Category: Art market

Ministry of Culture hails booming art market thanks to Tehran auctions

TEHRAN — Iran’s Deputy Culture Minister for Art Affairs Mahmud Salari said his office welcomes any boom in the art market resulting from Tehran’s auctions. The 15th edition of the Tehran auction took place last week and raised 1,588.9 billion rials (over $5.9 million). The 80 works offered at this auction have been sold. Following […]

Booming NFT Art Market Plagued by ‘Breathtaking’ Fraud, Marketing & Advertising News, ET BrandEquity

Before his passing in 2019, Dan Howard was a concept artist, working with major video game companies and posting his designs online, where he amassed a loyal fan base. In late 2021, an anonymous online account began auctioning off Howard’s work in the form of non-fungible tokens (NFTs), a kind of digital asset often tied […]

Crypto Moguls Help Drive Global Art Market To All-Time Highs In 2021 | The art market

The global art market has reached record highs in 2021, with billions of dollars paid for works by Impressionist, post-war and contemporary artists, and much of it purchased by people whose wealth comes from cryptocurrencies or other technologies. Over $2.6bn (£2bn) of art was sold in two weeks by major New York auction houses in […]

The Art Market at a Glance: 5 Charts That Map the Biggest Changes in the Industry This Year

If a picture is worth 1,000 words, then a graphic should speak at least 3,000. At Artnet News Pro, we’ve worked to make sense of the wild and often obscure art market. Often the clearest way to do this is to track changes and trends with data. Below, we’ve rounded up five of our most […]

Art market celebrates Bundjalung culture – The Echo

Art in the Bundjalung market. Artwork by the merchant, Kylie Caldwell. Photograph by Kate Holmes Art, celebrating the creative and cultural heritage of the Bundjalung region. The free family event features authentic Indigenous artwork and a chance to meet the creators. The works feature traditional and contemporary materials including weaving, ceramics, sculpture, photography, painting, and […]

Things to do: 2 Holiday plays, Aboriginal art market and Reggie Watts | Arts & Theater

Here’s a quick guide to some upcoming arts and cultural events around Missoula over the coming week. Reggie Watts Annual Wilma Show As always, expect the unexpected when unclassifiable comedian/musician Reggie Watts makes his annual Wilma appearance. The Great Falls High School grad has made them a regular stop on the way home for the […]

The art market has changed dramatically. Here’s how to buy art today

Written by Jacqui Palumbo, CNN For a long time, the art market has been “a secret world of whispers,” according to art consultant Kim Heirston, who began her career working in galleries in downtown New York three decades ago. Then, as the archivist of the late gallery owner Robert Miller, she saved and shared only […]

Weekend events and music: “The Nutcracker”, reminder of the Art Market, Holiday Ball, Skating with Santa Claus, and more

Left: (ART 321, Facebook) Right: (Rising Star Tumbling and Dance Studio, Facebook) CASPER, Wyo. – The holidays are in full swing and the weather has finally taken notice. Hearts and bellies will be warmed inside during family celebrations, including a fantastic holiday-themed ball and a rendition of “The Nutcracker” by Rising Star. While it’s time […]

The tribal art market in France has survived Macron’s restitution policy. Can it survive the changing tastes of a new generation?

After French President Emmanuel Macron decided to return 26 bronze artifacts looted from Benin during colonial times, uncertainty persisted as to the impact this would have on France’s leadership position in the classic African, Oceanic and American art. This week, Christie’s raised concerns about how this might affect the private collection, as it declared its […]

Art Industry News: Biden Administration Says Art Market “Particularly Vulnerable to Financial Crimes” + Other Stories

Art Industry News is a daily digest of the most important developments in the art world and the art market. Here is what you need to know on Wednesday, December 8. NEED TO READ Culture critic Greg Tate has passed away – The cultural critic who influenced a generation with his writings, especially on hip-hop […]

WH flags art market as haven for money laundering amid Hunter Biden shows

The Biden administration raised some eyebrows on Monday after it described the art and antiques market as a hotbed of shady financial dealings – weeks after first son Hunter Biden’s work went on display at a Soho gallery. The White House warning was part of its “Anti-Corruption Strategy“, which the administration described as “a comprehensive […]

Why does the art market continue to prosper? Thank “the men of monuments”! – Manila Bulletin

In search of the rare and the beautiful, and the magnificently rare By Ramon ES Lerma ArtSpeak Ramon ES Lerma There is a cloak of mystery that envelops the fascinating world of art, where objects made of paint, canvas, wood, paper or sometimes even pieces of metal or found objects are transformed into objects of […]

