ArtMarket® Insight, la actualidad del mercado del arte

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The American art market is holding up well [13/06/2023]

After our overview of the French art market (see our article French art market: end of the post-covid rebound effect) which notes a sharp contraction in auction turnover at the leading art auctioneers since the beginning of the year (-38% for Christie’s France and -68% for Artcurial), Artprice by Artmarket takes a quick look at […]

Jaune Quick-to-See Smith [09/06/2023]

An auction record hammered at $642,600 last November, five times the high estimate and four canvases sold at over $400,000 each since the start of 2023: Jaune Quick-to-See Smith – absent from Artprice’s market rankings just a few years ago – now finds herself among the 300 most successful artists in the world in 2023. […]

Art market in France: the end of the post-covid rebound effect? [06/06/2023]

Is the French art market losing ground? This is the question we can ask after a sharp decline in French art auction turnover in the first part of this year, compared with the results obtained in the same period last year. In the semester of 2022, the French art market was boosted by some exceptional […]

Milton Clark Avery, 20th century American art’s forgotten precursor [02/06/2023]

Recognized for his figurative and intimate works, and later for works whose abstraction inspired Mark Rothko’s and Adolph Gottlieb’s Expressionism, Milton Clark AVERY (1885-1965) was a close friend of the giants of 20th century American art. Indeed their long weekly conversations contributed to the birth of the New York School and the blossoming of American […]

Review of Christie’s and Sotheby’s recent New York sales [30/05/2023]

The month of May is traditionally one of the most important periods of the year for the global art auction market, with Christie’s and Sotheby’s New York sales offering the very best 20th and 21st century art they can find. This year, the two world-leading auction houses generated over 1.7 billion US dollars in a […]

The pioneers of Vietnamese Modern Art are attracting strong demand [23/05/2023]

Over the last six years, since the first-ever 7-digit auction result for a work by a Vietnamese artist, the annual global auction turnover on works by Vietnamese artists first doubled, then almost tripled with a sharp acceleration in the number of auction records hammered over the past two years. Secondary market demand has been strong […]

A solid but still uncrowned Art Market after Christie’s first spring results in New York [16/05/2023]

  With no ‘absolute masterpieces’ on offer, there were no ‘mega’ results in Christie’s first major prestige New York sale of 2023. Lots of works fetched over $10 million on May 11, but none crossed the threshold of $50 million. Indeed last year’s peak at the same sale when Andy Warhol’s Shot Sage Blue Marilyn […]

Taipei Dangdai and Frieze New York Fairs [12/05/2023]

Certain collectors will be moving around the globe in May with two leading art fairs almost back to back at opposite ends of the planet: the Taipei Dangdai in Taiwan, and the Frieze in New York. We take a quick look at some of the things you can expect to see at the young Asian […]

Christie’s New York: quick overview of their May masterpieces [09/05/2023]

The world’s leading art auction house has announced a series of exceptional sales for the month of May, including Modern and Contemporary art from major private collections. Under the title Christie’s 20/21 Century, Christie’s May sales in New York will bring together works spanning a whole century of art from the Sandra and Gerald Fineberg […]

Sotheby’s upcoming New York sales in May: a quick look at some of the most anticipated masterpieces [05/05/2023]

In ten days New York’s spring prestige sales will begin, one of the major highlights of the global art market calendar. We highlight a small selection of masterpieces that Sotheby’s will be offering. A canvas from Magritte’s famous series L’Empire des lumières (The Empire of Lights) with a high estimate of $55 million; Gauguin’s Nature […]

Sol Lewitt’s first result above $1 million [02/05/2023]

In February 2023 a work by Sol Lewitt fetched over a million dollars at auction, a threshold never before reached by the American artist who died in 2007 after half a century of demanding conceptual creation. A minimalist sculpture in large dimensions (more than 3×3 meters), the piece was offered by Sotheby’s as part of […]

Prints: The Sale of the Century… one of the most important collections of prints ever put up for auction [28/04/2023]

Christie’s had already started the season well: its sales of Contemporary prints were marked by BANKSY’s NOLA (Green Rain) which fetched $184,000 in London and David HOCKNEY’s Walking Past Two Chairs which sold for $57,600 in New York. Then there were the good results in its Prints and Multiples online sale that generated a total […]

Works co-signed by Jean-Michel Basquiat and Andy Warhol are currently showing at the Fondation Louis Vuitton in Paris [25/04/2023]

While a canvas by Andy Warhol generated the art auction market’s second best-ever result last year (at $195 million) and a work by Jean-Michel Basquiat fetched over $110 million in 2017, the prices of works jointly produced by the two artists peaked at $11 million almost nine years ago. But that value differential hasn’t discouraged […]

News bites: Picasso commemorations – Chagall sales – Kusama results [21/04/2023]

  Picasso commemorations Pablo Picasso died half a century ago, on April 8, 1973 at his home in Mougins, in the south of France. To commemorate his passing, more than 50 exhibitions have been organized around the world and the auction market can expect a very substantial offer this year. Already, since the start of […]

Review of Q1 art market through the prism of three rankings [18/04/2023]

In the first three months of 2023, more than 147,000 artworks changed hands at auctions around the world, but only 13 generated results above the $10 million threshold. If we lower the bar to 7-digit results (<10 million, but > 1 million), there were just under 300 results in this price range, representing less than […]

