The YSL Art Collection Sale – artmarketblog.com For at least six months, the sale of the Pierre Bergé and Yves Saint Laurent collection has been the focus of much media attention, described as the “sale of the century”. At a time when The Art Market Confidence Index (AMCI) is firmly in the red, the means [...]
Evaluating Art Auction Results Pt. 2 – artmarketblog.com In Evaluating Art Auction Results Pt. 1 (see here) I began to take an in depth look at how people interpret auction results and exactly what it is that determines whether an art auction has been a success or not. Continuing on from that post I want [...]
Dissecting Christie’s Feb 09 Art Auction Pt. 1 – artmarketblog.com I am going to make a slight diversion from my previous post on evaluating art auction results (which will be continued very soon) because I want to take a bit more of an in depth look into the actual works that were included in the [...]
Photography Auction at iGavel – artmarkeblog.com As I have mentioned before, the great thing about iGavel auctions is that all the sellers are professionals and all the objects offered on the iGavel site are guaranteed for authenticity and condition. The only way anyone other than the a registered associate of iGavel can sell an item [...]
The Reality of Feb 09 Art Auctions – artmarketblog.com The first round of major art auctions for 09 have proven that there is still a considerable amount of money available to be spent on top quality and rare works of art provided the price is right. Fresh works from private collections appeared to be particularly [...]
Global Art Market Avoids Crash – artmarketblog.com After all the predictions of doom and gloom that were made in relation to future of the art market during 2008 you may have begun to wonder why the correction that is taking place isn’t as bad as many people predicted. The reason that so many people predicted [...]
The Reality of Art Sales Data – artmarketblog.com It’s very unfortunate that the most transparent sector of the art market is also the source of some of the most inaccurate and unreliable data in relation to the art market. Although art auctions proceedings may appear to involve a high level of randomness and chance they [...]
Snobbery and the Art Market – artmarketblog.com A few posts ago I wrote about art and the Veblen Effect. The Veblen Effect suggests that the demand for certain goods, such as art, decreases as the price decreases because a more expensive object is associated with greater prestige and greater wealth. Another effect called the snob [...]
Wishing Everyone a Happy New Year !!! **Nicholas Forrest is an art market analyst, art critic and journalist based in Sydney, Australia. He is the founder of http://www.artmarketblog.com, writes the art column for the magazine Antiques and Collectibles for Pleasure and Profit and contributes to many other publications.
Korean Photographer Myoung Ho Lee – artmarketblog.com A tree or a picture of a tree?, that is the question. Well it’s not THE question but it is the question that one asks ones self when confronted with the awesome “Tree” series of photographs by Myoung Ho Lee. Myoung Ho Lee is a young Seoul, Korea [...]
