ArtMarket® Insight - what's trending on the art market

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ArtMarket® Insight contents

A quiet period on the auction market [21 May 2024]

During the first quarter of 2024, the mood in auction rooms around the world remained distinctly flat and major works were rare. Nevertheless, the results obtained have been solid enough to stop the market from going into panic mode and, as we approach the major sales in May, the market appears to be relatively buoyant. […]

Interview with the artist 1donknows, creator of the NFT “Chaos under the pure light” presented on the cover of Artprice’s 2023 Art Market Report [17 May 2024]

1DONTKNOWS (1996) sees his work as a fusion between classicism and surrealism. The collage technique – invented by Picasso and Braque at the start of the 20th century – finds a new dimension with digital creation tools, and a new anachronistic form of «art pompier»: 1dontknows mixes biblical figures, drapery and crypto symbols, taking us […]

Jean Hélion… against the current [14 May 2024]

Completely rejecting the dominant trends during his career, Jean Hélion’s work is currently the subject of a superb exhibition at the Museum of Modern Art in Paris, twenty years after his last retrospective at the Center Pompidou in 2004. It’s a major opportunity to highlight the impact of this precursor whose work is little known […]

With New York’s prestige art sales fast approaching, we take a quick look at the catalogs [10 May 2024]

The month of May, with New York’s prestige spring sales, is always a key moment for the international art market. Last year, the city generated no less than 1.9 billion dollars in just one week, of which 49% was hammered by Christie’s, 41% by Sotheby’s and 6% by Phillips. This year, the art auction market […]

Chardin and Bugatti: Two Iconic Works Expected in Paris [07 May 2024]

New Record in the Making for Rembrandt Bugatti Three bronze panthers stand proudly on a terrace, confidently advancing towards Rembrandt BUGATTI‘s new auction record. The artwork is exceptional in many ways. It is the only piece by the Italian artist depicting three panthers and it has never been mass-produced. With unparalleled rarity, this unique and […]

“In Brief: Klimt Sale Between Record and Disappointment; Max Pechstein in Global Top 100” [03 May 2024]

Between record and disappointment, Gustav Klimt’s Portrait of Miss Lieser All eyes converged on Vienna on April 24th, eager to attend an exceptional auction, that of the “Portrait of Miss Lieser” (Bildnis Fräulein Lieser), one of the most magnificent testimonies of Gustav KLIMT‘s last creative period. After a century of mysterious absence, this enigmatic work […]

Abdoulaye Konaté, using textiles to create art [30 Apr 2024]

The African country Mali is a major source of artistic talent, and, as a founding member of an African fund for culture aimed at financing projects by young artists, Abdoulaye KONATÉ is one of its major representatives and supporters. Born in 1953 in Diré, Abdoulaye Konaté found his expression in textiles in the early 1990s, […]

Francis Newton Souza: exceptional record for his centenary [26 Apr 2024]

Souza is often considered India’s most radical artist. In 1947, the year of Indian independence, he was one of the founding members of the Progressive Artists’ Group. Alongside artists like Sayed Haider Raza and M. F. Husain, he sought to introduce a new Modern artistic language to his country. By combining classical Indian themes with […]

France celebrates 150 years since the birth of Impressionism in museums… and in auction rooms [23 Apr 2024]

Impressionism was born 150 years ago – on 15 April 1874 to be precise – when a group of artists rebelled against the standards of the official Salon. Thirty-one artists, including Monet, Renoir, Degas, Morisot, Pissarro, Sisley and Cézanne, gathered at 35, boulevard des Capucines, in the former studios of photographer Nadar. Together, they presented […]

Key figures and best auction results in the first quarter of 2024 [19 Apr 2024]

The art market began 2024 with unusual calm. The auction stats for the first quarter show a high-end market operating at an even slower pace than in the last quarter of last year. Artprice’s latest Annual Art Market Report discusses the causes and effects of this trend. Today, as we move into spring, we can […]

Gustav Klimt: Portrait of Miss Lieser [12 Apr 2024]

A magnificent rediscovery On 24 April, Vienna’s Kinsky auction house will be offering a rediscovered painting by Gustav Klimt, Portrait of Miss Lieser (1917). Kept secretly by some private Austrian owners, the painting was thought to have been lost for almost a century. The rediscovery of this large female portrait, one of Klimt’s best portraits […]

Art Paris 2024: How did it go? [12 Apr 2024]

The 26th edition of Art Paris closed its doors on Sunday April 7 after welcoming nearly 70,000 visitors to the ‘ephemeral’ Grand Palais. Next year (spring 2025) this major Modern & Contemporary art fair will return to the renovated Grand Palais. Despite a lower attendance compared with the 2023 edition (notably due to the Paris […]

Barbara Hepworth: one of the world’s top selling women artists [09 Apr 2024]

By becoming the second most valuable woman sculptor after Louise Bourgeois, Barbara Hepworth also establishes that more than 10 female artists now exceed $10 million at auction. At 17, Barbara HEPWORTH was already determined to become a sculptor and she went to study at the College of Art and Design in Leeds on a scholarship. […]

The Artprice100© index was up 1.55% in 2023 [08 Apr 2024]

The simulated portfolio put together by Artprice to evaluate the annual performance of a weighted investment in the world’s 100 top-selling blue-chip artists on the global art auction market continued to grow with an overall return on investment of 1.55 % between January 1, 2023, and December 31, 2023. The portfolio’s yield in 2023 was […]

Warhol+Basquiat: perhaps a new record for a joint work… [05 Apr 2024]

