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Tag: Clare McAndrew
Art World
Art Basel Report Confirms Art Market Recovery at $65.1M!
The global art market bounced back in 2021, returning to its 2019 level and even slightly exceeding it. A real feat, while fairs and other market events are still a long way from reaching their pre-pandemic levels. Art Basel in Miami Beach. © Art Basel The latest report by the…
Auction Result
State of the Market: Auction Houses and Art Fairs Plow Ahead in 2021’s Third Quarter
The art world finished the summer season flush with high sales results and the enthusiastic return to live art fairs. New market reports offer a clearer view of the COVID-19 pandemic’s long-term impact on the art world. Additionally, the strengths and weaknesses of NFTs have come under increased scrutiny. After…
Auction Result
State of the Market: NFTs, Art Basel’s Revamped Viewing Rooms, and the Slow Return to Live Events
2021’s first quarter yielded record-setting auction results, cautious optimism for in-person events, and the explosion of NFTs. These trends point to both gradual and sudden shifts in the art world, particularly as sellers adapt to the COVID-19 pandemic. Auction Daily checks on the state of the market after an eventful…
Art World
State of the Market: Looking Ahead in the Aftermath of the U.S. Elections
As the heat of the U.S. elections begins to dissipate, the art market is turning toward the future. Issues relating to wealth inequality, art funding, and the ongoing COVID-19 pandemic will continue to affect artists, galleries, and auction houses. Some are looking to 2021 as America edges away from the…
