Art-Fair Economics: Why Small Galleries Do Art Fairs Even When They Don’t Make Money

As the middle market shrinks, many dealers are finding they can’t afford to do fairs—but they can’t afford not to, either. Think art fairs are all about sold-out booths, comfortable shoes, and exclusive dinner invitations? Think again. For many small to mid-size galleries, fairs—like Art Basel in Basel, which opens to VIPs today—are an increasingly […]

Passion, Not Profit, Is the Biggest Motivator for Collectors, a New Study Says

The surprising results from a new study by Swiss bank UBS suggest that profit is rarely a driving factor. With the 2017 edition of Art Basel in Miami Beach—also known as the art world’s Black Friday—in full swing, Swiss bank UBS has released an extensive survey of art collectors that explores what motivates them, how […]

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 […]

40 Percent of World Gallery Art Sales Made at Fairs and Other Key Findings in the TEFAF Art Market Report 2015

The TEFAF Art Market Report, delivered by Dr. Clare McAndrew of Arts Economics, is considered the authority on data relating to auctions, art fairs, and market trends (see Clare McAndrew Explains How She Prepares the TEFAF Art Market Report). It’s presented in conjunction with the opening of the TEFAF art fair in Maastricht. Sales at […]

Europe’s 10 Best Art Fairs in 2014

This year hasn’t even come to an end. Yet, intrepid gallerists and collectors are no doubt already pulling out their calendars to mark out the fair circuit for the year 2015. To help weed out the best from the rest, artnet News’ European editors sorted through the stacks of notes and reports from the year’s fairs […]

The Dangers of Data Mining in the Art Market, etc.

The season of art market performance reports is upon us, and keeping up with them all can be an all-consuming—and sometimes baffling—affair. In the last month various entities have declared 2013 to have been both the best year ever and the second best year ever for art sales, while also (erroneously) declaring art to be […]

VIDEO: Judd Tully Tours TEFAF Maastricht 2014

MAASTRICHT, the Netherlands — TEFAF Maastricht (The European Fine Art Fair) is in full swing, and during its 12-day run the fair will show off works from 275 of the world’s premier art and antiques dealers. Art+Auction Magazine editor-at-large and ARTINFO market reporter Judd Tully traveled to Maastricht to find out how much you can expect to pay for […]

VIDEO: 60 Works in 60 Seconds from TEFAF Maastricht 2014

MAASTRICHT — Vincent van Gogh’s “Moulin de la Galette” from 1887 is one of four of the Dutch painter’s works — and one of many stunning discoveries — on view at TEFAF, The European Fine Art Fair, which opened Thursday in Maastricht, The Netherlands. “Moulin de la Galette,” which was last exhibited in public in 1965, is […]

TEFAF Art Market Report Says 2013 Best Year on Record Since 2007, With Market Outlook Bullish

The global art market outlook for 2014 is extremely bullish, according to the latest TEFAF Art Market Report published today by the European Fine Art Foundation. Prepared by Dr. Clare McAndrew, the much anticipated annual report tracking global art market movements says 2013 was the best year on record, other than 2007, and only just shy of […]