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museum exhibitions schedule Apr 10, 2026 visibility 40 link 18 artists, 2 galleries

Is Dubai’s loss Palma's gain? Newly revived Mallorca fair offers ’sun, sand and safety’ for wealthy Germans

The Art Cologne Palma Mallorca fair has been successfully revived at the Palau de Congressos, attracting 88 exhibitors with a heavy concentration of Spanish and German galleries. The event capitalizes on Mallorca's status as a premier second-home destination for wealthy Europeans, particularly Germans, and benefits from significant local government backing of €500,000. Early sales reports indicate strong performance in the lower and mid-market price brackets, with artists like Neo Rauch and Brian Eno finding quick buyers, though seven-figure works by Anselm Kiefer and Georg Baselitz moved more slowly.

newspaper The Art Newspaper open_in_new Read original
trending_up market schedule May 5, 2026 visibility 19 link 7 artists

The Price Points Powering the Art Market

The article, part of the Artnet Intelligence Report: Year Ahead 2026, analyzes art market performance by price bracket in 2025. The $1 million-to-$10 million range was the strongest segment, with sales totaling $3.5 billion—a 20.8% increase from 2024. Sales above $10 million rose 36.1% to $2.3 billion, boosted by high-priced masterpieces at New York's November auctions. The $100,000-to-$1 million bracket saw $3.2 billion in sales, up 6%. Meanwhile, works under $10,000 and in the $10,000-to-$100,000 range grew less than 1%, indicating cautious buyer behavior.

newspaper Artnet News open_in_new Read original
trending_up market schedule Jun 24, 2025 visibility 10 link 4 artists

art market minute jun 23 2659130

Art Basel 2026 confirmed that the global art market remains a buyer's market, with sales occurring across various price brackets. A new generation of collectors is emerging, driven by curiosity, community, and long-term engagement rather than speculation. Meanwhile, former Sotheby's executive Adam Chinn has quietly built the art lending firm International Art Finance, backed by the Nahmad family.

newspaper Artnet News open_in_new Read original

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