Mary Lane – The Wall Street Journal

Date13th July 2014
GuestMary Lane
MarketUs_europe
Topic,
CompanyThe Wall Street Journal

In this week’s episode of the ArtTactic Podcast, Mary Lane, European art market reporter for The Wall Street Journal, joins us to recap last week’s London Post-War & Contemporary auctions. First, Mary identifies a trend in the marketplace that was manifested during the sales, in which collectors are more focused on acquiring artworks by younger, millenial artists, rather than lesser quality works by blue-chip artists, and explains why the marketplace reacted to this trend in a positive manner. Then, she discusses how artists, galleries, auction houses and collectors are responding to the recent phenomenon in which several born post-1980 artists are appearing at auction. Lastly, Mary details some of the major reasons why young artists are now appearing at auction at a rate far greater than in the past.