Up to €60bn are spent each year on works of art worldwide. Theft and forgery are enduring problems in this high-stakes bazaar. Some claim a third of all works for sale are not by the artists on the label.
The investigation concludes with few definite answers: Only 14 out of the 1,500 artworks found in Cornelius Gurlitt's possession have been formally identified as Nazi-looted art. What else has been achieved?
As COVID-19 hits the Hong Kong art market, its repercussions will be felt around the world and not just in Asia. The crisis may upend old business models and jolt the art market further into the virtual realm.
Elusive UK artist Banksy's new mural highlighting homelessness in the British city of Birmingham is now under 24/7 security monitoring after someone added red noses to the reindeer featured in the work.
A painting by British street artist Banksy depicting the UK Parliament populated by chimpanzees went on show Saturday before being auctioned. It's expected to fetch up to $2.5 million (€2.28 million).
© 2020 Deutsche Welle |
Legal notice |
| Mobile version