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Asian Art in search of wealthy locals to support the arts community

Southeast Asian art is increasingly attracting critical acclaim but it's lacking a vital element crucial for a healthy market, two of America's most prominent art collectors have warned. Marc and

Three picks from next week’s Old Masters auctions at Sotheby’s New York

All eyes are on Gentileschi’s $25m Danaë, but some other works deserve collectors’ attention too.While Sotheby’s Old Masters week centres on the $25m-plus Danaë by Orazio Gentileschi (above), to be

Steve Cohen Is Trading Art Like Stocks

Steven A. Cohen built a reputation as a fast trader with an uncanny ability to predict where stock prices are headed. He’s applying his investing style to an art collection

Sotheby’s had to up guarantee from $350 M. to $500 M. to win Taubman Collection

This week in New York, Sotheby’s begins its four-part sale of about 500 works from the collection of Alfred A. Taubman, the collector and former chairman of the auction house

Modigliani’s ‘Reclining Nude’ sells for $170 million at Christie’s

"Reclining Nude," the century-old painting by Amedeo Modigliani, sold for $170,405,000 at a Christie's auction on Monday. There were five bidders for the work and the auction lasted nine minutes.

The year that the bubble bursts?

“We are not in a bubble”, said the now-former CEO of Christie’s after their May 2014 sale of Post-War and Contemporary art, which fetched an astonishing $745 million. To many,

Does Qatar’s $300 Million Paul Gauguin Acquisition Hide A Dark Secret?

Qatar has been an art-collecting powerhouse for some years now, but as of yesterday the oil-rich country is reportedly responsible for the two most expensive art sales of all time.

Skate’s: Can Picasso Sell-Off Damage the Global Art Market? No

The New York Times published a long article on February 4 detailing the plans of Picasso’s heir, his granddaughter, to accelerate sell-off of her treasure trove of Picasso paintings (about

Picasso’s paintings are about to flood the market

The New York Times reported that Marina Picasso is actually in possession of 10,000 original Picasso’s paintings that she inherited.

Surrealism Shines at Christie’s $222.8 Million Impressionist and Modern Art Sale

There is clearly real strength in the Impressionist and Modern art market. Last night, Christie’s emulated Sotheby’s success the evening before with a £147 million ($222.8 million) sale,