Auctions Christie’s Aims to Lure Chinese Buyers With a $47 Million Restituted Franz Marc Painting at Its Shanghai-London Relay Sale The auction house hopes deep-pocketed young Chinese buyers interested in Western art will stay on to bid remotely for the London sale. By Vivienne Chow, 2 hours ago
NFTs Picasso’s Granddaughter and Her DJ Son Are Minting 1,010 NFTs Based on a Ceramic Dish the Artist Made in 1958 John Legend and Nas even made a song about the bowl. Really! By Sarah Cascone, 13 hours ago
Auctions A Cash-Strapped Korean Museum Hoped to Raise Money by Auctioning Off Two National Treasures. They Didn’t Get a Single Bid The works will now be returned to the Kansong Art and Culture Foundation. By Vivienne Chow, 17 hours ago
Auctions Despite Drawing Measured Interest From Only Three Bidders, Sandro Botticelli’s ‘Man of Sorrows’ Sells for $45 Million The work, long believed to be by assistants in the artist's studio, was reattributed to Botticelli in 2009. By Eileen Kinsella, 18 hours ago
Galleries Dealer Esther Kim Varet Has a Talent for Opening Galleries in Rising Art Hubs Before Others Do. Her Next Bet? Texas The Dallas outpost of her gallery Various Small Fires will open in April. By Eileen Kinsella, 1 day ago
NFTs Which Celebrities Have NFTs as Profile Pics? Here Are 21 of the Most Unexpected, From Ozzy Osbourne to Shonda Rhimes Celebrities are really leaning into NFT PFPs. By Caroline Goldstein, 1 day ago
Art Fairs Palace Coup: Art Basel Has Ousted FIAC From Its Historic Home at the Grand Palais in an Audacious Bet on a New Paris Fair MCH group will take over the fair's October slot in France while RX France will keep Paris Photo in November. By Kate Brown, 2 days ago
Galleries The Descendant of Matisse and Duchamp Wanted to Be a Mechanic. Now He’s a Starmaking Art Dealer Louis Shannon's Lower East Side gallery, Entrance, is making waves in New York. By Annie Armstrong, 3 days ago
Market The Louvre Is Bringing in Experts From Sotheby’s to Hunt for Looted Artworks in Its Storied Collection The experts will spend three years researching the museum's collection. By Vivienne Chow, Jan 24, 2022
Art Collectors What I Buy and Why: Cameroonian Collector Diane Audrey Ngako on How a Garage Sale Sparked Her Passion for Collecting We caught up with collector Diane Audrey Ngako on how she spots emerging African artists and the Kehinde Wiley work she covets most. By Naomi Rea, Jan 24, 2022
Art Fairs Art Basel’s Parent Company MCH Group Bought Back a Minority Stake in the Singapore Fair ART SG Just a Few Years After Selling It Off The Swiss conglomerate is expanding its presence in Asia beyond its longtime hub of Art Basel in Hong Kong. By Vivienne Chow, Jan 24, 2022
NFTs ‘Idols Are Dead’: TRON Founder Justin Sun on the Opportunities That Crypto Art Presents for His Rising Generation Artnet NFT's Jiayin Chen spoke to the billionaire entrepreneur about his engagement with the art world, and his thoughts on the future. By Jiayin Chen & Artnet NFT in Partnership With APENFT Foundation, Jan 24, 2022
Art Fairs Sales Were A-Poppin’ at the Fog Design and Art Fair in San Francisco, Showing a Strong Left-Coast Market Ahead of Frieze LA Buyers turned out in droves. By Eileen Kinsella, Jan 24, 2022
Auctions A Turf War Between South Korea’s Galleries and Auction Houses Heats Up as a Trade Organization Warns of a ‘Collapsing’ of Market Order Galleries allege that the auction houses have decimated their businesses. By Eileen Kinsella, Jan 21, 2022
Art Fairs Art Basel Hong Kong Will Have More Than 30 Additional Exhibitors Than Last Year—and Way More ‘Ghost Booths,’ Too The fair’s organizers also announced a contingency plan should the event, currently set for late March, need to be postponed. By Artnet News, Jan 20, 2022
