Artmarket.com: Artprice Global Indices show the strength of Contemporary Art and Drawing in 2020: both segments adapted particularly well to rapid digitization
Artprice Global Indices (in USD)
thierry Ehrmann, President and Founder of
Auctions and repeat sales
Auction sales correspond to the visible segment of the Art Market and it's probably the segment that has best adapted to the consequences of the pandemic by accelerating its switch to an online modus operandi. Artprice's 2020 of the Art Market Report will soon reveal all the details of this transformation (the publication of our free report is expected in March 2021).
Artprice's Global Indices are calculated on the basis of a very specific pool of works: lots which have already been sold at public auction. This method of calculation (the repeat-sales method) is considered particularly robust, but it excludes all lots that appear in an auction sale for the first time.
Among the highest value increases recorded in 2020, Artprice was particularly interested in Banksy's the performance. His acrylic on canvas
Inversely, a small canvas by
Between its last two appearances at auction,
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Artmarket is a global player in the Art Market with, among other structures, its Artprice department, world leader in the accumulation, management and exploitation of historical and current art market information in databanks containing over 30 million indices and auction results, covering more than 744,000 artists.
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Artmarket with its Artprice department accumulates data on a permanent basis from 6300 Auction Houses and produces key
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