Preview

Art market

News
Art market

Sotheby’s to auction Karl Lagerfeld’s collection in Monaco

The fashion designer, who died in 2019, was an enthusiastic collector of art and design

News
Commercial galleries

Poacher turned gamekeeper? Stefan Simchowitz opens Los Angeles gallery

“I support so many artists and I’d like to provide exhibition opportunities for them,” says the controversial dealer and art advisor

NFTs

What is NFT art? The Art Newspaper explains

Why people are paying millions for digital art all of a sudden

Podcast

Old Masters meet Brutalism: inside Frick Madison in New York

Plus, the story of a notorious forger and artist Collier Schorr on August Sander

News
Art market

‘Art enthusiasts’ burn a Banksy print then sell it as an NFT

Group who set fire to the $33,000 print have posted it on YouTube—watch the video here

Analysis
Art market

You’re fired! Art workers who have lost jobs report poor treatment by employers—and junior staff are most vulnerable

Some gallery and museum staff say they feel pressure to go into the workplace when they fear it is unsafe, while tough non-compete clauses can limit future employment options

Comment
Art market

Six reasons why Gamestop couldn’t happen in the art market

From lack of supply to prohibitive price points, it seems you can't short art... at least for now

News
Art market

Rediscovered portrait by India's most famous female painter Amrita Sher-Gil expected to sell for $2.8m

1932 painting of artist's close friend has been out of the public eye for over 90 years but now comes up for auction at Christie's in New York

News
Art market

Winston Churchill's painting of Marrakech—given to President Franklin D. Roosevelt and sold by Angelina Jolie—sells for record £8.2m

Tower of the Koutoubia Mosque was one of three works by the former British prime minister sold at Christie's tonight for a total of £11.2m—to the same buyer

News
Art market

The 'quintessential' Art Deco smoking (or vaping) room—yours for £2m

Jean Dunand's Les Palmiers was designed for a Parisian apartment in the 1930s

Feature
Obituaries

Thirty-seven years with Richard Feigen: the dealer who was a collector first—and sold to feed his habit

Frances Beatty remembers a mentor who would rather give you a lecture on Max Beckmann or Peter Saul than sell you a Van Gogh, but who could do both

Feature
Obituaries

Remembering Richard Feigen, the high-profile dealer with an outsider's straight-talking outlook on the art industry

New York gallerist railed against auction houses, the inflation of prices and reputations, the industrial expansion of the art market, while still doing great business

Blog
Adventures with Van Gogh

Bought for around $1,000, now worth $10m: where was the newly unveiled Van Gogh landscape hidden away?

Montmartre windmill painting is on view with Sotheby’s for the first time since it left the easel

News
Art market

After San Francisco loses Gagosian, the city's galleries are collaborating to survive

Mega-gallery's closure will not affect Californian city's small but vibrant art scene, local dealers say—this is "not a place that responds to grandiose braggadoci"

News
Art market

Is this video of Petr Davydtchenko devouring a live bat the first performance art NFT?

Or does the title belong to a crypto work by Pak, recently acquired by a Sotheby's specialist?

Podcast

WTF are NFTs? Why crypto is dominating the art market

Plus, artist Doug Aitken on composer Terry Riley

News
Auctions

Unseen Van Gogh painting of Paris—owned by one French family for a century—could make $10m at Sotheby’s

The rare work shows a distinctive pastoral side to the city's Montmartre neighbourhood

News
Art market

Sotheby's to sell the $150m collection of Texan rancher and philanthropist Anne Marion

The group of predominantly post-war art, including works by Clyfford Still and Andy Warhol, will be sold over a series of sales this spring

Blog
Art dealers

'It's like a marriage': Alvaro Barrington and Sadie Coles get frank about artist-dealer relationships

Interview
Art market

'It’s so important for women to have their own business right now': Ivy Crewdson on starting her art advisory

The daughter of sculptor Joel Shapiro, who grew up surrounded by art and artists, says she is "finally connecting the dots of her history"

Comment
Art market

Risky business: how new US sanctions regulations will actually impact the art market

The US government has the 'regulatory vacuum' in its sights—here is a guide to who will be affected and how

News
Art market

Hauser and Wirth's Menorcan 'quarantine island' will open in July with Mark Bradford show

Warning: contains graphic images of sun-drenched Balearic art idyll

News
Art market

First Paris sale of Christo and Jeanne-Claude’s art collection brings in nearly $10m

Works by the artists, and their friends, largely exceeded estimates in the white glove auction. Part two will take place tomorrow

News
Art fairs

Amid Covid-19 surge in UAE, Art Dubai fair moves dates and venue

Postponed fair will now host almost half as many galleries as heightened restrictions prevent international travel

News
Art market

‘The future of the art market’: Christie’s to become first major auction house to sell a standalone NFT work of art

With investors such as Elon Musk and Chamath Palihapitiya backing the purely digital art form, the trade is beginning to take notice

News
Art market

House of Frieze: fair company reveals more details about new London gallery space

No.9 Cork Street will launch in October, to be hired out to galleries for pop-up exhibitions and used for Frieze talks and events year round

