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Share this article Share this article PARIS, April 6, 2021 /PRNewswire/ In the absence of other cultural news, the art world is continuing to discover the joys of online auctions which seem better adapted to dematerialization than other art forums. One consequence has been a very substantial rise in the sale of new creations via auction. Indeed, the number of ultra-contemporary artworks produced less than two years ago and already resold at auction is experiencing phenomenal growth. Several young artists have generated 5- or 6-digit results before their work has even been exhibited by a major museum. Number of ultra-contemporary works sold at auction ....
ARTMARKET.COM: Artmarket.com: ultra-contemporary art conquers auctions, making Artprice subscriptions ever more useful a very substantial rise in the sale of new creations via auction. Indeed, the number of ultra-contemporary artworks produced less than two years ago and already resold at auction is experiencing phenomenal growth. Several young artists have generated 5- or 6-digit results before their work has even been exhibited by a major museum. Number of ultra-contemporary works sold at auction [https://imgpublic.artprice.com/img/wp/sites/11/2021/04/1-Ultra-Contemporary-Lots-by-year.png]
Auctions are currently at the forefront of the international art scene, concentrating all the trends in the Art Market. That s why the Artprice Databases and our Decision Support Tools have never been so valuable concludes thierry Ehrmann, President and Founder of Artmarket.com and of its Artprice department. ....