ArtMarket® Insight - what's trending on the art market
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ArtMarket® Insight contents
The auction duopoly under pressure [30 Aug 2010]
The art market recovered its momentum in the first half of 2010: + 71% in auction revenue from Fine Art alone! This fact has been quickly seized by the auction houses who are now predicting annual growth in 3 figures in order to reassure a still hesitant market.
Overview of the art auction market during the first half of 2010 [23 Aug 2010]
At the end of the first half of 2010, global auction revenue from fine art amounted to €2.9 billion. This figure is indeed €800m short of the peak of the first semester of 2007 (€3.7billion), but it is up €1.2 billion versus first semester 2009.
The 10 best results on the London art market in 2010 [19 Aug 2010]
Every fortnight Artprice provides you with a new or updated ranking in its Alternate-Friday Top Series. The theme of today’s TOP article is the 10 best auction results in London this year.
Design: the return of wood [16 Aug 2010]
At auctions, collectors of top-end design are showing a distinct penchant for highly decorative furniture produced in very limited editions, or even unique pieces.
Nicolas De Staël [09 Aug 2010]
For the second time in fifteen years, the Swiss Pierre Gianadda Foundation has put on a major retrospective exhibition of the painter Nicolas de Staël (18 June – 21 November 2010).
Top 10 auction results of Turner Prize winners [05 Aug 2010]
Every fortnight Artprice provides you with a new or updated ranking in its Alternate-Friday Top Series. The theme of today’s TOP article is the Top 10 auction results generated by Turner Prize winners.
Australian art market momentum [02 Aug 2010]
Although confined to a marketplace consisting of Sydney and Melbourne, the demand for modern and contemporary Australian art is surprisingly dynamic. In fact, the auction price indices of the country’s top artists have been very buoyant, particularly since 2007.
Contemporary Russian Art [26 Jul 2010]
Although contemporary Russian artists have not yet generated the exceptional prices that artists like Damien HIRST or Jeff KOONS command, they nevertheless represent a dynamic market that is ready for broader international exposure.
The top 10 best auction results for Photography [22 Jul 2010]
Every fortnight Artprice provides you with a new or updated ranking in its Alternate-Friday Top Series.The theme of today’s TOP article is the Top 10 auction results recorded in photography.
AMCI: taking the pulse of the art market … [19 Jul 2010]
The health of the art market is substantially correlated to that of the global economy. However, in order to obtain a more accurate picture of the market’s mood and to provide a real-time indicator of its trends, Artprice launched its art market confidence indicator (AMCI) at the start of 2008.
2010: the best results from Old Masters [12 Jul 2010]
The price index for Old Masters reached its peak of the decade in October 2008. Thus, like a number of other art segments, it benefited from the auction room euphoria that developed between 2004 and 2008 and then suffered from the meltdown as the economic crisis chased confidence out of the market. However, since the end of 2009 the major works withheld from auctions when the market was weak have started to return.
Sculpture: top 10 auction results [08 Jul 2010]
Every fortnight Artprice provides you with a new or updated ranking in its Alternate-Friday Top Series.The theme of today’s TOP article is the Top 10 auction results recorded in sculpture.
June 2010: major sales in London … and in Paris! [05 Jul 2010]
The major London sales during June were stacked full of high quality works: an ultra-rare Manet self-portrait, a Fauvist work by André Derain with an extraordinary background and an absinthe drinker from Picasso’s ‘Blue Period’ – the results could not fail to better the previous years’ totals.
Gérard Garouste: painting between madness and the quest for knowledge [28 Jun 2010]
Gérard GAROUSTE is one of those artists who appears to have resisted the ebb and flow of artistic fashions and intellectual trends by continuing to express himself through ‘traditional’ painting.
Video art: Top 10 auction results [24 Jun 2010]
Every fortnight Artprice provides you with a new or updated ranking in its Alternate-Friday Top Series.The theme of today’s TOP article is the Top 10 auction results recorded in video art.
The Paris art auction market [21 Jun 2010]
Traditionally London and New York host the so-called ‘prestige’ sales that generate the world’s most spectacular art auction results whereas 89% of the art auction lots sold in France fetch less than $10,000. Nevertheless, from time to time some impressionist, modern and contemporary works offered at French sales generate results on a par with Anglo-American results.
