Art market

Art marketanalysis

How do you place a price tag on art in an age of perpetual crisis?

Figures are going beserk for work that looks good on Instagram—but the market struggles to find the same fervour for conceptually ambitious, politically engaged art

German dealer Johann König responds to allegations of ‘sexual misconduct’ from ten women

Claims were first published by Die Zeit newspaper, but König says the report is “false and misleading”

Korean legacy collector Jason Haam became a dealer 'to make money'—now he's 'in it for the art'

His eponymous Seoul gallery has opened Urs Fischer's first solo show in South Korea

Collectors throng Kiaf and Frieze as Seoul stakes its claim as an art market hub

Buyers from Korea and elsewhere in Asia were out in full force during the fairs’ previews, packing the stands of mega-galleries and local dealers alike

NFTnews

Washington becomes first US state to tax NFTs

Although taxing non-fungible tokens is tricky because of uncertainty over where they are sourced, other states look set to follow Washington’s lead

French art dealer Didier Wormser stands trial for trafficking looted Egyptian antiquities

Owner of L’Etoile d’Ishtar gallery said artefacts from Saqqara necropolis “should be restituted to Egypt” but insists he purchased them in good faith

Banksy mural, and the Los Angeles building he painted it on, head to auction

The iconic mural of a girl on a swing, and the storied building on which it was painted, are expected to bring between $16m and $30m

Which East Asian city will become the region's next market hub?

While Seoul is now the main contender to take Hong Kong's prime position, Tokyo and Taipei also present attractive prospects for the art trade

‘We are stepping out and owning the space’: Santa Fe Indian Market’s centennial comes at a pivotal moment for Indigenous artists

The Southwest Association of American Indian Art is laying critical groundwork to serve Native and Indigenous artists now and into the 22nd century

New York Attorney General's investigation into Sotheby's alleged tax fraud widens

Letitia James's office is seeking information on more than 50 collectors related to a 2020 lawsuit against the auction house

Art marketanalysis

Four things every dealer should know about the Korean art market before going to Frieze Seoul

From hidden taxes to auction house competition, here are some of the unique facets of South Korea's art scene

Art marketpreview

From a Niki de Saint Phalle fountain to a splashy David Hockney print: our pick of the highlights from September's sales

Plus, a Pre-Raphaelite treasure, an iconic James Bond poster and a set of nine intricately inlaid panels

Seoul's art market ascent reaches new high with first Frieze fair

The South Korean capital cements its position as a key art centre as Frieze opens its inaugural edition alongside local player Kiaf, together hosting more than 300 galleries

Joseph Hotung's vast collection heads to auction, including Degas's wedding gift portrait to Eugène Manet and Berthe Morisot

Sotheby's will offer Chinese antiquities and Impressionist portraits amassed by the scion of one of Hong Kong's richest families

SP-Arte launches art fair focused on regional artists

The first edition of Rotas Brasileiras features artists working outside of traditional art centres like São Paulo and Rio de Janeiro

Microsoft mogul Paul Allen’s art collection heads to Christie’s and could be first to hit $1bn

The auction in November includes prized works from Paul Cezanne and Jasper Johns

Real Housewives of Beverly Hills star Erika Jayne and estranged husband Tom Girardi’s art collection up for sale in court-ordered auction

Works by Miro, Hockney and Glenna Goodacre are among those being sold to pay off creditors as couple face allegations of embezzlement

Australian art dealer goes on the run after allegedly ripping off emerging artists

The art dealer Tristian Koenig is accused of selling works by emerging artists and making off with the profits

Perrotin gambles on Las Vegas art market with new store at the Bellagio

The global blue-chip dealer Emmanuel Perrotin says “art is everyone”

Biden appoints archaeologists, museum leaders and Acquavella Galleries director to US committee advising on imports of cultural property

The Cultural Property Advisory Committee guides the US Department of State on import restrictions for artefacts and emergency actions related to cultural property

Radiant Baby that Keith Haring drew on his childhood bedroom wall heads to auction

The work narrowly escaped being lost forever at the hands of a paint-happy homeowner who “didn’t think it was particularly interesting”

Art marketpreview

How Copenhagen's Chart fair helped transform Scandinavia's conservative contemporary art scene

As the fair celebrates a decade, its director discusses how its future lies in remaining regional and activating the Danish capital

Canadanews

Canada moves toward adopting artist's resale rights law

The move would be especially significant for First Nations artists, who make up an enormous share of Canada’s art market but rarely earn more than subsistence income from sales

'A logistical nightmare': how deteriorating India-Pakistan relations affect the South Asian art trade

From smuggled paintings to cancelled visas, the heads of the subcontinent's fairs, biennials and galleries weigh in on the ramifications of the contested border

Hauser & Wirth couple buy up Groucho private club in London—complete with 150-strong art collection

Works by Peter Blake, Gavin Turk and Tracey Emin are dotted around the Dean Street premises

Chasing a booming East Asian art market, shipping company Crozier expands in Hong Kong

Organisation's chief still sees Hong Kong as "primary gateway to region" despite Beijing crackdown causing jitters for businesses

Art marketanalysis

Influencers and antiques? How a new generation is transforming the market

In a post-Covid world, tech-savvy collectors continue to disrupt the old model of in-person trading

Expo Chicago picks Americas Society and Macba curators to organise fair's special sections in 2023

Museu d'art contemporani de Barcelona curator Claudia Segura and Americas Society director Aimé Iglesias Lukin will oversee the fair’s large-scale art and emerging gallery programmes, respectively

First edition of Design Miami Paris fair postponed after police cite ‘security problems’ with venue

The event was to be held at the Place de la Concorde in October to coincide with the inaugural Paris+ par Art Basel