“bilan”

Pierre Bergé & Associés: an assessment

In the first half-year of 2016, Pierre Bergé & Associés produced a consolidated volume of 12.3 million euros in France, with 10.77 million euros in France and 1.53 million euros in Belgium. Apart from bibliophilia and design, archaeology enabled the auction house to make its greatest sales, with an Egyptian limestone stele going for 126,700 euros. Among art objects, a pair of Blaeu globes sold for 232,610 euros while in the jewellery sector, a fine pearl necklace went for 176,540...

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It was the year 2015…

2015 is already ending. On this occasion, Art Media Agency chose to return to a few significant trends of the year which is about to draw to a close. A brief overview, necessarily subjective, of what the art world was in 2015. Market: between bulimia and mistrust Market side, the imbalance between the upper market and the other parts of the market has never been greater. What is the upper market? The market consists of museum-quality pieces, at prestigious provenance. The markets for contemporary, post-war and modern art foster a hundred major artists and bluechips, to the identified practices. More than ever, the market looks for signatures, even to pay the price. What better proof than the purchase by Qatar of Nafea faa ipoipo? (1892) by Gauguin for $ 300 million – the largest transaction in the art world? As for auctioneers, Christie’s completes 2015 at the top with 209 sales exceeding three million dollars (source: Artprice). And the record for the most expensive work of art on the secondary market broke once again, last May, to Picasso’s Femmes d’Alger (Version Ô) (1955), sold at Christie’s in eleven minutes for $ 179.3 million Christie’s, whose sales recorded an increase of 56 % in the first half of 2015, is headed for a good year. For its part, Sotheby’s had more mixed results, its CEO Tad Smith declared in July: “Our Company achieved strong sales but some elements have penalized the results.” By managing to secure the Taubman collection – the huge guaranteed prize – Sotheby’s has struck a blow, but must take risks to remain competitive against its rival. Meanwhile, in September, artnet noted that sales of contemporary works in the secondary market dropped by 23 % in the first half of 2015 (from $ 217.4 million to $...

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