WATCH NOW: Studios at 16e rue de Racine Host Open House and Art Market | Entertainment

Artist Missy Isely-Poltrock talks about the December 4th Open House at 16th Street Art Studios in Racine. RACINE – There are two things to know about Saturday’s open house at 16th Street Studios at Racine Arts and Business Center: The resident artists are delighted to welcome the public to visit their studios. There is no […]

Creative Clay’s Friday Art Market returns for the holidays – CBS Atlanta

ST. PETERSBURG, Fla. (CW44 News At 10) – The Friday Art Market in Creative Clay’s Yard will be hosted by student artists from the Pinellas County Schools Transition on December 3, from 10:00 a.m. to 2:00 p.m. “The Transition class is thrilled to launch their new pieces, including hand-painted wooden earrings, key chains and one-of-a-kind […]

Creative Clay’s Friday Art Market returns for the holidays – CBS Tampa

ST. PETERSBURG, Fla. (CW44 News At 10) – The Friday Art Market in Creative Clay’s Yard will be hosted by student artists from the Pinellas County Schools Transition on December 3, from 10:00 a.m. to 2:00 p.m. “The Transition class is thrilled to launch their new pieces, including hand-painted wooden earrings, key chains and one-of-a-kind […]

Can an art market passionate about young red-chip artists and NFTs still value first-rate white male masters? Answer: Yes, for now

Last month, London and Paris hosted international art fairs in person. New York just hosted a $ 2 billion “gigakin” and 2,000 live auction lots. Admittedly, there were hardly any American and Asian visitors to Frieze London and the Fiac in Paris, and audiences for the high-tech nightly sales studios of Sotheby’s, Christie’s and Phillips’s […]

Support local art: BAM! – the Burien Art Market online store is NOW open

From our friends at Burian Arts Association: BAM! (Burien Art Market) The online store is NOW OPEN!Buy art online at our favorite fundraiserFrom Friday 19 November to Sunday 21 November 2021 3 continuous days ONLY NEW this year – BAM! Studio visitMeet the artistsSaturday only, November 20, 2021Noon to 6:00 p.m. We have added a […]

Auction houses present rare works to interest the passionate art market

Yayoi Kusama’s “Pumpkin” (Seoul Auction) Major Korean auction houses are hoping to continue the sales success they have enjoyed this year in a market buoyed by the popularity of art as an outlet for investment. Two auctions will put up works worth more than 10 billion won ($8.5 million) at upcoming events, featuring rare pieces. […]

Magnus Resch’s online art market courses inspire a new generation of collectors

Navigating the art market can often feel like stepping through a maze that by design only a privileged few have a map. Magnus Resch — art market economist, professor at Yale, serial entrepreneur, and best-selling author of six art market books, including the recent How to become a successful artist (2021) – aims to change […]

Summit Locals Art Market and Rocky Mountain Discount CBD move into Silverthorne outlets

Shannon Jakoby of She Shed That Designs takes inventory inside the Summit Locals Art Market on Wednesday, November 10. Jakoby is the co-owner of the store, which is the newest tenant to open in the Silverthorne outlets.Elaine Collins / Courtesy Photo Two new stores are opening in Silverthorne outlets just in time for the holiday […]

Washougal is inaugurating its first Holiday Art Market this weekend

The Washougal Studio Artists Tour is so popular that the organizers have decided that they can no longer limit it to once a year. The Washougal Studio Artists Tour’s first Holiday Art Market will be held from 10 a.m. to 4 p.m. on Saturday November 13 and Sunday November 14 at various locations in Washougal. […]

Amid a booming art market, Sean Kelly takes his Bicoastal gallery with a prominent new outpost in Los Angles run by his son

For years, as mega-stores like Pace and Hauser & Wirth spread their tentacles across the world, Sean Kelly seemed determined to remain a one-city gallery. But times have changed. The dealer, who works with artists such as Marina Abramovic, Dawoud Bey and Alec Soth, will open a major new space in Los Angeles in the […]

What was the art market like during the real roaring twenties? History offers lessons as we enter another decade of decadence

Gertrude Stein held lively salons in Paris. Diego Rivera traveled from Mexico City to Moscow to paint murals. Jacob Lawrence and Romare Bearden, whose families moved north as part of the Great Migration, fueled the vibrancy of the Renaissance from Harlem to New York. The 1920s were when the “world of modern art began to […]

How much stronger is the art market in 2021 than in previous years? We calculated the numbers

You probably don’t need me to tell you the art market is in tears lately. We’re in the midst of a carefully choreographed, award-winning, two-week series of auctions in New York City, which are expected to gross up to $ 1.9 billion. What you might not know, however, is how the inventory really accumulates until […]

