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ArtTactic Research |
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Art Market Confidence - June 2009
Today, ArtTactic has published the next edition of the US & European Art Market Confidence Survey. After an 81% drop in the ArtTactic Art Market Confidence Indicator in December 2008, the recent survey from June 2009, shows that confidence is cautiously coming back again.. New short-term and long-term Artists rankings have been published, where one can monitor the impact of the art market correction on individual artist markets. >>Click for more info
To get a better idea of this research, we are happy to offer you a complimentary copy of the Art Market Confidence Survey from December 2008 (15 pages), please email us at info@arttactic.com.
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►Top Selling Reports - June 2009
Recent ArtTactic Reports:
► India - Auction Analysis - 17. June 2009 more info
► Hong Kong - Auction Analysis - 26. May 2009 more info
► New York - Auction Analysis - 15. May 2009 more info
► Indian Art Market Confidence Report - 06. May 2009 more info
► African Contemporary Art Market Report - 26. April 2009 more info
► To view the full list of past art market reports more info
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Chinese Art Prices Show Signs of Stabilizing - 10-06-2009
At the Christie’s Hong Kong spring auctions, also last month, 34 of 38 lots offered in an evening sale of Asian contemporary and Chinese 20th-century art sold for a total $19.9 million, more than double the low end of the pre-sale estimate — which was pitched conservatively to avoid scaring off possible bidders. New York Times
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Hammer Horror - 01-06-2009
Art is in a pickle, and this time it’s not the latest Damien Hirst creation. The global art market, which includes auctions and private sales, grew 95% from 2002 to 2006, hitting a high of €48.1bn, according to Dublin-based researcher Art Economics. Last November it all tanked. At that month’s auctions in New York, Christie’s and Sotheby’s ran up $63m in losses from guarantees they had given on artworks that didn’t sell. CNBC Business
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Record Attendance and Strong Sales Buck Recessionary Art Market Trends - 08-05-2009
The 16th annual International Fine Art Fair from 1st-5th May at the Park Avenue Armory, Park Avenue at 67th Street, New York City proved that while the world’s economy is in fragile shape, the art market remains remarkably resilient. Artdaily.org
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