Art sales rebound to record $2.7 billion
Art sales rebound to record $2.7 billion
Source: rfi.fr
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NFTs drive sales of contemporary art to record £2.7bn
Non-fungible tokens boost post-pandemic recovery as Hong Kong emerges to challenge New York
Source: theguardian.com
NFTs are bringing back contemporary art sales
They've hit a record $2.7 billion in the past year.
Source: mashable.com
Artmarket.com: A Q1 as strong as before the Covid crisis, but Artprice identifies five big changes
April 20, 2021 PARIS, April 20, 2021 /PRNewswire/ -- With $1.6 billion hammered around the world in fine art auctions during the 1st quarter of 2021, the art market may look like it has already returned to a "normal" rhythm. True, the Q1 total is exactly the average Q1 total over the ten Q1 periods preceding the health crisis (2010 - 2019). But this impression, based on auction turnover alone, hides a very different situation from that which prevailed two years ago. Q1 fine art auction turnover since 2000 Q1 fine art auction turnover since 2000 Fine art lots sold and unsold in Q1 auction...
Source: asiaone.com
Artmarket.com: ultra-contemporary art conquers auctions, making Artprice subscriptions ever more useful
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 ...
Source: prnewswire.com