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Antony Gormley – work on a grand scale…   [ 02 Nov ]

Antony Gormley was 31 when London’s Whitechapel Art Gallery opened its doors to his first solo exhibition. That was in 1981, the year Gormley created his first hominoid sculptures (Three Ways). In 2008-2009, Gormley was the n° 3 contemporary British artist ranked by auction revenue.

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Chinese Contemporary Art today   [ 26 Oct ]

Over the last five years, Asian and particularly Chinese art has been one of the most dynamic segments on the secondary art market. Alongside the discovery and value appreciation of artists now recognised as the leading lights of Asian art, the phenomenal success of Chinese art at auctions as of 2004 generated wild expectations amongst artists from the region and prompted speculators and investment funds to snap up works by unknown signatures in the hope of riding the next auction rocket.

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Artprice and the Fiac publish an exclusive report on the 2008/2009 contemporary art market   [ 20 Oct ]

Artprice, the press partner of the Fiac (Foire Internationale d'Art Contemporain), publishes its reference report on the 2008/2009 contemporary art market worldwide. The book will be distributed for free to the media, to VIP’s and to all the visitors coming to the Grand Palais and the Cour Carrée du Louvre from 22 to 25 Oct. 2009.

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FIAC 2009 – 36th International Contemporary Art Fair in Paris   [ 12 Oct ]

The 36th edition of the FIAC will stimulate the heart of Paris between the Grand Palais and Cour Carrée of the Louvre from 22 to 25 October 2009. As in previous editions, the 2009 FIAC is asserting its international vocation with 196 galleries selected from 21 countries and presenting the work of no less than 3,500 artists.

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All eyes on the autumn sales   [ 05 Oct ]

The first September sales have produced lacklustre results. In a climate of serious prudency – with no room for over-bidding or risk-taking – only the safest bet on the contemporary market (Andy Warhol) has lived up to expectations. However, one exception to the market’s general gloom has been the thirty year-old Indian artist Jitish Kallah.

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Hong Kong stirs from slumber   [ 28 Sep ]

Sotheby’s kicks off its Modern and Contemporary Asian Art sales in Hong Kong on 6 October 2009. The day will be divided into three sessions: 20th Century Chinese Art, Modern and Contemporary Southeast Asian Paintings and Contemporary Asian Art. The catalogues are ambitious with more than 380 works by Chinese, Japanese, Indian, Indonesian and Korean artists, and a total revenue estimate of close to $25m.

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From Phillips to Phillips de Pury & Co.   [ 21 Sep ]

Phillips de Pury & Co.'s inclination towards contemporary art, photography and design perfectly demonstrates the mutations of the art market during the last decade. The auction house experienced the exhilaration of the surge in prices and the violent contraction of the market... no matter what, Phillips de Pury & Co will stick with ultra contemporary art.

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Indian contemporary art : the podium   [ 14 Sep ]

In the 1990s there was virtually no secondary art market in India. Between 2000 and 2008, the price index of Contemporary Art multiplied by seven! While Anish KAPOOR and Subodh GUPTA are among the world’s fifteen top-selling Contemporary artists with auction revenues of €11.2m and €10.7m respectively, the third top-selling Indian artist, TV SANTOSH, had a revenue total only one tenth of his peers’ (€1.2m).

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Maurizio Cattelan – The art of deception   [ 07 Sep ]

Maurizio CATTELAN has made a fortune from displaying his cynicism about art and the art world and attacking its mechanics: he has opened a gallery in New York (the Wrong Gallery) that is always closed and never sells anything; he has set up a foundation allowing an artist to live for one year on condition that he/she exhibits nothing (Oblomov Foundation);

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The end of the Geneva Free Port: a boon for Asia   [ 31 Aug ]

The tightening of Swiss legislation concerning the Geneva Free Ports represents a windfall for the Asian market. And for the French market…?
The company Geneva Free Ports & Warehouses Ltd, which presented itself as a “genuine offshore base at the heart of Europe”, lost its precious status as an extra-territorial zone in May 2009 and become “Swiss regime storage”.

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