art market

Post image for Bank Offers Art-Buying Classes for Heirs and Heiresses

According to Bloomberg, Citigroup is hoping to prevent losses by teaching the heirs of its wealthiest bank customers how to invest in art.

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Post image for Mapping the Most Expensive Artworks Sold by Country

A new series of maps created by attempts to look at art valuation based on country of origin.

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Post image for The Best Way to Collect Contemporary Art: Patiently and Passionately

When art and commerce mix, a certain level of mania is inevitable: it’s what you get when passion and pragmatism collide.

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Post image for Stefan Simchowitz Isn’t as Controversial as He’d Like You to Believe

Stefan Simchowitz has a talent for making himself the center of conversation. That talent was on full view over the past week, since the New York Times released its Sunday magazine profile of the art collector/dealer.

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Post image for Making Sense of NYC’s $1.5 Billion Art Auction Week

Listen up: $1.5 billion!

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Do Mexican Drug Lords Buy Art?

by Laura C. Mallonee on September 22, 2014

Post image for Do Mexican Drug Lords Buy Art?

Art gallerists in Mexico are blaming slow business on an anti–money laundering law targeting drug lords, reports the Washington Post.

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(data via TEFAF; graph by Claire Voon/Hyperallergic)

“It’s really business as usual,” announced one Fabian Bocart in today’s New York Times, apropos the putative stability of the art market.

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Post image for A Demographic Breakdown of the World’s 200 Top Art Collectors

Hyperallergic has taken it on ourselves to crunch the numbers and scan the demographics of ARTnews magazine’s top 200 art collectors in the world.

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Post image for What’s Good for the Art Market Is Bad for the Economy

One of the art world’s neatest neoliberal parlor tricks is transforming the real world’s troubles into pleasingly hermetic objects for hobbyists, and in this respect the European Fine Art Foundation (TEFAF)’s ebullient annual economic report is a fine specimen.

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Post image for Art Market Moved $66 Billion Last Year, Nearing Pre-Recession Levels

International art and antique market sales totaled €47.4 billion ($66 billion) last year, their highest sum since the pre-recession days of 2007, according to the European Fine Art Foundation (TEFAF)’s annual art market report, released yesterday.

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