#art-market
#art-market

[ follow ]

David Geffen files countersuit against Justin Sun as collectors' fight over $78m Giacometti escalates

David Geffen countersued Justin Sun over a $78.4 million sculpture, alleging Sun's claims are fraudulent.

Famed sculptor Alexander Calder's grandson lied about damage to artwork, ambushed $8M sale: suit

Alexander Rower allegedly sabotaged the $8 million sale of an Alexander Calder mobile to manipulate the market for his grandfather's artwork.

Highlights From Art Basel Miami Beach 2024

Miami Art Week serves as a crucial barometer for the art market's health and trends.

Despite declining auction prices, Miami's art scene featured evocative pieces and financial opportunities.

David Geffen files countersuit against Justin Sun as collectors' fight over $78m Giacometti escalates

David Geffen countersued Justin Sun over a $78.4 million sculpture, alleging Sun's claims are fraudulent.

Famed sculptor Alexander Calder's grandson lied about damage to artwork, ambushed $8M sale: suit

Alexander Rower allegedly sabotaged the $8 million sale of an Alexander Calder mobile to manipulate the market for his grandfather's artwork.

moresculpture

#antiquities

Qatari sheikh wins case against Phoenix Ancient Art over allegedly forged antiquity

Sheikh Hamad Bin Abdullah al-Thani won a legal battle over a disputed antiquity, while Phoenix Ancient Art plans to appeal amid allegations of forgery.

Leonardo Patterson, Disgraced Dealer in Latin American Artifacts, Dies at 82

Leonardo Patterson transitioned from rural poverty in Costa Rica to a controversial force in the antiquities market before his downfall due to proven allegations.

Qatari sheikh wins case against Phoenix Ancient Art over allegedly forged antiquity

Sheikh Hamad Bin Abdullah al-Thani won a legal battle over a disputed antiquity, while Phoenix Ancient Art plans to appeal amid allegations of forgery.

Leonardo Patterson, Disgraced Dealer in Latin American Artifacts, Dies at 82

Leonardo Patterson transitioned from rural poverty in Costa Rica to a controversial force in the antiquities market before his downfall due to proven allegations.

moreantiquities

New app for antiques dealers hopes to make streamlining inventory 'less daunting'

Ronati Studio offers a comprehensive inventory management tool for antiques dealers, enhancing efficiency in acquiring and reselling art and antiques.

#auction-sales

Is the art market coming to the end of the age of eternal growth?

The art market faces uncertainty in 2025 due to economic disruptions and declining high-end auction sales.

Sotheby's made $6bn in 2024-but sales dropped for second consecutive year

Sotheby's auction sales plummeted 23% in 2024 influenced by global market challenges, but private sales thrived amid this downturn.

Sotheby's made $6bn in 2024 as sales dropped for second consecutive year

Sotheby's auction sales fell by 23% in 2024, marking a challenging year amid a turbulent global art market.

Small but mighty: sales under $100,000 defy market

The affordable art market is booming, with auction sales of art worth under $10,000 representing the fastest growing sector post-lockdown.

Christie's results are down 'only' 6% in 2024, 'despite challenging environment'

Christie's faced a decrease in sales for the second year in a row, netting $5.7bn in 2024.

Is the art market coming to the end of the age of eternal growth?

The art market faces uncertainty in 2025 due to economic disruptions and declining high-end auction sales.

Sotheby's made $6bn in 2024-but sales dropped for second consecutive year

Sotheby's auction sales plummeted 23% in 2024 influenced by global market challenges, but private sales thrived amid this downturn.

Sotheby's made $6bn in 2024 as sales dropped for second consecutive year

Sotheby's auction sales fell by 23% in 2024, marking a challenging year amid a turbulent global art market.

Small but mighty: sales under $100,000 defy market

The affordable art market is booming, with auction sales of art worth under $10,000 representing the fastest growing sector post-lockdown.

Christie's results are down 'only' 6% in 2024, 'despite challenging environment'

Christie's faced a decrease in sales for the second year in a row, netting $5.7bn in 2024.

moreauction-sales

#trump-administration

Trump turns on museums and libraries, the art market's 12% fall, Evie Hone and Mainie Jellett-podcast

Federal agencies supporting arts funding are facing elimination under Trump, indicating a significant shift in cultural policy.

