ArtMarket® Insight - what's trending on the art market
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Victor Vasarely… an approach based on multiples [29 Mar 2022]
“The art of the privileged should become the art of the community. What is important is to have made this change both technically and materially.” V. Vasarely A master of optical illusions, Victor VASARELY (1906-1997) initiated an entire branch of artistic creation in the second half of the 20th century. From the first deformations of […]
Banksy and 21st Century Editions [25 Mar 2022]
On 15 March, Christie’s hosted a new auction format based on the success of the last four sales devoted to Banksy limited editions, all entitled I can’t believe you morons actually buy this sh*t. Last year’s session, on the same date, generated a record total of $6.1 million. This latest session – once again […]
France is at last NFT-compatible [22 Mar 2022]
Last year the major international art auction operators – notably Christie’s, Sotheby’s and Phillips – took the plunge of embracing the innovative NFT phenomenon. The response was almost immediate with digital works eliciting incredible enthusiasm worldwide and upsetting many of the existing art and art market codes. In terms of geography, sales of NFTs in […]
A number of well-known artists are getting into NFTs, including Damien Hirst, Takashi Murakami and Vhils. [11 Mar 2022]
A year ago, NFTs took the art market by storm with the major auction houses substantially boosting the phenomenon: first Christie’s, then Sotheby’s and Phillips. A number of art galleries were quickly seduced, some, like the Pace Gallery, developing their own platforms. Most of them, however, are still preferring to wait, even when their artists […]
Sotheby’s sales dominated by Magritte [08 Mar 2022]
On 2 March, Sotheby’s prestige sales of Modern and Contemporary Art in London were dominated by several paintings by Claude Monet, three works by Banksy (from the collection of singer Robbie Williams) and, above all, a masterpiece by René Magritte which generated by far the best result. $79.5 million: René Magritte’s new auction record A […]
Flash News: Christie’s took $330 million and Phillips expect $70 million for Basquiat [04 Mar 2022]
Christie’s took $330 million on 1 March This week Christie’s hosted its first major sales of 20th and 21st Century Art of the year, with results confirming trends seen in recent months. Its Art of the Surreal evening sale in London was clearly dominated by René Magritte, whose five works fetched a total of $16.9 […]
Frida Kahlo, Latin America’s most expensive artist [01 Mar 2022]
Last November Frida Kahlo became Latin America’s dearest artist thanks to a small canvas measuring 30 x 22 centimeters titled Diego y yo. We take a look at the auction history of one of the most cherished artists in art history, starting with the market history of that painting. Announced by Sotheby’s as “one of […]
Our selection: most popular signatures in Contemporary prints [25 Feb 2022]
Artmarket’s teams regularly share selections of their “favourites” among the artworks being presented by our partner galleries on the Artprice marketplace. Following on from our recent article “Printmaking, the art market’s new favourite medium”, we would like to highlight a selection of prints by some of the most sought-after signatures on the Contemporary art market […]
Printmaking, the art market’s new favorite medium [22 Feb 2022]
It’s a fact: the volume of auction transactions in fine art has reached an all-time high. The acceleration in online sales observed since the start of the pandemic has substantially contributed to increasing the population of bidders and boosting the market: some 664,000 artworks changed hands at auctions around the world during 2021, a new […]
What’s coming up in March? [18 Feb 2022]
The calendar of major art auctions has been underway since the end of January, in particular with the sale of Botticelli’s superb The Man of Sorrows, a masterpiece that fetched $45.4 million at Sotheby’s New York at the end of January. Nevertheless, the pace will accelerate in 15 days: Christie’s and Sotheby’s are once again […]
The three best-selling artists in the world [15 Feb 2022]
The three most “popular” artists on the art market, i.e. those for whom supply and demand are the most intense, all have prolific productions to their credit. The volumes produced during their careers feed a market whose appetite for their essential signatures never seems to tire. We take a quick look at the markets for […]
Focus on Omar Ba (1977) [11 Feb 2022]
With a dozen major exhibitions currently paying tribute to black artists around the world, Sotheby’s is dedicating this month of February to African (or African-origin) artists. Observing the market enthusiasm (and commensurate price inflation) for a whole new generation of these artists, Artprice looks this week at Omar Ba, whose prices seem to have stabilized […]
Christie’s, Sotheby’s, Phillips: a look at their relative markets [01 Feb 2022]
We take a look at the geography of the three biggest Western art auction companies The year 2021 ended with exceptional, and – it has to be said – quite unexpected results on the global art auction market. The main international auction houses have in fact demonstrated tremendous agility along with a surprising capacity for […]
Focus on Cinga Samson [28 Jan 2022]
Cinga Samson’s paintings exert a strange power of attraction while simultaneously exploring what it is to be African and questions of ‘identity’, the art market’s two favourite subjects at the moment. Originally from Cape Town where he still lives and works, Cinga SAMSON, aged 35, has already taken his paintings around the world, including Paris, […]
For a classification of NFTs on marketplaces and in Artprice databases [25 Jan 2022]
An urgent need for greater clarity is emerging in the world of NFT platforms, which are already offering a very large number of diverse and varied products. To enhance the navigation experience, OpenSea has already organized their offer into ten categories: New, Art, Collectibles, Domain names, Music, Photography, Sports, Trading cards, Utility and Virtual Worlds, […]
