Art market

Art marketComment

Overseas galleries and art advisors listen up: you are not immune to new money laundering laws at UK fairs this autumn

Those exhibiting and doing business at events in the country now have to abide by the same, stricter rules as British businesses

Frieze Art Fairs return to Regent’s Park in October—so what has changed since 2019?

Galleries from 39 countries will participate this year as the art fair circuit kicks back into life

Thatcher and tampons: How Tracey Emin came to sell her unmade bed to Charles Saatchi

British artist says she had previously refused to sell her work to the YBA collector after his ad campaign rocketed Margaret Thatcher to power in 1979

Here is a glimpse of what you can expect at Art Basel's return event in Switzerland next month

Visitor capacity is capped at 20%, but organisers are bringing back both Unlimited for large-scale works and the public art trail Parcours

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Need a 100-year-old Inuit parka made from seal guts? Dealer Peter Petrou to sell collection at Sotheby's

The London-based dealer of four decades is downsizing and having a 200-lot sale of contemporary art, Modern furniture, ethnographic art and antiquities

Let them buy cake! From Charles and Diana to Donald Trump, the auction stars of the wedding cake world

As a 40-year-old piece of icing and marzipan sells for £1,850, we look at the market for elderly baked goods (topped by a £15,000 biscuit)

Superblue to bring its immersive art experiences to New York and London this autumn

Dutch duo DRIFT launches multi-sensory exhibition at The Shed, while Japanese-British collective Studio Swine’s presentation will go on show in Pace Gallery’s Burlington Gardens venue

The dep-Art-ment store: New York gets new gallery hub within Barneys former flagship store

Tefaf New York's former co-owners will launch the five-storey Art House this November with space for 60 galleries and a member's club—a similar model to London's Cromwell Place

New York International Antiquarian Book Fair cancels its September edition

Officials cite a surge of Delta variant cases and the ongoing travel bans to the US, which blocked more than half of the event’s exhibitors from attending

Place your bids: Sotheby’s to auction 11 Picassos live from Bellagio in Las Vegas

The works, chosen by casino mogul Steve Wynn, will be auctioned as the entertainment group MGM Resorts moves to focus its art collection on "diversity and inclusion"

California man admits to selling over $1m in forged art, purportedly by Richard Hambleton and Barkley Hendricks

Jason Harrington pleaded guilty to selling phony paintings to at least 15 galleries and individuals between 2018 and 2020

Jailed diamond dealer and art collector Nirav Modi fights extradition to India on mental health grounds

Modi, who is currently held in Wandsworth Prison in London, is wanted for allegedly defrauding a state bank of £729m

How do you spot a looted antique? Germany brings in team of experts to help

Government has established €600,000 three-year pilot project called NEXUD to combat illegal trade in antiquities

Exuberant Van Gogh landscape—featuring his beloved olive and cypress trees—could well make $40m at Christie's New York

Always hidden away in private collections, the painting will probably sell to a someone in the Far East

a blog by Martin Bailey

Safani Gallery's lawsuit against Italy over disputed antiquity dismissed in court

The New York-based gallery sued after US authorities seized a bust of Alexander the Great in 2018. The sculpture's ownership and future remains unresolved

Young British artist Tunji Adeniyi-Jones paired with Duncan Grant for the Bloomsbury set artist’s first solo show since he died in 1978

Exhibition at Charleston farmhouse in East Sussex comes as White Cube gallery announces representation of the 28-year-old Brooklyn-based painter

Former dealer Angela Gulbenkian is sentenced to three and a half years for defrauding art clients

Charges involved sale of a £1.1m Yayoi Kusama pumpkin sculpture that was never delivered and the theft of £50,000 that a friend had given her to invest

Felix brings the in-person art fair back to Los Angeles

The fair, hosted at the glitzy Hollywood Roosevelt hotel, features 29 L.A. based galleries and is bolstered by the city's own gallery weekend and the Frieze online viewing room

'I am honoured to be one of the first Black men to have my work sent to space': Amoako Boafo to paint triptych on rocket

The Ghanaian painter speaks about his plans for the work, which will be attached to the head of a Blue Origin New Shepard rocket when it blasts into space this autumn

Douglas Chrismas arrested for allegedly embezzling over $260,000 from Ace Gallery’s bankruptcy estate

Chrismas, who founded the Los Angeles gallery in 1967, is accused of embezzling the funds while acting as the estate’s trustee and custodian

Damien Hirst laid off 63 people last autumn while claiming £15m in government Covid-19 loans

Job cuts came after major retrospective in Beijing was cancelled due to the pandemic

Anny Shaw. with additional reporting by José da Silva
Art marketpreview

'If your pictures aren't good enough, you're not close enough': vintage prints by war photographer Robert Capa to headline Photo London

Some of the earliest known prints by the mythological founder of Magnum to be shown from an unseen private collection

UK art fairs breathe sigh of relief as government waives quarantine for vaccinated overseas exhibitors

Some US and European galleries at events such as Photo London in September had threatened to drop out due to added cost of isolating in hotels

Why are there so few black-owned galleries in London?

Despite the stars of so many artists of colour rising in the West, the trend is not reflected within the dealer community