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Art Guide, Art Market
Access, Power, and the Price of Participation – Art and Money Series Part 4In the last installment of ARTDEX’s Art and Money series, Why Art Valuation Is Never Just About Money – Art and Money Series Part 3, we challenge the idea that art valuation is simply about price. Moving beyond sticker shock and surface-level complexity, we reveal how art prices function as signals of confidence, trust, and…
Art Guide, Art Market
Why Art Valuation Is Never Just About Money – Art and Money Series Part 3Series Recap: From Sticker Shock to Structural Reality In Part 1, Why Is Art So Expensive?, we examined the initial reaction many people have when encountering famous artists’ art prices — sticker shock, disbelief, and the assumption that prices are inflated or arbitrary. In Part 2, Why It’s Complicated, we moved beyond surface reactions to…
Art Market, Art World
Eternal Blue in the Realm of IKB: Yves Klein’s Vision Beyond the VisibleIn a dazzling Paris evening sale in October 2025, Yves Klein’s monumental California (IKB 71) (1961), a fourteen-foot expanse of pure ultramarine, sold for €18.4 million (about $21.4 million), the highest price ever paid for the artist in France. The work, created just a year before Klein’s untimely death, stands as both an apex of…
Art Market, Art World
Follow the Money: How Economics Shapes What We Call ‘Great Art’What Makes Art “Great”? A Jean-Michel Basquiat painting sells for $120 million. Meanwhile, an equally striking canvas by a gifted but unknown artist collects dust in a modest studio. What separates these two pieces? Is it innovation, emotion, cultural relevance, or something more transactional? The answer is increasingly clear: economics plays a defining role in…
Art Market, Art World
Why the World Is Finally Looking East: The Global Rise of Korean Artists and DansaekhwaIn recent decades, the global art scene has experienced a remarkable transformation, gradually shifting its focus eastward to embrace Korean artists' understated yet profoundly expressive works. Monochrome painting, or Dansaekhwa, a genre born from Korea's post-war turmoil, stands at the center of this shift. Now, this deeply Korean artistic movement is gaining widespread international recognition…
Art Market, Art World
Clyfford Still: The Lone Visionary of Abstract Expressionism – A Force Beyond the New York SchoolOn view until September 14, 2025, the Clyfford Still Museum's current exhibition, 'Held Impermanence,' guest-curated by Katherine Simóne Reynolds, draws deeply upon the collections and archives of the museum to explore a fascinating paradox: Still's fierce desire for artistic control set against the inevitable aging and deterioration of his materials. The exhibition illuminates this tension…