We launched Artnet News Pro to offer you exactly what you need to know about the art market. Here are some of our best shovels

In May, we made a big step here at Artnet News. We launched Artnet News Pro – a new section for members only – to give readers the tools they need to navigate the terrain of the art market with great effort.

Since then, thousands of the art world’s most passionate residents – from leading retailers to world-renowned artists to emerging aspirants to industry titans – have signed up to stay up to date on everything from the new names popping up on stage to naked-hard dynamics that drives the largest market movements.

Our goal was to offer that kind of coverage in baseball, analyst caliber that would otherwise be impractical for a site like ours to produce on a large scale. Think of it this way: for just one article, a Pro Reporter might meet half a dozen sources, interview a dozen people, and work with our Business Intelligence team to retrieve and analyze more than ten years of auction sales data.

If you have not taken the plunge yet, let us whet your appetite. Below, we’ve put together a selection of our team’s favorite Pro Stories from 2022. If you like what you see but haven’t subscribed yet, you can join here.

Installation view of Aicon Art Gallery at Art Dubai 2021. Courtesy of Art Dubai.

Installation view of Aicon Art Gallery at Art Dubai 2021. Courtesy of Art Dubai.

How much does an art dealer actually earn? We asked a few hundred of them – here’s what we found

by Zachary Small and Eileen Kinsella

“More than 100 respondents in the survey were identified as gallery directors, the majority of whom earned more than $ 100,000, with a few top earners reaching millions. By comparison, those who identified themselves as gallery assistants hit a $ 35,000 ceiling – about 30 percent less. than what researchers at the Massachusetts Institute of Technology define as a living wage in the state of New York. Over a 40-hour week, the sum comes to less than $ 17 an hour. “

View of Monte-Carlo in Monaco. (Photo by Toni Anne Barson / Getty Images)

We went behind the scenes with the art dealers who would make millions in Monaco, the elite city-state less than Central Park

by Kate Brown

“‘Monaco is a kind of public-private,” an insider in the art world told me. ‘It’s a little intimate here.’ In other words, nBeware of the back room when you have a place like this – it’s basically an entire city-state acting as a VIP lounge. ”

Spring Sunshine (1865), a work claimed to be by Claude Monet, is being auctioned off at $ 2 million Innovation White Borders along with an affiliated NFT.  Image lent by Innovation Without Borders

Spring sunshine (1865), a work claimed to be by Claude Monet, is being offered at auction for $ 2 million by Innovation Without Borders, along with an affiliated NFT. Image lent by Innovation Without Borders

An NFT startup is selling what it calls a genuine Claude Monet for $ 2 million. The problem? That may not be true

by Eileen Kinsella

“The authenticity of the work remains an open question. Several Impressionist experts we consulted said most major auction houses would not handle the work. And the Wildenstein Plattner Institute, which published Monet’s four-volume catalog Raisonné under the guidance of the late researcher and negotiator Daniel Wildenstein, said it had no plans to include the painting in future editions of the publication. “

Sir Frank Bowling, 2021. Photo by Sacha Bowling.

Sir Frank Bowling, 2021. Photo by Sacha Bowling.

‘He’s Like a Puppet-Master’: How Frank Bowling manages the production of his art – and his market – in his twilight years

by Naomi Rea

Hauser also plays a long game. They encourage the family to build a core collection of top quality works from Bowling’s entire career and work to find out where the missing persons are. To keep the auction market under control, they are considering repurchasing works on their way to block and ask Bowling to keep others from selling out completely, including the series he’s working on now. “

Guests at Art Basel Hong Kong at the Convention and Exhibition Center, the exhibition is open to the public from 21 May to 23 May. (Photo by Miguel Candela / SOPA Images / LightRocket via Getty Images)

Meet the new generation of young, indecently wealthy and totally obsessed collectors who strengthen Asia’s art market

by Vivienne Chow

“They’re young. They’re rich. They pair Audemar’s Piguet watches with Van’s sneakers. And they buy art – a lot of it. A new generation of Asian collectors not only saved auction sales from a potentially catastrophic fall, but also have the potential to disrupt the hierarchy of taste production in a global art market that has long been dominated by the West. “

The famous Honus Wagner tobacco card from 1909, is considered that "holy grail" of baseball cards.  (Photo by Bob Chamberlin / Los Angeles Times via Getty Images)

