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

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ArtMarket® Insight contents

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Stability: the new market standard? [18 Nov 2019]

Following their Impressionist & Modern Art sales last week, Christie’s and Sotheby’s Contemporary Art sessions generated a combined total of $595.8 million, down 11% on last year’s total, but still reflecting a remarkably buoyant market. After New York’s latest round of major Contemporary Art sales, an article in the New York Times suggests that stability […]

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New York’s Impressionist & Modern sales post turnover down 32% on 2018 [15 Nov 2019]

Impressionist & Modern masterpieces are still fetching high prices with a new record for Umberto Boccioni and a strong result at nearly $20 million for a work by Gustave Caillebotte… but there weren’t any really big-ticket trophies. Christie’s and Sotheby’s prestige sales kicked off on 11 November with, as usual, two Imp/Mod catalogues containing roughly […]

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Art Düsseldorf by Walter Gehlen [12 Nov 2019]

With Art Düsseldorf opening on 15 November, its director Walter Gehlen discusses the strategy underpinning the success of this young German fair with Art Market Insight. Walter Gehlen, Director of the Art Düsseldorf. Copyright: Oliver Tjaden Can you give us a rough outline of the key steps in your career that have led to you […]

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Lucian Freud by Lucian Freud [08 Nov 2019]

When asked if he thought he was a good model for his own work, Freud replied “No, I don’t accept the information that I get when I look at myself, that’s where the trouble starts.” Lucian FREUD (1922-2011) – one of the world’s greatest Post-War portrait painters – changed the way we look at anatomy… […]

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Excitement when the market discovers old treasures… [05 Nov 2019]

On 27 October an auction house in the Oise region north of Paris hosted an event that sent ripples throughout the art world: the offer of a rare and newly-discovered Cimabue painting. The result represents a new world auction record for a ‘Primitive Christian’ painting. Behind the public sale of this small wood panel depicting […]

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Shanghai brimming with art… [01 Nov 2019]

Shanghai is a superb artistic destination this November with – among other events– the inauguration of the Shanghai branch of the Pompidou Center… a Pierre Soulages exhibition at the city’s Perrotin Gallery… Zhou Chunya at the Long Museum… and the prestigious West Bund Art & Design Fair (7-10 November). Image Courtesy of West Bund Art […]

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The new MoMA: bigger… more rotation… and greater diversification [29 Oct 2019]

One of the world’s most important artistic institutions, the MoMA, came into being at the end of the 1920s after a small group of rich New York benefactors, the famous Daring Ladies (Lillie Bliss, Mary Quinn Sullivan and Abby Aldrich Rockefeller), made an initial gift of eight prints and a drawing… almost nothing. Nevertheless that […]

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Christie’s and Sotheby’s kick off Paris sales [25 Oct 2019]

Now well established in the Parisian sales calendar, Christie’s and Sotheby’s both took advantage of the FIAC’s power of attraction with international collectors to organize, during the same week, their Impressionist & Modern Art sessions in Paris, offering catalogues that celebrate the influence of the French avant-garde. For the past four years, Christie’s has presented […]

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Anselm Kiefer: success from Lyon to Beijing [22 Oct 2019]

There is plenty to see by German artist Anselm Kiefer at the Lyon Biennale. Having lived and worked in France since 1993, Kiefer is particularly appreciated in his country of adoption and has received numerous French awards for his work over the years. His work has been the subject of major exhibitions, including Monumenta at […]

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Flash News: $12.2m for Banksy – New records at Christie’s – Nara, Japan’s most expensive living artist [18 Oct 2019]

As Artprice by Art Market has just released it Annual Contemporary Art Market Report, we take a look at the first auction records of the new season. $12.2 million for Banksy’s political parody  Devolved Parliament is a huge painting (250 x 420 cm) completed 10 years ago, the biggest known canvas by Britain’s most popular living […]

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Boltanski in the “recomposed past” [15 Oct 2019]

