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• Charles Ray's 'Fashions' Fails to Sell at Christie's Amid Cautious Spring Auctions market-auction

  In 1996, Charles Ray produced 'Fashions', a 16mm film featuring a brunette in a red dress. This piece was showcased at Christie's on May 14, 2003, with an estimated value of…

• Global art dealers expand networks despite economic fragility market-auction

  The art market worldwide is on the rise, with significant new galleries emerging in major cities. On February 24, Spruth, Magers, Lee debuted at 12 Berkeley Street in London,…

• Power Shift in Art Market: Buyers Now Dictate Terms market-auction

  In the contemporary art market, a scarcity of quality works has shifted power from sellers to buyers. The market's demand for security and the institutionalization of contemporary…

• Furniture as Fine Art: Eileen Gray Canapé and Kusama Bed at Paris Fairs market-auction

  At the Biennale des antiquaires and the Fiac in Paris, two exceptional pieces of furniture were presented as works of art, highlighting the blurring line between decorative arts…

• Auction Houses in Turmoil: Christie's and Sotheby's Navigate Crisis market-auction

  The auction world is in chaos, with major houses like Christie's and Drouot facing decline and financial losses. On April 15, Jeff Koons received the Legion of Honor from…

• Uncertainty grips auction houses as Russian buyers flock to Sotheby's, Christie's, Phillips market-auction

  A new wave of wealthy Russian collectors, suspicious of dealers, exclusively buys modern art at Sotheby's, Christie's, and Phillips. However, the major auction houses face deep…

• Gilbert & George Murder Tape Scandal and British Art Chauvinism market-auction

  In January 2002, the remains of a young Asian woman were discovered, wrapped in adhesive tape adorned with designs by Gilbert & George, which had been available at Tate Gallery…

• Sotheby's Paris Sale Breaks French Auction Monopoly market-auction

  On November 29, 2001, Sotheby's held its first auction in France at 76 rue du Faubourg Saint-Honoré, ending the centuries-old monopoly of French commissaires-priseurs. The sale,…

• Nationalist buying patterns dominate New York art auctions in 2001 market-auction

  From November 13 to 15, 2001, in New York, sales of modern and contemporary art surpassed forecasts, with 70% of significant lots being sold. Sotheby's auction of the Douglas S.…

• Post-9/11 Art Market: Vanity and Morality in Crisis market-auction

  A New York auction house specialist predicts a severe market correction post-9/11, with contemporary art most affected. Artists embodying excess, like Jeff Koons, may suffer. The…

• Post-9/11 Art Market: New York Sales Face Uncertainty market-auction

  The art market began to show early signs of recession around the time of the September 11 attacks, despite robust sales in June. Auction houses in New York, which account for 50%…

• Art Basel 2001: Market Booms Despite Stock Turmoil market-auction

  At Art Basel 2001, the art market thrived despite recent stock market turbulence, with strong sales driven by American collectors and museum curators. Dan Graham's 1976 Biennale…

• Rumors and Guarantees Shake May 2001 New York Art Auctions market-auction

  In May 2001, the auction season in New York for 19th and 20th century art was clouded by financial speculation and rumors, coinciding with an economic downturn and a U.S.…

• Christie's Speculative Art Sale Sets 12 Records market-auction

  On May 19, 1999, Christie's held the second edition of its new auction format, achieving twelve price records. The auction house bypassed traditional curatorial selection, instead…

• Christie's and Sotheby's blur art and commerce market-auction

  Christie's and Sotheby's are treating contemporary art like auctioneers, mixing disposable underwear from 1960 with Nan Goldin images in their catalogs. The confusion between…

• Christie's and Sotheby's Private Sales Raise Conflict of Interest Concerns market-auction

  A 1999 article in artpress examines how Christie's and Sotheby's increasing focus on private sales blurs the line between auction houses and dealers, potentially undermining…

• Dora Maar's Intimate Notebooks Sold at Auction market-auction

  In October 1998, a portion of Dora Maar's private notebooks were auctioned at Maison de la Chimie in Paris. Dora Maar, born Dora Markovitch, was Picasso's lover from 1936 to 1943…

• Paris-Photo Sparks New French Photography Market market-auction

  The Paris-Photo fair has catalyzed the emergence of a distinct French collector profile for photography, a field once dominated by Americans. By bridging the gap between fine art…

• New York's New Dealers: How Galleries Adapted After the 1990s Art Market Crash market-auction

  Following the collapse of the art market in the early 1990s, dozens of well-established galleries in New York closed, leaving hundreds of emerging and mid-career artists without…

• French galleries innovate amid market depression market-auction

  French galleries are facing a depressive atmosphere and responding with new strategies. Professionals are avoiding the model of the late 1980s, when money dominated art…

• American Art Market Revival Driven by New Wealth market-auction

  Since World War II, the center of the international art world has shifted from Paris to New York, both in creation and market terms. Newly wealthy American collectors are fueling…

