Art market

Japan's borders may still be closed, but inaugural Art Week Tokyo aims to open up city's dynamic art scene to outside world (eventually)

The event, featuring 50 of the Japanese capital’s galleries and museums, soft launches this November

Wilhelmina Barns-Graham's collection is up for sale—including the sketch Barbara Hepworth gave her as a wedding present

Works owned by the St Ives artist will be auctioned at Lyon & Turnbull in London tomorrow night

Art marketanalysis

'Local galleries need to wake up, learn to compete with the real deal': what Seoul's galleries think of the influx of international dealers

With a rash of blue-chip gallery openings, and a new Frieze fair, the South Korean capital’s star is on the rise

Rock Legend Alice Cooper is selling the Warhol he forgot he owned—then found in his garage

The 1964 Little Electric Chair silkscreen will be auctioned in Arizona and is expected to make up to $4.5m.

Putting 'trust' back into the art market: South Asian group show inaugurates unusual Mayfair gallery

Exhibition Hawala is the first show at Paradise Row Projects, a one-year, not-for-profit commercial space in London

Is Paris really taking London’s art crown?

Plus, Marlene Dumas at the Musée d'Orsay and Christian Boltanksi remembered

Hosted by Ben Luke. with guest speaker Melanie Gerlis. Produced by Julia Michalska, Aimee Dawson and David Clack. With Henrietta Bentall
Sponsored byChristie's

NFT art sales hit $3.5bn so far this year—but market is still volatile

The latest Hiscox Online Art Trade Report finds that this booming asset class benefitted from a late-summer surge

Head over to Sotheby's in London for a chance to see Frida Kahlo's $30m self-portrait before it goes under the hammer

Hitting the block at Sotheby's next month, Diego y yo (Diego and I), painted in 1949, could become the most valuable Latin American work ever sold at auction

Organisers cancel Volta Miami over venue uncertainties and Covid travel restrictions

Director says the fair is now looking at a number of cities for its third base as question marks hang over Miami

Same city, new venue: Fiac returns to Paris, but eco-conscious galleries say they plan to cut back on art fairs

Sales at the French fair were generally healthy, but David Zwirner felt it lacked "the vibrancy of Frieze"

Art Cologne passes pandemic subsidy on to exhibitors, offering 34% discount

Both foreign and domestic art galleries benefit from the discount

Art marketpreview

Is Paris worth it? Back-to-back Frieze and Fiac fairs have dealers questioning whether they can do both

As Fiac opens its doors this week, gallerists reflect on the importance of participating in the French fair

Northern Ireland's art market mired in post-Brexit confusion

Experts fear country could become "gateway to Europe for illicit cultural property", while new asset seizure powers—which include art—are being introduced to help criminal investigations into unexplained wealth

Young, emerging artists continue to dominate Frieze week auctions as Phillips sets seven records

Asian bidders set the pace again as several works sell for ten times their lower estimate at the auction house's 20th century and contemporary art evening sale. But are these prices sustainable?

Too much too young? The double-edged sword of early success for artists

As British painters in their 20s and 30s are commanding huge sums for their work, how does the market frenzy affect their career in the longer term?

Young female painters and bored apes turn heads at Christie's £64.6m auction

The first NFT to be sold at auction in Europe sells for £800,000, while collectors compete for emerging women artists, leaving more established names on the shelf

Former Sotheby’s heavyweights form Art Intelligence Global, an art advisory with lofty aims

Led by Yuki Terase and Amy Cappellazzo, the company aims to have firm footing in both Western and Asian markets.

Where does art fit in a post-liberal world?

Western liberal democracies have long called the shots when deciding what is “good” art. But that could be about to change

Banksy record leads a smash-hit Sotheby’s auction which sees young artists soar to extraordinary heights

Asian collectors were behind much of the high bidding for hot emerging artists including Jadé Fadojutimi, Ewa Juszkiewicz and Flora Yukhnovich

Frieze names Patrick Lee director of new Seoul fair

Currently the executive director of Hyundai gallery, Lee says there is a “long history of collecting culture” in the South Korean capital

Korean wave: could Seoul become the art capital of Asia?

With Frieze preparing a new Seoul fair, and a growing roster of galleries, the city could steal Hong Kong’s crown

Strong sales at 1-54 fair—with more African dealers than ever

Twenty galleries from Africa are among 47 exhibitors at the fair in London this week, with some taking advantage of the UK's newly relaxed pandemic travel rules

Banksynews

Banksy world record as shredded work sells to Asian collector for £18.6m at Sotheby's

A previous painting called Girl with Balloon was shredded live at a Sotheby's auction three years ago, the resulting work, Love is in the Bin, has now sold

Stunning $30m Van Gogh watercolour resurfaces at Christie’s New York following complex behind-the-scenes deal

The auction house—which estimates the painting at $30m—helped broker a deal between the seller and the descendants of two Jewish families who had it in the Nazi era

a blog by Martin Bailey
Banksynews

Was Banksy’s infamous shredded painting really created in 2006?

As work heads back to auction at Sotheby's, the provenance of the street artist’s Girl with Balloon is being questioned

Buy one, gift one free: why collectors acquire two works and give one away

Buying a work and donating another to a museum sounds like a win-win—but who really benefits?

Brexit blues: Frieze dealers despair as customs and transport issues delay art shipments

Some European gallerists say they may not participate in future London fairs because of how "extremely complicated" it has become

Collectors Eye: Christen Sveaas

The Norwegian collector tells us what he has bought and why

A £1.65m book collection on the history of climate change goes on sale at Frieze Masters

The 850 items, spanning six centuries, is being offered by the booksellers Peter Harrington

Our pick of five lots from Sotheby’s Hong Kong sales — and what they tell us about the Asian art market

Millennial buyers boosted sales for Western artists, whose works accounted for $114m out of $185m