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state of the art market old masters and neo old masters 2327212

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.

Master Drawings New York marks 20th anniversary as both fair and market expand

Master Drawings New York (MDNY) marks its 20th edition this month, founded in 2006 by London dealers Crispian Riley-Smith and Margot Gordon and acquired in 2023 by dealer Christopher Bishop. The fair focuses on works on paper from the 15th century to today, also including painting, sculpture, and photography. This year features 36 dealers across two dozen Upper East Side gallery spaces, with ten new exhibitors from Europe, making it the most geographically diverse edition yet. Programming includes a highlights catalogue of 20 important works sold during previous editions that ended up in major collections such as the Metropolitan Museum of Art and the Getty.

Innovative London drawing fair with no stands stages its second edition

Tracing Time, a London drawing fair organized by Trois Crayons, returns for its second edition from 26 June to 5 July at No. 9 Cork Street. The selling exhibition features drawings spanning 500 years, with 35 participating galleries—double the number from its debut—including works by Giovanni Domenico Tiepolo, Gustav Klimt, and Françoise Gilot. Unlike traditional fairs, it operates without stands: dealers pay a flat fee for logistics, retain 100% of sales, and the space functions as a social hub without booths or dealers present.