5,000 works of art permanently on offer on the new standardised marketplace

[06.04.2005]

 

After only two months since its launch, Artprice’s new marketplace for artwork continues to boom. In March, Artprice’s Classified Ads section counted 450,000 visitors. At the beginning of April 2005, over 5,000 works by almost 4,000 artists were up for sale every day on this marketplace! By way of comparison, Art Basel and the FIAC each exhibit 1,500 artists.

Artprice’s Classified Ads section includes all market segments from old masters art to modern and contemporary art, and covers all price ranges. The priciest works on offer include an oil painting by Henri DE TOULOUSE-LAUTREC that has been on offer since 5 April for EUR 3.7 million, a large « dripping » by Jackson POLLOCK for USD 4 million and a painting by IL VERONESE for EUR 2.6 million. Half the ads post prices below the EUR 3,000 mark.

The new art marketplace also reflects previous auction transactions. As such, Salvador DALI, Marc CHAGALL, Pablo PICASSO and Andy WARHOL are the four artists most frequently offered on the Artprice website and at public auctions. These four artists alone account for 145 works.

The art market has rarely been so liquid. The standardised Classified Ads—which do not involve any additional fees or commissions—has reduced transaction times from several months to just a few days.
When prices are affordable, transactions are often carried out rapidly. What’s more, testimonials from satisfied advertisers keep flooding in.
Here are a few examples:

« I am a professional fine art appraiser and consultant and I have been an ArtPrice subscriber since 1999. I consult the database on a daily basis. The new ArtPrice Classifieds are a most welcome innovation. Since placing my first listings in early February I have already sold two works ( a Jules Achille Noel oil and a Cy Twombly print ) and I have had many inquiries about my other listings in my ArtPrice Classifieds. « 
Mark Alexander
Director, Art Services 2000 Ltd.
Fine Art Appraisal and Consulting Services, United States

« I posted my ad in Artprice Classifieds for the artist Antoni Clavé and got potential buyers contacting me the first day. I kept on receiving emails and phone calls and sold my advertised painting in two weeks time. Wonderful! »
Filipe de Blaye
Gallery ownerDe Blaye Fine Art, Spain

« J’ai posé mes annonces Artprice et j’ai très rapidement reçu plusieurs propositions. J’ai donc eu le choix entre différents acheteurs et le plus offrant était un américain, il m’a acheté 3 oeuvres ! « 
Claude Bellaton
Artiste
France