Category: Art Market
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.
Is the sale of the De la Cruz Collection signaling the end of an era in the art market?
The international art market typically gains momentum in May, with major auctions in New York leading the way. However, this year saw a shortage of prestigious single-owner collections, raising concerns
DetailPhotofairs New York Fair Postponed Due to Market Conditions
Photofairs New York, the fair for lens-based and digital art that launched in September 2023 alongside The Armory Show, has announced the cancellation of its 2024 edition. Founded by Scott
DetailArt Basel Posts Successful First Day of Sales Despite Talk of ‘Doom-Porn’
The 2022 edition of Art Basel sparked talks of an impending market correction among the art trade. Now, two years later, signs of renewal are evident, with Agnes Denes’s “Honoring
DetailArt Basel’s High-Value Art Sales Reflecting Complex Market Trends
The art market is a complex and nuanced industry that defies simple explanations. Despite the hype around Art Basel’s big transactions, the market remains challenging for sellers. The ongoing market
DetailArtist Sues Dealer Over Stolen and Damaged Works, Including Queen Elizabeth II Portrait on Canadian Coins
Artist Susanna Blunt, known for her depiction of Queen Elizabeth II on Canadian coins, is suing a local dealer in Vancouver for damages. Blunt’s image of the Queen without her
DetailNew Art Fair Model: Bucolic Basel Social Club Adds Unique Layer
Drive 15 minutes south of the verdant Messeplatz to discover Basel Social Club, a unique art project that combines exhibition, sales platform, and social venue. The latest edition of Basel
DetailAndrew Fabricant, Gagosian’s COO, Departs Gallery
Art world power couple Andrew Fabricant and Laura Paulson have both departed from their senior roles at Gagosian gallery. Founder Larry Gagosian announced their exits in an email to staff
DetailBarbara Gladstone, Prominent New York Gallerist, Passes Away at 89
Barbara Gladstone, a prominent figure in the New York art market, passed away in Paris at the age of 89. She entered the contemporary art scene in the 1980s, opening
DetailIllegal Sales of Ivory and Rhino Horn Artefacts at New York Auction House Lead to Charges
Merces Gallery, an online auction business based in Great Neck, New York, and its owners, Grace Hu and Yincheng Wu, were indicted by the Manhattan District Attorney’s Office for engaging
DetailSurvey Finds Over 80% of Young, Wealthy Americans Interested in Art Collection
Wealthy art collectors are looking to seize opportunities in the current buyer’s market, as revealed in Bank of America’s latest survey of high-net-worth individuals in the US. The study highlights
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