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An art fair is a room engineered to make you decide quickly. Hundreds of works, a finite number of days, a dealer with someone waiting behind you, and the constant suggestion that whatever you are looking at will be gone by evening. Some of that scarcity is real. A good deal of it is staging.
Buying well at a fair is mostly a matter of having ma...
Art Basel Paris runs at the Grand Palais from 21 to 25 October 2026, and it arrives having quietly done something its organisers cannot say out loud: it has begun to eclipse Basel itself. A good number of American collectors now prefer the French capital to the Swiss original, and the 2026 edition is the first under a new director, Karim Crippa.
In April 2025 Sotheby’s dissolved its dedicated Modern & Contemporary African Art department and folded the category into its general contemporary sales. The department had existed since 2016 and had set more than 200 world auction records in under a decade. Hannah O’Leary, who built it, kept her specialist role and lost her team.
The offici...
An estimate is not a valuation. It is a commercial instrument with a job to do, and the job is to attract bidders. Reading it as the auction house’s honest opinion of what a work is worth is the most consequential misunderstanding a new buyer can carry into a saleroom.
Here is how estimates are arrived at, what the reserve does underneath them, ...
The most common way to miss a lot you wanted is not being outbid. It is discovering, two days before the sale, that your bidding registration has not been approved.
Registration at a major house is a credit process, not a form. It takes time, it can require money up front, and it does not accelerate because a catalogue deadline is approaching. H...