Art Press Agency

Discover the alchemy and universe of Artmarket and its artprice department http: //web.artprice.com/video headquartered at the famous Organe Contemporary Art Museum “The Abode of Chaos” (dixit The New York Times): https://issuu.com/demeureduchaos/docs/demeureduchaos-abodeofchaos-opus-ix-1999-2013

L’Obs – The Museum of the Future: https://youtu.be/29LXBPJrs-o

https://www.facebook.com/la.demeure.du.chaos.theabodeofchaos999
(4 million followers)

https://www.facebook.com/the.demeure.du.chaos.theabodeofchaos999

Contact Artmarket.com and its Artprice department
Contact: ir@artmarket.com

Catégories :2019, Art Market, Artprice, Global Lite, stock market, thierry ehrmann Étiquettes : "contemporary art", Art, art market, artprice, Post-War Art, S&P500, Thierry Ehrmann

ArtMarket.com – 24 October 2023: How the Art Market saves the world from economic and financial apocalypse…

2019/10/31 tehrmann Commentaires fermés

ArtMarket.com – 24 October 2023: How the Art Market saves the world from economic and financial apocalypse…

Artprice by Art Market invited a number of social science fiction authors to write near-term finance-fiction, as a prospective experiment including the Art Market.

It is Tuesday, 24 October 2023… here is the economic column by the editorial team of “Protect your Money”:

The French government has just issued 45 billion euros of long-term debt in a single day at negative rates. This is the second time France has issued tens of billions worth of 30-yr bonds at negative rates. The issue rate on its long-term debt has risen from -1.10% to -1.15% today.

Like every EU country, France is now borrowing at negative rates on short, medium and long–term debt. In the United States, President Trump’s insistent demands in 2019 that the Fed adopt negative rates were heard after his re-election in 2020. Meanwhile… Larry Gagosian – America’s wealthiest man – has been appointed as Donald Trump’s personal advisor. His acquisition, for $4.8 billion, of Leonardo da Vinci’s Salvator Mundi, now hanging in the Oval Office, undoubtedly played a role in his nomination.

Salvator Mundi ©2019 thierry Ehrmann - courtesy of Organ Museum / Abode of Chaos

[https://imgpublic.artprice.com/img/wp/sites/11/2019/10/salvator-mundi-999-thierry-ehrmann.jpg]

In stark defiance of rationality, investors looking for safe investments are ready to lend more and more money at a loss… a paradox that masks the fundamental reality that many financiers are actually gambling on an abysmal pursuit of negative rates throughout the world.

Numerous economists and commentators have alerted policy–makers to this practice, which is contrary to the fundamental rules of money-lending that have governed the global economy since time began. They point to the growing danger that the longer negative rates become the norm, the harder it will be to return to the healthier and sounder foundation of positive interest rates.

In his editorial in the New York Times, Chinese economist Wan Huan Xi – this year’s Nobel Prize winner for Economics – says This process is irreversible … It basically signals the death of the banking system as we know it, adding… The only way out is the concentration of the banking system… a planetary ‘nationalization’ by global supra-central regulatory authorities.

Faced with the destructive spiral that savings and capital have entered, a number of bold and enlightened investors have been exploring successful alternative investment paths for several years:

– Cryptocurrencies,

– Gold,

– Art.

Cryptocurrencies had the wind in their sails in the late 2020s, but demand tailed off because the crash of a “helicopter money” causes massive dilution that destroys its value. Eurobit, for example, lost 44% of its value last week, triggering a major panic amongst savers, investors and central banks alike. A joint statement from the ECB and the FED has announced a cryptocurrency rescue plan with negative rates of up to -3.6% and an immediate restart of QE (Quantitative Easing). The CEO of the startup Bitcoin Europa admitted that the risk is increasing every day. If the helicopter money strategy continues, we fear a collapse of prices… since cryptocurrencies essentially obey the same economic rules as physical currencies… they devalue with each new issue.

Moreover, we urgently need to reiterate our warnings about the permanent associated IT risk, the likes of which we saw in October 2021 when a complete paralysis of trading and trading systems for five days led to the first full-scale crash on cryptocurrency markets.

Gold has always been a safe haven and its value peaked not long ago. However, since the Chinese quantum calculator World Master defined the basis of an alchemical equation that is reasonably foreseeable in the near-term, gold prices have contracted substantially on profit–taking and are down 35% versus their peaks.

According to the Icelandic chemical engineer, Ragnar Eriksson, who participated in an international team to develop the Chinese World Master programme, conversion to gold is no longer a dream. We know how to produce gold using a reasonable amount of energy and producing a metal that fetches USD 450 an ounce.

Our advice on gold is now ‘neutral’ given that we can now envisage its industrial production under controlled costs.

Art has maintained its values for 25 years. In fact, it’s the big winner from globalization and dematerialization. As Artmarket.com (formerly Artprice) – a global player in the Art Market – points out, we have stable returns on Old Master Art and growing returns on Modern and Contemporary Art.

