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

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ArtMarket® Insight contents

Basquiat and Koons account for 12% of the contemporary art turnover [23 Oct 2020]

Over 30,000 artists sell publicly, but the market essentially turns on the top 100. The big names in Contemporary Art attract crowds to museums and lend credibility and prestige to collections, whether public or private. With works valued at tens of millions of dollars, much of the market’s interest is focused on these high-end signatures. […]

A couple of Parisian art fairs resist: Galeristes and ASIA NOW! [20 Oct 2020]

Although all the major Parisian art events have been hastily cancelled (the Fiac, Paris photo and even Art & Museum) other fairs such as Galeristes and Asia Now have confirmed they will be taking place, highlighting the rarity of such events in this very difficult period. Galeristes 2020 The 5th edition of the Galeristes art […]

ART TAIPEI: opening soon [16 Oct 2020]

While many art fairs have been cancelled or postponed around the world, Art Taipei will take place in October (23-26) and will be all the more eagerly awaited for its rarity in the current context. We interviewed its director – CHUNG Ching Hsin – to get a better understanding of Art Taipei’s developments, challenges and […]

Contemporary Art, the primary growth driver of the global Art Market [13 Oct 2020]

Does today’s art auction universe bear any resemblance to what it was 20 years ago? This is the question we asked ourselves through this report. In this year 2020, severely shaken by the coronavirus pandemic, we felt it necessary to take a step back in order to broaden our vision beyond the « lost year » by […]

Victor Brauner… a seer at the Museum of Modern Art in Paris [09 Oct 2020]

Grand Master of the Order of the Platypus, First Class Commander of the Legion of Saturn, an eccentric painter close to the Dada and Surrealist movements… Victor Brauner’s work is being shown at the Museum of Modern Art (MAM in Paris until 10 January 2021. We take this opportunity to recall some of the salient […]

Sanyu’s nudes have become a pillar of Hong Kong Sales [07 Oct 2020]

With four results above the $20 million line over the past two years, Sanyu’s signature is once again at the top of the bill in the Hong Kong’s autumn sales. . An outstanding SAN Yu Nude was the star lot in Sotheby’s Hong Kong sale earlier this week. Described in the catalogue as a “grandiose […]

Focus on Lee Ufan. A minimalist and universal œuvre [02 Oct 2020]

The artist Lee Ufan is a paradox disguised as an artist. At the crossroads of several civilizations, he very much rows against the world’s currents and pushes art into new territories…. as we will soon be able to discover at his new foundation in Arles. . “Contemporary art needs time”. Lee Ufan Born in 1936 […]

The New Art Fairs Calendar for October 2020 [29 Sep 2020]

The Covid pandemic has prevented numerous fairs, biennials and art festivals from opening their doors. Further cancellations have been announced during September for important events. In total, no less than 25 events have been wiped off the initially planned calendar for October 2020, that’s almost 30% of the scheduled artistic events. In New York, the […]

American museums preparing to sell certain masterpieces [25 Sep 2020]

Brooklyn Museum to Sell 12 Works as Pandemic Changes the Rules… the title of Robin Pogrebin’ article in the New York Times on 16 September after the announcement of the Brooklyn Museum’s decision to sell twelve works from its permanent collections. Faced with the crisis and despite reopening a few days earlier, the Brooklyn Museum […]

Five Covid-proof artists [22 Sep 2020]

Unsurprisingly, the Art Market posted a significant contraction in H1 2020, although less severe than in 2009. The number of lots sold at auction fell by -21% and auction turnover dropped -49%. However, the blow was definitely softened by the solutions implemented by the major auction houses to continue trading and maintain at least some […]

Flash News: Keith Haring’s collection coming up for auction – Resistance of Parisian fairs… and cancellations [18 Sep 2020]

Keith Haring’s collection coming up for auction What’s in the collection of one of the most committed New York artivists of the 1980s? Quite simply the most popular artists on the today’s market: Andy WARHOL and Jean-Michel BASQUIAT, of course, but also Roy Lichtenstein, Kenny Scharf, Futura 2000, Jenny Holzer and George Condo, all friends of […]

Nicolas Party helps resuscitate art market [15 Sep 2020]

  Ludic and colourful, the work of this Swiss artist is attracting the attention of international collectors.   Nicolas PARTY was born in Lausanne in 1980 and now lives between Brussels and New York. Exhibited by several major international galleries and museums, last year he became one of the youngest recruits at Hauser & Wirth, a […]

Flash News: Wayne Thiebaud, 100 years old… and a new record – Phillips and Poly Auction become partners – Paris, an artistic showcase [11 Sep 2020]

. Wayne Thiebaud, 100 years old… and a new record Associated with Pop Art via his paintings of pastries, boots, toys or lipstick tubes, the American artist Morton Wayne THIEBAUD will celebrate his 100th birthday on 15 November 2020. Born into a French family, his surname is still pronounced à la française. In New York, […]

Nicolas de Largilliere soon above a million? [08 Sep 2020]

“La Belle Strasbourgeoise is an emblem, a symbol, both aristocratic and popular at the same time. It is a perfect French image, almost solemn, of the nascent 18th century… free, elegant and feminine”. (Christie’s), …So ends the somewhat rapturous essay concerning the portrait by Nicolas DE LARGILLIERE (1656-1746) in the catalogue for the upcoming sale […]

Interview with Guillaume Piens, Art Paris Art Fair’s director [01 Sep 2020]

