Art market

Art marketanalysis

JingArt fair returns to Beijing—with a new crop of young collectors

The fair was cancelled last year due to Covid-19 but this year was bigger than ever before, at 43 galleries

Abstract art, mid-century furniture and contemporary design all under one roof at new London gallery

LAMB opens this week in the Georgian townhouse formerly occupied by Bernard Shapero rare books

Damien Hirst secures £15m in government Covid-19 loans despite owing more than £100m to his parent company in Jersey

The companies that make Hirst’s art and manage his £183m collection are owned by the offshore parent Science

Canadanews

Works by women artists reach new heights in Canadian auction

Two canvases by Carr blew past their estimate to become among the highest auction prices paid for her work, while a painting by 92-year-old Rita Letendre set a record for the artist

Blast off! Painting by David Bowie sells for more than $87,000 in online auction

The painting was found in an Ontario thrift shop and purchased for just five Canadian dollars

Sotheby's doubles down on private sales with Monte-Carlo gallery

Seasonal two-storey space is newest addition to Monaco's growing commercial art scene

Records set for Cinga Samson, Avery Singer, Vija Celmins, Titus Kaphar and Julie Curtiss at Phillips's $118.2m evening sale

Auction house chose to hold its 20th century and contemporary art evening sale in New York during what is traditionally the London season due to "detonated" calendar

Chinese gold sculpture breaks German auction record at €14m—almost triple the previous high

A Chinese collector bought the 15th century gold and bronze Ming-dynasty sculpture of the god Vajrabhairava earlier today

Hoard of plundered ancient art—discovered by police in a Belgian dealer's home—is returned to Italy

The almost 800 rare archaeological artefacts are now on show at the Castello Svevo in Bari

Los Angeles gallery Regen Projects brings on two new directors Bryan Barcena and Stephanie Dudzinski

Both Bryan Barcena and Stephanie Dudzinski have worked with major museums and galleries in the city

Back to the beginning: author and art critic Frederic Tuten will have his first solo show in the Hamptons

Tuten was close friends with Roy Lichtenstein, who twenty years ago saw promise in the writer’s sketchbook.

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