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Every year Clare McAndrew produces a market report (PDF) for Art Basel and UBS. Eileen Kinsella has boiled down the summary at the beginning of the report for Artnet. In the Standard Olga Kronsteiner has formulated a coherent text on the most important points.For the FAZ of 8 April, Ursula ... read more
For the fifth time since its founding in 2017, Art Düsseldorf has just taken place. Georg Imdahl is pleased in the FAZ: "The fifth edition of Art Düsseldorf confirms it: the small fair with 95 exhibitors this time has established itself. Doubts as to whether a second marketplace close to Art Cologne was really necessary have been dispelled by the ... read more
Even though the art world's support for Ukraine and the victims of the earthquakes in Syria and Turkey has become somewhat quieter, it still exists. Postcards for Ukraine by Munich gallerist siblings Sperling is currently offering the 139th work by lot in exchange for a donation of 350 euros, and Hamburg artist Nina Kuttler is just entering the sixth round ... read more
The Russian sanctions have made the art market one of the most regulated sectors, explains Paula Trommel in The Art Newspaper: "The traditional refrain about the art market has been that it is the last unregulated market. This refrain was never entirely accurate, but now it is less and less correct. Not only do various laws like sanctions and bans ... read more
Scott Reyburn describes in the New York Times how the Tefaf in Maastricht is holding its own in the art market: "But arguably the biggest challenge TEFAF faces is the way the pendulum of collecting taste has swung decisively toward contemporary art in recent years, putting pressure on fairs with a historical focus, such as Masterpiece in London and TEFAF's ... read more
Scott Reyburn from London reports mixed auction results for the New York Times: "Both totals were considerably lower than the $298 million and $297.2 million achieved by Christie's and Sotheby's at their equivalent sales last March. Experts are concerned that in the current geopolitical climate, this is a market with a softening middle, particularly for modern artworks. Because the global ... read more