Preview

Art market

News
Art market

Amy Cappellazzo becomes head of expanded Fine Arts division as Sotheby's restructures

While her role grows to cover departments such as Old Masters, second global division will include luxury objects and decorative art, jewellery and wine

News
Art market

Sotheby's wins case over 'modern forgery' Frans Hals

Consigner of problematic painting must repay auction house for reimbursement to American client

News
Art market

Art Berlin is scrapped due to venue uncertainty and lack of profits

Organiser of German fair describes cancellation as "regrettable"

Comment
Lawsuits

Dodgy dealers beware: anti-fraud lawsuits are on the rise

A spate of fraudulent agents in the dock this year give the art trade a bad image—even if only a few individuals are involved

Analysis
The Year in Review 2019

From cancelled fairs to street art's auction room takeover: the art market's fruitiest stories of 2019

We look back at the stories that have overturned the art world order this year

News
Appointments & departures

Frieze LA director Bettina Korek appointed chief executive of Serpentine Galleries

Los Angeles art veteran takes the reins at the London institution in its 50th anniversary year

News
Appointments & departures

Charles Saumarez Smith steps down as senior director at Blain Southern

Gallery is going through a “period of restructuring”, according to founder Harry Blain

News
Art Basel in Miami Beach 2019

Text and slogan 'statement pieces' draw Instagram crowd to Art Basel

But it's not all about selfies, many art pieces with a motto carry a socially conscious message

News
Art Basel in Miami Beach 2019

Montreal dealer Robert Landau to move his headquarters to Lucerne in 2022

He has secured a 40-year lease on a 35,000 sq. m castle-like complex, with plans to create a sculpture park and private freeport

News
Art Basel in Miami Beach 2019

Discounts give younger galleries a leg up at Art Basel in Miami Beach

A 20% fee reduction for new galleries exhibiting contemporary art has enabled smaller players to join the fair's main section

Analysis
Art market

'Christmas dinner without the turkey': little festive cheer at Sotheby's Old Masters sale

December auction generates less than half the total of last year's sale, with several lots failing to sell

News
Art Basel in Miami Beach 2019

South American galleries face down turmoil

Civil unrest and economic shifts have Latin American dealers doubling down on Miami's international market

News
Art Basel in Miami Beach 2019

UBS survey finds millennials are becoming more environmentally conscious in their art buying habits

Not collecting sustainably? OK, boomer

Analysis
Art market

Tiepolo and Giovanni di Paolo spark excitement in underpowered Christie’s Old Master sale

Auction raised more than last year but supply still limited as Brexit-dominated general election looms

News
Art market

Rare Tahitian painting by Gauguin sells for €9.5m at Artcurial in Paris

Te Bourao II, which went to an international collector, was on loan to the Met in New York for ten years

Analysis
Immersive experiences

Snap and go: the pros and cons of the art experience economy

Immersive experiences define the most popular contemporary exhibitions, but where does this leave the commercial art world?

News
Art market

Portrait commissioned by Charles Dickens, unseen for a century, goes on sale at Sotheby's London

The artist William Powell Frith 'almost collapsed' at the honour of being commissioned by the famous writer to paint his heroine Kate Nickleby

News
Art market

Perrotin moves Hong Kong gallery to Kowloon—but it has nothing to do with the protests

The gallery will relocate to a new cultural and residential district developed by billionaire collector Adrian Cheng

News
Art market

Rediscovered Rubens to star in Sotheby's Old Masters sale in New York

Painting depicting the Holy Family in an evening landscape has been owned by a Manhattan family for more than 60 years

Interview
Art dealers

‘I just wanted people’s attention’: dealer Mariane Ibrahim on championing young artists of the African diaspora

Ahead of her debut at Art Basel in Miami Beach, the Chicago-based gallerist walks us through her journey from marketing McDonald's to setting up shop in Seattle

Preview
Art fairs

Fees revamp brings new blood to Art Basel in Miami Beach

Over a dozen galleries will join the fair's main Galleries section for the first time

Comment
Art market

Comment | Why are we seeing so many counterfeits?

Artistic fraudsters are still pushing their luck—creating works ranging from the barely believable to the downright hilarious

News
Forgeries

Bankrupt 'playboy' James Stunt attempted to borrow £40m against works of art claimed to be forgeries

The former husband of heiress Petra Ecclestone owes £5m in debt including an unpaid sum of £3.9m to Christie's

Preview
Art fairs

Untitled art fair takes on the human cost of climate crisis

Exhibitors and special projects at the Miami Beach fair will tackle both the global and local ramifications of a planet in serious peril

News
Art market

Beaufort Securities broker pleads guilty to fraud involving art

Global money laundering scheme allegedly attempted to use Picasso to "clean up" £6.7m for undercover FBI agent

Blog
Diary

Is this a previously unknown portrait of Queen Elizabeth I?

