Art market

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

It all started with a Roman bowl bought for 75p: antiquities dealership Charles Ede celebrates 50 years in business

The London gallery, now run by Martin Clist and Charis Tyndall, is marking five decades with an exhibition of Greek black glaze pottery opening this week

Artist curator claims Art Toronto owes them back wages after unfair dismissal

When the fair went online-only during the pandemic last year, a planned section dedicated to queer and non-binary artists was cancelled

A return of the knockers? How criminals gain the trust of the elderly and vulnerable in order to steal their art and antiques

The conviction of the father-and-son duo, Des and Gary Pickersgill, for the thefts of around £1.7m from an elderly widow's home, brings renewed focus on the threat of antique “knockers”

'Not just another Zoom project': New 'non-hierarchical' International Galleries Alliance launches to bring art world together

The information sharing community hopes to launch with 300 members and has been founded by a group of galleries including Sadie Coles, Blum & Poe, Stevenson and Carlos/Ishikawa

Friezenews

Come inside: Frieze London moves beyond the park with new permanent space

No.9 Cork Street, which will provide opportunities for pop-up exhibitions, opens as the celebrated Mayfair gallery hub gains a new lease of life

Another Botticelli hits the market: Sotheby's to sell Botticelli's The Man of Sorrows for in excess of $40m

Auction house will sell the painting in January and is dubbing it "The defining masterpiece of Botticelli's late career". But what exactly does that mean?

Art marketpreview

Vaccines? Negative tests? Frieze is back in town, here is everything you need to know before you go

With strict Covid-19 protocols in place, galleries have worked hard to come up with new ways of exhibiting at the London fairs this year

Pissing on Basquiat: Christie's to sell Warhol's oxidation portrait for first time

The 1982 portrait, made using Warhol's own urine, will be offered in New York in November, with an estimate in excess of $20m

Art marketinterview

'We have never catered to an exotic idea of what art from Africa is about': Tiwani Contemporary to launch gallery in Lagos as it celebrates ten years in business

Maria Varnava, the founder of the London gallery which specialises in artists from Africa and the diaspora, on opening a gallery on the continent where she grew up and why she is wary of speculators