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

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For a classification of NFTs on marketplaces and in Artprice databases [25 Jan 2022]

An urgent need for greater clarity is emerging in the world of NFT platforms, which are already offering a very large number of diverse and varied products. To enhance the navigation experience, OpenSea has already organized their offer into ten categories: New, Art, Collectibles, Domain names, Music, Photography, Sports, Trading cards, Utility and Virtual Worlds, […]

Botticelli and Magritte… two masterpieces to start the art auction year in style [21 Jan 2022]

As the year’s first quarter gets underway, several major works of incomparable quality are already earmarked for public sale, and their presence is in itself an indicator of the tremendous surge of confidence currently coursing through the veins of the art auction market. This week, Artprice looks at the two masterpieces being brought to market […]

Sotheby’s in 2021… an exceptional vintage [18 Jan 2022]

In 2021, Sotheby’s opened new premises in Cologne (September) and Los Angeles (October), as well as an additional private sales pop-up gallery in Monaco, and a Metaverse; but it also enjoyed an explosion in demand, soaring prices on works by very young artists and the incredible success of NFTs, all of which generated breathtaking annual […]

Focus on Geneviève Asse [14 Jan 2022]

Geneviève Asse passed away last summer at the age of 98. Close to Samuel Beckett, Pierre Soulages and Nicolas de Staël, Geneviève Asse left us a meditative œuvre that largely explores the calming qualities of abstract paintings in a variety of shades of blue. An eminent figure on the French artistic scene, Geneviève ASSE had […]

Artprice looks back over 2021 auction highlights and the NFT phenomenon [11 Jan 2022]

The term ‘NFT’ has been elected word of the year 2021 (all languages combined) by the Collins English Dictionary. The blockchain technology supporting the existence of NFTs was officially born in 2017, but it is only in the last ten months that it has attracted the general public’s attention by inviting itself into the art […]

NFTs in museums [04 Jan 2022]

In spring 2021, the Uffizi Gallery in Florence was the first museum to venture into digital art. With the help of Cinello, an Italian company offering digital copies of masterpieces (respecting their original dimensions), the famous museum offered the first digitally encrypted and certified authentic copy of the Tondo Doni, a sublime composition from the […]

The Top 2021 German artists [28 Dec 2021]

Artprice’s fifth and final review of the strongest artists at auction by nationality looks at the top-performing German artists in 2021. This Top 10 ranking has just four names: Wassily Kandinsky, Sigmar Polke, Lucian Freud and Gerhard Richter, with the latter not only dominating the market for German artists, but also holding a Top-5 position […]

Flash news: art fairs postponed – The Guerlain Prize winners [24 Dec 2021]

A series of art fairs postponed Spring will start later than expected for art fair organizers as well as for galleries already committed to participating, often several months ahead of the originally planned dates. The ‘fifth wave’ of covid and the progression of the epidemic linked to the Omicron variant has forced art fair organizers […]

The top-selling British artists in 2021 [21 Dec 2021]

Continuing our series on top-selling artists at auction by nationality, this week Artprice looks at the year’s 10 best auction results for British artists (all creative periods combined). Peter Doig, Francis Bacon, Banksy, Lucian Freud, David Hockney and Hurvin Anderson share the British Top 10 with a clear lead from Peter Doig, who generated the […]

Yayoi Kusama: at last a female artist in the global Top 10 [17 Dec 2021]

The public and collectors all over the world are increasingly infatuated by Yayoi Kusama’s contagious polka dots which seem to have spread throughout the art market. At 92, the artist has become the very first woman in the global Top 10 artists with a best-ever annual auction total from the sale of over 700 lots […]

The top-selling American artists in 2021 [14 Dec 2021]

As the year draws to a close, we can calculate provisional conclusions about the most in-demand artists on the global auction market in 2021. After a review of the most successful French artists (French artists on top of the market!), Artprice looks at which American signatures attracted the highest bids during 2021. Four Basquiats in […]

Christie’s Paris celebrates its 20th anniversary [10 Dec 2021]

Twenty years have passed since François Curiel set up the French headquarters of Christie’s in Paris. The British company’s arrival in France was made possible in 2001 by the French government finally cancelling the royal decree prohibiting foreign competition for auctions and opening its internal market to international companies. When they arrived, Christie’s decided to […]

French artists on top of the market! [07 Dec 2021]

As the year closes, we add up and compare the market performances of the artists at auction all over the world. Our initial conclusions, in early December, indicate that 2021 is going to be one of the best-ever years for artists of French nationality (or French residence), far outstripping the overall results for artists of […]

Flash News: Miami in the NFT era – The Brafa is postponed – Historic record for Phillips [03 Dec 2021]

Art Basel Miami… in the NFT era A one-day symposium on NFTs, conferences in museums (notably with BEEPLE at the Bass Museum), special NFT offers everywhere, the chance to create your own NFTs… crypto-art has invaded Miami’s art fairs (ending December 5). Even before the official opening of the 2021 Miami Art Week, the 20th […]

Georgia O’Keeffe, last chance! [30 Nov 2021]

The Pompidou Center’s major retrospective of Georgia O’Keeffe’s work will be ending on 6 December which means there are only a few days left to discover this immense American artist in Paris. Before the exhibition closes, Artprice takes a look at her career and some key market data. The Pompidou Center exhibition opens with a […]

Our three-dimensional favorites [26 Nov 2021]

