The Art Newspaper notes the impact that the soaring price of the Swiss Franc has had on the market at Art Basel this year, pushing Switzerland’s high prices even higher, with prices about 15% higher than last year as a result.  “Even the bratwurst is unaffordable,” jokes Andreas Gegner of Sprüth Magers. (more…)

As the Broad Foundation prepares to open its Los Angeles Museum, its founders are on a major buying spree, buying about one work per week to bulk up its collection.  The museum already holds the world’s largest collection of works by Cindy Sherman, and is noted as having more Roy Lichtenstein works than anyone else outside the artist’s own foundation.   (more…)