The post-pandemic art market will reach a new zenith as in-person auctions return

After more than a year, in-person auctions return to New York this week with, among other things, the sale of the Macklowe Collection. In September, Sotheby’s won the selling rights to the Macklowe collection, the subject of litigation following the high-profile divorce of New York real estate developer Harry Macklowe and his ex-wife Linda in […]

Princeton Arts Council presents Sauce for the Goose Outdoor Art Market on Saturday

NEWS | CHARACTERISTICS | OVERVIEW | EVENTS originally published: 11/09/2021 (PRINCETON, NJ) – Start your holiday shopping at the Arts Council of Princeton’s Sauce for the Goose Outdoor Art Market on November 13 from 10 a.m. to 4 p.m. at Princeton Shopping Center, 301 N. Harrison St, Princeton. A rainy date is forecast for Sunday […]

Indigenous art market helps artists who have struggled during the pandemic

A pop-up Indigenous art market in Toronto promotes and sells the work of Indigenous artists who have faced economic challenges throughout the pandemic. The ANDPVA Indigenous Art Market opened this week in Leslieville at 1107 Queen Street E. On Saturday, while celebrating its grand opening, customers lined up outside the pop-up store demonstrating the high […]

Opening celebration Saturday for the Indigenous Art Market in Leslieville – Beach Metro Community News

Barb Nahwegahbow is one of the organizers of the Native Art Market for the Association for Native Development in the Performing and Visual Arts (ANDPVA) in Leslieville. Photo by Alan Shackleton. The Association for Native Development in the Performing and Visual Arts (ANDPVA) is opening Toronto’s first-ever Native Arts Market with a grand opening event […]

Sotheby’s on the art market for Claude and François-Xavier Lalanne

The sought-after and collectible surrealist sculptures of French artists Claude and François-Xavier Lalanne, located at the crossroads between fine and decorative arts, have challenged the status quo. While François-Xavier favors animals, Claude focuses on plants with his ornamental and baroque creations. Florent Jeanniard, World Co-Head of Design at Sotheby’s, discusses the lasting appeal of their […]

Young emerging artists push the art market skyward

What emerges from recent major contemporary art sales is that booming stock markets and low interest rates are pushing collectors to spend, and they seem to be more interested in works by younger and more more diverse. In London earlier this month, nine of the top 10 artworks – i.e. the pieces that exceeded their […]

KIAF Seoul 2021 returns to a booming art market

“SH 2013016 Recurrence” by Kim Tschang-Yeul (Hyundai Gallery) As competition in the Korean art market grows fiercer than ever, the Korea International Art Fair kicks off in Coex in southern Seoul on Wednesday, ahead of its joint exhibitions next year with Frieze, a contemporary art fair. leading. The country’s largest international art fair is eagerly […]

Exactly how much has the art market rebounded since 2020 and what is driving its growth? We calculated the numbers

This time last year, the art market was emerging from a deep hole. In the first half of 2020, as the world shut down and trade came to a screeching halt, fine art auctions fell more than 50% to $3.3 billion, the lowest total in over a decade. But just as the broader economy has […]

Contemporary art market steps rebound with record sales

After the hard blows of spring 2020 at the hands of the Covid-19 crisis, the contemporary art market has surged, with $2.7 billion in auction sales recorded between June 2020 and June 2021, according to artprice, which published its annual report on Monday. The record number follows 36% drop to market in the first half […]

NFT: a new art market

A growing circle of artists in Philadelphia have found a niche in a new genre of digital art that is simultaneously a craze for speculators, a boon for collectors, and a community-builder: non-fungible tokens. A non-fungible token (NFT) is a bit like a cryptocurrency with an image attached. The image can be downloaded by anyone, […]

This Munich power couple shapes the German art market

Art historian and gallerist Walter Storms and his wife Caro Jost, a successful artist and educated lawyer, are a true world art power couple in Germany. Together the couple have shaped the careers of many artists and can claim everyone from Günther Uecker to emerging artist Shannon Finley as their close friends. Recently, I had […]

The Recorder – Shelburne Falls Harvest Makers and Art Market to offer locally made goods, fundraiser for humane society

SHELBURNE FALLS — Featuring three vendors for the first time, the second annual Harvest Makers and Art Market held outdoors at The Mill at Shelburne Falls will return on Saturday, October 2 from 10 a.m. to 4 p.m. The market was held for the first time in 2020 and features work from resident makers and […]

Art Basel: 270 exhibitors show resilience of art market as rotting bread takes over