The famous Honus Wagner tobacco card from 1909, considered the “holy grail” of the baseball card. (Photo by Bob Chamberlin / Los Angeles Times via Getty Images)

Why the largest Blue-Chip art collectors in the world are suddenly pumping hundreds of millions of dollars into baseball cards

by Katya Kazakina

“Art advisor Anita Heriot found herself inadvertently giving a quick course on the subject to her new British colleagues while getting them up on the portfolio of one of her top clients. The collector’s possessions included works by Mark Rothko and Andy Warhol, but the most valuable and most rapidly valued asset was a crowd of trading cards. “

A general picture during the Louis Vuitton and Yayoi Kusama Collaboration unveiling at the Louis Vuitton Maison on July 10, 2012 in New York City.  Photo by Dimitrios Kambouris / WireImage.

A general picture during the Louis Vuitton and Yayoi Kusama Collaboration unveiling at the Louis Vuitton Maison on July 10, 2012 in New York City. Photo by Dimitrios Kambouris / WireImage.

Simon de Pury on how the world’s best fashion houses have worked with artists to create a red-hot market for collaborations

by Simon de Pury

“The collaboration between Yayoi Kusama and Louis Vuitton helped establish her in the art world’s firmament. While the bags she created for the brand were sold, her original paintings were presented on the VIP floor of the Vuitton store on Bond Street in London. I was particularly fascinated by small plastic figures by the artist himself. I was desperate to get my fingers in one and used all my contacts, to no avail. I was told they would all be ruined once the show was over. “

A promotional image for Masterworks' offering of shares in Andy Warhol's 1 Colored Marilyn (Reversal Series) (1979).  Lent by Masterworks.

A promotional image for Masterworks’ offering of shares in Andy Warhol’s 1 colored Marilyn (Reversal Series) (1979). Lent by Masterworks.

Masterworks wants to turn the art market into the stock market by selling fractions of paintings by famous artists. Are you going shopping?

by Tim Schneider

“The platform’s value proposition is to convert physical works of art into intangible investment instruments. Shareholders outsource care, promotion and resale to Masterworks in exchange for an annual administration fee. It’s a way of allocating part of an investment portfolio to art while avoiding both the logistical disadvantages – and the psychological benefits – of actually living with art. But whether Masterworks offers a smart investment opportunity is a more complex matter. “

Emily Ratajakowski, Buying Myself Back: A Model for Redistribution (2021). Photo courtesy of Christie’s.

Emily Ratajkowski actually commissioned the Richard Prince portrait she said was ‘taken from me’ and more art world gossip

by Annie Armstrong

“Her post pointed back to her viral (and truly excellent) story in last September’s Cut, in which she describes how Prince – a ‘fancy artist worth a lot more money than I’ ‘- acquired several of her Instagram posts. posted and sold them as his own works half a decade ago.As it turns out, it’s not the whole story.Why? Because what Ratajkowski did not do say, and as Wet Paint can only reveal, is that she actually ordered The portrait of the prince in 2015. ”

It counts with men and money in Frida's case.

It counts with men and money in Frida’s case.

Kenny Schachter is led into an ultra-secret $ 130 million frida Kahlo auction and Wades through the NFT swamp

by Kenny Schachter

“The solution was to conduct a closed auction among a hand-picked clique of interested parties. Not a sealed bid – but rather a full-on, real-time, live auction. The result: a total of $ 130 million plus was obtained for the work, Me and My Parrot, from 1941. It is said that the painting went to an Asian collector, which further supports a larger market migration of Western art to the region. “

Yuga Labs LLC, 101 Bored Ape Yacht Club (est. 2021).  Lent by Sotheby's.

Yuga Labs LLC, 101 Bored Ape Yacht Club (est. 2021). Lent by Sotheby’s.

11 questions the art market should have about the Bored Ape Yacht Club, NFT Craze Raking in Millions, answered by an actual expert

by Amy Castor

“If you’re an NFT owner, you’ll also get a few other perks, such as access to the ‘Monkey Swamp Club’ and a members-only graffiti board, according to the Bored Ape Yacht Club’s website. People who own Bored Apes , tends to post the avatars on their Twitter profiles, as a status symbol. “

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