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
Galleries Perrotin Is Launching a Secondary-Market Business in Paris to Offer Collectors a Bespoke ‘Alternative to Auction Houses’ The venture will be housed in a townhouse near the Grand Palais and Sotheby's and Christie's salesrooms. By Eileen Kinsella, Dec 15, 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
Auctions Phillips’s First Joint Sale With Poly Auction in Hong Kong Reaped a Solid $50 Million and Set a Flurry of Records for Up-and-Coming Artists New records were set for Lucas Arruda, Bernard Frize, Salman Toor, and Matthew Wong. By Eileen Kinsella, Dec 3, 2020
Auctions Buoyed by Demand for Young Stars, Christie’s Hybrid New York and Hong Kong Auction Fetched a Healthy $119 Million New records were set for Amoako Boafo, Shara Hughes, and Dana Schutz, among others. By Eileen Kinsella, Dec 2, 2020
Art & Exhibitions Before She Died, Artist Anne Truitt Completed a Series of ‘Sound’ Paintings. Now, They’re Seeing the Light of Day for the First Time The works on paper, which represent something of a departure for the artist, comprise a new exhibition at Matthew Marks. By Taylor Dafoe, Nov 19, 2020
Art Fairs Art Basel Has Postponed Its March Hong Kong Fair to May as Travel Uncertainty Likely Delays the Market Calendar’s Return Until Mid-Year Meanwhile, online viewing rooms are planned for Art Basel Miami Beach. By Eileen Kinsella, Nov 17, 2020
Art & Exhibitions Two Landmark US Museum Shows Will Spotlight the Long Overlooked History of Modern and Avant-Garde Korean Art The Guggenheim and LACMA have ambitious surveys of 20th-century Korean art planned for 2022. By Artnet News, Nov 10, 2020
Auctions Two Major Joan Mitchell Paintings Could Fetch a Total of $19 Million at Phillips Next Month The auction house is hoping to cash in on the excitement of a big retrospective of Mitchell's work next year. By Taylor Dafoe, Nov 9, 2020
Art Fairs Dealers Report Only a Smattering of Sales at Art Basel and TEFAF’s Online Art Fairs, Raising Doubts About the Value of the Virtual Events But with low or no cost to participate, there's not much risk either. By Eileen Kinsella, Nov 3, 2020
People Tate Has Suspended Curator Mark Godfrey for Openly Criticizing Its Decision to Postpone the Philip Guston Show He Co-Organized Godfrey took to social media shortly after the show was postponed to blast the decision as "extremely patronizing to viewers." By Sarah Cascone, Oct 28, 2020
On View An Eagle-Eyed Art Lover Rediscovered a Long-Lost Jacob Lawrence Painting After Recognizing It in a Friend’s Apartment The work is now on view as part of a larger show of the artist's work at the Metropolitan Museum of Art. By Sarah Cascone, Oct 21, 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
Auctions How Are Auction Houses Retooling for Fall’s Major Virtual Sales? Here Are 8 Lessons They Learned This Summer Experts from the Big Three houses explain their takeaways from this summer's online-only mega-sales—and what they mean for the fall editions. By Artnet News, Oct 5, 2020