How can you know if an emerging artist is the next “big” thing? Or, even if the emerging artist has staying power? You really can’t. But we can use past auction performance patterns from previous emerging artists to translate what is happening today to the most likely scenarios tomorrow.
The Post-War & Contemporary art market has maintained through May. This is good news going into the summer and what can be expected into the fall. Here are some brief conclusions from the major May auctions.
To understand the skyrocketing prices of Non-Fungible Tokens (NFTs) is to understand that its market is a social media model driven by prevalence, popularity, and proliferation. This is different than what drives traditional art values. Here is our take on the differences.
The Post-War & Contemporary art market was up in April going into one of the most important times of the year. We expect this trend to continue through the major auctions. These are conclusions from April and what we expect in May.
Recently, Non-Fungible Tokens or NFTs have created just a bit of a frenzy within the art market. Check out how we look at their impact in terms of sustainable value. Spoiler alert, we’re skeptical.
Artist benchmarking enables institutions and blue-chip collectors active in the art market context for more accurate value monitoring and risk management. Here’s how we do it.