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Market and Money

Covers news about the art market, including gallery moves, auction results, fair coverage, and financial developments that shape how art is bought and sold.

Market and Money

Covers news about the art market, including gallery moves, auction results, fair coverage, and financial developments that shape how art is bought and sold.

Market and Money   -   Jun 29, 2026 I bet on Kalshi whether a dead man's painting would clear $24 million. It did.
I bet on Kalshi whether a dead man's painting would clear $24 million. It did.

Urgent Matter wagered on five Sotheby's auction lots through Kalshi's new art prediction markets, winning two bets.

Market and Money   -   Jun 25, 2026 Federal findings fault Surfside tower's design as developer's family surfaces as art collectors
Federal findings fault Surfside tower's design as developer's family surfaces as art collectors

Federal investigators faulted the building's original design and construction.

Auctions boost the art market's image — but does the money trickle down?
Market and Money   -   Jun 30, 2026 Auctions boost the art market's image — but does the money trickle down?

A former Sotheby's Americas chair says auction records trickle down to help artists' markets, but the money never reaches living artists.

by Adam Schrader
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Market and Money   -   Jun 30, 2026 Auctions boost the art market's image — but does the money trickle down?
Auctions boost the art market's image — but does the money trickle down?

A former Sotheby's Americas chair says auction records trickle down to help artists' markets, but the money never reaches living artists.

by Adam Schrader
Market and Money   -   Jun 29, 2026 I bet on Kalshi whether a dead man's painting would clear $24 million. It did.
I bet on Kalshi whether a dead man's painting would clear $24 million. It did.

Urgent Matter wagered on five Sotheby's auction lots through Kalshi's new art prediction markets, winning two bets.

by Adam Schrader
Market and Money   -   Jun 25, 2026 Federal findings fault Surfside tower's design as developer's family surfaces as art collectors
Federal findings fault Surfside tower's design as developer's family surfaces as art collectors

Federal investigators faulted the building's original design and construction.

by Adam Schrader
Market and Money   -   Jun 17, 2026 Ansel Adams trust disputes Danziger's account of A.I. 'Moonrise' fight
Ansel Adams trust disputes Danziger's account of A.I. 'Moonrise' fight

The gallerist allegedly said the trust had not contested his public-domain claim; the trust called that false and said it reserves all rights.

by Adam Schrader
Market and Money   -   Jun 06, 2026 Hunter Biden gets the Beeple treatment after certifying art on blockchain
Hunter Biden gets the Beeple treatment after certifying art on blockchain

Biden’s paintings are being certified through Verisart as he accepts Bitcoin payments, drawing a surreal new image from Beeple.

by Adam Schrader
Market and Money   -   Jun 05, 2026 Pace roster cuts hit living artists, photography hardest
Pace roster cuts hit living artists, photography hardest

An Urgent Matter analysis found Pace’s public artists page changes fell most heavily on living artists and photography.

by Adam Schrader
Market and Money   -   May 28, 2026 Taipei Dangdai website and email go dark after 2026 fair cancellation
Taipei Dangdai website and email go dark after 2026 fair cancellation

Five months after Taipei Dangdai's website still carried a notice canceling the fair's 2026 edition, its digital footprint appears to have gone dark.

by Adam Schrader
Market and Money   -   May 23, 2026 Ansel Adams trust condemns Danziger Gallery’s A.I.-colorized ‘perversion’
Ansel Adams trust condemns Danziger Gallery’s A.I.-colorized ‘perversion’

The Ansel Adams Publishing Rights Trust said it did not authorize or endorse the colorization.

by Adam Schrader
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