The Palette Times

1. Sotheby's Reports Record Results for 2022, Despite Lower-Than-Projected Sales Figures. Sotheby's has released annual figures claiming record results for 2022, with projected sales of $8 billion, the highest in the company's 278-year history. However, a closer look at the figures reveals that actual art and luxury sales as of December 14 were $6.4 billion, down 7% from the previous year. In or..

1. Pace Gallery represents pioneering abstract painter Virginia Jaramillo. Pace Gallery has announced that it will represent pioneering abstract painter Virginia Jaramillo, who has been creating art for over six decades but has only recently seen a resurgence in interest. Jaramillo is best known for her "Curvilinear Paintings," which explore the simplicity and complexity of a single line. She is..

1. Increased Interest in Outsider Art Among Collectors and Dealers Outsider art, created by self-taught artists who are not formally trained and work outside the mainstream art world, has been gaining increased attention from collectors and bigger dealers in the art market. This trend may be driven by a focus on the identity and biography of artists within the contemporary art market and a desir..