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Flash News: Banksy’s latest record…, The rise of Flora Yukhnovich, The hottest signatures at Christie’s [22/10/2021]

Banksy’s latest record… In the 2020/21 period (30 June – 1 July) BANKSY accounted for 15% of the UK’s total fine art auction turnover and 7% of the global auction turnover hammered in the Contemporary art auction segment. On 14 October last, Sotheby’s London sold one of the most anticipated works of the fall season: […]

Market temperature in Hong Kong after Sotheby’s recent sales [19/10/2021]

In the first half of 2021 Sotheby’s posted a spectacular total of HK $1.3 billion ($167 million) from its Hong Kong Modern Art sales, a new record for Sotheby’s in Asia. Christie’s, for its part, posted a clear turnover increase on its HK fine art sales during H1 2021, with a significant evolution in the […]

Art Taipei: an interview with Oliver Chang [15/10/2021]

Mr. Oliver Chang, the new Director of the ART TAIPEI art fair, answers our questions about this new edition eagerly awaited by Asian collectors. Launched in 1992, ART TAIPEI is the oldest international art fair in Asia. In 28 years, it has established itself as an essential event in Southeast Asia’s cultural calendar, supported by […]

A weakened position for London ? [12/10/2021]

As the Hong Kong art market develops at a phenomenal pace, London is relatively less attractive than it was ten years ago. Christie’s, Sotheby’s and Phillips are now selling certain Western masterpieces – for example, by Basquiat, Still, Richter and Ghenie – in Asia rather than in London, reflecting a general shift of the global […]

Focus on Jérémy Gobé [08/10/2021]

  Actively involved in major art and art market events for over 30 years, Artprice also provides support to certain artists whose work it considers of vital importance. This is the case of the French artist Jérémy Gobé who focuses on the development of solutions to environmental challenges. Convinced of the value of his approach, […]

Contemporary art market: our report is now online! [05/10/2021]

All in all, the Contemporary Art auction market saw its global turnover contract -34% over the 2019/2020 period as it rushed to stop the hemorrhage caused by the “panic” of March 2020 and the complete stoppage of auctions. Fortunately, the subsequent organization of online sales offset the closure of galleries and auction rooms and the […]

Women artists… rhythm and color on Artprice marketplace [01/10/2021]

Artmarket’s teams are resuming their selection from among the works of our partner galleries on the Artprice’s online marketplace. This week our selection focuses on four of the most famous female artists in the field of abstract art: Sonia Delaunay, Aurélie Nemours, Joan Mitchell and Geneviève Asse, all essential artists whose œuvres are internationally recognized. […]

New records for Indian and Pakistani artists in New York [28/09/2021]

A work by Jehangir Sabavala sold for a $1.5 million; another by Bhupen Khakhar fetched nearly a million. Rabindranath Tagore and Abdur Rahman Chughtai generated impressive results… In short, the recent sale at Christie’s New York on 22 September (South Asian Modern + Contemporary Art) indicates distinctly positive price trends for South Asia’s major painters. […]

Flash News: Superb Morozov Collection – Praemium Imperiale for James Turrell [24/09/2021]

Superb Morozov Collection: icons of Modern art Vincent Van Gogh: Café de nuit (1888), oil on canvas, 72 x 92 cm. This masterpiece by Van Gogh was purchased by Ivan Morozov for 3,000 rubles ($35,000 in today’s money) at the 1908 La Toison d’or exhibition. It would probably fetch over 100 million dollars today. . […]

Focus on Kudzanai-Violet Hwami [21/09/2021]

Her figurative works address themes of gender, sexuality, race and violence … exactly what museums, collectors and the market are looking for right now as they rewrite a more inclusive story. Through her portraits of black people as so many “celebrations of Afro-punk and the LGBTQ + community” (to quote the title of Hero-magazine, October […]

Flash News: NFT sales in Hong Kong – Macklowe Collection and Cox Collection [17/09/2021]

No return to business after the summer recess without NFTs!… Last week, from just two lots created by Yuga Labs in its online session “Ape In!” Sotheby’s generated $26.2 million, setting its latest record for an NFT sale. Of these two lots, a set of 101 YUGA LABS NFTs depicting monkeys sold for $24.4 million (101 […]

As the auction market resumes its activities, Artprice takes a look at some of the best works for sale in New York [14/09/2021]

Asian art week begins today at Christie’s with no less than six separate online sales for this traditional week of Asian Art auctions in New York. The sales will be offering a wide range of lots from the entire Asian continent… from a Tang dynasty silver “rhino” dish to Huanghuali furniture. The first sale is […]

The world’s top-selling living artist, Banksy returns to the limelight in October [10/09/2021]

On 14 October Sotheby’s will once again be offering Banksy’s famous Girl With Balloon (2006) which, in 2018 –  just after being hammered down for over a million dollars – partially self-destructed by means of a remotely activated shredding device concealed inside the work’s frame… in front of a dumbfounded public. For Sotheby’s, this act […]

Art Paris Art Fair: Véronique Jaeger and Suzanne Tarasieve [07/09/2021]

The first Modern and Contemporary art fair to be held in the Grand Palais Éphémère (replacement building set up behind the Eiffel Tower while renovation work is conducted on the 19th century Grand Palais), Art Paris Art Fair is now open until 12 September 2021. We interviewed two directors of emblematic galleries present at the […]

Art Paris Art Fair: Guillaume Piens and Hervé Mikaelof [03/09/2021]

The first Modern and Contemporary art fair to be held in the Grand Palais Éphémère (replacement building set up behind the Eiffel Tower while renovation work is conducted on the 19th century Grand Palais), Art Paris Art Fair will finally be taking place from 9 to 12 September 2021. Ahead of the opening we interviewed […]

