Art Market – ArteryNYC

How Tony Shafrazi Went from Vandalizing “Guernica” to Inventing a Market for Graffiti Art

September 8, 2018

Artsy - On February 28, 1974, Tony Shafrazi entered the Museum of Modern Art in New York, went to the third floor, took out a can of red spray paint, and defaced Pablo Picasso ’s anti-war masterpiece Guernica (...

New York’s Chelsea galleries hope new storefronts will bring new business

Artery

September 8, 2018

Art and Culture, Art Market

The Art Newspaper - In recent years, falling foot traffic coupled with a rise in online sales have prompted art dealers to question the once-trusted gallery storefront model, which is increasingly seen as not o...

Rolling with the punches: how the art market bounced back

Artery

September 8, 2018

Art Market, Trending

The Art Newspaper - Ten years ago, on 15 September 2008, Damien Hirst sold £70.5m of his own work at Sotheby’s in London, a ballsy move by an artist, bypassing the usual middle-men. The same evening, Lehman Bro...

Christie’s reports record half year sales of £2.97bn

Artery

August 22, 2018

Art Market, Trending

The Art Newspaper -Christie’s reports it has netted its highest ever half year sales total (in pounds not dollars), racking up £2.97bn — a 26% increase on last year. The previous high of £2.9bn was in 2015. The...

Is the Art Market Ready to Embrace Work Made by Artificial Intelligence? Christie’s Will Test the Waters This Fall

Artery

August 22, 2018

Art and Technology, Art Market, Auctions

Artnet - Christie’s New York will make history this fall when it becomes the first auction house to sell a work of art made by artificial intelligence. The print on canvas, a product of an algorithm developed b...

‘Junk’ art stash may yield multi-million dollar masterpieces

Artery

July 24, 2018

Art and Society, Art Market, Artists

DW - New York gallery owner David Killen believes he has uncovered six paintings by Dutch-American abstract master Willem de Kooning, which — if verified — could be worth tens of millions of dollars. The wo...

Unpaid invoices, vetting issues and bad marketing: dealers call out ‘mismanaged’ Bahrain fair

Artery

July 24, 2018

Art and Culture, Art Fairs, Art Market

The Art Newspaper - It was supposed to be Bahrain’s flagship cultural initiative, an art fair with international programming that would raise the profile of the Gulf State’s artists, diversify the economy and...

Christie’s reports record half year sales of £2.97bn

Artery

July 24, 2018

Art and Culture, Art Market, Trending

The Art Newspaper - Christie’s reports it has netted its highest ever half year sales total (in pounds not dollars), racking up £2.97bn — a 26% increase on last year. The previous high of £2.9bn was in 2015. Th...

Sean Combs Is Revealed as Buyer of Kerry James Marshall Painting

Artery

June 1, 2018

Art Market, Theme Features, Uncategorized

NY Times - Ever since the sale at Sotheby’s on Wednesday night of “Past Times,” a monumental painting by Kerry James Marshall with a narrative centered on black experiences, many people have been speculating ab...

Amid Protests, Berkshire Museum’s Deaccession Sales at Sotheby’s Fall Short of Expectation

Artery

June 1, 2018

Art Market, Trending

Artnet - Despite another—albeit low-key—protest outside Sotheby’s this morning, the sale of selected works from the Berkshire Museum of Art collection continued apace on Wednesday. Critics gathered with signs i...