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ArtMarket® Insight - what's trending on the art market

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ArtMarket® Insight contents

Inside Outsider Art [17 Jan 2020]

It’s almost a textbook case: when a movement, disconnected from any existing networks, begins to gain visibility – often via self-funded exhibitions – and brings together a small community of artists, connoisseurs and collectors, it already has a reasonable chance of sticking. Then galleries get involved… public recognition starts to pick up… the artists’ works […]

Kiki Smith in Paris… last chance! [14 Jan 2020]

Curator Camille Morineau organised the vast retrospective of Kiki Smith’s work that is currently showing in the 10,600 ft² of the Monnaie de Paris until 9 February 2020. It’s the first solo show by this American artist in a French institution and it represents a unique opportunity to discover her singular, poetic and powerful universe, […]

Bonhams and Sotheby’s, two auction houses determined to support African art [10 Jan 2020]

The auction houses have not found it an easy task to bring Modern and Contemporary African art to the eyes of international collectors, but some of them have shown remarkable tenacity, giving the works time to find their audience. After several years of disappointment, demand is clearly on the ascent with their turnover from African […]

Taipei Dangdai Art Fair, interview with Magnus Renfrew [07 Jan 2020]

With over 20 years experience in the international art world and recognised expertise in its Asian sphere, Magnus Renfrew launched a new art fair in Taiwan last year: TAIPEI DANGDAI. After a successful first edition, Renfrew explained to Artprice the logic of offering a quality fair in Taiwan, alongside Hong Kong’s highly successful event. Magnus […]

Sanyu… China’s Matisse [31 Dec 2019]

Sanyu… China’s Matisse After Zao Wou Ki, Sanyu has become yet another highly appreciated signature on the global art market’s Sino-French segment, with the prices of his best works now approaching those of Matisse. According to the Dutch art critic Jan D. Voskuil – writing in 1932 when SAN Yu was just 31 – The […]

Our “blue chip” artists index outperforms the S&P 500 [27 Dec 2019]

over the long term and posts a 3.3% increase for 2019 American stock markets have been super buoyant this year: the S&P 500 started the year at 2,510 points and reached 3,190 points this Tuesday, 17 December 2019. That’s a 26.2% increase over 12 months… adding more than a quarter to this fundamental index’s historical […]

The relationship between Chinese artists and Western culture [24 Dec 2019]

After World War I, China implemented a major program of sending young talents to the other end of the world… and, very often, to the other end of the silk road, with the objective of ‘acquiring new knowledge’. The arts were just one of the many disciplines that these talented young Chinese students came to […]

Top 10 of the most expensive artworks in 2019 [20 Dec 2019]

Artprice regularly reviews the top 10 ranking of artworks that have fetched the highest prices on the global art auction market… works that have excited and moved global buyers more than any others. As the year-end is an appropriate moment for tallies and totals, here is an update of the most spectacular Fine Art auction […]

Zao Wou-ki and Zhang Daquian, the two giants of the Chinese market [17 Dec 2019]

In our 2019 global ranking of artists by auction turnover, China’s two top-selling artists are posting totals on a par with those of Western artists like Claude Monet and Andy Warhol. With a combined total of over $385 million this year, Zao Wou-ki and Zhang Daqian’s results have driven the market. Zhang Daqian, Strange Pines […]

The Paris art market gains in quality [10 Dec 2019]

Sotheby’s stands out from its competitors in Paris. A month after the records hammered at its Claude and François-Xavier Lalanne sale – 100% of the lots sold and the highest total for a Sotheby’s sale in Paris (€91.3 million versus an estimated high total of just 23 million!) – the company has ended the year […]

Bamako Encounters has evolved… [06 Dec 2019]

For the 12th year running the Malian capital, Bamako, is hosting this major event dedicated to photography, become the largest of its kind in Africa. Coinciding with the 25th anniversary of the project, Encounters is expected to attract some 5,000 visitors between 30 November 2019 and 31 January 2020, and is likely to send ripples […]

An exceptional season for Christie’s in Hong Kong [03 Dec 2019]

“In spite of the current geopolitical challenges, the market is confident” said Francis Belin, Head of Christie’s Asia-Pacific zone, after their programme of Hong Kong sales in November. In five days, Christie’s HK sales generated a total turnover of $337 million which included $159.7 million from its sales of 20th Century & Contemporary Art of […]

Art Basel Miami Beach and Cie 2019 [28 Nov 2019]

Art Basel Miami Beach, Convention Center Art Basel has managed to stretch the Contemporary Art Fair concept to its limits, turning its Floridan incarnation into a veritable marathon! The central event of the 18th edition in Miami will host no less than 269 major international galleries from 32 countries, showing work by more than 4,000 […]

Five very important painters over 99 years old [26 Nov 2019]

Pablo Picasso was 56 when he painted Guernica in 1937, and some say it was the pinnacle of his career, with his best works already behind him… It was sometimes suggested that during his 35 remaining active years, Picasso – the most imaginative of the artists of the 20th century – never reached the same […]

The photography market’s top sales… from Paris to New York [22 Nov 2019]

Every November Paris hosts a multitude of special events dedicated to photography. This year the core fair, Paris Photo, was accompanied by numerous “off” fairs and auction sales, as well as a whole series of special exhibitions at Parisian cultural institutions. The result was a rich and highly diverse program attracting a record number of […]

Stability: the new market standard? [18 Nov 2019]

Following their Impressionist & Modern Art sales last week, Christie’s and Sotheby’s Contemporary Art sessions generated a combined total of $595.8 million, down 11% on last year’s total, but still reflecting a remarkably buoyant market. After New York’s latest round of major Contemporary Art sales, an article in the New York Times suggests that stability […]

