ArtMarket® Insight - what's trending on the art market
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A special Francis Bacon sale in Paris [14 Oct 2022]
On 24 October Sotheby’s Paris will be offering an exceptional set of works by Francis Bacon from the Majid Boustany Collection, patron and president of the Francis Bacon MB Art Foundation in Monaco, a non-profit institution dedicated to the British artist. Ahead of this event Artprice takes a quick look at the French auction market […]
Joan Mitchell next to Monet [11 Oct 2022]
The new exhibition at the Louis Vuitton Foundation in Paris juxtaposes the works of two giants of Modern and Contemporary painting: Claude Monet (1840-1926) and Joan Mitchell (1925-1992). The sixty or so works brought together by curator Suzanne Pagé (Artistic Director of the Louis Vuitton Foundation) reveal a number of remarkable visual and thematic similarities. […]
The Ultra-Contemporary Art Market Annual report [06 Oct 2022]
Every autumn, Artprice publishes the conclusions of its constant monitoring of the global Contemporary Art market. This year, our annual report – published simultaneously with Frieze London and Paris+ by Art Basel – focuses specifically on Ultra-Contemporary art (works by artists under 40). In addition to this brand new report, Artprice continues to analyze all […]
The late William Klein; a visionary [30 Sep 2022]
Fashion photographer, painter, graphic designer, abstract photographer, writer, director, bookmaker: few have transformed as many areas of art and culture as William KLEIN. His particular graphic dynamism and his deep affection for the struggles of humanity always dominated the chaos of modern life… and with an energy that was constant, if not growing, for over […]
Fast money on the art auction market: from Picasso and Basquiat… to flipping Ultra-Contemporaries [27 Sep 2022]
Pablo Picasso and Jean-Michel Basquiat represent two of the most important figures in 20th century Art History, but in auction market terms their works generate more turnover than any other artists living or dead. While Picasso regularly takes top position in our annual auction turnover ranking (with over $550 million in 2021), Basquiat reached second […]
The Paley and de Kooning collections at Sotheby’s [23 Sep 2022]
The American auction company Sotheby’s has recently announced important news for the art market this autumn, having won the consignment of two leading collections, that of William S. Paley, former president of MoMA, and that of the family of the great American Abstract Expressionist, Willem de Kooning. The two consignments include a number of major […]
London & New York: star lots announced [20 Sep 2022]
The next major prestige art auctions will be held in October. In recent days, the auction houses have been revealing their star lots to whet collectors’ appetites. The complete catalogs are not yet available online, but, as usual, the auction houses are giving some clues about the forthcoming Impressionist, Modern and Contemporary art sales in […]
Art market: Korea’s ineluctable awakening [16 Sep 2022]
Over the past five years, the growth of South Korea’s art market has turned its capital Seoul into a serious alternative to Hong Kong as an Asian marketplace for Contemporary art. One major advantage of South Korea is its attractive tax system (no import tax or transfer tax) which translates into financial advantages compared with […]
Art and AI [13 Sep 2022]
Artworks involving some element of ‘technology’ (essentially some form of artificial intelligence [AI]) are attracting more and more attention in biennials, museums, galleries, art fairs, but also at auctions. This attention ranges from excited enthusiasm for the new possibilities of AI… to bitter controversy. In late August, Jason Allen, aged 39, won more than just […]
Our selection of sculptures [08 Sep 2022]
From time to time, Artmarket scans the proposals by our partner galleries on the Artprice Marketplace to pick out a selection of ‘favorites’. The latest selection honors abstract sculpture, including some essential signatures of the 20th century, such as Lynn Russell CHADWICK and Vassilakis TAKIS. Each year, more than 10,000 contemporary sculptures are traded at […]
The Paul Allen Collection: Christie’s aiming for a billion! [06 Sep 2022]
The big art news after the summer recess: next November Christie’s will disperse the art collection of Paul Allen, co-founder of Microsoft with Bill Gates. Estimated to be worth around $1 billion, Paul Allen’s collection could become the most expensive collection ever sold at auction. To do so, it would have to beat Sotheby’s recent […]
Market prices of work by Vermeer (the “Sphinx of Delft”)? [30 Aug 2022]
Since his rediscovery in the middle of the 19th century and the passionate contribution of the French art historian Théophile Thoré, Vermeer’s work has captivated artists and collectors worldwide. Early next year, the Rijksmuseum in Amsterdam will be opening a Johannes Vermeer retrospective that promises to be the largest exhibition ever devoted to the Dutch […]
René Magritte: currently the top-selling Modern artist [23 Aug 2022]
With an auction result above 79 million dollars, Magritte is now one of the few artists in the world to have reached that level, along with Picasso, Monet and Van Gogh! Moreover, this year, Magritte is currently the art market’s top-selling Modern artist. An iconic canvas fetched over $79 million Last March, London’s prestige art […]
Our selection of NUDES! [16 Aug 2022]
From time to time, Artmarket scans the proposals by our partner galleries on Artprice Marketplace to pick out a selection of ‘favorites’. This latest selection honors one of the most popular subjects in art history: the nude, both feminine and masculine. Delicacy, sensuality, depth and artistic genius… the nude is an ideal vector for artistic […]
The 18 artworks that have fetched over $100 million [02 Aug 2022]
