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The market’s lower end, meanwhile, saw modest growth: sales of art in the $10,000-to- $100,000 range increased by 3.1 percent year over year, while art priced between $100,000 and $1 million ...
According to Artnet’s Mid-Year Intelligence Report, online-only sales are down, but not as significantly as some other sales categories. A total of $190 million worth of fine art sold in online ...
Global sales of art and antiques have fallen for a second consecutive year, declining by 12% in 2024 to an estimated $57.5 billion, according to the latest annual Art Market Report by Art Basel ...
About $4.6 billion of that total represented auction sales, down 28% from 2023. Another $1.4 billion represented privately brokered art sales, up 17% last year.
Last year, sales declined in all of the art trade’s key geographic regions, the report says. The United States retained its position as the dominant marketplace, but turnover fell 9 percent to ...
Meanwhile, sales of modern art, made by artists born between 1880 and 1909), fell 20.4% to US$1.7 billion, while post-war works, made by artists born between 1910 and 1929, fell 31.6% to US$1.08 ...
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