The “Artprice 100” art investment fund managed by Artmarket.com – whose assets are steadily growing with new subscriptions from investors and savers – generates an annual yield of 27% on Contemporary Art. Indeed, people all over the world, seduced by its novelty and originality, are turning towards art as a means of social distinction. Today Artmarket has 18 representatives of the largest banks in North America, Europe and Asia on its supervisory board.

Regularly cited by the IMF and the World Bank, the Artmarket conglomerate has become the standard reference to which savers and investors burned by repeated disasters turn for stability, growth and security in the Art Market. The Art market is now controlled by Artmarket via its presence on five continents.

thierry Ehrmann, founder/CEO of Artmarket.com, the world’s leading Art Market reference, says: We knew the Art Market would be a haven, but the reality has far exceeded our most ambitious forecasts. The rush towards art has been so strong we are now receiving offers from the GAFAs almost every day… because they understand that our knowledge goes back almost three centuries, with the largest collection of scrolls, manuscripts and catalogues tracing the history of artworks in an ultra-secure bunker in a secret location. (However, the Wall Street Journal / Wired says that reliable sources, in secret collaboration with the Icelandic government, have located the bunker in a militarized zone in the middle of the volcanic island…). Our ultra-secure servers based on Artificial Intelligence hold all of the meta-data without which any investment in Art would be similar to Russian Roulette.

thierry Ehrmann concludes… “Since 1999 we have understood that the Art Market is essentially the oldest in the world… Man exchanged artworks commercially before money was ever minted… In this time of global financial and economic chaos, we are holding the key to the world’s financial salvation.

Artprice by Art Market invited social science fiction authors to write near-term finance-fiction as a prospective experiment. Naturally, because of its fictional nature, this press release cannot be interpreted in any shape or form as an element of legal, financial or economic information.

About Artmarket:

Artmarket.com is listed on Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

Discover Artmarket and its Artprice department on video: https://en.artprice.com/video

Artmarket and its Artprice department was founded in 1997 by its CEO, thierry Ehrmann. Artmarket and its Artprice department is controlled by Groupe Serveur, created in 1987.

See certified biography in Who’s who ©:

https://imgpublic.artprice.com/img/wp/sites/11/2019/10/biographie_oct2019_WhosWho_thierryEhrmann.pdf

Artprice by Artmarket’s 2018 Global Art Market Report published in March 2019: https://fr.artprice.com/artprice-reports/le-marche-de-lart-en-2018

Index of press releases posted by Artmarket with its Artprice department:

http://serveur.serveur.com/press_release/pressreleasefr.htm

Follow all the Art Market news in real time with Artmarket and its Artprice department on Facebook and Twitter:

https: // www .facebook.com / artpricedotcom (4.5 million followers)

https://twitter.com/artmarketdotcom

L’Obs – The Museum of the Future: https://youtu.be/29LXBPJrs-o

https://www.facebook.com/la.demeure.du.chaos.theabodeofchaos999
(4 million followers)

https://www.facebook.com/the.demeure.du.chaos.theabodeofchaos999

Contact Artmarket.com and its Artprice department
Contact: ir@artmarket.com

Beijing: creation of Artprice and Artron teams to conquer the Chinese Art Market, multiply Artprice’s turnover and promote Chinese art in the West.

2018/11/27 tehrmann Commentaires fermés

Beijing: creation of Artprice and Artron teams to conquer the Chinese Art Market, multiply Artprice’s turnover and promote Chinese art in the West.

Beijing – Artprice’s Chairman, thierry Ehrmann, and its senior executives have just returned from several days of intense work at Artron’s headquarters in Beijing where discussions focused on accelerating and implementing, as quickly as possible, all the agreed strategic and commercial initiatives that will inevitably generate very positive results in terms of turnover and the expansion of Artprice’s client base… not to mention shareholder value.

Artron and its Chairman Mr. Wan Jie gave the Artprice team an exceptionally respectful, warm and loyal welcome and introduced Artprice to China’s top-level institutional leaders, the country’s principal Art Market players and all of Artron’s 3,500 employees.

These face-to-face introductions are an essential step in Artprice’s bid to fructify the enormous potential of the Chinese market in a fast and optimal manner.

In 2018, China accounted for 45% of global online transactions, generating 12 times more online transactions than the United States. China has a huge advantage over the West because it is building its market economy directly on the Internet (Source GEAB / LEAP 2020).

Speaking in front of his senior executives and top management, Mr. Wan Jie – at the head of his Artron empire and probably the most powerful player in China’s Art Market – reiterated his unfailing personal friendship and loyalty vis-à-vis Artprice’s founder-Chairman, thierry Ehrmann.

This fact deserves emphasis as Chinese custom usually prohibits such ‘departures’ from accepted business protocol.

