Christie’s Auction House Sales Are Up 26%, Leading The Art Market

  Christie’s Auction house sales are up 26% to almost £3 billion, leading to the highest half-year total in company history. 80% of the highest selling objects in the first half of 2018 were sold at Christie’s. Continued global demand, audience engagement with the diversity of collecting categories and the historic Rockefeller sales helped drive … Read more

Art market faces uncertain 2017 after falling values and high-profile disputes

A drop in volume, court battles and authenticity issues dogged 2016 and no one is sure if the new presidency will be good or bad for business

World art market stalls for first time in years

Fall of 7% a function of slowing at cheaper end of market with record prices at top end continuing to make headlines

Art market in ‘mania phase’ and risks bursting of the bubble, report says

Experts expect a ‘severe correction’, particularly in contemporary and American art, after years of spiralling prices and celebrity and luxury obsession

The art market reached its highest ever record level of sales

This year’s TEFAF Art Market Report shows that in 2014 the global art market reached its highest ever-recorded level, a total of just over €51 billion worldwide, a 7% year-on-year increase taking it above the 2007 pre-recession level of €48 billion. The TEFAF Art Market Report 2015 is a wide ranging report that examines the global … Read more

Stop flogging statues, and give museums a slice of the art market pie

An Egyptian statue from Northampton museum has been sold for £16m. There has to be a better solution to the funding crisis