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Copyright © 2026 All Rights Reserved
The condition report is the document that describes the physical state of an artwork at a given moment. For the dealer, it serves simultaneously as a legal protection tool, a stock management instrument and a mark of professionalism toward artists, collectors and institutions. Negligence in preparin
Sculpture holds a paradoxical position in the contemporary art market. While major international fairs dedicate increasingly ambitious spaces to three-dimensional work and institutional collectors actively seek it out, many mid-size galleries remain reluctant to engage with the medium. Weight, volum
There was a time when the opening night marked the beginning of an exhibition's commercial life. Collectors arrived on the evening of the vernissage, discovered the works alongside the public, and made their decisions in the following days. That time is over. In 2026, the most active collectors want
In 2023, Galerie Templon opened its first space in New York. Three years earlier, Almine Rech had inaugurated its fifth location, in Shanghai. These spectacular expansions share one thing in common: their founders joined the Comité Professionnel des Galeries d'Art (CPGA) as early as the 1990s. Yet w
In 2019, a Qatari collector acquired 25 Impressionist and Modern works—including Monets, Picassos, and Modiglianis—in a single transaction for over a billion dollars. No public announcement, no auction catalogue, no media coverage. This sale, orchestrated by dealer David Nahmad, illustrates the scal
In 2014, Richard Prince sued Larry Gagosian. The reason? An exclusivity clause deemed abusive in their contract. The lawsuit revealed a 27-page document where every word carried millions: right of first refusal on future works, prohibition to collaborate with other galleries, and even a "morality" c
In June 2016, inside a white-walled space in London’s Shoreditch district, Carlos/Ishikawa gallery hosted an unusual exhibition. No flashy opening, no flowing champagne, no overloaded booths like at Art Basel. Instead, a dozen galleries from around the world had taken over the space for a full month
In 2015, the Marian Goodman Gallery in Paris discovered, at the back of a box forgotten for twenty years, a series of preparatory drawings by Gerhard Richter. These works, never exhibited or catalogued, are now worth several million euros. This stroke of luck is not an exception: in gallery storage
In 2023, the Parisian gallery Chantal Crousel transformed its basement into an ephemeral café-bookshop. For three months, visitors could sip espresso while leafing through contemporary art catalogues, while an exhibition by artist Haegue Yang occupied the upper floor. The result? Attendance rose by
In 2022, the Montreal Museum of Fine Arts presented "Here We Are, From Here" – the first major retrospective of contemporary Indigenous artists in Quebec. What could have remained a one-off initiative became a turning point. Three years later, the museum has not only integrated Indigenous works into
In 2022, Thaddaeus Ropac gallery sold a painting by Georg Baselitz for 4.5 million euros at a Basel fair. Three years earlier, the same work had been estimated at 1.8 million at auction. This dramatic leap was no accident—it resulted from a meticulous strategy where every exhibition, publication, an
In March 2023, the Parisian gallery Chantal Crousel achieved a record sale at Frieze Los Angeles. A work by Cameroonian artist Barthélémy Toguo, Purification, sold for $120,000 to a California collector. What made this transaction remarkable was not its price, but the fact that it took place without
On November 15, 2021, in an air-conditioned salesroom at Christie’s in New York, a Mark Rothko painting sold for $82.5 million. Nothing unusual at first glance—except this work wasn’t being offered at auction. It was part of an exhibition titled The Art of the Surreal Evening Sale, organized by the
March 2026, Marseille. In the climate-controlled storage rooms of FRAC Sud, a team of curators carefully handles sheets of a strange material—both supple and resistant—that gives off a faint scent of undergrowth. This is no ordinary paper, but a medium grown from mycelium, the network of fungal fila
In 1977, the heirs of Mark Rothko prevailed against Marlborough Gallery in one of the most resounding cases in the history of the American art market. The contract binding the artist to the gallery contained provisions so vague on the management of consigned works that Marlborough was able to sell 6
In 1889, Jean-François Millet's L'Angélus sold at auction for 553,000 francs — a staggering fortune for a canvas acquired thirty years earlier for 1,000 francs. The painter's heirs did not receive a single centime of that windfall. It was this precise, documented and scandalous injustice that plante
In October 2022, the annual barometer published by the Comité Professionnel des Galeries d'Art revealed a fact that many market players know intuitively but rarely say out loud: roughly 70% of French galleries' turnover was concentrated in just the four-month period from September to December. Four
In 1958, Leo Castelli offered Jasper Johns, then completely unknown, an equal share of sales revenue. Johns was twenty-eight years old, had a modest studio in Manhattan, and his paintings of American flags looked like nothing else that was selling at the time. Castelli's gamble paid off: Johns's fir
In November 1885, Paul Durand-Ruel was on the brink of bankruptcy. His warehouses were overflowing with Impressionist canvases that nobody wanted to buy, his debts had reached staggering sums, and his creditors were knocking at the door. He had staked everything on Monet, Pissarro, Renoir — artists
In 2013, Emmanuel Perrotin inaugurated his New York space in a former bank vault — a choice that owed as much to real estate constraints as to symbolism. Ten years later, the gallery counted thirteen spaces across four continents and generated close to 40% of its revenue in Asia. This trajectory, sp
In 1990, Emmanuel Perrotin opened his first gallery in a 60-square-meter apartment on the rue Beaubourg, with no advertising budget and no established institutional network. Thirty-five years later, the name counts thirteen spaces across four continents. This story of meteoric rise is often cited as
In October 2022, the sale of Paul Allen's collection at Christie's brought in 1.6 billion dollars in a single evening — an absolute record for a private collection. Among the buyers were not only wealthy collectors, but also secondary galleries acting on their own account, art advisors mandated by i
In March 2020, David Zwirner launched his Online Viewing Rooms with an audacity that owed as much to necessity as to conviction. Within a matter of weeks, what looked like a pandemic stopgap was generating several million dollars in sales and drawing virtual visitors from Lagos, Seoul and São Paulo
In 2019, a collector based in Dubai sent a direct message to American artist Julie Curtiss after discovering her paintings on Instagram. Without an intermediary, without a vernissage, without any physical meeting, she acquired a canvas for one million dollars. This type of transaction, unthinkable t