Art market
Verse, NFT platform with a former Tate curator in its corner, hopes to bring order to the digital art market
The site's first selling exhibition, a collaboration with 12 leading artists and curators, hopes to bring trusted sources to the mad world of Web3 collecting
Has the NFT art bubble finally burst? Not yet, new data suggests
NFT sales have dropped by 92% since last September, but analysts detect subtle evolutions in the blockchain market
Why did Van Gogh fail to sell his work?
Although his paintings now fetch millions, during his lifetime he perhaps ended up pricing them too high
Seeing double: Andreas Gursky’s new and recent works show at mega-galleries on both sides of the Atlantic
The large-scale pictures, which recall both 19th century landscape painting and mid-20th century abstraction, comment on the very real effects humans have on the environment
Riopelle outshines Motherwell at Canadian auction house Heffel’s major spring sales
The auctions also saw major results for Alex Colville and Emily Carr, and a new auction record for Rita Letendre
Frieze Los Angeles takes off from Beverly Hills locale, will land at Santa Monica Airport for 2023 edition
The fair’s third location since its founding in 2019 will include more space for food vendors and other external activities
C’est officiel: Hauser & Wirth will open a space in Paris next year
Located in a townhouse near the Champs-Élysées, this will be the mega gallery’s 16th location worldwide
Egyptian antiquities connected to international trafficking ring seized from Metropolitan Museum in New York
Five objects worth more than €3m have been confiscated by authorities as part of a wide-ranging global investigation involving former Louvre director Jean-Luc Martinez
What does New York’s abrupt winding back of auction house regulations mean for the art market?
The houses say they will not change their practices, but the move could mean more opaque bidding and guarantees
A pared down Art Basel in Hong Kong is saved by remote sales and a heightened focus on Asian art
Travel restrictions continue to prevent the physical presence of many international exhibitors at the fair, with 75 galleries opting for satellite booths
NFTs are accelerating the pace of art crime—here's how digital sleuths are sharpening their tools to fight wrongdoers online
Lawmakers must now contend with a new era of discord channels, smart contracts and open-source intelligence to combat cyber criminals
UK to investigate Sotheby's owner Patrick Drahi's stake in telecommunications giant BT amid national security concerns
The French-Israeli billionaire is the majority shareholder in BT through his firm Altice
Can Ernie Barnes score again? A sale at Bonhams may hold the answer
After his record-shattering sale at Christies in May and the announcement of gallery representation, can Ernie Barnes hold on to the momentum?
Georgian galleries unite for first Tbilisi Gallery Weekend in support of Ukraine
Commercial spaces will exhibit and sell works made by artists during Russia’s invasion
Sale of William Barak works breaches 'Aboriginal cultural lore', says Australian Wurundjeri elder
The Wurundjeri Corporation hopes to crowdfund $175,000 to secure the return of the pieces, which are being sold by the De Pury family at Sotheby’s New York
Dealer Inigo Philbrick sentenced to seven years in prison
Philbrick pleaded guilty to an $86m fraud in November in one of the art world's highest-profile criminal lawsuits in decades
Art Basel remains optimistic about Hong Kong fair
In the wake of the latest Covid-19 outbreak, the postponed fair has enhanced last year’s hybrid model
Frieze Week in New York: mammoth auction sales and a shifting art fair landscape
Plus, the Albers Foundation plans a Senegal space, and a golden Indian manuscript at the British Library
Advisory group Gurr Johns launches art lending arm
The art lending market has tripled in size in eight years and is now worth more than $24bn
Phillips racks up a record $225m in New York—with Basquiat alone bringing in $85m
Women accounted for nearly half of the lots, led by Yayoi Kusama and her early Infinity Net paining which sold for a record $10.5m
Sotheby’s Modern art evening sale in New York brings in over $408m, the third-highest total for a sale at the auction house
Despite a hefty number of lots, the sale flew by and was peppered with memorable moments, auction records and Oliver Barker’s tireless showmanship
Experts fear New York City slashing auction house regulations could erode collector trust and confidence
As the city council cuts auction regulations, the houses say they will not change their practices, but the prospect of more opaque bidding and guarantees may prove irresistible
Works by women will set the pace in Sotheby’s ultra-contemporary New York evening sale
Nearly 60% of the works in the auction house’s ‘The Now’ sale are by women artists, though they are still in the minority by value
Against all odds, Hong Kong’s gallery scene is on the up
Amid a crackdown on dissent, and the havoc wreaked by the pandemic, Hong Kong’s galleries have not just survived but thrived, with several new openings
Macklowe trove becomes most valuable collection ever sold at auction after second Sotheby's sale tallies $246.1m
Combined with the $676.1m take from the first sale in November 2021, the 65 works from the Macklowe collection brought in a staggering $922.2m
David Zwirner doubles down on competition with auction houses, launching online consignments portal
The new initiative marks an expansion of the gallery’s secondary market business
Nefarious art world players: after Russian freeze out, will Saudi Arabia or China be next?
For decades Russian billionaires were feted for their free spending on the arts. Now, they are officially personae non gratae. But what of the other individuals and regimes with dubious reputations?
Christie’s evening sales total $831.3m, with Texan poker player’s surprise bidding spree upstaging blue-chip successes
On a night when many works outpaced expectations in Christie's New York saleroom, Ernie Barnes’s “The Sugar Shack” sold for more than 76 times its high estimate
Happy Dalí Day! Hawaiian gallery announces discovery of long-lost wax sculpture on anniversary of Surrealist’s birth
Lost Wax, now valued between $10m and $20m, was stored in a private vault for four decades