ArtMarket® Insight - what's trending on the art market
Artprice's Latest Report
ArtMarket® Insight contents
Sotheby’s: a week at $1.1 billion! [23 Nov 2021]
Last Monday, a week after Christie’s white glove sale of the Cox Collection (including a painting by Gustave Caillebotte at a record $53 million), Sotheby’s offered part of the highly anticipated Macklowe Collection (generating $676 million!). The following day, the American auction house again made art news headlines with an extraordinary self-portrait by Frida Kahlo […]
Etel Adnan… and the success of Lebanese Artists [18 Nov 2021]
At the time of writing the following lines Etel Adnan was still among us. Unfortunately she died in Paris at the age of 96 on 14 November. We pay our respects to this master of color and light. Born in Beirut in 1925 to a Greek mother and a Syrian father, with multiple cultural […]
Christie’s hammers $970 million in a week! [16 Nov 2021]
Last week Christie’s took $970 million from three sales and two very lively auction evenings. With 15 new auction records, 22 artists, from Van Gogh to Beeple, crossed the $10 million threshold. The whole week was animated by an augmented audience with the auctions being organized live from New York, but also from Hong Kong […]
The high end market for prints: focus on Hokusai’s Great Wave [10 Nov 2021]
Matisse and Picasso, Haring and Basquiat, Warhol, Richter and Banksy… the year’s top-selling prints have shown a distinct preference for Modern & Contemporary works over ‘historical’ works. Indeed, the appeal of the new is perfectly illustrated by the fact that the year’s highest price in this medium so far is for a work by Banksy, […]
Several young artists have dwarfed their estimates; Artprice takes a closer look [05 Nov 2021]
On 14 October 2021, just before its prestige Contemporary Art Evening Sale in London, Sotheby’s calculated the estimated value of the canvas I’ll Have What She’s Having (2020) by Flora Yukhnovich at $80,000 – $110,000. But the work finally sold for over $3 million. Nothing justifies this result 30 times higher than the estimates, if […]
Major Georg Baselitz retrospective at Pompidou Center [02 Nov 2021]
The Pompidou Center in Paris is hosting the largest Georg Baselitz retrospective ever organized in the world: six decades of creation by an essential artist. The exhibition will be open until 7 March 2022. Baselitz never liked overly ‘classical’ artists. He prefered Soutine, Picasso, Duchamp, Otto Dix or the African statues that he has collected […]
Our “pick of the week” (Photography) [29 Oct 2021]
From over 3,000 photographs presented by our partner galleries on our website (https://www.artprice.com/marketplace) this week’s selection by Artmarket’s teams focuses on a couple of Contemporary photos. The work of several artists – including that of Denis Darzacq (represented by Galerie RX), Valérie Jouve and Liu Bolin – questions the place of the individual in society. […]
Focus on Toyin Ojih Odutola [26 Oct 2021]
At 36, this artist from Nigeria is already among the most successful artists at auction, all periods of creation combined. Born in Ile-Ife, Nigeria in 1985 to a Yoruba father and an Igbo mother, Toyin Ojih Odutola was five years old when her family moved to Berkeley, California, where her father, Dr. J. Ade Odutola, […]
Flash News: Banksy’s latest record…, The rise of Flora Yukhnovich, The hottest signatures at Christie’s [22 Oct 2021]
Banksy’s latest record… In the 2020/21 period (30 June – 1 July) BANKSY accounted for 15% of the UK’s total fine art auction turnover and 7% of the global auction turnover hammered in the Contemporary art auction segment. On 14 October last, Sotheby’s London sold one of the most anticipated works of the fall season: […]
Market temperature in Hong Kong after Sotheby’s recent sales [19 Oct 2021]
In the first half of 2021 Sotheby’s posted a spectacular total of HK $1.3 billion ($167 million) from its Hong Kong Modern Art sales, a new record for Sotheby’s in Asia. Christie’s, for its part, posted a clear turnover increase on its HK fine art sales during H1 2021, with a significant evolution in the […]
