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

Artprice's Latest Report

ArtMarket® Insight contents

0103 27 01 01

René Magritte [10 Feb 2003]

Prices for René Magritte’s works have been on an unbroken uptrend for the last thirty years. On the back of this rally, L’Empire des Lumières took the market by storm last year

0103 27 01 01

Amedeo Modigliani [05 Feb 2003]

Amedeo Modigliani had a keen instinct for public taste. Most of the Modigliani pieces that come onto the market are post-1910 drawings and paintings.

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TOP 1000 artists who beat their own records in 2002 [04 Feb 2003]

14 000 artists hit their price records in 2002 An Artprice exclusive survey:the TOP 1,000 artists that hit their records out of a total of 14,000.

0103 27 01 01

Picasso: ceramics [02 Feb 2003]

Picasso is one of the 20th century’s leading ceramic artists, with almost 2,000 originals and over 600 limited-edition ceramic series by Madoura. His ceramics usually exceed his global price indices and are climbing all the time!

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Record for Andrea Mantegna and bought-ins for Peter Paul Rubens [30 Jan 2003]

Andrea Mantegna: USD25.5 million! Two Peter Paul Rubens bought in. This was how the year started at Sotheby’s New York.

0103 27 01 01

Miquel Barceló (1957) [29 Jan 2003]

The precocious Miquel Barceló has already conquered the auction market with his taste for mixing materials

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2003 will be Surreal [22 Jan 2003]

After breathtaking price rises at the end of the nineties, can Surrealism still inspire dreams? With another outstanding auction at Christie’s due to take place on 3 February and André Breton’s personal collection coming up for sale in April, Artprice brings you an update of the latest market trends.

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German expressionism back under the spotlight. [21 Jan 2003]

Works by the Die Brücke and Der Blau Reiter groups have been spiralling in price since 1999 (up 25% over the year). After four years of steady increase, from a base of 100 in 1997 the price index for Expressionist works is now 28 points higher than the Artprice Global Index.. In these hard-to-better market conditions, Christie’s is now organising its tenth auction of German and Austrian Art.

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Gustav Klimt: Austrian landscapes celebrated [07 Jan 2003]

The Osterreichische Galerie Belvedere’s “Gustav Klimt — landscape” is the first exhibition exclusively devoted to this aspect of Klimt’s work. These light-filled and peaceful canvases come up for auction very rarely, and they command the highest prices of all Klimt’s work.

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Roberto Matta: prices up 165% in five years [18 Dec 2002]

Roberto Matta, one of the last of the Surrealists, has just died in Italy. The top surrealist painters have long been stars on the auction floor, but enthusiasm for the Chilean artist took a while to materialise.

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Bidding frenzy grips the Paris scene [15 Dec 2002]

The Carré auction gets down to business: 85% of lots sold exceed their high estimates

Paris hosted an auction festival on 9-10 December. New auction house Dassault held its inaugural sale — breaking up the legacy of Olga Carré, widow of gallery owner Louis Carré — and confounded even the most optimistic forecasts. Piasa and Artcurial-Briest should be well satisfied.

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Latest trends on the art market [12 Dec 2002]

After several months of near-constant decline, the stock markets are now beginning to recover. And the wave of optimism has fed through to the art market. October’s prices were not far off last October’s. The third-quarter collapse now looks more like a warning shot, reminding investors of the tensions that can rock the art market at times of economic and geopolitical uncertainties.

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La Transavanguardia: Italian figurists no longer set the market on fire [08 Dec 2002]

The 1980s saw a resurgence of figurative painting in Europe with the German New Fauves, the French Figuration Libre movement and the Italian Transavanguardia that was quickly taken up by the art market at the time. But with Christie’s Rome holding its “Arte Moderna e Contemporanea” auction on 18 December 2002, how do collectors rate these recent Italian figurists today?

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New York’s Latin American Art auctions are short on spice [01 Dec 2002]

Although more lucrative than in 2001, November’s auctions of Latin American art nevertheless produced mixed results. The price index for the Latin American movement had looked promising, rising by 5% between January and June 2002.

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Is Paris really the top market place for photography? [26 Nov 2002]

For nearly a year now, the reformed French auction houses have been trading in an open market and France has been winning market share in several segments, most notably in photography. But now, after a marathon week of auctions, timed to match with the city’s photography month, have the gains really been that impressive?New York’s turnover is still more than double that of Paris, thanks to its sales of contemporary prints, while Germany still dominates the market in volume terms.

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The rise and rise of old master drawings [25 Nov 2002]


New York starts the party but Europe gets the girlBeyond the signature, only high-quality drawings find a buyer Record sales in 2000 and 2001Prices soared in 1999 and 2000 Italian drawings yield more than the Northern school in 2002

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Contemporary art auctions in New York reassure the market with 34 records in three days [24 Nov 2002]

In a tense economic climate, contemporary art auctions in New York are proving stronger than modern art and impressionist art sales. The evening auctions may have been unexceptional. But Sotheby’s and Christie’s still managed some reassuring surprises, generally in the less prestigious later sessions, when prices for some artists showed real growth and some of them turned out to be impressive records.

