Art market

Art marketcomment

Art market money laundering crackdown spreads from UK to the US, but what impact is it having and are businesses taking it seriously?

Global inconsistency between regulations makes already complex rules more confusing and while the US is following the EU’s lead, its regulations do not yet include “flat art”—only antiquities

Art dealer's huge studio ceramics collection is up for sale—including the pot that Hans Coper swapped for a goat called Jennea

Phillips and Maak Contemporary Ceramics will jointly sell the collection of the late John Driscoll on 10 November, including works by Lucie Rie, Bernard Leach and Hamada Shoji

The astonishing survival of the farmhouse depicted in Van Gogh’s newly unveiled watercolour

Vincent’s picture of wheatstacks is coming up at Christie’s on 11 November—yours for around $25m

a blog by Martin Bailey

Antiquities think tank pushes UK to impose tougher regulations to fight trade in looted art

Antiquities Coalition has published a policy brief urging government to seize the "window of opportunity" in wake of repealed EU Cultural Goods Regulations

Has Impressionism still got it? This months auctions should tell us

Will the wave of young Asians buying hot young artists also wash into the higher-priced, blue-chip artists on offer in New York, or has older art lost its charm?

US President Joseph R. Biden will be remembered as the father of the great artist Hunter Biden, his art dealer says

Criticism of the high-profile Hunter Biden exhibition, which has caused controversy for the Biden administration, is also rooted in stigma around addiction, Georges Bergès says

Not so metadiverse: women account for just 16% of NFT art market

ArtTactic report reveals a “winner takes all” market for NFTs, with 16 artists generating 55% of sales

Art marketpreview

Shanghai’s art season returns bigger than ever as fairs hope to court domestic collectors

As international travel restrictions continue, mainland Chinese galleries look to capitalise on local interest

Art Basel's parent company MCH Group warns of possible data breach after criminal cyber attack

Fair organiser is working with police and Swiss cyber security authorities to identify perpetrators of malware attack on 20 October

Hundreds of Andy Warhol fakes, and one original drawing worth $20k, sold for $250 each

The art collective MSCHF has shuffled an original Warhol with 1,000 identical works, with any record of the original piece destroyed

Millions of dollars in smuggled antiques repatriated during investigation of disgraced art dealer Subhash Kapoor

Among the works returned to India was a $4m bronze statue of the deity Shiva Nataraja that was stolen in the 1960s from a temple and smuggled into New York

Art trade in ‘constructive dialogue’ with UK government as economic crime levy policy paper is published

Levy threatened to disproportionately affect galleries, which measure turnover differently to auction houses

'We approach it like dating—try it for one year first, and see': Art Basel partners with S.E.A. Focus fair in Singapore, but insists it is committed to Hong Kong

The fair company has already collaborated with Art Week Tokyo next week, and says its role is to help and "hold their hands"

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
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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.