artwork

    By Jane L. Levere

    | 9:00AM 1/22/2011
    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?

    By Zac Bissonnette

    | 5:30PM 4/01/2010
    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...

    By Tom Johansmeyer

    | 11:56AM 1/22/2010
    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.

    By Tom Johansmeyer

    | 6:00PM 11/14/2009
    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...

    By Tom Johansmeyer

    | 12:30PM 10/26/2009
    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...

    By Tom Johansmeyer

    | 12:30PM 8/31/2009
    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...

    By Tom Johansmeyer

    | 2:20PM 8/03/2009
    Legendary photographer Annie Leibovitz has fallen afoul of her erstwhile saviors, Art Capital Group. Last year, Art Capital lent her $24 million in return for the right to sell her art and homes; now it is saying that the artist refuses to follow through on her obligations. Art Capital Group has...

    By Jason Cochran

    | 5:00PM 3/13/2009
    As investors hold off on putting their bucks back in stocks, the art market is newly attractive. Wes Cowan, who owns an Ohio gallery and is an expert on two of the greatest TV shows in the history of mankind, History Detectives and Antiques Roadshow, told the Cincinnati Enquirer that for a recent...

    By Vanessa Richardson

    | 12:00PM 1/02/2009
    My office is around the corner from a branch of the Academy of Art in San Francisco. Every day, I see "creatively" dressed youngsters dragging massive black portfolios to and from class. Sometimes they do photo shoots on my street, doing closeups of eggs splattered on the pavement or scantily-clad...

    By Julie Tilsner

    | 4:30PM 9/30/2008
    Let us all shed a tear for disgraced Lehman Brothers Holding Inc. chairman Richard Fuld Jr., forced out from the helm of power and now forced to do what the rest of us do when money gets tight: Cut expenses and sell off assets. He's just put a block of post-war artwork up for November auction....