L'attualità del mercato dell'arte di Andreas GURSKY (1955)
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Contemporary art market: results from the spring/summer season of 2006 [02/10/2006]
This month the European art market will gyrate to the rhythm of the contemporary art fairs, with the Frieze Art Fair starting 12 October in London and then the Paris FIAC on 26 October and Art Cologne on 1 November. At the same time, the auction houses will capitalise on these events by organising major concurrent sales of contemporary art.Before the fall season begins, Artprice here provides a brief overview of the ebullient contemporary art market so far this year.
Contemporary art: record prices! [22/05/2006]
New York sales of contemporary art have confirmed the exceptional dynamism of this market in mid season. Over three days – from 9 to 11 May – Sotheby’s, Christie’s and Phillips managed to sell no less than 77 works of contemporary art over the USD 1 million mark. During May 2005, only 44 pieces reached the 1 million mark, and in May 2001 the figure was just 24.
GERMAN PHOTOGRAPHY – From reality to fiction [10/05/2006]
Bernd and Hilla Becher are the leading lights of “objective” photography in Germany. Their approach refutes the anecdotal and focuses on inventorying anonymous “industrial sculptures” that appear throughout our environment. The radicalism of their documentary work had a strong impact on their students including Andreas Gursky, Thomas Ruff, Thomas STRUTH and Candida HÖFER. This later generation of photographers assimilated much of the Becher’s approach, although sometimes freeing itself from the “objective” view of reality by altering their images. From an auction and museum preference point of view, the later generation seems to have become more popular than the objective purism of the Becher period.
Contemporary art market: Christie’s beats the record for an art auction with USD 133.7 million [12/05/2005]
On 12 May 2005, Christie’s set a new record for a contemporary art auction, generating USD 31.7 million more than the existing record of USD 102.7 million also set by Christie’s last year. It only took 65 lots to reach USD 133.7 million. As spectacular, 17 records were beaten during this evening session alone. The record-breakers include notably Franz Kline, Edward Hopper, James Rosenquist, Elizabeth Peyton, Richard Prince and Peter Doig.
Modern photography in the spotlight at Christie’s, Sotheby’s and Phillips [04/04/2005]
From 26 to 28 April, nearly a thousand photographs will be offered at the photography auctions held successively at Christie’s, Sotheby’s and Phillips de Pury.The highlight of these auctions will – as always – be the sale of a large number of quality modern prints.
Contemporary photography: +35% in 2004 [21/03/2005]
In the mid-1990s, paintings were the only medium in the art market that investors considered of any speculative interest. But recently, with growing demand and a wave of artistic renewal, other creative formats have proved as, or more, lucrative than paintings. The photography market has been expanding rapidly for the past five years and is today one of the art world’s fastest-growth segments.
Highly attractive photography auctions [10/10/2004]
After a sluggish 2003, the photography market is now booming once again. With prestigious sales to take place at Sotheby’s, Christie’s and Phillips in the next few weeks, Artprice has taken stock of one of the art world’s most dynamic segments.
Contemporary photographers rise in the east [03/08/2003]
A wave of enthusiasm among younger generation collectors has driven contemporary photography prices up by 92% in less than six years, an annual growth rate of more than 12.7%. This kind of speculative rally used to be the preserve of big name German and US photographers, but in the last few months the market seems to have been led by less renowned artists of other nationalities.
How does the French contemporary art market measure up today? [30/06/2003]
Since it reformed its auctioneers, France has increased its share of the auction market from 7% of worldwide turnover in 2001, to 8.6% in 2002. Yet growth in the wider sector has done little for the contemporary art market. France only generated 4.5% of the proceeds from contemporary artworks in 2002.
Contemporary art makes the running in 2002: auction trends [01/10/2002]
After a pause in 2001, contemporary art prices have taken off again. And yet, prices for the big-hitters have not experienced a spectacular explosion. During the first auction season 2002, prices for major league works were down on last year,
Contemporary photography: prices surge in this more selective and transparent market [13/06/2002]
In a market segment which attracts young collectors hammer prices rise and fall in line with sales. Despite being a particularly unstable market, contemporary photographers have commanded steadily rising prices in recent years. But prices are still influenced by economic swings and speculation. The talent of these artists is not yet rooted in art history or in the market. Selection is particularly tough.
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