As China has become the global Art Market’s leading marketplace over the past decade – Artprice had been the first to report it in 2009 –, it naturally represents a fascinating new market for Artprice.

China has grand ambitions:

As the French language business weekly Challenges headlined last week: “China, the giant that wants to dominate the World”. China is still accelerating with its “Made in China 2025” plan and its “New Silk Roads”.

As a global company, Artprice made a point to successfully enter the Chinese market, now the last great ‘eldorado’ for any group whose market is global.

According to Artprice’s founding Chairman, thierry Ehrmann, “I appreciated the emergence of China’s global power, its insatiable appetite and its desire for leadership a long time ago! Over the past nine years, Artprice has translated hundreds of millions of data from its proprietary databases into Mandarin. However, observant visitors to our famous head offices (L’Organe Museum of Contemporary Art at the “Abode of Chaos” [dixit The New York Times]) over the past 30 years will have noticed thousands of artworks – including my own sculptures and paintings – directly or indirectly referring to the ancient culture and history of China.”

“Unlike many, I am not surprised to see China gradually becoming the world’s leading economic power. Artprice has decided to enter the Chinese market through the front door with a humility that has clearly been lacking in many Western listed companies. Any other strategy would have been a fatal mistake. I therefore wish to reiterate my thanks to Wan Jie, Artron’s Chairman, and all his colleagues for making this open and proper strategy possible after 9 years of close collaboration!”

Thanks to Artron’s expert advice, Artprice fully complies with the specifications of China’s “Great Electronic Wall” and its terms and conditions: Law CL97 (1997) as well as its “Golden Shield” protocol (1998).

In order to comply with law CL97, Artprice spent two years rewriting all its databank code in order to eliminate all US and European corporate source code containing cookies, tags, metadata, backdoor elements (amongst other elements).

Since Monday morning, Artprice is one of the very few Western companies to possess a WeChat profile reserved for companies operating under Chinese law. WeChat is used by more than 1.8 billion Chinese Internet users around the world.

The statistics concerning China are eye-watering: a population of over 1.4 billion people, 5 times that of the United States, a GDP growth of 6.5% this year and, regarding specifically Artprice, a colossal art market with a massive pool of living artists (1 million in China versus 120,000 for the USA and Europe combined) and an almost infinite number of artworks. China’s art market is animated by tens of millions of art buyers, professionals and collectors, many of whom are Artron customers and therefore, going forward, potential customers for Artprice.

The title of Artron’s press release: “Artron and Artprice team up to create the art ‘silk road’”, (the ‘silk road’ notion is massively used by the Chinese State) makes perfect sense. The New Silk Road is part of China’s soft power strategy (OBOR for One Belt, One Road) to conquer the world economically.

China had initiated the project. According to the IMF, the World Bank and the CIA World Factbook, China is the world’s leading economic power in terms of GDP-PPP in 2017. According to CNN, this project encompasses 68 countries representing 4.8 billion people and 62% of global GDP.

Artron is a very powerful company and, for those interested in Art or the Art Market, Artron is completely unavoidable in China. Artron is not only the world’s leading publisher of Fine Art books and auction catalogues (with more than 400 million books/catalogues printed); it is also a major scientific laboratory – with premises in Beijing, Shanghai and Shenzhen – and a technical and scientific knowledge base that easily rivals that of Silicon Valley.

Its scanning processes in virtual reality, augmented reality and mixed reality have reached the very highest level of global sophistication and the company’s scientific and cultural innovation has been rewarded with more than 800 prizes and awards for excellence.

Artron.Net is the most respected brand in the Chinese art world. It has more than 3 million professional members in the arts sector and an average of 15 million daily visits, making it the world’s leading art website. It is the first choice for art professionals, investors / collectors and art lovers. Founded in 1993, the Artron Art Group is celebrating its 25th anniversary this year.

The involvement of Artron and its Chairman Mr. Wan Jie in Art in China is completely uncontested. Mr. Wan Jie is a ‘protector’ of Beijing’s famous 798 Factory which enjoys global visibility and was visited by Artprice staff.

He is also Vice-Chairman and Founder of the Institute of the famous Forbidden City, where he and thierry Ehrmann visited government offices that are closed to the public during the recent trip to Beijing.

The was also an opportunity for Artprice’s Chairman thierry Ehrmann to see first-hand Mr. Wan Jie’s involvement and support for the protection and diffusion of ancient masterpieces of Chinese art in the Imperial Granaries. These superb works have been “returned to the people” thanks to Artron’s scientific breakthroughs and ultra high-speed Internet which allows these masterpieces of humanity to be contemplated in a virtual reality context, with the support of the Chinese State.

During the trip, the Artprice team met some of China’s world-renowned artists including Fang Lijun (born in 1963) ranked 623/700,000 in 2018 and Zhang Xiaogang (born in 1958) ranked 121/700,000 artists in 2018 in Artprice’s global ranking.

