Scott Reyburn – Bloomberg News

Date4th July 2013
GuestScott Reyburn
MarketUs_europe
Topic,
CompanyBloomberg News

In this week’s ArtTactic Podcast, we’re here with Scott Reyburn, art market correspondent for Bloomberg News, to recap last week’s Post-War & Contemporary auctions in London. With last week’s evening sales producing a total 30% less than the same sales a year ago, Scott discusses to what extent this was due to a fall in the strength of the market versus a lack of supply of blue-chip artworks on the auction block. Then, he addresses the topic of art market fatigue, one that has been written about frequently over the past few weeks.  Scott tells us if it’s a real phenomenon, if it’s a bad thing and if market participants have conversed with him about potentially changing things in the future to avoid this sensation. Lastly, Scott reveals if we are still seeing increasing participation in major Post-War & Contemporary auctions from non-US and European collectors.