Katya Kazakina

Wooed by galleries, buyers chase artworks like 'prestige fashion objects.' Do they know what they are doing?

The market has 'completely stopped' for many artists. Is it possible to lure in new buyers 'without causing a total crash of their careers?'

An immersive installation featuring paintings and a striped carpet by Rudolf Stingel is on offer for $3.5 million at Gagosian in New York.

Institutions established by collectors have a veneer of permanence. In reality, 'they can do whatever they want.'

The mood was buoyant at the debut of New York's newest and most unusual fair, even if sales were slow in coming.

The artist's market was once red hot, but auction results in recent years have been disappointing.

Major pieces by Joan Mitchell, Frank Stella, and Julie Mehretu are headed to the block next week. The Art Detective knows who is sending them there.

María Berrío's painting depicting a sumptuous supper goes under the hammer just two years after it was last sold for $1.56 million.

The winning bidder was beaten out by another collector when the work was offered at the house 30 years. That time, it sold for just $475,500.

The 10-minute bidding war for Carrington's surreal masterpiece injected much-needed excitement into an anxious auction season.