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Three years ago, just after the Covid pandemic, artworks by a whole new generation of artists suddenly became very valuable on the art market. Today, although the market is contracting, it is still continuing to honor promising young artists. Artmarket looks back at the three most notable results of 2024, comparing them to the peaks ...

At the beginning of April, Sotheby’s secured several satisfactory results during its Hong Kong sales, notably $12 million for I Want to See the Bright Lights Tonight by Yoshitomo NARA, and $10 million for a self-portrait by Pablo PICASSO wearing his famous sailor’s shirt and a straw hat. In the Contemporary segment, a large drawing ...

Against the backdrop of somewhat low key art auction results since the start of the year, New York’s sales of Modern and Contemporary art in May managed to reassure both sellers and collectors: together, Christie’s, Sotheby’s and Phillips generated $1.3 billion. The market has clearly been more selective over the past year and a half, ...