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

Cy Twombly (1928) [10 Jun 2003]

A major exhibition takes to the road this year to celebrate US artist Cy Twombly’s works on paper. But on the auction floor, his paper works still seem to leave collectors cold.

Hans Arp (1887-1966) [26 May 2003]

Auctioneers Calmels-Cohen are to break up the collection assembled by Hans Arp’s brother, François Arp. The Dada artist’s price index has gained 56% since 1997 and a new record for his work was set at the recent Breton sale.

A revival in the contemporary art market? [20 May 2003]

Excellent results from the contemporary art auctions in New York on 13-14 May 2003. After a worthy but slow start as Sotheby’s turned over USD27.4 million the first evening, Christie’s hosted a hectic sale the next day that brought in USD68.8 million.

Robert Rauschenberg (1925) [15 May 2003]

After a decade of stagnation the prices of the first American artist to win the Venice Biennale are finally rising again

Thomas Ruff (1958) [06 May 2003]

Thomas Ruff is, with Andreas Gursky and Thomas Struth, one of the stars of German contemporary photography. He had his first success at auction in the late 1990s. But after the boom of 2001, the market for his work seems to have subsided.

Max Beckmann (1884-1950) [04 May 2003]

After the Georges Pompidou Centre in Paris and the Tate Modern in London, it is MoMA’s turn to welcome the Beckmann retrospective from 26 June 2003. Beckmann is renowned in the auction world as the holder of the world record price for a German painting.

Star turns at the Impressionism & Modern Art auctions in New York [16 Apr 2003]

Sotheby’s and Christie’s are taking similar approaches to the evening auctions to be held on 6 and 7 May. Both are banking on Renoir and Degas from the impressionists, dropping Picasso, and hoping to continue selling Giacometti sculptures in bulk. Some of the works on offer may seem oddly familiar…

POP ART made in France [15 Apr 2003]

Although pop art has so far only reached its full potential in the United States, the movement also has roots in Europe. Now, the market is starting to remember.

Art Market Trends 2002 [14 Apr 2003]

Art Martket Trends 2002 Contents Artprice Global Index 2002: +4.3% No speculative bubble in the art market The market segments: fine art categories and prices Market overview: weight by country Top 100 auction records 2002 Ranking of artists by auction turnover: the top 100 Contemporary art market: the Anglo-Saxons lead the pack   14 pages […]

Ando Hiroshige (1797 – 1858) [10 Apr 2003]

Like his immediate predecessor Katsushika Hokusai, Utagawa Hiroshige is one of Japan’s leading landscapists. Single prints are affordable. Full series set records.

The second School of Paris at the forefront of modern art sales [07 Apr 2003]

Paris, 2 April 2003 – Christie’s scores a hit with a lively modern art sale: 100% of lots sold, turnover of EUR2.6 million.

Fernand Léger (1881-1955) [06 Apr 2003]

His high turnover, regular retrospective shows and diverse output have set off an explosion in the prices paid for Fernand Léger’s work. His price index has doubled in five years.

Contemporary Chinese art: dwindling supply puts upward pressure on auction prices [06 Apr 2003]

The major auctions of contemporary Chinese art traditionally take place in April and October and, for several years, Christie’s has outdone its main rival, Sotheby’s, in this segment.

Vincent Van Gogh (1853 – 1890) [01 Apr 2003]

The market’s highest priced artist, Vincent Van Gogh, was perfect for the speculative frenzy of the late eighties. Now, his major pieces have all but vanished from the market. But this has not stopped investors speculating on his canvases.

“… this time the art market will not be a war victim” [30 Mar 2003]

Every art market player has in mind the crash that hit the market during the first Gulf war. How do people feel about the current situation?

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Every art market player has in mind the crash that hit the market during the first Gulf war. How do people feel about the current situation?

The artists in the spotlight in 2002 [27 Mar 2003]

The top 500 artists by turnover in 2002

Each artist makes their own, large or small, contribution to the total market. And ranking them by auction turnover gives a good indication of market conditions, preferences and trends. Every year Artprice ranks artists by this criterion.

Do Italian futurists have a future at auction? [26 Mar 2003]

The masterpieces of this landmark movement in Italian modern art are locked up in Italy. While the Artprice Index shows that futurist price levels have risen sharply since 1997, few collectors can expect to profit from this.

André Derain (1880-1954) [24 Mar 2003]

Despite an upsurge in interest in his later paintings and sculptures, Derain the fauve still far outsells the later Derain. His market was revived by the sale of the studio in March 2002.

Prices stable ahead of the spring auctions [20 Mar 2003]

Despite the geopolitical upheaval centring on the Gulf, art prices since the start of the year are little changed from 2002. Things were very different in 1991, when the first Gulf war combined with Japan’s economic slump to plunge the art world into a crisis that lasted half a decade.

Modern prints dominate the prints market [17 Mar 2003]

Prints and multiples are making democratising the art market. In 2002, half of all prints sold for less than EUR 1,000. Prints represents no less than 18% of the lots sold in 2002 versus 15% in 2001. But all these lots only brought in 2.6% of total turnover.

Marc Chagall [17 Mar 2003]

Marc Chagall was one of the most prolofic artists of the 20th Century. Prices are still under those recorded in 1990 but started rising 3 years ago. The major 2003 retrospectives are very likely to boost the market.

Raoul Dufy [13 Mar 2003]

Visitors can admire the wide range of Raoul Dufy’s work at the Musée Maillol in Paris until June 16 2003. Dufy was one of the most prolific and varied painters of the last century. Most prized at auction are his light and colourful canvases.

New York/London: partners or rivals? [10 Mar 2003]

Fine art sales fell by 13% in the USA in 2002, compared to just 7.3% globally, while sales in the UK market remained stable. The UK was the main beneficiary of the US decline and now has 27.5% of the world market against the USA’s 42%.

Nicolas de Staël [23 Feb 2003]

The prices for Nicolas de Stael’s works are now back to their 1997 level. Nevertheless potential increase for the artworks of this major French modern artist remains fairly interesting.

The Forbes collection: Victorian paintings to stage a comeback in February [17 Feb 2003]

Christie’s is to sell the Forbes collection of Victorian pictures and works of art in what promises to be one of the key artmarket events of early 2003 art market. More than 360 lots will go up for sale on 19-20 February and estimates point to a turnover of nearly USD35 million.

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

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.

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.

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!

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.