Economic instability linked to Trump’s policies is leading to a notable decline in global art sales.

Dallas Art Fair offers first test of collectors' appetites amid Trump's trade war

The Dallas Art Fair serves as a critical indicator for the art market amid recent tariff announcements and their potential impact.

Trump turns on museums and libraries, the art market's 12% fall, Evie Hone and Mainie Jellett-podcast

Federal agencies supporting arts funding are facing elimination under Trump, indicating a significant shift in cultural policy.

Economic instability linked to Trump’s policies is leading to a notable decline in global art sales.

Dallas Art Fair offers first test of collectors' appetites amid Trump's trade war

The Dallas Art Fair serves as a critical indicator for the art market amid recent tariff announcements and their potential impact.

moretrump-administration

#brexit

UK extends tax-free import period for art and antiques

The UK Treasury has extended the import duty-free period for fine art and antiques, aiming to revive the country's struggling art market.

Why five years after the pandemic, art fairs are still in recovery

The art market remains fragile and has not fully recovered post-pandemic.

VIP engagement and attendance at art fairs has drastically decreased since 2019.

UK extends tax-free import period for art and antiques

The UK Treasury has extended the import duty-free period for fine art and antiques, aiming to revive the country's struggling art market.

Why five years after the pandemic, art fairs are still in recovery

The art market remains fragile and has not fully recovered post-pandemic.

VIP engagement and attendance at art fairs has drastically decreased since 2019.

morebrexit

'Alarming situation': Tax issues dominate discussions at Milan's Miart fair

The Milan art fair Miart highlights the impact of a 22% tax on art, drawing concerns from artists and dealers about Italy's cultural viability.

#contemporary-art

Jack Vettriano, immensely popular artist whose market success reflected 'an appetite for the glamorous', has died, aged 73

Jack Vettriano, renowned Neo-Realist artist, passed away at 73, leaving behind a legacy of nostalgic and romantic art that offered escapism.

Cross-category exhibitions are gaining popularity, but do they pay off?

Transhistorical exhibitions have gained prominence, particularly since the 2017 sale of Leonardo's Salvator Mundi, blending Old Masters with contemporary artists.

Want a limited edition artwork tattooed on your skin? Berlin is the place to go

Modern tattooing is evolving as an art form, integrating contemporary artists with innovative ways to sell tattoo designs as artworks.

The Works on Skin project offers a solution for struggling tattoo artists by allowing them to sell limited edition tattoos as fine art.

It's One Banana, Michael. What Could It Cost? $6.2 Million?

The sale of a banana taped to a wall for $6.2 million exemplifies the absurdity in the valuation of modern art.

Going bananas: Duct-taped fresh fruit sells for millions at Sotheby's

Cattelan's 'Comedian' raises questions about art's value and perception, selling for $6.2 million at Sotheby's.

The Year Ahead 2025: market predictions, the big shows and openings-podcast

The art market in 2025 will be shaped by major exhibitions and new museum openings, making it vital for art enthusiasts.

Jack Vettriano, immensely popular artist whose market success reflected 'an appetite for the glamorous', has died, aged 73

Jack Vettriano, renowned Neo-Realist artist, passed away at 73, leaving behind a legacy of nostalgic and romantic art that offered escapism.

Cross-category exhibitions are gaining popularity, but do they pay off?

Transhistorical exhibitions have gained prominence, particularly since the 2017 sale of Leonardo's Salvator Mundi, blending Old Masters with contemporary artists.

Want a limited edition artwork tattooed on your skin? Berlin is the place to go

Modern tattooing is evolving as an art form, integrating contemporary artists with innovative ways to sell tattoo designs as artworks.

The Works on Skin project offers a solution for struggling tattoo artists by allowing them to sell limited edition tattoos as fine art.

It's One Banana, Michael. What Could It Cost? $6.2 Million?

The sale of a banana taped to a wall for $6.2 million exemplifies the absurdity in the valuation of modern art.

Going bananas: Duct-taped fresh fruit sells for millions at Sotheby's

Cattelan's 'Comedian' raises questions about art's value and perception, selling for $6.2 million at Sotheby's.

