Art market

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

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