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ArtTactic® Art Investment Research |
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New Reports - February 2010
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ArtTactic® Auction Analysis - Feb 2010
The first contemporary art evening auctions of 2010 yielded results so strong that one may be mistaken that it was 2007. Total volume was up 230% from February 2008.
The overall ArtTactic® Auction Indicator also reflects the positive change in confidence, with the first positive reading (Indicator above 50) since February 2007.
Click here for to view Report summary
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ArtTactic® Art Market Outlook 2010
In this new report, ArtTactic looks at global modern and contemporary art market trends in US and Europe, India, China, Middle-East, Latin America and Russia.
The second half of 2009 saw most global economies starting to creep out of the economic recession, fueling a renewed interest and appetite for art.
Click here for to view Report summary
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ArtTactic® US & European Art Market Confidence - February 2010
Contemporary art market confidence returns to autumn 2007 level, however uncertainty about the sustainability of the global economic recovery remains. Both the primary and auction market confidence are now in positive territory, signalling that we could see further uplift inthe market from current levels.
Speculation risk remains subdued, and there is no signals yet that speculators are returning to the market.
Click here for to view Report summary.
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ArtTactic® Indian Art Market Confidence - Nov 2009
The overall ArtTactic® Confidence Indicator for the Indian art market has bounced back after reaching an all-time low of 20 in May 2009. The current confidence indicator is now standing at 49, just below the 50 level, which indicates that there is an equal ratio between positive and negative responses regarding the short-term outlook for the overall Indian art market.
Click here for to view Report summary.
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ArtTactic® Photography Market Report
The Photography Market Confidence Indicator currently stands at 51 in June 2009, up from 36 in December 2008.
Contemporary Photography increased its market share: The contemporary photography market segment has increased its market share in dedicated Photography auction sales from a 21% share in 2008, to 33% in 2009.
Click here for to view Report summary.
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Top
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Sotheby's art sale tops estimates, Freud disappoints - 12-02-2010
Chinese buyers have joined Russians in bidding for top lots, and private and institutional buying from the Middle East, where major new museums are opening, have also supported the market. Reuters.com
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Boosted by Klein (Again), the Market Continues its Streak at Christie's - 12-02-2010
Christie’s tightly-edited postwar and contemporary evening sale in London struck another strong note for the recovering art market, achieving £39,349,500 ($61,614,600) and just nicking the high estimate. Artinfo.com
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Warhol Dollar Sign Snapped Up by Graff in $61.4 Million Auction - 12-02-2010
An Andy Warhol dollar-sign silkscreen and an Yves Klein painting of a naked model were snapped up by diamond dealer Laurence Graff last night as buyers splashed out another 39.1 million pounds ($61.4 million) on contemporary art. Bloomberg.com
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