Currently on display at Sotheby’s in Hong Kong, a collaborative masterpiece between Andy Warhol and Jean-Michel Basquiat is attracting a lot of attention. Dating from 1984, the painting will be presented in London on April 11 & 12 before returning to New York to be auctioned in May. Measuring 295 x 420 cm, this imposing […]

Rise of Indian artists: the case of Sayed Haider Raza and the latest New York results [02 Apr 2024]

The Indian art market is flourishing! After an unusually high level of art auction turnover in India during 2023, the country’s artists are fetching exceptional results in France and the United States, where Sayed Haider Raza has just renewed his auction record. Artprice’s latest global art market report identifies India as the “surprise of the […]

Richard Serra, a master of the gigantic [29 Mar 2024]

Richard Serra, a leading figure in Contemporary sculpture, passed away on 26 March 2024 on Long Island, near New York, just two months after the death of Carl André, another emblematic figure of American 1960s minimalism. Recognized as one of the most famous living sculptors in the United States, Richard Serra was honored with the […]

Saving Banksy works slated for destruction: does it make sense? [26 Mar 2024]

Sponsored Article An international superstar, BANKSY is one of the most politically engaged and popular artists of our time with over 12 million followers on his Instagram account. His works, both humanist and satirical, are visible to passers-by around the world, on walls and facades, and for several months, on ruins around Kyiv. Banksy – […]

Paris: a unique marketplace for drawings [22 Mar 2024]

The French art market is one of the largest in the world for artworks on paper, not only at auction, but also via the unique drawing fairs and exhibitions that are hosted in Paris every spring, accompanied by a string of specialized auction sales. At auction and on a global scale, the drawing market generates […]

The French art market looks buoyant ahead of Art Paris [19 Mar 2024]

Since Brexit Paris has been re-emerging as a key marketplace for Modern and Contemporary art, laying the foundations for the international promotion of French artists: Art Paris, of which Artprice is a loyal partner, is participating in this effort along with BNP Paribas. Our latest global art market report – The Art Market in 2023 – […]

London sales: main results [15 Mar 2024]

A week after London’s first major – and highly anticipated – fine art auction sales of the year, Artmarket by Artprice looks at the sales’ most notable results, which were, overall, solid enough to reassure the art market. Sotheby’s On March 6 and 7, Sotheby’s evening sales of Modern and Contemporary art, including their ‘The […]

Joan Mitchell: more than ever in demand [12 Mar 2024]

A poetry and nature enthusiast, Joan Mitchell was one of the first internationally recognized female artists in the middle of the last century, and her current success is particularly emblematic of the revaluation of women artists. Born in the United States to a poet and an art-enthusiast doctor, Joan MITCHELL (1925-1992) hesitated for a while […]

THE ART MARKET IN 2023 [07 Mar 2024]

Artprice by & ARAA (Artron Research Academy of Arts) In 2023 global art auction revenue shrank with a loss of momentum at the market’s high-end; but behind this relatively predictable decline, the auction world threw up a number of surprises and plenty of reasons to remain optimistic. Our 2023 Art Market Report Report provides […]

Hokusai featured in New York [05 Mar 2024]

A year after Christie’s hammered a record $2.75 million for a print of Hukosai’s Great Wave off Kanagawa, the same auctioneer is putting Hokusai in the spotlight of its spring sales with an exceptional set of Thirty-Six Views of Mount Fuji to be sold on 19 March during Asia Week in New York. HOKUSAI’s Great […]

Flash news: Fernando Botero, Françoise Gilot and David Hockney in the next sales [01 Mar 2024]

Eleven works by Botero at auction This is an exciting time to be buying or selling works by the great Colombian artist Fernando BOTERO who died last September. In 2023, he was ranked among the world’s 50 best-performing artists at auction with sales of almost $39m including a new personal best of $5.1m achieved last […]

Julie Mehretu in the world’s Top 100 [27 Feb 2024]

At 52, the Ethiopian-born artist became one of the world’s top 100 in 2023 A gifted drawer as a child, Julie MEHRETU began to dream of being an artist at Kalamazoo College, a small art school in the American Midwest. Michigan is now home to this budding artist, born in Addis Ababa, Ethiopia. When she […]

Art Karlsruhe opens its doors [23 Feb 2024]

For this year’s edition of the not-to-be-missed German fair Art Karlsruhe (22-25 February 2024), its new director Kristian Jarmuschek answers all of the Artmarket team’s questions. What is the state of the art market in Germany? What are the strengths of the country’s largest artistic centres: Cologne, Berlin and Karlsruhe? The art market in Germany […]

Tribute to Günter Brus, last representative of Viennese Actionism, who has died at the age of 85 [20 Feb 2024]

After the death of Hermann Nitsch in 2022, we have now also lost Günter Brus – the last representative of Viennese Actionism – who died on 10 February 2024 at the same time as a retrospective exhibition of his work celebrating his 85th birthday at the Günter Brus Museum (the ‘Bruseum’) in the eastern Austrian […]

The Outsider Art Fair returns with Creative Growth as guest of honor [16 Feb 2024]

Outsider Art Fair (OAF), the only fair dedicated to self-taught artists, is preparing to open its 32nd edition in New York. The event will run from February 29 to March 3, 2024 at the Metropolitan Pavilion in Manhattan with 63 exhibitors from 32 cities in eight countries. Since its inception in 1993, the Outsider Art […]

Carl Andre: tribute and controversy [13 Feb 2024]

A few weeks ago, Carl André, a major figure in the Minimalist Art movement but tried for the murder of Ana Mendieta, died at the age of 88.. In the press release announcing Andre’s passing, the Paula Cooper Gallery (with whom the artist had worked since 1964) recalls that “Carl Andre redefined the parameters of […]

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