The Year Ahead 2025: market predictions, the big shows and openings-podcast

The art market in 2025 will be shaped by major exhibitions and new museum openings, making it vital for art enthusiasts.

morecontemporary-art

New York print fairs see new energy and an influx of young collectors

Prints and works on paper are thriving in the current art market downturn, attracting new collectors.

#gustav-klimt

Long-Lost Klimt Portrays African Prince

A rediscovered Klimt painting at TEFAF Maastricht, representing an African prince, is currently in talks for its sale to a major museum.

Gustav Klimt's mysterious African prince portrait DW 03/21/2025

The long-lost portrait of Prince William Nie Norte Dowuona by Gustav Klimt has resurfaced after decades, now valued at $15 million.

Long-Lost Klimt Portrays African Prince

A rediscovered Klimt painting at TEFAF Maastricht, representing an African prince, is currently in talks for its sale to a major museum.

Gustav Klimt's mysterious African prince portrait DW 03/21/2025

The long-lost portrait of Prince William Nie Norte Dowuona by Gustav Klimt has resurfaced after decades, now valued at $15 million.

moregustav-klimt

Latest round of money laundering penalties hit UK trade

Nearly 50 UK art businesses have been fined for non-compliance with money laundering regulations, averaging penalties over £3,000.

#van-gogh

The ten most expensive Vincent van Gogh paintings

Van Gogh's paintings rarely sell at auction, and when they do, they reach staggering prices.

Once the most expensive painting ever auctioned, has a long hidden Van Gogh portrait been rediscovered?

The whereabouts of Van Gogh's Portrait of Dr Gachet have possibly been discovered, bringing renewed interest in this iconic artwork.

Matisse wanted to buy a Van Gogh portrait-instead, his brother bought a bicycle

Matisse's early admiration for Van Gogh reveals the volatile art market and the concept of fluctuating value based on demand.

The ten most expensive Vincent van Gogh paintings

Van Gogh's paintings rarely sell at auction, and when they do, they reach staggering prices.

Once the most expensive painting ever auctioned, has a long hidden Van Gogh portrait been rediscovered?

The whereabouts of Van Gogh's Portrait of Dr Gachet have possibly been discovered, bringing renewed interest in this iconic artwork.

Matisse wanted to buy a Van Gogh portrait-instead, his brother bought a bicycle

Matisse's early admiration for Van Gogh reveals the volatile art market and the concept of fluctuating value based on demand.

morevan-gogh

#cultural-institutions

Visitor numbers plunge at London art museums as Tate galleries lose 2.7 million in five years

Britain's art museums, including Tate galleries, are experiencing significant visitor declines post-pandemic.

One of central London's best art galleries has been forced to close

The closure of TJ Boulting gallery is primarily attributed to a downturn in the art market.

Visitor numbers plunge at London art museums as Tate galleries lose 2.7 million in five years

Britain's art museums, including Tate galleries, are experiencing significant visitor declines post-pandemic.

One of central London's best art galleries has been forced to close

The closure of TJ Boulting gallery is primarily attributed to a downturn in the art market.

morecultural-institutions

#art-fair

Dealers feel justified in forging ahead with Los Angeles art week

The art community rallied support for local galleries after the recent wildfires in Los Angeles.

London's oldest art fair celebrates its 40th anniversary

The London Original Print Fair, now in its 40th year, started with just 16 dealers and has grown significantly in the art fair landscape.

Tariff anxieties are no match for buoyant mood at Mexico City's Zona Maco

Zona Maco showcases the resilience of the art market despite tariff concerns, with strong attendance and sales from both local and international galleries.

New satellite fair will bring 26 exhibitors to Santa Monica during Frieze Los Angeles

A new art fair will take place in Santa Monica, offering a cost-effective alternative to larger art fairs with emphasis on solo presentations.

Dealers feel justified in forging ahead with Los Angeles art week

The art community rallied support for local galleries after the recent wildfires in Los Angeles.

London's oldest art fair celebrates its 40th anniversary

The London Original Print Fair, now in its 40th year, started with just 16 dealers and has grown significantly in the art fair landscape.

Tariff anxieties are no match for buoyant mood at Mexico City's Zona Maco

Zona Maco showcases the resilience of the art market despite tariff concerns, with strong attendance and sales from both local and international galleries.

