The Most Important Art Essays of the Year

This time last year, my editor asked me to put together a list of the most important essays of 2014, and I drew a blank. I asked around. By far the most common answer I got from peers was, “Nothing comes to mind.” Even the professionals, who’ve got their eyes glued to this stuff like Malcolm McDowell […]

Top 10 Most Expensive Living Female Artists

It is beyond a doubt that female artists have had a strong year, both in the studio and at auction. Compared to our look over the past ten years, 2015 brings some new faces into the mix, as conceptual wunderkind Tauba Auerbach joins painters Paula Rego and Beatriz Milhazes on the hallowed list of heavy hitters at […]

Off to the races: Miami Basel Begins, with Buoyant Sales Reports, a Bevy of Stella, and a Grab Bag of Celebrities

Art Basel Miami Beach opened its doors this morning to Earth’s primo art collectors, who perused the offerings from 267 galleries en route to snapping up works by blue-chip artists such as Picasso and Frank Stella, who continues his hot streak by having a dozen works spread among four different booths. Even more eye-catching are the text-based neon […]

Your Concise Guide to the 2015 Miami Art Fairs

You have limited time, but you need to know where to go. Don’t worry, we’ve got you covered. Here’s Hyperallergic’s take on what to expect in Miami.

When Conceptual Art Certificates of Authenticity Go Up in Smoke

Ashley was passionate about Conceptual art, but her pyromaniacal son had a different burning enthusiasm. After the firemen left, our client discovered that the extensive documentation on her collection had gone up in flames. We told Ashley that certificates of authenticity are so important for Conceptual art that one of the first questions a buyer […]

Sotheby’s Reassuring $294M Contemporary Evening Sale

The contemporary art market settled down to a steadier pace at Sotheby’s New York Wednesday evening, turning in a solid and respectable $294,850,000 sale for the 44 lots that sold. Ten of the 54 lots offered failed to sell for a trim buy-in rate by lot of 18.5 percent. Five works sold for more than $15 […]

CHRISTIE’S ‘ARTIST MUSE’ SALE NETS $491.4 M., LED BY A $170.4 M. MODIGLIANI, THE SECOND-HIGHEST PRICE EVER REALIZED AT AUCTION

Amedeo Modigliani’s Nu Couché (1917–18) soared past its already astronomical $100 million on-request estimate en route to a record-smashing price of $170.4 million at Christie’s Monday night, making the magnificent nude portrait the second-most-expensive painting ever sold at auction—and, in a twist, a high point in an otherwise surprisingly tepid evening. The Artist’s Muse, the auction house’s […]

What 5 of the World’s Riskiest Art Buys Tell Us About Collecting Art Today

As the art world braces for an estimated $2 billion fall auction season in the next few weeks, it’s no secret that the global art market is moving ahead at a rapid-fire pace. The stakes appear higher than ever with an unprecedented number of seven-, eight-, even nine-figure works on the auction block. While headlines […]

Think Halloween Is Gruesome? Try Contemporary Art

In the spirit of Halloween, ARTINFO has compiled a list of nine gruesome contemporary art works that give us nightmares all year long. From David Lynch’s “Six Men Getting Sick” to Hermann Nitsch’s “Theater of Orgies and Mysteries,” we’ve covered all the bases as October 31 approaches. Read on for our full, illustrated list. By way of example, Piero […]

Paddle8, Online Auction House Aims to Give Big Houses a Run for Their Money

Think of an auction house, and centuries-old institutions like Sotheby’s and Christie’s probably spring to mind.  But a four-year-old start-up believes that it can become something of an online equivalent to those companies — and it has drawn big-name backers from the art world along the way. The venture, Paddle8, plans to announce on Wednesday […]

Can the Single-Venue Gallery Survive?

Notable dealers have chosen to end eponymous enterprises to join larger entities at a partnership level. Such was the case with Gérard Faggionato, who recently joined David Zwirner in London, and Valerie Carberry, who merged with Chicago’s Richard Gray last spring. Veteran contemporary art dealers Esther Schipper and Jorg Johnen are in the process of […]

Has the Market for ‘Zombie Formalists’ Evaporated?

“No one wants to be a market darling,” an art dealer once told me. It’s the art world equivalent of a one-hit wonder, where sudden stardom and outsize demand for a particularly hot artist creates intense pressure, and has the potential to create unsustainable spikes in his or her market and career. Notwithstanding the fact that the […]

The new reserve currency for the world’s rich is not actually currency

Here’s an interesting question: If the world’s economy is filling markets with a pervasive sense of uncertainty, why is the art market picking up steam for yet another season of what would appear to be massive sales?  For the very rich, art is a store of value—which is not a very new idea and one […]

Mapplethorpe Print at Center of Culture Wars Returns to Public Eye

Twenty-five years ago this month, a Cincinnati jury wrote an exclamation point into the story of the culture wars that were raging through art museums and academia. The jury acquitted that city’s Contemporary Arts Center and its director of criminal obscenity charges for exhibiting a group of photographs by Robert Mapplethorpe, graphic sexual images that […]

What Becomes of the Broken Hearted?: ‘ART BREAKERS’ and the Art World’s Reality TV Problem

The art advisor is a bit of a grab bag of roles—curator, interior designer, dealer, buyer. The line dividing these roles is ever hazier because the sole aim of nearly every art professional is to make a lot of money, and many of them do. Let’s think of advisors as opportunistic personal shoppers for the […]

Auction Houses Jockey to Lead Sales in First Big Market Test

Art auctions used to be a gentlemen’s business. Now the gloves are off. As art sales face their first major test since the August financial market rout, auction houses are jockeying not only for trophy artworks but also for the best positions to highlight them at the November auctions in New York. The result is […]

10 Gallery Shows You Need to Pay Attention to This Fall

There have been persistent murmurs in the art world about the imminent (market) demise of the so-called Zombie Formalism movement, a kind of colorful, undemanding type of abstract painting that’s commanded astronomical prices for the past few years. Dire predictions and a few disappointing auction results aside, the evidence is hardly overwhelming. And yet, looking ahead to the fall’s most […]

Emerging Art Cools Down

LONDON — The art market is a notoriously opaque business. And over the past couple of years the highly speculative trade in emerging artists has given off plenty of heat. In 2014, recently made works by young abstract painters like Oscar Murillo, Lucien Smith, Alex Israel, Mark Flood and Christian Rosa were being “flipped” at […]

The great debate: why galleries could take even more money from their artists

This was the controversial suggestion of a recent survey. We asked its author and four art-world figures to comment. A Twitterstorm erupted in the US last month over the findings of survey of 8,000 art galleries based in the US, UK and Germany. Cultural researcher and Larry’s List co-founder Magnus Resch found (no surprise here […]