Artmarket.com: Women artists still only account for 8% of the art market! Artprice believes a major shift is about to occur
PARIS, April 27, 2021 /PRNewswire/ -- Sotheby's is proposing?to give greater?market visibility to female?artists by organising?an online session entitled(Women) artists, from 20 to 27 May 2021. But some see this initiative as a form of discrimination. The?initiative, which claims to celebrate " c...
Artmarket.com: ultra-contemporary art conquers auctions, making Artprice subscriptions ever more useful
PARIS, April 6, 2021 /PRNewswire/ -- In the absence of other cultural news, the art world is continuing to discover the joys of online auctions which seem better adapted to dematerialization than other art forums. One consequence has beena very substantial rise in the sale of new creations via au...
Artmarket.com: Artprice's valuation department updates the value of 1999's five top-selling works at auction
PARIS, March 30, 2021 /PRNewswire/ -- Investing tens of millions of dollars in works by Beeple or Banksy may seem extravagant today, but acquiring the most expensive artworks is statistically a winning strategy. Academic studies[1] have shown that amasterpiece effect does indeed exist on the art ...
Artmarket.com publishes Artprice 2020 Art Market Report highlighting a veritable paradigm shift: the pandemic imposed an unprecedented digitization of the market... that saved auction turnovers.
PARIS, March 15, 2021 /PRNewswire/ -- Our 23rd Annual Art Market Report offers a global analysis of public sales of Fine Art – painting, sculpture, drawing, photographs, prints, installations – between 1 January and31 December 2020. What was, at one point, anticipated as a 'blank year' for the Ar...
Artmarket.com: the Artprice100? index is continuing to grow... +405% since 2000
PARIS, March 2, 2021 /PRNewswire/ -- Artprice's blue-chip artists index, the Artprice100?, actually grew by 1.8% over the past year… a year marked by the almost complete absence of international fairs, but also by the forced transition of galleries and auction houses to a digitalmodus operandi. A...
Artprice's archive is the global alternative after the closure to art professionals of Christie's London archives
PARIS, Feb. 23, 2021 /PRNewswire/ -- According to Le Figaro this afternoon: //www.lefigaro.fr/culture/encheres/a -londres-christie-s-closes-its-archives-to-professionals-of-the-art-world-20210222
Artmarket.com: auctions provide buoyancy for arts and culture industry disrupted by pandemic
PARIS, Feb. 17, 2021 /PRNewswire/ -- As museums continue seeking solutions to allow them to welcome visitors again (even in small numbers and even if it means running at a loss like the MET inNew York[1]), the auction market has become a safety net for certain institutions, and, initial results i...
Artmarket.com: Is it better to sell a masterpiece in the provinces? Artprice looks at the Top 5 sales outside the art market's capital cities
PARIS, Jan. 26, 2021 /PRNewswire/ -- Masters Week?in New York is the art market's first major event of the year 2021. Sotheby's evening session on 28 January will be offering masterpieces by Botticelli (estimated$80 million), Rembrandt ($20-30 million), Hugo Van der Goes ($3-5 million) and Guido ...
Artmarket.com: Artprice Global Indices show the strength of Contemporary Art and Drawing in 2020: both segments adapted particularly well to rapid digitization
PARIS, Jan. 19, 2021 /PRNewswire/ -- As at 1 January 2021, the Artprice Global Indices are stronger actually stronger than twelve months earlier when the health crisis was still (almost) unthinkable. Six months ago no-one would have predicted such an outcome! In reality, the art market reacted qu...
Artprice by Artmarket.com: New York posts a 41% drop in auction revenue in 2020, but confidence has returned in January 2021
PARIS, Jan. 12, 2021 /PRNewswire/ -- In 2020, the world's leading Fine Art marketplace was at the epicentre of damage caused by the COVID pandemic, and the city's carefully structured auction agenda was completely upset. After the revenue shortfall resulting from the cancelled May sales, the majo...
Artprice: Sotheby's has its largest lead over Christie's in 15 years
PARIS, Dec. 8, 2020 /PRNewswire/ -- The world's two leading auction houses have historically moved neck and neck, but online sales have allowed Sotheby's to gain a substantial advance over its rival. For the first 11 months of 2020, Sotheby's, now headed by Patrick Drahi, has a turnover lead of +...
Artprice traces the Art Market's recent history via Sotheby's
PARIS, Dec. 1, 2020 /PRNewswire/ -- Between its second IPO in 1988 and its delisting inOctober 2019, the prestigious American auction house often reoriented its global strategy and made numerous operational adjustments involving cost management, offering more guarantees, structural reorganizatio...
Artprice Indices: art values are holding up...
PARIS, Nov. 17, 2020 /PRNewswire/ -- Artprice's quarterly Global Art Market
Index?normally shows seasonal fluctuations and,?in the longer run, has shown a
slight contraction since 2016.In 2020, despite the health crisis, the?trend has
continued unperturbed?without any visible drop.?
?
Artprice looks at five "positive anomalies" on the Art Market in 2020
PARIS, Oct. 28, 2020 /PRNewswire/ --?Thanks to online sales, the major auction houses have found a way to continue to operate and countervail the Covid-19 health crisis.?Lockdown forced them to activate the sudden and complete dematerialization of their most prestigious sales and their correspond...
Artprice by Artmarket.com: Condition of the Street Art market worldwide
PARIS, Oct. 20, 2020 /PRNewswire/ -- At its online sale on 28 May 2020, Phillips sold Banksy's lotHappy Choppers (2003) for $39,000. That may not seem surprising until you take into account that the work was a screenprint numbered 621 from a series of 750, purchased four years earlier for$4,500.....
Artmarket.com publishes the new Artprice's Report on the Contemporary Art Market, the primary growth driver with a +2,100% increase over 20 years
PARIS, Oct. 12, 2020 /PRNewswire/ --?"Artprice is proud to present this exclusive report which traces the evolution of the Contemporary Art Market over 20 years," announces thierry Ehrmann, President and Founder of ArtMarket.com and its Artprice department. "The story it tells reflects a multitud...
Artmarket.com and Artprice announce the forthcoming publication of an exclusive report on the Contemporary Art Market (2000-2020) to assuage the cancellation of the Frieze in London and the FIAC in Paris
PARIS, Oct. 6, 2020 /PRNewswire/ -- Over the past twenty years the exchange of Contemporary art works has developed into a dynamic global market. In its upcoming publication, Artprice traces and analyzes this evolution, from its rapid acceleration culminating inDamien Hirst's incredible sale at S...
Artprice by Artmarket.com: The role of independent experts in the Art Market
PARIS, Sept. 29, 2020 /PRNewswire/ -- In 2019, France's art auction turnover total rose by +18% versus 2018, reaching a record830 million US dollars and consolidating the country's fourth place in the global ranking of major national marketplaces. But, it isn't yet a direct competitor to theUnite...
Artprice: Sotheby's, Phillips and Ketterer adapt to the new reality
PARIS, Sept. 22, 2020 /PRNewswire/ -- On 29 June 2020, the charismatic Sotheby's auctioneer,Oliver Barker, brilliantly orchestrated – alone in front of an audience of screens – the sale ofFrancis Bacon's triptych Inspired by the Oresteia of Aeschylus (1981) for $84.55 million. This result was par...
Artprice presents five Covid-proof artists
PARIS, Sept. 15, 2020 /PRNewswire/ -- Unsurprisingly, the Art Market posted a significant contraction in H1 2020, although less severe than in 2009. The number of lots sold at auction fell by -21% and auction turnover dropped?-49%. However, the blow was definitely softened by the solutions implem...
