Art Market

The rise of art business courses is a mixed blessing for the art trade

There are more art business courses than ever, but does the discipline need to define itself more clearly?

28 Feb 2017
David Hockney's early lithograph, 'Fish and Chip Shop' (1954), goes on sale at Christie's in March.

David Hockney’s art used to be cheap as chips

In 1954, the young David Hockney made a lithograph of his local chippie and gave it to the owners. It hung above the fryer for years

25 Feb 2017
Nana Oforiatta-Ayim (founder of ANO) at ANO’s new space in Accra. Photo: Latifah Iddriss, courtesy of ANO

Exploring Ghana’s growing art scene

Public funding for the arts in Ghana is practically non-existent, but a thriving network of artists and arts professionals is emerging

16 Feb 2017
Lacquered hide shield (dhal), second half of the 18th century, India, probably Mysore, buffalo hide, gold and velvet, diam. 45cm. Peter Finer (£200,000)

The growing market for Indian arms and armour

Exquisite pieces of Indian arms and armour are capturing the interest of international collectors

16 Feb 2017

A swashbuckling tale of trade and trickery

In 1804, a fleet of English merchant vessels fooled the French navy into retreat. Each captain was presented with an exquisite sword for their troubles

10 Feb 2017
Le domaine d'Arnheim (1938), René Magritte. Christie's Images Ltd. 2016 (£6,500,000-9,500,000)

An epic Magritte is set to be the highlight of Christie’s ‘Art of the Surreal’ sale

Auction highlights this month include works by Morisot and Magritte at Christie’s, and Sotheby’s inaugural ‘Erotic: Passion and Desire’ sale

8 Feb 2017
Eucharistic Dove

Collectors remain enamoured with Limoges enamels

Vibrant and intricate Limoges enamels from the 12th century are increasingly hard to come by, but collectors are willing to spend

28 Jan 2017
North Italian olivewood and walnut commode en arbalète (late 18th century). The Pedestal; £3,000–£4,000

Could hipsters save the antique furniture trade?

Antique furniture has been unpopular for years – but tastes are changing

27 Jan 2017
The trade now wonders how many more sophisticated forgeries will emerge, after this painting of St Jerome, thought by many to be by Parmigianino, was declared a fake by Sotheby's

Old Masters, new scandal, as a ‘Parmigianino’ painting is deemed a fake

As New York gears up for its Old Master sales, Sotheby’s has declared a work it sold in 2012 a forgery after tests found modern pigments

20 Jan 2017
FAW786 – Thrusting Red (1959, Frank Avray Wilson

Highlights of BRAFA art fair

BRAFA pulls off the tricky task of subtly reinventing itself to suit changing tastes, while catering to every specialism

17 Jan 2017
Meat Porters, (1959), Ralph Brown

Private collections may be a good thing for public institutions

In a time of increased uncertainty for public art institutions, museums are reevaluting their relationships with private collectors

16 Jan 2017

Why the market for Outsider Art is booming in New York

Prices for Outsider Art are now close to matching those fetched by the mainstream

15 Jan 2017

Art market predictions for 2017

Leading art market figures and auction house supremos make their predictions for the year ahead

6 Jan 2017
Diego Rodríguez de Silva y Velázquez

Sotheby’s takes a risk on a potential Velázquez

A ‘bodegón’ thought to be by Velázquez, a Tiepolo head study, and a stag-antler chair are just some of the highlights headed to auction this month

5 Jan 2017
Guercino at Master Drawings New York 2017

A tour around January’s art fair highlights

From British modern art, to antique rugs and Old Master drawings, there’s something for everyone on the art fair circuit this month

2 Jan 2017

The Old Masters stay fresh in London

The London Old Master sales may not have included any blockbuster paintings, but sales were strong for works fresh to the market

17 Dec 2016
St Stephen taken to his Martyrdom, (c. 1625-30), Andrea Vaccaro

The commercial and critical rise of the Caravaggisti

Caravaggio’s radical vision inspired a legion of followers across Europe, whose work is increasingly in the spotlight at museums and auction houses alike

13 Dec 2016
Head study of Dorothy Dene looking downwards, for ‘The Golden Stairs’, by Sir Edward Coley Burne-Jones © Christie’s Images Limited 2016 (detail)

Christie’s offers the makings of a Burne-Jones masterpiece

Not one, but two groups of preparatory work for Edward Burne-Jones’s monumental painting ‘The Golden Stairs’ have made it into the same sale

9 Dec 2016
St Joseph and the Christ Child (c. 1655-60), Bartolomé Esteban Murillo. Christie’s London (£3m–£5m)

A marvellous Murillo comes to Christie’s

Auction highlights this month include a masterful but unfashionable Murillo, and a captivating Egyptian sculpture of the lion-headed goddess Sekhmet

5 Dec 2016

Optimism at Art Basel in Miami Beach

Dealers are optimistic that sales will be strong despite a more muted atmosphere than previous years; plus the latest art market news and comment

2 Dec 2016
A bronze reclining figure of the Hermaphrodite (probably mid 17th century), Italy. Cast from the antique marble restored by Ippolito Buzzi in 1621-23. Christie's, estimate £200,000-300,000

Why a sleeping hermaphrodite is causing a stir at Christie’s

Horace Walpole’s aunt once quipped that the hermaphrodite was ‘the only happy couple she ever saw’. A bronze variation on the theme comes to auction soon…

28 Nov 2016
Rendering of the Zeitz Museum of Contemporary African Art (Zeitz MOCAA), Cape Town, which is scheduled to open in September 2017. Courtesy Heatherwick Studio

Does South Africa have what it takes to become a global art market hub?

With a new museum due to open in Cape Town soon, a growing gallery scene, and burgeoning international interest in contemporary African art, signs are good

24 Nov 2016
Meule (Grainstack) (1891), by Claude Monet, sold for a record $81.4m at Christie's New York.

New York’s art market holds steady despite political upheaval

A look at the highlights at Sotheby’s and Christie’s – plus a major sale in Stockholm, and the latest from Abu Dhabi

18 Nov 2016
Moon jar (18th century; Korean, Joseon dynasty, 1392–1897)

Will Korean ceramics regain their value on the global market?

‘People put great stock in the history. Without it, these objects are worth much less.’

16 Nov 2016