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Last year was, to a large extent, just another Monday, and 2025 promises to be quite turbulent also. In recent weeks, reporting has been characterised by retrospectives and outlooks. Ursula Scheer has compiled a series of pictures with last year's top ten hammer prices in the FAZ. The major global auction houses had to cope with a sharp decline in ... read more
In the second half of the year, the auction market was still characterised by regionally different trends, as the third and final part of this review shows.Susanne Schreiber followed Christie's conference call on its half-year results in mid-July for the Handelsblatt: "Christie's CEO Guillaume Cerutti's video call with trade journalists had one message above all: to spread calm and confidence ... read more
The second half of the year was marked by Art Basel Paris' triumphant entry into the Grand Palais. But the second part of this review has even more to offer.Tokyo Gendai was not a roaring success in its second edition either, observes Sarah Douglas in mid-July for Artnews: “While some have hoped that a weak yen right now might encourage ... read more
At the Annual General Meeting of Weng Fine Art AG in Düsseldorf in mid-December, Rüdiger K. Weng stated that 2024 is likely to have been the worst financial year since his company was founded. Gereon Kruse reported on the event for Boersengefluester and I for the Handelsblatt. But he sees light on the horizon for ... read more
The last fair of the year has been held. With Art Antwerp, Art Brussels in the neighbouring city allows itself a free hand that embodies a relatively new type of art fair that no longer expects visitors to travel from far and wide. Julia Stellmann characterises the event for Kunstforum: “The regional nature of the fair is something that all ... read more
Exhibitors and visitors at Art Basel Miami Beach experienced a better mood than recently on the art market, but remained cautiously optimistic in private conversations. Since Art Basel has been stingy with invitations for international art market writers for some time now because it wants to focus more on regional reporting and because of the ecological footprint and such (it also costs less), they depend ... read more