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Logging In to Art from Around the World

The VIP Air Fair, which starts this Saturday, will feature 7,500 pieces of art by more than 2,000 artists, from nearly 140 galleries in 30 different countries — and it will be held entirely online. Could online viewing change t…

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Confidence Colors Contemporary Art Market, With Record Prices Set

Andy Warhol

Andy Warhol’s Self-Portrait garnered a record $32.6 million price at Sotheby’s. It wasn’t the only record breaker at the sale, signaling buyers’ rising confidence in the market.

Continue reading Confidence Colors Contemporary Art Market, With Record Prices Set

Confidence Colors Contemporary Art Market, With Record Prices Set originally appeared on DailyFinance on Thu, 13 May 2010 16:40:00.

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Pretty Picture for Art Sales as a Picasso Fetches a Record Price

christie's auction of picasso

Recession? What recession? Plenty of cash is flowing into the art market, even as the economy struggles to get back on its feet. Now, with Picasso’s “Nude, Green Leaves and Bust” garnering a record price, has the market recovered?

Continue reading Pretty Picture for Art Sales as a Picasso Fetches a Record Price

Pretty Picture for Art Sales as a Picasso Fetches a Record Price originally appeared on DailyFinance on Wed, 05 May 2010 14:25:00.

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Is the Art Market Bust Finally Over?

If the recent art market boom had a poster child, it may have been the British painter Lucian Freud. Before the boom ended suddenly in summer 2008, Freud’s paintings (like The Sparrowhawk, pictured here at a 2008 Christie’s auction in London) fetched sky-high prices, buoyed by an auction scene that seemed intent on adding zeroes to integers. It was stunning that any work by a living artist could fetch more than $30 million — but then the bottom fell out, the exuberance ended, and the market reeled from a year and a half of anguish.

Continue reading Is the Art Market Bust Finally Over?

Is the Art Market Bust Finally Over? originally appeared on DailyFinance on Fri, 22 Jan 2010 11:56:00.

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