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Artprice Outs Qatari Royal Family with 99% Confirmation

Posted by on Oct 4, 2012 in Markets | 0 comments

In an unusual demonstration of transparency, the research firm Artprice announced in a statement yesterday that it can “confirm...

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Sotheby’s Breaks into Mainland China Market

Posted by on Sep 11, 2012 in Markets | 0 comments

Sotheby’s has announced a $1.2 million investment in the state-owned Beijing GeHua Art Company, amounting to an 80% ownership in the...

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Study Finds Correlation Between Auction Price & Google Hits

Posted by on Aug 26, 2012 in Markets | 0 comments

Washington State University conducted a study on the sales of 1,100 paintings auctioned between 1998 and 2011 and applied hedonic...

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Norway Will List Munch Frieze in Kraft Foods Cafeteria

Posted by on Aug 16, 2012 in Markets | 0 comments

A building cafeteria (above, left) owned by Kraft Foods Norway that contains a frieze of 12 paintings by Edvard Munch, completed in 1922,...

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Sotheby’s Reports 33% Drop in 2Q Earnings Versus 2011

Posted by on Aug 8, 2012 in Markets | 0 comments

Sotheby’s has reported a 33% decrease in its second-quarter net income compared to the same quarter in 2011. The company’s...

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Fascinating New Infographic on Art & the Art Market

Posted by on Jul 23, 2012 in Markets | 0 comments

A new infographic put together by Jean Abbiateci breaks down art and the art market in an animated, easy-to-navigate bubble chart. Relying...

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Qatari Royals Reportedly Paid $250 Million for Cézanne Painting

Posted by on Feb 3, 2012 in Markets | 0 comments

When Greek shipping magnate George Embiricos was shopping around for a buyer for Cézanne’s “Card Players” (1892-93)...

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Christie’s Sales Up 14%, Credits Contemporary Art Sales

Posted by on Feb 1, 2012 in Markets | 0 comments

Christie’s International PLC announced a 14% increase in sales in 2011–$4.9 billion in auction sales and $808.6 million in...

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Artnet Auctions Reveals its Internet Sales Highlights of 2011

Posted by on Jan 31, 2012 in Markets | 0 comments

If you’re curious as to the success of online art sales, look no further than the online company Artnet, whose talents extend beyond...

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A New Year, Same Ol’ Market Speculation

Posted by on Jan 16, 2012 in Markets | 0 comments

The Art Newspaper recently published the nth article written on the curiosity of the art market’s strength during this economic...

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Top Auction Earners of 2011 Aren’t Picasso or Warhol– They’re Chinese

Posted by on Jan 15, 2012 in Markets | 0 comments

The American Greats got upended at auction this year, and it goes a little something like this: Zhang Daqian ($506.7m auction revenue) Qi...

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