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Art Fair Sales

Art fair sales demonstrate dampening of market a myth

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Source: Arts Hub

Sydney Contemporary swept on to the calendar for another edition last week. There was a little trepidation ahead of the event, with the sector noticeably feeling a slight cooling of the market in recent months. However, it appears to be all myth!

Australia’s leading art fair recorded over $21 million in art sales over the five-day event. It was slightly down on 2022, which achieved $23 million in sales, but is still growing upwards, with pre-COVID numbers in 2019 sitting at $18 million.

Organisers added that they expect the sales figure to rise over the coming days, as post fair-related sales are continuing.

Read more: https://www.artshub.com.au/news/news/art-fair-sales-demonstrate-dampening-of-market-a-myth-2665015/

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Art Collaboration

Free Heritage Open Days event to be held at Keighley Library

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Source: Keighly News

Hometown Arts & Crafts is the theme for the event, being staged at the North Street building on Saturday, September 9, between 10am and 4pm.

Kicking off the day will be Colin Neville, an art writer and curator of the popular website Not Just Hockney, who will give a talk, Tom Butterfield & Augustus Spencer: The Role of Keighley School of Art. He will also have several of his books available to buy.

Read More: https://www.keighleynews.co.uk/news/23740599.free-heritage-open-days-event-held-keighley-library/

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Art

London’s luxury art fairs are struggling in post-Brexit Britain

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Source: Spears

This year began uncomfortably for London’s fragile, post-Brexit art market with news that the Masterpiece fair, held in Chelsea since 2010, was no more. The official line was that the event had been ‘postponed’, but as its staff move on to other roles and another fair has lined itself up in its place, no one really believes Masterpiece will be back.

The news came as a surprise. In a crowded field, Masterpiece seemed to have a winning formula. Its broad offering, ranging from dinosaur skulls to digital art, was presented with a rare combination of connoisseurship and luxury. Plus, unlike other fairs that have come and gone over the decades, Masterpiece was held in the right place at the right time – namely during London’s tourist-friendly early summer season.

Read more: https://spearswms.com/luxury/art-culture/london-art-fairs-brexit-britain/

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Art

Asia Week New York bounces back from Covid-19 restrictions with $131m in sales

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Source: The Art Newspaper

Asia Week New York 2023, the first iteration of the event since Covid-19 restrictions and travel bans have largely been lifted worldwide, made more than $131m in sales as the US market for Asian art begins to return to pre-pandemic levels.

At press time, 22 out of 26 galleries and five of six auction houses taking part in the event collectively reported $131.2m in sales, the largest total since 2019, when $150m sales were reported. Last year, auction houses and dealers reported a comparatively slim $98.6m in sales.

Read more: https://www.theartnewspaper.com/2023/03/29/asia-week-new-york-totals-131m-return-pre-covid-levels

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