Something is brewing in Basel. If you’re looking to get a taste of what’s happening in the global art market, there’s no better place than the vast Art Basel fair in Switzerland. After an entirely online event last year due to the pandemic, the Swiss art fair Art Basel returned in person on Tuesday September […]

International Folk Art Market Announces New Managing Director |

Despite myriad challenges stemming from the COVID-19 pandemic, including widespread cancellations in 2020, the International Folk Art Market ended up having a relatively successful event in 2021 by spanning multiple weekends and applying safety protocols and timed ticketing. And now, in the aftermath, the busy arts market has announced that CEO Stuart Ashman, who took […]

Stuart Ashman steps down as CEO of the International Folk Art Market

Stuart Ashman will step down as CEO of the International Folk Art Market on December 31. (Eddie Moore/Diary) Stuart Ashman, CEO of the International Folk Art Market, is leaving the organization at the end of the year. Ashman will have completed a three-year contract when he leaves on December 31. “We’ve had a lot of […]

11 Questions The Art Market Should Have About Bored Ape Yacht Club, NFT Craze Rating in Millions, Answered by a True Expert

CryptoPunks aren’t the only NFT characters catching the attention of crypto investors and auction houses. A new digital collectibles craze called Bored Ape Yacht Club has generated tens of millions of dollars at lightning speed and is selling at Christie’s and Sotheby’s. The first offers a Bored Ape Yacht Club NFT at a sale in […]

Consolidating their power in the art market, dealers Lévy Gorvy, Salon 94 and Amalia Dayan merge to form an empire on the Upper East Side

Art dealers Dominique Lévy, Amalia Dayan and Jeanne Greenberg Rohatyn forged independent careers as gallery owners, art advisers and secondary market traders. Over the years, they have also become friends and business associates. Now they’re taking those ties a step further in a merger that signals a major consolidation in the premier gallery industry. The […]

African artists are betting on a booming contemporary art market

Written by Daniel Renjifo, CNN For Abidjan-based artist Saint-Étienne Yéanzi, the social and political reality of the continent has sparked a creative evolution for contemporary African artists, he says, giving them confidence to work and stay in Africa. The contemporary art market in Côte d’Ivoire and throughout sub-Saharan Africa has captured the imagination of collectors […]

NON-PROFIT REGISTER | Summer Art Market returns this weekend to the West Washington Park neighborhood of Denver | Focus on Denver

DENVER ART STUDENT LEAGUE denver News: Nearly 100 visual artists will participate in the 28th Annual Summer Art Market, which will take place August 28-29 between 1st Avenue and 4th Avenue and between Logan and Sherman Streets in Denver’s West Washington Park neighborhood. A fundraiser for the Art Students League of Denver, the outdoor event […]

Market Brief: Behind Prince Gyasi’s Rapid Rise in the Art Market and Beyond

Between high profile collaborations and strong exposures at major fairs, it is likely that Gyasi’s profile will continue to rise as demand for his work becomes more international. Last February, the artist took part in the spring-summer collection of the Off-White brand of fashion mogul Virgil Abloh. The live fashion show, which premiered on Abloh’s […]

The second #seemyset art market will be held on August 14 in Rocky Hollow | News

Continuing its focus on events that support the arts and promote community destinations, the Town of Somerset will host a second #seemyset arts market on Saturday August 14 – this time, in a new outdoor location in the town centre. “Our first market was an incredible success,” said Leslie Ikerd, Tourism Manager for the City […]

Live on Artnet Auctions: Three Powerful Works by African Art Market Sensation Aboudia Reflect the Tensions of His Homeland

Over the past year, Ivorian-American artist Aboudia Abdoulaye Diarrassouba, better known as Aboudia, has cemented his position as one of the most prominent artists on the contemporary African art scene. His intensely coloured, large-scale, mixed-media works are inspired by African graffiti and sculpture, reflecting the current tensions in his home country, Côte d’Ivoire, and the […]

Which country had the most lucrative art market in the world last month? We analyzed the numbers and the results are revealing

In a normal year, June would be the last hurrah before the denizens of the art world leave for the summer. They would activate their autoresponders on the last VIP day of Art Basel before heading to the beach in the Hamptons or the Amalfi Coast (where they would probably surreptitiously respond to emails anyway). […]

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Chickasaw Artist Featured in Artesian’s Online Art Market to Be Honored by Wilson Historical Society | Local News

WILSON, Okla. – Renowned Chickasaw painter and sculptor Lance Straughn – one of many artists featuring work at the Artesian online art market – will be honored by the Wilson Historical Society on September 18. A dinner and special presentation of the Jim Miller Arts and Culture Award will take place in the southern Oklahoma […]

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