Artprice index for the main art movement trends from 1990 to 2004 shows the two highest gains were the Hudson River School: +248% and American Impressionism: +164%. Artprice lists over 21 million auction prices and indices covering over 306,000 artists collected from 2,900 international auction houses.
For the full story - click the title
Irish Art
Snippets of interest to lovers of Art. News about Irish Artists or otherwise. The odd rant...
Thursday
Art Market At Highest
Art prices are now at their highest levels since 1990. The Artprice Global Index calculated using data on repeat sales reveals that following the fall auction season in New York, art prices rose by 24.4% between January and December 2004. Taking into account fluctuations in exchange rates, the increase in euro terms was just 14% over the same period.
If prices continue to advance at the same pace as in 2004, they could well surpass November 1990 highs in November 2005, thus taking art market prices to unprecedented levels. Collectors seeking to make substantial gains might by that stage consider it the right time to sell off some of their art assets they acquired in the 1980s.
Artprice index for the main art movement trends from 1990 to 2004 shows the two highest gains were the Hudson River School: +248% and American Impressionism: +164%. Artprice lists over 21 million auction prices and indices covering over 306,000 artists collected from 2,900 international auction houses.
For the full story - click the title
Irish Art
Artprice index for the main art movement trends from 1990 to 2004 shows the two highest gains were the Hudson River School: +248% and American Impressionism: +164%. Artprice lists over 21 million auction prices and indices covering over 306,000 artists collected from 2,900 international auction houses.
For the full story - click the title
Irish Art
