CNBC contacted a dozen New York City art galleries and the same number in London to request price lists for their current exhibitions. One gallerist said prices might not be made public to protect ...

Why are prices for new works by many artists so high? Are those prices prudent when artists are still emerging and have little track record? Are they justifiable when demand dries up and resale prices ...

Auction records are only one measure of value and can differ significantly from what dealers or insurers believe a work is worth. Observer Labs It’s tax time in the U.S., which means many collectors ...

In early spring in New York, I sat across from former Sotheby’s rainmaker Brooke Lampley, now a director at Gagosian, as she reflected on one of the most elusive skills in the trade. “Pricing was one ...

The question of what art costs always leads back to the banana. In 2019, Maurizio Cattelan famously duct-taped one to a wall and called it “Comedian.” In 2024, a version of the piece sold for $6.2 ...

Attorney J.D. Harriman is skeptical about some of the art market's sales techniques. "There's very little genuine information and data on pricing," he told CNBC via video call. Prices for artworks are ...