Booming art auctions shrug off global credit crunch
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Rather like the premature reports of the  death of Mark Twain, forecasts of the collapse of the art  market as a result of the global credit crunch appear to have  been greatly exaggerated.
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Prices for Russian works of art set a series of new records at auctions in London this week as rich Russians flexed their financial muscles.
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The gift of more than $10 million, from a yet unnamed corporation, is likely to stir some excitement in the art world.
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A growing number of artists have starting selling one-a-day creations online.
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The credit crisis may be fouling up  billion-dollar takeover deals, but if you're a poor African  seamstress who needs a loan for a new sewing machine, you could  not ask for a better borrowing market to expand your business.
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Comment is free: Mark Lawson: Cultural prizes are under attack, but they serve a valuable role in bringing art to a wider market.
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Collectors and dealers who thought Sotheby's had overreached in its estimates went home surprised from Tuesday night's auction of contemporary art.
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In the auction world almost nothing is more intriguing than fresh, unknown collections. Sothebyâs has found a new route to them this fall: outsourcing the saleâs expert.
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A collection of artworks owned by John Paul Getty II sell for a total of Â£1.7m at Christie's in London.
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Gauguin and Modigliani help an auction reach the highest total for an impressionist and modern art sale since 1990.
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It is no secret that the art market has become drunk with money lately, but $100 million for a diamond skull by the artist Damien Hirst? Even Russian oligarchs and hedge-fund billionaires might think twice.
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Paintings by such luminary artists as Gauguin, Matisse and Monet will be auctioned next week by the city's top two auction houses, Christie's and Sotheby's, in separate impressionist and modern art sales.
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NEW YORK, Nov. 4 -- Records were set Thursday for works by Gauguin, Modigliani and Mondrian as Sotheby&#39;s opened its two-day auction of impressionist and modern art.
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Arts & entertainment: Royal Academy in London struggling to save  exhibition after Russia withdraws loans of paintings
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What the latest record-setting prices for modern art say about the health of the U.S. economy
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A novice collector spent $236,000 during five frenzied days in February, but the heightened pitch of the art market means money is not enough.
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An auction of modern and Impressionist paintings becomes the most lucrative art auction held at Sotheby's.