A weakened position for London ? [12 Oct 2021]
As the Hong Kong art market develops at a phenomenal pace, London is relatively less attractive than it was ten years ago. Christie’s, Sotheby’s and Phillips are now selling certain Western masterpieces – for example, by Basquiat, Still, Richter and Ghenie – in Asia rather than in London, reflecting a general shift of the global […]
Focus on Jérémy Gobé [08 Oct 2021]
Actively involved in major art and art market events for over 30 years, Artprice also provides support to certain artists whose work it considers of vital importance. This is the case of the French artist Jérémy Gobé who focuses on the development of solutions to environmental challenges. Convinced of the value of his approach, […]
Contemporary art market: our report is now online! [05 Oct 2021]
All in all, the Contemporary Art auction market saw its global turnover contract -34% over the 2019/2020 period as it rushed to stop the hemorrhage caused by the “panic” of March 2020 and the complete stoppage of auctions. Fortunately, the subsequent organization of online sales offset the closure of galleries and auction rooms and the […]
Women artists… rhythm and color on Artprice marketplace [01 Oct 2021]
Artmarket’s teams are resuming their selection from among the works of our partner galleries on the Artprice’s online marketplace. This week our selection focuses on four of the most famous female artists in the field of abstract art: Sonia Delaunay, Aurélie Nemours, Joan Mitchell and Geneviève Asse, all essential artists whose œuvres are internationally recognized. […]
New records for Indian and Pakistani artists in New York [28 Sep 2021]
A work by Jehangir Sabavala sold for a $1.5 million; another by Bhupen Khakhar fetched nearly a million. Rabindranath Tagore and Abdur Rahman Chughtai generated impressive results… In short, the recent sale at Christie’s New York on 22 September (South Asian Modern + Contemporary Art) indicates distinctly positive price trends for South Asia’s major painters. […]
Flash News: Superb Morozov Collection – Praemium Imperiale for James Turrell [24 Sep 2021]
Superb Morozov Collection: icons of Modern art Vincent Van Gogh: Café de nuit (1888), oil on canvas, 72 x 92 cm. This masterpiece by Van Gogh was purchased by Ivan Morozov for 3,000 rubles ($35,000 in today’s money) at the 1908 La Toison d’or exhibition. It would probably fetch over 100 million dollars today. . […]
Focus on Kudzanai-Violet Hwami [21 Sep 2021]
Her figurative works address themes of gender, sexuality, race and violence … exactly what museums, collectors and the market are looking for right now as they rewrite a more inclusive story. Through her portraits of black people as so many “celebrations of Afro-punk and the LGBTQ + community” (to quote the title of Hero-magazine, October […]
Flash News: NFT sales in Hong Kong – Macklowe Collection and Cox Collection [17 Sep 2021]
No return to business after the summer recess without NFTs!… Last week, from just two lots created by Yuga Labs in its online session “Ape In!” Sotheby’s generated $26.2 million, setting its latest record for an NFT sale. Of these two lots, a set of 101 YUGA LABS NFTs depicting monkeys sold for $24.4 million (101 […]
As the auction market resumes its activities, Artprice takes a look at some of the best works for sale in New York [14 Sep 2021]
Asian art week begins today at Christie’s with no less than six separate online sales for this traditional week of Asian Art auctions in New York. The sales will be offering a wide range of lots from the entire Asian continent… from a Tang dynasty silver “rhino” dish to Huanghuali furniture. The first sale is […]
The world’s top-selling living artist, Banksy returns to the limelight in October [10 Sep 2021]
On 14 October Sotheby’s will once again be offering Banksy’s famous Girl With Balloon (2006) which, in 2018 – just after being hammered down for over a million dollars – partially self-destructed by means of a remotely activated shredding device concealed inside the work’s frame… in front of a dumbfounded public. For Sotheby’s, this act […]
