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Fabienne Verdier’s spiritual-truth-seeking œuvre has found its way in the art market [29/12/2023]

Veritable breaths of fresh air in today’s creative universe, Fabienne Verdier’s almost minimalist works are being revalued on the auction market. At the beginning of 2023, Fabienne Verdier enjoyed a major exhibition of her work that was mounted in dialogue with the superb collection of Old and Modern masters in Colmar’s Unterlinden Museum. The exhibition […]

African art on the art market: calm after the storm [26/12/2023]

“Cautious” is probably the best way to describe the art market’s current mood with respect, notably, to Contemporary African artists. Despite solid prices still being hammered for major Modern signatures and for some very ‘museum-visible’ Contemporaries, auction results have cooled off for many of the artists who were intensely coveted last year. The urgency of […]

The rise of Hernan Bas [22/12/2023]

At 45 years old, Hernan BAS is among the most sought-after painters of his generation and already has four auction results above the million-dollar threshold to his name, including one hammered in 2023. His paintings of solitary young men – currently showing at the Bass Museum in Miami (his hometown) – bear witness to a […]

Yoshitomo Nara, Asia’s most expensive Contemporary artist [19/12/2023]

A leading figure in Japanese creation, Yoshitomo Nara has established himself in collections around the world with, as his only subject, a little girl with big eyes. Yoshitomo Nara became a famous artist with a single emblematic subject: an immediately recognizable child with stylized features, presented against a neutral background. His drawings are considered to […]

The best results for Old Masters in 2023 [15/12/2023]

Although works from the Old Masters period generate the smallest proportion of the global art market (less than 10% of its global turnover), essentially due to the rarity of masterpieces, this prestigious segment nevertheless attracts passionate bidding. Remember that the most expensive work in auction history is Leonardo da Vinci’s Salvator Mundi, which sold for […]

Vera Molnár, hommage to a pioneer [12/12/2023]

Vera Molnár used computers to create art for over fifty years. She died on December 7 last, just a few weeks before the opening of an exhibition to celebrate her 100th birthday at the National Museum of Modern Art in Paris. Vera Molnár was the first woman to use algorithms to produce her works and […]

The largest Velázquez painting on the art market promises to fetch the best result ever hammered for an Old Spanish work [08/12/2023]

Painted in the 1620s-1630s, during a period of transformation in the career of Diego VELASQUEZ (1599-1660), the two-meter-high portrait depicts Isabelle de Bourbon, the daughter of the French King, Henry IV, before her marriage with the King of Spain, Philip IV. This prestigious painting by the great Spanish artist Diego Velázquez, which will be auctioned […]

The latest Hong Kong results from Phillips and Christie’s [05/12/2023]

Having hammered $2.4 million from Ultra-contemporary art at Phillips and $104 million from Modern & Contemporary art at Christie’s, the latest Hong Kong sales lived up to expectations. On 26 November, Phillips hosted its first Asian edition of its “New Now” sale in Hong Kong, bringing together Contemporary art and design work from the 20th […]

Works by Sanyu in upcoming Hong Kong sales [28/11/2023]

Christie’s Hong Kong is preparing its last major Hong Kong sales of the year at the city’s Convention and Exhibition Centre after roadshowing the works on offer throughout the region. In the evening of 28 November, the series of sales will conclude with a session reserved for 20th and 21st Century Art, with – as […]

The paradoxes of the Belgian art market [24/11/2023]

In Belgium, the art auction market has showed no signs of contraction this year and indeed has posted good results via the auction houses De Vuyst, Piasa Bruxelles, Louiza Auktion, Bonhams Cornette de Saint- Cyr Bruxelles and Horta, which together have generated more than 60% of the country’s art auction turnover. But their results would […]

Picasso’s ceramic works are gaining price momentum [21/11/2023]

Ceramics – a highly expressive medium of creativity that goes back to time immemorial – is increasingly winning over collectors, particularly those of Contemporary art (see our article: Ceramics on the Contemporary art market). However, it’s a Modern artist, Pablo Picasso – the most popular artist on the planet with six 9-digit results to his […]

Phillips hammers second highest sales total in its history [17/11/2023]

In the wake of the major New York sales at Christie’s and Sotheby’s, Phillips’ sales of Modern, 20th Century and Contemporary art generated a total of $155 million last Tuesday, (14 November), the second highest sales total in the company’s art auction history. The first part of the sale offered Modern works from the prestigious […]

More than a billion US dollars hammered in New York [14/11/2023]

Christie’s and Sotheby’s generated almost $1.2 billion from their New York sales of Modern and Contemporary art last week. A reassuring result for the end of a year in which some exceptional works attracted strong attention, while others disappointed expectations. Christie’s generates $759.35 million Christie’s took a total $759.35 million from its two sessions ($107.45 […]

The most important works in the Landau collection at Sotheby’s [09/11/2023]

Sotheby’s in New York has just completed the auction of the year’s most expensive private collection, that of Emily Fisher Landau, from which more than 100 works of Modern and Contemporary art were offered on 8 and 9 November: the sale rises to the very satisfactory result of $406.4 million, with 100% of the 31 […]

Panorama of Latin American art at auction [07/11/2023]

Global interest in Latin American art has numerous channels. Since the beginning of the millennium, public and private institutions alike – mainly in Europe and the United States – have conducted a growing number of initiatives to promote works by LatAm artists and foster links with Latin American museum and galleries to build archives of […]

The top-selling Old Master drawings of the year [03/11/2023]

