Highlights and Market Shifts at Art Basel 2023
Art Basel 2023 highlights a resurgence in the art market with a focus on contemporary and digital art. The event featured influential panel discussions on investment and market trends.
Art Basel Announces New Asian Art Fair Launch
Art Basel is launching a new art fair in Asia next year, aiming to connect collectors, galleries, and artists continent-wide. The event will debut in Hong Kong, marking a strategic expansion into the burgeoning Asian art market.
Record-Breaking Sales and Emerging Trends at Art Basel 2023
Art Basel 2023 ended with record-breaking sales and introduced new trends. Key sales included a $20 million Basquiat piece and a $5 million digital installation, highlighting a shift towards sustainable and digital art.
Sotheby’s Art Auction Breaks Records with Unprecedented Sales
Sotheby's art auction achieves record-breaking sales, exceeding $150 million. A rare Picasso painting was the highlight, selling for $35 million, far above its estimate. The auction signals a strong art market resurgence.
Art Market Surges: Record-Breaking Sales and New Directions
The art market is experiencing unprecedented growth with record sales and increased interest in emerging artists. Online platforms are making art more accessible, and experts believe digital art and NFTs will be key to its future.
Art Basel Unveils Year-Round Digital Hub for Galleries and Collectors
Art Basel introduces a digital platform for galleries and collectors, featuring virtual viewing rooms. Launching next month, this service reflects the art market's shift towards digital innovation.
Art Market Thrives as Auction Sales Hit New Heights
Art auctions are reaching new heights with record sales at major houses. A Picasso sold for $50 million at Sotheby's, while Christie's set a Monet record. Experts link the surge to post-lockdown demand.
Record-Breaking Sales at New York Auction of Impressionist Art
Sotheby's New York auction achieved record sales with Claude Monet's 'Water Lilies' leading at $50 million. The event highlighted strong global interest in 19th-century art despite economic uncertainties.
Virtual Art Fairs: Revolutionizing the Global Art Market
As art fairs transition online, the art market is expanding its global reach while facing new challenges. Virtual platforms offer accessibility, yet lack the physical interaction of traditional events.
Warhol’s ‘Muhammad Ali’ Returns to Art Basel Miami Beach with an $18 Million Price Tag
A striking Muhammad Ali portrait by Andy Warhol (1977) is among the headline works at Art Basel Miami Beach 2025, according to reports from HENI News. The piece, brought to the fair by the gallery Lévy Gorvy Dayan, is offered at approximately
Imperial Fabergé Egg Crafted for Nicholas II Sells for $13.8 Million, Setting New World Auction Record
LONDON — A rare Imperial Fabergé egg crafted for Tsar Nicholas II shattered the world auction record for a Fabergé object, selling for $13.8 million during a December 2025 sale at Christie’s London. The result surpasses the previous record of $9.6 million,