Art Paris Art Fair: Véronique Jaeger and Suzanne Tarasieve [07 Sep 2021]
The first Modern and Contemporary art fair to be held in the Grand Palais Éphémère (replacement building set up behind the Eiffel Tower while renovation work is conducted on the 19th century Grand Palais), Art Paris Art Fair is now open until 12 September 2021. We interviewed two directors of emblematic galleries present at the […]
Art Paris Art Fair: Guillaume Piens and Hervé Mikaelof [03 Sep 2021]
The first Modern and Contemporary art fair to be held in the Grand Palais Éphémère (replacement building set up behind the Eiffel Tower while renovation work is conducted on the 19th century Grand Palais), Art Paris Art Fair will finally be taking place from 9 to 12 September 2021. Ahead of the opening we interviewed […]
Banksy is the top living artist in Artprice’s turnover ranking for H1 2021 [01 Sep 2021]
Will future generations consider Banksy the most important artist of the early 21st century? In any case, that’s what the $123 million hammered in the first half of 2021 suggests, giving Banksy 5th position in Artprice’s general ranking (all periods combined) just behind the giants Picasso, Basquiat, Warhol and Monet. Whether we like it or […]
Art Market History : 30 June 1939. Lucerne [31 Aug 2021]
Before entering politics, Adolf Hitler had artistic inclinations. Having twice failed to get into Vienna’s Academy of Fine Arts, he had a strong opinion on the nature of art and its role in society. As of 1933 he was free to excise from German cultural institutions works of art considered incompatible with his own ideals. […]
Three dazzling results for Contemporary Art [24 Aug 2021]
They are young, talented and have inflamed auctions in Tokyo, London and Hong Kong … a look back at three Contemporary artists who offered us some of the most surprising results of the year… Ide Tatsuhiro (Tide) (1984) Two of us (2019) Low estimate: $9,493 Price: $480,345 SBI Art Auction Co, Ltd, Tokyo Estimated at […]
Capital gains and losses in the Contemporary art field [17 Aug 2021]
The Contemporary art market has posted a spectacular recovery with sky-high results worldwide and an unprecedented demand dynamic. But before presenting our analyses of the key figures and major trends in our upcoming Contemporary Art Market Annual Report (scheduled for publication in early October 2021), Artprice has looked at a number of resales that reveal […]
Focus on Eddy Kamuanga Ilunga [10 Aug 2021]
Revealed by the Saatchi gallery in 2015, Eddy Ilunga KAMUANGA (born in 1991) is one of the leading figures of new Congolese painting. Born in Kinshasa, Africa’s third largest city, he immersed himself as a child in American comics and assiduously copied Japanese mangas. The young boy’s imagination quickly learnt to travel between cultures and […]
Artprice analyses the art market’s dazzling recovery from the health crisis in H1 2021, fortified by its digital transformation [04 Aug 2021]
In the first semester of 2021 the art auction market managed to recover all of its dynamism. If all goes well, the art fairs which will resume in September. They will, however, have to contend with a substantially modified market characterised by the sensational arrival of NFTs and sky-high prices for works by very young […]
The 3 most expensive Contemporary artists of the year so far [27 Jul 2021]
The fact that Jean-Michel Basquiat is still the most expensive Contemporary artists at auction is not surprising. The African-American star, who died in 1988, is to Contemporary art what Picasso is to Modern art. On the other hand, the logic behind the other two artists in the year’s top 3 auction Contemporary results is more […]
Alexej von Jawlensky: the enigmatic image [23 Jul 2021]
Russian artist Alexej von Jawlensky, who died 80 years ago, had a strong influence on key developments in Modern art, a fact the art market appears to be waking up to… not just in Germany. Apparently, Alexej von Jawlensky (1864-1941) had a strong spiritual experience in front of a church icon when he was about […]
Our partners
30.6