Artprice’s press agency, ArtMarketInsight, together with Artron’s editors, have decided to post around thirty daily dispatches in both Chinese and English aimed at combining information about the Chinese art market with information about the Western art market.

Our various meetings and visits in Beijing left no doubt in our minds as to the power of China, the extraordinary wealth and depth of its history (over 4,000 years), and the country’s incredible advance over the West in terms of technology… a vision and an understanding of China that completely disqualifies the ignorant visions of the Chinese Empire that can still be found in the West to this day.

A geo-cultural analysis is not interested in the percentage of GDP spent on arms, but rather in the depth of the countries’ respective histories and the relative strengths and weaknesses of the protagonist civilizations.

Among its numerous manifestations, China’s ‘soft power’ is also focused on the Art Market. In this context, Artron’s alliance with Artprice is part of Xi Jinping’s “BRI” (belt and road initiative) launched in 2013 (aka the “Silk Road” in Europe). According to CNN, this project encompasses 68 countries representing 4.8 billion people and 62% of global GDP with an investment of close to $8 trillion.

It is therefore a great honour for Artprice to have been chosen by Artron and its Chairman Mr. Wan Jie. Artron appreciates the work conducted by Artprice and has validated its place as World Leader in Art Market Information. That is why Artprice subscriptions will be distributed in China, with a huge potential for new customers. Artprice’s data will contribute to the fluidity of the Chinese and, more broadly, the Asian Art Market, in a context where ‘Greater Asia’ will account for 70% of the global Art Market by 2019.

According to Artron, Artprice’s econometric expertise associated with Artron’s proprietary data will not only provide an extraordinary boost to the fluidity of China’s Art Market (throughout its numerous provinces and autonomous regions), it will also greatly enhance and facilitate the work conducted by the country’s tax, administrative and customs authorities.

According to Artron and its Chairman Mr. Wan Jie, the only legitimate way to approach this colossal mission was to team up with a recognised and globally authoritative third-party certifier like Artprice, as World Leader in Art Market Information.

Never mentioned in the press or identified by economists or sociologists, this massive new market that Artprice is entering is typical of the kind of domestic market that only a central player in China’s Art Market could have been aware of.

China’s Provincial-level administrative divisions are the highest level administrative divisions in the People’s Republic of China. There are 34 such divisions, classified as 23 provinces, 4 municipalities, 5 autonomous regions, and 2 Special Administrative Regions.

Artprice subscriptions sold exclusively by Artron in China will therefore reach directly into the heart of the need identified by Artron within China’s domestic market. Similarly, Artprice will be accessible via Artron.Net’s home page and all the Chinese social networks where Artron is omnipresent.
Artron’s Chairman Mr. Wan Jie has already introduced Artprice to some very promising commercial contacts including the Chairman of China Guardian, China’s first publicly-traded Chinese auction house. China Guardian needs high-end Artprice subscriptions for its VIP customers as well as Artprice’s monthly analyses for its internal operations.

Thanks to Artron’s unique technology in the field of scanning parchments, manuscripts and collection catalogues from the previous century, Artprice will finally be able to offer all its customers extremely high value-added data such as the hundreds of thousands of handwritten notes by Hippolyte Mireur and the various pre-17th century documentary collections that Artprice owns, which are too fragile to be scanned using Western scanning devices.

With this major breakthrough, Artprice will further strengthen its position as World Leader in Art Market Information.

In the context of this extraordinary alliance with Artron and the massive potential for new customers in China, Artprice is anticipating a major boost to its 2019 sales and profits.

For the launch and marketing of its services and databases in China, Artprice will benefit from all of Artron’s logistical resources in terms of communication, via the Internet, as well as the physical world, thanks to its power, its reputation and its innumerable electronic and/or commercial networks throughout Greater Asia.

In this context, Artprice, with the assistance of Artron, has just translated 125 million data into the Chinese currency, the Renmimbi (RMB). Naturally the primary objective of this translation process is to facilitate the purchase of its data by its new Chinese clientele, presented by Artron. This captive clientele is accustomed to using Alipay and WeChat (1.8 billion users), two Chinese instant payment platforms (QR Code in kiosk mode debiting the Chinese customer on behalf of Artprice) that are mandatory for Chinese buyers.

Numerous synergies have already been identified from our joint working sessions and the merging of Artprice/Artron teams with the similar functions. Given the extent of strategic, financial and economic involvement with Artron, Artprice has decided to appoint a Chief Executive responsible for its Chinese and Greater Asia operations, who will reside in Beijing and work closely with Artron’s teams.

The objective of this strategy is to accelerate the numerous initiatives recently engendered by Artprice’s and Artron’s contractual and promissory agreements. This informed decision has been carefully deliberated and enjoys unanimous support within the Group.

This appointment will, notably, make it easier to coordinate Artron’s and Artprice’s joint initiatives.

