According to the 2025 Art Basel & UBS Global Art Market Report, sales fell by 12 percent in 2024, but Fraser argues that there are different Art Words beyond these numbers. Courtesy of Art Basel A ...
Why are prices for new works by many artists so high? Are those prices prudent when artists are still emerging and have little track record? Are they justifiable when demand dries up and resale prices ...
The three graces -- Thalia : the commercial value of art. What determines the commercial value of art? ; What makes a specific work of art valuable? ; Art and finance ; Is there a measurable art ...
Auction records are only one measure of value and can differ significantly from what dealers or insurers believe a work is worth. Observer Labs It’s tax time in the U.S., which means many collectors ...
Every month in The Hammer, art-industry veteran Simon de Pury lifts the curtain on his life as the ultimate art-world insider, his brushes with celebrity, and his invaluable insight into the inner ...