ARTMARKET.COM: Artmarket.com: Artprice Global Indices show the strength of Contemporary Art and Drawing in 2020: both segments adapted particularly well to rapid digitization
(1) As at 1 January 2021, the Artprice Global Indices are stronger actually stronger than twelve months earlier when the health crisis was still (almost) unthinkable. Six months ago no-one would have predicted such an outcome! In reality, the art market reacted quickly to the lockdown measures with auction houses slowing their high-end activities; but the overall intensity of trading remained extremely high and the unsold rate remained perfectly stable. The Contemporary Art price index even shows an extraordinary 48% increase. Artprice Global Indices (in USD) Image: [ https://imgpublic.artpri...