Jesus saves, but the buyer of da Vinci’s ‘Salvator Mundi’ will spend—a lot. The signs all point one way: Christie’s upcoming sale of Leonardo da Vinci’s spooky Salvator Mundi is the latest and perhaps most convincing portent that we are living in the End Times. In the Bible, Christ and his apostles held their property in common. Now, this image […]
Whitewall met with the artist in his sprawling Chelsea studio just days after his “Masters” collection launched for Louis Vuitton, a project he saw as quite public and accessible, too. The special line puts the work of Da Vinci, Titian, Rubens, Fragonard, and Van Gogh on accessories like bags and scarves, touting the name of each master in bold reflective metal […]
The Life of Images offers a sweeping retrospective of a visionary photo painter whose work continues to resonate To say that an international artist can be hugely influential in Australia, where their work has rarely been seen, is to pay testament not just to the aesthetic qualities of their work but also to the appeal […]
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 […]
FALSE EQUIVALENCE: Although I always advise caution about these reports, sales at this year’s freshly entombed Frieze and Frieze Masters were allegedly strong from the jump. Numerous exhibitors were eager to broadcast their results (or at least, pretend to) on VIP preview night. But rather than resurrect the issue of dubious honesty from self-interested actors in a consequence-free […]
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 […]
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, […]
Art collectors face a dilemma as they update their estate plans: What to do with a collection that is potentially worth hundreds of thousands or even millions of dollars? Whether they’ve bought the pieces as an investment or to fuel a passion, collectors heading into their retirement years are trying to figure out whether to […]
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 […]
LONDON — The art market is almost as old as art itself. But it’s only in the last decade or so, with increased globalization, digitization and the rise of art as a multibillion-dollar investment vehicle, that the market has been viewed as an industry. And where there is industry, conferences are sure to follow. On […]
Art is magical. It is a fairytale. It can make you rich. It can make you poor. It can turn everything you thought you knew inside out and upside down. It has made Damien Hirst rich, colossally so, and now it has done something else. It has redeemed him. For years he has appeared a […]
An exhibition at the Frick Collection unites for the first time three of J.M.W. Turner’s 1820s port paintings, created in an age of newly open borders in Europe. As Ian Wardropper, director of the Frick Collection in Manhattan, remarked at the preview for the new exhibition Turner’s Modern and Ancient Ports: Passages through Time, J.M.W. Turner created […]
When you sell your home the paperwork details the sale, including your name, and the title search lists the names of the people who owned the property before you. But when someone sells an artwork at auction — even something worth $100 million, much more than your house — the identity is typically concealed. Oh, […]
While most types of artworks are identified as individual pieces that can never be completely replicated, printmaking techniques make an exceptional set of practices that possess the ability to create multiple copies of a single piece of art. As such, pieces of printmaking are considered original artistic works despite the fact such artworks can exist […]
Apart from offering human kind the possibility to express its imaginative and technical skills, art has also evolved to become proper trading business. As such, it has a market of buyers and sellers, but it is the certificate of authenticity or COA that represents the most important aspect of the circulation of artworks today. Over […]
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 […]
Laing Brown is an art collector who is interested in ideas. Brown, chair of the Audain Art Museum acquisitions committee and an external advisor to the acquisitions committee of the National Gallery of Canada, has just returned from Britain, where he went to check out Frieze London, where 160 of the world’s top commercial galleries […]
“Without tradition, art is a flock of sheep without a shepherd. Without innovation, it is a corpse.” – Sir Winston Churchill Join Laing Brown, a noted art collector, Board Member and Chair of the Audain Art Museum Acquisitions Committee, for a public multi-media presentation where he will discuss his Top 10 Collecting Rules for contemporary […]
Each year, artnet News rounds up the art world’s top-performing artists at auction, across categories. But as the 2016 results come in from the first half of auction season, not much has changed since we last mined theartnet Price Database to identify the most expensive living American artists of 2015—which isn’t a good thing. Similar to […]
Last week, there were two major events relating to Francis Bacon and, on this occasion at least, they didn’t have anything to do with the artist’s record-breaking market, but with a renewed and in-depth understanding of his fascinating oeuvre and artistic process. On June 30, the Francis Bacon Estate published a new catalogue raisonné, presenting […]