Every year, unexpected treasures emerge from the past on the auction market, such as MICHELANGELO’s (1475-1564) youthful drawing of A nude man (after Masaccio) with two figures behind that attracted determined bidding when it sold for $24.3 million in Paris last year. It was the best result in 2022 in the quiet but nonetheless exciting […]

The top 10 global art auction results in October [31/10/2023]

Among the nearly 50,000 artworks sold around the world during the month of October, the Top 10 results alone generated $154 million, only $10 million less than in October 2022. Three of these top 10 results were hammered in Paris, two in London and – above all – five in Hong Kong, once again proving […]

Interview with digital artist Josh Pierce, featured on the cover of the Artprice 2023 Contemporary Art Market Report [30/10/2023]

Artist Josh PIERCE (1982) talks to Artprice about his work, his technique, his vision of NFTs, as well as his inspirations and his favorites. He invites us to delve into his spectacular work where the human being contemplates a natural world re-enchanted by a mysterious, luminous, fantastic, and soothing presence. The work Flow by Josh […]

Focus on François-Xavier Lalanne, following the sale of his first Rhinocrétaire at the record price of $19.4 million [27/10/2023]

A living-room bar in the shape of a cow or a hippopotamus; a bed shaped like a can of sardines, a writing desk in the form of a dove… François-Xavier LALANNE (1927-2008) is famous – as is his partner, Claude – for sculptural furniture of unparalleled originality. One of his most impressive creations is a […]

Christie’s leads the way in London [24/10/2023]

Against a backdrop of market jitters, Christie’s latest sales dedicated to 20th and 21st Century Art in London managed to equal last year’s results. The turnover total of $117.7 million hammered by Christie’s from two sales on 13 October lent a degree of reassurance to the art market. The evening consisted of a first part […]

Congratulations to Tarik Kiswanson, winner of the 2023 Marcel Duchamp Prize [19/10/2023]

Dedicated to the international promotion of the French art scene, the Marcel Duchamp Prize shortlisted four finalists at the beginning of this year: Bertille Back (represented by the Xippas gallery and The Gallery Apart), Bouchra Khalili (represented by the Mor Charpentier gallery and ADN Galeria), Massinissa Selmani (represented by the Anne-Sarah Benichou gallery, Selma Feriani […]

Artprice by Artmarket’s Contemporary & Ultra-contemporary Art Market Report [17/10/2023]

Artprice by publishes its 27th annual report dedicated to the art market. It is downloadable free of charge. Coming out of the restrictions and constraints linked to the Covid health crisis, the Contemporary art market experienced two years of phenomenal growth and posted unprecedented results. The exceptional performances achieved in 2021 and 2022 owed […]

Flash News: Paris + by Art Basel; Hauser and Wirth in Paris; a Rembrandt painting gains an additional three zeros [13/10/2023]

Imminent opening of Paris + by Art Basel Paris + by Art Basel: this somewhat cumbersome title refers to Paris’s new Modern and Contemporary art fair that replaces the former Fiac and is now by far the most anticipated event in the Parisian art calendar. The second edition of Paris + by Art/Basel will again […]

Modigliani’s last masterpiece sold at Sotheby’s Hong Kong [06/10/2023]

  This 5 October, Amadeo Modigliani’s exceptional portrait of Paulette Jourdain was the star lot of a Sotheby’s sale in Hong Kong. Sold for $34.8 million, it did not return the amount obtained in 2015, but lost 8 million. In the spring of 2015 American shopping center magnate Alfred Taubman, a wealthy art collector and former […]

The Marcel Duchamp Prize adds momentum to the French Contemporary art scene [03/10/2023]

The Marcel Duchamp Prize is a distinction created 23 years ago at the initiative of French art collectors and the ADIAF (Association for the International Diffusion of French Art). It was created by collector Gilles Fuchs (amongst others) in response to a very clear shrinkage of the influence of French artists at the international level […]

Mark Rothko at the Louis Vuitton Foundation [29/09/2023]

  After Basquiat & Warhol, the Louis Vuitton Foundation in Paris (the FLV) is hosting an exceptional exhibition of work by yet another American giant. It’s the first major retrospective in France of Mark ROTHKO’s prolific oeuvre since that presented at the Museum of Modern Art of the City of Paris in 1999. Opening on 18 […]

Nicolas de Staël: Human… too human [26/09/2023]

“What I’m attempting is a continuous renewal, truly continuous, and it’s not easy. I know what my painting really is behind its appearance, its violence, its perpetual trials of strength, it’s a fragile thing in the sense of the good, the sublime. It’s as fragile as love.” Nicolas de Staël, 1954 Every twenty years or […]

Sotheby’s to host the ‘sale of the year’: the Landau Collection [22/09/2023]

Two years ago, in November 2021, Sotheby’s recorded its best-ever auction total of $676 million at an evening sale of masterpieces from the Macklowe Collection, which attracted a strong participation of Asian collectors wishing to acquire leading American works. The following year, in 2022, Christie’s excelled with extraordinary results from its sale of works from […]

Outsider art: an alternative art market [19/09/2023]

Long rejected for its naivety, Outsider Art (or “art brut” as the french call it) is admired by more and more collectors for its sincerity. “Art brut” – known as “Outsider Art” in English – has a rich history dating back to the first half of the 20th century when a few avant-garde artists became […]

Hockney, 10th best-selling artist in the world in 2023 [15/09/2023]

Demand for David Hockney’s work is growing rapidly and his price index has risen by 562% since the start of the millennium. On 21 September Phillips in London will be hosting another auction entirely dedicated to the work of British artist David HOCKNEY following a first sale that generated more than GBP 6.6 million (±$8.2 […]

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