Contemporary Art Market Karma at Phillips de Pury Pt. 2 – artmarketblog.com My last post was the beginning of my analysis of the auction house Phillips de Pury and their status in the current market. I finished that post by revealing one method that Phillips use to try and maintain as strong a presence as [...]
Exposing the Chinese Art Market With 6 Questions Pt. 3 – artmarketblog.com See part 1 here: http://www.artmarketblog.com/2011/07/01/exposing-the-chinese-art-market-with-6-questions-pt-1-artmarketblog-com/ See part 2 here: http://www.artmarketblog.com/2011/07/11/exposing-the-chinese-art-market-with-6-questions-pt-2-%E2%80%93-artmarketblog-com/ 5. You’ve drawn comparisons between the present market climate, and the lead up to the Japanese crash in 1990. What are your fears for the Chinese market? Is a crash imminent and what [...]
Greek Financier Wins Picasso’s Lover in Art Auction Stoush – artmarketblog.com Greek financier Dimitri Mavrommatis added to his already impressive art buying history on the 21st of June when he purchased Picaso’s Femme assise, robe bleue at Christie’s London Impressionist and Modern Art sale for £17,961,250 against an estimate of 4,000,000 – 8,000,000. Bidding like a [...]
Questioning the Art Market – artmarketblog.com I was recently asked some questions about the art market for a magazine article and thought I would share my answers. Hope you enjoy !!! 1. Last year there was a trend for portrait pieces, why do you think this is? Although portraiture fell out of fashion, as it [...]
What Price Art Auction Philanthropy? – artmarketblog.com Christie’s 16th of February Post War and Contemporary Art Evening Auction saw a staggering new auction record for a living French artist when Martial Raysse’s “L’année dernière à Capri (titre exotique), (Last Year in Capri (Exotic Title))” sold for €4,851,241 against an estimate of €1,000,000 – 1,500,000. The [...]
Do Art Auction Houses Camouflage Results? – artmarketblog.com
Location Matters for Art Sales- artmarketblog.com At a recent art auction that I attended here in Australia a couple of prints by Sybil Andrews attracted huge amounts of interest resulting in both selling for well above their estimates. This wasn’t really surprising considering the level of interest that there seems to be in the work [...]
Evaluating Art Auction Results Pt. 5 – artmarketblog.com 2. Percentage of lots sold by value continued In part four of this series I looked at the second of two methods that auction houses use to calculate the percentage of lots sold by value. As I mentioned in part 4, the method of calculating the percentage [...]
Evaluating Art Auction Results Pt. 4 – artmarketblog.com 2. Percentage of lots sold by value continued In part three of this series I looked at the first of two different methods of calculating the percentage of lots sold by value. The first method that I looked at which is calculated by using the following formula: [...]
Evaluating Art Auction Results Pt. 3 – artmarketblog.com 2. Percentage of lots sold by value In part 2 of this series of posts on the real value of the statistics that are used to determine the success of a sale, I conducted an in depth analysis of the percentage of lots sold by number statistic. [...]
