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despite global art market contraction prints are thriving

The print market is experiencing a significant resurgence, defying the broader contraction seen in the global art market. Recent events like the IFPDA Print Fair in New York reported record-breaking attendance of 21,000 visitors, while auction data shows that over 54,000 print lots were sold in 2024—the highest volume in a decade. While total sales value dipped slightly, the decline was far less severe than the 27 percent drop seen in the general fine art sector.

performance art new collectors

The commercial market for performance art is undergoing a significant shift in value and sophistication. While performance has been sellable for decades through archival editions and documentation—a model pioneered by figures like Marina Abramović and dealer Sean Kelly—newer methods include oral contracts for 'live' works and high-stakes secondary market sales. Recent examples, such as Hauser & Wirth offering a Felix Gonzalez-Torres performance piece with an eight-figure price tag, signal that the medium is moving from a niche interest into a high-value asset class.

art basel digital art

Art Basel Miami Beach 2025 launched a new digital art section called Zero 10, featuring works like Beeple's robotic dogs with billionaire heads and Tyler Hobbs' generative art. The fair aimed to attract tech-sector buyers, with sales including IX Shells' interactive video installation for $140,000 and Jack Butcher's pay-what-you-wish installation drawing hundreds of new collectors. The section had surprisingly few screens, emphasizing conceptual engagement over spectacle.

top 200 collectors 2025 issue editor letter

The editor's letter for the 2025 ARTnews Top 200 Collectors issue recounts a cinematic moment at Art Week Riyadh in Saudi Arabia, where a government-affiliated collector described their role as "everyone and no one," reflecting the behind-the-scenes, museum-focused art acquisitions under Vision 2030. The issue features a report by Melissa Gronlund on the Gulf art scene, noting that Saudi Arabia is prioritizing museums and noncommercial programming before an independent market can emerge, while private collectors and foundations are also gaining ground. The article also highlights the cooling art market in Europe and the US, with collector Christen Sveaas criticizing blue-chip galleries for over-commercial pricing strategies.

How Pharrell’s Joopiter Is Redefining What an Auction House Can Be

Pharrell Williams launched his own auction platform, Joopiter, after finding traditional auction houses ill-suited to sell his collection of fashion, jewelry, and timepieces. The platform has rapidly expanded from single-owner sales into a multi-category auction house, handling luxury goods, sports memorabilia, pop culture artifacts, and contemporary art, with a recent headline lot being a $5 million Triceratops skeleton named Trey.

martha stewart joopiter contemporary art sale

Martha Stewart has curated a contemporary art sale for Joopiter, the auction platform founded by Pharrell Williams. Titled "The Contemporary Take," the auction runs from April 28 through May 6 and features nearly 50 artworks by leading artists, including Amy Sherald, Hank Willis Thomas, Adrian Ghenie, Alex Katz, Damien Hirst, and Lynette Yiadom-Boakye. Stewart handpicked a selection of works for the Spring season, focusing on themes of growth, regeneration, and vitality. The sale marks Joopiter's first auction of contemporary art, following collection sales by Kim Jones, Kid Cudi, and Nigo.

pace prints heads to hollywood

Pace Prints is expanding its operations to Los Angeles, with plans to open a new production facility and small gallery space this fall. Unlike a standard gallery expansion, the Hollywood location will prioritize providing West Coast artists with a dedicated environment for long-term experimentation in printmaking. The move coincides with the publisher's debut at Frieze Los Angeles, featuring a roster of local and international artists including Jonas Wood and Hilary Pecis.

art basel qatar launch february 2026

Art Basel announced a partnership with Qatar Sports Investments (QSI) and QC+ to launch Art Basel Qatar in Doha in February 2026, marking the first major international art fair in the Middle East. The inaugural edition will feature a tightly curated selection of approximately 50 galleries, significantly smaller than Art Basel's other fairs, and will be held at M7, a creative hub in the Doha Design District. A director for the fair will be announced in the coming months.

sothebys saudi arabian auction 2026

Sotheby's will hold its second auction in Saudi Arabia on January 31, 2026, following a successful inaugural sale in Diriyah in February 2024 that netted $17.3 million. The upcoming sale, titled "Origins," features over 70 works by established Saudi Arabian and Middle Eastern artists alongside international names, with top lots including a Pablo Picasso painting estimated at $2–3 million and works by Jean Dubuffet, Roy Lichtenstein, and Andy Warhol. The auction aims to build on lessons from the first sale, which revealed strong demand across price points and generational diversity among buyers.

