Artprice

Artmarket.com: Assessing the liquidity of artworks with Artprice tools (Part 1 of 2)

Retrieved on: 
Thursday, February 2, 2023

France's financial markets supervisory authority (the AMF) provides a relatively broad and open definition of the notion of "liquidity": A financial asset (stocks, bonds, etc.)

Key Points: 
  • France's financial markets supervisory authority (the AMF) provides a relatively broad and open definition of the notion of "liquidity": A financial asset (stocks, bonds, etc.)
  • The notion of 'liquidity' therefore reflects the ease with which an asset can be traded.
  • But as thierry Ehrmann, CEO of Artmarket.com and Founder of Artprice points out, the liquidity of an artwork cannot be compared to that of a financial asset.
  • Using these four very different profiles, Artprice can begin the process of calculating the liquidity of artists on the art market.

The Artprice100© index of Blue-chip artists up 3% over 2022 Vs S&P 500 -19%

Retrieved on: 
Wednesday, January 18, 2023

Over the 12 months of 2022, the S&P 500 lost 19% of its value while crypto-currencies entered a bear market that substantially slowed NFT transactions.

Key Points: 
  • Over the 12 months of 2022, the S&P 500 lost 19% of its value while crypto-currencies entered a bear market that substantially slowed NFT transactions.
  • So, while our Blue-chip 100 Artists Index shows slight growth over the past twelve months (+3%), overall art market prices posted a contraction of 18%: almost the same contraction as the S&P 500 index.
  • It should be noted that many artworks that reached sensational results in auction rooms during 2022 cannot be included in the calculation of our Artprice Global Index.
  • Lastly, the progression of the Arptrice100© index may, in itself, seem weak considering the spectacular results recorded in 2022 for blue-chip artists.

The Artprice100© index of Blue-chip artists up 3% over 2022 Vs S&P 500 -19%

Retrieved on: 
Wednesday, January 18, 2023

Over the 12 months of 2022, the S&P 500 lost 19% of its value while crypto-currencies entered a bear market that substantially slowed NFT transactions.

Key Points: 
  • Over the 12 months of 2022, the S&P 500 lost 19% of its value while crypto-currencies entered a bear market that substantially slowed NFT transactions.
  • So, while our Blue-chip 100 Artists Index shows slight growth over the past twelve months (+3%), overall art market prices posted a contraction of 18%: almost the same contraction as the S&P 500 index.
  • It should be noted that many artworks that reached sensational results in auction rooms during 2022 cannot be included in the calculation of our Artprice Global Index.
  • Lastly, the progression of the Arptrice100© index may, in itself, seem weak considering the spectacular results recorded in 2022 for blue-chip artists.

Artmarket.com: must-know results in 2022, according to Artprice

Retrieved on: 
Thursday, January 12, 2023

PARIS, Jan. 12, 2023 /PRNewswire/ -- "In 2022 the Art Market may have given the impression once again of having broken all records, but the total global volume of transactions and art auction turnover actually stabilized," says Thierry Ehrmann, CEO of Artmarket.com and Founder of Artprice.

Key Points: 
  • PARIS, Jan. 12, 2023 /PRNewswire/ -- "In 2022 the Art Market may have given the impression once again of having broken all records, but the total global volume of transactions and art auction turnover actually stabilized," says Thierry Ehrmann, CEO of Artmarket.com and Founder of Artprice.
  • The companies Artprice.com and Artron.net are currently compiling their 2022 Art Market Report, the world's most comprehensive report on the global art market based on auction results from all over the planet.
  • This report will be published free online in English, French, and Mandarin at the  beginning of March 2023 and just before the TEFAF in Maastricht.
  • Ahead of the report's publication, Artprice has compiled a list of the 25 most spectacular results of the year 2022:
    - The second most expensive painting in auction history (after Leonardo da Vinci's Salvator Mundi), by Andy Warhol.

Artmarket.com: must-know results in 2022, according to Artprice

Retrieved on: 
Thursday, January 12, 2023

PARIS, Jan. 12, 2023 /PRNewswire/ -- "In 2022 the Art Market may have given the impression once again of having broken all records, but the total global volume of transactions and art auction turnover actually stabilized," says Thierry Ehrmann, CEO of Artmarket.com and Founder of Artprice.

