THE WORLD LEADER IN ART MARKET INFORMATION

-4.30

More info

Artist search

in our data bases

NEW in our 290,000 auction catalogs

Back to previous ART MARKET INSIGHT

Art Market Insight

Art investment

The New Realists - Six records in six months [ 15 Jul ]

During their lifetimes, several New Realists gained considerable recognition in the United States. Their participation in the artistic maelstrom of New York during the 1960-80s partly explains their success at American and British auctions. Pierre Restany, a travelling art critic and polyglot involved in the emergence of the movement, worked towards their promotion in the USA; artist Niki de Saint Phalle, a French-Americain, frequently crossed the Atlantic; Jean Tinguely gained notoriety with his Homage to New-York, a cacaphonic happening at the MOMA in 1960 whose apotheosis was its intended self-destruction. The following year, Arman exposed for the first time in New-York, while Leo Castelli, a dealer of Warhol, Lichtenstein and Rauschenberg, opened his gallery to Yves Klein.

Jan Fabre - Artist and entomologist [ 14 Jul ]

Originally from in Anvers in Belgium, Jan Fabre developed a French connection via his fascination for the work of his namesake Jean-Henri Fabre (1823-1915) a 19th century entomologist and poet who described with tremendous accuracy and passion the life of insects, particularly beetles. Indeed, the iridescent carapace of beetles is a key material in the Jan Fabre's work. Since 2002, the magnificent changing reflections of 1.4 million beetle shells decorate the ceiling of mirrors of the Royal Palace Brussels as part of his most impressive official order.

Art Market Confidence Index: a reversal in trend [ 12 Jul ]

The confidence indicator for players in the art market has been falling for nearly a month. Having peaked at +31 points at the end of May following the excellent results from the May New York sales, this indicator has gradually turned down…haunted by the ghost of an unprecedented global economic recession.

Joseph Mallord William TURNER (1775-1851) [ 11 Jul ]

Starting on 1st July 2008, the Metropolitan Museum of New-York is hosting the largest ever American retrospective exhibition of the work of William Turner (1775-1851) for 40 years (J. M. W. Turner, 1 July - 21 September 2008). Seascapes, landscapes, historic scenes - all the subjects the artist liked to paint - will be presented. The exhibition is organised in association with the Tate Britain Gallery which has lent a large number of its exhibited works. In fact the London museum is also the administrator of the Turner Fund which essentially manages the legacy inherited by the British Crown after the artist's death.

The New York School [ 27 Jun ]

The European artists who sought refuge in New York during the Second World War helped stoke up a simmering US art scene. A resurgence in US painting was in the making. A resurgence that would be abstract and manifest in two key movements: Action painting, consisting of gestural painting that emphasised the physical act of painting, and Color Field painting, characterised by large, flat areas of vibrant colour conducive to meditation.

Raining records in London [ 26 Jun ]

In London, the European capital of the art market, Sotheby’s and Christie’s have once again confirmed the good health of the top end of the market. The Impressionist and Modern Art Evening Sale of 24 June at Christie’s generated £144 million ($284 million), the largest sales volume ever posted by a European auction. The following day, Sotheby's took £102 million, exceeding its aggregate high estimates by 7 million.

Contemporary art - New arrivals to the world of public auctions [ 25 Jun ]

Every year, nearly 3,000 artists have their first work(s) sold at auction. This first sale is a significant step because for most people the prices they command represent a sort of benchmark which follows them throughout their career. Galleries find it less easy to support their favourite artists if the latter have not shown the capacity to generate sufficiently strong performances in the public auction arena. Likewise, a strong auction performance is an ideal trampoline for guaranteeing the success of future exhibitions on the primary market. So who got started in 2007? Artprice looks at the top 50 new entrants.

Design Market - Pierre Paulin (1927) [ 24 Jun ]

In 2007, Pierre Paulin celebrated his 80th birthday and 60 years of collaboration with Artifort. He also had a solo exhibition of about 100 pieces brought together under the title "Pierre Paulin: Superdesigner" (Villa Noailles, France). In 2008, the exhibition went to Belgium while two other events highlighted his work in Paris: he was nominated for the "Creator of the Year" award at the Furniture Fair (January 20) and an exhibition entitled Le design au pouvoir (design at the service of government) focused on his forty year collaboration with the "Mobilier national" (French institution for the interior design) at the Galerie des Gobelins, 2 February 2008 to 27 July 2008.

Contemporary sculpture in excellent shape [ 16 Jun ]

In the contemporary art field, sculpture, and particularly the offshoot known as 'installations', is currently enjoying a high level of market interest. At the top end, collectors are now paying tens of millions of dollars for monumental works by the likes of Koons, Hirst and Murakami. Artprice takes a look at this high profile segment of the market occupied by young artists, all born after 1945.
In less than a year, the number of 7-figure (sometimes 8 ...) auction sales involving three dimensional works has substantially increased. In 2007, 14 works sold for over a million dollars; in the first six months of 2008, we are already at 18...

Ettore Sottsass (1917-2007) - Design effervescence [ 10 Jun ]

Ettore Sottsass, guru of counter-current design, died on 31 December 2007. Born 90 years earlier in Austria, Sottsass lived in Turin after 1929 and obtained a diploma from the Ecole Polytechnique in 1939. Following in the footsteps of his father, he chose to study architecture. He opened his own architects’ practice in Milan at the relatively young age of thirty and then left for the United States in 1956 where he began conceiving prefabricated houses working with George Nelson. At the end of the 1950s, he also began to make an impression with his design work and started signing numerous contracts with firms like Poltronova, Alessi and Olivetti. In 1959 he received the prestigious Compasso d’Oro prize for his computer entitled “Elea 9003”.

Copyright © Artprice.com - Breakdowns / figures cover all catalogued sales of fine art works recorded by Artprice (paintings, sculpture, print, drawing, photography, etc.) excluding antiques and furniture.
Artprice accepts no responsibility for any use made of the information it provides. Any reproduction or representation of all or part of the information or graphics by any means whatsoever that does not include a mention stating source © Artprice.com or copyright © Artprice.com is illegal and represent a breach of copyright.

Contact us

OUR PARTNERS

is listed on Eurolist by Euronext Paris (Euroclear: 7478 - Bloomberg: PRC - Reuters: ARTF) - A company of