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
Christie’s maintains global leadership Position in the art business
30% of all buyers were new with many initiating activity through digital art sales (20%). Christie’s, the world’s leading art business, entered its 250th year, by announcing a total of £4.8 billion / $7.4 billion in sales for the last twelve months. 2015 sales were down 5% (by£) for the same period in 2014. The … Read more
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
Are the most expensive paintings ever worth their prices? A definitive ranking
On Monday, Modigliani’s Reclining Nude joined an elite band of artworks that have commanded over $150m at auction or private sale – but are they worth it?
The blooming art business. Top ten lots for Christie’s in a record half year of art sales
It is a new era of excitement and engagement about art and for art. Art business globally shows no signs of slowing down. Christie’s auction house reported record half year in the art sales, with 51 works of art being sold for over $10 million, and record breaking six months in Post-War & Contemporary Art. The … Read more
Sotheby’s and eBay to sell world class art and collectibles online
As technology evolves and mobile commerce becomes ubiquitous, collectors are increasingly purchasing high-end items online and even on-the-go from their mobile devices. The international art business and auctioneer Sotheby’s and eBay, the global leader in online shopping, are developing an online platform for acquiring works of art, antiques and collectibles. The global art market is … Read more