BEIJING (REUTERS).- China’s maiden “art stock exchange” has halted trade in its top two paintings after their share prices soared 1,700 percent and ignited concerns that a new bubble was bursting. Just two months after the Tianjin Cultural Artwork Exch…
USC Art Law Society to Hold "The Business of Art: A Forecast for 2011"
LAS ANGELES, CA.- In the age of skyrocketing auction prices, the explosion of global art fairs, and increased digitization from iPad masterpieces to the Google Art Project, how are artists, galleries, and cultural institutions around the world adapting…
18th Century Mahogany Bureau Table Achieves a Stunning $5.7 Million at Christie’s
NEW YORK, NY.- An 18th century mahogany bureau table carved by Newports most celebrated cabinetmaker sold for a stunning $5.7 million at Christies New York on Wednesday morning, placing it among the highest auction prices ever realized for …
Asian Demand, Proved by Record-Breaking $390 Million Autumn Sales, Pushes Up Prices to Pre-Boom Levels
CHINA.- After the record-breaking $390 million autumn sales at Sothebys Hong Kong last month and China Guardians $620 million record sales last week the overall Chinese art market is becoming very hot once again. Whilst other art mar…
Asian Demand, Proved by Record-Breaking $390 Million Autumn Sales, Pushes Up Prices to Pre-Boom Levels
CHINA.- After the record-breaking $390 million autumn sales at Sothebys Hong Kong last month and China Guardians $620 million record sales last week the overall Chinese art market is becoming very hot once again. Whilst other art mar…