A New York Lawmaker Has Proposed a Bill to Increase Taxes on Auction Sales to Fund Public Art Education

Auctions

A New York Lawmaker Has Proposed a Bill to Increase Taxes on Auction Sales to Fund Public Art Education

The high-end art market might be coming under increased scrutiny as budgets tighten.

By Eileen Kinsella, Mar 15, 2021

Auctions

‘This Is Going to Be a Billion-Dollar Piece Someday’: The Buyer of the $69 Million Beeple NFT on Why It’s the Greatest Artwork in a Generation

Singapore-based NFT collectors Metakovan and Twobadour want to build "a massive monument" to their new work.

By Eileen Kinsella, Mar 12, 2021

Galleries

Paintings of Nuclear Tests and a Burning Notre Dame Will Set the Tone for Damien Hirst’s Yearlong Gagosian Takeover Show

"Damien has been fascinated with the idea of representing reality," says Gagosian director Millicent Wilner.

By Eileen Kinsella, Mar 4, 2021

Market

After a Year of Being Forced to Sell Art Online, Gallerists Have Learned 5 Surprising Lessons—and It’s Clear There’s No Going Back

We spoke with more than a dozen gallerists to learn their biggest takeaways, both positive and negative, from online viewing rooms.

By Eileen Kinsella & Kate Brown, Mar 1, 2021

Market

‘It’s All Happening’: As an NFT Artwork by Beeple Sells for $6.6 Million, Market Observers Are Torn Between Jubilation and Alarm

Within the space of an hour, a work on offer at Christie's jumped from $100 to $1 million.

By Eileen Kinsella, Feb 26, 2021

Law & Politics

A French Appeals Court Has Found Jeff Koons Guilty of Copyright Infringement Again—and Hiked Up His Fines

The Paris court shot down the Pompidou and Koons's appeal of the long-running case.

By Eileen Kinsella, Feb 24, 2021

Auctions

A Vincent van Gogh Landscape Never Before Seen in Public Could Fetch Nearly $10 Million at Auction Next Month

The painting has been housed in the private collection of a French family for more than a century.

By Eileen Kinsella, Feb 24, 2021

Market

How Artist Yoshitomo Nara’s Return to Japan After 12 Years Abroad Reshaped His Style—and Supercharged His Soaring Market

The artist's famously sassy cartoon characters command millions of dollars.

By Eileen Kinsella, Feb 21, 2021

Art World

As Museums Desperately Try to Diversify Their Collections, They Now Face Another Problem: How to Pay for It in a Financial Crisis

Some initiatives implemented prior to the pandemic have proved surprisingly resilient, while others are under major stress.

By Naomi Rea & Eileen Kinsella, Feb 10, 2021

Auctions

Artworks Owned by the Late Billionaire William Louis-Dreyfus Highlighted Christie’s Somewhat Muted $2 Million Outsider Art Sale

Bill Traylor, Martin Ramirez, and Thornton Dial were stars of the show.

By Eileen Kinsella, Jan 22, 2021

Auctions

This Rare Color Tintin Drawing Just Sold for €3.2 Million, Setting a New World Record for an Original Comic Strip

The artwork was originally supposed to serve as the cover for the Tintin comic "The Blue Lotus."

By Sarah Cascone, Jan 14, 2021

Opinion

Happy New Year? Kenny Schachter on His Money-Losing Auction, Battles on the Homefront, and the Art of Swiss Excess

To kick off 2021, our columnist Kenny Schachter spills the beans on his Sotheby's sale from his art collection, and some boardroom hi-jinx.

By Kenny Schachter, Jan 7, 2021

Auctions

Top Auction Houses Saw Total Sales Drop in 2020—But Sotheby’s Outpaced Rival Christie’s With $5 Billion in Revenue

Private sales, online sales, and demand from Asia are driving growth.

By Eileen Kinsella, Dec 18, 2020

Auctions

Here Are the 10 Most Expensive Works of Art Sold at Auction in 2020—and Why They Fetched the Prices They Did

Plus, who bought and sold them (when we could figure it out).

By Eileen Kinsella, Dec 14, 2020

Art Fairs

Art Basel Miami Beach’s Online Edition Sees Steady Sales as Dealers Seek Ways to Jazz Up the Staid Virtual Fair Format

Here's how dealers are faring.

By Eileen Kinsella, Dec 4, 2020