This article is more than 6 years old. Speculation and investment are two delicate subjects in the art market, but they are hardly novel topics. In a market celebrated for breath-taking prices for branded art trophies, art is seen as a potential hedge, an addition to an investment portfolio. There has been no shortage of
Latest figures from the Tetaf art market report, released by the European Fine Art Foundation, show that in 2016 global art market sales amounted to an estimated $45 billion, up 1.7 percent from 2015. The U.S. remains the largest country in the world art market, with 29.5 percent of the market share, followed by the U.K.
Théophile-Alexandre Steinlen (French [born Switzerland], 1859–1923). Mobilization, or La Marseillaise, 1915. Etching, sheet: 25 11/16 x 19 11/16 in. (65.2 x 50 cm). The Metropolitan Museum of Art, New York, Harris Brisbane Dick Fund, 1924 (24.58.31) «Organized to commemorate the centennial of World War I, World War I and the Visual Arts features more than
The European Fine Art Foundation (Tefaf) has a new chairman. Nanne Dekking, the chief executive and co-founder of Artory, will take over from Willem van Roijen, effective immediately. Dekking previously served as vice chairman and worldwide head of private sales at Sotheby’s, and was for 11 years employed by Wildenstein & Co. Artory, which he
‘La Mangia, Siena’ (1927) by John Taylor Adams, American (1887–1953), etching on wove paper. Gift of Thomas B. Brumbaugh, professor of fine arts, emeritus. This summer the Vanderbilt University Fine Arts Gallery exhibit American Artists and the Legacy of the Grand Tour, 1880–1960, explores work created and brought home by American artists, and the continuing
Before Frieze set up its swinging shop in London’s Regent’s Park, before Art Basel transposed its staid Swiss self onto Miami Beach, art fairs were small, concentrated events that targeted a narrow class of specialists. None was more connoisseur-driven than the European Fine Art Fair, or Tefaf, the granddaddy of old masters events, held every
Henry Moore’s Stringed Figure (1939), in the booth of London’s Offer Waterman, at TEFAF Spring 2017. MAXIMILÍANO DURÓN/ARTNEWS The storied TEFAF, whose acronym originally stood for The European Fine Art Fair, returns to New York and the Park Avenue Armory for its spring presentation of modern and contemporary art. And while the Old Masters and
Around 1922, in his apartment at Nice, right along France’s balmy Mediterranean shore, Henri Matisse began to paint a series of odalisques — “a French term for a concubine in a harem,” explains London Royal Academy of Arts curator Ann Dumas. Henri Matisse’s 1912 oil painting “Goldfish and Sculpture.” (Courtesy Museum of Fine Arts, Boston)
Booth Shot of Ulrich Fielder featuring the Gerrit Rietveld Z Chairs. Courtesy of Ulrich Fielder Gallery There I was. In the booths of TEFAF—The European Fine Art Fair, for those uninitiated—the yearly event that lures the skinny-silk-suit-wearing, delicate cologne-scented collectors, the serious kind who neither want their names nor faces known by anyone other than
The fine art market continues to boom. It seems that every day, another auction record is set for “the highest price ever paid.” So what does that mean for the painting you bought to match your sofa a few years back? It may increase in worth, or it may be as salable as your kid’s