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trending_up market schedule May 28, 2025 visibility 20 link 9 artists, 2 galleries

as costs rise dealers in asia take a pragmatic approach to fair participation

The article reports that two major Asian art fairs, Taipei Dangdai Art and Ideas and Art Busan, are currently running through May 11, but both have seen significant drops in exhibitor numbers. Taipei Dangdai is down 32% to 53 galleries, while Art Busan is off 16% to 109 galleries. Dealers cite rising costs, geopolitical uncertainties, and fair fatigue as reasons for a more selective, pragmatic approach to participation, focusing on regional fairs and transactional value over visibility.

newspaper Artnet News open_in_new Read original

trending_up market schedule Mar 26, 2026 visibility 15 link 3 artists

orientalist painting philadelphia penn museum auction

The Penn Museum at the University of Pennsylvania is courting controversy by consigning a major 1891 painting by Ottoman artist Osman Hamdi Bey, titled "At the Mosque Door," to Bonhams London with an estimate of $2.7–$4 million. Although the museum purchased the work directly from the artist in 1895, it was never formally accessioned into the collection, allowing the institution to bypass strict industry regulations that typically prohibit using art sale proceeds for anything other than new acquisitions or collection care. The museum intends to use the funds to establish a permanent endowment for the long-term maintenance of its vast archaeological holdings.

newspaper ARTnews open_in_new Read original

trending_up market schedule Jul 3, 2025 visibility 23 link 15 artists, 9 galleries

for asias art market 2025 has been about rapid fire change

Art Basel has concluded and the London sales have wrapped, marking a busy first half of 2025 for Asian art markets despite economic uncertainties and geopolitical challenges. New players and trends have emerged: international auction houses aligned their Hong Kong sales with Art Basel Hong Kong for the first time, South Asian art has had a banner year at auction and in institutions, and West Asia is rising with Sotheby's inaugural sale in Saudi Arabia and Art Basel's planned Qatar fair. Asian galleries are expanding into Western capitals, while Western galleries are picking up Asian talent, such as Korean artist Anna Park joining Lehmann Maupin and Rim Park partnering with Kraupa-Tuskany Zeidler. Japanese artist Yu Nishimura had his first U.S. solo show at David Zwirner, and the Labubu plush toy by Kasing Lung became a pop culture sensation.

newspaper Artnet News open_in_new Read original

trending_up market schedule May 6, 2026 visibility 27 link 18 artists

Stockholms Auktionsverk Presents: The Modern Art Sale and The Contemporary Art Sale

Stockholms Auktionsverk is holding two live auctions, The Modern Art Sale and The Contemporary Art Sale, on May 20 and 21, 2026, at Nybrogatan 32 in Stockholm. The sales feature a curated selection of Swedish and international artists from the early 20th century to the present day, including works by Andy Warhol, Jasper Johns, Tony Cragg, Lena Cronqvist, and a newly discovered painting by Gösta Adrian-Nilsson. The Modern Art Sale highlights modernist masterpieces by Otte Sköld, Sigrid Hjertén, and Ragnar Sandberg, while The Contemporary Art Sale pays tribute to Ola Billgren and includes works by David LaChapelle, Cindy Sherman, and Britta Marakatt-Labba.

newspaper Via TT open_in_new Read original