The Gray Market
The Gray Market is a bi-weekly column by Tim Schneider about the art market’s transition from an informal, insular economy to a professionalised, growth-minded industry.
The Gray Market is a bi-weekly column by Tim Schneider about the art market’s transition from an informal, insular economy to a professionalised, growth-minded industry.
The large-scale investment vehicle raises major questions about who gets to decide where, how and to whom art circulates
Defying market dogma, marquee sales results show “reallocation” to youth
Hermès's alleged sale strategy for the in-demand bags parallels dealers' waiting list policies, but legal experts are sceptical of the lawsuit's merits
A show at the Morgan Library & Museum traces the modern economy's emergence in the Middle Ages—and how it influenced art from the start
The art market ‘trial of the century’ has transitioned from courtroom drama to bureaucratic headache
Will Patrick Drahi sell a stake in Sotheby’s? Will Frieze acquire more regional fairs? Watch this space…
How did his forecasts weather the roughest turbulence the trade has experienced in years? Read on to find out
Fifty years later, history suggests the infamous sale from the collection of Robert and Ethel Scull is not quite the art market precedent it is remembered as
The latest edition of the IFPDA Print Fair in New York and a slew of moves by mega-galleries look set to reshape this long-overlooked category
Is regulation a wonder drug for curing the art market of its chronic fraud problem? Our columnist explains why that thinking is a myth