News
The Art Newspaper Live

Can you game the art market? Sign up for our first Art Market Eye Live talk on 26 February to find out

Join our experts Georgina Adam, Anny Shaw and Anna Brady as they discuss whether a Gamestop-style short squeeze could happen in the art industry and a host of other headlines. Presented in partnership with Gurr Johns

News
Art market

Jean-Michel Basquiat's Warrior could become the most expensive Western work of art ever sold at auction in Asia

The 1982 painting will be sold in a single-lot evening sale at Christie's Hong Kong on 23 March with an estimate of $31m to $41m

News
Art market

English house museum Kettle's Yard to sell donated collection to raise funds

Group of 36 works left by John Ady is hoped to make around £35,000 for the Cambridge gallery when it sells at Cheffins auction house this month

News
Art market

Christie's closes access to historic archive due to staff cuts

The vast collection of auction catalogues dates back to Christie's very first sale in 1766 and has been an invaluable resource for dealers and academics

News
Art market

Will it ever happen? Inaugural Art SG postponed for a fourth time

The first edition of the Singapore fair, first announced in 2018, is now scheduled to happen in January 2022

News
Art market

Undeterred by claims of inauthenticity, Christie's Pre-Columbian sale will go ahead tomorrow

"Christie’s has not been provided with any evidence that would challenge the lawfulness of this sale," a representative says

Analysis
Art market

Pandemic prompts New York artists to leave the city in search of more affordable space

Tara Donovan, GaHee Park and artist-owners of Brooklyn's Elijah Wheat Showroom are among those who are leaving in pursuit of nature

Blog
Adventures with Van Gogh

Seller of $92m Botticelli also collected Van Gogh

Sheldon Solow’s Rhône riverscape is worth $40m—but what will happen to it now that the billionaire New York collector has died?

News
Art market

Hobby Lobby claims Israeli collector Joseph David Hackmey consigned allegedly looted Gilgamesh tablet to Christie's

The arts and crafts chain has amended its complaint regarding the ancient tablet, which it bought for at auction for $1.67m in 2014. It was seized by US authorities in 2019

News
Art market

Court awards New York dealer Asher Edelman $6.9m over failed deal allegedly involving member of the Abu Dhabi royal family

Mysterious case, involving an unpaid bill for Keith Haring and Edvard Munch works, had been running for years

News
Art market

New York's ADAA Art Show moves to November from 2021 and beyond

The fair is normally held at the Park Avenue Armory in February

News
Art market

'The London art world we started in could fit in a single pub': Frieze turns 30

The magazine and fair brand celebrates three decades with an online festival this month and launch of new membership programme

News
Imports and Exports

Roman bust seized in Germany after confusion around import laws for artefacts in transit

The bronze was taken because German law requires archaeological objects have export licences from the country of origin—but it was only travelling through to Austria from the US

News
Art market

What to do when the tourists leave town? How the UAE art scene has innovated during the pandemic

Although Art Dubai still plans to go ahead in March, the UK has just banned all flights to the emirates and international fairs are still out, so many UAE galleries are exploring new models

News
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

Analysis
Art market

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

News
Art market

‘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

Blog
Adventures with Van Gogh

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

Comment
Art market

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?

Podcast

New normal for Old Masters: Botticelli's record online sale and new AI research on Leonardo's Salvator Mundi

Plus, Gerard Byrne on his work inspired by a Swedish diorama

Review
Art market

'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

News
Auctions

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

News
Art market

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

News
Art market

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

News
Art market

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

Comment
Art Market Eye

Can Paris snatch the art market crown from London?

The French capital seems resurgent, but other elements may intervene

News
Cryptocurrency

NFTs: a new disruptor in the art market?

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

Comment
Art market

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

News
Object lessons

Object lessons: from a rare outing for an Old Testament Rembrandt to a Bernini double act

Our pick of highlights from New York's Master Week sales

News
Art market

Asia’s art fairs pin hopes on vaccine rollouts

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

Analysis
Art market

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

News
Art market

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

News
Commercial galleries

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

News
Art market

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

News
Art market

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

News
Art market

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

News
Art market

New York art dealer Helly Nahmad pardoned by Trump

Hours before leaving office, former US president granted a pardon to Nahmad, who pleaded guilty to a federal gambling charge in 2014 and owned an entire floor of Trump Tower

News
Art market

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

News
Auctions

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

Podcast

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

News
Art market

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

News
Law

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

News
Art fairs

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

News
Art market

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

Analysis
Art market

Blue-chip artists move over, here come the red chips

Art as a blue-chip investment has had its day, as buyers chase the latest "red-chip" names

News
Art market

French High Court orders retrial of Wildenstein art dynasty tax fraud case

Guy Wildenstein and his nephew were accused of hiding assets worth hundreds of millions but were acquitted in 2017 and 2018—now they are wanted back in court for a third trial

News
Art market

Lawsuit claims $100m damages in tangled case of hidden Russian art worth $60m

Shchukin Gallery and its lawyers file new lawsuit against Russian financier Rustam Iseev, his lawyer and a New York Supreme Court judge in bid to uncover location of paintings

