Art market

Simon Lee Gallery announces worldwide representation of Venice Biennale artist Sonia Boyce

Boyce says bringing people together for her Venice commission has been like a “gargantuan puzzle”

Our critic's choice of London Gallery Weekend shows: South

The spotlight turns on south London on 5 June where young artists are getting their debut shows and veterans of the Venice Biennale are making a comeback

Why are there so few black-owned galleries in London?

Despite the stars of so many artists of colour rising in the West, the trend is not reflected within the dealer community

Artists will not be subject to anti-money laundering regulations, UK Treasury says

After lobbying from art organisations, government has made last-minute decision that creators who sell their work direct to clients will not be classed as "Art Market Participants"

Art marketcomment

Inflation is soaring in the US and UK—here's what it means for the art market

When prices rise, investors often buy art to lower risk and increase returns. But the market's buoyancy may be short-lived, as experience tells us

Diaryblog

No Fear in Trying: Unit London gallery launches NFT trading platform

Kenny Schachter will curate a physical exhibition of NFT art in the Mayfair space

London gallery hub Cromwell Place partners with Abu Dhabi Art fair to show emerging artists

Fair will show works by Emirati artists Hind Mezaina, Afra Al Dhaheri and Afra Al Suwaidi in South Kensington this June

Art fairsanalysis

'It’s impossible to compare 2019 and 2021; it’s a completely different world': what has sold at Art Basel in Hong Kong

Fair reaches full Covid capacity on VIP day and the big galleries report hefty sales, including a $19.5m painting by Joan Mitchell

Artists Samson Young, Angela Su and Lee Kit donate works to fundraise for Hong Kong dealer Anthony Tao Xinshu's hospital treatment

The Gallery Exit founder was diagnosed with a brain aneurysm in December—now 43 artists are selling work to pay for his care

Newark Museum of Art’s much-disputed sale of Thomas Cole painting nets $988,000

Auction at Sotheby’s yields promising yet mixed results for museum’s drive to fund collections care

Experiential art space Superblue (finally) opens in Miami

The inaugural program will feature immersive experiences by Es Devlin, teamLab, James Turrell

Not laughing now: Banksy loses second trademark case over famous monkey image

Ruling slams British street artist for “sham efforts” in trying to mislead the European Union Intellectual Property Office

Art marketcomment

Will gallery weekends replace art fairs?

Here are the advantages to staying local in a world of Covid

Tefaf Maastricht 2021 cancelled after multiple delays

The cancellation of the Dutch art fair, scheduled for this September, casts some doubt on whether Art Basel will go ahead as planned just a fortnight later

'Unity is survival': former Pace director Nicola Vassell to open a gallery in New York

Vassell's inaugural exhibition will feature work by the photographer Ming Smith

Art marketpreview

Art Basel in Hong Kong: fair still on track to open amid calls to boycott city and tough coronavirus restrictions

Exhibitors are down from 242 to 104 in a condensed fair that runs alongside Art Central in the same venue from 21 to 23 May

Frieze got Seoul: fair to launch in South Korea next year

The first event, featuring 100 exhibitors, will run in September 2022 in partnership with Galleries Association of Korea

Lehmann Maupin opens a summer popup in Taipei, expanding further into the spirited Asian market

The space will open in the Neri & Hu designed Kimpton Hotel Da An in Taiwan

Collector's Eye: Yan Du

The Hong Kong- and London-based collector talks about glowing mushrooms and her dream of feeding specialty dumplings to Yayoi Kusama and Leonora Carrington

Christie's rounds off New York's auction week with strong $481m 20th century sale—and half of it was pre-sold through guarantees

The sale was led by a classic 1932 Picasso of Marie-Thérèse at $103.4m and set new records for Alice Neel, Grace Hartigan, Barbara Hepworth and Alighiero Boetti

Podcastspodcast

New York auctions: has the art market roared back to life?

Plus, Heather Phillipson at Tate Britain and Ackroyd and Harvey on Joseph Beuys

Sponsored byChristie's

Monet's $70m water lilies float to the top of Sotheby's three-auction marathon

The evening of sales in New York totalled $439.6m, with Basquiat's Versus Medici topping the contemporary art offering at $50.8m and a new record for Leonor Fini

Hands up who's bidding for classic post-war art? Picky response to Anne Marion's all-American collection reflects market's shifting tastes

Sotheby's auction of the Texan rancher's collection totalled $157.2m and set new records for Kenneth Noland, Larry Rivers and Richard Diebenkorn

Thaddaeus Ropac is the latest Western gallery to open in Seoul

With its resilient economy through the pandemic, South Korea is attracting the art industry's attention, with rumours of Frieze launching a fair in Seoul next year

Spotty performance for unseen Yayoi Kusama paintings at Bonhams New York—but works on paper soar off the block

Pieces came from the collection of late New York heart surgeon who befriended the artist in the 1960s

Access denied: British auction house executives refused US visas to travel for marquee New York sales week

But the show goes on at Sotheby’s and Christie’s with a mixture of in-person and remote bidding, while British dealers are getting creative in the Big Apple

A $93.1m Basquiat and reams of records for hot young names kicks off New York auction week at Christie's

The $210.4m sale included new highs for contemporary artists like Mickalene Thomas, Jordan Casteel and Lynette Yiadom Boakye, while some established names fell flat

Out of Africa and into Messums: UK gallery launches new photography department with vintage prints of Karen Blixen's life in Kenya

Some of the images taken by the younger brother of the Danish author, whose memoir became an Oscar-winning film, reflect colonialist attitudes that the exhibition aims to confront

Leonardo da Vinci's bear pawtrait could make record for drawing by the artist

The work is expected to fetch up to £12m in a live sale at Christie's London this July