meet the 20 collectors joining artnews top 200 collectors list

ARTnews has added 20 new collectors to its prestigious Top 200 Collectors list for 2025, reflecting the expanding global reach of serious art collecting. The new cohort includes figures from Latin America, the Gulf region, Southeast Asia, and the United States, such as Catherine Petitgas, Ariel Marcelo Aisiks, Sara Alireza, Faisal Tamer, Basma Al Sulaiman, Sheikh Hamad bin Abdullah Al Thani, Purat “Chang” Osathanugrah, Belinda Tanoto, Andreas Teoh, artist Rashid Johnson, Solomon R. Guggenheim Foundation president Wendy Fisher, Napster cofounder Sean Parker, Fanatics founder Michael Rubin, and Oscar L. Tang and Agnes Hus-Tang, who donated $125 million to the Metropolitan Museum of Art. Several new additions are second-generation collectors, and many have built private spaces to show their collections, such as Alexander Petalas’s Perimeter in London, Osathanugrah’s upcoming Dib Bangkok, and Basma Al Sulaiman’s virtual museum BASMOCA.

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.

young dealers old masters art market

A new generation of young gallerists is revitalizing the art market by specializing in historical art forms—from ancient jewelry and Old Master drawings to Art Deco and overlooked women Impressionists. The article profiles seven dealers who launched their businesses between ages 22 and 41, with half based in London. Notable figures include Pauline Pavec and Quentin Derouet (co-founders of Pavec, focusing on 19th- and 20th-century women artists), Baron Lorne Thyssen-Bornemisza (Kallos Fine Jewellery, ancient jewelry), and Maxime Flatry (20th-century art and design). Two of the dealers will exhibit at Frieze Masters this October, directed by Emanuela Tarizzo, who emphasizes that collectors and institutions increasingly seek cross-century narratives.

acquavella harumi klossowska de rola

Acquavella Galleries, a blue-chip gallery known for secondary market sales, has taken exclusive US representation of Swiss sculptor Harumi Klossowska de Rola. The artist, daughter of painter Balthus and ceramicist Setsuko Klossowska de Rola, creates bronze and alabaster animal sculptures that blend fine art and design. Her works, priced from under $100,000 to over half a million dollars, are cast in small editions and meticulously reworked by hand. Acquavella discovered her work at the Palm Beach home of collector Peter Brant. Her first show with the gallery opened in Palm Beach, accompanied by a Rizzoli book, with new works planned for Art Basel Paris and a major solo exhibition at Acquavella's New York space in 2026.

the view from paula tsai

Paula Tsai, a key figure in Asia's art market, discusses the evolving landscape of collecting in the region, focusing on mainland China and Korea. She notes a surge of new buyers from China, many of whom are young entrepreneurs, while the Korean market remains more mature and stable. Tsai addresses the impact of tariffs on importing art, particularly for Chinese collectors, but asserts that passionate collectors will continue to buy, adjusting timing rather than abandoning purchases. She also highlights the growing Thai market and the complexity of the Chinese market, where established collectors are cautious but new entrants keep activity high.

How the wealth transfer from Boomers to their children will shake up the art market

The article examines how the transfer of wealth from Baby Boomers to younger generations is reshaping the Australian art market. As Boomers downsize or pass away, their tightly held collections—featuring artists like Grace Cossington Smith, Howard Arkley, and Brett Whiteley—are entering auction houses, creating rare buying opportunities. Meanwhile, younger collectors (Gen X, Millennials, Gen Z) face economic uncertainty, leading to a softening in the ultra-contemporary market and a decline in NFTs. New models of online and agency representation are bypassing traditional galleries, and galleries themselves are undergoing generational change, with some closing and others like Ames Yavuz and D'Lan Contemporary expanding.

