Laing Brown on Collecting Contemporary Art

Sunday  May 28  2:00 – 3:30 – New Media Gallery Talk Laing Brown Talk: Collecting Contemporary Art New Media Gallery is delighted to welcome Laing Brown who will share his extensive experience, personal insights and passion for art in an enjoyable and accessible talk: Collecting Contemporary Art.  Laing lays out the 10 RULES for collecting  contemporary art, and will speak to […]

The art buyer’s dilemma: How to pass on your collection

Art collectors face a dilemma as they update their estate plans: What to do with a collection that is potentially worth hundreds of thousands or even millions of dollars? Whether they’ve bought the pieces as an investment or to fuel a passion, collectors heading into their retirement years are trying to figure out whether to […]

Art Goes Political, but Will That Fly on the London Market?

This will be remembered as a year when art got seriously political. The Whitney Biennial in New York and the inaugural Athens edition of Documenta are just two of the high-profile exhibitions trying to convey and confront the tumult of our times. Dana Schutz’s painting “Open Casket,” showing the mutilated corpse of Emmett Till, the […]

One Man’s Trash Is Damien Hirst’s Treasure: In Venice, the Artist Offers His Grandest Work Yet

Damien Hirst sold a lie, and he sold it very well. In the weeks leading up to his grand exhibition that now occupies all of the Punta Della Dogana and Palazzo Grassi in Venice, he gave out very little information: just a series of teasers on social media—Instagram footage of divers resurrecting unknown objects from […]

Here’s Why Damien Hirst’s Art Market Is Not as Terrible as It Looks

A deep dive into the British artist’s prices as he attempts a comeback. After years of sluggish auction prices, is Damien Hirst poised for a comeback? In 2008, the British artist bypassed the gallery system to bring 167 newly created artworks straight to the auction block. The unprecedented sale upended every market convention and raked […]

Damien Hirst, Treasures from the Wreck of the Unbelievable, review: this spectacular failure could be the shipwreck of his career

After months of speculation, rumour, and stage-managed hype, Damien Hirst’s latest extravaganza is finally opening in Venice – and, my goodness, it’s enormous. With 190 works of art, displayed across 54,000 square feet of gallery space, Treasures from the Wreck of the Unbelievable, as the exhibition is called, is arranged across two venues: Palazzo Grassi, […]

‘What Next?’ an Uncertain Art World Asks, Sticking to Proven Brands

LONDON — The art market is almost as old as art itself. But it’s only in the last decade or so, with increased globalization, digitization and the rise of art as a multibillion-dollar investment vehicle, that the market has been viewed as an industry. And where there is industry, conferences are sure to follow. On […]

Damien Hirst’s Incredible Shipwreck Treasures Show in Venice

It’s not hard to see why Damien Hirst’s latest project has been hailed as the British artist’s most important to date. And in fact it is so ambitious and such a departure from anything else he has done that it could just be the work that cements his status as one of the greatest artists […]

Treasures from the Wreck of the Unbelievable, exhibition review: A triumphant return from Damien Hirst

Damien Hirst’s triumphant comeback show in Venice is a timely reflection on fakery, belief, truth and absolutes. Damien Hirst’s new show in Venice, Treasures from the Wreck of the Unbelievable, is a complicated triumph. The labels for the works on display, dozens of objects, many enormous, depicting mythological beings — monsters, ancient royalty, maiden warriors, […]

Recent London Gallery Closures Show Struggle at Art Market’s Middle

Ever since the global financial crisis of 2008 and the art market’s subsequent decline a year later, the middle market has come under increasing pressure. According to economist Clare McAndrew’s Art Market | 2017 report, the middle market—defined for dealers as works priced between $5,000 and $50,000—is the “most difficult segment” in which to operate. […]

Damien Hirst: Treasures from the Wreck of the Unbelievable review – a titanic return

Art is magical. It is a fairytale. It can make you rich. It can make you poor. It can turn everything you thought you knew inside out and upside down. It has made Damien Hirst rich, colossally so, and now it has done something else. It has redeemed him. For years he has appeared a […]

Has the Art Market Become an Unwitting Partner in Crime?

When you sell your home the paperwork details the sale, including your name, and the title search lists the names of the people who owned the property before you. But when someone sells an artwork at auction — even something worth $100 million, much more than your house — the identity is typically concealed. Oh, […]

How the Met’s [1971] Sale of a Max Beckmann Painting Changed US Museums

Beckmann’s “Self-Portrait with Cigarette” belonged to the Metropolitan Museum until 1971, when its deaccession set off a series of disputes that reshaped museum practices. The moment Adolf Hitler’s voice burst over the airwaves one summer night in 1937 declaring steadfast opposition to so-called “degenerate art,” 53-year-old painter Max Beckmann knew his time in his native […]

Why the Upper East Side Is the Best Place to See Art in New York

Artspace Article Published: April 3, 2016: Stretched out alongside the east flank of Central Park like a satisfied cat lying in the sun, the Upper East Side—longtime home to tycoons and celebrities—is still the most luxe neighborhood in New York City, where foreign billionaires plant their money in $100 million manses and ridiculous trend stories […]

All the Artists and National Pavilions in the 2017 Venice Biennale

The 57th edition of the Venice Biennale, titled “Viva Arte Viva” by curator Christine Macel, has released the list of 120 participating artists and its national pavilions. “In a world full of conflicts and jolts, in which humanism is being seriously jeopardized, art is the most precious part of the human being,” Macel has said […]

Welcome to the Garden of Forking Paths: Ed Winkleman on How to Navigate the Art Industry’s Strange New Landscape

There’s no question that contemporary art galleries are struggling these days. The market is sluggish, the essential handshake-based rules of the art trade are being confused by the proliferation of artworks on the internet, and, at the same time, competition for artists and a globalizing terrain are forcing dealers to take on more costs by […]

Everything You Need to Know about the Certificate of Authenticity

Apart from offering human kind the possibility to express its imaginative and technical skills, art has also evolved to become proper trading business. As such, it has a market of buyers and sellers, but it is the certificate of authenticity or COA that represents the most important aspect of the circulation of artworks today. Over […]

The Ultimate Outline of the 20th Century Art

There is no doubt that the 20th century art was all about changing perspective. The artist’s way of seeing and therefore understanding things has been changing and continues to do so even in this day and age. The new, experimental approach to perspective was pursued both directly and implicitly. Painters and sculptors had abandoned linear […]

Why the ‘Uber effect’ is proving elusive for online platforms

Barely a month goes by without the launch of an online initiative that aims to disrupt the art market and bring the “Uber and Airbnb effect” to art transactions. But witness the crowds pacing the aisles at a big-league art fair, or spilling out of the salesrooms during the evening auctions, and the impact of […]

How the Artist Adrian Ghenie Became an Auction Star

Many say it was the 2011 exhibition at the Palazzo Grassi museum in Venice that first ignited art buyers’ interest in a young Romanian artist named Adrian Ghenie, whose heavy palette-knife paintings are haunted by historical figures like Stalin, Hitler and the Nazi doctor Josef Mengele. Then, in 2015, Mr. Ghenie drew more attention when […]