Category: Art market

How Streeth is changing the art market

NEW YORK, NEW YORK – MAY 12: People walk past the CryptoPunk (NFT) non-fungible digital art token … [+] displayed on a digital billboard in Times Square on May 12, 2021 in New York City. The image is part of SaveArtSpace’s “Pixelated” public art exhibit that will feature 193 CryptoPunks from Larva Labs on phone […]

International Folk Art Market Announces New Executive Director |

Despite the myriad of challenges stemming from the COVID-19 pandemic, including general cancellations in 2020, the International Folk Art Market ended up having a relatively successful event in 2021 spanning several weekends and by implementing security protocols and timed ticketing. And now, in afterglow, the busy arts market has announced that CEO Stuart Ashman, who […]

Deciphering the Da Vinci Code of the Art Market

Authenticating works of art has never been an exact science. A recent notorious case concerns the famous Salvator Mundi. Possibly painted (at least in part) by Leonardo da Vinci, Salvator Mundi broke all previous auction records with its 2017 sale by Christie’s New York for over $ 450 million. The mysterious buyer turned out to […]

Market Overview: Behind Prince Gyasi’s Rapid Rise in the Art Market and Beyond

Between high-level collaborations and strong exhibitions at major fairs, it is likely that Gyasi’s profile will continue to rise as the demand for his work becomes increasingly international. Last February, the artist was featured in fashion mogul Virgil Abloh’s Spring / Summer collection for off-White. The live fashion show, which premiered on Abloh’s Imaginary TV […]

International folk art market achieves sales of $2.23 million

Berta Servin Barriga of Mexico shows off her embroidered clothing and other textiles at the 15th annual International Folk Art Market in Santa Fe, Saturday, July 14, 2018. (Eddie Moore/Journal) The 2021 edition of the International Popular Art Market is a success. On Friday, market officials said more than 9,000 people attended the event, which […]

8 Black Art Advisors Transforming the Art Market from Within

Alaina Simone worked in several galleries, including the GR N’Namdi gallery, before becoming an artist liaison officer, curator and member of the board of directors. She approaches her interdisciplinary career with reverence and respect for the artists she works with and the clients she sells to, and draws on her own artistic training. “I grew […]

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

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

In detail: How Young Money is changing the art market in Hong Kong

Sotheby’s senior auctioneer Ian McGinlay drew the attention of the sparsely populated downtown Hong Kong room, calling “Going once.” I go there twice! before slaughtering his hammer on “Sheng Shi Xue” by Franco-Chinese artist Chu Teh-Chun. After more than 70 bids and more than 20 minutes of deadlocked bidding, thunderous applause resounded in the auction […]

Working and traveling in Europe – support for the visual arts, the art market and museums

This checklist is designed for museum professionals, artists (or those involved in art trade or exhibition) who wish to work, travel between art fairs or visit an EU country, the Switzerland, Norway, Iceland or Liechtenstein. Further information and support is available through the Export Helpdesk, accessible online or by calling the hotline on 0300 303 […]

The Recorder – After a successful fall season, Makers and Art Market in Shelburne Falls returns for a spring event

Posted: 7/5/2021 15:20:20 PM SHELBURNE FALLS – Following a successful fall 2020 season, the outdoor Makers and Art Market located at The Mill in Shelburne Falls will be back on Saturday, May 15. Held from 10 a.m. to 4 p.m., the market will feature works of artisans and resident artists in the wood, glass, pottery, […]

How the Chinese art market embraced NFTs

Despite China’s readiness for new technology, which encompasses the ubiquitous use of QR code, mobile payment, and live streaming, cryptocurrencies remain a gray area in the Chinese regulatory environment. In 2017, China ruled crypto-based fundraising processes involving initial coin offerings (or ICOs) illegal, and crypto-related companies have been operating on tiptoes ever since. But in […]

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 […]

Covid lockdown is a blessing in disguise for the art market – The New Indian Express

Express news service In recent quarters, the art world has recorded astronomical auction prices for master pieces. Galleries such as Saffronart, Pundoles and others have seen collectors pay unprecedented prices for works.Ashvin Rajagopalan, director of the Piramal Foundation of Art, says that “The production of works of art was initially limited. But now artists are […]

How Helen Frankenthaler’s color-soaked canvases conquered the art market

In 1972, Frankenthaler began showing with John Berggruen in San Francisco, expanding her domestic footprint and continuing the steady build-up of interested collectors, although according to Berggruen she was still primarily a US-centric phenomenon. “I felt she was underrated, underrated if you mean to say, because of European collectors and museums,” Berggruen said. “His exhibition […]

What you need to know about DailyCoin

Navigating the Crypto Art Market: What You Need to Know Like stocks, bonds, gold or Bitcoins, art has value. Last year, symbolic or crypto art made waves in art communities and mainstream culture as it grabbed headlines around the world – but is there any tangible value in it? crypto art? Professional artists and amateurs […]

The art market is “at high risk” for money laundering, so ignore the new regulations at your own risk.

Having worked at Sotheby’s for 30 years and married to an antique dealer for 20 years, I appreciate how art specialists dread the words “Anti Money Laundering Compliance”. However, ignoring MLA compliance is not an option in the UK and is no longer optional as of January 10, 2020. It’s just one of those things […]

Hong Kong art market comes back to life with record sale of $ 41.9 million

The Hong Kong art auction market is showing signs of a return to post-pandemic life with the sale on Tuesday of the most expensive Western artwork to ever be auctioned in Asia. “Warrior,” a painting by Jean-Michel Basquiat (1960-1988), an American artist of Haitian and Puerto Rican descent, was sold in a Christie’s single lot […]

Art market shrank 22% in pandemic year, study finds

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

How craftsmanship became a force in the art market

The line between fine arts and craftsmanship has been blurring for decades. Once closely watched by art historians, curators and critics – who, as scholar Terry Smith once said, generally dismissed craftsmanship as “intimately associated with the hand, with the touch”, everything by associating art with more engaging activities such as “ideas, suggestions, concepts”. – […]

Christie’s Hopes to Open a New Frontier of the Art Market with the First-Ever Major Auction of an All-Digital Blockchain Artwork

Given the relentless buzz surrounding non-fungible tokens (or NFTs) lately, it was only a matter of time before the excitement spread across the art industry. This time has come. Christie’s has announced the sale of the very first pure digital artwork to be auctioned: Daily — The first 5,000 days by Mike Winkelmann, who is […]

Sharp increase in art sales as records continue to be broken

This report matches data from many of the world’s largest art dealers, including West Park Gallery, which has been running online auctions for april 2020. “I think we are seeing a fundamental change in the way people buy art,” said Park West Founder and CEO Albert Scaglione. “There are many benefits to the online experience, […]

the year of cancellation culture and bricks and clicks

There are many words that could describe 2020. Few are printable. It was a bit like making an army obstacle course blindfoldedAs Melanie Clore, co-founder of Clore Wyndham art Advisory puts it. In January and February, the coronavirus was widely – foolishly – viewed in the West as an Asian problem. The big question was […]

Artnet Talks: Why New York Collectors Dominate the Art Market Now and After the Pandemic

Artnet Talks is a new series of live conversations between artists, curators, gallery owners and art professionals that brings an in-depth dimension to our usual coverage of the biggest stories in the art world. A conversation between: art advisor Wendy Cromwell, creative business strategist, and collectors Victoria Rogers and Susan Hort, moderated by Artnet News […]

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