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trending_up market schedule May 1, 2025 visibility 45 link 32 artists, 3 galleries

state of the art market old masters and neo old masters

Artnet News, in collaboration with Morgan Stanley, analyzed auction data from the Artnet Price Database to assess the state of the European Old Master market since 2018. The investigation explores how efforts to contemporize Old Masters—through juxtapositions at art fairs like TEFAF and Masterpiece London, and gallery shows such as David Zwirner's 'Endless Enigma'—have correlated with market trends for Contemporary and Ultra-Contemporary artists whose work is visibly influenced by classical European art. The report also examines the impact of living artists inspired by Old Masters, suggesting that restricting analysis to historical works alone may underestimate their ongoing influence on the art market.

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trending_up market schedule Mar 26, 2026 visibility 63 link 107 artists, 12 galleries

At Art Basel Hong Kong, More Collectors Are Buying With Purpose

Art Basel Hong Kong 2026 opened with a renewed sense of optimism, featuring 240 galleries and a significant emphasis on the Asia-Pacific region. The VIP preview saw a surge in attendance primarily from regional collectors across mainland China, Taiwan, Korea, and Southeast Asia, signaling a robust recovery for the local market. While international travel remains a factor, the fair's success is increasingly driven by a localized ecosystem of younger collectors and long-term public investments in cultural infrastructure like the M+ museum.

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trending_up market schedule Jun 18, 2025 visibility 32 link 55 artists, 9 galleries

Art Basel’s Soft Opening Belies Strong, Swift Sales Across Tiers

Art Basel's 2025 edition opened with a soft atmosphere that belied strong and swift sales across all price tiers. Major galleries reported significant transactions: David Zwirner sold 68 works including a $9.5 million Ruth Asawa sculpture and a $6.8 million Gerhard Richter painting; Gladstone placed a $3.5 million Keith Haring piece; and Thaddaeus Ropac sold a €1.8 million Georg Baselitz and a $1.8 million James Rosenquist painting to a European institution. White Cube, Hauser & Wirth, and Tina Kim Gallery also reported robust sales, with works by artists such as Dana Schutz, Marlene Dumas, Yayoi Kusama, and Ha Chong-Hyun moving quickly. However, mid-tier galleries like Marianne Boesky Gallery noted more cautious, eye-driven buying rather than the frenzied chasing of past years.

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