Auctions Sotheby’s Will Sell a Nine-Foot-Tall Giacometti Sculpture for at Least $90 Million in an Unusual Sale Where the Bids Are Kept Secret The work reportedly comes from the collection of billionaire Ron Perelman. By Eileen Kinsella, Oct 21, 2020
Art Fairs This New Palm Beach Art Fair Aims to Create Some Extra Buzz Around the City’s Burgeoning Art Market Veteran fair organizers David and Lee Ann Lester unveiled plans for the new event in Palm Beach—and the concept of an "art bubble." By Eileen Kinsella, Oct 20, 2020
Auctions A Decade Ago, Supersize Images by German Photographers Were Selling for Millions. Now, Prices Have Fallen Off a Cliff A work by Andreas Gursky sold in 2011 for more than the combined auction sales of every contemporary German photographer in the first half of 2020. By Eileen Kinsella, Oct 19, 2020
Auctions The Brooklyn Museum Just Made $6.6 Million Selling Art From Its Collection—and It’s Putting More on the Block The museum hopes to raise $40 million in total. By Eileen Kinsella, Oct 16, 2020
Art Fairs TEFAF Is Known for Its Top-Notch Vetting Process. But Can It Work Online? Here's how the fair is applying its high standards to the first online edition. By Eileen Kinsella, Oct 14, 2020
Market Christie’s Experimental Partnership With the Biennale Paris Fair Bombs With Less Than a Quarter of the Works Sold The new online event reaped just $1.7 million in sales. By Eileen Kinsella, Oct 13, 2020
Art World Veteran Guggenheim Curator Nancy Spector Has Been Cleared of Racial Bias Allegations—But She’s Leaving the Museum Anyway The first Black curator to organize a show at the museum, Chaedria LaBouvier, brought the allegations against Spector. By Eileen Kinsella, Oct 8, 2020
Art and Law Cementing a $6.8 Million Win for Artists, the US Supreme Court Declines to Hear the Landmark Case Over the Destruction of Graffiti Mecca 5Pointz Artists can now claim a major and final victory. By Eileen Kinsella, Oct 7, 2020
Auctions A Matthew Wong Painting Just Sold at Christie’s for a Record $4.5 Million, Marking a Frenzied Turning Point in the Late Artist’s Market The price soared above the painting's high estimate of $700,000. By Eileen Kinsella, Oct 7, 2020
Auctions A $28 Million T-Rex Skeleton Was the Undisputed King of Christie’s Otherwise Muted $341 Million Contemporary Art Auction Christie's added a fair amount of theater to the hybrid event, including live commentary by two of its specialists. By Eileen Kinsella, Oct 7, 2020
Auctions Mega-Collector Ronald Perelman’s $28 Million Gerhard Richter Carried Sotheby’s Contemporary Art Auction in Hong Kong A museum in Japan snapped up the Richter work during the $88 million auction. By Eileen Kinsella, Oct 6, 2020
Analysis American Museums Are Taking Advantage of Relaxed Rules to Sell More Than $100 Million of Art at Auction This Season The Baltimore Museum is one of eight art institutions selling blue-chip art at auction this season amid relaxed rules about deaccessioning. By Eileen Kinsella, Oct 5, 2020
Auctions Sotheby’s $4.6 Million Sale of Keith Haring’s Personal Art Collection Tripled Expectations and Drew in Droves of New Buyers The proceeds from the sale will benefit the Lesbian, Gay, Bisexual, and Transgender Community Center of New York. By Eileen Kinsella, Oct 2, 2020
Market Palm Beach Emerges as the Latest Sun-Kissed Mega-Gallery Outpost as Dealers Follow the Money to America’s Resort Towns Move over, Hamptons. By Eileen Kinsella, Oct 1, 2020
Art Fairs Art Basel’s Parent Company MCH Looks for New Revenue Opportunities After Losing More Than $25 Million in the First Half of 2020 Amid steep losses, now legal action could thwart a much-hoped for investment from James Murdoch. By Eileen Kinsella, Sep 30, 2020