Art market

Collection of Balthus drawings and paintings to be sold for €1.2m—so why no mention of his infatuation with pubescent girls?

The works are from the estate of the artist’s teenage “muse and model” Frédérique Tison, who was also his step-niece

Unesco, stop citing 'bogus' $10bn figure, art trade pleads

Ahead of a major anniversary this weekend, the international organisation is under fire for apparently exaggerating the scale of the illicit trade in cultural goods

The devil is in the paperwork—don't be caught out by provenance fraud

The rise of the online art market means due diligence on purchasing art is becoming increasingly complex

All eyes on Shanghai as city hosts multiple fairs despite first coronavirus case in months

New Art Tower will be hub of a busy art week alongside Art021 and West Bund Art & Design Fair

New York state sues Sotheby's for allegedly helping collector evade tax on $27m of art

Auction house "vigorously refutes the unfounded allegations" made by the attorney general, who claims the auction house knowingly aided the offshore company Porsal Equities

Diaryblog

Rent a sculpture from this London gallery for lockdown 2.0

While its gallery is closed, Pangolin is offering works by artists including Lynn Chadwick to UK clients to take home until January

What the presidential election means for the US art market—no matter who is in the Oval Office

A dwindling middle market faces a stingy Senate while rising inequality and public unrest could prompt even more private sales

Gagosian director Sam Orlofsky let go following allegations of ‘unacceptable and repugnant’ misconduct against women

Gallery brought in outside counsel to investigate claims against the senior New York-based digital-focused director, who was suspended without pay last month

London galleries to accommodate collectors ‘by appointment’ during second coronavirus lockdown

Some dealers say they will continue to hold private viewings for buyers, while opening hours are extended in the West End tonight

Artful codgers: why the art market is a hotbed of grey crime

The recent case of a 71-year-old dealer convicted of art fraud is far from unique—in fact, elderly offenders could be on the rise

Our pick of must-see gallery shows opening around the world in November

From new works by the emerging artist Collins Obijiaku in Accra to a pre-election tribute to the late Supreme Court Justice Ruth Bader Ginsburg in Los Angeles

The estate of George Rickey, who created balletic kinetic sculptures, now at Kasmin gallery

Monumental moving works by the artist will be shown next fall on the Chelsea space’s rooftop and along Park Avenue uptown

The pull of Palm Beach proves irresistible for blue-chip galleries—but for how long?

Lehmann Maupin and Paula Cooper are the latest to join dealers like Acquavella and Pace in setting up seasonal spaces in the Sunshine State

Podcastspodcast

Has coronavirus helped unmask the real prices of art?

Plus, JMW Turner at the Tate and John Stezaker on Bruegel

Hosted by Ben Luke. with guest speaker Georgina Adam. Produced by Julia Michalska, David Clack and Aimee Dawson

Richard Saltoun Gallery builds entire 2021 exhibition programme around late political philosopher Hannah Arendt

Her work addresses relevant issues today such as tyranny, fascism and totalitarianism, dealer says

French and German art fairs forced to cancel as new national lockdowns come into force

Fine Arts Paris and Art Cologne boldly believed they could run Covid-secure events in November, but both have had to relent to new restrictions

Exclusive survey: how small US galleries are surviving the coronavirus crisis as Trump tables relief plans

With a second federal aid package stalled until after the election, our study reveals the financial straits some galleries are finding themselves in—and how they are responding

Tess Thackara. with additional reporting by Margaret Carrigan

Ancient Greek bust of Hercules dug up in a garden will now appear in virtual reality at Tefaf Online

ArtAncient has created a VR experience of the marble bust to enliven the digital version of the now-cancelled New York fair

Giacometti, De Chirico and Alfa Romeo cars lead Sotheby's $283m New York sales after major museum works abruptly pulled

Following weeks of controversy, the Baltimore Museum of Art withdrew two paintings just hours before the auction while many other works sold near low estimates

Souls Grown Deep Foundation will give living artists a 5% royalty when collection works are resold

The initiative aims to address historic discrimination against artists of colour, who often gain recognition—and market value—later in their careers

Frieze New York relocates to non-profit institution The Shed for 2021 edition

Global director Victoria Siddall says it is a time “for creativity, flexibility and collaboration” as fair is reduced by more than two-thirds

Art marketinterview

'If you miss the train, don’t chase it, there will be another one': Ann Getty on collecting

Shortly before she died in September, the art collector, interior designer and philanthropist spoke about cranes with personality and buying what you love

Podcastspodcast

The great museum sell-off: should public collections deaccession to survive Covid-19?

Plus, the artist Jennifer Packer on a Buddhist mural in the Metropolitan Museum of Art in New York

Hosted by Ben Luke and Margaret Carrigan. with guest speaker Georgina Adam. Produced by Julia Michalska, David Clack and Aimee Dawson

The Royal Opera House's David Hockney painting sells for £12.8m at Christie's amid deaccessioning debate

The auction house's four-part £90.2m "20th Century: London to Paris" sale saw small bursts of energy for quality lots in the wake of Frieze and Fiac's cancellations

Marian Goodman to close London gallery

The New York-based art dealer will instead launch a project initiative in the city, with no permanent space, starting next autumn

Revealed: sellers of £7.6m Banksy were London collectors who provided venue for artist's 2005 Crude Oils exhibition

As part of the deal, Roland and Jane Cowan acquired the faux Impressionist canvas from the artist—it sold last night at Sotheby's

Miami Beach launches residency programme to help artists and businesses in lieu of Art Basel tourism revenue

The initiative encourages property owners to lend their vacant spaces for free and offers $2,500 stipends to artists—but they may still need to pay rent

A flood of art? The market issues around museum deaccessioning

A flurry of museum pieces is heading to auction, but will there be enough buyers for them?

Sotheby's to offer monumental Giacometti bronze in rare 'sealed bid' sale with a minimum bid of $90m

Last sold at auction for $4.9m, offers on the work will be reviewed ahead of the auction house's contemporary and Impressionist and Modern art evening sales on 28 October in New York

Asia Now fair swoops up would-be Fiac exhibitors

Paris fair makes up for lack of Asia-based exhibitors with some blue chip galleries who were meant to be participating at the larger, cancelled fair