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

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ArtMarket® Insight contents

Art Paris Art Fair: Véronique Jaeger and Suzanne Tarasieve [07 Sep 2021]

The first Modern and Contemporary art fair to be held in the Grand Palais Éphémère (replacement building set up behind the Eiffel Tower while renovation work is conducted on the 19th century Grand Palais), Art Paris Art Fair is now open until 12 September 2021. We interviewed two directors of emblematic galleries present at the […]

Art Paris Art Fair: Guillaume Piens and Hervé Mikaelof [03 Sep 2021]

The first Modern and Contemporary art fair to be held in the Grand Palais Éphémère (replacement building set up behind the Eiffel Tower while renovation work is conducted on the 19th century Grand Palais), Art Paris Art Fair will finally be taking place from 9 to 12 September 2021. Ahead of the opening we interviewed […]

Banksy is the top living artist in Artprice’s turnover ranking for H1 2021 [01 Sep 2021]

Will future generations consider Banksy the most important artist of the early 21st century? In any case, that’s what the $123 million hammered in the first half of 2021 suggests, giving Banksy 5th position in Artprice’s general ranking (all periods combined) just behind the giants Picasso, Basquiat, Warhol and Monet. Whether we like it or […]

Art Market History : 30 June 1939. Lucerne [31 Aug 2021]

Before entering politics, Adolf Hitler had artistic inclinations. Having twice failed to get into Vienna’s Academy of Fine Arts, he had a strong opinion on the nature of art and its role in society. As of 1933 he was free to excise from German cultural institutions works of art considered incompatible with his own ideals. […]

Three dazzling results for Contemporary Art [24 Aug 2021]

They are young, talented and have inflamed auctions in Tokyo, London and Hong Kong … a look back at three Contemporary artists who offered us some of the most surprising results of the year… Ide Tatsuhiro (Tide) (1984) Two of us (2019) Low estimate: $9,493 Price: $480,345 SBI Art Auction Co, Ltd, Tokyo Estimated at […]

Capital gains and losses in the Contemporary art field [17 Aug 2021]

The Contemporary art market has posted a spectacular recovery with sky-high results worldwide and an unprecedented demand dynamic. But before presenting our analyses of the key figures and major trends in our upcoming Contemporary Art Market Annual Report (scheduled for publication in early October 2021), Artprice has looked at a number of resales that reveal […]

Focus on Eddy Kamuanga Ilunga [10 Aug 2021]

Revealed by the Saatchi gallery in 2015, Eddy Ilunga KAMUANGA (born in 1991) is one of the leading figures of new Congolese painting. Born in Kinshasa, Africa’s third largest city, he immersed himself as a child in American comics and assiduously copied Japanese mangas. The young boy’s imagination quickly learnt to travel between cultures and […]

Artprice analyses the art market’s dazzling recovery from the health crisis in H1 2021, fortified by its digital transformation [04 Aug 2021]

In the first semester of 2021 the art auction market managed to recover all of its dynamism. If all goes well, the art fairs which will resume in September. They will, however, have to contend with a substantially modified market characterised by the sensational arrival of NFTs and sky-high prices for works by very young […]

The 3 most expensive Contemporary artists of the year so far [27 Jul 2021]

The fact that Jean-Michel Basquiat is still the most expensive Contemporary artists at auction is not surprising. The African-American star, who died in 1988, is to Contemporary art what Picasso is to Modern art. On the other hand, the logic behind the other two artists in the year’s top 3 auction Contemporary results is more […]

Alexej von Jawlensky: the enigmatic image [23 Jul 2021]

Russian artist Alexej von Jawlensky, who died 80 years ago, had a strong influence on key developments in Modern art, a fact the art market appears to be waking up to… not just in Germany. Apparently, Alexej von Jawlensky (1864-1941) had a strong spiritual experience in front of a church icon when he was about […]

Focus on Cy Gavin [20 Jul 2021]

Cy GAVIN (born 1985) is originally from Pennsylvania, south of Pittsburgh. As a youngster, he was passionate about art and spent a lot of time in the Carnegie Museum of Art, which he sneaked into by a passage through the library, and then through the basements of the museum, not having the means to pay […]

Mr Christie, before Christie’s… His early days [16 Jul 2021]

The officially recognised start date of Christie’s auction activity is Friday 5 December 1766 when Mr James Christie hosted a sale of ‘the household furniture, jewelry, plates, firearms, etc… property of a noble character (deceased)” in London. Among other items, the sale included a pair of sheets, two pillowcases and two chamber pots… a banal […]

At just 34, Avery Singer has already reached $4 million at auction [13 Jul 2021]

The international enthusiasm surrounding Avery Singer’s work has less to do with a ‘rarity factor’ and more to do with the sustained pace with which her market – both primary and secondary – has been promoted over the last three years. Exhibitions in highly prestigious galleries (Kraupa-Tuskany Zeidler, Gavin Brown, Hauser & Wirth) and regular […]

Focus on Omar Ba [09 Jul 2021]

The grandson of a Senegalese infantryman, Omar Ba (born 1977) spent most of his time as a child drawing, but his parents wanted him to become a mechanic, a field in which he trained, without passion, for three years. He was subsequently admitted into Dakar’s school of the Fine Arts where he progressed but did […]

Artprice sees explosion of Contemporary Art and the Hi-Lite Movement in Southeast Asia [06 Jul 2021]

