Experts say the global turmoil may have even helped demand for rare collectibles, as the wealthy search for safe, long-term ...
When the venerable Stephen Friedman gallery shut last month, it followed a number of recent closures. Financial filings of the biggest names in the art market paint a picture of collapsing profitabili ...
Auction sales have been declining for the third year in a row and are down 44% — or more than $3 billion — from the first six months of 2022. But the prosperity of the wealthy is at record levels, ...
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Auctioneer Aurélie Vandevoorde fielded bids during the Surrealist and Modern art sales while wearing Salvador Dalí’s Swirling Sea Necklace from the Schlumberger ...
New York Spring Marquee auctions in May generated a combined total of $1.27 billion, representing an 8 percent decline compared to last year’s results ($1.38 billion in May 2024). Brendon Cook/BFA.com ...
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