  Signs reading “START” at the entrance to the exhibition and “FINISH” at the exit somewhat enigmatically suggest that visitors should experience the show as a voyage from one place to another (possibly, even, from birth to death… also suggested by the show’s title “Faire son temps”). Gallery 1 of the Pompidou Center in Paris […]

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The Gagosian’s grand projects for the late Simon Hantaï (1922-2008) [14 Oct 2019]

Yesterday, 13 October 2019, the Gagosian Gallery inaugurated in its wide space at Le Bourget, on the outskirts of Paris, a first exhibition dedicated to Simon HANTAÏ, whose estate the international gallery now represents worldwide. Titled LES NOIRS DU BLANC, LES BLANCS DU NOIR, the exhibition focuses on canvases and prints made between 1969 and 1997, […]

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Flash News : Munich: Paper Positions expands and Highlights celebrates 10 years – Olafur ELIASSON at the Tate Modern [11 Oct 2019]

Munich: Paper Positions expands and Highlights celebrates 10 years The first edition of the new POSITIONS Munich Art Fair will be held from 17 to 20 October 2019 at Reithalle Munich. Victim of its success, the fair has expanded to include works of Modern and Contemporary Art (all mediums combined) and a smaller section will […]

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The Contemporary Art Market Report 2019 [07 Oct 2019]

The Contemporary Art Market Report 2019 Editorial by thierry Ehrmann, Founder/CEO of Artprice by Art Market In commercial terms, the trade in Contemporary artworks is today a veritable market within a market. Our 21st Contemporary Art Market Report focuses on the over 70,000 Contemporary works now bought and sold annually at auctions around the world. […]

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Flash News: Cimabue discovery – Zao Wou Ki and Sanyu masterpieces – A major de Staël to be offered [04 Oct 2019]

Extraordinary Cimabue discovery… “Proud as the century in which he lived, he (Cimabue) perfectly depicted the faces of the people that populate his works, especially those of the elderly, portraying them in a strong and sublime manner that later artists were unable to capture”. (L. Lanzi, Storia pittorica della Italia). CIMABUE (c.1240/50-c.1302) on sale at […]

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Frieze London week [01 Oct 2019]

The first major international art fair of the season, Frieze London opens this week in Regent’s Park. More than 50,000 visitors are expected from 3 to 6 October in London for this 17th edition, mixing the most promising galleries with the most famous dealers, including Tanya Bonakdar, Sadie Coles, Hauser & Wirth, Gagosian, Blum & […]

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Flash News: The “last” Botticelli – Jérémy Gobé & Andrea Mastrovito at the Bullukian Foundation – Degas at the Opera [27 Sep 2019]

The “last” Botticelli A painting by Sandro BOTTICELLI (1445-1510) belonging to the Guardans-Cambó family of Barcelona and declared “an asset of cultural interest” in 1988 will leave Spain to be sold by the Trinity Fine Art Gallery during the Frieze Masters (4-6 October). According to the London gallery responsible for its sale, the portrait was […]

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Sam Szafran’s unclassifiable work [24 Sep 2019]

Sam SZAFRAN died on Saturday, 14 September 2019 at the age of 84. Born in Paris in 1934 to Polish-Jewish parents, he was one of the most important but least known French artists of his generation. Painter, drawer, pastellist, engraver, he described himself as “lucky” having escaped the mass arrest of Parisian Jews (Vél d’Hiv) in […]

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Flash News: Peter Lindbergh – Antony Gormley at the Royal Academy – A work by Daniel Buren vandalised [20 Sep 2019]

Phographer Peter Lindbergh (1944 – 2019) The German photographer Peter LINDBERGH – who died aged 74 on 3 September last – was among those – like Richard AVEDON and Helmut NEWTON – who made an impact on the history of images. A true master of his art, he forever changed the evolution of fashion photography and […]

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Tribute to Vladimir Velickovic [17 Sep 2019]

Vladimir Velickovic, who died of a heart attack on August 29, had just reached a new price level on the auction market and was preparing a major exhibition in France. Considered the most important Serbian painter of our time, Vladimir VELICKOVIC was also a significant figure in French painting as both countries contributed much to […]