The top 10 drawings at auction in Q1: China leads [14/04/2023]

In view of Chinese auction results hammered during the first quarter of this year, the Chinese art market is recovering from its covid-related trough. And if we look specifically at global auction results for artworks that are classified as drawings, the top 10 results in Q1 reward nine Chinese artists and only one Western artist, […]

Ceramic creations on the Contemporary art auction market [11/04/2023]

Artists who produce artworks in ceramics – either as their primary activity or as a sideline to work in other mediums – are more numerous than one might expect. Indeed, the outer limits of this art form are being pushed further and further back. Historically associated with the great art of sculpting statues, then relegated […]

Contemporary African art: two artists to follow [07/04/2023]

The first is Moroccan, the second Beninese: M’barek Bouhchichi and Moufouli Bello have both generated international interest, but still have very modest auction profiles. We take a closer look at the work of these two artists who both paint figurative portraits, a genre that has been very popular at auctions for a couple of years. […]

Hokusai’s Great Wave reaches a new milestone [04/04/2023]

A few days before the opening of the exhibition Hokusai: Inspiration and Influence at the Boston Museum of Fine Arts (March 26-July 16, 2023), one of the finest known proofs of Hokusai’s Great Wave off Kanagawa revised the artist’s auction record by fetching $2.76 million at Christie’s during Asian Week (vs. an estimate of $500,000 […]

Contemporary African Art: another record year at auction [31/03/2023]

Contemporary African art has become a staple element of the global art market with auctioneers like Piasa, Artcurial, Bonhams and Sotheby’s regularly hosting dedicated sessions, and Christie’s and Phillips constantly looking for works by African artists to supply their generalist sales of Contemporary art. And, as their interest in the segment has grown, so too […]

Germaine Richier: major retrospective [28/03/2023]

Richier was the first female sculptor exhibited at the National Museum of Modern Art in Paris in 1956. Nearly 70 years later, the Center Pompidou in Paris is – at last – hosting an unmissable retrospective of her work, bringing together 200 works.   Born in 1904 in France’s Provence region, Germaine RICHIER was not […]

Man Ray and his muses [24/03/2023]

A few months after a new auction record was hammered at over 12 million dollars for a work by Man Ray, we take a selective look back at the artist’s female muses and the genesis of some of the most famous shots in photographic history. Emmanuel Radnitzky, aka MAN RAY, was born in 1890 in […]

Paris celebrates drawing [21/03/2023]

This week the French capital hosts its traditional week of fairs and exhibitions dedicated to the art of drawing and all forms of artistic creation on paper. The events include the Salon du Dessin at the Palais Brongniart and the Drawing Now Art Fair and several auction sales.   The action will start at the […]

The Art Market in 2022 [14/03/2023]

The 2022 Global Art Market Report by Artprice by Artmarket.com & ARAA (Artron Research Academy of Arts) This year, which marks its 25th anniversary – the equivalent of a century on the Internet – Artprice is particularly proud to publish the Global Art Market Report with its long-standing partner, Artron. In 2022, the art market […]

Focus on Yun Hyong-keun 윤형근 : Calligraphied matter [10/03/2023]

“What is painting? I still don’t really know the answer. Is it a mere trace from combustion of life?” – Yun Hyong-keun, 1976 At the height of his fame in Korea and around the world, the young singer RM – leader of the K-Pop phenomenon known as BTS – recently released a solo album titled […]

Christie’s London: the first results [07/03/2023]

On the evening of February 28, a session dedicated to Surrealist Art concluded Christie’s first series of 20th and 21st century art sales of the year in London. The “20th/21st Century: London Evening Sale” session generated $155.38 million and was immediately followed by the 22nd edition of “The Art of the Surreal Evening Sale”, which […]

Outsider art soon to be celebrated in New York [28/02/2023]

The 31st annual Outsider Art Fair – the only fair championing self-taught artists from around the world – will be hosted from 2 March to 5 March 2023 at the Metropolitan Pavilion in Manhattan. By bringing together some sixty exhibitors from eight countries this year, the fair promises a wide variety of unusual creations, by […]

Lucian Freud still rising [24/02/2023]

Lucian Freud is the most expensive painter of German origin. His latest record, hammered last November, happens to be twice that of Gerhard Richter. Lucian FREUD (grandson of the psychoanalyst Sigmund Freud) was born in 1922 in Berlin and died in July 2011 at the age of 88. Today he is one of the most […]

Andy Warhol… still hugely successful at auction [21/02/2023]

In 2022, Andy Warhol was once again the top-selling artist in the auction world with a turnover total of $590 million. Thirty-six years after his death, creations by the figurehead of American Pop Art are still gaining in value, and Warhol is still one of the most popular artists of our time. Last year, no […]

Alex Katz: last chance! [17/02/2023]

Only three days left to discover the major Alex Katz retrospective currently showing at the Guggenheim in New York (ends 20 February) and which has substantially accelerated the nonagenarian’s auction market. Gathering The exhibition Alex Katz: Gathering occupies the rotunda of the Guggenheim Museum designed by Frank Lloyd Wright and an adjacent gallery. The entire […]

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