art market

The VIP Air Fair, which starts this Saturday, will feature 7,500 pieces of art by more than 2,000 artists, from nearly 140 galleries in 30 different countries -- and it will be held entirely online. Could online viewing change the selection -- and potentially the value -- of art?

Qatar is interested in purchasing world-famous auction house Christie's. "We are building a museum and it [Christie's] has links with the stuff we are collecting for our museum," Emir Hamad bin Khalifa al-Thani told The Financial Times. "It depends on the opportunity - if we had a good...

Andy Warhol's Self-Portrait garnered a record $32.6 million price at Sotheby's. It wasn't the only record breaker at the sale, signaling buyers' rising confidence in the market.

Recession? What recession? Plenty of cash is flowing into the art market, even as the economy struggles to get back on its feet. Now, with Picasso's "Nude, Green Leaves and Bust" garnering a record price, has the market recovered?

Southfield, Michigan-based Park West Gallery is no stranger to controversy. The company, which does a brisk business selling art on cruise lines including Carnival and Royal Caribbean, has been the subject of numerous lawsuits chronicled by the New York Times back in 2008 and more recently has...

Christie's International says expects to have a better year in 2010 than it did in 2009. Yet there are degrees of recovery: Though the practice of guaranteeing minimum prices is poised to return, sellers won't see a swift return to the prices objects fetched at auction in 2007.

After a year and a half of art market anguish, there are signs of a comeback, with the tone set by Lucian Freud's black eye. The coming wave of contemporary art auctions are estimated to be 68% higher than last year, bringing a renewed hope to collectors around the world.

Ask any investor, and he'll tell you the best place to enter the market is at the bottom. Buy low and sell high, right? The institutional crowd knows this lesson best, and after a rocky year in traditional financial markets, many are now drawn to what seems to be the market bottom for a more...

The 2008/2009 art market ended seven years of astonishing price inflation. By the end of 2008, contemporary art suffered a price decline of 27.1 percent, followed by another 4 percent drop in the first half of 2009, according to ArtPrice's new report, Contemporary Art Market: The ArtPrice Annual...

The fine-art market has shrunk for the past five quarters. With prices plunging, auction houses have been looking for any positive sign they can find. ArtPrice is chiming in with its own bit of good news. The Art Price Global Index, it says, increased 4.97 percent in the second quarter. While this...