Established for many centuries When talking about the art market there’s a tendency to immediately think of 20th-century art, which attracts the most fans and the highest figures. However, at a time when values are being called into question,...
Sotheby’s: the great revolution in the art market
Patrick Drahi It hit the art market like a bolt from the blue. On 17 June 2019, the French Moroccan-born businessman Patrick Drahi, who specializes in media and telecommunications, announced he had bought one of the world’s two leading auction...
Waiting for the art market’s “corona prices”
Silence It’s exceedingly difficult to get insiders to talk about the current evolution of the art market. A number of them refuse to make any statement, others tend to stick to abstract analyses, while a third group prefers to remain...
The art market during the Second World War: fake bargains and overlooked promising values
https://www.youtube.com/watch?v=t1LdRmFZdnU War War. Economists and politicians alike are readily comparing the impact of the coronavirus to that of a military conflict. The 20th century’s most devastating and traumatising conflict was the...
Art market: Lessons from previous crises, from an unpaid for Van Gogh to the resurgence of young artists…
Crises comes and go Crises in the art market come and go, and no two are quite alike, but they can help us to understand how market values may be called into question. The crisis sweeping the world today and affecting the economy and the art...
Where is the art market heading in response to the coronavirus crisis? Online
Troubled times In these exceptional troubled times, with part of the planet living in confinement in response to the life-threatening nature of the pandemic, as the entire world comes to a standstill, it might seem inappropriate to talk about...
Art Basel Hong Kong: the organizers’ response to the coronavirus, a virtual fair which looks set to be interesting
Rushing towards technology As the coronavirus outbreak spreads across the world, art dealers and gallerists have been rushing at breakneck speed towards technology. In parallel to the Tefaf antiques fair in Maastricht, which was supposed to...
Tefaf, Maastricht: a spectacular antiques fair through hell and high water
An air of bleakness The world is at a standstill and it seems as though the love of art is unable to change anything. China aside, the announcement of the temporary closure of museums in Italy, the cancellation of the Art Basel Hong Kong fair and the fair in Dubai at...
Frieze LA: does art that appeals to the angels of entertainment run the risk of being too shallow?
( From Velvet Buzzsaw: "A bad review is better than sinking into the great glut of anonymity.) Art and entertainment industry Los Angeles may be a city rich in art, but it is first and foremost the city of what Americans refer to as the entertainment industry. Here...
Eugenio Lopez: a video interview with the very influential Mexican collector
https://www.youtube.com/watch?v=Fe5XsVzwOwo Trends in contemporary art There are trends within contemporary art. Mexico It’s been several years since Mexico started to become an attractive country for fans of current artistic creation. Firstly because certain...
Adam Lindemann: Video interview with the dealer who benefits from million-dollar records while championing the lost causes of the art market
https://www.youtube.com/watch?v=USq6Bc5oZvU Symbol of love Imagine a gleaming red heart made of metal measuring 2.7 metres and weighing 1500 kilos which is suspended from some sort of golden thread. A symbol of love no doubt but also at the same time the...
Lalanne madness: sheep, cabbages with legs and other ostriches sell for millions of euros once to Yves Saint Laurent and today to Roman Abramovich
https://www.youtube.com/watch?v=aIJbqjc3GxM 91,3 million euros It’s one of the most breathtaking results of 2019: 4100 bidders from 43 countries. 100% of the 244 lots were sold for a total of 91.3 million euros. Global wave A success that took the form...