EuronextParis:PRC

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 ...

2021-03-30 21:23 3944

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...

2021-03-15 20:00 4736

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...

2021-03-02 22:05 8587

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: https://www.lefigaro.fr/culture/encheres/a -londres-christie-s-closes-its-archives-to-professionals-of-the-art-world-20210222

2021-02-23 18:27 7207

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...

2021-02-17 01:10 7749

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 ...

2021-01-26 21:51 7070

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...

2021-01-19 21:00 9005

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...

2021-01-12 23:11 8136

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 +...

2020-12-08 21:00 6070

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...

2020-12-01 21:00 6822

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.   

2020-11-17 21:00 6865

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...

2020-10-28 08:23 6728

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.....

2020-10-20 21:11 11050

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...

2020-10-12 20:53 15378

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...

2020-10-06 20:00 16336

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...

2020-09-29 20:31 17431

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...

2020-09-22 20:30 12868

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...

2020-09-15 20:00 14780

Artprice at the Sotheby's Institute of Art in New York: The Art Market Might Have Reached a Turning Point

PARIS, March 13, 2020 /PRNewswire/ -- Art history has traditionally analysed the evolution of artistic trends by reference to precise criteria such as dates, places, movements and techniques. Nowadays, however, a far more flexible and interconnective approach seems to prevail, most likely driven ...

2020-03-13 04:19 14933

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.

2020-02-21 21:16 7444