Analysis
Sotheby's

Sotheby’s at the crossroads: new owner, new chief executive, new era

Will new management be able to grow the newly privatised auction house on a tight budget?

News
Art market

Lifting the lid on auction house salaries: how long would it take an intern to earn Tad Smith's $28.2m Sotheby's payout?

Executive salaries rises, while junior staff struggle to move up the ladder

News
Art market

'Challenging' art market hits Momart's revenue

Art logistics firm's results are down due to "Brexit related and global uncertainty", sharply reducing activity among commercial galleries and auction houses

Comment
Art market

'We felt we had to make a choice and we chose scholarship': why Galerie St. Etienne went non-profit

Jane Kallir explains why, after 80 years as a commercial enterprise, the New York gallery has become a foundation

News
Art market

At $6.8m, Picasso hits the high mark at Toronto sale

Portrait of Dora Maar eclipses other auction offerings at Heffel

Analysis
Art market

Randomness rules New York's $42m American art sales

Small works won out at Sotheby's and Christie's as top lots went for their low estimates or were withdrawn

News
Commercial galleries

Cheap rents and larger spaces: Barcelona suburb tries to entice dealers out of the city

Some galleries have moved to the industrial warehouse L’Hospitalet but others say it is too far out of the commercial centre

News
Art market

Marina Abramovic’s The Life to become first mixed reality work ever auctioned

Christie’s will sell the piece with a £600,000 price tag next October to coincide with artist’s Royal Academy retrospective

Blog
Diary

Sotheby’s to offer space snaps online

Preview
Art fairs

After years of debt and disaster, Puerto Rico’s Meca art fair offers economic boon

Opening this week in San Juan, the third edition of the event hopes to help the region on the road to recovery

News
Art fairs

Collector and patron Kamiar Maleki appointed director of Volta and Pulse art fairs

The two events have recently come under the same ownership although there are no plans to merge them—yet

Analysis
Auctions

New York's autumn sales were subdued but not necessarily septic

Overall sales were down by around 30% but beyond the disappointing headline figures, women and minority artists shone

Review
Art fairs

Still very much a local (af)fair: Art Düsseldorf's Asian promise is yet to come to fruition

Strong German collector base attracts European and US galleries but the the influx of international dealers and visitors is only a trickle

News
Banksy

Banksy’s The Drinker withdrawn from Sotheby’s sale after rival artist claims ownership

Sculpture—estimated at £1m—was removed from the street by Andy Link in 2004 but later “liberated” from his East End garden

News
Banksy

Artist who ‘kidnapped’ Banksy's The Drinker claims ownership ahead of Sotheby's sale

Andy Link says sculpture for which he demanded £5,000 in ransom was later stolen from him. Banksy’s former dealer says otherwise

Podcast

Anselm Kiefer interview. Plus, New York auction 'gigaweek'

We talk to German artist Anselm Kiefer about his new works inspired by String Theory and ask expert Scott Reyburn why the art market is treading water. Produced in association with Bonhams, auctioneers since 1793

Auctions

Hammer Time: Sotheby's picks up the pace during a sluggish art week with $270.7m contemporary art sale

Record prices were set for Charles White, Brice Marden, and Wayne Thiebaud, while a Clyfford Still painting prompted a prolonged bidding war

News
Art market

Carved from a youth centre's walls, Keith Haring mural sells at Bonhams New York for $3.86m

The Grace House Mural becomes the first and only such site-specific work by the artist to be sold at auction

News
Commercial galleries

Helen Molesworth to collaborate with Jack Shainman on summer programming

The curator is organising “Feedback” for the gallery’s Upstate New York satellite space, marking her first major curatorial project since leaving LA’s Moca

News
Hong Kong

Uncertainty hangs over Para Site’s fundraising auction as Hong Kong protests escalate

The non-profit art space derives half its annual income from the charity gala which last year raised a record HK$7.8m

News
Art market

UK buyer bags Artemisia Gentileschi painting for a record €4.8m in Paris

Work depicting Roman heroine Lucretia was in a private collection for 40 years

News
Vincent Van Gogh

Two Dutch museums join forces to buy rare, $3m Van Gogh painting at Sotheby's New York

Work acquired by Van Gogh Museum in Amsterdam and the Drents Museum in Assen is one of few to survive from the artist's visit to Drenthe

Auctions

Hammer Time: records set but reserves remain low at Christie's post-war and contemporary art sale

Ed Ruscha's visual pun Hurting the Word Radio #2 rose to $46m, a new world record for the artist, but most lots barely reached their estimate in a slow sales season

News
Art fairs

Fine Arts Paris to expand with new investment, but will it rival the city's Biennale?

