Filed under: Auctions, Art Once the undisputed land of conspicuous wealth and consumption, the United Arab Emirates is being squeezed by a large drop in oil prices. It's a shame this comes after the region's addiction to art has become fully entrenched. Sotheby's is planning its first contemporary a...

Auction sales can often give you an idea of how the economy is fairing. The Wall Street Journal says there are signs the market is weak in the language Christie's is using to describe a big contemporary art auction in London this coming week. With confidence in the contemporary art market now decide...

The Reality of Feb 09 Art Auctions - artmarketblog.com The first round of major art auctions for 09 have proven that there is still a considerable amount of money available to be spent on top quality and rare works of art provided the price is right. Fresh works from private collections appeared to ...

Now that the years of stratospheric prices and high living are over, Sotheby’s and Christie’s are laying off scores of employees, restructuring departments and cutting costs....

Invest in Art this Christmas - artmarketblog.com "Rome Pays Off" by Jean-Michel Basquiat. Available from heliumfoundation.com With Christmas holidays just around the corner for most and a buyer market waiting to be taken advantage of, why not take the opportunity to either add some awesome...

Aquarium Gallery Closing Sale - artmarketblog.com The London based Aquarium L-13 Gallery (http://www.theaquariumonline.co.uk/index.html) is a contemporary commercial art gallery run by Steve Lowe. The gallery specialises in work of more unorthodox punk-based artists including Jamie Reid, Jimmy Cauty...

Art Fairs, Exhibitions, Auctions and Other Stuff - artmarketblog.com I often get sent emails and press releases for art fairs, exhibitions, gallery openings etc. and would love to be able to post them all however, I just don’t have the time to promote every single event that I get notified abo...

Artist Beats Pornography Charge - artmarketblog.com I recently wrote a post on the Australian photographer Bill Henson who was facing child pornography charges for using images of naked children in his work. After raiding the gallery where Henson’s work was about to go on show and sparking an ...

Porn and the Art Market - artmarketblog.com You have probably all heard or read something about the controversial works of Australian photographer Bill Henson that have been confiscated by police due to the use of naked underage girls in his work. I would not normally get involved in a debate that h...

The Art Newspaper revealed that the London-based Russian billionaire Roman Abramovich is the mystery buyer of Francis Bacon’s Triptych, 1976, which sold at Sotheby’s New York this week for $86.3m as well as Lucian Freud’s Benefits Supervisor Sleeping, 1995, at Christie’s for $33.6m. History ...