Real paintings by blue-chip artists remain the super-stars of the art market, says Artprice, the world’s leader in art information. The May activity clearly signals a return to pre-pandemic dynamism. The art market seemed to have forgotten its past and all of its reference points after the online sale of Beeple’s NFT Everydays (which … Read more
The US retained its position as the largest art market globally. Millennial collectors were the most active buyers – and spent the most. Female collectors had a higher average level of spending than men. The art market often mirrors the trends and economic developments, experts like Paul Donovan, Chief Economist, UBS Global Wealth … Read more
The results of Knight Frank’s unique Luxury Investment Index reveal the most coveted objects of desire in 2019, while the consultancy company’s data partners offer their insights on a selection of asset classes. In the 14th edition of The Wealth Report, Knight Frank identifies and explores the big themes dominating the agenda … Read more
According to the third edition of the Art Basel and UBS Global Art Market Report, in 2018 the global art market grew by 6%, reaching an estimated $67.4 billion. United States is extending its position as the largest art market and the United Kingdom is regaining its place as the second largest art market … Read more
Looking back, women did not become a regular part of art history’s narrative until the end of the 19th century. However, today’s secondary art market is still largely dominated by men. Women are still substantially under-represented on the global Art Market. According to Artprice’s founder/CEO thierry Ehrmann, “the generation now imposing itself on the … Read more
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