Wet Paint report design_cover

Wet Paint: Market Report 2015 – 2024

  • Analyst: Lindsay Dewar, Margaret Hong
  • Pages: 16
  • Access: Analyst Pro

ArtTactic, in partnership with Artscapy, is delighted to release its latest market analysis, the Wet Paint: Market Report 2015 – 2024

The contemporary art market, particularly the “wet paint” segment—artworks sold within three years of creation—has undergone notable shifts in the past decade. During the pandemic, this market saw an unprecedented surge, however by the first half of 2024, wet paint sales had dropped to only a fraction of their previous highs .

This cooling is likely to reflect a broader slowdown in speculative buying and art flipping, driven by economic and geo-political uncertainties, shifting collector preferences, and a reassessment of short-term gains versus long-term value.
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About this report:

This report presents an in-depth  analysis of the auction market for Wet Paint transactions (defined as artworks coming to auction within 3 years of creation) based on auction sales at Christie’s, Sotheby’s and Phillips between 2015 and 2024.

ArtTactic offers bespoke reports on Impressionist, Modern, Post-War and Contemporary artists and other market sectors. For further information and a quote please contact us at info@arttactic.com.

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