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...
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 ...
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...
