The Art Market 2013 – Best year ever

[04 Mar 2014]

 

As Artprice had sensed, and indeed written, during 2013, this was indeed the best year ever recorded in auction history (over $12 billion), and the best sale ever for Christie’s in its 247 year-old history – achieved in addition for post-war and contemporary art, with an absolute record for a hammer price: $127 million. This went to a work by the British artist Francis Bacon. 2013 was marked by nearly 15,000 new records for artists, and over 23,000 if first bids are included.

This splendid year was shored up by a globalised demand, particularly with buyers from Asia, the Middle East and Russia, who played a crucial role in the market’s fine performance, and displayed a voracious appetite for flagship artists of the 20th century, landing them in a spate of records.

Artprice.com has been the world leader in art market information since 1987. Each year, it analyses auction results throughout the world, together with variations in the market, quoted values and price indexes for artists and works, and the forces involved in this specific market. It also examines the various cultural sensibilities and the intrinsic relationship between art and money, which produces much covetousness, and a few disappointments as well.

Artprice publishes this exclusive report on the art market in six languages. It is quoted by 6,300 international institutions and media each year. Produced using the bidding results from 4,500 auction houses, the 2013 Annual Report consists of macro-economic and micro-economic analyses updated according to new sales and variations in the price of art works. The report, published by Artprice press agency ArtMarketInsight with the econometrics department of Artprice, also contains original rankings such as the Top 500 of artists by turnover, and the list of the 100 highest bids of the year.

thierry Ehrmann

SUMMARY

Introduction
Key figures for 2013
Media
Periods
Geography of the market
Conclusion

Format PDF (EN/ FR/ DE/ ES)
138 pages
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Artprice.com (c)1987-2014 thierry Ehrman

Artprice is the global leader in art price and art index databanks. It has over 27 million indices and auction results covering more than 500,000 artists around the world. Artprice Images(R) gives unlimited access to the largest Art Market resource in the world: a library of 108 million images or prints of artworks from the year 1700 to the present day, along with comments by Artprice’s art historians. Artprice permanently enriches its databanks with information from 4,500 auctioneers and it publishes a constant flow of art market trends for the world’s principal news agencies and approximately 6,300 international press publications. For its 2,500,000 members (members log in), Artprice gives access to ads posted by members. This space represents the world’s leading Standardised Marketplace® for buying and selling art. These sales take place under two systems: either fixed price sales or auction-sales (regulated by paragraphs 2 and 3 of Article L 321.3 of the French Code of Commerce).

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Contact: Josette Mey, tel: +33(0)478-220-000, e-mail: ir@artprice.com