Auctions Will This Rare Botticelli Portrait Reset the Old Masters Market? A Renaissance ‘Golden Boy’ Could Fetch $80 Million Sotheby's is offering a rare Botticelli portrait with an extensive museum exhibition history and an $80 million estimate. By Eileen Kinsella, Sep 24, 2020
Auctions ‘Business as Usual Went Right Out the Window’: How Lockdown Forced Auction Houses Into the Future—for Good Despite suffering a nosedive in revenue, here’s how the biggest auction houses in the world are evolving to survive. By Eileen Kinsella, Sep 24, 2020
People What I Buy & Why: New York Collector Sana Rezwan on Buying Art via PDF and the One Treasure That Got Away Rezwan is especially invested in supporting South Asian women artists. By Eileen Kinsella, Sep 24, 2020
Auctions A Hedge-Fund Manager Who Once Tried to Acquire Sotheby’s Has Just Bought His Way Into a Top Job at the Auction House The increasing financialization of the art market makes Klabin a solid fit for Sotheby's. By Eileen Kinsella, Sep 23, 2020
Art and Law The FBI Has Arrested Two New York Antiquities Dealers for Falsifying Ownership Histories Using Dead Collectors’ Names The owners of Fortuna Fine Art have been charged with falsifying documents. By Eileen Kinsella, Sep 22, 2020
Art Fairs For the First Time, TEFAF Will Allow Digital Vetting of Artworks as It Plans for an Online Edition to Replace Its Fall New York Fair To appeal to collectors who have tired of scrolling through screens, each dealer will present only a single "masterpiece" for the fair's online edition. By Eileen Kinsella, Sep 21, 2020
Art World ‘The Local Audience Is the Central Audience’: As Tourism Tanks Across the US, Museums Pivot to the Visitors in Their Own Backyards As US museums slowly reopen in some major cities, their strategies are evolving to accommodate audiences newly dominated by local visitors. By Eileen Kinsella & Tim Schneider, Sep 18, 2020
Art Fairs Miami’s Art Fairs Can Account for 50 Percent of a Gallery’s Annual Sales. Here’s How Dealers Are Coping With Their Cancellation While some in the trade focus on their bottom lines, others see benefits to slowing down. By Eileen Kinsella, Sep 18, 2020
Auctions The King of the New York Auctions This Fall Isn’t Picasso or Pollock. It’s a T. Rex Named Stan—and His $8 Million Skeleton The skeleton is expected to bring in as much as $8 million. By Eileen Kinsella, Sep 16, 2020
Art World The Chief Executive of a Major Mining Company Will Step Down After It Destroyed Two Sacred Aboriginal Structures in Australia The Rio Tinto mining company initially characterized the demolition as a "misunderstanding." By Eileen Kinsella, Sep 11, 2020
Galleries Famed Collector Charles Saatchi’s Only Daughter Is Opening a Huge London Gallery in Mayfair to Show Emerging Artists Phoebe Saatchi Yates is opening the space with her husband, Arthur. By Eileen Kinsella, Sep 10, 2020
Galleries Hauser & Wirth Has Rallied More Than 100 Art Stars to Donate Works for a Fundraiser to Rescue the Queens Museum and 15 Other At-Risk New York Nonprofits The Swiss Institute, White Columns, and a host of other institutions will benefit from the sale. By Eileen Kinsella, Sep 10, 2020
Market As a Tax Exemption Expires, the Art Trade Is Slammed With a New Tariff on Chinese Artworks Imported to the US Many US dealers hope the tax won't be here to stay By Eileen Kinsella, Sep 9, 2020
Market Millennials Are More Interested in Buying Art Than Ever—and 5 Other Takeaways From a New Art Basel Report on the State of the Market Despite a dramatic drop in sales, the report has a few bright spots. By Eileen Kinsella, Sep 9, 2020
Art World French Art Museums Get a Big Boost From the Government’s New $2.4 Billion Rescue Package for the Culture Sector The Louvre, Musée d'Orsay, and the Centre Pompidou are among the institutions that stand to benefit. By Eileen Kinsella, Sep 8, 2020