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Michael Armitage, a brief history of dazzling success [16.04.2021]

The Contemporary art market is currently showing a clear preference for figurative painting, especially if it addresses the themes of racial and sexual identities. The most popular artists on the other side of the Atlantic are often those who create work is related to the major social-cultural upheavals of our times. The works of Michael […]

Beeple, from crypto-success to mega-stardom [13.04.2021]

To see Mike Winkelmann – shirt & sweater, small glasses and greying temples – you would have no idea that this ‘normal family man’ appearance hides the imagination of Beeple, a hallucinated world, populated by Hillary Clinton cyborgs, Mark Zuckerberg zombies and futuristic starships in vertical robotic cities. So… apart from being the most bankable […]

A stimulating end of quarter at Sotheby’s [06.04.2021]

Having hosted Paris-London cross-geography and cross-category sales with a catalogue combining Giulio Romano and Gilbert & George, as well as Impressionist and Contemporary Art online sessions that elicited strong demand, Sotheby’s ended its first quarter on a high note with a total turnover of $208 million for 25 and 26 March alone. Van Gogh’s « Street […]

Flash News: MENART FAIR, a new fair in Paris – Françoise Pétrovitch, winner of the Guerlain Prize [02.04.2021]

The Florence and Daniel Guerlain Foundation drawing prize is awarded to Françoise Pétrovitch Three artists were shortlisted for this important prize reserved for contemporary drawing: German artist, Martin Dammann, Dutch artist, Erik van Lieshout and French artist Françoise Pétrovitch. The Guerlain Foundation asked everyone to make a video showing their works and commenting on their […]

Claire Tabouret enters France’s TOP 10 [30.03.2021]

Approaching her 40th birthday, Claire Tabouret is already the most popular living French artist on the art market. A phenomenal success that extends far beyond her native country. Claire Tabouret’s work has been described as expressing “sensitive power” and her paintings are said to convey memory, sensation and vulnerability. Her recent paintings have strong colours […]

Christie’s generated $274.8 million on 23 March [26.03.2021]

Christie’s pursued its online commitment in the framework of its prestige spring sales with three global live-streamed auctions from London, Hong Kong and New York on 23 March. Dedicated to 20th Century Art, the sessions generated a combined total of $274.8 million and included Jean-Michel BASQUIAT’s Warrior (sold in Hong Kong), a London session and […]

The tranquil power of Morandi’s œuvre is still convincing… [23.03.2021]

Classical but modern, calm but intense, figurative but minimalist … beyond the paradoxes, Morandi’s paintings evoke a simplicity and immobility that seem at odds with our image-consuming lifestyles and customs. Everything is a mystery said Morandi, ourselves and all things both humble and simple. With rigor, perseverance and modesty, the artist got as close as […]

Phillips hammers record after record in Ultra-Contemporary art [17.03.2021]

In the U-C market – that Philips has made a strategic priority – the thirst for novelty seems unquenchable. The success of its New Now sales, mixing established signatures with young artists on auction debuts, just keeps unfolding… Hosted on 3 March last, Phillips’ latest New Now session elicited enthusiasm from all over the globe […]

The Art Market report 2020 [16.03.2021]

  « The Art Market has now constructed the framework for a new economic model and reached a new equilibrium that the most optimistic projections weren’t expecting before 2025. It is now much better equipped for this ‘other way’ of living and collecting… that of the digital 21st century. » thierry Ehrmann, President and Founder of Artmarket.com […]

Buyer’s premium: is art becoming increasingly expensive? [09.03.2021]

2013, 2015, 2016, 2017, 2019 … more or less substantial increases in buyer’s fees are regularly imposed on bidders. The price reached when an auctioneer’s gavel drops – the hammer price – is not the price actually paid for the artwork. Auction houses take commissions, some of which are paid by the buyer who placed […]

News in brief: from Van Gogh… to Beeple [05.03.2021]

Beeple drives interest in non-fungible tokens (NFTs) market Will it end up being the most expensive digital artwork of all time? The First 5000 Days (2021) by Mike Winkelmann, aka ‘BEEPLE’, is currently skyrocketing in a Christie’s online auction. On Monday 1 March, four days after the start of the sale, this unique digital collage […]

Picasso… hot ceramics? [02.03.2021]

Picasso remains the most sought-after and valued artist in the world. His 2020 auction performance once again elevated him to the global number 1 position, both in terms of auction turnover ($245.4 million) and in terms of lots sold (nearly 3,400). Despite all the upheaval and disruption caused by the coronavirus pandemic, Picasso’s market status […]

Joan Mitchell, the art market’s leading female artist… [26.02.2021]

  The 17th most successful artist in the world (by 2020 annual auction turnover), Joan MITCHELL is above all the highest ranked female artist (after 16 men). Her annual total for last year exceeded that of hot signatures like Yoshitomo NARA (id: 171599), Yayoi KUSAMA and BANKSY. In the current health crisis, Joan Mitchell has […]

Jean Prouvé… the poet of metal [23.02.2021]

On 13 February, AnticThermal in Nancy hosted a an emblematic sale of works created by Jean PROUVÉ (1901-1984) for a house designed and built at the beginning of the 1960s for his daughter and overlooking Saint-Dié-des-Vosges (about 60km from Nancy). The house itself has recently been put on sale for approximately €1.5 million. With its […]

A new American chapter for RX gallery [19.02.2021]

