Art market

Art Basel forced to postpone Hong Kong fair until May due to rising Covid cases

Originally planned for March, it will now take place less than three weeks before the Swiss fair's flagship event in Basel

Art marketfeature

Jewish icons or anti-Semitic memorabilia? The growing market for Nazi-era artefacts—and the Israeli collectors buying them

On the occasion of International Holocaust Remembrance Day, we spoke with Eyal Ilya, owner of Pentagon Auction House in Israel, about the trend for Second World War artefacts

Late Botticelli painting sputters at Sotheby’s Old Masters auction in New York, selling for $45.4m

The star lot of the sale, a rediscovered and austere portrait of Christ, hammered just below its estimate

Art marketfeature

Edel Assanti launches new London gallery in former Fitzrovia haberdashery

Gallery co-founders Jeremy Epstein and Charlie Fellowes discuss renovating the Grade II-listed Arts and Crafts building which opens this week with a show of new work by Noémie Goudal

Lucian Freud's portrait of muse and fellow artist Janey Longman to be auctioned for first time with £15m price tag

Painting, acquired by private British collector “from the easel” in 1987, will be sold at Christie's in London in March

War of the fairs: Art Basel owner kicks Fiac out of Grand Palais in Paris

The French cultural body RMN put Fiac's October slot up for tender last year—now the Swiss firm MCH will launch a contemporary art fair, paying €10.6m for a seven-year contract

NFTnews

A French surgeon tried to sell an X-ray of a former patient’s bullet wound from the Bataclan attack as an NFT

The patient survived the November 2015 Islamic State attack on the Bataclan concert hall in Paris, but never gave permission for the image of her wound to be sold

'Business is good and I need more space': Ben Brown opens pop-up gallery in London with Vik Muniz show

The Mayfair-based dealer has taken the space on Grosvenor Street until the end of May, but might extend

Louvre teams up with Sotheby’s to investigate provenance of works bought during the Second World War

The auction house will help the Parisian institution research the history of items purchased between 1933 and 1945, which "may lead to restitutions"

San Francisco’s Fog art fair returns with rapid sales of tangible works and rising interest in the digital

The fair, which was canceled in 2021 due to Covid-19, has seen strong participation from local galleries and collectors, as well as institutions

Van Ham auction house to sell inventory of insolvent Galerie Michael Schultz

Schultz, who died last month, was arrested in 2019 on suspicion he cheated customers

Pace will launch a project space in Tribeca, with founder Arne Glimcher at the helm

“Gallery 125 Newbury is about expanding my own story...about going full circle, back to the little gallery I once had,” Glimcher said of the new space in Manhattan's booming art district

Art Basel Hong Kong hedges bets for March fair with Covid-contingency plan in May

Well over half the galleries participating in the fair are opting for satellite booths as travel restrictions continue to disrupt large-scale events

Could it be magic? Singer Robbie Williams to auction three Banksy works worth more than £10m at Sotheby’s

Former Take That star acquired the works directly from the artist’s studio in the mid-2000s

Ruth Bader Ginsburg’s personal library for sale at Bonhams

The sale traces her intellectual development from a law student and avid reader to one of the most recognizable justices on the Supreme Court.

Long walk to nowhere: auction of items owned by Nelson Mandela cancelled due to brewing dispute in South Africa

Proceeds from the sale were meant to fund a memorial garden and museum around the freedom fighter’s burial site

Hectic June awaits: Tefaf Maastricht announces new fair dates (right after Art Basel)

The Dutch art and antiques fair was forced to postpone its March event due to continuing Covid-19 restrictions, but will now run from 25 to 30 June

1-54 cancels 2022 edition of Marrakech fair due to global surge of Omicron variant

The fair, which focuses on African contemporary art, will be replaced by a smaller event in Paris

For the first time ever, a Korean museum is selling off 'national treasures' at auction

Two bronze Buddha statues are likely to make records for cultural artefacts at auction in Korea

Banksy mural 'gifted' to East Anglia town has been sold to private buyer after being removed by the owners

The mural was one of ten works peppered across English seaside towns and could have been street artist's way of raising the area’s profile

As the direct-to-consumer model for selling art gains ground, where does it leave traditional dealers?

As peer-to-peer trading disrupts the market, bricks-and-mortar galleries must reconsider what they offer collectors

The Year Ahead: the best exhibitions to look forward to in 2022

Plus, who will be the art market’s winners and losers?

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Sotheby’s reportedly selects Goldman Sachs Group and Morgan Stanley to pursue IPO at around $5bn

The auction house, which had been publicly traded for decades before being bought by Patrick Drahi for $3.7bn in 2019, could return to public trading later this year

Victoria Siddall makes 'difficult decision' to leave Frieze

Siddall, the global director of Frieze fairs, has been at the firm for 18 years. She will leave after the Los Angeles event this February but remain on the board

The socialite collectors, the $700,000 Cecily Brown painting and the first-refusal contract—lawsuit reveals secret machinations of the art world

Chinese collector Michael Xufu Huang was covertly buying works on behalf of the Monaco-based Federico Castro Debernardi for a 10% commission. But then he got stung

London Gallery Weekend announces 2022 dates and a new focus on UK regional museums

Last year's inaugural edition saw 140 galleries take part in the city-wide event

Sicilian castle from The Godfather movie is up for sale for €6m—but what about the extensive art collection it was built for?

Baron Pennisi commissioned the neo-Gothic villa, which includes a private chapel with frescoes by Giuseppe Sciuti, at the end of the 19th century

This £45m Magritte painting could double artist's previous record

The monumental L’empire des lumières, painted in 1961 for the artist's muse Anne-Marie Gillion Crowet, has never been sold before but will now be auctioned at Sotheby's in London in March

'Cancelled' Madonna and Child found beneath Botticelli's $40m Man of Sorrows

Infrared images of the painting, which is due to be sold at Sotheby's in New York later this month, show that an earlier composition lies underneath