Inside Art: Sigh of Relief From the Nervous London Auctions
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Despite the shaky state of world financial markets, there are still plenty of people willing to spend millions of dollars to put Impressionist, Modern or contemporary art on their walls.
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Notorious prisoners' artwork, notes and even nail clippings are hot items in online auctions. But a new law might put a stop to the gruesome trade
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4pm update: The first home of literature's most celebrated siblings lived up to its reputation as cursed when it failed to make its reserve price at auction.
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eBay defies cynics, but the absence of sellers is troubling.
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THE contents of a London restaurant opened and designed by Damien Hirst sold for Â£11.1 million last night amid frantic bidding. Buyers queued to get into the sale in the hope of picking up
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Art collectors, sensing that the market, may soon reach its peak have consigned hundreds of millions of dollarsÂ worth of works for November sales.
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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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Arts & entertainment: The Turner Prize show has finally plucked up the courage to leave London - but with work that is banal.
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NEW YORK - Bidding was fierce for a few big-name works at Sotheby&#39;s fall sale of Impressionist and modern art in New York Thursday evening, but others fell short of pre-sale estimates and about a fifth of the offerings went unsold.
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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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At some point during a recent tour of the Contemporary Museum's "Cell Phone: Art and the Mobile Phone," I started to become aware of two overpowering feelings: paranoia and technological inadequacy.
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An extraordinary week in the short history of the contemporary art market in London has ended.
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The newly donated collection of Abstract Expressionist paintings at the Metropolitan Museum is largely a delight from beginning to end.
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Art collectors have consigned artworks valued in the hundreds of millions of dollars for the November sales at New York's auction houses. Christie's and Sotheby's, the city's two most popular houses, say estimates for sales totals are the highest in almost 15 years.
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If the entry fees for collecting contemporary art are relatively low, the financial returns can be of hedge fund proportions.
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The renewed appetite for art as an investment is drawing attention to a small number of scholars who have been applying economics to this new asset class.
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The annual June art auctions have made London a more important art capital than it has been for more than 20 years.