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Dec 29, 2022 · Private collections power a year to remember in the art market. The Paul Allen sale raised $1.6bn, Paris vied with London even more closely for European primacy, and all eyes turn to Asia for...
- Melanie Gerlis
- Considerations
- Private vs. Public Museums
- Open Market vs Restricted Market
The intention of this list is to showcase those paintings that could realistically (though not necessarily) reach the market in the future. Therefore, some observations and exceptions should be made when talking about privately owned paintings, in the sense that not all “private collections” seem destined to end up on the art market. The most illus...
While “privately owned” is often understood as the opposite to “museum owned”, it must be noted that many American Museums (and -to a lesser extent- some European Institutions) are actually private institutions that could sell any of their artworks if the board of directors / trustees vote for that. In fact, deaccessioning (a.k.a. sale) of artworks...
A crucial point when establishing the value of a painting is to take into account the country in which it is kept, as several territories establish limitations on the export of works of art (especially for old master’s art and ancient art), ranging from the right of first refusal by the state to a ban on the export of works considered national art ...
Jan 28, 2024 · The case — in which oligarch Dmitry Rybolovlev has accused Sotheby’s of helping Swiss art dealer Yves Bouvier overcharge him by approximately $1bn on numerous purchases over a decade — has ...
May 25, 2020 · Over the past few months, private sales at auction houses have surged—predominantly because in-person, public sales are no longer possible. While salesroom floors have remained empty, collectors have continued to purchase art from Sotheby’s, Christie’s, and Phillips, especially online.
4 days ago · In 2023, millennials decreased their average spending on art by as much as 50%. The art market is nearing a critical inflection point, according to a new 2024 survey of global collecting from Art ...
Apr 22, 2021 · In an age where masterpieces are re-emerging on the market and the very best of contemporary works are being snapped up by collectors willing to pay huge figures, the role of the private patron will become vital to the continuation of art historical research.
People also ask
Are private paintings destined to end up on the art market?
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Is the art market navigating an 'uncertain economic and political future'?
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Mar 13, 2024 · The eighth edition of the report released by Art Basel and UBS is authored by cultural economist Dr. Clare McAndrew and brings together data from a range of sources, including Artsy, art dealers, auction houses, collectors, art fairs, and databases. Here, we share five key takeaways.