New satellite fair will bring 26 exhibitors to Santa Monica during Frieze Los Angeles

A new art fair will take place in Santa Monica, offering a cost-effective alternative to larger art fairs with emphasis on solo presentations.

moreart-fair

Comment | 'Visiting Americans remain a force at Tefaf Maastricht'

Tefaf Maastricht is significantly influenced by the presence of American museums and their eagerness to acquire art.

US museum confidence is essential for the fine art market, especially post-COVID.

Curators view Tefaf as an irreplaceable opportunity for sourcing high-quality European art.

How to Invest in Art

Younger generations are transforming the art market by investing on modest budgets, prioritizing enjoyment and support for artists over investment potential.

#christies

Christie's AI art auction reportedly exceeds expectations | TechCrunch

Christie's Augmented Intelligence show faced backlash from artists but was financially successful, raising over $700,000.

The Year in Review: art market slump squeezes biggest players and Frieze for sale

The high-end art market is experiencing significant contraction, impacting major auction houses and galleries with layoffs and closures.

Comment | Popping the hood on the luxury car market

Luxury goods, including classic cars, are becoming significant contributors to auction houses' revenues as interest in fine art fluctuates.

New York Old Masters sales fall just short of expectations at Christie's and Sotheby's amid 'tough' market

Old Master auction results improved year-over-year but fell short of pre-sale estimates.

Christie's AI art auction reportedly exceeds expectations | TechCrunch

Christie's Augmented Intelligence show faced backlash from artists but was financially successful, raising over $700,000.

The Year in Review: art market slump squeezes biggest players and Frieze for sale

The high-end art market is experiencing significant contraction, impacting major auction houses and galleries with layoffs and closures.

Comment | Popping the hood on the luxury car market

Luxury goods, including classic cars, are becoming significant contributors to auction houses' revenues as interest in fine art fluctuates.

New York Old Masters sales fall just short of expectations at Christie's and Sotheby's amid 'tough' market

Old Master auction results improved year-over-year but fell short of pre-sale estimates.

morechristies

Works of uncertain authenticity offered at India Art Fair

Four high-profile paintings at the India Art Fair were removed due to questions about their authenticity and sale without proper review.

Trump tariffs could hit Canadian art market hardest

The US-China trade tensions may severely disrupt global art markets, particularly affecting Canadian artists and dealers.

Searching for the Afterparty - Where digital art goes when the cryptoart rave ends

Cryptoart transitioned from a frantic movement driven by speculation to seeking sustainable models post-hype.

Art trade considers effects of Trump halting probes on Russian oligarchs

U.S.-Russia relations might shift dramatically if sanctions are lifted, impacting the global order and art market.

A Loan-Scorned Socialite Reported Her Warhol Stolen. A Tempest Ensued.

Art loans can create financial entanglements that complicate asset control and credit evaluations.

Visionary Artworks Plumb the Mysteries of Creativity

Lincoln Walker's father, a self-taught artist, created over 800 significant artworks that are now gaining recognition.

The discovery of these artworks highlights the untold stories of self-taught artists in American art history.

TJ Boulting gallery in London, known for its roster of women photographers, has closed after 13 years

TJ Boulting gallery closes after 13 years, with founder Hannah Watson citing a desire to explore new opportunities amid challenging art market conditions.

#donald-trump

As the wealthiest lurch to the right, will the commercial art word follow?

Trump's presidency may favor high-end art purchases due to tax reforms for wealthy individuals.

Will a Trump Bump' Help the Art Market's Biggest Week?

The art market is looking to recover amidst lower expectations and economic changes influenced by a new political landscape.

As the wealthiest lurch to the right, will the commercial art word follow?

Trump's presidency may favor high-end art purchases due to tax reforms for wealthy individuals.

Will a Trump Bump' Help the Art Market's Biggest Week?

The art market is looking to recover amidst lower expectations and economic changes influenced by a new political landscape.

moredonald-trump

#galleries

Council Post: Tradition Versus Innovation: Self-Marketing Within Art

The art industry is shifting towards inclusivity, empowered by social media, allowing uncredentialed artists to thrive.

Weathering chaos: how galleries can get to grips with Trump 2.0

The art market must navigate the impacts of Trump's policies with clarity on mission and audience.

Council Post: Tradition Versus Innovation: Self-Marketing Within Art

The art industry is shifting towards inclusivity, empowered by social media, allowing uncredentialed artists to thrive.

