ArtMarket® Insight, la actualidad del mercado del arte

The leaders of the contemporary art market [12/06/2005]

Against the backdrop of the Venice Biennale, Artprice has compiled an original ranking of the contemporary artists who have generated the largest volume of turnover on a country by country basis. To this end, Artprice has identified the contemporary artist (born after 1940) who has generated the highest revenue at auction in each of the world’s principal art markets.

June: a veritable marathon for aficionados of contemporary art [09/06/2005]

This year the month of June is offering art collectors and dealers an extremely busy schedule of artistic gatherings across Europe. The key events are the Venice Biennale, and the Basel Art Fair.The 51st Venice Biennale will open to professionals on 9 June and to the public on 12 June. In 2003, the 50th edition of this magnificent exhibition of contemporary art attracted more than 260,000 visitors.

Is France’s contemporary art market in crisis? [07/06/2005]

On 9 May 2005, François Pinault abandoned his plans to turn Renault’s old factory site in Boulogne-Billancourt into a contemporary art foundation. Worn down by bureaucratic obstructions, he opted instead to take his collection to Venice’s Grassi Palace. It was one of precious few cultural projects in France not to rely on public subsidy and would have created a rival for London’s Saatchi gallery and a great opportunity to promote French contemporary art.

Forecasts for 2005 show that Artprice’s marketplace should top the leading auction house worldwide in terms of volume [22/05/2005]

In its 2004 report on art market trends, Artprice recorded a total of 63,126 works of Fine Art for the three leading auction houses (Christie’s, Sotheby’s and Bonhams) in terms of volume.This figure is particularly interesting when compared with the recent study carried out by Artprice’s Econometrics Department.The study shows that, in terms of the daily volume of works advertised on its standardised marketplace, Artprice should record a total of at least 45,000 works of Fine Art (based on low-end forecasts) in 2005, i.e. 14.3% of the volume of Fine Art auctions worldwide.

Modern Sculpture takes centre stage… [19/05/2005]

Over recent months collectors have shown particularly strong interest in the mediums of photography…and sculpture.

Contemporary art market: Christie’s beats the record for an art auction with USD 133.7 million [12/05/2005]

On 12 May 2005, Christie’s set a new record for a contemporary art auction, generating USD 31.7 million more than the existing record of USD 102.7 million also set by Christie’s last year. It only took 65 lots to reach USD 133.7 million. As spectacular, 17 records were beaten during this evening session alone. The record-breakers include notably Franz Kline, Edward Hopper, James Rosenquist, Elizabeth Peyton, Richard Prince and Peter Doig.

Record contemporary art sales in New York [03/05/2005]

Christie’s, Sotheby’s and Phillips de Pury, the three largest auction houses, will offer a total of 1,209 contemporary artworks during their respective auctions in New York between 10 and 13 May 2005.

Overly high estimates at Sotheby’s [03/05/2005]

The Impressionist & Modern Art auction at Sotheby’s yesterday was not as successful as predicted. The atmosphere was not as festive as last year, following the sale of Picasso’s “Garçon à la Pipe”. In fact, the sale raised only USD 91 million, almost USD 100 million less than last year and USD 26 million below the combined low estimates.

Diane Arbus tops the photography sales [02/05/2005]

The photography sales in New York at Christie’s, Phillips and Sotheby’s between 26 and 28 April were a tremendous success. Together, the three auction houses generated over USD 14 million. Christie’s boasted the most successful auction, generating USD 5 million from the 334 lots sold. The highest hammer price was USD 350,000 for “Child with a Toy Hand Grenade, Central Park, N.Y.C” by Diane Arbus.

Chuck Close – star attraction at contemporary art sales [19/04/2005]

After gaining acclaim with his major exhibition at the Metropolitan Museum of Art in 2004, Chuck Close is expected to be a big success at auctions this year. On 10 May, at its evening contemporary art sale, Sotheby’s New York will be auctioning two pieces that are likely to outdo the artist’s current record.