• Artpress Analysis of the Difficult Birth of the Photography Market market-auction

  The article from artpress, dated November 1996, examines the challenging emergence of the photography market, covering press, fashion, and fine art photography, as well as works…

• Cézanne painting surfaces at Paris auction market revival market-auction

  A painting by Paul Cézanne, dated between 1902 and 1906, has appeared on the market. The work depicts a landscape near Aix-en-Provence. This sale is part of a slow awakening of…

• Courbet's Origin of the World reportedly sold to Japanese collector market-auction

  Gustave Courbet's scandalous 1866 nude L'Origine du monde, commissioned by Turkish diplomat Khalil Bey, was reportedly sold to a private collection in Tokyo. The painting,…

• American Galleries Avoid FIAC as New York Dominates Art Market market-auction

  American galleries are largely absent from FIAC, with none of those surveyed participating in the fair. Only three have ever exhibited at the event, and just two are considering…

• Emerging Paris Galleries Challenge FIAC Dominance in 1988 market-auction

  A new generation of art dealers has established galleries in Paris, operating independently from the established FIAC art fair. These newcomers include Antoine Candau, Philippe…

• The Disappearance of New York Photo Galleries market-auction

  The recent and gradual disappearance of New York's photo galleries marks a significant shift in American artistic life. This trend reflects changing dynamics in the art market and…

• Seoul Emerges as Asia's Premier Contemporary Art Hub, Attracting Major Galleries and Frieze Fair market-auction

  Seoul is positioning itself as Asia's next major contemporary art center, drawing attention away from Hong Kong due to political concerns and favorable economic conditions. Major…

• Maecenas Launches Blockchain Platform for Fractional Art Trading market-auction

  In September 2017, Furtherfield gallery and Torque published the book 'Artists re:thinking the Blockchain', launched at an ArtReview Live event in London. Blockchain technology,…

• ArtXAuction Launches with 'The Perennial Curation' in Tokyo, Blending Tech and Tradition market-auction

  ArtXAuction, a new platform aiming to disrupt Japan's art market, will hold its inaugural auction titled 'The Perennial Curation' on March 16th, 2024. The event combines online…

• Jeff Koons Gazing Ball sculpture at center of $6 million lawsuit between Fabrizio Moretti and David Zwirner market-auction

  Jeff Koons' 2013 sculpture Gazing Ball (Centaur and Lapith Maiden) has been identified as the artwork involved in a legal dispute between Italian Renaissance art dealer Fabrizio…

• Sotheby's London Contemporary Art Auction Sets European Record with £130 Million Sale market-auction

  Sotheby's London achieved a new European sales record on Wednesday 1 July, with its evening Contemporary Art Auction totaling just over £130 million. The event was led by eight…

• Pak's 'The Pixel' NFT sells for $1.36 million in Sotheby's $16.8 million digital art sale market-auction

  A single grey pixel NFT titled 'The Pixel' by crypto-artist Pak sold for $1.36 million at Sotheby's, part of a broader $16.8 million sale called 'The Fungible Collection' hosted…

• Art Market and Cultural Events Ring in the New Year with Auctions, Exhibitions, and Digital Giveaways market-auction

  A Gu Wenda ink work titled 'Gu's Phrase – Happy Chinese Year of the Tiger' sold for 187,500 HKD at Sotheby's Hong Kong, surpassing expectations. Gilbert & George are presenting at…

• Brazilian Gallery Almeida & Dale Raided in São Paulo Over Disputed Volpi Paintings market-auction

  On Wednesday, São Paulo police executed a search warrant at Almeida & Dale, one of Brazil's largest galleries, located in the Jardins district. The raid by the São Paulo State…

• Jeffrey Gibson Sues Former Gallery Kavi Gupta Over $600,000 in Unpaid Sales market-auction

  Jeffrey Gibson, who will become the first Native American artist to represent the United States at the 60th Venice Biennale, has filed a lawsuit against his former gallery, Kavi…

• Endeavor Acquired by Silver Lake for $13 Billion, Renamed WME Group market-auction

  Silver Lake Partners acquired Endeavor, the parent company of Frieze, for $13 billion in equity value on Monday, taking the company private. Endeavor, which went public in 2021,…

• November 2014 New York auctions yield mixed results with record highs and notable buy-ins market-auction

  Sotheby's New York achieved $343 million in its 11 November postwar and contemporary sale, falling short of the previous year's $380.6 million total. Jasper Johns' 1983 Flag set…

• Sotheby's Expands Private Sales with S/2 London Amid Auction Market Shifts market-auction

  Sotheby's has launched its S/2 private sales gallery model in London, expanding from its New York base and aiming to host five selling exhibitions each year at this new site. This…

• Hauser & Wirth's UK profits plummet 90% amid gallery expansions and artist additions market-auction

  The Financial Times reported that Hauser & Wirth's UK profits have dropped by nearly 90 percent, though this may not reflect the gallery's global performance across its 18…