Weathering chaos: how galleries can get to grips with Trump 2.0

The art market must navigate the impacts of Trump's policies with clarity on mission and audience.

moregalleries

Wherever its sales are based, the Old Master market is in good health

The London art market is experiencing a noticeable decline in sales and attendance, signaling potential challenges for the city's artistic community.

'If you've been successful, you should give back': why mentorship is key in the art world

The Art Market Mentors program offers critical career support in the face of recent art industry job instability.

#sothebys

The Best New York Art Shows of 2024

AI-generated art sold for a million dollars at Sotheby's, representing a new frontier in the global art market.

Sotheby's to hold first ever commercial auction in Saudi Arabia in February

Saudi Arabia is emerging as a significant market for art and luxury, prompting major auction houses to establish a presence there.

Sotheby's does a U-turn on new fees structure

Sotheby's is reverting to previous fee structures after new changes proved less appealing to sellers.

Fuller picture of mass Sotheby's layoffs emerges

Sotheby's is undergoing significant job cuts, with reports indicating over 100 employees affected amid efforts to reduce costs and adapt to market challenges.

Sotheby's settles lawsuit alleging it helped art collectors avoid taxes on works by Basquiat, others

Sotheby's will pay over $6 million to settle claims of facilitating tax evasion for high-priced art transactions.

'One auction house will fold, as will more fairs': experts give their art market 2025 predictions

The art market is expected to see growth in lower-priced segments while facing challenges in the middle market due to geopolitical tensions.

The Best New York Art Shows of 2024

AI-generated art sold for a million dollars at Sotheby's, representing a new frontier in the global art market.

Sotheby's to hold first ever commercial auction in Saudi Arabia in February

Saudi Arabia is emerging as a significant market for art and luxury, prompting major auction houses to establish a presence there.

Sotheby's does a U-turn on new fees structure

Sotheby's is reverting to previous fee structures after new changes proved less appealing to sellers.

Fuller picture of mass Sotheby's layoffs emerges

Sotheby's is undergoing significant job cuts, with reports indicating over 100 employees affected amid efforts to reduce costs and adapt to market challenges.

Sotheby's settles lawsuit alleging it helped art collectors avoid taxes on works by Basquiat, others

Sotheby's will pay over $6 million to settle claims of facilitating tax evasion for high-priced art transactions.

'One auction house will fold, as will more fairs': experts give their art market 2025 predictions

The art market is expected to see growth in lower-priced segments while facing challenges in the middle market due to geopolitical tensions.

moresothebys

An insider's guide to Singapore Art Week: Ning Chong

Singapore Art Week showcases over 160 events highlighting the city's vibrant art scene.

The focus on female artists reflects changing perspectives in the art community.

Post-pandemic, Singapore's art market has gained renewed confidence and engagement.

Dispute between Artnet's owners and major shareholder escalates

The power struggle between Artnet and Weng Fine Art illustrates deep divides over leadership and mismanagement claims within the contemporary art market.

UK financial sanctions expanded to include art trade

UK art market to face new financial sanctions compliance by May 2025.

Does Trump's return spell boom or bust for the NFT art market?

The NFT market has significantly contracted, showing a 97% decrease in trading volume since its peak.

#maurizio-cattelan

'I created a monster': Sensational banana art still echoes as Art Basel Miami Beach opens

Art Basel Miami Beach 2024 signals a shift towards deeper societal themes in art, moving beyond flashy visuals.

Lingering market slump prompts the question: is art is no longer a 'must have' for the wealthy?

The international art market is currently experiencing a significant downturn, highlighting economic uncertainty.

Artists' attempts at subversion often get re-appropriated by the market, leading to absurdity.

Million-dollar banana? Infamous artwork goes on auction DW 11/19/2024

Cattelan's 'Comedian' critiques art's commercialization, highlighting consumerism through the sale of a banana and duct tape for millions.

The piece reflects on the absurdity of art valuation.

Winning a bid doesn't offer tangible art but the idea, similar to NFTs.

Maurizio Cattelan's $1M Duct-Taped Banana Returns to the Art World Spotlight | stupidDOPE

Cattelan's Comedian exemplifies the absurd nature of the art market, raising questions on the value placed on art itself.

