Art market

What happens when artists die without making a will? Dealer fights to save remains of Fred Yates’s estate

French government sold works by the intestate artist for a pittance; now the UK is set to follow suit

Sotheby's launches sales in Germany—against stiff competition from local auction houses

The opulent Palais Oppenheim in Cologne will host exhibitions and sales from September. Sotheby's says move is due to growing client base in country, not Brexit

Satellite summer: Lehmann Maupin and Carpenters Workshop Gallery collaborate in Aspen, while Christie’s pays homage to the Hamptons

Galleries and auction houses continue to set up shop with niche exhibitions where their clients spend their vacations

Casa Versalles, an initiative envisioned to benefit the Mexican cultural sector, opens second edition in Mexico City

A portion of the proceeds from the selling exhibition will benefit two regional museums, the Museum of Contemporary Art of Monterrey and the Zapopan Art Museum

New French art market report finds auction sales dropped 19.5% to $25.5bn in 2020

The Conseil des Ventes Volontaires concludes that China dominates global auctions, accounting for $8.6bn of sales and 35% of the worldwide market

Anonymous peer-to-peer trading platform LiveArt Market launches with $5m of sales already—but how on earth does it work?

Buyers and sellers will never know each others identity when transacting through the online site, but its founders say such privacy encourages trust and transparency

'Two cool older boys': Lucian Freud's portrait of David Hockney expected to sell for up to £12m

The work, which took four months to paint in 2002, will be auctioned at Sotheby's this month

Sotheby's to offer Tim Berners-Lee's original code for world wide web as (you guessed it) an NFT

Berners-Lee says NFTs are the "ideal way to package the origins behind the web"

New York investigators hand over 27 smuggled art objects valued at $3.8m to Cambodia

Charges are pending against two New York-based antiquities dealers linked to the objects

Art marketanalysis

As the Euros kick off, we ask…what has football got to do with art? Quite a lot, actually

The European Super League, an elite alliance betraying football’s roots, was scuppered by fans. These same power structures exist in the art world – so where’s the resistance?

Sotheby's owner Patrick Drahi buys £2.2bn majority stake in BT

The cost-cutting French telecommunications billionaire has formed Altice UK to buy a 12.1% stake in the company

'Jobs for the boys… why I'm starting to feel old amid the new art world order'

The thrusting land of NFTs and tech nomads favours the young—and has yet to shake off the old ties of nepotism

Shoe designer's $18.9m 'Double Eagle' sets new world record for a coin at auction

The unique coin from 1933, part of a collection amassed by luxury shoe designer, Stuart Weitzman, sold at Sotheby's in New York yesterday

Hauser & Wirth expands its already large footprint in Los Angeles

The gallery is opening a second space in West Hollywood, in a former car showroom

New Shenzhen DnA event this autumn aims to fill southern China's dearth of contemporary art fairs

New art and design fair in the Chinese boom town of Shenzhen launched by organisers of Art021 in Shanghai and JingArt in Beijing

If you sell art in the UK, you must register for anti-money laundering supervision by tomorrow—or risk prosecution

"Art market participants" who sell works of art worth €10,000 (£8,600) or more must register with the HMRC by 10 June

Takashi Murakami organises Outsider art sculpture show in vast New York space

Collectors can still break into market for self-taught work, says fair founder

US collectors aim to give Indigenous Australian curators 'a seat at the table' with fundraising sale of $1.5m Tommy Lowry Tjapaltjarri painting

L. John and Barbara Wilkerson are selling Two Men Dreaming at Kuluntjarranya via Melbourne gallery to fund new arts leadership education programme in the US

Slash and burn: does artistic sabotage always pay off?

A slashed Velázquez and a burnt Banksy achieved notoriety, but vandalism in the name of the NFT faces ethical hurdles

Art marketanalysis

Tokyo aims to take art trade crown from Hong Kong

Can reforms to Japan’s onerous tax system allow Tokyo to replace Hong Kong as the leading art trade hub in Asia, as it was during the “bubble period” of the late 1980s?

Bonhams consignor withdraws looted Nepalese sculptures from auction

The five figures of Hindu gods once adorned a gilded temple gateway in a Unesco world heritage site

Art Basel confirms it is happening this September IRL—but with some caveats

Collectors are told they must be fully vaccinated or supply a negative Covid-19 test in line with Swiss government regulations

Galleries: London's oldest shopping mall needs you

Burlington Arcade has 12 empty units and its owners want art businesses to help fill them

Art marketanalysis

From sneakers to Pokémon cards: here are five of the hottest collectibles

With baseball cards selling for $5.2m each and Twitter co-founder Jack Dorsey’s first ever tweet making $2.9m, people will collect anything if its rare and makes them nostalgic

Julie Mehretu donates major painting to Art for Justice Fund

The auction is estimated to raise $3m to $4m to support efforts to end mass incarceration