Botticelli and Magritte… two masterpieces to start the art auction year in style [21 Jan 2022]
As the year’s first quarter gets underway, several major works of incomparable quality are already earmarked for public sale, and their presence is in itself an indicator of the tremendous surge of confidence currently coursing through the veins of the art auction market. This week, Artprice looks at the two masterpieces being brought to market […]
Sotheby’s in 2021… an exceptional vintage [18 Jan 2022]
In 2021, Sotheby’s opened new premises in Cologne (September) and Los Angeles (October), as well as an additional private sales pop-up gallery in Monaco, and a Metaverse; but it also enjoyed an explosion in demand, soaring prices on works by very young artists and the incredible success of NFTs, all of which generated breathtaking annual […]
Focus on Geneviève Asse [14 Jan 2022]
Geneviève Asse passed away last summer at the age of 98. Close to Samuel Beckett, Pierre Soulages and Nicolas de Staël, Geneviève Asse left us a meditative œuvre that largely explores the calming qualities of abstract paintings in a variety of shades of blue. An eminent figure on the French artistic scene, Geneviève ASSE had […]
Artprice looks back over 2021 auction highlights and the NFT phenomenon [11 Jan 2022]
The term ‘NFT’ has been elected word of the year 2021 (all languages combined) by the Collins English Dictionary. The blockchain technology supporting the existence of NFTs was officially born in 2017, but it is only in the last ten months that it has attracted the general public’s attention by inviting itself into the art […]
NFTs in museums [04 Jan 2022]
In spring 2021, the Uffizi Gallery in Florence was the first museum to venture into digital art. With the help of Cinello, an Italian company offering digital copies of masterpieces (respecting their original dimensions), the famous museum offered the first digitally encrypted and certified authentic copy of the Tondo Doni, a sublime composition from the […]
The Top 2021 German artists [28 Dec 2021]
Artprice’s fifth and final review of the strongest artists at auction by nationality looks at the top-performing German artists in 2021. This Top 10 ranking has just four names: Wassily Kandinsky, Sigmar Polke, Lucian Freud and Gerhard Richter, with the latter not only dominating the market for German artists, but also holding a Top-5 position […]
Flash news: art fairs postponed – The Guerlain Prize winners [24 Dec 2021]
A series of art fairs postponed Spring will start later than expected for art fair organizers as well as for galleries already committed to participating, often several months ahead of the originally planned dates. The ‘fifth wave’ of covid and the progression of the epidemic linked to the Omicron variant has forced art fair organizers […]
The top-selling British artists in 2021 [21 Dec 2021]
Continuing our series on top-selling artists at auction by nationality, this week Artprice looks at the year’s 10 best auction results for British artists (all creative periods combined). Peter Doig, Francis Bacon, Banksy, Lucian Freud, David Hockney and Hurvin Anderson share the British Top 10 with a clear lead from Peter Doig, who generated the […]
Yayoi Kusama: at last a female artist in the global Top 10 [17 Dec 2021]
The public and collectors all over the world are increasingly infatuated by Yayoi Kusama’s contagious polka dots which seem to have spread throughout the art market. At 92, the artist has become the very first woman in the global Top 10 artists with a best-ever annual auction total from the sale of over 700 lots […]
The top-selling American artists in 2021 [14 Dec 2021]
As the year draws to a close, we can calculate provisional conclusions about the most in-demand artists on the global auction market in 2021. After a review of the most successful French artists (French artists on top of the market!), Artprice looks at which American signatures attracted the highest bids during 2021. Four Basquiats in […]
Christie’s Paris celebrates its 20th anniversary [10 Dec 2021]
Twenty years have passed since François Curiel set up the French headquarters of Christie’s in Paris. The British company’s arrival in France was made possible in 2001 by the French government finally cancelling the royal decree prohibiting foreign competition for auctions and opening its internal market to international companies. When they arrived, Christie’s decided to […]
French artists on top of the market! [07 Dec 2021]
As the year closes, we add up and compare the market performances of the artists at auction all over the world. Our initial conclusions, in early December, indicate that 2021 is going to be one of the best-ever years for artists of French nationality (or French residence), far outstripping the overall results for artists of […]
Flash News: Miami in the NFT era – The Brafa is postponed – Historic record for Phillips [03 Dec 2021]
Art Basel Miami… in the NFT era A one-day symposium on NFTs, conferences in museums (notably with BEEPLE at the Bass Museum), special NFT offers everywhere, the chance to create your own NFTs… crypto-art has invaded Miami’s art fairs (ending December 5). Even before the official opening of the 2021 Miami Art Week, the 20th […]
Georgia O’Keeffe, last chance! [30 Nov 2021]
The Pompidou Center’s major retrospective of Georgia O’Keeffe’s work will be ending on 6 December which means there are only a few days left to discover this immense American artist in Paris. Before the exhibition closes, Artprice takes a look at her career and some key market data. The Pompidou Center exhibition opens with a […]
Our three-dimensional favorites [26 Nov 2021]
Artmarket’s teams are glad to highlight their selection of favorites among the works presented by our partner galleries on Artprice’s online marketplace. From Yayoi Kusama to Bernar Venet, this week we focus our spotlight on a selection of Contemporary sculptures among the nearly 6,000 three-dimensional works available on the Artprice marketplace. One of France’s most […]
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