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.
Top April Art Sales to Watch in the Art Market
Bahman Mohasses, Untitled (Fifi) (1964) Bahman Mohasses, known as the “Persian Picasso”, created this masterpiece during a prolific phase of his artistic career. The painting features a faceless female character
DetailInigo Philbrick, Former Jailed Art Dealer, Released from Prison
Disgraced art dealer Inigo Philbrick, who pleaded guilty to an $86 million fraud and was sentenced to seven years in prison, has been released. Philbrick’s lawyer confirmed his release, stating
DetailNew Brazilian Gallery Martins&Montero Formed from Jaqueline Martins and Sé Merger
Jaqueline Martins and Maria Montero, two prominent Brazilian art dealers, are joining forces to create Martins&Montero, a new gallery venture. The merger will see the closure of their individual galleries
DetailWarhol and Basquiat Collaboration Painting Set to Sell for $18m at Sotheby’s in May
An upcoming highlight of the spring auction season at Sotheby’s in New York is a large canvas created as part of the high-profile collaboration between Andy Warhol and Jean-Michel Basquiat.
DetailAsia Week New York Sales Reach $100m, Experiencing 24% Decrease from 2023
This year’s Asia Week New York generated $100.8 million in sales, with participating galleries and auction houses reporting strong results. Despite a 24.1% decrease from last year’s sales, the event
DetailMonet Painting Owned by Nelson-Atkins Museum & Donor’s Descendants to be Sold at Auction
Claude Monet’s iconic painting “Moulin de Limetz” is set to be auctioned at Christie’s 20th century evening sale in New York, with an estimated price range of $18m to $25m.
DetailMonitoring Antitrust Lawsuit over Birkin Bags in the Contemporary Art Market: What Dealers and Collectors Need to Know
The luxury brand Hermès is facing a lawsuit in California over its sales strategy for the Birkin handbag, with allegations of antitrust violations. The lawsuit claims that customers are required
DetailDallas Art Fair Growth Mirrors City’s Thriving Art Scene
When it comes to the art market in Dallas, there’s a unique pace that sets it apart from other cities. Buyers in Dallas prefer to take their time, do research,
DetailFrench authorities seize suspected stolen Russian avant-garde paintings
French court bailiffs seized over 100 works attributed to Russian avant-garde artists in Paris suspecting they were stolen from a private collector. The seized works, estimated to be worth over
DetailBasquiat Paintings Set to Fetch Over $86m at Phillips Auction in May
Phillips will be offering three major Jean-Michel Basquiat paintings this spring from the collection of the late Italian anthropologist Francesco Pellizzi. The auction house estimates the paintings could sell for
Detail