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Sotheby’s reverses fee structure–The auction house has scrapped its flat 10% vendor's commission after less than a year, following pushback from sellers ow.ly/aPwz50UuSws

What Asia’s top art collectors are buying — and why. As gallerists and buyers descend on Singapore this week, a younger generation is refashioning art-market tastes. By Melanie Gerlis #PayWall ft.com/content/6fb7f9…

Christie’s and Sotheby’s began accepting cryptocurrency for selected physical works of art in 2021, following Christie's 'watershed' sale of Beeple's NFT. Melanie Gerlis has more on.ft.com/40KcHEA

Art heroes 👏👏-Beirut has suffered endless catastrophes — its art galleries offer a glimmer of hope. Amid conflict & economic woes, businesses have struggled in the capital — but dealers and curators sense the tide is turning. By Melanie Gerlis #PayWall ft.com/content/1f1405… via Financial Times

What art does for luxury and what luxury does for art - Victoria Beckham on turning her Mayfair boutique into an art gallery via Financial Times on.ft.com/4jNJYXe

Los Angeles’ art world steps into a dangerous new age of climate risk. Amid the devastation of the LA wildfires, cultural institutions are assessing a near future of increasingly extreme conditions. By Melanie Gerlis #FriezeLA #PayWall ft.com/content/46eec1… via Financial Times

Art buyers love forgotten creators — but not everything is worth rediscovering. Collectors are enchanted by the ignored and overlooked — but is this trend stealing valuable attention away from younger artists? By Melanie Gerlis #PayWall ft.com/content/fe3fa1… via Financial Times

👍 wrap-up by Melanie Gerlis-The recipe for art auction success? Surrealism — and Instagram-friendly painting. Despite turbulent times, the repeated mantra through the London salesrooms was that ‘good things will still sell’ #PayWall ft.com/content/311fa5… via Financial Times

JR is a street art sensation — but his market value remains an enigma. The self-styled ‘photograffeur’ orchestrates public spectacles and is big on social media — so why are his sales relatively low-key?By Melanie Gerlis #PayWall ft.com/content/3dcc69… via Financial Times

Incredible 🤪-A mysterious $100mn trove of rare coins — hidden from the Nazis — to be auctioned. Amassed by an obsessive connoisseur dubbed ‘The Traveller’, it is the most valuable collection of its kind to be sold at auction. By Melanie Gerlis #PayWall ft.com/content/a89fec… via Financial Times

News just in:

"Do cremated ashes classify as human remains? Should there be international trade in religious relics? What, in the words of the fictive archaeologist Indiana Jones, 'belongs in a museum'?" And don't get me started on tabots. ft.com/content/489a12… via @ft Melanie Gerlis

Art Basel launches new art fair in Qatar via Financial Times on.ft.com/4kmmYyx

Exclusive: Epiris, the private equity backer of auction house Bonhams and pub group Amber Taverns, is preparing to bid for a portfolio of Sea Life-branded aquariums put up for sale by Merlin Entertainments, the world's biggest theme park operator. news.sky.com/story/bonhams-…

🤩🤩 Don’t miss it if u can-The art world’s next big thing? A shopping centre in Croydon. For pioneering gallerist Gavin Brown, a downtrodden retail complex in south London is the perfect spot for a summer show of video works. By Melanie Gerlis ft.com/content/601022… via Financial Times

‘Getting rich quick is out of the question’: what does it take to open a gallery in London these days? The city’s newest dealers — taking part in London Gallery Weekend’s fifth edition — are playing the long game amid economic turmoil. By Melanie Gerlis #PayWall ft.com/content/4e5567…

How indigenous art became in demand. Works from previously overlooked communities are gaining in prominence, raising questions of cultural respect and financial fair share. By Melanie Gerlis #PayWall ft.com/content/5ba304… via @ft

Going, going, gone - I look at the shifting sands of the art market for today’s ⁦The Times and The Sunday Times⁩ thetimes.com/article/89813c…

Sex, love or money? What art collecting is really abt. When it comes to her adult thirst for contemporary art, Sandretto Re Rebaudengo talks abt using it “to understand the world better, to talk a bit less&to listen to what artists have to say” By Melanie Gerlis ft.com/content/9f87e3…

Why art dealers are up in arms at the EU’s new anti-terror legislation. Cultural property laws that come into force this week have been condemned as ‘stupid’ and ‘absurd’. By Melanie Gerlis #PayWall ft.com/content/33de5b… via @ft