Contemporary Art Market Karma at Phillips de Pury Pt. 3 – artmarketblog.com My last two posts, parts one and two of ‘Contemporary Art Market Karma at Phillips de Pury’, provided an insight into the way auction house Phillips de Pury approach the contemporary art market niche that they have chosen to pursue. With this post, [...]
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 [...]
Towards a False Art Market Globalisation pt. 1 – artmarketblog.com One of the things that I find particularly interesting about the current progression of the art market is that although it is often said that the internet has globalised the art market, I often come across circumstances where geographical and cultural boundaries still have a [...]
Shrewd Art Buyer Calls First Dibs on Marini Sculpture – artmarketblog.com One of the most important aspects of successful art investment is knowing what is happening in the cultural sphere. It is the cultural sphere that will, at the end of the day, dictate the desirability and rarity of a work of art in the [...]
Due to overwhelming demand I have posted the entire Top 2010 Art Market Trends series in one post. Hope you enjoy !!! Top 2010 Art Market Trends Pt. 1 – artmarketblog.com ‘Venus of the Rags’ by Michelangelo Pistoletto 1. Arte Povera: The Arte Povera trend that took hold in 2010 has more to do with [...]
Top 2010 Art Market Trends Pt. 2 – artmarketblog.com There is really not just one dominant “art market” that one can refer to anymore. Once upon a time when one referred to the art market they were generally referring to the global leaders England and the USA, with perhaps the French market included depending on [...]
2010 has been one of the most confusing, unpredictable and unexplainable years for me as an art market analyst. So many of the trends, events and fads that emerged during 2010 did not appear to be caused by the sort of conditions, have the same effects, or follow the same path of logic that one would expect they would given the way things have panned out in past years
The Great Contemporary Art Market Cock-Up – artmarketblog.com
All last week I was bombarded with headlines that announced the returning strength of the contemporary art market thanks to the phenomenal prices achieved for works by artists such as Warhol, Lichtenstein and Klein whose work was described by one major newspaper as the fons et origo (latin for source and origin) of contemporary art. Now I am not trying to be rude or degrade the journalists who make this mistake, but Warhol, Klein (Yves) and Lichtenstein are NOT CONTEMPORARY ARTISTS, and their work is NOT CONTEMPORARY ART !!.
A New Sentimental Art Market Era Pt. 3 – artmarketblog.com
If you want some further examples of the sentimental direction that the art market is beginning to take then I shall provide you with two more. The first example is the direction that the Australian Aboriginal art market has taken recently taken in response to a severe drop in prices and a major change in perception caused by several factors that I will discuss shortly. Australian Aboriginal art experienced a huge boom roughly in conjunction with the global contemporary art market boom, which saw prices for Australian Aboriginal art skyrocket, and the market for said works expand at a rapid rate. Unfortunately, that boom turned to a spectacular bust for much the same reasons and at roughly the same time that the global contemporary art market took a massive hit.
2010 Art Market Status Report – 2nd half – artmarketblog.com
