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Auctionata.com

Auctionata Secures $45 M. in Latest Funding Round

Online auction house Auctionata has closed its series C financing round with a total investment of €42 million ($45 million), under the advisement of international investment bank GP Bullhound. Warsaw-based MCI Management led the round, with newcomers including Hearst Ventures … Read More


Graphics Market

Asia Week Auctions Haul in Rip-Roaring $250.7 M. at Big Two Houses, a Record

New York’s annual Asia Week concluded last Saturday, and its organizers have since reported a stunning $360 million in sales. That figure represents an 80-percent increase over last year, with the big two auction houses, Sotheby’s and Christie’s, accounting for nearly 70 percent of that haul. As … Read More


Market News
Les femmes d’Alger (Version “O”)COURTESY CHRISTIE'S

Loic Gouzer Follows Up ‘Gritty’ Sale With Auction Featuring Potentially Historic Picasso

Loic Gouzer, international specialist at Christie’s auction house, has organized a special contemporary evening sale during the spring auctions in New York for the second year in a row, this one called “Looking Forward to the Past.” It is a … Read More


Features Market
04_15_Phillips_exterior-slider

Phillips 2.0: Can Auction Veteran Ed Dolman Turn Around the Art World’s Third-Place House?

On a gray Sunday last October, during Frieze Week in London, Phillips auction house opened its new headquarters in a 73,000-square-foot building on tony Berkeley Square, with renovations by architects Aukett Swanke. Visitors sipped champagne and orange juice next to … Read More


Market News
COURTESY YOUNGMONEY.COM

Who Is Drake’s Friend at Sotheby’s?

“I’ve got enemies, got a lot of enemies,” Drake rapped on his recent mixtape, If You’re Reading This It’s Too Late. These enemies apparently do not work for Sotheby’s, which has tapped Drake to pick music to play at listening … Read More


Market News
Colosseum_in_Rome,_Italy_-_April_2007

Gavin Brown Will Open a Space in Rome

Next month, New York-based gallerist Gavin Brown will open a Rome gallery in an unexpected location: an 8th-century church named Sant’Andrea de Scaphis at Via dei Vascellari 69 in the Trastevere neighborhood. “I wouldn’t be opening in Rome unless I found … Read More


Market News
Atul Dodiya's S. S. Rajputana leaving the Port of Bombay - 29th August 1931.


COURTESY CHEMOULD PRESCOTT ROAD

Hong Kong’s Forthcoming M+ Museum Adds Dodiya Painting to Its Collection

M+, set to be Hong Kong’s first major museum for international contemporary art when it finally opens in the West Kowloon Cultural District in 2018, has acquired the painting S.S. Rajputana leaving the port of Bombay – 29th August 1931 … Read More


Market News
Enigma Machine, Berlin, July 1944.

COURTESY OF BONHAMS

Bonhams Sends Early Computing Artifacts to Auction

The fine books and manuscripts auction at Bonhams New York on April 13 will feature a number of computing relics, the house announced today, including a recently discovered 56-page handwritten manuscript by British mathematician and computer scientist Alan Turing, which is expected … Read More


Art Basel Hong Kong 2015 Market
"happy", a sculpture of Pharrell Williams by the artist Mr., at Perrotin

Pharrell and Fast Sales as Art Basel Hong Kong Continues

In the days following Friday evening’s opening of Art Basel Hong Kong, which runs through Tuesday at the Hong Kong Convention and Exhibition Centre, dealers continued to report sales. Pace parted with a Chuck Close tapestry and an Alexander Calder … Read More


Graphics Market
infographic_weekMarch09_FINAL4

Charting the Reach of E-Commerce Art Sites

Selling art online is a booming business. The just-released annual TEFAF report put 2014 online sales at about €3.3 billion ($3.5 billion), which represents 6 percent of the total art market. That was a solid jump from its 2013 estimate of €2.5 billion ($2.62 billion). … Read More


Art Basel Hong Kong 2015 Market
Nam June Paik at Gagosian.

Mao, Buster Keaton, and the Buddha at Bustling Opening of Art Basel in Hong Kong

The mascot for this year’s edition of Art Basel Hong Kong may very well be the 2005 mixed media installation by Korean artist Nam June Paik that fronts Gagosian Gallery’s booth. Golden Buddha consists of a Buddha figure watching itself … Read More


Market News
Photo by Zoë Lescaze.

Here’s the 2015 NADA New York Exhibitor List

The New Art Dealers Alliance announced today the exhibitors for the fourth edition of its NADA New York art fair. Returning to Basketball City at Pier 36 on the East River, this year’s NADA will include 100 galleries, including 27 … Read More


Market News
An exterior view of Untitled during the run of the show 'Jew York,' which was also presented at Zach Feuer.COURTESY UNTITLED

Untitled and Zach Feuer Galleries Will Merge on the Lower East Side

This May, two of today’s more prominent galleries for up-and-coming artists will merge. Zach Feuer, of the eponymous Chelsea gallery and Joel Mesler of the Lower East Side’s Untitled will together open Feuer/Mesler and Mesler/Feuer, two spaces on the L.E.S. that will … Read More


Market News
Paris Photo Los Angels at Paramount Studios.COURTESY PARIS PHOTO

Here Is the Exhibitor List for Paris Photo Los Angeles 2015

Paris Photo Los Angeles, the West Coast arm of the French photography fair that is held each year at L.A.’s Paramount Pictures Studios, has announced the exhibitor list for its 2015 edition. There are 80 galleries from 17 countries. The … Read More