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

Artprice's Latest Report

ArtMarket® Insight contents

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Flash News : Patrick Drahi’s acquisition of Sotheby’s – Rudolf Stingel at the Beyeler Foundation – Luc Tuymans at Palazzo Grassi [21 Jun 2019]

Patrick Drahi’s acquisition of Sotheby’s confirms the Art Market’s entry into the digital era of the 21st century » thierry Ehrmann: “Patrick Drahi’s acquisition of Sotheby’s confirms the Art Market’s entry into the digital era of the 21st century. Artprice has always argued that the global Art Market – weighing roughly 90 billion dollars – was […]

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Paris posts good results at its Spring Sales [18 Jun 2019]

Over the last couple of weeks, Post-War and Contemporary art has generated very good auction results in Paris. The French ‘stars’ of the market like Nicolas de Stael, Pierre Soulages and the German-French artist Hans Hartung all performed well, while the Sino-French artists posted superb results having become increasingly attractive to international collectors. Christie’s owes […]

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Art Basel special: focus on the Unlimited section [14 Jun 2019]

Every other Friday Artprice posts an auction ranking highlighting the Art Market’s major trends. This week – dedicated to Art Basel – Artprice looks at the 10 most expensive artists in Basel Art Fair’s ‘Unlimited’ sector. Art Basel (13-16 June 2019), the world’s most prestigious Contemporary art fair, is currently in full swing, attracting tens […]

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Art Basel. Contemporary Art’s biggest event kicks off [11 Jun 2019]

Art Basel currently has three annual editions: Miami in December, Hong Kong in March and Basel in June. On 13 June, the world’s most famous fair for Modern and Contemporary art opens its doors to the public in the city of Basel for three intense days, offering artworks by some 4,000 international artists. A total […]

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Events marking Gustave Courbet’s bicentennial could stimulate his market… [10 Jun 2019]

Gustave Courbet was born on 10 June 1819 in Ornans, a small town in Franche-Comté that has been home to the Courbet Museum since 2013. This Monday, to mark the bicentennial of the birth of this major artist (more in terms of Art History than on today’s market…) the museum is opening an exhibition entitled […]

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Flash News: Lee Ufan at the Metz Centre-Pompidou – Nobuo Sekine – Aboriginal Art in US [07 Jun 2019]

Lee Ufan “inhabits time” at the Metz Centre-Pompidou Until 30 September 2019 Painter, sculptor, creator of installations, poet and philosopher, Ufan LEE invites us to “see what we can’t see” in an œuvre that discards figurative representation in favor of ‘encounters between discernible signs, materials and environments’. His artistic approach represents a form of resistance […]

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Phillips… a rising power with a BIG 3rd place [04 Jun 2019]

While Christie’s and Sotheby’s recent breathtaking results in New York clearly dwarfed those of their competitors, Phillips’ results were better than ever before with a remarkable sold rate of 98%. Up 40%… Difficult to compete with the $341.8 million taken at Sotheby’s Contemporary Art sale on 16 May or the $538.9 million hammered at Christie’s […]

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Top results for female artists [30 May 2019]

Every other Friday Artprice posts an auction ranking to shed more light on the Art Market’s key trends. This week’s fortnightly Top article focuses on the best results in auction history for women artists. To date, the Top 10 best-ever auction results for women artists have rewarded three works by Georgia O’Keefe, three by Louise […]

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Artprice: Hong Kong drives the Contemporary Art Market [29 May 2019]

Artist Zhang Xiaogang in his studio with Wan Jie, Artron Group CEO (left) and thierry Ehrmann, Artprice CEO (right). Christie’s, Phillips and Bonhams have at last started their 2019 sales programme in Hong Kong, two months after the other major auction houses began theirs. Sotheby’s, China Guardian, Poly, Council and Seoul Auction organized their first […]

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Flash News: Yayoi Kusama and Hammershøi in Paris [24 May 2019]

