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

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Ismail Isshaq… and new faces from Ghana [29 Nov 2022]

The Ghanaian art scene is attracting ever-stronger and ever-more pressing interest. The recent successes of Ghanaian artists like El Anatsui, Ibrahim Mahama and Amoako Boafo have prompted an acute international focus on the country’s art scene. Indeed, the work of those three artists would appear to have contributed to a significant erosion of the barriers […]

New York’s recent Contemporary Art sales [25 Nov 2022]

Christie’s, Sotheby’s and Phillips each hosted major Contemporary Art sessions in New York last week. Artprice looks back at the highlights. Sotheby’s: an exceptional result of $856 million The overall tally from Sotheby’s New York sales between November 14 and 18 was exceptional: Patrick Drahi’s company took a total $856 million from six sessions of […]

With ART SG, Singapore considerably strengthens its position on the global art market [22 Nov 2022]

The eagerly anticipated edition of ART SG will soon be happening and the art world will turn its attention and appetite to the city-state between 12 and 15 January, when the  world’s biggest art galleries will converge to present their selections of works at Southeast Asia’s largest ever art fair. Among the 150 galleries present, […]

Contemporary African Art: establishing a secondary market [18 Nov 2022]

Within just a decade, the number of works by Contemporary African and African-born artists in fine art auctions has tripled, as has the turnover they generate. Today, with a long period of emergence behind them, it is more a question of anchoring on the global market. Creations by Contemporary African and African-born artists are no […]

The Paul Allen Collection fetches well over a billion dollars! [15 Nov 2022]

A new page in the history of auctions has just been turned: the much anticipated dispersal of the Paul Allen Collection (co-founder with Bill Gates of Microsoft in 1975) became the first-ever private collection to take over $1 billion at auction. This latest record has come shortly after another American collection (the Macklowe Collection) totaled […]

Mondrian: D-3 [11 Nov 2022]

In a few days, on November 14, Sotheby’s will be offering an important painting by the Dutch painter Piet Mondrian, a pioneer of European abstraction. Titled Composition n°II, it dates from 1930 when the artist was living in Paris to ‘refine his style’. Considered pivotal canvases in the canons of Modern art, each appearance of […]

Lynette Yiadom-Boakye, new star of figurative painting [08 Nov 2022]

  “I learned to paint by looking at painting and I still learn by looking at painting. In this sense, history serves as a resource. But the biggest attraction for me is the power that paint can exert over time”. (interview with Hans Ulrich Obrist in Futura section of Kaleidoscope).   Born into a family […]

Fisch-Davidson’s sublime Baroque collection [04 Nov 2022]

One of the world’s largest private collections of Baroque art is about to hit the market. Sotheby’s has been chosen to disperse this unique collection, presented as the largest private collection of Baroque masterpieces assembled in the modern era. A museum-quality ensemble featuring paintings of dramatic scenes, passionate outbursts, contradictory movements, exacerbated contrasts and elaborate […]

Pierre Soulages: an artist who defied time [01 Nov 2022]

Pierre Soulages, one of France’s most respected 20th century artist, died on 26 October at the age of 102. A major figure in the Abstract art, in recent years he had acquired the status of France’s most sought-after (and most expensive) living artist. Dedication to an essential artistic project Originally from Rodez in the south […]

Our selection: abstract matter [28 Oct 2022]

Spanish, Italian, Belgian, French and Canadian artists who all – in their own ways – reconciled dense artistic transformations of matter with strong inclinations towards abstraction. Miquel Barcelo, Antoni Tapies, Lucio Fontana, Bram Bogart, Pierre Alechinsky, Agostino Bonalumi and Jean-Paul Riopelle are among the most important names in the field of Abstract art from the […]

Hyper-inflation on African artists: e.g. Aboudia [25 Oct 2022]

The young African scene has become one of the art market’s strongest growth levers. Aboudia Diarrassouba is one of the latest signatures to attract a rush of international collectors. In the past five years, the global art auction market has flung its doors open to African artists, and, after a particularly ‘urgent’ inflation, works by […]

Artprice by Artmarket congratulates Mimosa Echard, winner of the 2022 Marcel Duchamp Prize [21 Oct 2022]

Against the backdrop of the French capital’s growing appeal for the international art market (a number of major international galleries have opened branches, Bonhams has taken over the Parisian auction house Cornette de Saint Cyr, the first edition Paris+ art by Art Basel is about to open…), the Marcel Duchamp Prize is gaining in prestige. […]

Gérard Garouste at the Pompidou Center [18 Oct 2022]

“It’s not so important that people know the stories my paintings evoke. They must feel free… allow themselves to be surprised or even shocked. On the other hand, I personally need these subjects, I question them, I work them like the words of an unknown language until they allow me to paint…” – Gérard Garouste, […]

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, […]

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 […]

Art enters the Metaverse [09 Aug 2022]

Nothing will ever replace the unique experience of admiring an artwork in a museum, but that does not diminish the value of seeing art in books or on the internet. Sometimes museums have to close their doors for several days or even for several months and, in any case, there are millions of artworks that […]

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 […]

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