18 articles tagged with "art market"
Understand how the art world buys and sells. Learn about galleries, auctions, art fairs, pricing, collecting, and the economics of the contemporary art market.
The global art market reached $59.6 billion in 2025, still below the 2022 peak of $67.8 billion. The US accounts for 44%. Dealers' total operating costs rose by an estimated 5%. 80 percent of survey respondents said President Donald Trump's tariffs negatively impacted their business. Who makes money, and who doesn't?
New York replaced Paris as the art capital after World War II. The Ashcan School, Abstract Expressionism, Pop Art, and the gallery system of 57th Street and Chelsea made New York the center of the art world. Here is how it happened.
"A standard property policy is not designed to protect fine art." AXA XL has been insuring art for over 60 years and became a Global Lead Partner of TEFAF in 2025. Coverage includes all risks of physical loss or damage, compensation for depreciation, and worldwide protection. Here is what art insurance covers.
"85% of art advisors operate independently. 65% manage 10 or fewer clients." Josh Baer reckons around 70% of contemporary and Modern sales at the big auction houses run through advisers. Bank of America just launched an art consulting service for clients with $100M+ net worth. Here is what art advisors actually do.
"Auction houses do not value art in the abstract. They value what they believe they can defend in a live market." In November 2025, Sotheby's New York totaled $1.17 billion. A Klimt portrait sold for $236.4 million, the second-highest auction price ever. Here is how auction houses value art.
Art Basel Switzerland (June 18-21, 2026, 250 galleries). Frieze London (October 14-18). TEFAF Maastricht (March 14-19, 276 exhibitors, 7,000 years of art). Here's the 2026 art fair calendar.
Learn what provenance means in art, why it affects value and authenticity, and why the ownership history of artworks raises serious ethical questions from Nazi looting to colonial acquisition. A clear guide for collectors, gallery visitors, and anyone who cares where art comes from.
Online platforms have made it genuinely possible for artists to reach buyers around the world without gallery representation. This practical guide compares the major platforms, explains their fee structures, and shows you how to optimize for actual sales.
Social media has changed how artists find audiences, build careers, and sell work. But not every platform rewards the same investment. This honest guide explains which platforms actually work for visual artists in 2026 and how to use each one strategically.
Gallery directors are among the most influential figures in the art world, yet their work is largely invisible to outsiders. This guide explains what gallerists actually do, how they build careers for artists, and what a healthy gallery-artist relationship looks like.
Pricing original art is one of the hardest practical challenges working artists face. This guide explains the main pricing models, what factors drive price increases over a career, and how to set prices that are fair, consistent, and commercially viable.
The art market is layered, opaque, and unlike any other industry. This guide explains how galleries, dealers, auction houses, and art advisors operate, who makes money at each stage, and what it means for artists and collectors.
Can art be a good investment? The honest answer is complicated. Before you buy anything as an asset rather than for love, read this clear-eyed guide to what the data says, what the risks are, and how collectors actually build value.
Art Basel, Frieze, TEFAF, the Armory Show: art fairs are where the global art world gathers to buy, sell, and discover. This guide explains how they work, what you'll see, who attends, and how to get the most out of your first visit.
Art auctions can feel like a closed world, but understanding how they work opens up real opportunities for buyers at every level. From Christie's to online bidding, this guide explains the process, the fees, and the strategy you need to bid with confidence.
Buying original art for the first time feels daunting, but it does not have to be. This practical guide walks you through galleries, art fairs, online platforms, and artist studios so you can buy with confidence and joy.
Learn how to start collecting art without spending a fortune. From affordable prints and emerging artists to thrift store finds and art fairs, discover practical strategies for building a meaningful collection.
Understand NFT art, from blockchain basics to Beeple's $69 million sale. Learn how digital ownership works, why it matters for artists, and what the future holds for NFTs in the art world.
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