Hong Kong’s art auction market is about to post its best-ever first semester on record. According to our data, so far this year the city has generated 15% of total global fine art auction turnover. This growth is all the more remarkable as it is very largely based on sales of Contemporary and even Ultra-Contemporary […]

Flash News: Salon du Dessin in Paris – Freud + Hockney = $20.6 million – Phillips’ season ends on another high note [02 Jul 2021]

Paris drawing fair (Salon du Dessin) celebrates 30th edition After a 2020 edition canceled due to the pandemic and after months of lockdown, dealers and enthusiasts of artworks on paper are at last getting together around a top-quality selection of drawings from all periods. Until 4 July the Palais Brongniart in Paris will be hosting […]

Yet another white glove at Phillips! [29 Jun 2021]

After the excellent results at its Hong Kong sale with Poly auction on 7 and 8 June, the British auction company hosted yet another ‘white glove’ sale (all lots sold) on 23 June in New York, generating a total of $118.2 million. For Jean-Paul Engelen and Robert Manley, heads of 20th Century and Contemporary art […]

Flash News: Hockney by Freud – Tribute to Gérard Fromanger – Hauser & Wirth Monaco [25 Jun 2021]

Record expected for portrait of David Hockney by Lucian Freud There hasn’t been a single painting by Lucian FREUD auctioned for two years now. But collectors will at last have something to bid for because – almost ten years after the great artist’s death on 20 July 2011 – Sotheby’s is offering a small canvas […]

Sotheby’s last big sale before the summer [22 Jun 2021]

The final stretch of Sotheby’s major Contemporary art sales in Hong Kong, with 22 June as the last day of no less than 12 days of bidding. The particularity of this voluminous Contemporary art session is not only related to its duration and its online action, but also to its choice of curator: a certain […]

Fred Forest vs Beeple – Major success at Phillips [18 Jun 2021]

Fred Forest more expensive than Beeple… On 15 June, Fred FOREST – a French artist familiar with initiatives highlighting the speculative mechanisms within the art market – sent ripples through the art world by offering an NFT (on the specialized NFT platform, Opensea) purposefully priced above the result fetched by Beeple’s now famous digital collage […]

France’s place on the global art market six months after Brexit [15 Jun 2021]

In March earlier this year, Vincent Van Gogh’s Scène de rue Montmartre (Street scene in Montmartre) (1887) allowed France to reconnect with the very high-end of market. It generated the best French fine art auction result since the sale in October 2019 of Cimabue’s Christ Mocked. Sotheby’s and Mirabaud-Mercier chose Paris to sell this very […]

Focus on Jordan Casteel [11 Jun 2021]

That ‘new’ artists attract a lot of attention is nothing new in itself. However, the auction prices reached by recent ‘new’ artists is definitely a new phenomenon with some finding themselves propelled to levels way beyond those of very established Contemporary artists. It may seem surprising during a period as difficult as that of the […]

The most sought-after abstract works in Paris [08 Jun 2021]

On 3 June Christie’s Paris hosted a sale Post-War & Contemporary art sale with 120 lots, including works by César, Kosuth, Dubuffet and Richter. The sale was diverse in terms of style and with a large number of artists represented, but the clear winner was abstract art. Paris has a long history with abstraction. In […]

César in 2021 [04 Jun 2021]

César would have been 100 this year. This symbolic anniversary is an opportunity to refocus on his work and that is exactly what the César Foundation and the Almine Rech gallery are doing.   Classified as a New Realist, César (born César Baldaccini) was a major figure of post-war artistic creation. Born in Marseille on […]

Flash news about NFT [28 May 2021]

Results of the first NFT sale in Europe It was a first for the “old continent’: on 20 May, the European auction house Millon offered 13 NFTs for prices ranging between 400 and 20,000 euros in Brussels. The sale’s final tally was consistent with the overall estimate of 70,000 euros (approximately $85,000), without any of […]

Eli Broad: the unreasonable collector [25 May 2021]

“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore, all progress depends on the unreasonable man” George Bernard Shaw. Eli Broad made this maxim his own; he even alluded to it in the title of his autobiography / success manual published in 2012, […]

Women abstract artists [21 May 2021]

  They were daughters, sisters, wives, mothers, muses… but above all, artists A special focus The Pompidou Center in Paris has just reopened (19 May) with a major exhibition that highlights the contributions of a hundred female artists to the field of Abstract Art up until the 1980s (with a couple of unprecedented forays into […]

Afro-American Artist : focus on Noah Davis (1983-2015) [18 May 2021]

Noah Davis Is Gone, His Paintings Continue to Hypnotize declared Roberta Smith in the New York Times in February 2020, her article enthusiastically celebrating David Zwirner’s New York exhibition of Davis’s work five years after the artist’s untimely death from a rare form of cancer at the age of 32 . If Davis’s works had […]

Over a billion dollars worth of art sold in New York this week [14 May 2021]

The high-end art market appears to have regained its full strength with sales totalling $691 million at Christie’s and $677 million at Sotheby’s. This week’s activity clearly signals a return to pre-pandemic dynamism. The two auction majors have just dispersed nearly $1.4 billion worth of Impressionist, Modern and Contemporary works (11 – 13 May). We […]

Monet and Basquiat tomorrow at Sotheby’s… Over $40 million each? [11 May 2021]

On 12 May in New York, Sotheby’s will be hosting two evening sales: one dedicated to Impressionist & Modern art, the other to Contemporary art. The two most expensive works – a Monet and a Basquiat respectively – could each exceed $40 million. An important painting from Claude MONET’s Water Lilies series and one of […]

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