impressionism auction industry

This year marks the 150th anniversary of Impressionism, which began in 1874 when 31 artists including Paul Cézanne, Claude Monet, and Berthe Morisot staged a groundbreaking exhibition in Paris. To commemorate the sesquicentennial, international institutions are hosting exhibitions such as the Musée d'Orsay's "Paris 1874: Inventing Impressionism," while Artnet and Morgan Stanley have collaborated to analyze auction data from 2014 to 2023, examining the market for works by approximately 120 Impressionist and Post-Impressionist artists. Despite perceptions that Impressionism has lost its luster, the number of lots offered at auction has remained steady, averaging 6,091 annually over the decade.

The Asian Market Carries Art Basel Hong Kong

Le marché asiatique porte Art Basel Hong Kong

Art Basel Hong Kong 2026 concluded with strong attendance and significant sales, demonstrating the fair's central role in the Asian art market. The event attracted over 91,000 visitors and featured 240 galleries, with a strong presence from the Asia-Pacific region, Europe, and the United States. Major international galleries like Gagosian, Hauser & Wirth, and David Zwirner reported multimillion-dollar sales of works by artists such as Louise Bourgeois, Liu Ye, and Marlene Dumas, alongside notable transactions for works by Tracey Emin and Antony Gormley.

liebermann resituted gurlitt auction

Max Liebermann's painting *Two Riders on a Beach* (1901), recently restituted to the Rosenburg family from the Cornelius Gurlitt hoard, will be auctioned at Sotheby's in London on June 24, with an estimated price of up to £500,000 ($850,000). The work is one of the first two artworks returned from the trove discovered in Gurlitt's Munich apartment in 2012; the other, Henri Matisse's *Woman with a Fan* (1932), was also handed back to the Rosenburg family last week.