Historically unprecedented prices in New York [17/04/2005]

The Artprice Global Index rose 5.2% between 1 January and 1 April 2005, contributing to a 57% rise in total over ten years.

In the United States, the trend has intensified on the back of the weak dollar. Prices have risen further by 7.5% to currently 1% above May 1990-levels, the peak of the speculative bubble at the time! Prices for artwork have never been so high in New York.

Canaletto: Star of the auctions of Old Master Paintings at Christie’s and Sotheby’s [11/04/2005]

Giovanni Antonio CANAL will be the star attraction at both Christie’s and Sotheby’s on the 6 and 7 July 2005.Originating from the Champalimaud collection, Canaletto’s “The Bucintoro at the Molo on Ascension Day” should be one of the highlights of Christie’s London sale, with an estimate ranging from GBP 4-6 million. The auctions will also feature two other views of Venice by the same artist: Venice, “View of the Grand Canal from Palazzo Balbi to the Rialto Bridge” (GBP 6-8 million) and “Venice, View of the Grand Canal from Palazzo Flangini to S. Marcuola” (GBP 5-8 million).

European art collection to be sold at Christie’s Paris [10/04/2005]

On 14 April, Christie’s Paris will sell 46 post-WWII works belonging to two European collectors.The sale is expected to generate close to EUR 1.5 million in turnover. Most of the artistic movements featured are French: New Realism, Figuration Libre, Figuration Narrative and a large selection of French post-war abstract art.

5,000 works of art permanently on offer on the new standardised marketplace [06/04/2005]

After only two months since its launch, Artprice’s new marketplace for artwork continues to boom. In March, Artprice’s Classified Ads section counted 450,000 visitors. At the beginning of April 2005, over 5,000 works by almost 4,000 artists were up for sale every day on this marketplace! By way of comparison, Art Basel and the FIAC each exhibit 1,500 artists.

Contemporary Art Auction in Paris focused on New Realists [05/04/2005]

On 19 April, the auction house Cornette de Saint Cyr well be the venue for a major auction of contemporary art dedicated to the New Realists and entitled “The ‘New Realists’, Contemporary Art, Banque Worms Collection”. This is not the first time.

Modern photography in the spotlight at Christie’s, Sotheby’s and Phillips [04/04/2005]

From 26 to 28 April, nearly a thousand photographs will be offered at the photography auctions held successively at Christie’s, Sotheby’s and Phillips de Pury.The highlight of these auctions will – as always – be the sale of a large number of quality modern prints.

Max Ernst (1891-1976) [03/04/2005]

Between 7 April and 10 July, the Metropolitan Museum of Art will host a retrospective of Max Ernst, the first of its scale to be shown in New York in thirty years. Through some 180 works, including paintings, collages, drawings, sculptures and illustrated books, the exhibition shows the diversity of the work of one of the pillars of the surrealist movement.

Surrealist photography market [30/03/2005]

“Begierde im Blick” (the Gaze of Desire) is the main theme of the major exhibition on surrealist photography held at the Kunsthalle, Hamburg running until 29 May 2005.An element of the surrealism movement since its beginnings in 1924, photography allowed to capture images and sensations taken from “real” life. For MAN RAY, Jacques-André BOIFFARD, Hans BELLMER, Manuel ÁLVAREZ BRAVO, Raoul UBAC, André KERTÉSZ, Herbert BAYER and Claude CAHUN, photography provided a way to present a surrealist vision of the world: an impossible reality.

Artparis now opens its doors in the spring [29/03/2005]

Now in its 7th year, Artparis 2005 will open its doors for the first time in the spring, from 31 March to 3 April 2005 at the Carrousel du Louvre. Traditionally this modern and contemporary art fair has taken place in October within a few days of the FIAC. Because Artparis was previously in the “shadow” of the leading French contemporary art fair, the organisers decided to change the date to enhance its visibility and attract new galleries.

