London may be able to draw on its long history and strong reputation for Fine Art sales. But it cannot ignore the energy that is today emanating from the Ultra-Contemporary and art-NFT market. Artmarket.com: Frieze London in the context of Hong Kong’s rapid growth and other art market changes observed by Artprice. After the UK … Read more
Christie’s Global Sales Achieve £3.3 B / $4.1 B in First Half 2022 “Our results in the first half of 2022 have been remarkably strong, with many memorable moments like the sales of Warhol’s Marilyn and of the Bass collection in New York, and of the Givenchy collection in Paris. These results have been achieved … Read more
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
A recent USB report found wealthy investors are increasing their cash reserves, adding to growing evidence suggesting they see trouble on the horizon
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