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At the Park Avenue Armory, art history was written and recontextualized in real time.
"Art Basel remains the most important fair of the year… It starts strong, and it stays strong."
To demystify this fast-growing corner of the market, Observer spoke with more than a dozen galleries, publishers and artists in New York and Los Angeles.
The auction house closed the sale with a 98 percent sell-through rate and strong results for fresh-to-market works from the Barbier-Müller, Donati and Wingate collections.
Christie’s Zabludowicz sale met expectations, while Phillips’ more globally diverse offerings demonstrated that priority bidding can still secure buyers in this more disciplined ma...
These are the lots worth watching.
From priority bidding to record watch sales and a 40 percent new-buyer rate, the auction house's spring season tells a story about where the auction market is heading.
Many gallerists are questioning the fundamentals of their business. It’s as if the art world they know has fallen off its axis.
The evening closed with a 97 percent sell-through rate, as deep bidding, prearranged guarantees and irrevocable bids kept the rhythm going over a two-hour marathon session.
While the usual sense of urgency was lacking, dealers reported that collector response on opening day was solid.
After four years of uneven sales, the auction houses engineered a successful season by redefining the expectations of buyers and sellers—and avoiding flops.
Event contracts will be tied to selling prices of and realized values of fine art. Contracts resolve “against publicly reported results” Adds to Kalshi’s roster of derivatives tied...
Works made after an artist's death fall into a fascinating gray zone, but that doesn't mean they're not a good buy.
Achieving more than double last year’s total, the white-glove Modern & Contemporary Art Evening Sale was led by standout works by Warhol, Monet and Richter.
A small cork and a scarab rest on the metal “frame” made of lead and steel. Lot 117 “Untitled” (1988), a work by Greek-Italian artist Jannis Kounellis, was sold in May at an auctio...
The founder and director of La Finca Collection Strategies believes that the next great art-market opportunity lies in knowing how, when and where to sell.
Beyond exceptional trophy objects, the Classics market proved selective and unforgiving: several Old Master works needed the premium to reach low estimates while others failed to s...
"This is really the sense of what a gallerist is, rather than an art dealer: you put together shows, you put together catalogs, you actually contribute something to art history." C...
Art Basel 2026 in Basel draws thousands as high-end works by Picasso, Warhol and Hockney fuel a recovering global art market after years of decline.
"No human advisor can continuously monitor the entire art market. A.I. can... It gives people access to information and discovery tools that were previously available only to insid...
Recent closures and market contractions couldn't dull a weekend that stretched from Cork Street to the East End
With From Code to Canon, ArtMeta used Art Basel’s Zero 10 to frame digital art not as a niche of screens and NFTs but as a seventy-year history of machines, code, systems, science...
Readers respond to a guest essay by a former global art director about the struggles that galleries face.
These fairs, with their smaller scales, make space for emerging artists whose practices move between myth, technology, diaspora, infrastructure and material experimentation.
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