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Sotheby’s Hong Kong: an exceptional start… [03/05/2022]
Last Wednesday, three marquee sales at Sotheby’s Hong Kong took a total of 221.8 million dollars, the highest amount ever achieved in a single evening at Sotheby’s Hong Kong. This spectacular total included the sale of an exceptional De Beers Blue Diamond that fetched 57.5 million dollars, one of the highest prices ever paid for […]
Günther Förg on a steep ascension [29/04/2022]
We are currently seeing strong demand for works by Germany’s major artists! For example, Günther Förg’s price index has risen by more than 600% in 20 years. Germany is one of the few countries where the art auction market remained almost unaffected by the covid pandemic. Bucking the trend of other Western marketplaces, its overall […]
Aristide Maillol at Orsay [26/04/2022]
“If the word ‘genius’ still has meaning today, it is indeed applicable in this case: Maillol has a clear genius for sculpture”. Auguste Rodin Originally from the Pyrénées-Orientales region, Aristide MAILLOL moved to Paris at the age of 21 with a very clear penchant for fine arts. Accepted into the Painting and Sculpture section of […]
Artprice Marketplace: Maillol… and friends [22/04/2022]
Aristide Maillol, Auguste Rodin, Henri Matisse, Pierre-Auguste Renoir, Edouard Vuillard, Pierre Bonnard and Raoul Dufy are indeed some of the most important names in early 20th century art history. But they emerged in relatively small world since they many of them knew each other, wrote to each other, spent time together, admired, influenced and supported […]
A lackluster photography market [19/04/2022]
After the very mixed results from Sotheby’s, Christie’s and Phillips’ latest sales dedicated to photographic art, there is a very clear question mark hanging over the segment: has it run out of steam completely… or it is just on pause? In February, Sotheby’s sold a superb work by Ansel Adams titled Moonrise, Hernandez, New Mexico […]
Flash News: the Vasarely Foundation launches its first NFTs; back on the sale of the Jacqueline Matisse Monnier collection [15/04/2022]
The Vasarely Foundation, the first French cultural institution to create NFTs! After participating in Decentraland (first decentralized metaverse) in the first digital fashion week in history alongside Selfridges and Paco Rabanne, the Vasarely Foundation is launching its first NFTs on 26 April 2022. The fruit of a collaboration between Selfridges, the Fondation Vasarely and Paco […]
Women artists collectively cross the billion-dollar line in 2021! [12/04/2022]
For the first time in auction history, female artists collectively accounted for over a billion dollars of the world’s total annual art auction turnover in 2021, versus $653 million in 2020! Annual auction turnover totals generated by female artists collectively: 2000: 82 million 2007: 377 million 2014: 580 million 2018: 775 million 2021: 1.095 billion […]
Top 10 auction results around the world in Q1 2022 [08/04/2022]
During the first quarter of 2022, more than 200 artworks fetched over a million dollars at auctions around the globe. At Sotheby’s the key signatures were Magritte, Botticelli, Monet and Hockney, while prestige sales at Christie’s were above all animated by an incredible canvas by Franz Marc, a triptych by Francis Bacon and a couple […]
Auction market as builder and buffer for the NFT Market [05/04/2022]
Traditional auction houses have been playing a launchpad role in NFT trading, but they could provide greater stability for this growing market. By providing valuation estimates, they synthesize the current state of supply and demand; by selling an NFT, they provide a reference price that is independent of the prices practiced on peer-to-peer platforms (like […]
Victor Vasarely… an approach based on multiples [29/03/2022]
“The art of the privileged should become the art of the community. What is important is to have made this change both technically and materially.” V. Vasarely A master of optical illusions, Victor VASARELY (1906-1997) initiated an entire branch of artistic creation in the second half of the 20th century. From the first deformations of […]
Banksy and 21st Century Editions [25/03/2022]
On 15 March, Christie’s hosted a new auction format based on the success of the last four sales devoted to Banksy limited editions, all entitled I can’t believe you morons actually buy this sh*t. Last year’s session, on the same date, generated a record total of $6.1 million. This latest session – once again […]
France is at last NFT-compatible [22/03/2022]
Last year the major international art auction operators – notably Christie’s, Sotheby’s and Phillips – took the plunge of embracing the innovative NFT phenomenon. The response was almost immediate with digital works eliciting incredible enthusiasm worldwide and upsetting many of the existing art and art market codes. In terms of geography, sales of NFTs in […]
A number of well-known artists are getting into NFTs, including Damien Hirst, Takashi Murakami and Vhils. [11/03/2022]
A year ago, NFTs took the art market by storm with the major auction houses substantially boosting the phenomenon: first Christie’s, then Sotheby’s and Phillips. A number of art galleries were quickly seduced, some, like the Pace Gallery, developing their own platforms. Most of them, however, are still preferring to wait, even when their artists […]
Sotheby’s sales dominated by Magritte [08/03/2022]
On 2 March, Sotheby’s prestige sales of Modern and Contemporary Art in London were dominated by several paintings by Claude Monet, three works by Banksy (from the collection of singer Robbie Williams) and, above all, a masterpiece by René Magritte which generated by far the best result. $79.5 million: René Magritte’s new auction record A […]
Flash News: Christie’s took $330 million and Phillips expect $70 million for Basquiat [04/03/2022]
Christie’s took $330 million on 1 March This week Christie’s hosted its first major sales of 20th and 21st Century Art of the year, with results confirming trends seen in recent months. Its Art of the Surreal evening sale in London was clearly dominated by René Magritte, whose five works fetched a total of $16.9 […]
