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Contemporary art looses its shine
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.
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- [novembre 2008]

Buyers much more cautious at New York sales
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.
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- [novembre 2008]

The crisis spreads to the art market
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.
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- [novembre 2008]

Contemporary Korean Art
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.
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- [octobre 2008]

Artprice and the Fiac have published an exclusive report on the 2007/2008 contemporary art market, in partnership with Axa Art

For the 35th edition of the Fiac (Foire Internationale d´Art Contemporain) and in partnership with Axa Art, Artprice, Fiac´s press partner, published an exclusive reference report on the contemporary art market worldwide. This book delivers key information to understand what is at stake on the international art market. It will be distributed to the media and to all the visitors coming to the Grand Palais and the Carré du Louvre from 23 to 26 Oct. 2008.
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- [octobre 2008]


FIAC 2008
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.
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- [octobre 2008]

German Expressionism - aggression with a brush
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.
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- [octobre 2008]
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