New partnership with Connaissance des Arts magazine announced as third edition of the fair opens

Auctions

Hammer Time: consistency and caution are key at Sotheby's Impressionist and Modern evening sale

The newly private auction house led the night's lots with its known money-maker Claude Monet, and set a world record for the Polish artist Tamara de Lempicka

Comment
Auctions

The complicated history of Boccioni sculpture is no barrier to record price at Christie's in New York

Futurist bronze sculpture cast from another bronze in the 1970s sells for $16.2m—four times its estimate

News
Art market

Abuse of diplomatic privilege? How missing art has been linked to embassy officials

Recent cases involving stolen art have raised questions over the behaviour of diplomats

Auctions

Hammer Time: Christie's Impressionist and Modern evening sale November 2019

In our new video series, deputy art market editor Margaret Carrigan recaps the highlights of New York's billion-dollar auction week

Review
Art market

Also Known As Africa fair draws crowds but lacks big galleries—for now

Parisian fair dedicated to contemporary African art is gaining momentum in its fourth edition

Analysis
Auctions

Countdown to the auction block: one Rodin's journey from consignment to sale room

How a work of art comes to auction is far from a simple process and its place in the eventual sale order is crucial

Interview
Art market

In person | Cheyenne Westphal on swapping the drama of Sotheby’s for the challenge of growing Phillips

The chairman of Phillips explains what it takes to succeed in the auction business

Preview
Art market

Confidence may be low, but New York's auctions are aiming high

Can the quality of the smaller works coming up during "gigaweek" quell economic jitters?

Comment
Hong Kong

Hong Kong art market profits despite protestors’ pain

If not immune to geopolitical unrest, then perhaps art is a refuge for money that is struggling to find its way into other assets

Review
Fairs

Premium vintage prints dominate Paris Photo

The world's largest photography fair aims to champion diversity and young blood, but new works from the medium's biggest names tower over this year's edition

Blog
Adventures with Van Gogh

For sale: two Van Gogh paintings come up at Sotheby’s New York next week

One of the works was looted by the Nazis from Jewish collector Jacques Goudstikker, but is now being sold by his heir after restitution

News
Stolen art

Los Angeles police recover $800,000 worth of stolen lithographs by Scottish artist Benjamin Creme

Missing since 2012, around 1,300 prints have been returned to their rightful owner, who used to sell Creme's works

News
Art market

Brafa to auction section of the Berlin Wall for charity

Five graffitied segments were bought by the non-profit Brussels art fair last year and will be exhibited at the event next year

News
Art market

Judicial review of UK Ivory Act rejected

After months of fundraising to bring legal action, judge dismisses antiques trade's objections to upcoming ban

News
Art market

'The nothings that threaten everything': how Banksy, Kaws and other street artists are shaking up the art world

Instagram power and the rise of the consumer collector are turning the art world upside down

News
Blockchain

Artory partners with the Winston Art Group appraisal firm to offer free vetting services

The partnership is the latest collaboration undertaken by the growing blockchain-based art registry to increase “transparency” in the art market

News
Auctions

A portrait of Rembrandt sold for more than 30 times its estimate—could it be by the Dutch master himself?

High price for painting at Christie’s in New York last week is prompting speculation but expert says his money is on Isaac de Jouderville

Preview
Fairs

Paris Photo turns its lens on youth in preparation for 2020 New York launch

Photography fair opens this week in French capital with a section focussing on marginalised artists

Preview
Art market

Slowdown, what slowdown? Shanghai launches biggest art week yet

Inaugural government-backed Shanghai International Artwork Trading Month aims to boost city's art market as economy takes a turn

News
Art market

London dealers Graham Southern and Harry Blain part ways

Blain Southern gallery is undergoing restructuring but “remains committed to its artists”, Blain says

News
Art fairs

A mix of old and new brings fresh collectors to Tefaf New York Fall though sales remain slow

Attempting to capitalise on the crossover collecting trend, the fourth edition of the Dutch fair brings in Modern and contemporary art to complement its historical focus