All posts tagged Contemporary

Citi BID Conference Call: Proprietary Analysis on Sotheby’s Impressionist and Contemporary Sales & 2H12 Outlook With Artvest Partners(05/09/12)

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Incrementally Positive Takes from Citi’s Proprietary 5/9/12 Call on Auction Industry with Artvest LLC — (1) Art market has returned to its pre-crisis size at $64.9mm in 2011 vs. $62-$66 in 2007-2008 with strong potential to increase again in 2012; (2) Sotheby’s has become the most dominant player in NY for Impressionist/Modern; (3) China now the world’s largest consumer of art at 30% vs. US 29%.

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Hirst in the Current Market (10/19/11)

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Last week’s Contemporary Art auctions in London (Christie’s, Sotheby’s & Phillips) included 25 works by Damien Hirst, the largest number to come to market since his single artist sale at Sotheby’s London on September 15, 2008.

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AMR / ARTVEST AUCTION INDEX: POST-WAR & CONTEMPORARY ART – 14MMA (10/10/11)

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Between 2006 and 2008, Post-War and Contemporary art underwent an extraordinary bull market run. Auction prices for these artworks rose at an unprecedented rate, outperforming every other sector of the art market. By the end of 2008, macroeconomic factors began to cause a price correction. Within a year, Post-War & Contemporary Art had undergone the [...]

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Investing in Contemporary Art – What You Need to Know (Fall 2011)

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With reports of robust sales from Art Basel in June and the notable success of Christie’s Post-War & Contemporary auctions in May, Contemporary Art has regained its luster as the darling of buyers who have their eyes on art as an investment. With that in mind, it is important to discuss a number of the [...]

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Artvest Fall 2011 Market Analysis (9/10/11)

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When US financial markets first tumbled in May and June under renewed economic uncertainty and anemic growth in the US and UK, various sectors of the art market performed as if immune to the laws of gravity. But looking beneath the surface of reported results reveals a more complicated landscape.

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