Tracey Emin’s My Bed is up for sale at what may be a dream price to some

The furore around the work, complete with vodka bottles and pregnancy tests, helped to give lift-off to Emin’s career. Few pieces of art have divided opinion quite like My Bed – in whichTracey Emin claimed to have spent a week after a bad break-up. Complete with vodka bottles, cigarette butts and pregnancy tests, the installation didn’t […]

Curator Nicola Vassell on Her New “Black Eye” Show, and Why the Art World Stays So White

There are two shows currently taking place in New York that regard Obama as a touchstone. The first is Michelle Grabner’s festive floor at the Whitney Biennial, where the president stares with distinguished self-possession into the lens of photographer Daywoud Bey. Young and commanding, this is Obama before the announcement of his candidacy in 2008. The moment marks a progressive […]

Fun Frieze Week Guide – NYC 2014

BAC is off to Frieze NY for the 3rd instalment of this excellent Fair (hopefully it will be a little less, ah, dramatic, this time…).  Lots of other things are happening in New York at the same time, including the “satellite” Art Fairs: NADA, PULSE, and even “outsiders” are invited, to the Outsider Art Fair. […]

Top 10 Most Expensive Living American Artists – artnet News

Next up in our series of the world’s most expensive living artists: the Americans. Auction results reveal both the usual suspects as well as some surprises, making this list more diverse than might have been expected. Some of these artists are auction darlings with thousands of works on the block, while others have had nary […]

The overpriced world of bad art

In May 2013, German artist Gerhard Richter broke his own record when his 1968 painting “Domplatz, Mailand,” which looks like a fuzzy black-and-white photograph, sold at auction for $37 million, the highest amount for any living artist. It was a record he held for six months, until Jeff Koons’ “Balloon Dog” smashed it, selling for […]

Top 10 Most Expensive Living French Artists – artnet News

artnet News’s ongoing series on the world’s most expensive living artists by nationality turns next to the French—after previous installments devoted to the Brits and the Germans. And a quick glance at the list below is enough to realize how isolated (others might say undervalued) the market for French art remains. Only three of the auction records presented […]

Why James Franco’s Cindy Sherman Homage at Pace Is Not Just Bad But Offensive

James Franco’s new exhibition at Pace is bad. It’s not a George W. Bush–caliber train wreck, but it’s close. The exhibition, “New Film Stills,” features 29 photographs from Franco’s series inspired by Cindy Sherman’s seminal “Untitled Film Stills” (1977–80). In each black-and-white photograph the artist-actor-scholar appears dressed (or undressed) in women’s clothes, often sporting a wig and makeup, for […]

Top 10 Most Expensive Living German Artists – artnet News

In the second installment of our series of the world’s most expensive living artists, we focus on the Germans. Artists from the country have seen unprecedented success in recent years. And high-flying auction results have been spread relatively evenly across media, if not between the sexes. Perhaps most interestingly, however, all of the Germans in […]

Indictment Details How to Forge a Masterpiece

The painting caught Pei-Shen Qian’s eye, but it was the price that affected him deeply. Mr. Qian, browsing in a booth at a Manhattan art show a decade ago, had stumbled across his own work: a forgery of a modern masterpiece that he had recently completed. He had sold it for just a few hundred […]

A Provocateur’s Medium: Outrage

The 2012 survey of the courageous Chinese artist Ai Weiweiseen at the Hirshhorn Museum in Washington has finally arrived in New York, and is much improved. The show, “Ai Weiwei: According to What?,” which opens Friday at theBrooklyn Museum, has been beefed up throughout, but most notably by two installation pieces completed in 2013. One, “S.A.C.R.E.D.,” […]

25 Art World Women at the Top, From Sheikha Al-Mayassa to Yoko Ono

For centuries, the art world and art market were dominated by men—just look at Giorgio Vasari’sThe Lives of the Artists, or, more recently, Jonathan Jones’s all-male list of the greatest artworks ever—but that’s beginning to change. Women now occupy top positions in every sector of the art world, and though they are still paid less than their male colleagues […]

From Hollywood to the Art World, the New Celebrity Collectors

We don’t have to tell you that art collecting is an expensive hobby. Who has the cash to drop $1 million or more on a single work because of a whim (or perhaps because another collector threatens to snap it up if you don’t)? Well, celebrities, that’s who. So artnet news has compiled a comprehensive […]

Top 10 Most Expensive Living British Artists – artnet News

It’s official, the art market is picking up after years spent in a post-crash lull. According to  TEFAF’s much discussed annual art market report, 2013 was the second best year on record, grossing €47.42 billion ($65.45). It was topped only by 2007, the vintage year of the last bubble. In this new series, artnet News […]

Buyers Find Tax Break on Art: Let It Hang Awhile in Oregon

EUGENE, Ore. — The Jordan Schnitzer Museum of Art, tucked into a quiet corner of a college campus here in the hills of the Pacific Northwest, is hardly the epicenter of the art world. Yet major collectors, fresh from buying a Warhol or a Basquiat or another masterpiece in New York, routinely choose this small, […]

Could Silicon Valley Contemporary Be the Next Art Basel?

The answer is yes and no. Let’s begin with why Silicon Valley Contemporarycould be a success. The obvious allure for creating this new fair, and for the 50-some participating galleries to buy in for its first year, is that the tech sphere headquartered in Silicon Valley is generating more wealth more quickly than anywhere else in […]

Hot New Artists, Getting Hotter

If the market for contemporary art is in danger of overheating, the first canary in the coal mine will surely be those fashionable young artists whose prices have been driven up by speculators over the past few years. Midseason auctions of affordable works by emerging names are telling temperature gauges for the contemporary market. Phillips’s […]

Art Market Analysis: Sigmar Polke vs. Anselm Kiefer at Auction

In the landmark June 2011 sale at Sotheby’s London, 34 works in the collection of German industrialist Count Christian Duerckheim went up for auction, among them seven paintings by the postwar German artist Sigmar Polke (who had died the year before). Of those paintings, one,Dschungel (Jungle) (1967), brought in $9,245,139, sailing past its high estimate of $6.4 million and […]

Forget Go-Go Schadenfreude, Bank On Urs

It was the exhibition that everyone seemed so eager to hate: Mega-dealer Larry Gagosian’s Lower East Side “pop-up” space, open through May 23, showcasing sculptures by Urs Fischer inside a former Chase bank on Delancey Street. (Another gallery outpost at 821 Park Avenue is hosting his massive bronze piece, “last supper.”) “How’s Gagmewithaspoon?,” my friend […]

Saltz on Stefan Simchowitz, the Greatest Art-Flipper of Them All

The past year has seen collectors and auction houses creating their own art market. They’re essentially bypassing dealers, galleries, and critics, identifying artists on their own, buying works by those artists cheaply in great numbers, then flipping them at vastly higher prices to a network of other like-minded speculator-collectors. Thus, we’ve seen the rise of […]

The Sacred Cows of the Art World (Or, Why Everyone’s So Nervous About Stefan Simchowitz)

The herd is spooked. That’s one interpretation of why there has been so much outrage over the the borderline heretical views that the collector Stefan Simchowitz espoused in Artspace‘s recent interview with him—what he said has evidently struck a chord that resonates jarringly with collectors, dealers, artists, curators… everyone, really. A collector who has amassed a hoard of recent art, […]