Comment
Art market

How will US money laundering crackdown actually impact the art market? A lawyer explains

Congress is increasing its regulation of antiquities trade and while its powers are limited for now, change will come so the art industry must prepare

News
Art market

In a swift post-Brexit move, UK rejects EU’s strict import rules on cultural property

The rules, aimed at preventing trafficking, have been opposed by the trade and UK government's decision not to continue may put EU art market at a disadvantage

Comment
Art market

A Covid-19 silver lining? Let’s not return to family-unfriendly art business as usual

The industry could work better for mothers and fathers if it doesn’t go back to the out-of-hours, out-of-town way things were

News
Art market

In the battle against antiquities trafficking, Germany develops app to identify looted cultural heritage

Government-funded image-recognition software will enable law enforcers to work with international organisations

Comment
Diary of an art historian

Auction houses have finally entered the Amazon age—and I’m addicted

I thought I’d kicked my online art and antiques buying habit but too much lockdown screen time has been my undoing

Preview
The Year Ahead 2021

Art fairs in 2021—expect spring jitters, a summer crush and maybe even a return to some normality

After a year marked by cancellations, international fairs such as Art Basel, Frieze and Tefaf are vying for attention in an already crowded year

News
Art market

‘The well is drying up’—rare Rembrandt biblical work could fetch $30m at Sotheby's next month

‘Abraham and the Angels’ is one of only two Old Testament paintings to remain in private hands

News
Brexit

Art specialists pore over the Brexit trade deal—and deliver their verdict

Artist’s resale right, import VAT, red tape, and smuggling directives are addressed by our experts

News
Art market

UK 'tourist tax' will hit dealers of jewellery, silver and small pictures hard, trade body says

Lobby groups fear abolishing tax-free shopping will deter buyers from China, the Middle East and Russia at a cost of £6bn

Interview
Art market

A crisis hits the art market once a decade. What is different this time? Christie's president Dirk Boll assesses the impact of the pandemic

As his new book is published, the auction house chief compares coronavirus fallout to previous economic disasters

Blog
The Buck stopped here

'A global conversation'—in face of pandemic, 21 galleries launch a collaborative exhibition programme

News
Art market

Gallery asks collectors to give their discounts back to the artists

Los Angeles-based Commonwealth & Council has launched the Council Fund to help support artists' financial needs with the help of its clients

News
Art market

European auction houses weather crisis as customers spend millions on art online

Expecting the worst, French, German and Austrian auction houses have been surprised by how well sales have held up through the pandemic

News
Auctions

Warhol, Oldenburg, Fontana: star works from Christo and Jeanne-Claude collection go on the block

Proceeds from the pieces sold at Sotheby’s Paris in February will go towards the artist duo's estate

News
Art market

Tech-savvy Sotheby's $5bn global sales beat Christie's $4.4bn in 2020

The two rivals have made record online and private sales as pandemic overturns traditional live auction format

News
1-54 Contemporary African Art Fair

1-54 Contemporary African art fair pops up at Christie’s in Paris as Marrakech edition is postponed

French fair is a “one-off”, according to its founding director, though a good opportunity to “test the market”

Comment
Art market

How art world leaders can embrace new money laundering regulations and create a 'think risk' culture

Punishment for the new rules now falls on the art market's top dogs, says Sotheby’s founding global compliance director Rena Neville

Comment
Art Market Eye

Asian art market flies in the face of coronavirus

Why are Asians in hot pursuit of art, and what are they buying?

News
Art market

Organisers confident physical Art Dubai fair will go ahead in March 2021

It will be the first major international art fair to return to the art world calendar since the pandemic upended business around the world

News
Art market

Grime stars: paintings set new records for Domenico Ghirlandaio and Jan Davidsz de Heem despite being covered in dirt

Christie's end of season Old Masters evening sale in London totals £22.8m, despite last-minute withdrawal of Bernadino Luini's Nativity

News
Art market

With new Chelsea space, Nara Roesler expands Brazilian presence in New York

Gallery moves from Upper East Side to larger Chelsea space and will launch residency program to promote Brazilian curators in the US

Podcast

Brexit: how will it change the art market?

Plus, Neville Wakefield on John McCracken's planks

Blog
Diary

Abso-lot-ely fabulous: Joanna Lumley tries out her auctioneering skills at Christie’s

Star sold seven illustrations in aid of Roald Dahl’s Marvellous Children’s Charity

Analysis
Art market

‘We have to broaden our reach, be more interesting’: the year the Old Master trade went digital

The pandemic has forced a resolutely analogue trade to go digital. Despite the technical hurdles, the results have surprised even traditionalists

News
Deaccessioning

Union League Club of Chicago considers selling a prized Monet to stay afloat

The decision has divided members, but there are hopes the work might stay in the Windy City

News
Art market

Record for Barkley Hendricks and $18.2m Calder at otherwise unremarkable Sotheby’s sale

Almost half of the auction's total sales value was bought by Asian buyers, but 12 lots sold below their estimates