In light of last week’s Contemporary Auctions at Christie’s and Sotheby’s New York, Artvisor selects their five artists to watch in 2021.
Following the cancellation of major art events over the past months, we look into the current standing and future of the contemporary Asian art market.
Looking into the year ahead, many key players in the art world will continue to develop groundbreaking approaches to the display and sale of art, but past issues will haunt auction houses, galleries, and museums alike. In 2019, most art market reports considered a lack of transparency to be the primary hurdle faced by entrants into the art market. In the coming year, the spread of coronavirus, Brexit, and new anti-money laundering directives in the UK will affect the art sales. Read on to see how these changes and others will likely influence the art world going forward.
Last week’s Contemporary Art sales at Christie’s, Sotheby’s and Phillips saw established names achieving stellar results. William Kentridge’s The Pool set a record for a work on paper at the hammer price £447,000 at Sotheby’s on Wednesday. At Christie’s the day before, Gerhard Richter’s Musa (2009) achieved £1,031,250, a world record for a tapestry by...