US & European Art Market Series

Katya Kazakina – Bloomberg News

22 November 2017

In this week’s episode of the ArtTactic Podcast, Katya Kazakina, art market reporter for Bloomberg News, joins us to recap last week’s major auctions in New York. First, Katya dissects the sale of Leonardo da Vinci’s Salvator Mundi, which sold for $450 million at Christie’s, including expectations leading up to the sale and certain critics calling into question the authenticity of the artwork, and then what it was like to be in the auction room during the sale of the work as well as art market insiders’ initial responses to the sale. Then, Katya identifies several reasons why the market is feeling optimistic after the buoyant auctions, including the increased presence of Asian collectors participating in the sales. Also, she discusses that while abstract art created by emerging artists performed very well over the past few years at auction, we are seeing an increasing number of figurative artworks by emerging artists doing well at auction, including Shara Hughes, Kon Trubkovich, Katherine Bernhardt, Lesley Vance and Nicole Eisenman.

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Pierre Valentine, Tim Maxwell, Craig Davies, Fionnuala Rogers – PAIAM

25 October 2017

In this week’s episode of the ArtTactic Podcast, we’re joined by four guests, Pierre Valentin, partner at Constantine Cannon, Tim Maxwell, partner at Boodle Hatfield, Craig Davies, partner at Rawlinson & Hunter and Fionnuala Rogers, art law consultant at Constantine Cannon, to discuss Brexit’s impact on the UK art market. Specifically, we look at its potential effect on copyright, artist’s resale right, VAT and the trade of endangered species. Each are contributors to a Brexit memoranda published by PAIAM, Professional Advisors to the International Art Market, a networking platform for professionals in the art market.

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Nate Freeman – ARTnews

11 October 2017

In this week’s episode of the ArtTactic Podcast, Nate Freeman, senior staff writer at ARTnews, joins us to recap last week’s Frieze Art Fair as well as the major October contemporary auctions. First, Nate explains why this year’s edition of the fair was particularly successful for exhibiting galleries. Then, he discusses the shift in power from galleries to blue-chip artists, who are more frequently calling the shots when it comes to including their artworks in galleries’ booths. Also, for those who weren’t able to attend Frieze, Nate identifies some of the most talked about artworks from this year’s fair. Additionally, Nate shares some of the major takeaways from last week’s contemporary auctions in London and speculates where the art market stands at the end of a busy week in London.

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Rob Sass – Porsche Panorama

1 September 2017

In this week’s edition of the ArtTactic Podcast, Rob Sass, editor in chief of Porsche Panorama and contributor to The New York Times, joins us to recap last week’s classic car auctions in Monterey. First, Rob explains the importance of the Monterey auctions as a barometer for the health of the classic car market. Then, he recaps some of the major takeaways from the sales and where the classic car market stands at this moment. Also, Rob talks about the expansion of the collector base over the past few years and he touches on if insiders are concerned that autonomous vehicles may negatively impact the future of the classic car market.

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Anny Shaw – The Art Newspaper

7 July 2017

In this week’s edition of the ArtTactic Podcast, Anny Shaw, UK correspondent and art market reporter for The Art Newspaper, joins us to recap last week’s post-war and contemporary auctions in London. First, Anny discusses how Christie’s absence from the June sales impacted the makeup of the other auction houses’ sales as well as the sentiment heading into the week. Then, she details Sotheby’s performance and more interestingly the successes of Phillips and Bonham’s sales. Further, Anny speculates what the future looks like for the auction calendar in June.

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Robin Pogrebin – The New York Times

28 June 2017

In this week’s episode of the ArtTactic Podcast, Robin Pogrebin, culture reporter for The New York Times, joins us to discuss the recent phenomenon of an increasing number of small and mid size galleries closing in the US. First, Robin identifies art fairs, social media and mega galleries as the major reasons why this trend is occurring at this time. Also, Robin speculates if this pattern is temporary or if a shift in the way art transactions occur is responsible. Then. she explains why social media hasn’t helped small and mid size galleries as much as they anticipated. Lastly, Robin reveals what typically happens to artists represented by these now closed galleries.

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Judd Tully – Art + Auction Magazine

24 June 2017

In this week’s episode of the ArtTactic Podcast, Judd Tully, editor at large of Art + Auction Magazine, joins us to recap Art Basel. First, Judd lists the reasons behind the extremely positive reception to this year’s fair. Then, Judd reveals what we learned about the state of the art market as a result of the reported sales at Art Basel. Also, he discusses the growing difference in pricing at Art Basel between blue chip art and primary market material. Lastly, Judd discusses the extent to which artworks from the big winners in the May auctions, such as Jean-Michel Basquiat, were on display at this edition of Art Basel.

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Kelly Crow – The Wall Street Journal

26 May 2017

In this week’s edition of the ArtTactic Podcast, Kelly Crow, art market reporter for the Wall Street Journal, joins us to analyze the results of last week’s major NY post-war and contemporary auctions. First, Kelly compares billionaire Yusaku Maezawa, the winner of the record setting Jean-Michel Basquiat painting that sold at Sotheby’s for $110.5 million, to other prominent art collectors. Then, she provides some perspective on where the Basquiat market is at the moment following that monumental sale. More broadly, Kelly shares some of the major takeaways from the sales according to market insiders. Lastly, she speculates if prospective sellers will have more confidence selling at auction in the near future as a result of these successful sales.

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Lisa Schiff – SFA Advisory

11 May 2017

In this week’s episode of the ArtTactic Podcast, we’re joined by New York-based art advisor and founder of SFA Art Advisory, Lisa Schiff. First, Lisa shares her impressions from last week’s TEFAF and Frieze fairs in New York. Then, she gives her thoughts on how strong the art market is at the moment. Also, Lisa explains why private sales are up at the expense of auction houses. Lastly, Lisa shares her thoughts on artworks she’s closely following that are upcoming at auction next week which are also featured in ArtTactic’s ArtForecaster May competition. These include artworks by Jean-Michel Basquiat, Christopher Wool, Donald Judd, Bruce Nauman and Joan Mitchell.

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Kenny Schachter

10 May 2017

In this week’s edition of the ArtTactic Podcast, dealer and author Kenny Schachter, speaks with us about the upcoming May major post-war and contemporary auctions. First, Kenny reflects on the zombie formalist movement and shares with us what trends people in the market are speaking about most frequently at the moment. Then, he describes current market conditions and where he foresees the marketing heading in the near-term. After, Kenny shares insights and predicts prices for artworks he’s closely following that are upcoming at auction which are also featured in ArtTactic’s ArtForecaster May competition. These includes artworks by: Andy Warhol, Jean-Michel Basquiat, Bruce Nauman, Rudolf Stingel, Christopher Wool, Marcel Duchamp, Mark Grotjahn, Jonas Wood, Richard Prince and Peter Doig.

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