Does Monet Beat the Dow? How Artworks Perform as an Investment

Everyone loves a story about collectors who bought art for a song and sold it for a million. Once in a blue moon, that actually happens. In the case of Impressionist art, though, dappled landscapes and dreamy portraits by Monet, Renoir, and Degas were oftentimes considered investments before the paint on the canvas had dried.   For answers, we […]

Where the Wild Things Are: China’s Art Dreamers at the Guggenheim

BEIJING — The signature work at “Art and China After 1989,” a highly anticipated show that takes over the Guggenheim on Oct. 6, is a simple table with a see-through dome shaped like the back of a tortoise. On the tabletop hundreds of insects and reptiles — gekkos, locusts, crickets, centipedes and cockroaches – mill about under […]

Let This Be Your Guide: 7 Famous Artists Describe Their Favorite Artworks at The Met

When a single work at the Metropolitan Museum of Art catches your attention and stops you in your tracks, it can feel like you’ve unearthed a hidden treasure. In Phaidon’s upcoming book The Artist Project: What Artists See When They Look at Art, over 100 artists reflect on this same experience—the moment when an artwork from the Met’s collection overwhelmed […]

Jenny Holzer: Words of Conflict

As three new commissions open this year in the UK and Abu Dhabi, the US artist reflects on the continued dominance of war as a theme in her work and says she longs for Trump to be “in the past tense” Jenny Holzer has put words in unexpected places for nearly 40 years. Her texts […]

Dick Bellamy: The Man Hiding at the Center of Everything

He was slight and unassuming with a bushy mop of dark hair and deep circles under his eyes hinting at the alcoholic dissipation of a poète maudit. His voice was a suggestive murmur, both musical and raspy from smoking too much. Most people called him Dick. To friends he would announce himself as George, a […]

When Dealers, Too, Were Romantics

“Dealers are as important as the artists themselves,” the gallery owner Leo Castelli once said. “Hecannot exist without us, and we cannot exist without him.” Gendered language aside, Castelli’s remark captures the fragile symbiosis between those who make art and those who sell it. Lately, however, dealers have been having trouble keeping up their end of […]

Beyond Supply and Demand: How Artworks are Priced?

The pricing of artworks is not a simple matter. And while the basic economic principles of supply and demand do still apply to the art market, the factors that contribute to an artist’s “supply,” or the availability of their art for sale, and an artist’s “demand,” or how many collectors are willing to buy their […]

How Artsy finally convinced galleries to sell fine art online

The move online has been one of the critical forces shaping the industry over the last decade, a disruption that happened slowly, and then suddenly. “It’s a huge change in what galleries have done. It’s been the biggest trend in the art market, next to art fairs, over the last ten years,” says Clare McAndrew, […]

WHEN WALTER HOPPS MET ANDY WARHOL AND FRANK STELLA

The innovative, iconoclastic curator Walter Hopps (1932-2005) was one of the most influential figures in mid-to-late-twentieth-century American art. He founded his first gallery in L.A. at the age of twenty-one and, at twenty-four, opened the Ferus Gallery with the artist Ed Kienholz, where they turned the spotlight on a new generation of West Coast artists. […]

‘People Are Too Stupid for Great Art’: Painter Markus Lüpertz on Why the Avant-Garde Will Always Fail

You’re often viewed as controversial—especially in Germany—because of your willingness to address difficult subjects, both in the content of your work and the press. How do you deal with that perception? I can’t really comment on my reputation because the reputation is in no way justified. I’m a peaceful, happy, cheerful, elderly gentleman, except for […]

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 […]

Ellsworth Kelly, Abstract to the End

On the eve of his 90th birthday in 2013, Ellsworth Kelly told me that working in his studio in Columbia County was “as exciting for me as ever.” “I have had some physical challenges related to aging, though I accept it,” the painter said. “But it has given me an added surge for continuing to […]

A. R. Penck, Neo-Expressionist Painter Whose Work Reflected on the Postwar German Condition, Dies at 77

In 1985, A. R. Penck told curator Klaus Ottmann that he didn’t miss East Germany, where he had been born in 1939 and from which he was exiled in 1961. East Germany, Penck said, “disappeared in a black hole”—it was totally behind him. But, of course, his homeland and everything he lost when he left […]

An Artist’s Mythic Rebellion for the Venice Biennale

Mark Bradford’s concern: How can he represent the United States when he no longer feels represented by his government? Sitting on a crate, his long legs extended, Mr. Bradford, 55, was confronting a pressing concern beyond exhibition plans: How can he represent the United States abroad at a time when — as a black, gay […]

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 […]

Q & A with Jeff Koons on his new Gagosian show, his MOCA award and what’s behind those Louis Vuitton bags

Jeff Koons is having a moment — again. The artist’s solo show of new and recent works, his first here in five years, opens at Gagosian gallery in Beverly Hills on Thursday. He’s also being honored at the annual Museum of Contemporary Art gala on Saturday. When I went to art school, I was very […]

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 […]

Richard Long: ‘I’m proud of being the first person to cross Dartmoor in a straight line’

He has walked the Earth, recording his traces and turning them into mysterious works of land art. Now 71, with a new show in Norfolk, art’s great hiker talks about cloud-chasing in France, sculpting on Kilimanjaro – and the paths that lie ahead. Sixteen enormous tree stumps, their roots turned towards the sky, stand in […]

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, […]