Yayoi Kusama at the Louis Vuitton Foundation After London, it’s now Paris’s turn to host one of the famous immersive creations by the grand old dame of Japanese artist. In the framework of what the Foundation is calling “The Collection of the Foundation. A Vision for Painting” the museum is presenting Infinity Mirror Room – […]

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From Monet to Koons… records beaten and stunning results [21 May 2019]

In New York last week buyers were for the most part in a strongly acquisitional mood faced with some 1,700 lots in the catalogues of Impressionist, Modern and Contemporary art. The most outstanding records – $110.7 million for Claude MONET, $91 million for Jeff KOONS and $88.8 million for Robert RAUSCHENBERG – illustrate the extent […]

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Flash News: from Van Dyck to Sally Mann [17 May 2019]

Kitsch leads Contemporary sculpture market On 15 May 2019, one of Jeff Koons’ three Rabbit sculptures (1986) offered for sale at Christie’s in New York surpassed the $90.3 million achieved by David Hockney’s Portrait of an Artist (1972). Jeff Koons is coming back as the most expensive living artist on the planet with a gleaming rabbit […]

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Old masters on 1 May… [14 May 2019]

At the beginning of the month, Christie’s held a major sale of Old Master artworks in New York. Some works far exceeded their estimates and a number of major new auction records were hammered. Are we perhaps seeing a regain of interest in this highly demanding segment since the sale of Salvator Mundi? While the […]

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A ‘universal’ masterpiece could exceed one billion yuan remnimbi (¥) at auction in June 2019 [10 May 2019]

The Caravaggio painting found five years ago in an attic in Toulouse (France) is currently being exhibited in New York before being auctioned on 27 June 2019. A work of exceptional power, it could become one of the most expensive artworks in history if it crosses the RMB 1 billion threshold (USD 145 million). Museums and […]

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Focus on Oskar Kokoschka [07 May 2019]

A powerful force in Expressionism, Oskar Kokoschka was a prolific and complex artist. Known above all for his paintings, he was also an engraver, an author and a set designer. Today his work is enjoying plenty of exposure Vienna at the beginning of the 20th century… the 18 year-old Oskar KOKOSCHKA (1886-1980) was admitted to the […]

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Christie’s Top 10 results in Q1 [03 May 2019]

In Artprice’s fortnightly series of auction rankings identifying the Art Market’s primary trends, this week’s Friday Top looks at Christie’s best results in the first quarter of 2019. The world’s most powerful art auctioneer (with a global turnover of nearly $5 billion from Fine Art in 2018) just keeps on generating extraordinary results. Two years […]

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Matisse engravings [30 Apr 2019]

“It’s a question of learning and relearning the language of lines”. Matisse to Raymond Escholier Henri MATISSE (1869-1954) is of course known and appreciated for his use of colour, but he was also a master of line, with a freedom of hand that is perfectly visible in the large number of lithographs and engravings he […]

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Flash News: Munch at the Bristish Museum – Claude Lalanne – Lee Ufan [26 Apr 2019]

Edvard Munch at the British Museum With The Scream (a series of 5 works made between 1893 and 1917), Norwegian artist Edvard MUNCH created one of art history’s most iconic images, an image that has been copied many times and appropriated through the generations. In 2012, his pastel version of The Scream – beautifully capturing […]

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Old Masters in New York… [23 Apr 2019]

Italian Baroque, Nordic Renaissance and 18th century English landscapes… Old Master connoisseurs will be this week studying the rarities soon to be offered in New York. Carracci, Guercino, Fra Bartolomeo, de Ribera, Constable, among others… Christie’s Old Masters exhibition opens on 25 April, leaving less than a week for potential bidders to approach the works […]

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Phillips’ Top Results in Q1 [19 Apr 2019]

In Artprice’s fortnightly series of auction rankings identifying the Art Market’s primary trends – this week’s Friday Top article looks at the top 10 results hammered by Phillips during the first quarter of 2019. Richter, Lichtenstein, Kippenberger, Basquiat, Brown, Wool and Kaws … Phillips is increasingly taking a leading position on the Contemporary Art market […]

