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 […]
by Angelina Giovani-AghaCo-Founder of Flynn & Giovani Art Provenance Research & Provenance Expert at CAfADownload the Art Provenance Report 2023Provenance research in art is the pursuit of truth in the form of facts, data and historical evidence regarding a work of art’s ownership history. Although it has not been an academic discipline or professional practice […]
By Sophie Cianfarani, Appraisal Intern, Appraisal BureauArt historians hold varied views on the origins of digital art. Roboticists might trace its inception to antiquity, viewing early robots as digital art’s forebears. Some locate digital art’s origin in the 19th century with the jacquard loom’s punch card system, an automated system of control that greatly influenced […]
by Caroline TaylorJust when NFTs are starting to settle in and normalize as really just another medium when applied to the context of making art – enter Artificial Intelligence (AI). Is AI the end to art practice as we know it, or has it, on a conceptual level, been here all along?In 2017 I curated […]
Appraisal Bureau has recently grown with an incoming team of four data scientists and a new Fine Art intern with a particular Art History degree focus on the History of Digital Art. Each team member is selected for their specific knowledge and skill sets, covering everything from Abstract Expressionism to Artificial Intelligence. Kicking off our […]
Podcast Episode 1: Interview With Caroline Taylor, CEO & Founder of Appraisal Bureau & Isabela Bagi of the BIRSo, let’s just cut right into it: What is Appraisal Bureau and what is your background?Sure! Appraisal Bureau is a data and analytics firm that specializes in valuations, particularly of Fine Art and NFTs. But that is not […]
The Art Market 2023 is an annual publication presenting research-based findings in the global Art and Antiques market. The report is published by UBS and Art Basel, and prepared by the cultural economist Dr. Clare McAndrew, Founder of the research and consulting firm Arts Economics, which focuses exclusively on the art economy.Appraisal Bureau Founder, Caroline […]
How is technology reshaping the art market’s approach to assessing value?Appraisal Bureau’s new Appraisal Manager of Fine Art, Eliza Hodgson, speaks to art market journalist Riah Pryor, upon the launch of the company’s innovative app.Your background is arguably in the more ’traditional’ aspects of the art world, both in terms of artworks, institutions, and networks. […]