Fine art: a playground for the superrich

Dec 8, 2022
Since the blockbuster auction of Paul Allen's collection, the art market might be losing some of the wind in its sails.
David Hockney's "The Conversation," part of the collection of the late Microsoft co-founder Paul Allen. But fine art adviser Lisa Austin thinks a market slowdown may be imminent.
Frederic J. Brown/AFP via Getty Images

An art critic's perspective on the billion-dollar auction of Paul Allen's collection

Art critic Blake Gopnik comments on the record-setting auction, as well as his own interactions with the late Microsoft co-founder.
'The Conversation' by David Hockney and  'The Attended' by Brice Marden are part of more than 150 paintings auctioned from late Microsoft co-founder Paul Allen's art collection at Christie's this week.
FREDERIC J. BROWN/AFP via Getty Images

More people are buying art online, but is that making the fine art market more accessible?

Apr 9, 2021
Online art sales doubled during the pandemic, but that didn't necessarily make it easier to break into the art world — as a collector or as an artist.
A visitor stands in front of works by U.S. artist Stanley Whitney at the National Museum of Contemporary Art in Athens.
Angelos Tzortinis/AFP via Getty Images

Does the sale of fine art need physical spaces?

Jan 27, 2021
Masha Golovina of Masterworks.io talks about the two-tiered economy and says that when physical art fairs are coupled with online sales, "that's the ideal mix."
Two paintings by Fernand Léger that debuted at auction last year before the arrival of the pandemic, which disrupted gallery sales.
Tristan Fewings/Getty Images for Sotheby's
The National Gallery of Art in Washington is currently closed due to the COVID-19 pandemic.
Nicholas Kamm/AFP via Getty Images

It's a good time to buy art made by women

Their work has historically been undervalued.
"Mister Blue," the work on the right, is by Lee Krasner, one of the main artists discussed in Mary Gabriel's new book. It was shown at the Ordovas gallery in London in 2016.
Leon Neal/Getty Images

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