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Beijing: market transformation and Art Beijing’s strategy [16 Apr 2019]

In less than ten years, China has imposed itself on the global Art Market and now represents the planet’s second largest marketplace. In 2018, China generated $4.5 billion in Fine Art auction turnover behind the United States’ $5.9 billion. But whereas the US total increased 18% last year, China’s total shrank by 12%, suggesting that […]

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Flash news: Foujita & Sanyu at Phillips’ – Aristophil… Chapter 3 [12 Apr 2019]

Phillips Exhibition in Paris: Foujita / Sanyu: Muses & Models, Phillips, which has not yet organized any public sales at its Paris office on Rue du Bac, recently organised an exceptional exhibition of works by the Japanese artist Tsuguharu FOUJITA (1886-1968) and the Chinese artist Chinese SAN Yu (1895-1966) at the Grand Palais. The show’s dates, […]

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Hong Kong… Outstanding performance at Sotheby’s [09 Apr 2019]

The recent series of auction sales in Hong Kong – organised to coincide with Art Basel Hong Kong – generated more than satisfactory results, especially for Sotheby’s, which took its second best-ever sales total in its history. During the latest round of major prestige sales in Hong Kong, competition between bidders was particularly intense and […]

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Top-selling drawings in Paris [05 Apr 2019]

In Artprice’s fortnightly series of auction rankings designed to help you identify the Art Market’s primary trends – this week’s Friday Top! article picks out the top 10 results during the intense week of drawing shows, fairs and auctions as part of Paris Drawing Week. Every year – for the past 13 years – Drawing […]

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Fernand Léger – a perfect example of Modernism [02 Apr 2019]

Fernand Léger’s creations were highly unique and his spirit of independence and ‘avant-gardism’ continue to inspire to this day. Frequently shown by museums, his works are also popular with the market. Fernand LÉGER’s discovery of Cézanne’s work in 1907 acted as an electro-shock: Cézanne was delving into Cubism and Abstraction. Taking up quarters in the […]

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Flash News: Upcoming auction sales in New York – Thomas Houseago in Paris [29 Mar 2019]

Monet, Modigliani, Bouguereau… the best works on offer in May New York’s prestige sales in May look set to generate plenty of spirited bidding battles. We take a look at some of the top lots in the catalogues. A long row of stacks of wheat in a field at sunset, painted with Claude MONET’s classic pastel […]

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Art Paris 2019 [26 Mar 2019]

Grand Palais, Paris, 4 – 7 April 2019. After an intense week of drawing shows and fairs in Paris – Salon du Dessin (27 March-1 April) at the Palais Brongniart, Drawing Now (28-31 March) at the Carreau du Temple, and DDESSIN (29-31 March) at the Atelier Richelieu – the French capital will host the 21st […]

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Top 10 results so far in Post-War and Contemporary Art [22 Mar 2019]

Every other Friday, Artprice posts a “Top” ranking that provides insight into the Art market’s major trends. This week, we look at the artists who have generated the best auction results in Post-War and Contemporary Art so far this year. The prestige sales held during February and March this year highlight four works which each […]

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The year’s first Contemporary Art Market indications [19 Mar 2019]

In London, the year’s first major results in Post-War & Contemporary Art were encouraging. Christie’s and Sotheby’s both posted excellent totals, doubling their combined 2018 sales turnover. Sotheby’s posted $145 million from its sales on 5 and 6 March while Christie’s generated 140 million (including the total from the much anticipated Georges Michael collection), and […]

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Flash News: DRAWING NOW and DDESSIN are coming soon in Paris [15 Mar 2019]

DRAWING NOW art fair 2019 28 – 31 March. Le Carreau du Temple, Paris 3rd arrondissement Drawing Now has been a reference in Contemporary drawings for 12 years. The Fair has successfully resisted intense competitive pressure from newer fairs dedicated to Contemporary drawing such as Art on Paper (Brussels), Paper Positions (Basel, Berlin and Munich) […]

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