Artron’s goals are both transparent and unambiguous:

In Mr. Wan Jie’s own words: “The founders and Chairmen of the two companies, thierry Ehrmann and myself – with our enthusiasm for art – will create a Silk Road linking the Chinese and Western art markets on the principle of mutual respect and cooperation”.

“The two parties will build a global, diversified and professional exchange platform in the art market that will ultimately promote the sustainable development of the global art market.”

As this platform develops, Artprice’s Standardised Marketplace® will host millions of works by Chinese artists, provided by Artron, generating a massive increase in the number of artworks available online.

Artron’s Founding Chairman, Mr. Wan Jie, immediately understood the commercial interest and wisdom of Artprice’s ownership of the domain names artmarket.com, artmarket.net and artmarket.org, names that naturally and legally capture millions of “Art Market” queries on Google every month.

Artmarket.com, .net and .org therefore represent a decisive advantage in our quest to capture and drive the Global Art Market’s development on the Internet.

According to a bailiff’s report established by the Estelle PONS – Sarah MERGUI licensed court bailiff partnership in Lyon, Artmarket.com is the top result out of 1.82 billion results on Google.com (all languages combined) and therefore represents the best possible vector for Artprice to promote the works of 1 million Chinese artists and their tens of millions of works (already hosted by Artron) in the Western art market.

In view of the radical change in scope anticipated, Artprice is naturally moving towards an IPO of its subsidiary artmarket.com, its Standardized Marketplace®, on a Chinese stock exchange (Shanghai, Hong Kong, Shenzhen …) and not on an Anglo-Saxon exchange as originally planned.

According to thierry Ehrmann, “In 2019 Artprice will begin a new chapter alongside Artron that will trigger tremendous value for the global Art Market and our loyal shareholders. I am particularly pleased that my long-term strategy based on China’s rapid economic emergence will generate such positive results.”

“Today I am 56; when I first visited China I was 25. Since then I have spent 30 years patiently studying the Middle Kingdom. Beyond this satisfaction, I have had the immense pleasure of knowing Mr. Wan Jie, a founding Chairman with whom I share the same vision regarding the democratization and promotion of art in the world. In short… Artprice’s long march is about to reach its objectives for its shareholders and for the global art market.”

Artron will soon be publishing a documentary-report explaining all the meetings, discussions and agreements between the Artprice and Artron teams in Beijing. It will allow Western viewers to see images of Artron’s ultra-sophisticated scientific processes and appreciate the economic power of Artron in Greater Asia.

About the Artron Group:

“Artron Art Group (Artron), a comprehensive cultural industrial group founded in 1993, is committed to inheriting, enhancing and spreading art value. Based on abundant art data, Artron provides art industry and art fans with professional service and experience of quality products by integrated application of IT, advanced digital science and innovative crafts and materials. Having produced more than 60,000 books and auction catalogues, Artron is the world’s largest art book printer with a total print volume of 300 million a year. It has more than 3 million professional members in the arts sector and an average of 15 million daily visits, making it the world’s leading art website. Founded in 1993, the Artron Art Group is celebrating its 25th anniversary this year. It is the first choice for art professionals, investors, collectors and art fans in general wishing to discover and/or participate in the art world or the art market. Founded in 1993, Artron Art Group is celebrating its 25th anniversary this year.”

According to the Artron Group and its founder-Chairman Mr. Wan Jie “After 7 years of cooperation, Artron and Artprice have optimised their cooperation regarding the Chinese and Western art markets. The founders and Chairmen of both companies, Mr. Wan Jie and Mr. Thierry Ehrmann, with their enthusiasm for art, will create a Silk Road linking the Chinese and Western art markets on the principle of respect and mutual cooperation. The two groups will build a global, diversified and professional exchange platform in the Art Market, which will ultimately promote the sustainable development of the Global Art Market.

Artron’s Web: www.artron.com.cn; www.artron.net.

Contact: 400-6690-999

About Artprice:

Founded by thierry Ehrmann (see Who’s who certified Biography ) (c) https://imgpublic.artprice.com/img/wp/sites/11/2018/10/bio-2019-whos-who-thierry-ehrmann.pdf ).

Artprice is listed on the Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

Dicover Artprice in video: https://www.artprice.com/video

Artprice is the global leader in art price and art index databanks. It has over 30 million indices and auction results covering more than 700,000 artists. Artprice Images® gives unlimited access to the largest Art Market resource in the world: a library of 126 million images or prints of artworks from the year 1700 to the present day, along with comments by Artprice’s art historians.