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New faces on the auction scene: Bill Viola is number one [17 Nov 2002]

Bill Viola is one of this year’s revelations. His storming entrance onto the auction scene on 27 June 2002, when his Incrementation sold for GBP40,000, has been followed by an exhibition at the Guggenheim. He tops our ranking of new contemporary artists at auction

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The art market — on the brink of the abyss? [11 Nov 2002]

Artprice Index: down 15% between June and September 2002

For the first time in ten years, all the indicators for fine art auctions find themselves in the red. The unsold rate has never been so high (44% in September), while the number of lots is also in freefall (-46.7%). With prices also tumbling after the summer lull, the signs look bad for the remainder of the season.

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Henri CARTIER-BRESSON: photo-journalism gets its foot in the door of the auction world [06 Nov 2002]

Some of the great photojournalists were able to transform their pictures into works of art. One such pioneer was Henri Cartier Bresson founder of the Magnum Photos press agency. Today, documentary photography is capturing market share in public auctions. Photojournalism at Auction 2002 takes place at the Drouot Hotel on 15 November, in the middle of Paris’s Photography Month and the Paris Photo 2002 fair. 700 prints will be up for auction. But the first steps of documentary photography at auction have not been free of pitfalls.

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Big paintings taking over the market [04 Nov 2002]

Canvasses sold at auction are getting bigger. The trend is not new, but has been exceptionally marked this year, when the average surface area of paintings sold has risen by 5.53%.

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Gerhard Richter: at the peak of contemporary art [29 Oct 2002]

Gerhard RICHTER has been all over the auction rooms lately. Since the exhibition “Gerhard Richter: 40 years of painting” opened, 80 pieces have been offered for auction and prices are still rising (+67% between January and June 2002), although none this year has had the quality to beat the record set 15 May 2001: USD4.9 million for Drei Kerzen (Three Candles).

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Recent trends ahead of the big November auctions of 2002 [23 Oct 2002]

Sommaire :

Major impressionist and modern art auctionsThey have never hit the million dollar markGrowing popularity of the expressionistsModern art takes centre stageAre impressionists still the stuff of dreams?

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The prophets of modernism [20 Oct 2002]

The group of artists known as the Nabis, or prophets, came together in 1888. The best known Nabi artists are Pierre BONNARD, Édouard VUILLARD, Maurice DENIS, Paul SÉRUSIER, Félix VALLOTTON, but the group also includes lesser known artists such as, Henri Gabriel IBELS, Jan VERKADE, Georges LACOMBE, Paul Élie RANSON and Ker Xavier ROUSSEL. To date, however, there has been no auction house sale devoted entirely to the Nabis,

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Speculative bubble forming on market for comic art [15 Oct 2002]

A speculative bubble appears to be forming on the market for original plates of comic art. True, none of the comics sold so far this year have beaten the record price fetched by plate no. 12 of Marsupilami’s nest by André Franquin, but prices are still rising. Up 62% on the end of 2001, the market has never been so bullish.

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Prices still rising at the start of a new season [10 Oct 2002]

Despite a slowing economy in July and August, the threat of another war and uncertainty over the steady decline in the world stock markets, prices are still rising on the art market: on average, EUR100 invested in a work of art in July 2000 had appreciated to EUR118.7 as of September 1, 2002.

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Modern photography in the spotlight 22-23 October [09 Oct 2002]

On 22-23 October, Sotheby’s New York will be auctioning a selection of photographs from the Museum of Modern Art (MoMA) in New York. Following on from the success of its last auction of photographs in April 2001, which generated sales of USD2.15m, Sotheby’s is hoping to raise over USD2m from the 212 lots.

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Paul Gauguin : 110 years of auctions [06 Oct 2002]

As the centenary of Paul Gauguin’s death approaches museums are rushing to hold prestigious retrospectives on one of the most influential painters of his time. The NY Metropolitan’s “Gauguin in New York Collections: The Lure of the Exotic” closes on 28 October 2002, but an exposition opens the following April at the Musée du Luxembourg and runs to June. For the auction houses, this is an opportunity to put up some extra Gauguin pieces.

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Contemporary art makes the running in 2002: auction trends [01 Oct 2002]

After a pause in 2001, contemporary art prices have taken off again. And yet, prices for the big-hitters have not experienced a spectacular explosion. During the first auction season 2002, prices for major league works were down on last year,

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Max Beckmann: a German in Paris [29 Sep 2002]

Paris’s Musée National d’Art Moderne currently has a retrospective show on Max BECKMANN, a German expressionist and lover of Paris. At auction houses, he is more renowned as the holder of the record price for a German painting.

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