Australian Art Market 08 Review Part 3 – artmarketblog.com Two important art world events took place in Australia in 2008 the first of which was the biennial Melbourne Art Fair and the second being the Sydney Biennale. The biennial Melbourne Art Fair took place from the 30 July – 3 August at the Royal Exhibition [...]
Photography Collection Wows Market – artmarketblog.com The Constantiner Collection of Photographs went under the hammer on the 16th and 17th of December at Christie’s New York. A total of US$7,721,875 against an estimate of US$7.5 million to US$11 million represented a very successful sale especially considering that the collection achieved the highest total for a [...]
Chinese Art Loses Lustre – artmarketblog.com Copyright@Artprice.com In 2007, China redistributed the cards in becoming the third auction market globally. Beijing and Hong Kong have rapidly established themselves as new growth relays and the scene of some particularly aggressive investment over the past two years. The most impressive sale results have been achieved at Poly [...]
Australian Art Sacrificed for Cezanne – artmarketblog.com The Art Gallery of New South Wales in Sydney, Australia is selling two major works by two Australian artists from it’s collection to raise the remaining funds needed to purchase a painting by Cezanne titled “Bords De La Marne”. Director of the Art Gallery of New South Wales, [...]
Mei Moses Art Market Index Update – artmarketblog.com A tracking report on the year-to-date value of the Mei Moses All Art Index has been issued by Beautiful Asset Advisors. According to the fall art market insight report, as of 10/31/2008, the value of the index was 270.58** which, as one would expect, is down on [...]
Catherine Opie at Side Street Projects – artmarketblog.com Side Street Projects is an artist-run organization that helps visual artists negotiate the baffling terrain of the contemporary art world and provides art related youth education services. As part of their fundraising program Side Street projects are selling prints of works by some of the top contemporary [...]
Milan Contemporary Art Sale Success – artmarketblog.com In a market where a majority of the major art auctions being held since the beginning of the financial crisis are experiencing far from positive results it is important to be aware that there are still many promising signs of art market resilience. One such sign is the [...]
The Price and Value of Contemporary Art – artmarketblog.com The problem with the market for contemporary art is that the perceived value of the work by a contemporary artist (especially emerging artists) is often reliant on someone taking the risk of backing that artist which then adds credibility to their work thus prompting other people [...]
Trailblazers at Boutwell Draper Gallery – artmarketblog.com From the 19th of November to the 13 of December, Sydney’s Boutwell Draper gallery are holding an exciting exhibition called Trailblazers which includes work by artists from Australia, Europe and the United States who are considered to be at the cutting edge of contemporary artistic practice. According to [...]
Defining Art Market Movements – artmarketblog.com Regardless of whether you hear that the art market is just undergoing a correction or is experiencing a full blown crash you can take comfort in the fact that the terminology used to describe the current state of the art market really makes no difference. For starters, there is [...]
