Art market

How an antiques trade paper led to a tech firm with £600m potential

Online bidding pioneer Auction Technology Group (ATG) is intending to go public to secure investment. The former editor of the original ATG, Antiques Trade Gazette, charts its rise and rivals

Art marketanalysis

Neoliberalism is distorting how we see art—is there no alternative?

While today’s art world has been shaped by the prism of price, our current economic model may not be inevitable

‘The ultimate dealer of Old Master paintings’: New York dealer Richard Feigen has died, aged 90

The Met director Max Hollein pays tribute to the late gallery owner and collector, who also promoted artists from Max Beckmann to Peter Saul

Van Gogh’s Japanese girl could fetch record $10m at auction

A Provençal drawing coming up at Christie’s New York is based on a painting in Washington, DC

a blog by Martin Bailey
Art marketcomment

Sotheby's brought to you by Bulgari—product placement at auction has arrived, with limitless potential

Yesterday's auction saw auctioneer plugging the brand while wearing one of its watches. What might we see next—Edvard Munch sponsored by Bollinger?

'Renegade' Outsider Art Fair opens in multi-venue format in New York

Exhibitions are taking place across several galleries, although some workshops that support artists with disabilities have been unable to take part due to challenges of pandemic

Botticelli portrait sells for record $92.1m at Sotheby's in New York

A portrait of a Young man holding a roundel (around 1470-80) by the Renaissance master seemingly sold to a Russian buyer

New online fair Intersect 21 brings together cross-cultural mix of galleries

Boutique invite-only event consists of 21 galleries from Southern California, the Middle East, and North Africa

Russian contemporary art pioneer embarks on $2m project to restore Isaak Levitan's former Moscow studio

Vladimir Ovcharenko won a state tender for the crumbling studio of the 19th century artist and now he must turn it into an art space within seven years

Tefaf Maastricht 2021 postponed again—this time to September

Dutch art fair will now run immediately before the delayed Art Basel, while Tefaf New York Spring has been cancelled altogether this year

Can Paris snatch the art market crown from London?

The French capital seems resurgent, but other elements may intervene

NFTs: a new disruptor in the art market?

Interest is growing in Non-Fungible Tokens, which represent digital works and proof of ownership

Art marketcomment

Should post-Brexit UK get rid of the Artist’s Resale Right?

The controversial levy, introduced by the EU in 2006, is intended to help struggling artists but it ends up pouring more money into the hands of the most successful few

Asia’s art fairs pin hopes on vaccine rollouts

Spring events must negotiate ongoing travel restrictions and quarantines, and some organisers have already postponed

Art marketanalysis

Lockdown home decorators boost New York's Americana week auctions

Chippendale-style furniture, elephant tureens and a broadside edition of the Declaration of Independence were in demand at the sales series last week

Can Biden's inauguration galvanise the US art world into finally taking action against climate change?

As new US president plans to tackle global warming on "an epic scale", green initiatives such as Galleries Commit are gaining steam

Galleria Continua opens new Paris space with JR-curated show

Amid Covid-19 pandemic, Italian gallery hopes to "generate smiles" with second outpost in France

Déjà vu: Art Basel postponed from June to September—again

Swiss fair was also delayed from June to September in 2020, before being cancelled altogether due to coronavirus

Why Sotheby's $80m Botticelli continues to mystify experts

Star lot of upcoming New York Master Week sales is set to smash previous auction record for the Early Renaissance painter

Social media replaces fairs as the third most successful sales channel for galleries in 2020, study reveals

Websites have replaced walk-ins as the second best way to sell art, but staying in top position is outreach to existing clients, according to Artsy Gallery Insights 2021 Report

UK Supreme Court judgment on pandemic insurance payouts 'not a blank cheque' for art organisations

Some insurers using "aggressive tactics" to reduce barrage of claims following rejection of appeal on clarification of business interruption cover

Art marketgallery

Illustrator Pierre Le Tan's enormous collection to be sold by Sotheby's

Auction includes 40 drawings by Le Tan and over 500 eclectic lots from his Parisian apartment

Rejected Tintin cover design sets record for comic book art with €3.2m auction price

Sale of controversial 1936 painting criticised by organisation behind artist Hergé’s estate

Podcastspodcast

The white supremacist art at the heart of the US Capitol

Plus, a $2.2m Batman comic and the artists inspired by political theorist Hannah Arendt

Holy hammer! Near mint copy of Batman #1 sells for record $2.2m at Heritage Auctions

The rare 1940 issue, which marks the first appearance of the Joker and Catwoman, is the second most expensive comic book ever sold

Lawnews

Art lawyer Frank Lord opens private practice in New York

As well as working on high profile restitution cases, the former Herrick Feinstein partner has a PhD in art history

Expo Chicago art fair is postponed again, until at least July

Online edition will open in April, however, as planners prepare for an in-person version, perhaps even later in September or next year

Art shippers face ‘teething problems’ transporting works to Europe after Brexit

Some air freight crates are being broken open by customs officials in EU, but UK lockdown is posing greater problems, members of the trade say