TOPICS
ART MARKET TRENDS
PRESS RELATIONS
What we offer
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Contemporary art looses its shine
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The market for contemporary art, the most speculative segment of the art market (+108% since 2003), has not withstood the shocks of the current financial turmoil. The results of the prestigious November sales in New York organised by Sotheby´s and Christie´s on 11 and 12 November are most discouraging.
Read more - [novembre 2008] |
Buyers much more cautious at New York sales
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The financial crisis is taking its toll on the art world. The prestigious and high-profile Modern and Impressionist Art sales in New York were very disappointing. Moreover they suggest very difficult times ahead. The results recorded by Sotheby´s and Christie´s from 3 to 6 November 2008 are way below the auctioneers' expectations proving that even the ultra top-end of the market is now impacted by the crisis.
Read more - [novembre 2008] |
The crisis spreads to the art market
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The impact of the financial crisis on the art market - traditionally perceived as a financial safe haven - is now clearly confirmed. A market downturn is no longer a theoretical scenario... it is a reality. Since the beginning of September, the art market has contracted for the first time since 1990.
Read more - [novembre 2008] |
Contemporary Korean Art
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On the one hand, Korean art is being driven by changes within the country that started 20 years ago with the Olympic Games in Seoul and the first fully democratic elections, and on the other hand, by the remarkable success of contemporary Chinese and Indian artists.
While Asian auction houses, such as Borobudur Singapore and Seoul Auction Center, are driving the market there, the global majors, Christie´s and Sotheby´s, recently integrated Korean art into their Contemporary Asian Art sales. Korea also has its own art fair, the KIAF, whose seventh edition ended in September.
Read more - [octobre 2008] |
FIAC 2008
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From 20 to 27 October, Paris will enjoy its annual period of intense proximity to the world of Contemporary Art with a series of events, public sales and exhibitions not the least of which being the 35th edition of the FIAC (International Contemporary Art Fair) from 23/26 October at the Grand Palais, the Cour Carrée (next to the Centre Pompidou) and in the Jardins des Tuileries.
Read more - [octobre 2008] |
German Expressionism - aggression with a brush
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The price index for German expressionist masters has been particularly dynamic over the past 2 years.
Underpinning this price progression: a rarefaction of the offer; some exceptional works coming to market and plenty of recent exhibitions.
For example, Emil Nolde is currently being honoured with a retrospective at the Grand Palais in Paris – until 19 January 2009.
Read more - [octobre 2008] |
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