The Sidewalk Fruit Vendor Who Sold a $6.2 Million Banana for 25 Cents

A banana sold for $5.2 million highlights the absurdity and contradictions within the art world.

Simple items can be transformed into high-value art, questioning the nature of value and art.

NYC fruit vendor who sold $6.2M banana for pennies is still fuming: 'I got 35 cents'

Shah Alam received only 35 cents for a banana used in a $6.2 million artwork, highlighting the disconnect between art valuation and vendor compensation.

'I created a monster': Sensational banana art still echoes as Art Basel Miami Beach opens

Art Basel Miami Beach 2024 signals a shift towards deeper societal themes in art, moving beyond flashy visuals.

Lingering market slump prompts the question: is art is no longer a 'must have' for the wealthy?

The international art market is currently experiencing a significant downturn, highlighting economic uncertainty.

Artists' attempts at subversion often get re-appropriated by the market, leading to absurdity.

Million-dollar banana? Infamous artwork goes on auction DW 11/19/2024

Cattelan's 'Comedian' critiques art's commercialization, highlighting consumerism through the sale of a banana and duct tape for millions.

The piece reflects on the absurdity of art valuation.

Winning a bid doesn't offer tangible art but the idea, similar to NFTs.

Maurizio Cattelan's $1M Duct-Taped Banana Returns to the Art World Spotlight | stupidDOPE

Cattelan's Comedian exemplifies the absurd nature of the art market, raising questions on the value placed on art itself.

The Sidewalk Fruit Vendor Who Sold a $6.2 Million Banana for 25 Cents

A banana sold for $5.2 million highlights the absurdity and contradictions within the art world.

Simple items can be transformed into high-value art, questioning the nature of value and art.

NYC fruit vendor who sold $6.2M banana for pennies is still fuming: 'I got 35 cents'

Shah Alam received only 35 cents for a banana used in a $6.2 million artwork, highlighting the disconnect between art valuation and vendor compensation.

moremaurizio-cattelan

Why the road to the sale of Frieze is a winding one

Endeavor's potential sale of Frieze and other assets generates significant interest in the art fair sector.

Independent Ceramics Market | What's On | London On The Inside

The Independent Ceramics Market features over 40 ceramicists and is a great opportunity to buy unique pieces directly from artists.

Best of 2024: The 15 Juxtapoz Features You Read the Most

2024 presented challenges for the art market, forcing a reassessment of what artists create and how they connect with audiences.

#auction-houses

Leader Spotlight: Creating a seamless digital experience for luxury products, with Elizabeth Van Bergen - LogRocket Blog

Phillips created an omnichannel strategy to blend in-person and digital experiences for luxury art buyers, crucial for adapting to modern client needs.

Phillips auction house executive chairman Ed Dolman resigns

Long-time Phillips executive Ed Dolman resigns as chairman, marking continued leadership changes amid a drop in auction sales.

Leader Spotlight: Creating a seamless digital experience for luxury products, with Elizabeth Van Bergen - LogRocket Blog

Phillips created an omnichannel strategy to blend in-person and digital experiences for luxury art buyers, crucial for adapting to modern client needs.

Phillips auction house executive chairman Ed Dolman resigns

Long-time Phillips executive Ed Dolman resigns as chairman, marking continued leadership changes amid a drop in auction sales.

moreauction-houses

MISFITS MARKETS winter edition! - KALTBLUT Magazine

The TIN* art, crafts & trades market emphasizes community support and accessibility for marginalized artists, set for December 14th, 2024.

#art-basel

Don't Worry About Whether Art Basel Miami Beach Is Still Cool

Art Basel's allure has diminished; attendees often go out of obligation rather than true enthusiasm.

Trump 'bump' or Trump 'slump'? What dealers expect from the next four years

Art Basel Miami Beach reflects a mixed atmosphere of anticipatory grief regarding Trump's presidency, influencing yet not altering art sales significantly.

Don't Worry About Whether Art Basel Miami Beach Is Still Cool

Art Basel's allure has diminished; attendees often go out of obligation rather than true enthusiasm.

Trump 'bump' or Trump 'slump'? What dealers expect from the next four years

Art Basel Miami Beach reflects a mixed atmosphere of anticipatory grief regarding Trump's presidency, influencing yet not altering art sales significantly.

moreart-basel

Seven-figure works by Hammons, Kusama and others among first sales at Art Basel Miami Beach 2024

Dealers at Art Basel Miami Beach remain optimistic about the art market despite slower sales and global challenges.