12 Oct. 2018: Artprice and Artron have just created an “Art Media Mogul”:
Video: https://vimeo.com/296010836

Artprice permanently enriches its databanks with information from 6,300 auctioneers and it publishes a constant flow of art market trends for the world’s principal news agencies and approximately 7,200 international press publications. For its 4,500,000 members, Artprice gives access to the world’s leading Standardised Marketplace for buying and selling art. Artprice is preparing its blockchain for the Art Market. It is BPI-labelled (scientific national French label)Artprice’s Global Art Market Annual Report for 2017 published last March 2018: https://www.artprice.com/artprice-reports/the-art-market-in-2017

Artprice’s Contemporary Art Market Annual Report for 2017 – free access at: https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2017

Artprice’s press releases:

http://serveur.serveur.com/Press_Release/pressreleaseen.htm

https://twitter.com/artpricedotcom & https://twitter.com/artmarketdotcom

Artmarket News:

https://www.facebook.com/artpricedotcom & https://plus.google.com/+artpricedotcom/posts

Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos:

http://serveur.serveur.com/Press_Release/pressreleaseen.htm

The Contemporary Art Museum The Abode of Chaos on Facebook: https://www.facebook.com/la.demeure.du.chaos.theabodeofchaos999

Contact: ir@artprice.com

Catégories :2018, Art Market, Artprice, Artron, Demeure du Chaos / Abode of Chaos, stock market, thierry ehrmann Étiquettes : art market, artprice, Artron, Chinese Art Market, Made in China 2025, New Silk Roads, Thierry Ehrmann, Wan Jie

Artprice: imminent nomination of a Chief Executive in China

2018/10/31 tehrmann Commentaires fermés

Artprice: imminent nomination of a Chief Executive in China

Considering the depth of Artprice’s strategic, capitalistic and economic involvement with Artron, thierry Ehrmann plans to propose to Artprice’s board of directors the nomination of a Chief Executive responsible for its Chinese and Greater Asia operations.

The selected candidate (not a member of the Ehrmann family) has all the confidence of thierry Ehrmann, who remains CEO and Chairman of the Group.

About Artron:

Artron Art Group (Artron) is a general cultural industry group rooted in the art field and aims to “serve the people with art” by “serving the people’s art”, inherit, enhance, spread and realize values of art, and inherit excellent art and culture and enhance their values in professional art markets; spread values of art and culture and convey the beauty of art to people’s daily lives in public art markets.

As China’s largest comprehensive art service platform, Artron.net delivers four solutions including Smart Archive, Smart Show, Smart Deal and Smart Reading. In addition, upon resources and professional studies of Artron’s art market monitor agency (AMMA) and almost 20 years’ of experience in the field of art, it has established long-term strategic cooperation with governmental bodies such as the Ministry of Culture, cultural institutions such as the Palace Museum, global art universities, internet companies such as Baidu and overseas research institutes.

Artron’s Web: www.artron.com.cn; www.artron.net.

Contact: 400-6690-999

About Artprice:

Founded by thierry Ehrmann (see Who’s who certified Biography ) (c) https://imgpublic.artprice.com/img/wp/sites/11/2018/10/bio-2019-whos-who-thierry-ehrmann.pdf ).

Artprice is listed on the Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

Dicover Artprice in video: https://www.artprice.com/video

Artprice is the global leader in art price and art index databanks. It has over 30 million indices and auction results covering more than 700,000 artists. Artprice Images(R) gives unlimited access to the largest Art Market resource in the world: a library of 126 million images or prints of artworks from the year 1700 to the present day, along with comments by Artprice’s art historians.

12 Oct. 2018: Artprice and Artron have just created an “Art Media Mogul”:
Video: https://vimeo.com/296010836

Artprice’s Contemporary Art Market Annual Report for 2017 – free access at: https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2017

Artprice’s press releases:

https://twitter.com/artpricedotcom & https://twitter.com/artmarketdotcom

Artmarket News:

https://www.facebook.com/artpricedotcom & https://plus.google.com/+artpricedotcom/posts

Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos:

https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2018

The Contemporary Art Museum The Abode of Chaos on Facebook: https://www.facebook.com/la.demeure.du.chaos.theabodeofchaos999

Contact: ir@artprice.com

Catégories :2018, Art Market, Artprice, auction, Press Releases, SRD Long Only, stock market, thierry ehrmann Étiquettes : #PRC, $PRC, art market, artprice, artprice.com, Artron, China

Artprice presents its 2018 Contemporary Art Market Report ahead of the Frieze and the FIAC: Plus 1,744% turnover growth in 18 years, an 8.1% annual yield.

2018/10/01 tehrmann Commentaires fermés

Artprice presents its 2018 Contemporary Art Market Report ahead of the Frieze and the FIAC: Plus 1,744% turnover growth in 18 years, an 8.1% annual yield.

Artprice, founded and presided by thierry Ehrmann, achieves in close collaboration with its Chinese institutional partner the group Artron/AMMA (Art Market Monitor of Artron) founded and presided by WAN Jie, its 21st report.

A full market is now active on 5 continents.

