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

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ArtMarket® Insight contents

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 […]

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 […]

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 […]

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 […]

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), […]

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 […]

Robert Combas – ascension of one of France’s enfant terrible painters [23 Jul 2019]

A leading light of the French ‘Figuration libre’ movement, Robert Combas began his artistic adventure in the Mediterranean coastal town of Sète in the 1970s. Forty years later, his latest auction record has confirmed him as one of the primary representatives of French painting on the Contemporary Art Market. Born in Lyon in 1957, Robert […]

Expressionism au féminin [16 Jul 2019]

Less famous than Jackson Pollock or Mark Rothko, women artists like Joan Mitchell and Helen Frankenthaler made major contributions to American Abstract Expressionism. Their work is currently enjoying a significant revaluation on the art market. Who are the most sought-after (and the most expensive) American artists on the market? Names like Warhol and Basquiat immediately […]

Artprice.com is changing its name to Artmarket.com to become a global player in the Art Market [10 Jul 2019]

thierry Ehrmann: “Artprice recently celebrated its 20th anniversary. It took twenty years to establish Artprice as the Global Leader in Art Market Information, its declared ambition in its 1999 IPO prospectus.” Today, Artprice is unanimously recognized by press agencies, the media (printed and audio-visual), the financial sector, art market professionals, museums and States around the […]

Francis Bacon at the Pompidou Centre: the big autumn event in Paris [09 Jul 2019]

Due to open on 11 September 2019, the Pompidou Centre has all summer to prepare one of the most anticipated exhibitions of the autumn: Francis BACON (1909-1992). A very singular creator (as his great friend Michel Leiris so aptly wrote, “Bacon painted the scream rather than the horror”), Francis Bacon is one of the most […]

Flash News: Wols “the mysterious” at Sotheby’s – Cindy Sherman in London [05 Jul 2019]

Wols “the mysterious” at Sotheby’s Among the 42 lots in Sotheby’s London sale of Post-War & Contemporary Art on 26 June last, there was a painting by Otto WOLS (1913-1951) titled Vert Strié Noir Rouge (Green Stripe Black Red) (1946-47). Little is known about this German artist who worked in France and who died at […]

The “Toulouse Caravaggio” acquired privately! [02 Jul 2019]

The public sale was scheduled for Thursday, 27 June at 18:00, Toulouse time. According to the Sale Conditions, anyone interested in acquiring the painting had to”register as a bidder at least 15 days before the sale.” As thierry Ehrmann explains, that meant that since 13 June at the very least, all the potential bidders were […]

Top 10 beach scenes [28 Jun 2019]

As the summer season kicks in, Artprice takes a look at the Top 10 most-expensive beach paintings. Some of the art market’s most famous artists painted beach scenes… and some of these works are particularly appreciated by collectors. These week’s auction ranking takes a look at the market’s Top 10 most expensive beach scenes. At […]

Sotheby’s dominates London’s sales [25 Jun 2019]

With a total of $125.5 million from 23 Impressionist & Modern Art lots on 19 June, Sotheby’s dwarfed its competition last week; Christie’s Imp-Mod total amounted to just $45.8 million.   Christie’s kicked off London’s June sales of Impressionist & Modern Art with a disappointing total (18 June). The world’s leading auction firm generated $45.8 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 – […]

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 […]

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 […]

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 […]

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 […]

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 […]

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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