Market


Market
This 1962 Warhol was the top lot of the evening, selling for TK.COURTESY SOTHEBY'S

Sotheby’s Sells $203.6 M. of Contemporary Art in London, Led by a $150.1 M. Warhol Dollar Bill

Tonight in London Sotheby’s sold £130.4 million ($203.6 million) worth of art at its contemporary art auction, handily trumping the £95.6 million ($150.1 million) that its arch-rival, Christie’s, brought in at its own sale last night. About 85 percent of … Read More


Market
OfiliVirginMary1996

Records Fall for Ofili, Quaytman, Morley, More at $150.1 M. Christie’s London Contemporary Sale

‘The Holy Virgin Mary’ sells for an above-estimate $4.5 M. Read More


Market
Horseshoecrabs Horseshoecrabs, Face by Seth and Rauchelle Burke (Etsy, 2014, Paint on horseshoe crab.

Chicago’s Queer Thoughts Gallery Heads to New York

Late last year, Luis Miguel Bendaña and Sam Lipp, the directors of Queer Thoughts, a venturesome gallery located in a modestly sized apartment in Chicago’s Pilsen neighborhood, began making plans to relocate the space to New York. But before doing that, … Read More


Market
An installation view of Bacher's 2013 show at the ICA in London.COURTESY ICA LONDON

Frieze London Taps Lutz Bacher, Rachel Rose, More for Projects

Today Frieze London announced that the annual Projects section at its October art fair will feature newly commissioned work by ÅYRBRB, Lutz Bacher, castillo/corrales, Thea Djordjadze, Jeremy Herbert, Asad Raza, and Rachel Rose. The LUMA Foundation, which is run by … Read More


Market
The Manet.

Sotheby’s Sells $280.5 M. of Imp-Mod in London, Led by Klimt, Malevich, Manet

School is out and vacations for many are finally beginning in earnest, but the art market just keeps chugging! Tonight in London, Sotheby’s sold £178.6 million ($280.5 million) worth of art at its annual June Impressionist and modern evening sale, … Read More


Market
The Monet.COURTESY CHRISTIE'S

Christie’s Imp-Mod Auction in London Nets $113 M., With Monet on Top

Christie’s London today offered 52 lots in its annual June evening sale of Impressionist and modern art, and netted £71.4 million, or about $113 million. Eighty-four percent of those lots sold, a solid figure. The house trumpeted in a release that … Read More


Market News
The Hotel de Duc.COURTESY CURTYS

Outsider Art Fair Releases Exhibitor List for Expanded Paris Edition

Today the Outsider Art Fair announced the dealers that will appear in its third annual edition in Paris, at the Hôtel Du Duc, a chateau once owned by the Duke de Morny (a new location), from October 22 to 25. The fair, … Read More


Market News
The painting and Auctionata co-founder Alexander Zacke.AUCTIONATA

Auctionata Bets Monet Seller That It Can Outperform Amazon, With Proceeds Going to Charity

Auctionata’s “Fine Arts Week” online art auctions, which offer Old Master and 19th-century paintings as well as Impressionist, modern, and contemporary works, seem to be off to a fine start. On June 20, the company set a new record for its sales, moving an enamel, … Read More


Art Basel 2015 Graphics Market
unnamed

How Much Has Art Basel’s Exhibitor List Changed Since the Year 2000?

On June 14, just as the 46th edition of Art Basel, the world’s most prestigious art fair, was about to open, The New York Times took a look at the fair’s selection process. The paper reported that there had been … Read More


Market price check
Katz's Blue Angle, 2014.


COURTESY MATTHEW MARKS

Price Check: Kelly at Matthew Marks, Katz at Mary Ryan and Gavin Brown’s Enterprise

Price Check is a recurring column that looks into the price of works currently on view at commercial galleries. Have they sold? For how much? Are either or both of these answers shocking compared to the amount the works sold for … Read More


Art Basel 2015 Market
RaebervonStenglin's booth in Art Basel's Statements section.ANDREW RUSSETH/ARTNEWS

Literal Cutting Edge Technology On View at Art Basel

During the VIP opening of Art Basel yesterday afternoon, the booth of Zurich gallery RaebervonStenglin had a pretty solid crowd in it that was standing still—a fairly strange sight at an art fair, where one more typically sees people running from … Read More


Art Basel 2015 Market
The central courtyard at Art Basel, which is rich with sausage stands.PHOTOS: ANDREW RUSSETH/ARTNEWS

A Cheek-Pinching DiCaprio and a $4.5 M. John Currin Painting: It’s the Opening of Art Basel 2015

It has been a rainy and cloudy couple of days in Basel, Switzerland, but that did not seem to keep away the crowds this morning who arrived bright and early, at 9:30 a.m., for the Champagne breakfast that opens the Art Basel … Read More


Art Basel 2015 Market
A work by David Shrigley that invites visitors to draw.

Unlimited, Art Basel’s Section for Gargantuan Artworks, By the Numbers

Yesterday afternoon, Art Basel’s Unlimited section, which is devoted predominantly to works that are too large or cumbersome for typical art fair booths, opened to the public. The conceit is both awesome and a little sad: “Here’s a bunch of huge work!” The quality, of course, varies dramatically, … Read More


Graphics Market
Race for Digital Audience

Which Art Businesses Are Leading the Race for an Audience Online?

For the latest edition of its quarterly report on e-commerce and media, Skate’s Art Market Research has taken a close look at how traditional brick-and-mortar auction houses, like Sotheby’s and Christie’s, are faring against various digital upstarts, like Artsy and Invaluable, which have various … Read More