Banksy is the top living artist in Artprice’s turnover ranking for H1 2021 [01/09/2021]

Will future generations consider Banksy the most important artist of the early 21st century? In any case, that’s what the $123 million hammered in the first half of 2021 suggests, giving Banksy 5th position in Artprice’s general ranking (all periods combined) just behind the giants Picasso, Basquiat, Warhol and Monet. Whether we like it or […]

Art Market History : 30 June 1939. Lucerne [31/08/2021]

Before entering politics, Adolf Hitler had artistic inclinations. Having twice failed to get into Vienna’s Academy of Fine Arts, he had a strong opinion on the nature of art and its role in society. As of 1933 he was free to excise from German cultural institutions works of art considered incompatible with his own ideals. […]

Three dazzling results for Contemporary Art [24/08/2021]

They are young, talented and have inflamed auctions in Tokyo, London and Hong Kong … a look back at three Contemporary artists who offered us some of the most surprising results of the year… Ide Tatsuhiro (Tide) (1984) Two of us (2019) Low estimate: $9,493 Price: $480,345 SBI Art Auction Co, Ltd, Tokyo Estimated at […]

Capital gains and losses in the Contemporary art field [17/08/2021]

The Contemporary art market has posted a spectacular recovery with sky-high results worldwide and an unprecedented demand dynamic. But before presenting our analyses of the key figures and major trends in our upcoming Contemporary Art Market Annual Report (scheduled for publication in early October 2021), Artprice has looked at a number of resales that reveal […]

Focus on Eddy Kamuanga Ilunga [10/08/2021]

Revealed by the Saatchi gallery in 2015, Eddy Ilunga KAMUANGA (born in 1991) is one of the leading figures of new Congolese painting. Born in Kinshasa, Africa’s third largest city, he immersed himself as a child in American comics and assiduously copied Japanese mangas. The young boy’s imagination quickly learnt to travel between cultures and […]

Artprice analyses the art market’s dazzling recovery from the health crisis in H1 2021, fortified by its digital transformation [04/08/2021]

In the first semester of 2021 the art auction market managed to recover all of its dynamism. If all goes well, the art fairs which will resume in September. They will, however, have to contend with a substantially modified market characterised by the sensational arrival of NFTs and sky-high prices for works by very young […]

The 3 most expensive Contemporary artists of the year so far [27/07/2021]

The fact that Jean-Michel Basquiat is still the most expensive Contemporary artists at auction is not surprising. The African-American star, who died in 1988, is to Contemporary art what Picasso is to Modern art. On the other hand, the logic behind the other two artists in the year’s top 3 auction Contemporary results is more […]

Alexej von Jawlensky: the enigmatic image [23/07/2021]

Russian artist Alexej von Jawlensky, who died 80 years ago, had a strong influence on key developments in Modern art, a fact the art market appears to be waking up to… not just in Germany. Apparently, Alexej von Jawlensky (1864-1941) had a strong spiritual experience in front of a church icon when he was about […]

Focus on Cy Gavin [20/07/2021]

Cy GAVIN (born 1985) is originally from Pennsylvania, south of Pittsburgh. As a youngster, he was passionate about art and spent a lot of time in the Carnegie Museum of Art, which he sneaked into by a passage through the library, and then through the basements of the museum, not having the means to pay […]

Mr Christie, before Christie’s… His early days [16/07/2021]

The officially recognised start date of Christie’s auction activity is Friday 5 December 1766 when Mr James Christie hosted a sale of ‘the household furniture, jewelry, plates, firearms, etc… property of a noble character (deceased)” in London. Among other items, the sale included a pair of sheets, two pillowcases and two chamber pots… a banal […]

At just 34, Avery Singer has already reached $4 million at auction [13/07/2021]

The international enthusiasm surrounding Avery Singer’s work has less to do with a ‘rarity factor’ and more to do with the sustained pace with which her market – both primary and secondary – has been promoted over the last three years. Exhibitions in highly prestigious galleries (Kraupa-Tuskany Zeidler, Gavin Brown, Hauser & Wirth) and regular […]

Focus on Omar Ba [09/07/2021]

The grandson of a Senegalese infantryman, Omar Ba (born 1977) spent most of his time as a child drawing, but his parents wanted him to become a mechanic, a field in which he trained, without passion, for three years. He was subsequently admitted into Dakar’s school of the Fine Arts where he progressed but did […]

Artprice sees explosion of Contemporary Art and the Hi-Lite Movement in Southeast Asia [06/07/2021]

Hong Kong’s art auction market is about to post its best-ever first semester on record. According to our data, so far this year the city has generated 15% of total global fine art auction turnover. This growth is all the more remarkable as it is very largely based on sales of Contemporary and even Ultra-Contemporary […]

Flash News: Salon du Dessin in Paris – Freud + Hockney = $20.6 million – Phillips’ season ends on another high note [02/07/2021]

Paris drawing fair (Salon du Dessin) celebrates 30th edition After a 2020 edition canceled due to the pandemic and after months of lockdown, dealers and enthusiasts of artworks on paper are at last getting together around a top-quality selection of drawings from all periods. Until 4 July the Palais Brongniart in Paris will be hosting […]

Yet another white glove at Phillips! [29/06/2021]

After the excellent results at its Hong Kong sale with Poly auction on 7 and 8 June, the British auction company hosted yet another ‘white glove’ sale (all lots sold) on 23 June in New York, generating a total of $118.2 million. For Jean-Paul Engelen and Robert Manley, heads of 20th Century and Contemporary art […]

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