Collectors and dealers of fragile, phenomenally expensive art have never wanted for reasons to stay awake at night.
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ART MARKET
The art market has grown over the years as people are looking for alternative assets. Artworks are bought and sold at prices reflecting perceptions of their value, and these can change sharply. Huge growth in global wealth has introduced new buyers to the art market and set off an avalanche of financial analysis to shed light on which types of works command value and how that value may change over time.
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The turning point that Britain's ailing art market had been praying for seems to have arrived, at long last.
Giacometti’s ‘L’Homme qui marche 1’, which fetched £65,001,250 on Wednesday, is the most expensive work ever sold at...
At Sotheby’s historic sale of Impressionist and Modern art, which netted £146.82 million, or about $233 million,...
New York’s Metropolitan Museum of Art shed 14 percent of its staff in the year ending in June as its long-term...
Jan. 29 (Bloomberg) -- Hendrick Goltzius’ 1612 depiction of an erotic encounter between a voluptuous sleeping damsel...
Art Sales: Sotheby's shows the way Sotheby's beat Christie's in the first big test of 2010: New York's Old Master sales.
New York’s Park Avenue set has begun buying art again -- battered stock markets be damned! -- judging from the buzz and...
After a museumgoer’s trip and fall opened a rip in a century-old Picasso painting last week at the Metropolitan Museum...
A former corporate raider is shaking up the market with brash tactics and big plans.
“Balloon Dog,” by Jeff Koons, part of Peter Brant's collection at the museum his foundation runs in Greenwich, Conn.
Since 1952 “The Actor,” a rare Rose Period Picasso, has hung prominently at the Metropolitan Museum of Art, along with...
Jan. 21 (Bloomberg) -- Gerhard and Anna Lenz have collected art for 50 years, and have never parted with a single work.
With the financial situation improving substantially, consumers are thronging restaurants, shopping malls and...
The art market: A false Leonardo By Georgina Adam Published: January 22 2010 22:09 | Last updated: January 22 2010...
I’m a big fan of cool, funky, unique art and Christopher Marley has recently caught my attention with his mosaic-like...
guardian.co.uk, Tuesday 13 October 2009 09.24 BST Art experts believe a new portrait by Leonardo da Vinci may have been...
Rise of the outside guarantor The big auction houses are increasingly turning to third parties to guarantee lots By...
Jan. 20 (Bloomberg) -- Lucian Freud’s self-portrait with a black eye will boost contemporary-art auctions in London...
Some huge artistic talents are about to heave up over the horizon. For a start there’s Henry Moore, that most...
George Ruhe for The New York Times The Guggenheim Museum Having celebrated its 50th anniversary last year in the spiral...
West Palm Beach, Fla. It's almost as if a Tim Burton film has come to life: There's a stone path lined with giant chess...
The method spots imitations of works by Pieter Bruegel the Elder A simple method to distinguish artistic fakes and...
Text by Rooksana Hossenally Photo by Marian Goodman Gallery, Paris. Questioning the limits of contemporary art, French...
One day my idea is to write a Cultural Power Rankings though together with a singular sports team. Unfortunately,...
Top Sources: Art Market
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- Business: Credit crunch | guardian.co.uk
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