Art Market – ArteryNYC

Why Investing in Fine Art is Different Than Investing in Traditional Asset Classes

April 10, 2018

Artsy - Dmitry Rybolovlev thought he’d been ripped off when he paid the Swiss art dealer Yves Bouvier $127.5 million for Leonardo da Vinci’s Salvator Mundiin 2013, once he learned Bouvier had paid between $75 a...

Surfacing on the market: from Giacometti to Le Corbusier

Artery

February 13, 2018

Art and Society, Art Market

The Art Newspaper - Diego and Alberto Giacometti dominated design sales during 2017. In Christie’s Paris sale of the fashion designer Hubert de Givenchy’s collection of designs by the brothers last March, a tab...

What Sold at Zona Maco

Artery

February 13, 2018

Art and Culture, Art Fairs, Art Market

Artsy - There’s no question that the hundreds of collectors, dealers, and museum types who descended on Mexico City this week for a trio of art fairs have a terrific time enjoying the city’s world-class museums...

‘Leonardo da Vinci artwork’ sells for record $450m

Artery

November 16, 2017

Art Market, Trending

BBC - A 500-year-old painting of Christ believed to have been painted by Leonardo da Vinci has been sold in New York for a record $450m (£341m). - read more ...

The Tax Strategy That Fuels the Art Market That May Be about to End

Artery

November 10, 2017

Art and the Law, Art Market

Artsy - More art market participants than ever before now use a special tax strategy that enables them to defer paying capital gains taxes on the sale of art, making it an ever-more-important factor fueling art...

Ultra-rich will spend $2.7 trillion on art by 2026 says Deloitte

Artery

November 9, 2017

Art Market

The Art Newspaper - The fifth Deloitte Art & Finance Report, released today at the firm’s conference in Milan, forecasts that the ultra rich will spend $2.7 trillion on art by 2026. - read more...

London Auctions Are on the Rise, but a Big Failure Casts a Shadow

Artery

October 25, 2017

Art Market, Trending

The New York Times - “Sales of contemporary art have returned to a growth path,” the auction result database artprice.com said in a report published on Oct. 2. According to the report, after two years of “healt...

What Sold at Frieze London and Frieze Masters

Artery

October 12, 2017

Art Fairs, Art Market

Artsy -If London’s 15th Frieze Week is any indication, the top of the art market appears to be humming along, while dealers in other sectors feel stuck in some sort of limbo, much like the country that hosted t...

Vietnamese Art Has Never Been More Popular. But the Market Is Full of Fakes

Artery

August 11, 2017

Art and the Law, Art Market

The New York Times - HO CHI MINH CITY, Vietnam — The exhibition at the Fine Arts Museum in Ho Chi Minh City was billed as a triumphant homecoming for works by some of Vietnam’s most influential artists. - read ...

Three Ways the 1973 Scull Sale Changed the Art Market

Artery

April 28, 2017

Art and Culture, Art Market, Auctions

Artsy - Many common complaints about today’s contemporary art market—the billions of dollars sloshing around the market, the spectacle-driven fairs, the speculators and profit-seekers buying up works by young a...