Fine Art Concierge

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We provide information on every aspect of fine art collecting. Please see the links at left for specific topics. Contact us for questions or to add your news and advice to our site.

Current Art News:

Sotheby's next sale of Asian art to be held June 11 in Paris - this will be an important test of the Asian art market.

Christie's sales down - February 12, 2009, the article in Bloomberg News relates that Christie's sales were down 11% in 2008. After announcing job cuts last month, Christie's says that sales were down due to declining auction and sales prices for works of fine art.

Art Basel Miami - December 4 - 7, 2008, the largest art fair in the United States. Check this page and its resources for current news on Art Basel and the state of the fair.

Global Economic Slowdown starts to impact Art Auctions - Many people questioned whether the high-end of the art market would be impacted by an economic slowdown. Well the verdict is in- it has had an impact. While just a year ago auctions were regularly exceeding estimates, today they are falling below estimates with many works going unsold.

Market for Art Insurance Growing - Allianz notes that the market for insurance on art works is growing. Due both to some high profile thefts, and the growth in the value of the art market, more art is being insured against theft or damage.

 


Please see also Art Daily which provides updated news on the art industry.