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Flash News: El Greco – Pandolfini masterpieces – Da Vinci at the Louvre [13 Sep 2019]

A major El Greco exhibition Grand Palais, Paris: 16 October 2019 – 10 February 2020 Spectacular, colorful and sensual, the paintings of El Greco (Domenikos EL GRECO, 1541-1614) represent – according to Charlotte Chastel-Rousseau, curator of Spanish and Portuguese painting at the Louvre Museum – the “final bloom” of the Renaissance. And yet, neither the […]

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15th Lyon Contemporary Art Biennale… in 8 days! [10 Sep 2019]

This year the Lyon Biennale will be centered on the old Fagor factories in the Gerland district for the first time. Scheduled to open on 18 September and close on 5 January 2020, the Biennale has been titled “Where Water Comes Together With Other Water”, a reference to the geographical location of Lyon (confluence of […]

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Takis the magician – The Eileen and I.M. Pei collection – Bouguereau for sale in Lyon [06 Sep 2019]

Takis the magician (1925-2019) The art world lost two of its most illustrious representatives this summer: Carlos CRUZ-DIEZ (1923-2019) and then Vassilakis TAKIS (1925-2019)  who died at the age of 93. A nail floating motionless in space; a cylinder and a ball that seem to dance to the sound of a dreamlike music… works that seem to […]

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The gender (im)balance in the art world: key figures [03 Sep 2019]

In the fast-evolving segment of the Contemporary Art market, the relative value of works by female artists vs. male artists is growing rapidly. Several important women artists recently refreshed their personal auction records, including Lee Krasner (The Eye Is the First Circle, $11.6 million, at Sothebys on 16 May 2019) and Louise Bourgeois (Spider, $32 […]

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Competition over Banksy – POSITIONS Berlin Art Fair [30 Aug 2019]

Christie’s and Sotheby’s competing for Banksy The world’s two most powerful auction companies are now clearly surfing the banksymania wave! In the coming autumn season, each firm will be organizing an online sale dedicated to the art world’s most famous anonymous person, a year after the theatrical self-destruction stunt involving his Girl With Balloon getting half-shredded […]

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The Zwirner Gallery in Paris, with Raymond Pettibon [27 Aug 2019]

France generates around 2% of global secondary market turnover on Contemporary Art. That’s not much… but the French capital has lots of cultural assets which attract a constant stream of international tourists and collectors, as well as some major international galleries. The Thaddaeus Ropac gallery – already present in Salzburg and London – has now […]

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Banksymania [20 Aug 2019]

The most famous ‘street art graffiti artist’ of our era… and the British public’s favourite living artist… Banksy’s popularity has been confirmed on the Art Market.   According to a YouGov poll, the British prefer BANKSY to Picasso. The Street Art supremo has been named as Britain’s fourth favourite artist in art history… after Leonardo […]

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Luc Tuymans… without appearing to be [13 Aug 2019]

Luc Tuymans is enjoying good visibility this summer with a major exhibition at François Pinault’s Venetian Palace and his market has already reacted, bringing him into the top 100 most successful artists on the global secondary market. Although Luc TUYMANS’ starting point is often some kind of traumatic memory, he refuses to draw on easily […]

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Semi-annual Art Market Report (H1 2019) [06 Aug 2019]

Risks and strategies on the secondary art market – the balance of supply and demand – the profitability of investment in works by the market’s leading artists – the rapid development of Hong Kong – and the mid- and long-term outlook… With the collaboration of its Chinese State partner AMMA (Art Market Monitor of Artron), […]

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New Perspectives for South African Artists [30 Jul 2019]

In auction terms, the bulk of the African art market is focused on the continent’s southern tip in Cape Town and Johannesburg via local sales companies such as Aspire Art Auction, Stephan Welz & Co., Strauss & Co. and Russell Kaplan Auctioneers. Although there is talk of a “boom” in activity, it is worth remembering […]

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