‘Girl With a Balloon’ was renamed ‘Love Is in the Bin,’ after it self-destructed at a Sotheby’s auction on Oct. 5.
When artists destroy their works, it's usually to express their disdain for critics, dealers and curators. But does this get lost in the attention, hype and money that follows?
‘Psychedelic,’ an image created by the algorithm AICAN.
An algorithm named AICAN has been 'taught' the entire canon of Western art history – and now produces, titles and sells works of its own.
Gerard Sekoto’s ‘Three school girls’; oil on board.
South Africa's government reneged on opportunities to cement artist Gerard Sekoto's legacy.
Salvator Mundi is the most expensive painting ever to be sold. It remains to be seen who bought it and where it will be kept.
Anton_Ivanov / Shutterstock.com
Sales of antiquities legally excavated are just as ethically problematic as those likely looted.
Andrew Wyeth stands by a creek on his Chadd’s Ford, Pennsylvania property in 1964.
AP Photo/Bill Ingraham
His rise was just as swift as his fall. To mark the painter's 100th birthday, an art historian explores the forces – cultural, political and personal – that created a polarizing legacy.
Rose Skinner opened her bespoke gallery in 1958.
Rose Skinner opened her Perth gallery in 1958. But her contribution to the art world has been skimmed in Christopher Heathcote's recent look at Australia's early art market.
How is Berlin’s landmark art show presenting our new preoccupations?
Courtesy 9th Berlin Biennale for Contemporary Art
Art events should encourage us to spark new thinking outside of our cloistered world, but Berlin risks being lost in technological navel gazing.
Antiquities seized in a raid on Islamic State fighters in Syria were returned to the Iraqi government by the United States.
Profit estimates have ranged from $4 million to $7 billion. But with the Paris attacks costing only $10,000, does a number even matter?
Actress Charlize Theron strikes a pose on the red carpet at the 69th Cannes Film Festival.
Does it matter that money plays such a big role in festivals like Cannes?
A cleaner at work beside a Brook Andrew installation at the 2008 Melbourne Art Fair.
The Melbourne Art Fair's steadfast refusal to move with the times was a factor in its surprise demise.
Long Island gallerist Glafira Rosales (left) sold fake paintings to Knoedler director Ann Freedman (right), who then turned them around for millions. Was Freedman aware that they were fakes?
What, exactly, was going on at the Knoedler Gallery in the years leading up to a forgery indictment?
Bull (1958) is constructed with plywood, tree branch, nails and screws.
© 2015 Estate of Pablo Picasso / Artists Rights Society (ARS), New York.
Could Picasso's sculptures become the most sought-after pieces of the artist's oeuvre?
Museums should follow the example of the Met and sell off stock.
Luciano Mortula / Shutterstock.com
Many think that the ideal museum should be removed from the vicissitudes of the market. This is an illusion.
Nazi soldiers pose in front of a painting pilfered from the National Museum of Naples Picture Gallery.
If you’ve seen recent films like Woman in Gold and Monument Men, you’d think Americans are at the forefront of returning Nazi-looted art. They're not.
Marina Picasso is planning on selling a number of her grandfather’s works in the upcoming year.
Over the last nine years, more money has been spent on Picasso than on any other artist. How much does Picasso's granddaughter stand to earn? And why are some in the art world concerned?
Art fairs mean that the centre of the art world is now a very fluid thing.
London Art Fair, James Champion
For four days in January, it could be argued that London is the centre of the global market for contemporary art, thanks to the London Art Fair, open from January 21 to 25. But this wasn’t always so. Such…
We’re all living in a bubble these days.
The term “bubble” is now part of everyday conversation, particularly since the financial crisis of 2008. But bubbles are not just a problem in the world of banking. They can affect the choices you make…
Investment in the Indigenous art market has a direct and traceable human impact.
AAP Image/National Museum of Australia, Tim Acker
Ownership, investment and art have never been entirely comfortable bedfellows. Recently, an email began to circulate among artists, gallery directors and art investors, asking recipients to lobby the Abbott…