Share:In the kaleidoscopic world of contemporary art, one name shines brighter than the rest: Yayoi Kusama. Despite the occasional critic, the queen of polka dots has once again demonstrated her unrivaled commercial prowess, emerging as the world’s top-selling artist in the past year. According to a recent report by insurer Hiscox, the indomitable 95-year-old artist […]
Share:AstaGuru, known for its celebration of Indian art, is breaking new ground with its upcoming auction, titled “International Iconic.” Departing from the traditional focus on Indian artworks, this auction promises a stunning array of international modernist masterpieces. Scheduled for November 23-24, the event is poised to redefine collectors’ expectations by showcasing revered works from legendary […]
Share:Emily Fisher Landau’s Prolific Art Collection heading to auction with Sotheby’s is poised to make a significant impact on the art market. This collection, which includes pieces from celebrated artists like Picasso, Twombly, Warhol, and more, holds immense historical and artistic value. Here’s how it’s shaping the art world: Historical Significance: Emily Fisher Landau was […]
Share:While the art market is on the road to self-correction, 2017, which has seen 22 auctions by 15 auction houses, has been particularly weak in terms of market performance of Indian contemporary art There’s an interesting fact related to artist Bharti Kher which reflects the recent decline in investor interest in contemporary Indian art. Known […]
Share:When you think about art indices, you need to consider carefully what they choose to include as well as what they are forced to leave out. While making a laudable attempt to bring transparency to the opaque art market, they have always been hobbled by the lack of sales data available. All of them rely […]
Share:By Candice Choi ASSOCIATED PRESS NEW YORK | In the movies, the art auction is invariably portrayed as a glamorous event involving a hushed room full of people who raise paddles to bid on priceless works of art — a gathering of the advantaged engaged in a rite of class and privilege. Now, as the […]
Share:By Eugenia Levenson Is there a bubble in the art market? Sales of high-end works defy expectations amid an expanding pool of oil-rich buyers.NEW YORK (Fortune) — Luxury these days is a tale of two markets: consumers continue to snap up high-priced Louis Vuitton bags even as they balk at paying full price for Coach […]
Share:MIKE COLLETT-WHITE LONDON — There are enough “recession-proof,” super-rich buyers to push soaring prices for the best works of art still higher, experts predict, but the picture is less rosy at the lower end of the market.And in a world where perception is everything, values for even the world’s most sought-after artists could come back […]
Share:Deborah BrewsterWhen Roman Abramovich, the Russian metals and minerals tycoon, and Sheikh Saud al-Thani, from the Qatari royal family, both showed up this month at the Basel art fair, their presence caused a stir but no surprise. The commodities market and the art market have grown unlikely links.The huge wealth from oil and mining in […]
