Here Are 3 Trends That Show the Hong Kong Auction Market Is Booming for International Art

We examine three trend lines from the recent slate of Hong Kong sales to determine where the market is headed. Like a massive Companion balloon in Macy’s Thanksgiving Day Parade, the mind-boggling $14.8 million paid for a KAWSpainting in Hong Kong earlier this month upstaged every other result from Sotheby’s recent series of sales in the city. But […]

Want to Be a Crash-Proof Collector? Here Are 3 Things to Do to Stay Ahead of the Art Market During a Recession

Don’t be afraid to sell a masterpiece, look at the middle market, and more advice for cashing in on art when the stock market is falling. Nothing gold can stay, and every art-industry veteran understands that the good times don’t last forever. Beneath the big-money rumblings of last November’s New York auctions—a bellwether slate of […]

‘Jean-Michel Basquiat’ at the Brant Shows His Bifurcated Life

A few years ago, a plaza in Paris was named after the artist Jean-Michel Basquiat, the Brooklyn-born painter who became a global sensation in the early 1980s and died at 27 of a heroin overdose. No similar honor has been bestowed upon Basquiat by the City of New York. However, the opening of the Brant Foundation Art […]

NYT Review: ‘The Price of Everything’ Asks $56 Billion Questions About Art

“There are a lot of people who know the price of everything and the value of nothing,” the art collector Stefan Edlis remarks in Nathaniel Kahn’s new documentary. The words, unattributed in the film and the source of its title, come from “Lady Windermere’s Fan” by Oscar Wilde, where they supply the definition of a cynic. But […]

A Canadian Museum Promotes Indigenous Art. But Don’t Call It ‘Indian.’

Will a debate over terminology at the Art Gallery of Ontario help the progress of artists who are underrepresented in United States museums? TORONTO — A group of visitors young and old gathered at the Art Gallery of Ontario in front of a well-known Canadian painting the docent called “Church in Yuquot Village.” It was […]

Is Everything We Know About Gallery E-Commerce Wrong? How David Zwirner and Gagosian’s New Initiatives Break the Rules

With their new online viewing rooms, the mega-galleries are challenging ideas about what can (and can’t) sell online in a changing art market. Galleries have been offering works to buyers digitally since at least the early days of smartphones. But back then, emailed JPGs and PDF checklists were usually used to whet clients’ appetites for […]

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 […]

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 […]

Damien Hirst’s Post-Venice, Post-Truth World

The artist worked in secret on his first love, painting, for his new show. This is the anti-Venice, he says. LOS ANGELES — In army green camouflage and black sweats and with two heavy gold chains swinging with each step of his Nikes, Damien Hirst was in an unusually quiet mood. Sipping from a can […]

Young Painters Are Trying to Kill Me, Says the German Artist Albert Oehlen—But He’s Cool With It

As his new paintings and drawings go on view in Los Angeles and Berlin, the artist reflects on his experience as a young artist in Berlin in the ’70s. Albert Oehlen is something of a living legend. He might be 63, but his reputation as an enfant terrible remains. There’s something eternally youthful about the German painter, who first […]

Marcel Duchamp

If you were to make a list of who you believe are the most controversial artists in history, the name of Marcel Duchamp would be topping many of the lists. He was a French painter, sculptor, writer and a master chess player whose work is often associated with Dadaism and branches of conceptual art, although he does not really seem […]

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.

A New Documentary Reveals the Living, Breathing Joseph Beuys

For the first documentary ever made about Beuys, director Andres Veiel dug into the archives, creating a film that is 95% footage of the artist. The first major documentary on Joseph Beuys, simply titled Beuys, is finally screening in New York for a short run at Film Forum. The artist is often referred to as Germany’s most important artist since World War […]

The Four Tribes of Art Collectors

The most enjoyable part of leading the art division of a private bank is working with the great characters of the art market. In my experience, serious collectors tend to fall into one of four “tribes,” each with their own behaviors, insecurities, strengths, and motivations for seeking, acquiring, and appreciating art. You may recognize them […]

What Happened After Mexico’s Greatest Architect Was Turned Into a Diamond

On April 27th, more than a hundred people gathered in the underground auditorium of a prestigious contemporary-art museum in Mexico City. Those who couldn’t find seats lingered outside, watching a live video feed of what was transpiring within; more than seventy thousand others streamed the proceedings at home. For almost two hours, the audience looked on […]

Damien Hirst to show new spot paintings at 18th-century mansion

Exhibition of Colour Space paintings will open in March in the gilded state rooms of Houghton Hall in Norfolk. Damien Hirst is to take over the spectacular gilded state rooms of Britain’s finest Palladian mansion to show a new series of his long-running spot paintings. The Colour Space works, two of which can be seen here […]

New Damien Hirst Paintings to Be Exhibited in Stately British Home

The British artist Damien Hirst will exhibit new works from his series of spot paintings at a stately home in Britain. The exhibition, titled “Colour Space,” will open in March at Houghton Hall in Norfolk, in the southeast of England; the mansion was built in the 1720s for Britain’s first prime minister, Robert Walpole. Roughly 50 of […]

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 […]

“Casting it in Plaster Monumentalized a Space That is Ignored”: Rachel Whiteread on the Sculptural Elements of Emptiness

British minimalist sculptor Rachel Whiteread (b. 1963) is known for her innovative use of negative space as sculptural object.  Most renowned for her plaster casts of architectural spaces and utilitarian found objects, Whiteread’s haunting, tomb-like works evoke themes of loss, memory, and invisibility.  Whiteread’s work is currently on view at Monnaie de Paris as part of the Women House Exhibition, which […]