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Art market latest trends: resale lots

Following the latest New York sales, the Artprice Global Index of fine art, which uses repeated sales method, is up 18.2% on the year-ago period. USD 100 invested in an artwork ten years ago would now be worth an average of USD 153. Many art collectors are generating even higher returns through judicious deals at auction, making the most of the market’s current enthusiasm. To give an idea of some of the particularly lucrative transactions recently carried out, Artprice presents the following list of works that have come under the hammer at least twice:

[11/22/2004] - Read more

Bidding frenzy grips the Paris scene

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The Carré auction gets down to business: 85% of lots sold exceed their high estimates

Paris hosted an auction festival on 9-10 December. New auction house Dassault held its inaugural sale — breaking up the legacy of Olga Carré, widow of gallery owner Louis Carré — and confounded even the most optimistic forecasts. Piasa and Artcurial-Briest should be well satisfied.

[12/16/2002] - Read more
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