ArtMarket® Insight - what's trending on the art market
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Hockney, 10th best-selling artist in the world in 2023 [15 Sep 2023]
Demand for David Hockney’s work is growing rapidly and his price index has risen by 562% since the start of the millennium. On 21 September Phillips in London will be hosting another auction entirely dedicated to the work of British artist David HOCKNEY following a first sale that generated more than GBP 6.6 million (±$8.2 […]
Botero in 100 top-selling artists… [12 Sep 2023]
Botero in 100 top-selling artists… You would be hard-pressed to find a LatAm Art sale that does not include a work by Colombian artist Fernando BOTERO, and on 9 March last, Christie’s presented no less than 10 Botero works out of a total of 48 lots. Botero’s immediately identifiable works have become both iconic and […]
Treasures in the Christie’s pipeline: the Samuel Josefowitz collection could take $80 million [08 Sep 2023]
The dispersion of Samuel Josefowitz’s collection is the highlight of Christie’s fall sales. Christie’s will be hosting several sales this fall to disperse the collection of Samuel Josefowitz, an immense art enthusiast who died in 2015. The sales include rare works that have never been auctioned, a number of Nabis works and others from the […]
Hokusai: The Great Wave… and beyond [05 Sep 2023]
“When I’m a hundred years old, I’ll draw a line and that will be life.” (Katsushika Hokusai) HOKUSAI died at the age of 89, unable to achieve his goal of tracing life itself by drawing a line. The “Crazy Old Drawer” – as he often described himself – left behind a prolific œuvre of 30,000 […]
Michaela Yearwood-Dan: a new star is born… [01 Sep 2023]
A stranger to the auction market two years ago, Michaela Yearwood-Dan has joined the 500 most successful artists in the global auction market this year. We take a quick look at her ascent. Since the beginning of 2023, works by Michaela YEARWOOD-DAN (1994) have already generated two million dollars at auctions. Two million for seven […]
Frieze Seoul is back [29 Aug 2023]
Frieze Seoul is back After the traditional summer break, art market activity is resuming first in Asia with the imminent opening of the Frieze and the Kiaf in Seoul. We take this opportunity to draw up a mini-inventory of Korea’s local art auction market, which has enjoyed a number of peaks… and troughs. Kiaf Seoul, […]
Black portraits are still selling well [22 Aug 2023]
Enthusiasm for black portraits is still one of the clear trends in the art market and the auction houses are liberally dosing their catalogs with this highly fashionable figurative genre. Artprice by Artmarket takes a look at the artists who are currently experiencing the highest demand in this field. It is now about ten years […]
Cecily Brown – the year’s top-selling contemporary artist [15 Aug 2023]
Auction sales of works by British artist Cecily Brown have been particularly dynamic this year, substantially boosted by the MET’s exhibition of her work in New York. With eight paintings already sold for 7-digit prices since January, 2023 promises to be a memorable year for this major artist. Born in London in 1969 in London, […]
Contemporary African art: discovering the work of Emmanuel Taku and Rufai Zakari [08 Aug 2023]
Emmanuel Taku… first beneficiary of the Noldor residency Emmanuel TAKU paints black bodies with “potent reverence” by using the vocabulary of fashion magazines and classical Western statuary to paint black characters in confident and striking poses. Endowed with a supernatural quality, the men and women appear like the demi-gods of a metaphorical temple which – […]
Focus on Sam Francis and his ‘abstract fusions’ [01 Aug 2023]
In November 2022, a predominantly blue canvas by Sam Francis doubled its high estimate at Christie’s to set a new auction record for the artist at $13.5 million. The work (Composition in Blue and Black, 1955) has all the hallmarks of Francis’s artistic preoccupations with the shimmering color and light inspired by reflections observed on […]
Léonor Fini returning to the limelight [25 Jul 2023]
At a time when collectors favor figurative art with a Surrealist tendency and when women artists are the focus of all attention, the work of Leonor Fini is being rediscovered in all its originality and power. Self-taught, Leonor Fini paved her own way by working tirelessly. She also frequented some of the greatest thinkers and […]
Slowdown on the UK art market [18 Jul 2023]
Continuing our series reviewing the world’s major art marketplaces over the first half of this year and having already looked at the United States, France and Germany, Artprice by Artmarket turns its attention this week to the UK, the third largest art marketplace in the world. Like France and to a lesser extent America, the […]
A new fair to support the Tokyo market [11 Jul 2023]
Tokyo Gendai, a new art market rendez-vous! The first international art fair in Tokyo Bay for over 30 years! From 7 to 9 July 2023, the Pacifico Yokohama will host 74 leading galleries from Japan, Asia-Pacific, Europe and the United States. Among the participants at this first edition, a number of prestigious international galleries including […]
Van Gogh: market success in recent years [07 Jul 2023]
Vincent VAN GOGH (1853-1890)’s work has been in the news in recent years on a number of fronts including auction sales with ultra-high estimates, museum exhibitions and even newspapers headlines (in October 2022 two young climate activists threw the contents of two cans of tinned food at his Sunflowers (1888) at London’s National Gallery). In […]
The auction market adopts textile works [04 Jul 2023]
Weaving, embroidery and knitting are gradually emerging from artistic prejudice. Over the years, with the recurring presence of textile works in museum exhibitions, biennials and international art fairs, collectors have come to terms with this practice once considered too “traditional”, too artisanal, or too linked to the domestic sphere (especially in Western culture) to be […]