Sotheby’s unveils the highlights of its upcoming “Impressionist & Modern Art” auction [28/03/2005]

Like its competitor Christie’s, Sotheby’s holds its biggest sale every year in early May. The prestigious “Impressionist and Modern Art” evening sale will take place on 3 May 2005 in New York. The same thematic auction last year, which included 34 works from the Whitney Collection, proved a huge success and generated USD 190 million in turnover.

Egon SCHIELE (1890-1918) [24/03/2005]

A major exhibition opened on 25 March 2005 at the Van Gogh Museum in Amsterdam on the work of the Viennese Expressionist Egon Schiele (1890-1918). Nearly one hundred pieces, including some twenty paintings, are being featured at the Netherlands’ first-ever retrospective of the artist.

The Neo-Impressionist market [23/03/2005]

From 15 March to 10 July 2005, the Musée d’Orsay is showing 120 neo-impressionist paintings as part of its major exhibition entitled “Neo-Impressionism: from Seurat to Paul Klee”. The exhibition begins with works by Georges Seurat, the movement’s founder, and rounds off with works by artists who were influenced by the movement, such as Matisse, Derain, Kandinsky and Maurice de Vlaminck.

Structural changes in the photography market [22/03/2005]

Since the boom in the photography market in 1999, the number of photographs sold at auction has never been as low as it was in 2004. According to Artprice data, 7,000 photographs went under the hammer last year compared with nearly 9,200 in 2000. Yet, the turnover generated from these sales (USD 70 million) has never been so high, representing a 31% increase on 2003.

Contemporary photography: +35% in 2004 [21/03/2005]

In the mid-1990s, paintings were the only medium in the art market that investors considered of any speculative interest. But recently, with growing demand and a wave of artistic renewal, other creative formats have proved as, or more, lucrative than paintings. The photography market has been expanding rapidly for the past five years and is today one of the art world’s fastest-growth segments.

Jean-Michel Basquiat (1960-1988) [21/03/2005]

The Brooklyn Museum of Art (New York) is currently hosting a major exhibition of Jean-Michel BASQUIAT´s work. This major survey includes 70 artist´s pieces.Concurrently, another exhibition is organised at the commercial gallery Cheim & Read.

UK and US art markets ever stronger in the first quarter [20/03/2005]

Prices of artwork continued to rise over the first quarter of 2005. Having posted a 19% rise on the Artprice Index for 2004, art prices in dollar terms ballooned by a further 5.8% between 1 January and 1 March 2005! This trend of price increases, that is driving the art market, continues to intensify.

Joseph Beuys at the Tate Modern [14/03/2005]

The new exhibition “Actions, Vitrines, Environment” at the Tate Modern in London features the work of Joseph Beuys and runs until 2 May 2005.

Art Market Trends 2004 [14/03/2005]

Art Martket Trends 2004 Contents Art price latest trends Art market places Contemporary ArtHow do the art market heavyweights measure up? TOP 100 auction records 2004 Art Market Trends 2004Art Market Trends 2003Art Market Trends 2002   14 pages Download the file To download the file, you could also save it on your hard drive […]

Abstract expressionism: the spearhead of Christie’s auction of contemporary art [13/03/2005]

Willem DE KOONING, Mark ROTHKO, Arshile GORKY, Franz KLINE, Robert MOTHERWELL, the core artists in the abstract expressionism movement, also known as the “New York School”, will feature at the “Post-War and Contemporary Art” auction at Christie’s on 11 May 2005.

Yves Klein at the Guggenheim [09/03/2005]

In 1962 Yves Klein died prematurely at the age of 34 having worked as an artist for only eight years. However, despite its brevity, Klein’s artistic career was one of the most brilliant in the second half of the 20th century. Until 2 May 2005, the Guggenheim Museum in Bilbao is tracing Klein’s career in an exhibition of around a hundred of his works.