The inaugural half-year edition of the Artnet Intelligence Report, compiled by Artnet News contributor Julia Halperin, attempts to describe the current art market by the numbers. The conclusion: prices are generally dropping and bargains are to be had for the [ … ]
For ten years now the blue chip insurance group Hiscox has been publishing a report on the online art trade, tracking it from modest beginnings to an estimated $10.8 billion in sales last year. That was a rise of six [ … ]
Every autumn, Artprice publishes a report on the global Contemporary Art market – specifically, auction sales for artists born after 1945. This year it has a narrowed focus, on what it calls ‘ultra-contemporary’ artists, defined as those under 40. This [ … ]
The seventh edition of The Art Basel and UBS Global Art Market Report has just arrived, still credited to Clare McAndrew, doyen of arts market economists, and still providing the most comprehensive macroeconomic analysis of the state of the global [ … ]
Art Basel and its parent MCH Group have announced the launch of Arcual, “a new blockchain ecosystem offering smart contract solutions for the art community”. Arcual’s raison d‘être is a digital ledger which offers artists, galleries, institutions, and collectors a [ … ]
Crisis? What crisis? Despite the predictions of post-Covid gloom, widespread economic despondency as inflation his new peaks, the wars continuing around the world, the growth of rabid populism, and imminent global environmental disaster, it seems the rich are feeling pretty [ … ]
Every autumn, Artprice.com publishes a report based on its monitoring of the global Contemporary Art market – which in practice means the publicly reported sales of such works (paintings, sculptures, drawings, photographs, prints, videos, installations, art NFTs, and of course [ … ]
The art market seems to be recovering nicely from the pandemic, with the art fairs apparently unfazed and the buyers continuing to spend. According to the last Art Basel /UBS Global Art Market Report, global sales recovered strongly in 2021, [ … ]
The NFT business may have lost some of its lustre recently, but Christie’s clearly thinks that’s just a blip. It has launched an investment fund with “several million dollars” to out into emerging tech companies in the business of “creating [ … ]
The art market last year confirmed a strong recovery from the pandemic, with a return to live sales with steady growth in online business. Aggregate sales of art and antiques by dealers and auction houses reached an estimated $65.1 billion [ … ]
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