With the US election campaign dominating headlines across the globe, the UK grappling with the implications of its recent leadership change and French politics emerging more fragmented than many had anticipated in its July election, some of the top centers for the art market are navigating geopolitical uncertainty. And they’re not alone. A record number of […]
How do you value art during a cooling of the market?Amid its coverage of the recent sale of over 200 works from the collection of Miami art collector and patron, Rosa de la Cruz [Christie’s, New York, May 14], The Art Newspaper noted the art markets to be ‘in the middle of a recalibration.’ Indeed, […]
CEO of Athena Art Finance, Rebecca Fine, speaks to art market journalist Riah Pryor about the latest developments in the financialization of artSince we last spoke, Sotheby’s announced a securitization backed by its art loan portfolio. How does it work and how is it ‘new’?This is the first securitization of an art loan portfolio, and […]
Sotheby’s announces new backed security, but what is so new about it?With New York’s major Modern, Post-war, and Contemporary May sales around the corner, all eyes are on the big-ticket items ready to hit the block, with Jean-Michel Basquiat topping the list at both Sotheby’s and Christie’s. This year, Sotheby’s Financial Services is pinning a little more on […]
Art lawyer, Yayoi Shionoiri, speaks to art market journalist Riah Pryor, about the complex relationship between artists and fabricatorsYou’ve been working with artists for years on many issues, including on the relationship between artists and fabricators. Has this always been an area of interest for you, or is it an issue you feel is of […]
Key Takeaways The value of art market sales totaled $65B in 2023, a 4% decline from 2022, however the volume of transactions grew by 4% totaling 39.4MThe US maintained its position as the leading market, with China moving into second ahead of the UKA slower NFT market shows signs of decreased speculation and burgeoning connoisseurship The eighth […]
Appraisal Bureau valued hundreds of artworks for charitable donations last year, facilitated by our partner Museum Exchange. The generosity of our clients has positively impacted and culturally enriched numerous communities. The donated artworks are now part of the permanent collections of museums, hospitals, and universities across the country. Museum Exchange is the first digital platform for art donations. As pioneers […]
ListenMaking Markets, Caroline Taylor: Valuing Fine Art and NFTs Caroline Taylor’s conversation with Eric Golden for his Making Markets Podcast covering Art Markets, Valuations, and how NFT data informs Fine Art data in an unexpected way. Eric digs into Caroline’s background as first a Painter, then Wall Street Art Curator, and finally founding Appraisal Bureau, […]
Connecting the dots [with data]: An interview withAppraisal Bureau’s Scott StrongChief Technology Officer at Appraisal Bureau, Scott Strong, speaks to art market journalist Riah Pryor, about strategic use of dataYou’ve worked across a broad range of companies and sectors, from personal finance [with Previsio] to cloud cost analysis [with CloudZero], and now with Appraisal Bureau, which specializes in the valuation […]