Art Collector Who Bought a $6 Million Banana Offers to Buy 100,000 More

Justin Sun's plan to purchase 100,000 bananas from NYC faced numerous logistical and financial challenges, highlighting the disconnect between high art and street vending.

#rene-magritte

Trick of the light: the enduring appeal of Rene Magritte's big tease

Rene Magritte's painting 'Empire of Light' sold for a record-breaking $121 million, emphasizing how brand recognition influences contemporary art markets.

Magritte, Master of Surrealism, Joins the $100 Million Dollar Club

Rene Magritte's painting has made history by selling for over $100 million, underscoring his significance in the contemporary art market.

Auction houses expect this month's New York sales to bring in as much as $1.6bn

New York auction houses expect $1.2bn to $1.6bn from autumn sales, indicating a softening art market.

Trick of the light: the enduring appeal of Rene Magritte's big tease

Rene Magritte's painting 'Empire of Light' sold for a record-breaking $121 million, emphasizing how brand recognition influences contemporary art markets.

Magritte, Master of Surrealism, Joins the $100 Million Dollar Club

Rene Magritte's painting has made history by selling for over $100 million, underscoring his significance in the contemporary art market.

Auction houses expect this month's New York sales to bring in as much as $1.6bn

New York auction houses expect $1.2bn to $1.6bn from autumn sales, indicating a softening art market.

morerene-magritte

#cultural-heritage

Korean art market to benefit from new regulations

Recent regulatory changes in South Korea aim to enhance international visibility and accessibility for the country's artists.

European fake art network involving Banksys, Warhols, Modiglianis uncovered in Italy

A major art forgery network in Europe has been dismantled, potentially preventing €200 million in damages to the art market.

Korean art market to benefit from new regulations

Recent regulatory changes in South Korea aim to enhance international visibility and accessibility for the country's artists.

European fake art network involving Banksys, Warhols, Modiglianis uncovered in Italy

A major art forgery network in Europe has been dismantled, potentially preventing €200 million in damages to the art market.

morecultural-heritage

Should the Market for Keith Haring's Art Be Bigger?

The future reputation of Keith Haring may change with upcoming exhibitions, possibly closing the valuation gap with Basquiat.

Christie's and Sotheby's pin hopes for New York November sales on single-owner collections

The November sales in New York need to instill confidence amidst geopolitical uncertainties and a declining market trend for art.

Art Cologne faces economic gloom and a tough market ahead of VAT reduction

Art Cologne faces challenges due to a weakening German economy and global art market, but optimism remains for a successful fair this year.

Leonora Carrington's Mexico City home will no longer become a public museum

The university has abandoned plans to transform Leonora Carrington's home into a museum, citing a shift to a research center instead.

[ Load more ]

#art-market#art-market

Highlights From Art Basel Miami Beach 2024

David Geffen files countersuit against Justin Sun as collectors' fight over $78m Giacometti escalates

Famed sculptor Alexander Calder's grandson lied about damage to artwork, ambushed $8M sale: suit

Highlights From Art Basel Miami Beach 2024

David Geffen files countersuit against Justin Sun as collectors' fight over $78m Giacometti escalates

Famed sculptor Alexander Calder's grandson lied about damage to artwork, ambushed $8M sale: suit

Qatari sheikh wins case against Phoenix Ancient Art over allegedly forged antiquity

Leonardo Patterson, Disgraced Dealer in Latin American Artifacts, Dies at 82

Qatari sheikh wins case against Phoenix Ancient Art over allegedly forged antiquity

Leonardo Patterson, Disgraced Dealer in Latin American Artifacts, Dies at 82

New app for antiques dealers hopes to make streamlining inventory 'less daunting'

Is the art market coming to the end of the age of eternal growth?

Sotheby's made $6bn in 2024-but sales dropped for second consecutive year

Sotheby's made $6bn in 2024 as sales dropped for second consecutive year

Small but mighty: sales under $100,000 defy market

Christie's results are down 'only' 6% in 2024, 'despite challenging environment'

Is the art market coming to the end of the age of eternal growth?