Gustav Klimt, a Viennese artist who ignites passions [30 Jun 2023]
A Klimt painting was one of the six lots that sold above $100 million last year. A look back at the story of a birch forest that has become one of the most popular landscapes in the world and of an immense artist who continues to fascinate auctions, including this year! On 27 June in […]
The rise of the German art market [27 Jun 2023]
After reviewing the state of the art market in France and in the United States, Artprice by Artmarket takes a look at the condition of the German art market, the world’s fifth largest by national art auction turnover. In view of recent strong results, Germany’s high-end art market seems to be gathering momentum. The number […]
What’s coming in July? [23 Jun 2023]
Before the art market’s traditional summer recess, the major auction houses plan to end their seasons in style. Here is a selection of the most anticipated sales and works during the month of July, from Singapore to London. 2 July – Sotheby’s lays deeper roots in Singapore In August 2022, Sotheby’s made what it called […]
Focus on Barkley L. Hendricks [20 Jun 2023]
The extraordinary breakthrough of Barkley L. HENDRICKS on the auction market is emblematic of the importance finally granted to the ‘black portrait’ Few collectors were chasing works by Barkley L. Hendricks ten years ago. Today, the artist is a must in the biggest American collections and auction sales. The recent and strong revaluation of his […]
An exceptional print by Albrecht Dürer on sale in Paris [16 Jun 2023]
Extremely rare on the international art market, a superb third-state print of Albrecht Dürer’s Adam and Eve is about to hit the Parisian auction market. A first for decades for the French art market. Estimated between $130,000 and $160,000, the Bible’s ‘first couple’ engraved by DÜRER’s goldsmith hands will be offered on 23 June by […]
The American art market is holding up well [13 Jun 2023]
After our overview of the French art market (see our article French art market: end of the post-covid rebound effect) which notes a sharp contraction in auction turnover at the leading art auctioneers since the beginning of the year (-38% for Christie’s France and -68% for Artcurial), Artprice by Artmarket takes a quick look at […]
Jaune Quick-to-See Smith [09 Jun 2023]
An auction record hammered at $642,600 last November, five times the high estimate and four canvases sold at over $400,000 each since the start of 2023: Jaune Quick-to-See Smith – absent from Artprice’s market rankings just a few years ago – now finds herself among the 300 most successful artists in the world in 2023. […]
Art market in France: the end of the post-covid rebound effect? [06 Jun 2023]
Is the French art market losing ground? This is the question we can ask after a sharp decline in French art auction turnover in the first part of this year, compared with the results obtained in the same period last year. In the semester of 2022, the French art market was boosted by some exceptional […]
Milton Clark Avery, 20th century American art’s forgotten precursor [02 Jun 2023]
Recognized for his figurative and intimate works, and later for works whose abstraction inspired Mark Rothko’s and Adolph Gottlieb’s Expressionism, Milton Clark AVERY (1885-1965) was a close friend of the giants of 20th century American art. Indeed their long weekly conversations contributed to the birth of the New York School and the blossoming of American […]
Review of Christie’s and Sotheby’s recent New York sales [30 May 2023]
The month of May is traditionally one of the most important periods of the year for the global art auction market, with Christie’s and Sotheby’s New York sales offering the very best 20th and 21st century art they can find. This year, the two world-leading auction houses generated over 1.7 billion US dollars in a […]
The pioneers of Vietnamese Modern Art are attracting strong demand [23 May 2023]
Over the last six years, since the first-ever 7-digit auction result for a work by a Vietnamese artist, the annual global auction turnover on works by Vietnamese artists first doubled, then almost tripled with a sharp acceleration in the number of auction records hammered over the past two years. Secondary market demand has been strong […]
A solid but still uncrowned Art Market after Christie’s first spring results in New York [16 May 2023]
With no ‘absolute masterpieces’ on offer, there were no ‘mega’ results in Christie’s first major prestige New York sale of 2023. Lots of works fetched over $10 million on May 11, but none crossed the threshold of $50 million. Indeed last year’s peak at the same sale when Andy Warhol’s Shot Sage Blue Marilyn […]
Taipei Dangdai and Frieze New York Fairs [12 May 2023]
Certain collectors will be moving around the globe in May with two leading art fairs almost back to back at opposite ends of the planet: the Taipei Dangdai in Taiwan, and the Frieze in New York. We take a quick look at some of the things you can expect to see at the young Asian […]
Christie’s New York: quick overview of their May masterpieces [09 May 2023]
The world’s leading art auction house has announced a series of exceptional sales for the month of May, including Modern and Contemporary art from major private collections. Under the title Christie’s 20/21 Century, Christie’s May sales in New York will bring together works spanning a whole century of art from the Sandra and Gerald Fineberg […]
Sotheby’s upcoming New York sales in May: a quick look at some of the most anticipated masterpieces [05 May 2023]
In ten days New York’s spring prestige sales will begin, one of the major highlights of the global art market calendar. We highlight a small selection of masterpieces that Sotheby’s will be offering. A canvas from Magritte’s famous series L’Empire des lumières (The Empire of Lights) with a high estimate of $55 million; Gauguin’s Nature […]
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