Abirpothi

Menu

India’s only daily newspaper for Art, Architecture, and Design.

art market

Here’s What Sold at Art Basel Hong Kong 2025—and for How Much

art market, art market news /

Art Basel Hong Kong Sales Report 2025 The much-awaited and delightfully disruptive Art Basel Hong Kong 2025 has finally wrapped up. While the event was indeed spectacular, it gave us a clearer understanding of the entire event, especially with its humungous sales records. Numerous galleries, museums, and collection houses have reported seven-figure sales according to […]

Here’s What Sold at Art Basel Hong Kong 2025—and for How Much Read More »

Sotheby’s New Single Owner Old Master Paintings Valued at $80-120 Million

art market /
Francesco Guardi, Venice, a View of the Punta della Dogana and the Church of Santa Maria della Salute (one of a pair)

Sotheby’s Old Master Paintings at Auction Sotheby’s New York is prepared to organize an auction in May. It features paintings of Old Master curated throughout past years by Jordan and Thomas A. Saunders III. The Old Master artists in Sotheby’s May sale is estimated between $80-120 million, which may surpass the record set by the

Sotheby’s New Single Owner Old Master Paintings Valued at $80-120 Million Read More »

A Collector’s Guide to Art Taxation in India

art market /

Understanding the Tax Framework for Art Collectors For art enthusiasts and collectors in India, understanding the art taxation implications of buying, holding, and selling artwork is crucial to making informed decisions. Whether you’re a seasoned collector or just beginning your art investment journey, navigating the complex tax landscape can significantly impact your collection strategy. Capital

A Collector’s Guide to Art Taxation in India Read More »

Art Financing Evolution and its modern approach

art market /

Art as an Investment Asset Art has emerged as a significant investment asset class, paralleling real estate in terms of financing structures and appreciation potential. The modern art market has evolved to accommodate various financing mechanisms, making art more accessible to investors while presenting unique challenges in terms of valuation, storage, and legal compliance. Fractional

Art Financing Evolution and its modern approach Read More »

Legal and Commercial Factors Shaping the Global Art Market

art market /
Yusuf, Acrylic on canvas, 48 x 36 inches. Image Courtesy: Aura Art

Introduction to the Art Market Framework The value chain of the art industry can be a complex process. The ecosystem of the art market framework can be broadly categorized into primary and secondary markets, each serving distinct purposes in the commercialization of artworks. This guide, part of the Art Law Resources 2025, provides a comprehensive

Legal and Commercial Factors Shaping the Global Art Market Read More »

From Aristocratic Privilege to Investment Asset: The Evolution of the Art Market

art market /
Yusuf, Quanta, Acrylic, pencil, pen and ink on canvas, 67 x 43 inches, 2000. Image Courtesy: Aura Art

The Dawn of Art Patronage and the Renaissance Shift Art commissioning was once the exclusive domain of the aristocracy and ruling classes, who engaged artists to execute predetermined projects. The Renaissance period, however, marked a turning point. Artists began to enjoy greater creative freedom, and their unique styles garnered recognition among patrons. The value of

From Aristocratic Privilege to Investment Asset: The Evolution of the Art Market Read More »

Christie’s Experienced a 6% Decline in 2024’s Annual Sale

art market, art market news, News /
Paris Wrap report Oct 2023 3520

Christie’s Declining Annual Sales 2024 marks another year in a row for Christie’s declining annual sales, when the auction house announced its projected results on Tuesday, December 17. Since a few sales are yet to be final, all the totals shared are mere estimates. In total, Christie’s generated $5.7 billion this year from live, online,

Christie’s Experienced a 6% Decline in 2024’s Annual Sale Read More »

Subscribe to Our Newsletter

Ad