Art as an Investment Asset Art has emerged as a significant investment asset class, paralleling real estate in terms of financing structures and appreciation potential. The modern art market has

Introduction to the Art Market Framework The value chain of the art industry can be a complex process. The ecosystem of the art market framework can be broadly categorized into

The Dawn of Art Patronage and the Renaissance Shift Art commissioning was once the exclusive domain of the aristocracy and ruling classes, who engaged artists to execute predetermined projects. The

Christie’s Declining Annual Sales 2024 marks another year in a row for Christie’s declining annual sales, when the auction house announced its projected results on Tuesday, December 17. Since a

Yes, recent reports indicate that the global art market is experiencing a slowdown. In 2023, the global art market had an estimated USD 65 billion in sales, down 4% year