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Exclusive ArtPrice Report: Is the art market experiencing a 'global artistic renaissance'?

Posted on October 22, 2008 at 9:28 AM.

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Historically, the United States has dominated the art market since the 1950s. At the beginning of this century, the US represented roughly half the value of the global art market, with Christie's and Sotheby's at the bridgehead operating almost as a global duopoly.

In New York and London these auction houses regularly generate sales over ten million dollars for modern and post-war artists. The icons of 20th century artistic production like Andy Warhol or Francis Bacon are gradually dethroning the former (predominantly French) stars of the market like Auguste Renoir and Vincent Van Gogh.

 

Download the file (PDF) Courtesy ArtPrice.com 

 

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This evolution continues to evolve at an increasingly rapid pace. ArtPrice and the Fiac (download PDF report) have published the most fascinating exclusive report on the 2007/2008 contemporary art market, in partnership with Axa Art. They ask if the "Anglo-Saxon" domination will be able to resist the increasing international competition in what looks like a global artistic renaissance? 

This comprehensive report includes unique insight into Sculpture the new "in vogue" medium; the Chinese wave; India the new Himalaya of the market; the Middle-East awakens; Affordable contemporary art; an exclusive overview of contemporary fairs and galleries; data tables listing the top 500 contemporary artists today, including their turnover, country of birth, number of lots and the top hammer prices for each.

Download the Report Courtesy ArtPrice.com

2 Comments

That the images were disorienting and unfamiliar, and leave the viewer with a sense of unease and alienation
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jessicajameson Author Profile Page said:

Exclusive ArtPrice Report: Is the art market experiencing a 'global artistic renaissance'? - "That the images were disorienting and unfamiliar, and leave the viewer with a sense of unease and alienation" - yes I agree with you unease would be just the right word for it...
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