Tag: contemporary art

Collectors have an ethical responsibility to keep the art market fair. Here are 8 key rules to hold them accountable

Over the centuries, collectors have played a positive role in supporting artists and artistic ecosystems. At the same time, we have also all heard – and often personally witnessed – horror stories about unethical collectors. You know those. The collector on the board of a museum who hears about an exhibition that is not yet […]

We Are the Seeds Santa Fe is uncertain whether its native art market will continue this year | Local News

VSOlleen Farwell and her Dartmouth College roommate Tailinh Agoyo had not seen each other for some time when they reunited for a spa weekend in Santa Fe around five years ago. “I wrote this children’s book, and I would love to bring it to the world,” Farwell recalled, telling Agoyo. I will carry you is […]

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 […]

Francis spoke of the explosion of the contemporary art market and his “peephole” career going from artist to auction manager

You have been active as an artist and curator; you had a theoretical and artistic training Historical context. Wasn’t going to an auction house problematic? Many artists, art historians, art critics don’t like auction houses because the evaluation goes through the money. There was that old conflict between art and money, already Pliny in the […]

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 […]

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 […]

STEP sparks excitement with new thrift store and art studio in Southgate – The News Herald

Services to Enhance Potential is dramatically increasing its downstream visibility, recently opening both a new thrift store and art studio at Southgate Shopping Center. Groundbreaking events were held on November 12 for the STEP Thrift Store and Donation Center, as well as its Progressive Art Studio Collective, located next to each other at 13705 and […]

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 […]

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 […]

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 […]

Connection points by Fiona Grady at The Art Station

Posted: 7:00 p.m. on October 26, 2021 A new art installation will bring stained-glass-like colors to an old telephone exchange. Artist Fiona Grady creates a large-scale art installation for the public at The Art Station in Saxmundham. “Connection Points” was inspired by the station house, a former telephone exchange building. It features brightly colored vinyl […]

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 […]

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 […]

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 […]

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 […]

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). […]

Which segment of the art market grew the most during last month’s mega-sales? We calculated the numbers

By now you’ve probably heard that the spring night art sales that took place in Hong Kong and New York last month have gone almost as well like their pre-lockdown equivalents, signaling a comeback for the art market. But the high-level totals don’t tell us much. Which market segments are the strongest coming out of […]

How collectors can advocate for a more climate-friendly art market

Many high profile collectors have a platform and an audience, and they can continue the conversation about climate change. Born from the TBA21 collection of Francesca Thyssen-Bornemisza in Vienna, TBA21-Academy is a contemporary art organization whose mission is to raise awareness for the preservation of the world’s oceans. For co-founder Markus Reymann, while the rise […]

We know that the art market is recovering. But how do the numbers compare to pre-pandemic times?

Evening marquee auctions in New York next week have been seen as the first major test of the art market coming out of the lockdown era. But data from the Artnet price database suggests that the art industry is already in a better position than he was at the same time pre-lockdown in 2019. Total […]

Can the London art market rebound?

Excerpt from the May 2021 issue of Apollo. Preview and subscribe here. With fairs canceled and galleries closed over the past year, London’s art market is a shadow of its former self. Will the city experience high attendance again, or are virtual viewings and dwindling sales here to stay? Below, art dealers Stephen Ongpin and […]

Art market down 22% in pandemic year, study finds

Global art and antiques sales in 2020 are estimated to have fallen by 22% compared to the previous year, according to the latest annual report Art Basel and UBS Art Market reportreleased on Tuesday. The 359-page report, the most comprehensive analysis of the effects of the coronavirus pandemic on the international art trade to date, […]

Art Industry News: Collector Pamela Anderson says the art market is ‘a bit corrupt’, but ‘part of a sexy life’

Art Industry News is a daily summary of the most important developments in the art world and the art market. Here’s what you need to know this Wednesday, September 23. NEED TO READ New York’s museums get a boost from Rockefeller – The Rockefeller Brothers Fund is giving $1.5 million to New York museums working […]

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