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 [...]
German Expressionism: aggression with a brush – artmarketblog.com Copyright@Artprice.com The price index for German expressionist masters has been particularly dynamic over the past 2 years. Underpinning this price progression: a rarefaction of the offer; some exceptional works coming to market and plenty of recent exhibitions. For example, Emil Nolde is currently being honoured with a [...]
Art as Alternative Investment – artmarketblog.com The interest in alternative investments which are those investments that are not one of the traditional investments such as bonds, stocks, cash, money markets etc. has been on the increase in recent years as people seek safer and more stable alternatives to the highly volatile stock market and money [...]
Gerhard Richter Buy Alert – artmarketblog.com Ever fancied owning an original artwork by Gerhard Richter?? With Richter being one of the most important post war artists and one of the most expensive living artists it is hard to think of a reason that anyone wouldn’t want one of his works in their collection. If you [...]
2008 Art Auction Records – artmarketblog.com The art world gurus at artnet.com have compiled a list of new art records set between the 1st of January 2008 and the 30th of June 2008 and ranked according to sale price all the way down to $100,000. According to artnet “Overall, the sprawling list of almost 1,000 [...]
New Oz Art Resale Royalty Scheme – artmarketblog.com The details of the Australian resale royalty scheme for visual artists were announced by the Australian government yesterday which are due to take effect from July 1 2009 if the bill is passed when introduced to the parliament. The defining and most controversial characteristic of the proposed [...]
Sotheby’s Transparency Scandal – artmarketblog.com Sotheby’s is currently embroiled in a scandal involving several paintings sold at auction to CNET founder Hasley Minor who is refusing to pay for the works because Sotheby’s allegedly failed to disclose the fact that they had a direct economic interest in the works purchased by Minor. Last month Sotheby’s [...]
Art Auction for Barack Obama – artmarketblog.com A group of artists who wanted to provide some financial support for the Barack Obama presidential campaign have got together and organised an auction of donated artworks the proceeds of which will be donated to Obama campaign. According to the website for the auction (www.artforobama.net) “ART FOR OBAMA [...]
Australian Art Investment Fund – artmarketblog.com The growing popularity of art as an investment has resulted in the creation of a number of new art investment funds one of which is The Art Trust (http://www.thearttrust.com.au), an Australian based art investment fund. For those of you new to the concept, an art investment fund gives people [...]
