Private Sales Offer Art for a Few Eyes Only

Private sales through auction houses are suddenly big, but are they new? “It was something that was kept under wraps at most of the houses for some time,” said David Schrader, who joined Sotheby’s last year as its head of private sales for contemporary art. “Now we’re being very vocal about it and putting more […]

A leap into space: Malevich’s Suprematist Composition

How this 1916 canvas, included in every major survey of Malevich’s Suprematist works mounted during his lifetime, revolutionised modern art. On 15 May it is offered in the Impressionist and Modern Art Evening Sale  in New York. On 17 December 1915, a series of new paintings by the Russo-Polish artist Kazimir Malevich (1878-1935) was exhibited in the Dobychina Art […]

How Is Western Art Really Faring in Asia? 3 Trendlines From Hong Kong’s Spring Auctions Reveal the Changing Market

Asian, postwar, and fine art are by far the most bankable categories in Hong Kong. In recent years, Hong Kong has transformed in the eyes of the Western art industry. Formerly a destination that warranted attention primarily during Art Basel Hong Kong and a few scattered auctions, the region now hosts permanent spaces from many of […]

5 Post-War Italian Artists to Know

An essential introduction to Italy’s most collectible names ahead of April’s modern and contemporary art auctions in Milan. Born in Turin in 1940, Alighiero Boetti is today recognized as one of Italy’s most important conceptual artists, and was a leading figure in the Arte Povera movement that revolutionized contemporary art at the end of the […]

How to Tell if an Artwork is Fake

Confirming the authenticity of an artwork crucial before buying. We give 5 key factors to consider and uncover some of the most shocking forgery cases in art history The notion of a forger conjures up a the image of a cartoonish criminal painting a knock-off da Vinci in some kind of darkened attic. But many […]

Team Gallery’s Jose Freire on Why He Is Quitting Art Fairs for Good – Part I

The veteran art dealer explains why he has soured on the art market’s central apparatus. The central driver of the modern-day art market, at least when it comes to galleries, is art fairs. They promise efficiency: for a hefty booth fee (plus travel and shipping costs), dealers from around the world can convene in a […]

Georg Baselitz Celebrates His 80th Birthday With a Berlin Gallery Show Packed With Museum Masterpieces

Why It’s Worth a Look: Marking the artist’s 80th birthday, this exhibition brings together significant works loaned from institutions and private collections, spanning the breadth of Baselitz’s long career. One of Germany’s most significant and celebrated artists, Baselitz is a part of a generation of artists that reinvented German painting in an era that was struggling […]

Why Frieze Los Angeles Would Be Dead on Arrival (and Other Insights)

This week, our columnist draws on his LA gallery experience to chart the pitfalls of Frieze’s potential westward expansion. THE RUMOR On Thursday, Charlotte Burns and Allan Schwartzman reported in Art Agency, Partners’s “In Other Words” newsletter that “the Frieze Art Fair is looking to launch a Los Angeles event in January 2019.” A Frieze […]

State of the Culture, IV: Why the ‘Art World’ as We Know It Is Ending

In Part I of this series on the State of the Culture, I looked at the changing environment for museums; Part II was dedicated to the changing rules for artists; Part III examined the new dynamics of art media. In Part IV, I try to sum things up. Flaubert’s Dictionary of Received Ideas is a kind of parody of 19th-century cocktail-party clichés. There’s an […]

The Artist Who Invented the Upside-Down Painting

The market is on the up for Georg Baselitz, one of the world’s greatest-living painters, who celebrates his 80th birthday this year Expelled from art school aged 18, Georg Baselitz has gained a reputation as a provocateur, creating works that cause scandal and turn conventional approaches to painting, quite literally, on their head. Baselitz’s 80th birthday in January […]

Damien Hirst on his greatest career move – breaking into his neighbour’s home

He was living in a squat and stuck in a creative rut. Then one day, concerned for his neighbour’s safety, he broke into his house. What he found there triggered an artistic explosion. In the early 1980s, I was living in a squat in White Hart Lane with a painter friend, trying to put enough […]

Business, But Not As Usual

Tension in the Tectonic Plates Underlying the Market.  Everything you ever wanted to know about the art market but didn’t know who to ask The good news: the figures are big, demand is deep and there are more collectors buying art than ever. Meanwhile, there is real tension in the tectonic plates underlying the market. This […]

5 Disruptive Trends Art Galleries Need to Understand If They Want to Survive

At this year’s Talking Galleries symposium in Barcelona, the debates boiled down to a few core issues. Here they are: 1. The Scale and Pace of the Gallery Sector Have Become Cancerous for Many. 2. Different Tiers of Galleries Are Now Playing Different Games With Different Rules. 3. The Art Industry Must Break Out of […]

Attention, Art Collectors: Here Is the Definitive Calendar of International Art Fairs for 2018

With the explosion of art fairs around the world, there’s only one way for the most enterprising collectors to navigate the year: strategize, strategize, strategize. To help, we’ve compiled a list of the most significant art fairs around the world, from New York to New Delhi.

Should Museums Be Allowed to Sell Donated Works of Art?

Pity the big-time art collector (really!). All that time and money building a collection of art that is apt to go away just before or just after the collector dies. Because, when planning their estates, the three typical options for them are: The art can be willed to heirs who, if they like their parent’s […]

From Van Gogh to Richter—what happens when bidders fail to pay up at auction?

Flaky winning bids are knocking the gloss off record-breaking sales. Shortly before Christie’s sale of post-war and contemporary art in New York on 15 November 2017, the auction house learnt of a potential new bidder: a little-known Saudi prince, Bader bin Abdullah bin Mohammed bin Farhan al-Saud. According to the New York Times, a scramble […]

Andreas Gursky review – godlike visions from the great chronicler of our age

Hayward Gallery, London From raves to road trips, from the icecaps to the trading floor, from Amazon to the Rhine, these breathtaking panoramas take aim at globalism – and reinvent the very notion of photography. Over the last two decades, Andreas Gursky has become the most significant image-maker of our time. Not just for the […]

How to sell a billion worth of art

This is Masters in Business with Barry Ritholtz on Bloomberg Radio.   BARRY RITHOLTZ, ANCHOR, BLOOMBERG:  This week on the podcast I have a special guest.  Her name is Brooke Lampley.  She was the former head of impressionist and modern art at Christie’s.  She is the incoming Chairperson of Fine Art Sotheby’s and this is a […]

The Kippenberger Conundrum: How the Wildly Prolific Artist’s Artist Became an Eight-Figure Auction Darling

It was the peak of the 2014 fall auction season in New York, and though nearly two decades had gone by since Martin Kippenberger’s death of liver failure in 1997, the artist’s market had never been hotter. Prior to its bellwether postwar and contemporary evening sale, Christie’s had set the estimate for a prized 1988 […]

Galleries hit by cyber crime wave

Hackers are stealing large sums of money from art galleries and their clients using a straightforward email deception. The Art Newspaper has so far identified nine galleries or individuals targeted by this scam. They include Hauser & Wirth, the London-based dealers Simon Lee, Thomas Dane, Rosenfeld Porcini and Laura Bartlett and, in the US, Tony […]