Cheaper Alternatives Trump Megabuck Art Auction Favourites – artmarketblog.com Christie’s, Phillips de Pury and Sotheby’s have had a stellar few weeks producing new auction records for a long list of artists including Mark Rothko, Ai Weiwei, Roy Lichtenstein, Edvard Munch, Alexander Calder, Jackson Pollock, Yves Klein, Gerhard Richter and Cy Twombly. Included in those artist [...]
Record Rise for Orientalist Paintings – artmarketblog.com As the art market continues to rebound, and new buyers continue to emerge from the middle east, the demand for top orientalist paintings has risen significantly over the last twelve months. Exceeding the market high seen during the 2007/2008 boom, the prices being paid for the work of [...]
Why Indonesian Artists are Hot Property – artmarketblog.com My previous post revealed some recent auction results that suggest that the market for the work of some of Indonesia’s top artists is gaining strength. One of the factors that has contributed to the strength and resilence of the market for Indonesian art is the existence of [...]
Sotheby’s Clyfford Still Record Fails to Impress – artmarketblog.com Sotheby’s seems to have re-ignited confidence in the art market with the results of their Contemporary Art Evening Sale. But I for one won’t be celebrating just yet because all I see is a market that reacted to an extremely rare opportunity to acquire works by [...]
Exposing the Chinese Art Market with Six Questions (All 6) – artmarketblog.com 1. The records from the recent Christie’s fine modern paintings sale (31 May), along with records from China Guardian Auctions Co. from the 2009 Autumn sale onwards, show that auction house estimates have become little more than conventional additions rather than indicative price [...]
Exposing the Chinese Art Market With 6 Questions Pt. 1 – artmarketblog.com Q1. The records from the recent Christie’s fine modern paintings sale (31 May), along with records from China Guardian Auctions Co. from the 2009 Autumn sale onwards, show that auction house estimates have become little more than conventional additions rather than indicative price [...]
AS CHINA TAKES LEAD IN INTERNATIONAL ART WORLD, SOUTH AND SOUTHEAST ASIAN ART FOLLOWS STEADILY BEHIND Pakistani, Indonesian, and Vietnamese contemporary art burgeon in United States New York, NY (May 12, 2011)— As China just surpassed the U.S. in terms of fine-art auction revenue according to Artprice (March 2011), the recent surge of South and [...]
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 [...]
Six Super Art Investment Tips – artmarketblog.com 1. Know what to expect In recent times fine art has gained popularity as a hedge against the volatile fluctuations that have plagued the more mainstream financial markets such as the stock market. The fact that fine art is a tangible object and can be traded for money [...]
An Art Market Bubble Chinese Style Pt. 3 – artmarketblog.com It seems that most people associate an art market boom with a sudden and rapid increase in the prices being paid for works of art combined with an increase in the number of works of art being sold on either a market-wide scale or within [...]