Artmarket’s teams are glad to highlight their selection of favorites among the works presented by our partner galleries on Artprice’s online marketplace. From Yayoi Kusama to Bernar Venet, this week we focus our spotlight on a selection of Contemporary sculptures among the nearly 6,000 three-dimensional works available on the Artprice marketplace. One of France’s most […]

Sotheby’s: a week at $1.1 billion! [23 Nov 2021]

Last Monday, a week after Christie’s white glove sale of the Cox Collection (including a painting by Gustave Caillebotte at a record $53 million), Sotheby’s offered part of the highly anticipated Macklowe Collection (generating $676 million!). The following day, the American auction house again made art news headlines with an extraordinary self-portrait by Frida Kahlo […]

Etel Adnan… and the success of Lebanese Artists [18 Nov 2021]

At the time of writing the following lines Etel Adnan was still among us. Unfortunately she died in Paris at the age of 96 on 14 November. We pay our respects to this master of color and light.   Born in Beirut in 1925 to a Greek mother and a Syrian father, with multiple cultural […]

Christie’s hammers $970 million in a week! [16 Nov 2021]

Last week Christie’s took $970 million from three sales and two very lively auction evenings. With 15 new auction records, 22 artists, from Van Gogh to Beeple, crossed the $10 million threshold. The whole week was animated by an augmented audience with the auctions being organized live from New York, but also from Hong Kong […]

The high end market for prints: focus on Hokusai’s Great Wave [10 Nov 2021]

Matisse and Picasso, Haring and Basquiat, Warhol, Richter and Banksy… the year’s top-selling prints have shown a distinct preference for Modern & Contemporary works over ‘historical’ works. Indeed, the appeal of the new is perfectly illustrated by the fact that the year’s highest price in this medium so far is for a work by Banksy, […]

Several young artists have dwarfed their estimates; Artprice takes a closer look [05 Nov 2021]

On 14 October 2021, just before its prestige Contemporary Art Evening Sale in London, Sotheby’s calculated the estimated value of the canvas I’ll Have What She’s Having (2020) by Flora Yukhnovich at $80,000 – $110,000. But the work finally sold for over $3 million. Nothing justifies this result 30 times higher than the estimates, if […]

Major Georg Baselitz retrospective at Pompidou Center [02 Nov 2021]

The Pompidou Center in Paris is hosting the largest Georg Baselitz retrospective ever organized in the world: six decades of creation by an essential artist. The exhibition will be open until 7 March 2022. Baselitz never liked overly ‘classical’ artists. He prefered Soutine, Picasso, Duchamp, Otto Dix or the African statues that he has collected […]

Our “pick of the week” (Photography) [29 Oct 2021]

From over 3,000 photographs presented by our partner galleries on our website (https://www.artprice.com/marketplace) this week’s selection by Artmarket’s teams focuses on a couple of Contemporary photos. The work of several artists – including that of Denis Darzacq (represented by Galerie RX), Valérie Jouve and Liu Bolin – questions the place of the individual in society. […]

Focus on Toyin Ojih Odutola [26 Oct 2021]

At 36, this artist from Nigeria is already among the most successful artists at auction, all periods of creation combined. Born in Ile-Ife, Nigeria in 1985 to a Yoruba father and an Igbo mother, Toyin Ojih Odutola was five years old when her family moved to Berkeley, California, where her father, Dr. J. Ade Odutola, […]

Flash News: Banksy’s latest record…, The rise of Flora Yukhnovich, The hottest signatures at Christie’s [22 Oct 2021]

Banksy’s latest record… In the 2020/21 period (30 June – 1 July) BANKSY accounted for 15% of the UK’s total fine art auction turnover and 7% of the global auction turnover hammered in the Contemporary art auction segment. On 14 October last, Sotheby’s London sold one of the most anticipated works of the fall season: […]

Market temperature in Hong Kong after Sotheby’s recent sales [19 Oct 2021]

In the first half of 2021 Sotheby’s posted a spectacular total of HK $1.3 billion ($167 million) from its Hong Kong Modern Art sales, a new record for Sotheby’s in Asia. Christie’s, for its part, posted a clear turnover increase on its HK fine art sales during H1 2021, with a significant evolution in the […]

Art Taipei: an interview with Oliver Chang [15 Oct 2021]

Mr. Oliver Chang, the new Director of the ART TAIPEI art fair, answers our questions about this new edition eagerly awaited by Asian collectors. Launched in 1992, ART TAIPEI is the oldest international art fair in Asia. In 28 years, it has established itself as an essential event in Southeast Asia’s cultural calendar, supported by […]

A weakened position for London ? [12 Oct 2021]

As the Hong Kong art market develops at a phenomenal pace, London is relatively less attractive than it was ten years ago. Christie’s, Sotheby’s and Phillips are now selling certain Western masterpieces – for example, by Basquiat, Still, Richter and Ghenie – in Asia rather than in London, reflecting a general shift of the global […]

Focus on Jérémy Gobé [08 Oct 2021]

  Actively involved in major art and art market events for over 30 years, Artprice also provides support to certain artists whose work it considers of vital importance. This is the case of the French artist Jérémy Gobé who focuses on the development of solutions to environmental challenges. Convinced of the value of his approach, […]

Contemporary art market: our report is now online! [05 Oct 2021]

All in all, the Contemporary Art auction market saw its global turnover contract -34% over the 2019/2020 period as it rushed to stop the hemorrhage caused by the “panic” of March 2020 and the complete stoppage of auctions. Fortunately, the subsequent organization of online sales offset the closure of galleries and auction rooms and the […]

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