New York’s Impressionist & Modern sales post turnover down 32% on 2018 [15 Nov 2019]

Impressionist & Modern masterpieces are still fetching high prices with a new record for Umberto Boccioni and a strong result at nearly $20 million for a work by Gustave Caillebotte… but there weren’t any really big-ticket trophies. Christie’s and Sotheby’s prestige sales kicked off on 11 November with, as usual, two Imp/Mod catalogues containing roughly […]

Art Düsseldorf by Walter Gehlen [12 Nov 2019]

With Art Düsseldorf opening on 15 November, its director Walter Gehlen discusses the strategy underpinning the success of this young German fair with Art Market Insight. Walter Gehlen, Director of the Art Düsseldorf. Copyright: Oliver Tjaden Can you give us a rough outline of the key steps in your career that have led to you […]

Lucian Freud by Lucian Freud [08 Nov 2019]

When asked if he thought he was a good model for his own work, Freud replied “No, I don’t accept the information that I get when I look at myself, that’s where the trouble starts.” Lucian FREUD (1922-2011) – one of the world’s greatest Post-War portrait painters – changed the way we look at anatomy… […]

Excitement when the market discovers old treasures… [05 Nov 2019]

On 27 October an auction house in the Oise region north of Paris hosted an event that sent ripples throughout the art world: the offer of a rare and newly-discovered Cimabue painting. The result represents a new world auction record for a ‘Primitive Christian’ painting. Behind the public sale of this small wood panel depicting […]

Shanghai brimming with art… [01 Nov 2019]

Shanghai is a superb artistic destination this November with – among other events– the inauguration of the Shanghai branch of the Pompidou Center… a Pierre Soulages exhibition at the city’s Perrotin Gallery… Zhou Chunya at the Long Museum… and the prestigious West Bund Art & Design Fair (7-10 November). Image Courtesy of West Bund Art […]

The new MoMA: bigger… more rotation… and greater diversification [29 Oct 2019]

One of the world’s most important artistic institutions, the MoMA, came into being at the end of the 1920s after a small group of rich New York benefactors, the famous Daring Ladies (Lillie Bliss, Mary Quinn Sullivan and Abby Aldrich Rockefeller), made an initial gift of eight prints and a drawing… almost nothing. Nevertheless that […]

Christie’s and Sotheby’s kick off Paris sales [25 Oct 2019]

Now well established in the Parisian sales calendar, Christie’s and Sotheby’s both took advantage of the FIAC’s power of attraction with international collectors to organize, during the same week, their Impressionist & Modern Art sessions in Paris, offering catalogues that celebrate the influence of the French avant-garde. For the past four years, Christie’s has presented […]

Anselm Kiefer: success from Lyon to Beijing [22 Oct 2019]

There is plenty to see by German artist Anselm Kiefer at the Lyon Biennale. Having lived and worked in France since 1993, Kiefer is particularly appreciated in his country of adoption and has received numerous French awards for his work over the years. His work has been the subject of major exhibitions, including Monumenta at […]

Flash News: $12.2m for Banksy – New records at Christie’s – Nara, Japan’s most expensive living artist [18 Oct 2019]

As Artprice by Art Market has just released it Annual Contemporary Art Market Report, we take a look at the first auction records of the new season. $12.2 million for Banksy’s political parody  Devolved Parliament is a huge painting (250 x 420 cm) completed 10 years ago, the biggest known canvas by Britain’s most popular living […]

Boltanski in the “recomposed past” [15 Oct 2019]

  Signs reading “START” at the entrance to the exhibition and “FINISH” at the exit somewhat enigmatically suggest that visitors should experience the show as a voyage from one place to another (possibly, even, from birth to death… also suggested by the show’s title “Faire son temps”). Gallery 1 of the Pompidou Center in Paris […]

The Gagosian’s grand projects for the late Simon Hantaï (1922-2008) [14 Oct 2019]

Yesterday, 13 October 2019, the Gagosian Gallery inaugurated in its wide space at Le Bourget, on the outskirts of Paris, a first exhibition dedicated to Simon HANTAÏ, whose estate the international gallery now represents worldwide. Titled LES NOIRS DU BLANC, LES BLANCS DU NOIR, the exhibition focuses on canvases and prints made between 1969 and 1997, […]

Flash News : Munich: Paper Positions expands and Highlights celebrates 10 years – Olafur ELIASSON at the Tate Modern [11 Oct 2019]

Munich: Paper Positions expands and Highlights celebrates 10 years The first edition of the new POSITIONS Munich Art Fair will be held from 17 to 20 October 2019 at Reithalle Munich. Victim of its success, the fair has expanded to include works of Modern and Contemporary Art (all mediums combined) and a smaller section will […]

The Contemporary Art Market Report 2019 [07 Oct 2019]

The Contemporary Art Market Report 2019 Editorial by thierry Ehrmann, Founder/CEO of Artprice by Art Market In commercial terms, the trade in Contemporary artworks is today a veritable market within a market. Our 21st Contemporary Art Market Report focuses on the over 70,000 Contemporary works now bought and sold annually at auctions around the world. […]

Flash News: Cimabue discovery – Zao Wou Ki and Sanyu masterpieces – A major de Staël to be offered [04 Oct 2019]

Extraordinary Cimabue discovery… “Proud as the century in which he lived, he (Cimabue) perfectly depicted the faces of the people that populate his works, especially those of the elderly, portraying them in a strong and sublime manner that later artists were unable to capture”. (L. Lanzi, Storia pittorica della Italia). CIMABUE (c.1240/50-c.1302) on sale at […]

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