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 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...
Artprice by Artmarket's 2019 Annual Art Market Report Shows Continued Growth With an All-time Record Number of Transactions Based on Global Confidence
PARIS, Feb. 21, 2020 /PRNewswire/ -- Artprice by Artmarket's 2019 Annual Art
Market Report shows continued growth with a all-time record number of
transactions based on global confidence in the market, and the French market
was particularly strong in 2019.
Artprice by ArtMarket.com: How to Objectively Define Contemporary Art in 2020?
PARIS, Jan. 15, 2020 /PRNewswire/ -- For the sake of coherence, clarity and transparency, Artprice's editorial team has always divided Art History into five main periods with artworks being classified according to a simple and indisputable criterion... the birth year of their creators: * 'Old ...
Artprice100 by ArtMarket.com: Our 'Blue Chip' Artists Index Outperforms the S&P 500 Over the Long Term and Posts a 3.3% Increase for 2019
PARIS, Dec. 18, 2019 /PRNewswire/ -- American stock markets have been super buoyant this year: the S&P 500 started the year at 2,510 points and reached 3,190 points this Tuesday,17 December 2019. That's a 26.2% increase over 12 months... adding more than a quarter to this fundamental index's hist...
Artprice by ArtMarket.com: Hong Kong - Capital of the New Hi-Lite Movement - Remains Unperturbed!
PARIS, Dec. 3, 2019 /PRNewswire/ -- Hong Kong's art market has posted excellent auction results. Last Saturday, 23 November, Christie's finished its session of 20th Century & Contemporary Art Evening Sale with a total of more than$136 million. In 2018, the same session totaled just $52 million. ...
Artmarket.com: Tailor-made Subscriptions Will Substantially Boost Our Revenues in 2020
Artmarket's joint Add a Zero project with Vahumana is based on a scientific and philosophical methodology for changing Artmarket's economic scope. PARIS, Nov. 28, 2019 /PRNewswire/ -- Thanks to artificial intelligence (AI) – which we realised a long time ago would have a massive and revolutionary...
Artprice by ArtMarket.com: Five Important Painters Over 99 Years Old - Pierre Soulages, Wayne Thiebaud, Carmen Herrera, Sun Qifeng and Toko Shinoda
PARIS, Nov. 22, 2019 /PRNewswire/ -- Pablo Picasso was 56 when he painted Guernica in 1937, and some say it was the pinnacle of his career... with his best works already behind him. It was sometimes suggested that during his 35 remaining active years, Picasso – the most imaginative of the artists...
Artprice by Art Market: 10 Works That Should Ignite Bidding at New York's Prestige Sales, 11 - 20 November 2019
PARIS, Nov. 7, 2019 /PRNewswire/ -- For thierry Ehrmann, founder/CEO of Artmarket.com, "This year's best auction performances have relied less on the Art Market's top four ultra-prestigious signatures (Monet, Picasso, Warhol and Basquiat) and more on artists who are gaining momentum. The major au...
ArtMarket.com - 24 October 2023: How the Art Market Saves the World From Economic and Financial Apocalypse
PARIS, Nov. 1, 2019 /PRNewswire/ -- Artprice by Art Market invited a number of
social science fiction authors to write near-term finance-fiction, as a
prospective experiment including the Art Market.
Artprice by Art Market: Cimabue... Another French Success, Along With the Lalanne Sale Last Week and Paris Photo 2019 Next Week
PARIS, Oct. 30, 2019 /PRNewswire/ -- A small painting depicting The Mocking of Christ,and attributed by Eric Turquin's team of experts to Cimabue, sold at Senlis Auction House nearParis for no less than $26.8 million on 27 October 2019 . This is the best Fine Art auction result hammered inFrance s...
Artprice by ArtMarket Presents the Top 25 Street Artists: Banksy's Success in Not a Market Anomaly
PARIS, Oct. 24, 2019 /PRNewswire/ -- With a new auction record of $12.2 million hammered at the beginning of October, street artist Banksy definitely stands out on the Art Market. But don't forget that earlier this year, in April, Kaws – another artist from the graffiti scene – reached a new reco...
