The Online Art Market And it's Accelerating Potential
Art Market|Issue #49 July 2020
The art market’s current situation as it stands in mid-2020 has been described as experiencing cardiac arrest by Anders Petterson in his Art Market Confidence Report.
By Miguel Bermudez
The Online Art Market And it's Accelerating Potential

All art fairs having been canceled or postponed and those that have opened have done so under challenging constraints. Thus, the art-market that existed before the pandemic is at a global standstill.

LOT 20

Manolo Valdes (b. 1942) Retrato I

Estimate: USD 120,000 - USD 180,000

Price Realised: USD 375,000

signed, titled and dated ‘Manolo Valdes Retrato I 2018’

(on the reverse) oil, mirror and fabric collage on burlap

56 x 37 in. (142 x 94 cm.)

Executed in 2018.

Christie's. SALE 19575

Virtue Online | 29 May - 12 June 2020

There is, however, one sector of the art market that is flourishing. Online sales (like much of retail in general) has picked up the pace and changing positively with the times.

As the pandemic crisis persists, art collectors, (as well as just about everyone) have been spending increasing amounts of time browsing online for all sorts of information, entertainment, and yes, acquisitions.

While it is too early for real data on online art transactions, news that auction houses have been experiencing successful online sales is encouraging.

Diese Geschichte stammt aus der Issue #49 July 2020 -Ausgabe von Art Market.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der Issue #49 July 2020 -Ausgabe von Art Market.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS ART MARKETAlle anzeigen
Katja Nordmeyer – Cracks, Beauty, and Soul
Art Market

Katja Nordmeyer – Cracks, Beauty, and Soul

Katja Nordmeyer's career initially took her into the fashion world, but her passion for painting never left her, and she always felt that painting was what she was destined to do.

time-read
2 Minuten  |
The Gold List Special Edition #7
Negar Jahanbakhsh – Human self-reflection
Art Market

Negar Jahanbakhsh – Human self-reflection

Negar Jahanbakhsh (b. 1986, Isfahan) is an internationally award-winning Iranian artist who exhibited her art in countless solo and group exhibitions around the globe, participated in auctions and was awarded prestigious prizes for her unique art.

time-read
2 Minuten  |
The Gold List Special Edition #7
An Exclusive Interview With Guillermo Lorca
Art Market

An Exclusive Interview With Guillermo Lorca

Guillermo Lorca García Huidobro is a well-renowned painter of classical oil. Early paintings have been successfully exposed and sold through important art exhibitions, including The Asprey Exhibition in London and the exhibition "The eternal life" in the most important museum in Chile.

time-read
7 Minuten  |
The Gold List Special Edition #7
An Exclusive Interview With Kathryn Jacobi
Art Market

An Exclusive Interview With Kathryn Jacobi

Sleepwalking Through the Apocalypse.

time-read
8 Minuten  |
The Gold List Special Edition #7
An exclusive interview with Lucas Lamenha
Art Market

An exclusive interview with Lucas Lamenha

"The following pieces are part of a new collection developed from universal pop culture references and bring new characters and elements created from memories and inspirations of my daily life and reflections."

time-read
10+ Minuten  |
The Gold List Special Edition #7
NATAŠA GREGORIČ NABHAS
Art Market

NATAŠA GREGORIČ NABHAS

Dialog with Monet

time-read
1 min  |
The Gold List Special Edition #7
Katja Tomzig
Art Market

Katja Tomzig

CREATING A NEW WORLD

time-read
1 min  |
The Gold List Special Edition #7
IVONNE WAISSMANN
Art Market

IVONNE WAISSMANN

capturing beauty

time-read
1 min  |
The Gold List Special Edition #7
EDSON CAMPOS
Art Market

EDSON CAMPOS

Born in Rio de Janeiro, Brazil, Edson Campos has enjoyed sketching and painting since childhood.

time-read
1 min  |
The Gold List Special Edition #7
Viktoria Ganhao
Art Market

Viktoria Ganhao

BETWEEN SUBTLE FIGURATION AND LYRICAL ABSTRACTION

time-read
1 min  |
The Gold List Special Edition #7