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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 […]
Christie’s Experienced a 6% Decline in 2024’s Annual Sale Read More »
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
Is the Global Art Market Slowing Down? Read More »
Christie’s inaugural evening sale at its new Hong Kong headquarters on Thursday, September 26 realised a total of HK$1. The sale of 20th and 21st century art underscored the wariness
Christie’s Hong Kong Auction Achieves HK$1bn Amid Market Slowdown Read More »
It was a cataclysmic season of 2024 spring auctions across the globe, with Sotheby’s, Christies and Phillips recording their worst bottom lines since the turn of this century. This decrease
2024 Spring Auction Season Sees Worst Financial Performance This Century Read More »
The Most Expensive Artists in the World: Icons of Art Market Success American art is a category of broadly defined culture, includes letters, textile work and other arts produced in
China’s art market is divided into two segments: ‘Artworks’, which include paintings, sculptures, installations, photographs, industrial art, and limited replicas of artworks, and ‘Cultural relics’, which include movable and immovable
Art Basel 2024 Report: The Legal Framework of China’s Art Market Read More »
After experiencing two years of expansion, sales in the art market decelerated in 2023. Factors such as rising interest rates, persistent inflation, geopolitical conflicts, and uncertainty in global politics contributed
Art Basel 2024 Report: Sales in The Art Market Decelerated in 2023 Read More »
The New York evening auctions concluded on Thursday night with Christie’s 20th Century Evening Sale, achieving a total of $413 million, comfortably within its pre-sale estimate range of $342 million
Christie’s 20th Century Evening Sale Nets $413 Million Read More »
Discovery and Provenance A seemingly unassuming scribble found on the back of a frame has turned out to be a hidden gem attributed to none other than the Italian Renaissance
Michelangelo’s Hidden Treasure: A Scribble Fetches $201,600 at Christie’s Auction Read More »
In the traditionally male-dominated realm of art collecting, a notable shift is underway. Recent data from Dr. Clare McAndrew’s Art Basel and UBS Survey of Global Collecting in 2023 reveals
Women Outspend Men in Art Collecting: Median Spending Hits $72,500 in 2023, Finds Survey Read More »