The almost parallel increases over the 12 months to June 2018 in the Contemporary Art Market’s three main indicators (+19% global turnover, +17% lots sold and +18% in the segment’s price index) suggests a very rapid and balanced growth of Contemporary Art sales worldwide.

The average annual financial return, currently +8.1% on Contemporary works, looks very attractive indeed in the context of negative or near-zero rates that erode cash savings.

The Artprice Contemporary Art Market Report 2018, an indispensable tool for anyone attending the big autumn fairs, particularly the Frieze and the Fiac, is available free of charge at the following address:

N.B. for the purposes of our report

Contemporary Art = works created by artists born after 1945

Fine Art = painting, sculpture, drawing, photography, videos, prints, installations

Period analysed: 1 July 2017 – 30 June 2018

The 66,850 transactions hammered over the 12–month period reflect a market of unprecedented intensity. Since 2000/2001, the number of transactions has multiplied 5.5 times. Over the same period, global turnover has risen + 1,744% from $103 million to $1.9 billion. The average price of a Contemporary work has risen from $8,400 at the turn of the 21st century to $28,000 today. Moreover, today’s Contemporary Art Market offers unprecedented diversity: 20,335 artists born after 1945 recorded at least one auction result over the 12 month period, nearly five times more than in 2000/2001 (4,100 Contemporary artists).

According to thierry Ehrmann, Artprice’s founder and CEO, “We have had a period of restructuring that lasted roughly three years; but the Contemporary Art Market is now back on a much stronger footing. Although prices are indeed rising again, there is a much broader supply that allows a better selection of works… and the perfectly stable unsold rate, at 39%, guarantees a balanced market.”

The United Kingdom ($545 million) and mainland China ($298 million) both posted excellent turnover totals, up 55% and 15% respectively. On the other hand, the USA posted a 13% contraction versus the year-earlier period that was boosted by the exceptional record of $110.5 million for Jean-Michel Basquiat’s Untitled (1984).

London, New York, Beijing and Hong Kong alone account for 82% of global auction sales of Contemporary Art, from just 17% of the global lots sold.

The French market posted a remarkable performance with sales of Contemporary Art up 81% during the 12-month period to $71 million. In the rest of Europe, Germany (+40%), Italy (+31%) and Belgium (+27%) consolidated their 5th, 7th and 10th places respectively on the global Contemporary Art Market. Elsewhere, several countries contributed to the market’s growth around the globe: Japan (+22%), Australia (+15%), South Korea (+15%), South Africa (+25%).

Key figures:

Global turnover was up 19% to $1.9 billion
The number of lots sold rose by 17%, with 66,850 auction results
The global unsold rate remained stable at 39%
The Contemporary Art Price Index posted an increase of 18.5%
Since 2000/2001, global turnover has risen 1,744%, from $103 million to $1.9 billion
Since 2000/2001, the lots sold total has multiplied 5.5x from 12,300 to 66,850
Contemporary Art auction results were recorded in 59 countries last year
New York, London, Beijing and Hong Kong accounted for 82% of turnover, on 17% of global lots sold
Greater China (Hong Kong and Taiwan included) generated $480m, i.e. 26% of the global market
Europe had an exceptional year: France +81%, Germany +40%, Italy +31%
The Netherlands, Belgium and Austria each generated over $8 million
South Korea ($8 million) and the Philippines ($5 million) bring Southeast Asia into the global market
Australia ($10 million) and New Zealand ($5 million) are in the top 20 marketplaces
South Africa ($6 million) leads Africa, with Morocco and Nigeria far behind
The Middle East is represented by Turkey ($5 million), Iran ($3 million), UAE ($2 million) and Israel ($1 million)

1. General synopsis. Contemporary Art’s market performance

Available for free online, the new 2018 Artprice Contemporary Art Market Report provides decision support tools via four chapters that analyse the evolution, the organization and the latest trends in the Contemporary Art Market. The four chapters explore the hottest topics in the global market and provide answers to questions that any art lover, collector, professional or curator who is active in the Contemporary Art Market might have.

2. Artists’ prices

Stimulated by a sensational record of $110.5 million in May 2017, the Contemporary art Market has just ended a third consecutive semester of growth. The principal drivers of this growth are ever-stronger demand for works by the stars of Contemporary art and a proliferation of supply in a particularly favorable economic context.

3. Africa and its diasporas

From the construction of a market for African Contemporary art in France… to the explosion of African-American art in the United States: a brief look at the “African” wave sweeping across the entire Art Market.

4. In the news

She’s French, but has ‘emerged’ in England. Laure Prouvost already has a brilliant career with a superb CV: she studied at Central Saint Martins (cinema) and Goldsmiths College, received the Max Mara Award in 2011 followed by an exhibition at the Whitechapel Gallery, before winning the famous Turner Prize in 2013.