The American adventure of French galleries appears to be accelerating! While some ten French galleries have opened in New York over the past 10 years, the most recent – RX gallery – has just inaugurated a new space. New York, with its concentration of major collectors (unparalleled in the West) and its super-fast approach to […]

Japan 2020: a healthy and dynamic art market [16.02.2021]

Neighbouring a Chinese market as powerful as that of the United States in terms of auction turnover, Japan generates only 2% of Asia’s total fine art auction revenue. This is of course a relatively small share at the global level, but in national terms its the eighth largest in the world after Italy and Switzerland […]

New Art Fair agenda… starting September [12.02.2021]

There are too many unknowns regarding the evolution of the pandemic and contingent travel restrictions for the fairs, initially planned for spring, to go ahead. In recent weeks we have seen numerous schedule changes with events planned for the first semester getting postponed, mostly until after the summer. The management of Art Paris has also […]

Deaccessioning vs. Inalienability: how museums are coping around the world… [09.02.2021]

Usually when a museum is mentioned in the context of an auction sale, it is in relation to the preemption of a work and not its sale… However, with the pandemic hitting the arts sector so hard, a number of institutions have either sold or are considering selling valuable works to keep themselves afloat. London’s […]

Works collected by Christo and Jeanne-Claude arrive at Sotheby’s [05.02.2021]

Like all artists, CHRISTO (1935-2020) and Jean-Claude fraternized with other artists and in some cases became very close friends. And like most artists, they also acquired and surrounded themselves with artworks they particularly liked. Christo and Jeanne Claude together acquired some exceptional pieces during their lives including works by Andy WARHOL, Marcel DUCHAMP, Lucio FONTANA […]

Old Masters: a ray of light… but a touch of disappointment [02.02.2021]

Sotheby’s eagerly awaited “Master Painting & Sculpture Part I” sale in New York on 28 January took a total of $114.5 million. With almost all eyes focused on the sublime Botticelli portrait, the sale’s other masterpieces were somewhat overshadowed. Part II of Sotheby’s Old Masters sale was organized exclusively online between 22 and 30 January […]

Botticelli’s Renaissance ‘golden boy’ [29.01.2021]

The consignment of a superb Sandro BOTTICELLI (c.1445-1510) painting to Sotheby’s is indeed a master stroke for the auctioneer; not only are paintings by the Renaissance master extremely rare, his portraits are almost impossible to find! The last time a Botticelli appeared on the market was in 2013 with a superb ‘The Rockefeller Madonna’: Madonna and […]

Judith Scott, new record for an outsider artist [26.01.2021]

  Born with Down’s syndrome and both deaf and dumb, Judith Scott was a self-taught American artist who is today recognized internationally. Last week, Christie’s New York set a new auction record for her work. Communicating with others only through touch, Judith SCOTT (1943-2005) started making art at the age of 44 at the Creative […]

Amoako Boafo… contagious success [22.01.2021]

Acquired by major collectors and American stars, courted by the fashion world and dubbed by museums, Ghanaian artist Amoako Boafo – at just 36 years old – is one of the most sought-after artists of the moment. And it has all happened in just a few months… in the midst of a global pandemic!   […]

The artist is dead… long live the artist! How real is the death effect? [19.01.2021]

The art world, or should we say, the art world’s more cynical flank, has become accustomed to referring to the impact of an artist’s death on the value of his/her works as the death effect. So today we ask… do artists’ prices systematically skyrocket after their demise? The ‘death effect’: a cynical calculation or a […]

Hergé, comic strip legend, starts the year with a new record [15.01.2021]

Artcurial kicked off 2021 with a sale dedicated to comics that included what Artcurial described as one of the most evocative and enigmatic book covers in the Adventures of Tintin series… a rare drawing that was expected to fetch around 3 million dollars. So how did Tintinophiles react? The patience of Tintin enthusiasts has been […]

Focus on Gerald Chukwuma [12.01.2021]

Born in Nigeria in 1973, Gerald CHUKWUMA graduated – with honors – from the University of Nigeria, Nsukka, at the age of 30. At the time, El Anatsui was teaching sculpture there and, although he did not follow his teaching directly, Chukwuma says that meeting El Anatsui had a decisive influence on the development of […]

2021: the best works in January auctions [08.01.2021]

The catalogues for the various different top-notch art auctions to be held this January have plenty of inspirational content. At Phillips there will be Contemporary prints by major signatures; at Christie’s there will be works by so-called Outsider artists as well as rare prints, while Sotheby’s will be offering some powerful masterpieces by Old Masters. […]

Focus on Kara Walker [05.01.2021]

Alternative stories, irreverent humor, reinterpretations of the past, appeals for a new contemporary conscience… Kara WALKER’s work has quickly found a prominent place in Contemporary art. In 1994, having just graduated from Rhode Island School of Design with an MFA (Master of Fine Arts), her work was shown at the Drawing Center in New York […]

Guerlain Prize: the three nominees [29.12.2020]

All in their fifties, the three 2021 Guerlain Prize nominees have all chosen drawing as their primary medium of expression and have mature careers; but they are from very different backgrounds. Martin Dammann is German, Erik van Lieshout is Dutch and Françoise Pétrovitch is French. Since 2006, the Guerlain Prize rewards “a medium that represents […]

Jenny Saville, a brilliant painter [22.12.2020]

Warning! Jenny Saville’s art may not be suitable for sensitive souls! The British artist has changed the way women are depicted… with her bodies of abundant and tortured flesh. Creating poignant and impactful images, Saville is one of the most admired painters of our time. Often said to be following in the footsteps of Rubens […]

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