Artprice Becomes the ‘Killer Application’ for Apple’s iPad in the Art World [14 Jun 2010]
Artprice, the world leader in art market information, has launched a series of Apple’s iPad(R) services (mostly pay-services) for its 1.3 million members and anyone who owns an iPad throughout the world.
May 2010: Top 10 auction results [11 Jun 2010]
Every other Friday, Artprice publishes a ranking of auction records. This week, discover the highest prices recorded in May 2010.
Louise Bourgeois – Redemption through art [07 Jun 2010]
The life of Louise BOURGEOIS was rich with 70 years of creativity. The artist, who died aged 98 on 31 May 2010, was consulted by young artists in her New York studio up until her last years. French by birth, Louise Bourgeois obtained legitimate recognition in the United States where she lived and worked for forty years.
Photography sales in May [01 Jun 2010]
April-May and , October-November are the key periods for the photo market in London, Paris and New York. In 2008, the strong increase in both demand and prices considerably accelerated the frequency of photography auctions.
African art in New York [21 May 2010]
Phillips de Pury & Company’s New York Africa sale on 15 May 2010 confirmed the rising price trend for African art and not just for the internationally recognized headline artists whose works already enjoy “global” demand. However, with total income from the sale at $1.1m and a bought-in rate of 38.4%, the sale was only partially successful, even in the less than $10,000 price bracket.
Return of market effervescence [17 May 2010]
With a large number of major collectors clearly back in acquisitive mode, the results of the big sales in New York during May amply covered the price expectations and were a far cry from those posted in May 2009.
Peter Doig – An invitation to travel [10 May 2010]
Nature, as seen by Peter Doig, is an invitation to enter the mirror. On the other side, a journey through the subconscious… The collector Charles Saatchi, known to the public for his promotion of morbid works by the Young British Artists, is also an owner of Doig’s chimerical paintings, which resulted in an immediate escalation of the artist’s price index.
Christie’s and Sotheby’s anticipate price increases [03 May 2010]
For their Contemporary Art sales on 11 and 12 May 2010, Christie’s and Sotheby’s are betting on high prices for masterpieces signed Warhol, Klein and Rothko. But above all, the catalogues contain a number of major works that the crisis has withheld from the market.
May auction sales: the ascent continues… [26 Apr 2010]
The recovery in art prices is accelerating. At least, that is judging by the ambitious estimates announced by the major auction houses for their forthcoming Impressionist and Modern Art sales on 4 and 5 May 2010.
The dynamism of kinetic art [19 Apr 2010]
Kinetic art goes back a long way. Its origins – from a multitude of groups and movements – go back to the 1910s and 1920s, an era highly impregnated by the cult of progress and the myth of the machine. Europe, the United States and Latin America were the main cradles for the development of an abstract language that eschewed static art and sought to emulate or trigger movement, whether real or virtual.
Russian art: a tidal wave in April [12 Apr 2010]
Between 2005 and 2008 the number of Russian artists generating 7-figure USD sums at auctions dramatically increased as wealthy collectors exercised a new appetite for a body of work that was relatively cheap compared with the stratospheric prices being fetched by European art. In price terms, the primary beneficiary of this new focus on Russian art during the last decade was 19th century Russian art.
Ahead of the May sales [06 Apr 2010]
Ahead of the major Impressionist, Modern and Contemporary art sales in May, collectors have been making their annual pilgrimages to art fairs around the world. During March and April, those interested in Contemporary art have been particularly attracted to the Armory Show, Art Paris, Art Tokyo, Art Brussels, Cige, etc.
Street Art is à la mode [30 Mar 2010]
Born on the streets of New York in the 1960s and incarnating rebelliousness and non-conformity, tags, graffiti and stencils have found their way into galleries, auction rooms and collections. Today, street art is clearly fashionable having earned its stars in numerous exhibitions at venerable institutions like the Tate Modern in London (Street art, 23 May – 25 August 2008) and the Grand Palais of Paris (Tag, 27 March – 26 April 2009).
The price of drawings [22 Mar 2010]
The 4th edition of the Contemporary Drawing Fair of Paris, from 25 to 28 March 2010, is the ideal opportunity to take the pulse of the ninth art… how well has it survived the crisis? Which segments and artists are doing the best today?
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