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art market news

Art as an Investment: Insights from the Indian Art Market’s Growth and Investment Potential

Data from the Indian market shows how phenomenally the market has grown over the past 20 years. While hitherto art was mostly considered a collectable and a luxury item, it has slowly and steadily moved into the category of capital asset, which by its very definition provides benefits over a long period of time. There […]

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Christie’s Fails to Sell $400,000 ‘Lost Robbie’ NFT Weeks After a Similar One Sold on SuperRare

The digital art market has been experiencing both highs and lows, with occasional impressive sales amid an overall bear market. Recently, the Canadian company Lighthouse Immersive Inc., renowned for its immersive art exhibitions, filed for bankruptcy in the US. Similarly, Christie’s faced its share of challenges in the digital art space when one of artist

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Top-Selling Painters of 2022-2023 in India Redefine the Art Market: Arpita Singh, M.F. Husain, B. Prabha, and More!

The art scene in India has always been vibrant and diverse, with a rich history spanning centuries. The art market in India has witnessed remarkable growth in recent years, and several talented painters have emerged as top-selling artists. In the years 2022-2023, these artists captivated the art world with their unique styles, innovative approaches, and

Top-Selling Painters of 2022-2023 in India Redefine the Art Market: Arpita Singh, M.F. Husain, B. Prabha, and More! Read More »

Christie’s and Sotheby’s Dominated London Auctions with Record-Breaking Sale, While Phillips Struggles

The London Evening sales concluded on a rather lacklustre note with Phillips’ “20th Century to Now” auction, which generated just over £9 million ($11.4 million) in sales. In comparison, Christie’s and Sotheby’s London auctions, buoyed by the sale of Klimt’s “Lady With a Fan,” amassed a staggering £199 million ($252 million). Phillips’ auction, on the

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Art Insurance Market Giants Allianz, Progressive, and Axa Drive Spending Boom: Research Reveals Key Insights and Trends

Aditya Sisodia According to SBWire, the global art insurance market is set to experience significant growth in the coming years, according to a new research publication by Advance Market Analytics. The report, titled “Art Insurance Market Insights, to 2028,” provides valuable insights into the market trends, drivers, restraints, and opportunities that will shape the industry

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What does the Gupta Period Terracotta Torso of Shiva Sells at Auction tells about Indian Heritage?

Aditya Sisodia  In the realm of Indian art, the limelight often falls on modern and contemporary works, leaving the country’s rich historical arts in the shadows. The cultural heritage of India, spanning centuries, has faced its share of looting and plunder by invaders, colonial powers, and opportunistic individuals seeking profit. It is disheartening to witness

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Wild ‘goose’ chase of $ 6.2 millions

Smriti Malhotra  During Sotheby’s “Grails” sale, the second part of an auction featuring works owned by Three Arrows Capital (3AC), a crypto firm, collectors flocked to bid on digital artworks. The sale raised nearly $11 million, exceeding the high estimate of $4.8 million. The highlight of the auction was Dmitri Cherniak’s artwork titled “Ringers #879

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AstaGuru’s Collectors Choice Auction Reveals Hidden Treasures and Rare Masterpieces of Modern Indian Art

Aditya Sisodia AstaGuru’s upcoming ‘Collectors Choice’ Auction will present a selection of over 200 unique creations by India’s eminent modernists, including M.V. Dhurandhar, Jamini Roy, Rabindranath Tagore, M. F. Husain, Akbar Padamsee, K. H. Ara, Sakti Burman, K. K. Hebbar, Bikash Bhattacharjee, Ganesh Pyne, Satish Gujaral, K.G. Subramanyan, Manu Parekh, Biren De, Thota Vaikuntam, Bhupen

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Saffron Art Presents Highly Anticipated Summer Online Auction Showcasing Leading South Asian Artists

Aditya Sisodia Saffron Art, a renowned platform for art enthusiasts and collectors, is delighted to announce the return of its annual Summer Online Auction. The event promises an extraordinary catalogue of works by leading modern and contemporary South Asian artists, offering a captivating glimpse into the region’s vibrant art scene. One of the standout pieces

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