Auctions With Camera Crews and a Slick Studio, Christie’s $88 Million Evening Sale in London Felt Like a TV Show—Luckily, Buyers Tuned in Buyers were asked to project their voices and "bid with purpose." By Naomi Rea, Oct 15, 2021
Auctions Sotheby’s Launches Metaverse, a Dedicated Digital Art Platform, With a Little Help From Pak, Paris Hilton, and Time Magazine The NFT arms race is heating up another notch. By Eileen Kinsella, Oct 15, 2021
Art Fairs Frieze Has Tapped Gallery Hyundai’s Patrick Lee to Direct Its Debut Art Fair in Seoul in 2022 The art industry veteran, who is currently on the ground at Frieze Masters, starts his new job in November. By Kate Brown, Oct 15, 2021
Auctions Asian Collectors Steal the Show at Sotheby’s $90 Million London Evening Sale, Buying Banksy’s Shredded Work and Competing for Young Artists The sale exceeded expectations thanks in large part to Asia's buying power. By Vivienne Chow, Oct 14, 2021
Art Fairs ‘Are There Any Left?’: A Sales Frenzy at London’s 1-54 Fair Reflects the Heated Demand for African Contemporary Art The fair features 48 galleries showing work by more than 150 African and diaspora artists. By Amah-Rose Abrams, Oct 14, 2021
Auctions These Sphinx Patio Ornaments Were Offered for $700 at an English Auction House. Turns Out They’re Ancient—and Sold for $265,000 A flood of bidders seems to have known something that the auctioneer did not. By Artnet News, Oct 14, 2021
Auctions Banksy’s Famed Shredded Artwork, ‘Love Is in the Bin,’ Sells for a Record $25.4 Million at Sotheby’s—18 Times the Non-Shredded Price Sotheby's was careful that Banksy had no more funny business planned, even though the 2018 stunt only enhanced the work's value. By Julia Halperin, Oct 14, 2021
Market Art-Market Dynamos Amy Cappellazzo, Yuki Terase, and Adam Chinn Are Betting on Asia With a New Advisory Venture The move is the latest vote of confidence in nimbler structures and the future of the Asian market. By Naomi Rea, Oct 14, 2021
Art Fairs Frieze London’s Newest Section Seeks to ‘Deconstruct the World as We Know It.’ There’s Good Art There, Too It's just one element that helps the fair feel more engaged with the outside world. By Kate Brown, Oct 13, 2021
Art Fairs ‘It’s Great to Be Back’: International VIPs Flock to Frieze London, Ready to See—and Spend—After a Year’s Hiatus The art fair opened to VIPs today and will be on view through October 17. By Naomi Rea, Oct 13, 2021
Art Fairs Frieze Masters Debuts in London With a Focus on Korean Art and a Slower-Than-Usual Pace (But There Were Still Multimillion-Dollar Sales) Many exhibitors are making a concerted effort to internationalize the market for Korean art. By Vivienne Chow, Oct 13, 2021
Auctions A Basquiat Painting Picked Up in 1998 for Less Than $400,000 Could Make More Than $40 Million at Christie’s in November The painting, created by the late artist while he was in Italy in 1982, stands to make a 10,222 percent return. By Caroline Goldstein, Oct 13, 2021
Auctions ‘We Found It in Bubble Wrap’: A 17th-Century Tiepolo Drawing Has Been Rediscovered in the Attic of a Historic U.K. Manor The forgotten drawing from Weston Hall will be auctioned by Dreweatts in November. By Sarah Cascone, Oct 12, 2021
Auctions Christie’s Will Sell Works by Dana Schutz, Nicolas Party, and Other Contemporary Art Stars to Benefit the NYC AIDS Memorial The fundraiser marks the memorial's 10th anniversary. By Eileen Kinsella, Oct 12, 2021
Galleries A New International Alliance for Galleries Has Drawn 163 Dealers to Help Shape the Future of the Struggling Sector A non-profit, the International Galleries Alliance is equally owned and operated by its members. By Taylor Dafoe, Oct 8, 2021