Frida Kahlo, Latin America’s most expensive artist [01/03/2022]
Last November Frida Kahlo became Latin America’s dearest artist thanks to a small canvas measuring 30 x 22 centimeters titled Diego y yo. We take a look at the auction history of one of the most cherished artists in art history, starting with the market history of that painting. Announced by Sotheby’s as “one of […]
Our selection: most popular signatures in Contemporary prints [25/02/2022]
Artmarket’s teams regularly share selections of their “favourites” among the artworks being presented by our partner galleries on the Artprice marketplace. Following on from our recent article “Printmaking, the art market’s new favourite medium”, we would like to highlight a selection of prints by some of the most sought-after signatures on the Contemporary art market […]
Printmaking, the art market’s new favorite medium [22/02/2022]
It’s a fact: the volume of auction transactions in fine art has reached an all-time high. The acceleration in online sales observed since the start of the pandemic has substantially contributed to increasing the population of bidders and boosting the market: some 664,000 artworks changed hands at auctions around the world during 2021, a new […]
What’s coming up in March? [18/02/2022]
The calendar of major art auctions has been underway since the end of January, in particular with the sale of Botticelli’s superb The Man of Sorrows, a masterpiece that fetched $45.4 million at Sotheby’s New York at the end of January. Nevertheless, the pace will accelerate in 15 days: Christie’s and Sotheby’s are once again […]
The three best-selling artists in the world [15/02/2022]
The three most “popular” artists on the art market, i.e. those for whom supply and demand are the most intense, all have prolific productions to their credit. The volumes produced during their careers feed a market whose appetite for their essential signatures never seems to tire. We take a quick look at the markets for […]
Focus on Omar Ba (1977) [11/02/2022]
With a dozen major exhibitions currently paying tribute to black artists around the world, Sotheby’s is dedicating this month of February to African (or African-origin) artists. Observing the market enthusiasm (and commensurate price inflation) for a whole new generation of these artists, Artprice looks this week at Omar Ba, whose prices seem to have stabilized […]
Christie’s, Sotheby’s, Phillips: a look at their relative markets [01/02/2022]
We take a look at the geography of the three biggest Western art auction companies The year 2021 ended with exceptional, and – it has to be said – quite unexpected results on the global art auction market. The main international auction houses have in fact demonstrated tremendous agility along with a surprising capacity for […]
Focus on Cinga Samson [28/01/2022]
Cinga Samson’s paintings exert a strange power of attraction while simultaneously exploring what it is to be African and questions of ‘identity’, the art market’s two favourite subjects at the moment. Originally from Cape Town where he still lives and works, Cinga SAMSON, aged 35, has already taken his paintings around the world, including Paris, […]
For a classification of NFTs on marketplaces and in Artprice databases [25/01/2022]
An urgent need for greater clarity is emerging in the world of NFT platforms, which are already offering a very large number of diverse and varied products. To enhance the navigation experience, OpenSea has already organized their offer into ten categories: New, Art, Collectibles, Domain names, Music, Photography, Sports, Trading cards, Utility and Virtual Worlds, […]
Botticelli and Magritte… two masterpieces to start the art auction year in style [21/01/2022]
As the year’s first quarter gets underway, several major works of incomparable quality are already earmarked for public sale, and their presence is in itself an indicator of the tremendous surge of confidence currently coursing through the veins of the art auction market. This week, Artprice looks at the two masterpieces being brought to market […]
Sotheby’s in 2021… an exceptional vintage [18/01/2022]
In 2021, Sotheby’s opened new premises in Cologne (September) and Los Angeles (October), as well as an additional private sales pop-up gallery in Monaco, and a Metaverse; but it also enjoyed an explosion in demand, soaring prices on works by very young artists and the incredible success of NFTs, all of which generated breathtaking annual […]
Focus on Geneviève Asse [14/01/2022]
Geneviève Asse passed away last summer at the age of 98. Close to Samuel Beckett, Pierre Soulages and Nicolas de Staël, Geneviève Asse left us a meditative œuvre that largely explores the calming qualities of abstract paintings in a variety of shades of blue. An eminent figure on the French artistic scene, Geneviève ASSE had […]
Artprice looks back over 2021 auction highlights and the NFT phenomenon [11/01/2022]
The term ‘NFT’ has been elected word of the year 2021 (all languages combined) by the Collins English Dictionary. The blockchain technology supporting the existence of NFTs was officially born in 2017, but it is only in the last ten months that it has attracted the general public’s attention by inviting itself into the art […]
NFTs in museums [04/01/2022]
In spring 2021, the Uffizi Gallery in Florence was the first museum to venture into digital art. With the help of Cinello, an Italian company offering digital copies of masterpieces (respecting their original dimensions), the famous museum offered the first digitally encrypted and certified authentic copy of the Tondo Doni, a sublime composition from the […]
The Top 2021 German artists [28/12/2021]
Artprice’s fifth and final review of the strongest artists at auction by nationality looks at the top-performing German artists in 2021. This Top 10 ranking has just four names: Wassily Kandinsky, Sigmar Polke, Lucian Freud and Gerhard Richter, with the latter not only dominating the market for German artists, but also holding a Top-5 position […]
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