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 […]

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 […]

‘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: 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 […]

A Luminous Look at Turner’s Port Paintings

An exhibition at the Frick Collection unites for the first time three of J.M.W. Turner’s 1820s port paintings, created in an age of newly open borders in Europe. As Ian Wardropper, director of the Frick Collection in Manhattan, remarked at the preview for the new exhibition Turner’s Modern and Ancient Ports: Passages through Time, J.M.W. Turner created […]

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, […]

All Printmaking Techniques in One Place

While most types of artworks are identified as individual pieces that can never be completely replicated, printmaking techniques make an exceptional set of practices that possess the ability to create multiple copies of a single piece of art. As such, pieces of printmaking are considered original artistic works despite the fact such artworks can exist […]

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 […]

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 […]

Talk – Collecting Contemporary Art, Audain Art Museum, Whistler, Canada

Laing Brown is an art collector who is interested in ideas. Brown, chair of the Audain Art Museum acquisitions committee and an external advisor to the acquisitions committee of the National Gallery of Canada, has just returned from Britain, where he went to check out Frieze London, where 160 of the world’s top commercial galleries […]

Public Talk: Collecting Contemporary Art

“Without tradition, art is a flock of sheep without a shepherd. Without innovation, it is a corpse.” – Sir Winston Churchill Join Laing Brown, a noted art collector, Board Member and Chair of the Audain Art Museum Acquisitions Committee, for a public multi-media presentation where he will discuss his Top 10 Collecting Rules for contemporary […]

The Top 10 Most Expensive Living American Artists of 2016

Each year, artnet News rounds up the art world’s top-performing artists at auction, across categories. But as the 2016 results come in from the first half of auction season, not much has changed since we last mined theartnet Price Database to identify the most expensive living American artists of 2015—which isn’t a good thing. Similar to […]

Francis Bacon’s New Major Exhibition Will Transform Our Understanding of His Work

Last week, there were two major events relating to  Francis Bacon and, on this occasion at least, they didn’t have anything to do with the artist’s record-breaking market, but with a renewed and in-depth understanding of his fascinating oeuvre and artistic process. On June 30, the Francis Bacon Estate published a new catalogue raisonné, presenting […]

Wonders and blunders: what makes a great museum?

Artists, architects and curators tell us about the spaces they love—and hate. What makes a museum building successful? Until the arrival of Frank Gehry’s Guggenheim in Bilbao in 1997, this question might have been almost exclusively focused on the best environments in which to view art. But the Guggenheim’s phenomenal success, which allowed the Basque […]

ArtList, Startup for the Art World, Closes Shop Just as It Was Gearing Up

ArtList, an online platform for anonymous secondary market sales of art, is ceasing operations. In June, during the week of Art Basel, a British art appraisal company was set to sign a deal to acquire the New York-based start-up but it went awry on the very day that it was meant to be signed. The […]

The Art Market: now what?

This week saw the first post-Brexit art auctions in London, and they brought considerable cheer to a market predominantly dismayed at the Leave decision. To a backdrop of a declining exchange rate for the pound and Britain losing its AAA rating status, on Monday Phillips turned in a modest total of £9.8m hammer (£11.9m with […]

One of the World’s Greatest Art Collections Hides Behind This Fence

The drab free port zone near the Geneva city center, a compound of blocky gray and vanilla warehouses surrounded by train tracks, roads and a barbed-wire fence, looks like the kind of place where beauty goes to die. But within its walls, crated or sealed cheek by jowl in cramped storage vaults, are more than […]

Collecting Contemporary Art

A man paints with his brains and not with his hands – Michelangelo An artist is somebody who produces things that people don’t need to have – Andy Warhol Art is anything you can get away with – Marshall McLuhan A collector has one of three motives for collecting: a genuine love of art, the investment possibilities, or its […]

Forget the Loft: The Newest Trend in Luxury Real Estate is Walls

For Wendy Maitland, Town Residential’s president of sales, an Oscar-winning director client of hers was a typical real estate shopper with typical requests. He had a seven-figure budget and was keen to buy into one of the many new luxury condo complexes sprouting around Manhattan. The client was downsizing from a huge country house in Connecticut since his […]