Artmarket.com presents the Artprice 2022 half-year report: the art market returns to strong growth in the West
Retrieved on:
Tuesday, September 6, 2022
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Christie's hammered the 2nd best art auction result of all time at $195 million.
Key Points:
- Christie's hammered the 2nd best art auction result of all time at $195 million.
- Not far behind, the Parisian art market generated $518 million and has attracted a growing number of international institutions.
- Indeed, this key market indicator has reacted quite differently compared with how it reacted in the last major crisis that affected the global art market, the 2009 financial crisis.
- She also set a new auction record when her Untitled (Nets) (1959) reached $10.5 million at Phillips on 18 May 2022.