well at Italy's most cutting-edge commercial art event
Art Week Tokyo’s perfectly orchestrated official launch leads some gallerists to ask—do we really need a fair?
As the city attempts to grow its position as a global art hub, some dealers express a preference for gallery-hopping events
Yinka Shonibare's ecological farm residency in Nigeria launches ahead of biggest-ever Art X Lagos fair
A buzzing art week signals sustained investment in West Africa's financial capital
Russian oligarch and art collector creates Bond-style lair on Greek island
Dmitry Rybolovlev’s private island is being transformed into a resort patrolled by snipers—but will it be an "art island"?
London's National Gallery revamp row: is it a sensitive makeover or like 'an airport lounge'?
Plus, contemporary art in Lagos and Chagall's falling angel
Qatari sheikh’s rare ivory mask, stolen from Benin City by the British, is one of five on public display—none in Nigeria
The 16th-century mask was withdrawn from sale at Sotheby’s over a decade ago amid escalating calls for restitution
At the ADAA Art Show, dealers make the case for under-appreciated bodies of work by beloved artists
The fair, which coincides with the Art Dealers Association of America’s 60th anniversary, remains an elegant showcase for under-exposed bodies of work by familiar names, among other discoveries
Crisis, what crisis? Global import and export of art set to hit record levels by the end of 2022, according to Art Basel/UBS report
Demand from collectors remains “extremely resilient”—but survey asks how long can the current model be sustained?
Disgraced antiquities dealer Subhash Kapoor sentenced to ten years in prison by Indian court
The ruling culminates an extensive investigation into a smuggling ring headed by Kapoor
Pakistani artists raise money for its devastating floods—and question which causes garner art world support
Osman Yousefzada and nine others sold specially created prints, but Pakistan’s worst natural disaster in living memory has yet to galvanise the industry
From a restituted Chagall painting to a family portrait by Freud: our pick of the highlights from November's sales
Plus, a bovine Lalanne sculpture and a pair of Chinese vases
Relief for Art Week Tokyo galleries as Japan eases travel restrictions
Second edition comes as Tokyo attempts to regain its lost status as an international art hub amid a booming contemporary market and a forthcoming fair
Painter Loie Hollowell, who is launching an NFT series to support abortion funds, discusses politics, motherhood and her market
The Contractions series, based on the artist's experience giving birth to her daughter, will be sold on the blockchain to help those affected by the overturning of Roe v. Wade
The first mega-gallery for design? Inside Carpenters Workshop’s ambitious expansion
The gallery is planning a major, multivalent location to open in London in the spring of 2023, adding to locations in Paris, New York and Los Angeles
Revealed: When lightning struck, rescuers of Van Gogh's works were rewarded with a drawing
Coming up at Christie’s and estimated at around $4m, the sketch given to neighbours who doused the fire and saved the Van Gogh family home and collection in 1941