A Snapshot: 2024 Art Market Trends and Sales Dynamics
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Galerie Thomas Under Investigation for Fraud and Insolvency Delays
Consignors demand artwork returns as the gallery faces scrutiny.
Phillips Reports $843M in 2024 Sales, Auction Revenue Drops 14%
Despite challenges, watches and jewelry sales remained stable.
LA Unveils $12M Fund for Fire-Hit Artists
Los Angeles museums, led by the Getty, launch a $12M fund to support artists and cultural workers impacted by wildfires.
Fake Basquiat Payout?
Insurance companies deny a $19.7 million claim over seized fake Basquiat paintings, citing no value in counterfeits.