LiveArt's Hot List for 2023

LiveArt's Hot List for 2023

Who are the hottest artists at auction in 2022 whose markets are likely to continue to rise in 2023? George O'Dell talks us through the trends that emerged from looking at more than 200 artists whose overall auction prices were well above the estimates. We identified six main trends: 1) strong demand for artists who are women; 2) revivals of forgotten or undervalued artists; 3) big names gaining value; 4) naive painters; 5) surrealists and their contemporary admirers; as well as demand for 6) a wide range of quirky Asian artists and historical Asian painters. To identify these trends and the artists who drive them, we calculated the hammer ratios for all auction lots by artist. The hammer ratio is the final hammer price of all lots sold divided by the aggregate low estimate of all lots offered. If works don’t sell—an increasingly rare phenomenon these days—or sell below the estimates, the hammer ratio can fall below 1.00. Conversely, if works sell above the estimate range (a hammer ratio of 1.5 or above) and the artist has enough works offered during the year, we can get a sense that demand is at a higher level than sellers anticipated. Then we removed any artist with fewer than 10 auction records, sorted by hammer ratio and looked at more than 200 artists whose work was bid above the estimates. From those 200, we could see the trends discussed here.

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Episoder(171)

Dane Jensen on Art Advising in Los Angeles and the Ernie Barnes Market

Dane Jensen on Art Advising in Los Angeles and the Ernie Barnes Market

Dane Jensen just opened his own art advisory firm in Los Angeles. He has worked in the art and auction industry as a curator, auction house specialist and art advisor. He became much more visible afte...

13 Jun 202348min

Sotheby's David Galperin on Finding the Next Big Name

Sotheby's David Galperin on Finding the Next Big Name

In this podcast, David Galperin, Sotheby’s Head of Contemporary Art for the Americas talks about the success of Justin Caguiat’s work in last month’s The Now sale, the continuing success of Jadé Fadoj...

2 Jun 202338min

Art and Fashion Converge with FIT's Natasha Degen

Art and Fashion Converge with FIT's Natasha Degen

Natasha Degen is the chair of the graduate program in art market studies at FIT in New York. She has just published a book called Merchants of Style, Art and Fashion after Warhol. That subtitle does...

26 Mai 202344min

Mo Ostin Collection; Press family collection, Basquiat, Rousseau & NY HIghlights, May 2023

Mo Ostin Collection; Press family collection, Basquiat, Rousseau & NY HIghlights, May 2023

The New York auctions begin this week with just over 2000 lots on offer. The combined low estimate is nearly $1.37 billion dollars. If we remove the Allen collection from last November’s sales, we’re ...

9 Mai 202338min

The Gerald Fineberg Collection with Christie's Sara Friedlander

The Gerald Fineberg Collection with Christie's Sara Friedlander

When the $270 million dollar Gerald Fineberg collection was announced, Christie’s Sara Friedlander remarked that the Boston real estate developer, “bought art like a curator.” Citing his ability to ...

5 Mai 202332min

S.I. Newhouse: Portrait of a Collector

S.I. Newhouse: Portrait of a Collector

S.I. Newhouse Jr. was a titan of the media business in the late 20th Century, presiding over Conde Nast but also owning with his brother Donald Advance Publication’s chain of newspapers and other cabl...

2 Mai 202343min

The Global Auction Calendar with Phillips CEO Stephen Brooks

The Global Auction Calendar with Phillips CEO Stephen Brooks

The global auction and art fair calendar hardly seems like the fascinating subject that it really is. The art world still operates on a schedule largely established decades ago. The disruption of the ...

25 Apr 202338min

Cecily Brown: Hugo Nathan on the Artist and Her Market

Cecily Brown: Hugo Nathan on the Artist and Her Market

Cecily Brown has been a prominent painter for more than a quarter century. But starting in the last 5 years, her importance in the art market has grown substantially. With the opening of Death and the...

13 Apr 202337min

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