Shame About the Bonhams Contemporary Art Sale – artmarketblog.com Unable to build on the relative success of their first contemporary art sale last year which achieved a sale total of £2,042,700 with 70% of the lots sold, Bonhams only managed to sell 13 out of the 20 works on offer for a sale total of [...]
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 [...]
Chinese Art Market Matters from thedaily.com – artmarketblog.com I was recently interviewed by a journalist from the online ipad newspaper TheDaily.com regarding the Chinese art market boom. To see the full article visit: http://www.thedaily.com/page/2011/04/10/041011-biz-chinese-art-market-2-2/ My opinions were also mentioned in this article from Art Throb: http://www.artthrob.co.za/News/China-tops-rankings-for-art-auction-revenue-by-Katharine-Jacobs-on-09-April.aspx# **Nicholas Forrest is an art market analyst, art [...]
Avoiding a 2011 Art Market Armageddon – artmarketblog.com Don’t get me wrong, I am very glad that the art market has rebounded so quickly, but I am also extremely concerned about the way the art market is progressing. As I have mentioned many times before, the long term stability and viability of the art market [...]
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 !!.
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