Buy! Sell! Liquidate! How ArtRank is shaking up the art market

Controversial website ArtRank treats art like a commodity – tipping investors off about who’s hot and who’s toxic. Site founder Carlos Rivera talks bubbles, bonuses and backlashes. A few years ago, Carlos Rivera was a virtual unknown, even in the art circles where he earned his living. He was just another gallerist, running a West […]

Speculating on Trophy Art

LONDON — Works by contemporary artists born after 1945 generated $17.2 billion in worldwide auction sales last year, a 39 percent increase from 2012, according to figures just released by the French database Artprice. Last November, a triptych by Francis Bacon sold for $142.4 million, a record for any work of art at a public […]