Why are art investors suddenly hot for dinosaurs? A Q&A with Nicolai Frahm, a collector with scientists on speed dial – 71Bait

If you’re hearing rumors about who the next hottest artist to collect is in today’s art market, their markets may already be petrified. But what if they were petrified from the start? A dedicated and growing contingent of the art world has found its latest obsession: dinosaur bones. If you haven’t lived under a meteorite, … Read more

Paris gallery splits from Toxic Curator, a look at Nathan Fielder’s taste in art and more juicy gossip from the art world – 71Bait

Artnet News brings you Wet Paint, a gossip column with original stories, every week. If you have a tip, email Annie Armstrong at [email protected]. PARIS GALLERY BURNS LINKS WITH CURATOR Someone at the Paris gallery last week Lili Robert took to the company’s Instagram to post a picture of graffiti that had been sprayed on … Read more

Meet five unknown Saudi art collectors, from cosmetics entrepreneur to seasoned cultural consultant – 71Bait

A cultural revolution is taking place in the Kingdom of Saudi Arabia. Until September 2019, when the first tourist visas were issued, the Gulf nation was closed to the world and access within the country was restricted to select foreigners and by invitation only. Suddenly the world was able to visit what is often referred … Read more

How a Scandal in the Record Collecting Industry Shows Why the Art Trade So Often Looks Backwards (And Other Insights) – 71Bait

Every Wednesday morning, Artnet News brings you The Gray Market. The column decodes important stories from the past week – and offers incomparable insights into the inner workings of the art business. This week’s parable of fact, fiction and inflexibility in art… RECORD SCRATCH Last month, a scandal in the niche of audiophiles brought to … Read more

What does the future hold for the Asian art market? A Q&A with Hong Kong collector Alan Lo about the next dormant regional hubs to wake up – 71Bait

Asia has long been one of the most lucrative art markets in the world. For years, the art world flocked to Hong Kong, regarded as the shimmering capital of the Asian art market, driven by the “one country, two systems” principle that gave Hong Kong a measure of freedom from the mainland Chinese government. For … Read more

NFT envy reportedly creates a dust cloud in the Hamptons, Nicolas Party dumps his own work, and more juicy gossip from the art world – 71Bait

Artnet News brings you Wet Paint, a gossip column with original stories, every week. If you have a tip, email Annie Armstrong at [email protected]. THE HIGHS AND LOWS OF THE HAMPTONS During my tenure here at wet paint– and it has been exactly one year to date, dear readers – I have found that it … Read more

A 54-year-old history teacher in Connecticut has just become one of the art market’s fastest rising stars – 71Bait

Artist Rob Ober is an unlikely rising star. He is 54. He does not have a degree from a reputable art school. Instead, Ober taught American and Soviet history at a preparatory school in rural Connecticut for three decades. And for the last 15 years he has also run a gallery next to the school, … Read more

Asian collectors have been on the verge of the recent boom in the art market. Now pump the brakes – 71Bait

The Art Detective is a weekly curtain-raising column by Katya Kazakina for Artnet News Pro Yes, really what’s going on in the art market. The art world is in a weird place right now. It comes from an accumulation of auctions, art fairs and biennials so massive it’s almost nostalgic for the lockdown break. Ahead… … Read more

Is it better to invest in art or stocks? + Other questions about the art trade, answered – 71Bait

What’s the smartest way to spend $20,000 on art? Is it a bad idea to help a major customer avoid sales tax? How do I get an invitation to a Gallery Dinner? Each month in Ask an Art Advisor, our expert Wendy Goldsmith invites you to share your most pressing questions about navigating the art … Read more

Insights into Mickalene Thomas and Racquel Chevremont’s profit-sharing, a vibe check at Upstate Art Weekend, and more gossip from the art world – 71Bait

Artnet News brings you Wet Paint, a gossip column with original stories, every week. If you have a tip, email Annie Armstrong at [email protected]. ALL IS FAIR IN LOVE AND COMMISSION RATES Breakups are tough. They’re even more difficult when your finances are tangled. Just ask superstar artists Mickalene Thomas and her partner, art collector … Read more