This year another work exceeded 100 million dollars at auction, bringing the total number of masterpieces valued above this price threshold to eighteen! In this article, Artprice provides an updated ranking of the most-valued artworks on the global auction market. > The first $100 million In 2004 the art auction market crossed a major threshold […]
Hyper-valuation of young artists… the trend is accelerating [26 Jul 2022]
In a tragicomic play written by Pierre Corneille, one of his characters says “I’m young, it’s true; but for well-born souls, value is not a question of age”. That famous line may have been written almost 400 years ago, but it hasn’t aged a bit and is today more than ever relevant in the […]
Basquiat, still alive! [19 Jul 2022]
Jean Michel Basquiat, aka “SAMO” (for “SAMe Old shit”) traversed New York’s 1980s art scene like a shooting star. Already highly arresting at the time it emerged in the 1980s, his œuvre has lost none of its strength or its flamboyance more than thirty years later. The first black artist to appear on the […]
Magdalena Abakanowicz [12 Jul 2022]
The art market is already hot for works by Polish artist Magdalena Abakanowicz, soon to be exhibited at the Tate Modern in London. Born in 1930 in the suburbs of Warsaw, from a noble lineage that family legend traces back to Genghis Kahn, Magdalena Abakanowicz successively experienced the loss of the privileges of her social […]
The Artprice100© index up +36% in 2021 [07 Jul 2022]
Art is now widely considered an alternative investment that not only offers high returns but also a relatively low correlation to other financial assets. Investing in the greatest artists (such as Pablo Picasso, Claude Monet, or Georgia O’Keeffe) can therefore be a matter of personal satisfaction and financial advantage – as long as we take […]
Market Keys to Rodin’s The Thinker [05 Jul 2022]
“Fist pressed against his teeth, he sits lost in contemplation. His fertile thoughts slowly unfold in his imagination. He is not a dreamer; he is a creator.” (Marcel Adam, “Le Penseur”, Gil Blas, 7 July 1904, quoted by Grunfeld, chapter 8, p. 191) A “medium” bronze cast of Rodin’s famous Thinker used to occupy a […]
Excellent results on French art market [28 Jun 2022]
In mid-June Christie’s sale of the Hubert de Givenchy Collection in Paris took 114 million euros ($120 million), an excellent result that doubled its pre-sale forecast and included a rare Surrealist sculpture by Alberto Giacometti. The slender silhouette of a Femme qui marche (Walking Woman), created in the 1930s and cast in 1955 by Fiorini […]
Making way for young female artists (2) [24 Jun 2022]
On 28 June in London, Christie’s will be hosting a highly prestigious evening sale of 20th and 21st century art. Among the masterpieces by Monet, Chagall, Picasso and the usual monuments of Contemporary art (including Damien Hirst and Jeff Koons), there will also be works by a number of young women artists who are still […]
TEFAF is back! [21 Jun 2022]
“We are delighted to have the opportunity to bring together the world’s major art collectors and enthusiasts in an environment where they can exchange, appreciate and immerse themselves in Art History like nowhere else on the planet“. Hidde van Seggelen, Executive Chairman of TEFAF. After the prematurely shortened 2020 edition and a cancellation […]
Make way for young women (1) [17 Jun 2022]
On 28 June in London, Christie’s will be hosting a highly prestigious evening sale of 20th and 21st century art. Among the masterpieces by Monet, Chagall, Picasso and the usual monuments of Contemporary art (including Damien Hirst and Jeff Koons), there will also be works by a number of artists who are relatively unknown outside […]
Adrian Ghenie crosses the $10 million threshold [14 Jun 2022]
Rapidly compared to Francis Bacon, Adrian Ghenie has been electrifying the art world for 10 years. Now crowned with a record at over 10 million dollars, he is one of the 100 most successful artists in the art auction market and has established himself as one of the most sought-after painters of our time. A […]
Our selection: Hantaï… and friends [10 Jun 2022]
Coinciding with a major retrospective marking the 100th anniversary of the birth of Simon Hantaï at the Louis Vuitton Foundation (Paris), Artmarket by Artprice has picked out a selection of works by some of France’s most interesting abstract artists in the second half of the 20th century. In the spotlight this week, a 1955 painting […]
Masterpieces coming to market in June… [07 Jun 2022]
Before the summer recess, the major auction houses are organising an impressive round of prestige sales including Old Masters in New York, 1,200 lots from the Hubert de Givenchy Collection, a special focus on Marc Chagall, and big sales of Contemporary art. Among the important works that will be presented for sale, Artprice has picked […]
The Art Market and the Environment : Can digital art be green? [03 Jun 2022]
The art world is belatedly but resolutely assuming its responsibilities with respect to the natural world. This is the last article in our three-part series on the ecological issues facing the art market and how the secondary art market can adopt a more environmentally friendly approach. Our first article focused on initiatives implemented by the […]
Egon Schiele tokenized [31 May 2022]
A rare painting by Egon Schiele was recently rediscovered in a private home in Vienna. Painted in 1907, the Austrian master’s oil-on-canvas depicts his uncle Leopold Czihaczek playing the piano, his eyes focused on the score in a rare and intimate scene created when Egon Schiele was sixteen. It was the same year Gustav Klimt […]
Flash news: Drawing prizes in Paris – Art Basel Hong Kong [27 May 2022]
Drawing prizes in Paris With several fairs devoted to the exhibition, sale and discovery of works on paper last week, Paris once again wore the crown of global capital of the drawing medium. The events hosted an offer that was unique both in terms of diversity and quality, and they saw the return of private […]
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