News

21 October 2020

FIAC May Be Canceled But the Show Must Go On. Here Are 8 Must-See Exhibitions During the Paris Art Week

The worsening public health situation in Europe has meant that the FIAC art fair will not be taking place this year as usual in the Grand Palais. While the fair�s cancellation prompted mixed reactions in the Parisian art scene, many are determined to show that the spirit of the art week lives on in the numerous exhibitions opening at the city�s museums and galleries this week. ... read more (external link)

21 October 2020

Collectors' Reversals of Fortune Can Mean a Payday for Auction Houses - or Spell Disaster

Forced sales of fine art resulting from debt have juiced auction rooms going back to Georgian England times, and with the Covid-19 pandemic still raging and auction sales halved from the same period last year, we may soon be seeing more cases - not of the virus but of financial maneuvering. ... read more (external link)

21 October 2020

Bubbles, sheikhs and the freeport frenzy: Georgina Adam reflects on 30 years of art market reporting.

Georgina Adam looks back on three decades of booming sales and soaring prices, from Middle Eastern emergence to the evolution of auction houses ... read more (external link)

21 October 2020

Perelman Seeks 90 Million USD for Monumental Giacometti Statue

Having already sold more than 350 million USD worth of art, billionaire Ron Perelman is parting with a crown jewel of his collection: Alberto Giacometti�s monumental sculpture �Grande femme I� ... read more (external link)

20 October 2020

Price Check! Here's What Sold - and For How Much - at the 2020 Frieze London and Frieze Masters' Online Viewing Room.

Here's our roundup of sales that went down at Frieze's latest online viewing room. ... read more (external link)

20 October 2020

From Julie Mehretu's Converted Church to Alberto Giacometti's Tiny Paris Flat, See Inside Some of the Most Unusual Artist Studios in History

These aren't your typical artist studios. ... read more (external link)

18 October 2020

Brooklyn Museum Waives Tradition to Auction Its Treasures

The venerable Brooklyn Museum for decades struggled with a structural deficit, then came the global pandemic, forcing the 197-year-old institution to shut its doors for months.On Thursday, Lucas Cranach�s "Lucretia" fetched USD 5.1 million at Christie�s, almost triple the high estimate for the 16th century oil painting and leading a group of 10 works that totaled USD 6.6 million. ... read more (external link)

18 October 2020

Trump Painting May Fetch $750,000 at Auction Before Election.

Before he became U.S. President, Donald Trump used USD 10,000 from his foundation to buy a six-foot-tall oil portrait of himself at auction. Next week, he'll have a chance to bid on a bigger, albeit less flattering image: "Trump Descending an Escalator." ... read more (external link)

15 October 2020

Contemporary Art, the primary growth driver of the global Art Market

Does today's art auction universe bear any resemblance to what it was 20 years ago? This is the question we asked ourselves through this report. In this year 2020, severely shaken by the coronavirus pandemic, we felt it necessary to take a step back in order to broaden our vision beyond the "lost year" by observing the evolution of the Contemporary Art Market not over one year, but over twenty years. ... read more (external link)

14 October 2020

Rising Stars, Rare Old Masters, and More: What the World's Top Collectors Bought During a Pandemic

As much of the world went into lockdown in mid-March, the art world momentarily came to a standstill, accompanied by a flurry of cancelations of art fairs, exhibitions at galleries and museums, speaking engagements, and more. ... read more (external link)

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