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The price index for German expressionist masters has been particularly dynamic over the past 2 years.
Underpinning this price progression: a rarefaction of the offer; some exceptional works coming to market and plenty of recent exhibitions.
For example, Emil Nolde is currently being honoured with a retrospective at the Grand Palais in Paris – until 19 January 2009.
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[10/06/2008]
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Germany has a unique place in the art market. High volumes in segments where prices are below EUR 10,000 have meant a higher degree of democratisation than anywhere else. The premium market, meanwhile, is limited to expressionist paintings.
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[08/28/2003]
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The world’s top ten artists by turnover (see rankings) generated USD506 million at auction in 2002. With only 1.7% of total transaction volumes they represent 20% of the art market.
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[06/16/2003]
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Works by the Die Brücke and Der Blau Reiter groups have been spiralling in price since 1999 (up 25% over the year). After four years of steady increase, from a base of 100 in 1997 the price index for Expressionist works is now 28 points higher than the Artprice Global Index.. In these hard-to-better market conditions, Christie’s is now organising its tenth auction of German and Austrian Art.
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[01/22/2003]
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While rumors suggest Drouot, the traditional home for
France's auctioneers, may be sold, Sotheby's and Christie's
have burst onto the French market. France recently reformed
its auctions market throwing it open to competition. French
art has long held a great allure for foreign auction houses,
and Sotheby's and Christie's have been quick to make the
most of the new regime.
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[06/13/2002]
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