Auction results, market notes, exhibitions and artists we are watching.
In 2021, the fastest money in art was made on paintings that were barely dry. Five years later, the average ultra-contemporary work sells at auction for $15,629 — a decade low, and 72.4% below its 2021 peak.
· Auction market, Contemporary & Post War, Selling
Christie's, Sotheby's and Phillips took a combined $6.77bn in the first half, the strongest six months since 2022. Here is what the recovery changes for consignors.
Whitebank Fine Art is a London art advisory and gallery. We reply to every enquiry, and a valuation carries no obligation to proceed.