The art market’s first half of 2024 was characterized by rather risk-averse behavior among both buyers and sellers, resulting in fewer transactions due to a mismatch in expectations. Consequently, the market for top-quality blue-chip art continues to outperform all other segments, while demand from speculative buyers has significantly declined. Read our brief H1 2024 art market report for a comprehensive review of public auctions and art fairs. #arteducation #artinvestment #artinvesting #bluechipart
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The current dynamics of the art market are quite interesting. Sellers are hesitant to bring the highest-quality works to auction for fear of disappointing bidding results. This has reduced the volume and quality of paintings available at public auctions. Conversely, more high-quality works are being transacted in the private markets, where sellers benefit from greater discretion. While liquidity in the top segment of the art market has decreased due to the gap in expectations between buyers and sellers, there is no doubt that quality paintings by truly blue-chip artists remain in high demand, often commanding high prices. Please send me a DM if you are interested in receiving our proprietary auction analytics for the blue-chip contemporary paintings market for H1 2024. #diversification #artinvesting #artinvestment #bluechipart
The art market’s first half of 2024 was characterized by rather risk-averse behavior among both buyers and sellers, resulting in fewer transactions due to a mismatch in expectations. Consequently, the market for top-quality blue-chip art continues to outperform all other segments, while demand from speculative buyers has significantly declined. Read our brief H1 2024 art market report for a comprehensive review of public auctions and art fairs. #arteducation #artinvestment #artinvesting #bluechipart
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Wall art lighting is itself an Art!! Whether lighting an art gallery, museum, an art studio or your living room, selecting the best lights for a work of art requires knowledge!! KEY AIMS OF LIGHTING ART 1-Visibility 2-Accurate color rendering 3-Highlights the focal points 4-Preservation Sources of Lights 1-Natural light 2-LED 3-Picture lights and lamps
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Why Mid-Year is the Perfect Time to Enhance Your Private Collection? 🖼️🏡 As the summer gets close, a unique opportunity arises for discerning collectors. The mid-year period, notably June and July, is prime time for millionaires to augment their private collections with exquisite additions. Renowned auction houses host prestigious sales, showcasing rare and valuable items, from fine art to historical artifacts. Simultaneously, world-famous art fairs such as Art Basel present exclusive pieces from acclaimed galleries across the globe. These events not only offer the chance to acquire standout items but also the opportunity to engage with artists and curators, making the acquisition experience truly enriching. Seasonal Trends shows that the market often sees a surge in activity mid-year, as collectors and investors seek to finalize deals before the busy fall season. It's an advantageous time to find competitive prices and a wider range of options. 📉📈 #MidYearCollecting #ArtBasel #ChristiesAuction #Sothebys #LuxuryCollection #FineArt #CollectorLife #ExclusivePurchases #InvestInArt #MillionaireLifestyle
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📌 DOES THE SIZE OF THE ARTWORK INFLUENCE THE FINAL PRICE? Absolutely. However, there is often a misconception that the larger the size, the higher the value of the work. But one has to distinguish the type of buyer: - If it is a museum institution, large size might not be a problem. -if it is a private collector, it is essential to take into account the space available to exhibit the work. The balance between the size of the artwork and the needs of the buyer is essential to ensure a choice that is both aesthetically and functionally satisfying. Do you prefer large or small works? #artmarket #artadvisor #artinvestment
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Art Basel and UBS present The Art Market Report 2024, an annual global #art market analysis. The Art Basel and UBS Art Market Report 2024 provides a review of the international art market, highlighting some of the most important trends and developments taking place each year. Authored by Dr. Clare McAndrew, founder of Arts Economics, it is an independent and objective study, analyzing sales and other activities of different segments of the market including galleries, auction houses, art fairs, and collectors. A quick search reveals the mentioning of #NFT on 15 pages 👇 #digitalart Minoru "Metaverse, web3 and IPs" Yanai Masako Shiba
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In my article from earlier this month, Mega Galleries: Cultural Production Beyond the Bottom Line, I showed how the four leading commercial galleries are making a cultural impact which rivals the top museums. In my latest piece for MutualArt, I look at the roster expansion of the mega galleries and analyze the market impact on emerging artists. For art investors, there is perhaps no better scenario than to spot and acquire the works of talented artists prior to achieving mega gallery representation. Read the full article here, and you will see why: https://lnkd.in/gY_8SiDR #artmarket Image: Stanley Whitney, Forward to Black, 1996, oil on canvas
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Happy Friday! Everyone~🎨 Why Are Museums Choosing Framing Projectors for Art Illumination? 🎨 Museums are making the switch to framing projectors for one key reason: they offer unparalleled precision in art illumination. Here's why they're becoming essential: 🔍 Precision Lighting: Direct light exactly where it’s needed, avoiding spillover and distractions. 🎯 Customizable Light Shape: Adjust the light beam to perfectly match the artwork, enhancing its visual impact. 💡 Artwork Preservation: Minimize exposure to unnecessary light, preserving the integrity of priceless pieces. 🌟 Enhanced Viewer Experience: Create a stunning exhibit by presenting each piece in the best possible light. Swipe to see how framing projectors are transforming art displays! ➡️ #MuseumLighting #ArtIllumination #FramingProjector #CuratorialTech #ArtConservation #ExhibitionDesign #PrecisionLighting #LightingInnovation #GalleryLighting #ArtworkPreservation #CulturalHeritage #LEDLighting #LightingDesign #MuseumTechnology #ArtExhibition
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**Indian Ink Artist | Pollock-Krasner Foundation Grant Award, New York (2014) | Lalit Kala Akademi Research Grant, New Delhi (2011) | Raja Ravi Varma Young Artist of the Year Award, Thiruvananthapuram (2011)**
🌳 Cosmic Arbor 🌌🪐🌙** We often take for granted things that seem difficult. Yet, things that appear easy can lead to great difficulty. Where do we stand in this paradox? Are these thoughts emerging from our limited minds or from the cosmic mind? Where are we? #ContemporaryArt #Biennale #ArtFair #ArtBuyers #ArtCollectors #ArtCurators #FamousMuseums
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Part 1/2: At the London Art Fair this month, the panel “What’s next in the art market?” shed new light on the challenges and opportunities the art world is set to navigate in 2024. Moderated by ArtTactic's Lindsay Dewar, and featuring industry experts including Sotheby's Head of Middle Market, Marina Ruiz Colomer, dealer Peter Osborne of Osborne Samuel Gallery, and Hong Kong based collector, Kitty Go. We first explore the five challenges. Read more on the link in comments ⬇ #ArcualTech #ArtTech #ArtMarket #LondonArtFair #ArtMarketTrends
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When I started studying investing in art, it was crazy to invest in it. Art is now widely recognized as a financial asset, and collectors regularly seek investment advice. Today's art market offers unique opportunities. Post-COVID adjustments have created balanced, sustainable conditions, making it an ideal time for investment. Key investment avenues include art funds and private collections. Art funds have seen annual returns averaging 8-12% over the past decade, providing a lucrative option for investors. Art fairs like Art Basel, featuring over 285 top galleries, offer promising artworks, while private sales provide exclusive access to fresh-to-market pieces often appreciating by 15-20% annually. 𝗪𝗵𝘆 𝗔𝗰𝘁 𝗡𝗼𝘄? Current market conditions present prime opportunities to acquire high-quality art at realistic prices.
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