Many may have thought that yesterday’s stock market’s drop of over 370 points would have a chilling effect on the art market; however, last night’s sale of Postwar and Contemporary art at Christie’s proved that those with money still believe in … More…

Another “test” of the art market took place last night.  I say “test” because I do not believe that these specific sales can really give you a complete understanding of the art market’s health.  All they tell you is … were … More…

We are in Chicago, getting ready to setup for the upcoming exhibition.  Sometimes it is nice to start with a really blank canvas (we will post some after shots later today or tomorrow).  You know, if this were a Contemporary … More…

Since I am in Chicago, I was only able to watch the sale online and while it did take a long time for some lots to sell, there appeared to be serious competition for a few of them. What this particular sale says … More…

This article by Rebecca Foden, of Boodle Hatfield, will give you a better understanding of how auction house guarantees work and who really benefits. In the end, it raises a number of ethical questions. Source: Auction house guarantees: friend or foe?

Can you really determine the health of the art market when the main salerooms have pre-sold over $500M worth of art already?  Why are those trophy works on the market? Might it be that the auction rooms have guaranteed they will sell … More…

Los Angeles’s Revolver Gallery has sued Brian and Ana Walshe for selling them 2 forged Andy Warhol silkscreens for $80,000.  Ron Rivlin, of Revolver Gallery, bought the works on eBay and when they were delivered, all of the supporting documentation turned … More…