Heading into Art Basel, it's not just art prices that are under scrutiny but the logic that once held them up. In early ...

Jenny Gibbs, the Executive Director of the IFPDA and the IFPDA Foundation, is at the forefront of a generational shift in the ...

The high end of the art market, once the primary pipeline for future big-league players, is now a stabilizing core. That does ...

Attorney J.D. Harriman is skeptical about some of the art market's sales techniques. "There's very little genuine information and data on pricing," he told CNBC via video call. Prices for artworks ...

Some exciting new trends are emerging among collectors and investors in art‭. ‬Investing in art has become increasingly ...

In 2024, nearly $7.7 billion less was spent on art than the year before, that’s a 12% drop in global sales, according to the ...

But despite the claims of some auctioneers who said there are masterpieces around every corner, art advisers and ... a lack of confidence in the market or inflated prices. Celebrity auctions ...

the market has roughly hovered in sales value around that $60 billion to $65 billion price point,” says Noah Horowitz, chief executive officer of Art Basel. “But what’s being sold in the ...

The art market is grinding through a rough patch, and no one is feeling the pain more than Sotheby’s. The sales downturn, ...

"I have been to some high-end shops and events without prices visible on luxury items, be they clothes, watches, wines, jewelry or cars. The art market is no different," he told CNBC by email.