Why the Photo Market Is Moving Closer to Painting, With Unique Works Leading the Way

Artnet Auctions has launched its Spring Photographs sale, running through April 16, 2026, featuring works by blue-chip artists such as Peter Beard, Adam Fuss, and Diane Arbus. The auction highlights a significant shift in the photography market toward unique, one-of-a-kind works—including photograms, hand-painted images, and collages—that blur the lines between photography and painting. This trend is evidenced by increasing auction prices, with several works recently crossing the $1 million and $2 million thresholds.

The Prints Market Is Having a Moment—Driven by New Collectors and a Taste for the Historic

The prints and multiples market is experiencing a significant transformation, driven by an influx of new collectors and a shift in taste toward historically significant works. Artnet Auctions data shows that 50% of prints and multiples lots sold between 2020 and 2025 went to first-time buyers on their platform. This surge in demand is coinciding with major events like the IFPDA Print Fair and Artnet's own Premier Prints and Multiples sale, which features works from modern masters like Frank Stella and Jeff Koons.

6 Questions Every New Art Buyer Should Ask a Gallery

Annabel Keenan's article offers practical guidance for first-time art buyers navigating the gallery system. It outlines six essential questions to ask galleries, covering price transparency, provenance, and the artist's market context. The piece features insights from gallery director Joseph Clarke of Anima Mundi, collector and MCA Chicago trustee Ellen-Blair Chube, and gallerist Madelyn Jordon of Madelyn Jordon Fine Art, who emphasize that asking questions is key to building confidence and knowledge as a collector.

Record sales and a tax break close out blockbuster year for South Asian Modern market

Two record-breaking auctions closed a blockbuster year for the South Asian Modern art market. On 27 September, Saffronart in New Delhi sold 85 lots for $40.2 million—the largest single sale ever in South Asia—while on 29 September, Sotheby’s in New York sold 54 lots for $25.5 million, a record total for South Asian art in the West. These followed Christie’s March sale of M.F. Husain’s mural *Gram Yatra* (1954) for $13.7 million, the highest price ever for an Indian painting. India also enacted a major tax reform, cutting the Goods and Service Tax (GST) on art from 12% to 5%, further stimulating the market.

Pharrell Williams’s auction platform Joopiter teamed with Martha Stewart for first contemporary art sale

Pharrell Williams's auction platform Joopiter has partnered with Martha Stewart for its first contemporary art sale, titled 'The Contemporary Take,' running through May 6. The 48-lot sale features works by blue-chip artists including George Condo, Jeff Koons, and Ed Ruscha, alongside emerging names like Tschabalala Self and Toyin Ojih Odutola. Stewart personally selected six lots, highlighting pieces by Amy Sherald, Damien Hirst, Ai Weiwei, Louise Bourgeois, Roy Lichtenstein, and Alex Katz. Estimates range from $4,000 to $1.2 million, and early bidding has been active, with works by Amy Sherald and Roy Lichtenstein drawing significant attention.

josh baer collectors emerging artists prices first works

Art adviser and Baer Faxt founder Josh Baer has proposed specific price limits for works by "ultra-emerging" artists—those fresh out of school, such as an MFA graduate from Yale. In his No Reserve newsletter, Baer advises collectors to pay no more than $15,000 for a large work and $5,000 for a small piece at a first solo show in a reputable gallery. The advice comes amid ongoing debate about inflated prices for young artists, following a column by Artnet News editor-in-chief Naomi Rea that questioned the market's pricing logic. LA gallerist Charlie James endorsed Baer's thresholds, though some collectors argue that pricing cannot be so neatly codified.

art market minute jun 23

Art Basel 2026 confirmed that the global art market remains a buyer's market, with sales occurring across various price brackets. A new generation of collectors is emerging, driven by curiosity, community, and long-term engagement rather than speculation. Meanwhile, former Sotheby's executive Adam Chinn has quietly built the art lending firm International Art Finance, backed by the Nahmad family.

Chef Daniel Humm Is the Latest Star to Leave Their Mark on Sotheby’s Contemporary Curated Auction Series

Chef Daniel Humm, the renowned culinary figure behind Eleven Madison Park, has guest-curated Sotheby's Contemporary Curated auction series, selecting artworks with the same rhythmic and intentional approach he uses in menu creation. In an interview with CULTURED, Humm describes how a transformative encounter with Claude Monet's Water Lilies at the Musée de l'Orangerie in Paris inspired his curatorial philosophy, emphasizing stillness, contemplation, and dialogue between works. His selections include pieces by Roni Horn, Alex Katz, Keith Haring, Sarah Crowner, and Jean Dubuffet, reflecting personal friendships and a desire to create an immersive, sensory experience akin to a multi-course meal.

