Art Market Trends and Notable Events in 2024

  • 📰 wmag
  • ⏱ Reading Time:
  • 21 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 51%

Art & Culture Nachrichten

Art Market Trends and Notable Events in 2024
ART MARKET,FINE ART,HIGH NET WORTH INDIVIDUALS

This news article highlights key trends and events in the art world during the first half of 2024. It covers topics such as average spending by High Net Worth Individuals (HNWIs), sales performance at major auction houses, motivations for art purchases, the influence of social media, record-breaking sales, space exploration and art, public opinion on famous artists, and the impact of AI on artistic compensation.

$150,780 was the average amount an actively buying HNWIs spent on fine art in the first half of 2024.26% was the decrease in sales at Christie’s, Sotheby’s, Phillips, and Bonhams from the first half of 2023 to the first half of 2024.Source: Art Basel and UBS; Bank of America$50 million was the high estimate at Sotheby’s for Francis Bacon’s 1966 painting$27.7 million was the selling price.40% of HNWIs say they purchase art for pleasure, 24% as investments, and 1% for philanthropic reasons.

$7.68 million is the total value of sales of Lynette Yiadom-Boakye’s art in the first half of 2024, making her the best-selling ultracontemporary artist during that period.125 miniature moon sculptures made by Jeff Koons were sent to outer space as the first “authorized” artwork to be placed on the moon.75% of U.S. adults have a positive opinion of Leonardo da Vinci, the most popular artist in America.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

wmag /  🏆 723. in AT
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Österreich Neuesten Nachrichten, Österreich Schlagzeilen