You are in close touch with the galleries… What was your reaction to the beginning of the crisis in the spring of 2020? Well, everyone, myself included, was shocked… a terrible impression of being faced with emptiness and the unknown… and of course, in our case, a deep disappointment about not being able to host […]

The New Art Fairs Calendar for September 2020 [25 Aug 2020]

In June, the prestigious Swiss Art fair Art Basel announced the outright cancellation of its 2020 edition after initially rescheduling from June to September. The news fell shortly before the summer in a press release in which the fair’s Director,Marc Spiegler, explained: “We really wanted to support the art market with a successful fair in […]

The Huge Success of Jonas Wood [18 Aug 2020]

One of the most influential and exciting artists of our time. (Dallas Museum of Art) . There’s no respite for Jonas WOOD’s market. Even in the middle of summer his work remains highly visible and in substantial demand. In the United States, England, Japan, South Korea, Germany, Italy, Hong Kong… the artist’s works are included […]

Sotheby’s and Christie’s successful damage limitation [11 Aug 2020]

In early August, Sotheby’s announced it had sold $2.5 billion worth of art and collectibles since January 2020, compared to $3.3 billion over the same period in 2019, partly thanks to the development of online sales. So far this year, Sotheby’s has hosted over 180 online sales, a figure that includes collectibles in addition to […]

Ulla Von Brandenburg occupies the Palais de Tokyo [04 Aug 2020]

The spectator’s fantasy: to cross the curtain that separates the pit from the stage and become an actor! The photographer’s fantasy: to cross the lens and find himself in the scene being captured. Via a succession of large swathes of colored fabrics, pierced by large circles, evoking both the heavy theatre curtain and the focal […]

Pop Art is still popular! [31 Jul 2020]

.. . . Yes indeed… On 10 July last, Christie’s organized its first ever major ‘worldwide’ auction, baptised ONE. Thanks to streaming technology, ONE took place via 4 consecutive sessions in Hong Kong, Paris, London and New York, and it grossed nearly $421 million in just four hours. Although none of the works sold above […]

The New Art Fairs Calendar for August 2020 [28 Jul 2020]

Although some events have managed to maintain themselves for years at the heart of the summer season, it’s not generally considered the best time for art fairs. So – given the current pandemic and resulting economic context – one could be forgiven for imagining that none of the summer ‘art’ activities would be running this […]

Chinese female artists [21 Jul 2020]

Women artists are very much in the minority in China and few manage to make a real career in art. According to an analysis of the country’s auction results, it is even more difficult to break into China’s art market for a Chinese woman than for an American artist. Only two Chinese women figure among […]

How galleries promote artists… Henry Taylor and Hauser & Wirth [17 Jul 2020]

African-American artist Henry TAYLOR is today, at 62, one of the most high-profile painters of our time and his best works fetch hundreds of thousands of dollars. Until quite recently the market didn’t seem very interested in his work. Today his prices are rocketing and, since obtaining the Robert De Niro price in 2018 for […]

Christie’s and Sotheby’s move up a gear… [16 Jul 2020]

The major auction houses have done everything within their imaginative power to end the first season of 2020 with some kind of a relaunch of the high-end market. Encouraged by the success of its “super live sale” on 29 June, Patrick Drahi’s company focused on the Hong Kong market place. Meanwhile, its rival, owned by […]

Red square on an almost red background [10 Jul 2020]

Ode to the square! Selected from our online marketplace, our favorites this week focus on a shape that is both simple and fundamental. This selection is of course a nod and a wink to Kazimir Malevich’s revolutionary White on White (1918) measuring 79.4 x 79.4 cm and visible at the MoMA in New York… a […]

Günther Förg. Painting should be sexy [07 Jul 2020]

Günther Förg  – Untitled, 2007. Acrylic/oil on canvas. (Courtesy Estate Günther Förg, Suisse, and Hauser & Wirth) “What others take for granted is a problem for us”… this rough translation from the title of a 1998 exhibition of Förg’s work (Was andern selbstverständlich, ist uns Problem) at Mönchengladbach’s Abteiberg Museum could serve as a ‘motto’ […]

The New Art Fairs Calendar for July 2020 [30 Jun 2020]

It looks like art fans and buyers used to travelling around the world to the rhythm of major international art fairs are going to have to wait quite some time before that kind of lifestyle becomes available again. In any case, it won’t be this summer. Among the 21 art fairs that were programmed for […]

Abstracts favorites [26 Jun 2020]

Gerhard Richter, Jean Miotte, Paul Jenkins, Zao Wou-Ki, Serge Poliakoff … these artists contributed to the renewal of Contemporary Abstraction and are among the most sought-after signatures on the art market. We offer a selection of works from Artprice’s online marketplace, available at the galleries Vogtle Contemporary, Serventi, Gilden’s Art and Hélène Bailly. Five works […]

Upcoming masterpieces: Picasso, Lichtenstein, Bacon… and many more [23 Jun 2020]

After months of lethargy, the high-end market is bouncing back into action with Christie’s and Sotheby’s both organising live online sales. We take a look at the offering, including several museum-worthy pieces that could well jump start a prestige market that has been almost dormant for three months. An unprecedented “global” event on 10 July […]

How to buy a work by Omar Victor Diop? [19 Jun 2020]

Omar Victor DIOP is an African artist who is attracting a lot of attention. A brilliant portrait photographer, just 40 years old, he has enjoyed remarkable success since his work was discovered at the Rencontres de Bamako art fair in 2011. Exhibited all over the world, his work seduced a wide range of collectors before […]

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