Why is the art market turning Gulf-wards?

The art market is shifting its focus toward the Gulf region, particularly Saudi Arabia and the United Arab Emirates, following a sharp decline in Chinese luxury goods sales (18–20% drop in 2024) and a 31% slump in Chinese art sales. Auction houses like Sotheby’s and Christie’s have established outposts in Saudi Arabia, with Sotheby’s first auction in Diriyah generating $17.3 million and attracting 35% new buyers. The UAE’s tax-haven status and lack of sanctions on Russians have drawn wealthy residents, while Saudi Arabia’s Vision 2030 campaign, led by Mohammed bin Salman, is pouring money into cultural projects such as AlUla, Art Week Riyadh, the Islamic Arts Biennale, and a new teamLab Borderless museum in Jeddah.

Fort Worth's Gallery at Bowie House to Present New Art Exhibition Featuring Carly Allen Martin and Erik Skoldberg

The Gallery at Bowie House in Fort Worth is launching a new exhibition titled "Memory Lane," featuring abstract works by artists Carly Allen Martin and Erik Skoldberg. Since opening in December 2023 within the luxury Auberge Resorts Collection hotel, the gallery has integrated fine art into every guest room and public space, selling hundreds of works ranging from $30,000 to several hundred thousand dollars. The upcoming show marks a shift for the space, moving from its typical figurative Western aesthetic toward contemporary abstraction.

A Piece of the Eiffel Tower Is Heading to Auction

A historic section of the original Eiffel Tower staircase is set to be auctioned by Artcurial in Paris on May 21. The nearly nine-foot-tall segment consists of 14 spiral steps that once connected the monument's second and third levels before being dismantled in 1983 to make way for elevators. Estimated to fetch between $140,000 and $175,000, the piece has been held in a private collection for over forty years.

Contemporary art on paper at DESA Unicum

The DESA Unicum auction house in Warsaw has opened its latest "Contemporary Art. Works on Paper" exhibition, which will culminate in an auction of the presented works. This edition is notable for its broad historical scope, featuring pieces created between 1940 and 2025, and includes museum-quality works and rare sketches by key Polish avant-garde artists.

How Blue-Chip Art Markets Are Opening Up to New Collectors

The contemporary art market in 2025 is experiencing a paradox: traditional indicators show cooling, but online sales are booming and attracting new, younger collectors. According to the Art Basel and UBS Art Market Report 2025, online sales now account for 22% of dealer transactions, with 46% of online sales in 2024 going to first-time buyers—up from 35% the previous year. High-net-worth individuals increasingly prefer purchasing through digital channels like dealer websites or Instagram, and established collectors are also buying sight unseen. This shift is driven by greater access to authenticated limited editions and prints by blue-chip artists such as Andy Warhol, Jean-Michel Basquiat, Banksy, David Hockney, and Damien Hirst, offered by galleries like Calder Contemporary in London with transparent pricing and provenance.

Martha Stewart’s Art Auction Is a Who’s Who of Contemporary Cool

Martha Stewart has curated her first-ever art auction with Joopiter, Pharrell Williams' auction platform, titled "The Contemporary Take." The sale features nearly 50 works by leading contemporary artists including Andy Warhol, Amy Sherald, Lynette Yiadom-Boakye, Damien Hirst, and Ai Weiwei, running from April 28 through May 6. Highlights include Yiadom-Boakye's "Bark Scraper" (estimated $900,000–$1.2 million), Hirst's pillcase "Up at Dawn" ($500,000–$700,000), and works by George Condo, Esther Mahlangu, and Hank Willis Thomas.

What Can $500 Buy at the Affordable Art Fair?

A reporter set a $500 budget to explore the Affordable Art Fair in Chelsea, discovering that at that price point, collectors must focus on very small-scale works. The search yielded options like miniature pet portraits, tiny tulle and resin wall hangings, food-themed art, and small abstract paintings, though these pieces were often overshadowed by more prevalent, flashy pop art clichés that dominate the fair's visual landscape.