Key Points: 
  • PARIS, Jan. 12, 2023 /PRNewswire/ -- "In 2022 the Art Market may have given the impression once again of having broken all records, but the total global volume of transactions and art auction turnover actually stabilized," says Thierry Ehrmann, CEO of Artmarket.com and Founder of Artprice.
  • The companies Artprice.com and Artron.net are currently compiling their 2022 Art Market Report, the world's most comprehensive report on the global art market based on auction results from all over the planet.
  • This report will be published free online in English, French, and Mandarin at the  beginning of March 2023 and just before the TEFAF in Maastricht.
  • Ahead of the report's publication, Artprice has compiled a list of the 25 most spectacular results of the year 2022:
    - The second most expensive painting in auction history (after Leonardo da Vinci's Salvator Mundi), by Andy Warhol.

The Metaverse and NFTs of The Abode of Chaos dixit NYT, Contemporary Art Museum and headquarters of Artprice by Artmarket.com - a reality according to n°2208 of the monthly magazine Géomètre (creation 1847)

Retrieved on: 
Thursday, December 8, 2022

In the metaverse, our objective is to transform this 'intelligent' point into an 'intelligible' point by resorting to algorithms.

Key Points: 
  • In the metaverse, our objective is to transform this 'intelligent' point into an 'intelligible' point by resorting to algorithms.
  • Special thanks go to the monthly magazine Gomtre as well as to Marielle Mayo.
  • The resulting data will serve as the basis for the creation of a metaverse in the form of an escape game...
  • So, despite the somewhat daunting challenge, creating a virtual duplicate of the Abode of Chaos seemed a perfectly logical step.

The Metaverse and NFTs of The Abode of Chaos dixit NYT, Contemporary Art Museum and headquarters of Artprice by Artmarket.com - a reality according to n°2208 of the monthly magazine Géomètre (creation 1847)

Retrieved on: 
Thursday, December 8, 2022

In the metaverse, our objective is to transform this 'intelligent' point into an 'intelligible' point by resorting to algorithms.

Key Points: 
  • In the metaverse, our objective is to transform this 'intelligent' point into an 'intelligible' point by resorting to algorithms.
  • Special thanks go to the monthly magazine Gomtre as well as to Marielle Mayo.
  • The resulting data will serve as the basis for the creation of a metaverse in the form of an escape game...
  • So, despite the somewhat daunting challenge, creating a virtual duplicate of the Abode of Chaos seemed a perfectly logical step.

Artmarket.com, already positioned on NFTs with Artprice, reacts to an interview on BFM Crypto with Bruno Le Maire and notably his desire to make France "the hub of the crypto-asset ecosystem"

Retrieved on: 
Friday, October 21, 2022

Bruno Le Maire declares: "And we want France to be the European hub of the crypto-asset ecosystem."

Key Points: 
  • Bruno Le Maire declares: "And we want France to be the European hub of the crypto-asset ecosystem."
  • This acceleration has been triggered primarily by a) the purge of cryptocurrencies and b) the introduction of much more favorable legislation in the USA.
  • Meanwhile, Europe has introduced a regulatory framework that supervises and controls the cryptocurrency environment, thereby giving greater confidence to consumers, investors, and operators.
  • Faced with this observation, Opensea has announced that it is considering solutions to counter this scourge and protect sellers and buyers.

Artmarket.com, already positioned on NFTs with Artprice, reacts to an interview on BFM Crypto with Bruno Le Maire and notably his desire to make France "the hub of the crypto-asset ecosystem"

Retrieved on: 
Friday, October 21, 2022

Bruno Le Maire declares: "And we want France to be the European hub of the crypto-asset ecosystem."

Key Points: 
  • Bruno Le Maire declares: "And we want France to be the European hub of the crypto-asset ecosystem."
  • This acceleration has been triggered primarily by a) the purge of cryptocurrencies and b) the introduction of much more favorable legislation in the USA.
  • Meanwhile, Europe has introduced a regulatory framework that supervises and controls the cryptocurrency environment, thereby giving greater confidence to consumers, investors, and operators.
  • Faced with this observation, Opensea has announced that it is considering solutions to counter this scourge and protect sellers and buyers.

Artprice by Artmarket congratulates Mimosa Echard, winner of the 2022 Marcel Duchamp Prize

Retrieved on: 
Wednesday, October 19, 2022

"The primary characteristic of the Marcel Duchamp Prize is being a collector's prize dedicated to the international promotion of the French scene".

Key Points: 
  • "The primary characteristic of the Marcel Duchamp Prize is being a collector's prize dedicated to the international promotion of the French scene".
  • Each year, the Marcel Duchamp Prize is awarded to one of four shortlisted artists (French or residing in France).
  • It was Jacqueline Matisse-Monnier, granddaughter of Henri Matisse and daughter-in-law of Marcel Duchamp, who initiated the idea of the Marcel Duchamp Prize.
  • To date, this "collectors' prize" (90,000 euros, of which 35,000 for the winner) has honored 23 winners and more than 90 artists.