Wade Guyton: Artist Market Reports – February 2019
|Report Type||Artist Report|
This is the inaugural ArtTactic report on the market for Wade Guyton (American, b.1972). The report analysis takes a forensic look at different aspects of his market, including experts’ market confidence, exhibition and institutional analysis, as well as an in-depth look at every aspect of his auction market, broken down into specific series of works that underpins his career.
Selected Report Findings:
Short-term confidence falling, but long-term outlook remains positive: Despite the lack of confidence among experts regarding the short-term direction of the Wade Guyton market, the large majority continue to believe in the long-term sustainability and growth of this market.
Auction sales continue to weaken in 2018: Liquidity at auction has been gradually drying up since 2016, with few signs that this will change this year. There are no Guyton art works coming up in London’s Post-War & Contemporary art season in March 2019.
Less museum exposure offset by increased commercial exhibition activity: Guyton’s institutional exposure reduced significantly in 2018, with only three group shows featuring the artist’s work. However, Guyton’s commercial gallery activity last year has been positive by comparison and saw the highest number of exhibitions since 2012. Overall, the reduction in curatorial attention may have begun to take its toll on auction sales and price confidence.
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The report contains the following elements:
Wade Guyton Market Background and Timeline.
Exhibition Analysis 2000-2018.
Wade Guyton Art Market Confidence Analysis.
Total Sales, Average Prices and Hammer-Ratio analysis. 2006-2018.
Analysis by segments including; Breakdown by Year of Creation and Medium.
Artwork Analyses: ‘X’ Paintings and ‘Fire’ Paintings, Sculptures, Drawings and Prints.
Price Segmentation and Top 10 Price Analyses.
Analysis of the Market for Collaborative Works