Discover the latest trends in global art markets, artwork valuations, and investment opportunities in our Art Market category. Stay updated with in-depth analyses, news, and insights on the works of influential artists shaping the art world.

Ken Griffin Purchases Stegosaurus Skeleton for $45 Million at Sotheby’s

A rare dinosaur skeleton, dubbed Apex, recently sold for a record-breaking $44.6 million at Sotheby’s New York, making it the most valuable fossil ever to be sold at auction. The

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US Officials Recover Allegedly Misappropriated $1.2m Picasso Drawing

US officials have reached an agreement with the former general counsel of Malaysia’s scandal-ridden sovereign investment development fund to recover a $1.2 million drawing by Pablo Picasso, allegedly purchased with

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Top Highlights from The Armory Show’s 30th-Anniversary Edition in Galleries

The 30th anniversary of New York’s largest commercial art fair, The Armory Show, is approaching, signaling a new chapter under the direction of Frieze. This year’s edition will feature over

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How a new US art fair nearly reached capacity without transactions

Upstate Art Weekend, the annual summer series celebrating arts and culture north of New York City, has grown significantly since its inception in 2020. The 2024 edition welcomed over 140

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Sotheby’s opens versatile space in Hong Kong business district

Sotheby’s Asia has unveiled its highly anticipated Maison space in Hong Kong, showcasing two non-selling exhibitions. The 24,000 sq. ft space in the Landmark Chater building features a street-facing ground

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White Cube London Terminates 38 Invigilators, Including Artists and Students

White Cube gallery in London recently let go of almost 40 invigilators, many of whom were artists and students on zero hours contracts. This decision has sparked controversy as the

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Former Luxury Goods Head Appointed as Global Chief Executive at Bonhams

Chabi Nouri, a Swiss luxury goods and private equity expert, has been appointed as the new global CEO of Bonhams auction house. With a background in luxury goods and retail,

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Exploring Ukrainian Artists Living in Warzones: New York City’s First Ukrainian Art Gallery

Artem Yalanskiy, with a background in sports management and mixed martial arts, opened Mriya gallery in New York to promote Ukrainian contemporary art. The gallery, situated in Tribeca, showcases artwork

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From Blue Collar to Blue Chip: A Journey of an Emerging Artist in the Art Market

Bony Ramirez, a self-taught artist from the Dominican Republic, has come a long way from his days as a construction worker in New Jersey. His solo exhibition, “Cattleya,” curated by

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Abu Dhabi Sovereign Wealth Fund to Acquire Stake in Sotheby’s

Abu Dhabi’s sovereign wealth fund, ADQ, has secured a deal with Sotheby’s owner, French-Israeli telecoms tycoon Patrick Drahi, for a minority stake in the auction house. The transaction is set

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