Franz West’s Gekröse At Art Basel
The above graph presents a snapshot of Franz West’s single artist Index, showing his performance against the DAX from 2000 to 2007!
Find out more about Franz West performance over time in artnet Analytics Reports!
Spring Sales of Latin American Art
For Latin American art auctions in New York, the score was Phillips de Pury (US$3.5 million), Christie’s (US$27.7 million), and Sotheby’s (US$26.8 million).
Speed! Money And The Global Art Market
Speed is a synonym for velocity and the slang term for amphetamine, a drug creating an ecstatic illusion of rapidity and efficacy.
Money, which plays an increasingly important role in the dynamics of the global art market, has a similar effect. Money dynamizes and accelerates the art market—not just temporarily but structurally.
Comparing Latin-American Artists
Since Latin-American Art is being auctioned everywhere this week, we used our analytics tool to compare three of the most important featured artists: Fernando Botero, Carlos Cruz-Diez, and Jesús Rafael Soto.
Who’s work do you want to invest in?
The Future Of The Art Market
Although the art market has outperformed other markets for the last 15 years, do we need to proceed carefully?
Understanding the Art Market
Thomas Galbraith, director of analytics at artnet, discusses with The Street the art market, what The Scream famously achieved, whether a crash is coming, and how the new artnet Indices and artnet Analytics Reports makes sense of it all.
The Art Market Crash
Souren Melikian of the International Herald Tribune is predicting, in the wake of this month’s record auction numbers in New York, a coming crash in the Fine Art auction market similar to the famous Japanese real estate bubble of 1989.
Top 10 Living Artists
A quick comparison: Check out the Top 10 Living American Artists vs. Top 10 Living German Artists!
By the way, the top 10 living American artists are:
- Jeff Koons
- Jasper Johns
- Richard Prince
- Ed Ruscha
- Frank Stella
- Wayne Thiebaud
- Christopher Wool
- Robert Indiana
- Cindy Sherman
- Ellsworth Kelly
All courtesy of our newly launched artnet Analytics product!
Basquiat in the Art Market
We recently launched our new artnet Analytics—which tracks the market performance of artists and compares them with financial indices, thanks to artnet-exclusive index methodology—and this is just one of the many things it can do: Check out the development of prices for works by Basquiat over the last few years!