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ArtTactic Art Investment Research |
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New Reports - February 2010
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US & European Art Market Confidence - February 2010
Contemporary art market confidence returns to autumn 2007 level, however uncertainty about the sustainability of the global economic recovery remains. Both the primary and auction market confidence are now in positive territory, signalling that we could see further uplift inthe market from current levels.
Speculation risk remains subdued, and there is no signals yet that speculators are returning to the market.
Click here for to view Report summary.
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Indian Art Market Confidence - Nov 2009
The overall confidence in the Indian art market has bounced back after reaching an all-time low of 20 in May 2009. The current confidence indicator is now standing at 49, just below the 50 level, which indicates that there is an equal ratio between positive and negative responses regarding the short-term outlook for the overall Indian art market.
Click here for to view Report summary.
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Contemporary Photography Report 2009
The Photography Market Confidence Indicator currently stands at 51 in June 2009, up from 36 in December 2008.
Contemporary Photography increased its market share: The contemporary photography market segment has increased its market share in dedicated Photography auction sales from a 21% share in 2008, to 33% in 2009.
Click here for to view Report summary.
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Top
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Sotheby's, in a Dazzling Sale, Nets 4 Million - 12-11-2009
In one of the most stunning performances ever on the contemporary art market scene, Sotheby’s sold on Wednesday evening 52 paintings, drawings and three-dimensional works, ranging from the 1950s to the present time, for a total of 4.44 million. This figure exceeded the highest expectations by more than a third, a rare occurrence under any circumstances. New York Times
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Warhol Sells for $43.7 Million at Sotheby's - 12-11-2009
In a gear-changing sign that the art market is shaking off the recession, Sotheby's auctioned off $134.4 million worth of post-war and contemporary art earlier tonight at its Manhattan salesroom, including a smoky sheet of dollar bills by Andy Warhol that sold for $43.7 million. The sale total surpassed the auction house's own goal of $67.9 million to $97.7 million - and outperformed its $125 million sale of contemporary art last November. Wall Street Journal
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Pawn industry gets a boost from the woes of City slickers - 27-10-2009
While most of the economy languishes in the doldrums, it’s been a heady year for the pawnbroking industry. With the recession applying financial pressures and mainstream lines of credit drying up, people have had to find other ways of raising money, while pawnbrokers have also been taking advantage of the surging price of gold. CITY A.M.
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Is it just Art or is it Progress?
5th February 2010 |
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Can you keep a secret? But please don’t tell anyone, because if you do, knowing how the art world is, no one will go see the Tino Sehgal show at the Guggenheim. No, its not that the museum’s... |
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The state of the arts is … blah
1st February 2010 |
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| President Obama in his address last night studiously avoided the phrase, “the State of the Union is strong.” If there were a State of the Union for the arts, the speaker—Who would it... |
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15 artists in Hanging Fire, first show of contemporary art from Pakistan in US – video
1st February 2010 |
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| PAKISTANI ART IN UNITED STATES
The Hanging Fire: Contemporary Art from Pakistan exhibition presented by the Asia Society Museum has recently wrapped up in New York City, but you can still get a taste... |
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Colin Chinnery, director of ShContemporary, on future of Shanghai Art Fair – interview Artron
1st February 2010 |
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| SHANGHAI ART FAIR INTERVIEW
Colin Chinnery was in a precarious position as the new direction of ShContemporary, the Shanghai art fair, in 2009. The young art fair, having its 3rd incarnation in... |
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The ones to watch: four young Taiwanese artists in Taipei Arts Awards
27th January 2010 |
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| Taipei Arts Awards celebrates works of talented up-and-comer
Four winners have been selected from 380 submitted works in the Taipei Arts Awards 2009. Ni Xiang, Chang Li-ren, Chang Huei-ming and Tao... |
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