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Art blog News

Op-Ed: Art Market Past and Present

If you believe that art auction results are the be all and end all of the art market and that art auction results tell the full story of the evolution of art prices then you should probably reconsider your point of view

Op-Ed: Christie’s Post-War and Contemporary Art Auction

Although Prince’s “Nurse” series of paintings are the most iconic works by the artist they are not usually regarded as his most important work. The price of Prince’s “Nurse” works has sky rocketed over the past couple of years...

Winners of Abraaj Capital Art Prize Announced

The selection committee of the Abraaj Capital Art Prize today announced the three recipient curator/artist teams of its first competition: Cristiana Perrella & Kutluğ Ataman; Carol Solomon & Zoulikha Boubadellah; and Leyla Fakhr & Nazgol Ansarinia

Op-Ed: Art Market Reality Check

Some important things to keep in mind about art investment and the art market by art investment guru and art market analyst Nicholas Forrest from the Art Market Blog:

Op-Ed: Manipulated Art Auction Results Affect Perception of Art Market

Why is it that we continue to use auction results as an indicator of the health of the art market when they are obviously not an accurate representation of the health of the art market and do not reflect the sentiment and actions of buyers and sellers

Op-Ed: Top Free Online Art Magazines

I love reading art magazines and spend lots of time reading them but many art magazines are unfortunately not particularly cheap. There is, however, a number of art magazines that publish issues of their magazine online

Op-Ed: Art Boom or Art Gloom: Art Market Reporters Indecisive

I have written quite a few posts recently about the Australian art market due mostly to the fact that the art market reporters for the major newspapers here in Australia seem more concerned in attracting attention

Interview with Sculptor Herb Williams, Winner of Next Star Artist Competition

Since winning the inaugural Next Star Artist competition in June of this year, sculpture Herb Williams has been busy promoting his extremely successful show at Monsoon Galleries

The Art Subscription Project

I received an email a week or so ago from a company called The Present Group who wanted to let me know about their art subscription service. To be honest I was rather sceptical about the purchasing art by subscription

Australian Art Investment Fund

The growing popularity of art as an investment has resulted in the creation of a number of new art investment funds one of which is The Art Trust

Op-Ed: Damien Hirst Screws Himself

On the 15th and 16th of September a total of 223 previously unsold works by Damien Hirst will go under the hammer at Sotheby’s. The collection consists mainly of different versions of Hirst’s most iconic concepts.

Op-Ed: Damien Hirst Screws Himself

The online art auction result database Artprice.com lists a total of 1013 Damien Hirst works sold at auction since 1992, 169 of which were auctioned in 2007 which means that the Sotheby’s auction of 223 Damien Hirst works

Oz Artist Resale Royalty Boost

Just because the current Australian government made the decision to introduce a resale royalty scheme does not mean that the whole resale royalty saga is over. All that the Australian government has done is made the promise to implement a resale royalty.

Op-Ed: Indian Art Fair and Summit 08

The 22nd of August marked the start of the Indian Art Summit, India’s modern and contemporary art fair, which is taking place from the 22nd to the 24th of August. The summit has received a big response with over 90 applications from art businesses.

Op-Ed: Hirst Art Auction Reality Part 1

The upcoming auction of new works by Damien Hirst to be conducted by Sotheby’s has generated a huge amount of hype that is sure to result in a packed saleroom and at least a few major results

Op-Ed: Affordable Investment Art at Britain's ICA

In 2007 Britain’s Institute of Contemporary Art (ICA) launched a new project called All Tomorrow’s Pictures in conjunction Sony Ericsson which involves a number of high profile artists using the state-of-the-art Cyber-shot TM mobile phone

Op-Ed: Celebrity Art Collectors Revealed

Having a celebrity purchase one of their works is a sure fire way for the value of an artist’s work to skyrocket, so keeping an eye on which artists celebrities are purchasing works by is definitely worth the time

Op-Ed: 2008 Telstra Aboriginal Art Awards

Last night at the Museum and Art Gallery of the Northern Territory, the winners of the Telstra National Aboriginal & Torres Strait Islander Art Award were announced during an outdoor celebration which took place in a spectacular waterside loaction

Op-Ed: Investing in Print Makers

While browsing the array of amazing works of art on offer at the Darwin Aboriginal Art Fair I came across some prints by a range of Aboriginal artists from the Torres Strait Island. The Torres Strait artists are particularly well known for their print

Op-Ed: Don’t Judge an Art Auction by the Catalogue Cover

Have you ever wondered how the major auction houses manage to keep coming up with such fantastic works of art to include in their auctions?

Op-Ed: Darwin Aboriginal Art Fair and Art Award

On Wednesday the 13th of August I am heading to Darwin, which is the capital of Australia’s Northern Territory, for the Darwin Aboriginal Art Fair as well as the 25th Telstra National Aboriginal and Torres Strait Islander Art Award

Op-Ed: Top Ten Art Video Sites

The more information you have about artists and the art market, the better your chances of being a successful art investor. Below are my top ten art video sites which should help you on the path to art market enlightenment

Op-Ed: Affordable Investment Art

At first glance the photographs by New York based artist Aida Millet appear to be extremely well executed images of rather intriguing and very appealing interiors of rooms

Op-Ed: Oz Art Auction Crisis

A report into the questionable conduct of some of Australia’s top art dealers and auction houses by the current affairs program Four Corners has led to a formal complaint being made

Op-Ed: Art Market Adapts to Supply Issues

Souren Melikian of the International Herald Tribune recently wrote an article voicing his concerns about the dwindling supply of important Impressionist and Modern paintings.

Op-Ed: Rationlising Art Market Events

Having spent many hours analysing the so called “art market crash” of the late early 90’s, I have come to the conclusion that the likelihood of the current art market taking a similar route as it did at that time is virtually impossible

Op-Ed: Biennale of Sydney for Collectors and Investors

Just because the 2008 Sydney Biennale is a non-commercial show (meaning that the works are not for sale) doesn't mean that the biennale isn't a great opportunity for investors and collectors to scout out new talent

Op-Ed: When Pornography is Pornography and Not Fine Art

Most of you will be aware of the controversy surrounding the Nan Goldin photograph ‘Klara and Edda Belly-Dancing’, owned by Elton John and was recently removed from an exhibition by police after complaints were made regarding it's sexual nature.

Op-Ed: Precociousness Plagues Art Market

Just because an artist is being sold for big bucks at the current time does not guarantee that their work will ever receive the sort of recognition that would justify a continuation of their status in the market once the hype has died down

Op-Ed: Inflated Artist Syndrome

One of the biggest problems with an art market that is growing so rapidly is that the massive demand for fresh talent and new works has catapulted many artist’s to the dizzying heights of art market stardom without the level of curatorial recognition
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