Repeat sales in Contemporary Chinese art…

Nearly two months after Sotheby’s, it was Christie’s turn to organise a major sale of Contemporary Asian art in Hong Kong.

Hong Kong Art Fair – East and West

The ArtHK fair is impressive both in terms of size and diversity (260 galleries on three levels of the Convention & Exhibition Center and 38 countries represented)

The FIAC opens on Thursday 21 October 2010

According to Thierry Ehrmann, founder and CEO of Artprice, against a backdrop of economic crisis and uncertainty, the forthcoming 37th edition of the FIAC (21-24 October 2010) will re-affirm the Parisian fair’s stature as the veritable reference in European Contemporary art, particularly now that the Frieze Art Fair seems to be losing momentum.

Contemporary drawing prices

Demand for contemporary drawings started to accelerate in New York at the beginning of this decade before spreading to other cultural capitals. In 2002, the MOMA put on a show entitled Drawing Now: Eight Propositions, a large exhibition bringing together 300 contemporary drawings by 26 prominent European, Asian and American artists including David THORPE , Paul NOBLE , Toba KHEDOORI , Kara WALKER , Yoshitomo NARA , Elizabeth PEYTON , Ugo RONDINONE and Chris OFILI .

Contemporary drawing

In France, contemporary drawing is now exhibited widely, having shrugged off its image as a secondary medium. Its new standing is due, in particular, to the establishment of a Drawing Prize by the Daniel and Florence Guerlain Foundation, the creation of the “Paris Capital of Drawing” label by the Contemporary Drawing Fair which is celebrating its tenth anniversary between the 10 and 14 April and the birth of Slick drawing which takes place on the same dates. However, the auction houses are not profiting from the buzz generated by these events to give more space to contemporary drawings in their sales, with no specialist sale being held in France.

Contemporary art market: results from the spring/summer season of 2006

This month the European art market will gyrate to the rhythm of the contemporary art fairs, with the Frieze Art Fair starting 12 October in London and then the Paris FIAC on 26 October and Art Cologne on 1 November. At the same time, the auction houses will capitalise on these events by organising major concurrent sales of contemporary art.
Before the fall season begins, Artprice here provides a brief overview of the ebullient contemporary art market so far this year.

International contemporary art driven by Phillips, De Pury & Luxembourg

The contemporary art market has been doing fairly well of late, and the last big auctions of the year have reaffirmed the trend. The wealthiest US investors are continuing to support new art. Record after record has been falling in New York, and not only for American artists.

Contemporary art auctions in New York reassure the market with 34 records in three days

In a tense economic climate, contemporary art auctions in New York are proving stronger than modern art and impressionist art sales. The evening auctions may have been unexceptional. But Sotheby’s and Christie’s still managed some reassuring surprises, generally in the less prestigious later sessions, when prices for some artists showed real growth and some of them turned out to be impressive records.