Art Market – ArteryNYC

Sean Combs Is Revealed as Buyer of Kerry James Marshall Painting

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...

Diego Rivera Painting Sells for $9.76 M a New Record for Latin American Art at Auction

Artery

May 12, 2018

Art and Culture, Art Market

ARTNEWS - Last night in a jam-packed salesroom at Christie’s in Rockefeller Center in Midtown Manhattan, a sale of 19th- and 20th-century art from the collection of Peggy and David Rockefeller brought $646.1 m...

How the $646 Million Rockefeller Collection Broke the Record for Most Expensive Estate in History

Artery

May 12, 2018

Art and Society, Art Market, Trending

Artsy - - The collection of Peggy and David Rockefeller became the most expensive estate in history on Tuesday night, after an evening sale of 44 works by European masters at Christie’s New York totalled $646 m...

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

Artery

April 10, 2018

Art and Society, Art Market

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...