Sotheby's made $6bn in 2024-but sales dropped for second consecutive year

Sotheby's made $6bn in 2024 as sales dropped for second consecutive year

Small but mighty: sales under $100,000 defy market

Christie's results are down 'only' 6% in 2024, 'despite challenging environment'

Trump turns on museums and libraries, the art market's 12% fall, Evie Hone and Mainie Jellett-podcast

Dallas Art Fair offers first test of collectors' appetites amid Trump's trade war

Trump turns on museums and libraries, the art market's 12% fall, Evie Hone and Mainie Jellett-podcast

Dallas Art Fair offers first test of collectors' appetites amid Trump's trade war

UK extends tax-free import period for art and antiques

Why five years after the pandemic, art fairs are still in recovery

UK extends tax-free import period for art and antiques

Why five years after the pandemic, art fairs are still in recovery

'Alarming situation': Tax issues dominate discussions at Milan's Miart fair

Jack Vettriano, immensely popular artist whose market success reflected 'an appetite for the glamorous', has died, aged 73

Cross-category exhibitions are gaining popularity, but do they pay off?

Want a limited edition artwork tattooed on your skin? Berlin is the place to go

It's One Banana, Michael. What Could It Cost? $6.2 Million?

Going bananas: Duct-taped fresh fruit sells for millions at Sotheby's

The Year Ahead 2025: market predictions, the big shows and openings-podcast

Jack Vettriano, immensely popular artist whose market success reflected 'an appetite for the glamorous', has died, aged 73

Cross-category exhibitions are gaining popularity, but do they pay off?

Want a limited edition artwork tattooed on your skin? Berlin is the place to go

It's One Banana, Michael. What Could It Cost? $6.2 Million?

Going bananas: Duct-taped fresh fruit sells for millions at Sotheby's

The Year Ahead 2025: market predictions, the big shows and openings-podcast

New York print fairs see new energy and an influx of young collectors

Long-Lost Klimt Portrays African Prince

Gustav Klimt's mysterious African prince portrait DW 03/21/2025

Long-Lost Klimt Portrays African Prince

Gustav Klimt's mysterious African prince portrait DW 03/21/2025

Latest round of money laundering penalties hit UK trade

The ten most expensive Vincent van Gogh paintings

Once the most expensive painting ever auctioned, has a long hidden Van Gogh portrait been rediscovered?

Matisse wanted to buy a Van Gogh portrait-instead, his brother bought a bicycle

The ten most expensive Vincent van Gogh paintings

Once the most expensive painting ever auctioned, has a long hidden Van Gogh portrait been rediscovered?

Matisse wanted to buy a Van Gogh portrait-instead, his brother bought a bicycle

Visitor numbers plunge at London art museums as Tate galleries lose 2.7 million in five years

One of central London's best art galleries has been forced to close

Visitor numbers plunge at London art museums as Tate galleries lose 2.7 million in five years

One of central London's best art galleries has been forced to close

Dealers feel justified in forging ahead with Los Angeles art week

London's oldest art fair celebrates its 40th anniversary

Tariff anxieties are no match for buoyant mood at Mexico City's Zona Maco

New satellite fair will bring 26 exhibitors to Santa Monica during Frieze Los Angeles

Dealers feel justified in forging ahead with Los Angeles art week

London's oldest art fair celebrates its 40th anniversary

Tariff anxieties are no match for buoyant mood at Mexico City's Zona Maco

New satellite fair will bring 26 exhibitors to Santa Monica during Frieze Los Angeles

Comment | 'Visiting Americans remain a force at Tefaf Maastricht'

How to Invest in Art

Christie's AI art auction reportedly exceeds expectations | TechCrunch

The Year in Review: art market slump squeezes biggest players and Frieze for sale

Comment | Popping the hood on the luxury car market

New York Old Masters sales fall just short of expectations at Christie's and Sotheby's amid 'tough' market

Christie's AI art auction reportedly exceeds expectations | TechCrunch

The Year in Review: art market slump squeezes biggest players and Frieze for sale

Comment | Popping the hood on the luxury car market

New York Old Masters sales fall just short of expectations at Christie's and Sotheby's amid 'tough' market

Works of uncertain authenticity offered at India Art Fair

Trump tariffs could hit Canadian art market hardest

Searching for the Afterparty - Where digital art goes when the cryptoart rave ends

#art-market
#art-market