Top 100 Contemporary works sold at auction (July 2017 – June 2018)

Top 500 Contemporary artists by auction turnover (July 2017 – June 2018)

Contemporary Art (12% of the global Art Market compared with just 2.8% in 2000) cannot be measured using the same yardstick we use for Impressionist or Modern Art. Over the same period, its auction turnover has increased +1,744% from $103 million to $1.9 billion. The popularity and prices indices of a Contemporary artist are highly sensitive to a range of different factors, constantly subject to the influence of events and “art news” in general.

In order to study this reality, Artprice – the world leader in art market information – has developed a new method of analysis and a range of decision support tools in collaboration with its econometrists, its editorial team and it art historians. The result is a methodology that provides optimum insight into the market’s price developments.

According to thierry Ehrmann, “The myth of the wretched artist is no longer relevant to the modern era and the old notion that the only good artist is a dead artist has been consigned to oblivion”.

This 2018 Contemporary Art Market Report (its 21st since 1997) goes straight to the heart of this fascinating issue… the role of artists in the modern era. I believe we can safely agree with the poetic understanding of this role enunciated by the philosopher Giorgio Agamben: that a Contemporary (artist) is he who firmly holds his gaze on his own time so as to perceive not its light, but rather its darkness… a role that is being revived from a long slumber.

In a standardised and globalised world, the Contemporary artist brings us that extra soul which we are constantly in need of.«

http://www.artprice.com Copyright thierry Ehrmann1987/2018

About Artprice:

Artprice is listed on the Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

Dicover Artprice in video: https://www.artprice.com/video

Artprice’s Contemporary Art Market Annual Report for 2017 – free access at: https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2017

Artprice’s press releases:

http://serveur.serveur.com/Press_Release/pressreleaseen.htm

https://twitter.com/artpricedotcom & https://twitter.com/artmarketdotcom

Artmarket News:

https://www.facebook.com/artpricedotcom & https://plus.google.com/+artpricedotcom/posts

Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos:

https://www.actusnews.com/fr/ARTPRICE/cp/2018/01/31/artprice-launches-its-blue-chip-art-market-index-artprice100-reg-designed-for-financiers-and-investors

The Contemporary Art Museum The Abode of Chaos on Facebook: https://www.facebook.com/la.demeure.du.chaos.theabodeofchaos999

Contact: ir@artprice.com

Artprice: H1 2018 Global Art Market Report – all indicators are positive.

2018/08/06 tehrmann Commentaires fermés

First Half 2018: the Art Market posted a general recovery of +18%

1 Global auction turnover on Fine Art* rose 18%, totalling $8.45 billion

2 Transaction numbers remained stable with 262,000 lots sold, up 2.5% vs. H1 2017

3 The USA posted a massive 48% increase, with total turnover of $3.3 billion

4 China*, with $2 billion in turnover, reduced its unsold rate before a decisive H2

5 The UK, with auction turnover up 18% to $1.9 billion, is just behind China

6 The EU is contributing to growth: France +8%, Germany +17%, Italy +22%

7 Modern Art, the mainstay of the market’s high-end, accounted for 46% of total turnover

8 Modigliani and Picasso both scored results above $100 million threshold

9 Zao Wou-Ki was China’s best-performer in H1 2018 with total sales of $155 million

10 Contemporary Art’s global price index rose 27%, a serious competitor of the S&P 500

* Public sales of Fine Art (Painting, Sculpture, Drawing, Photography, Prints, Installations)

**In collaboration with Art Market Monitor of Artron (AMMA)

General conclusion…

Worldwide, the Art Market grew by +18% in H1 2018, pursuing the growth we saw in H1 2017 (+9%) and confirmed in H2 2017 (+32%).
Global figures

At a global level, more than 262,000 Fine Art lots were auctioned in the first six months of 2018, generating a total product of $8.45 billion (including fees). Artprice, the world leader in Art Market information since 1987, has systematically analysed and digested the results of more than 3,532 auction sales around the world. This half-year report covers public sales of Fine Art (painting, sculpture, drawing, photography, prints and installations).

Read Artprice.com’s H1 2018 Global Art Market Report online at: https://www.artprice.com/artprice-reports/global-art-market-in-h1-2018-by-artprice-com

According to thierry Ehrmann, Artprice founder and CEO, “Since the turn of the century, the Art Market has demonstrated an exceptionally high degree of maturity, resisting the NASDAQ crisis, the consequences of nine-eleven, of the second Iraq war and of course the unprecedented financial and economic crises that started in 2007. Since then, it has been operating against a backdrop of negative interest rates that undermine the value of savings and, more recently, in a global context of heightening geopolitical tensions. During these past 18 years, the Art Market has managed to adapt to reality, not only avoiding its own collapse in the face of financial crises, but actually creating a genuine investment safe-haven without forming a speculative bubble.”

The attractive returns on art over the last few years have outperformed many other investments and the Art Market has become an independent, liquid and efficient market on all continents.

Top 10 Countries by Auction Turnover H1 2018

Country – Turnover – (Market Share)

1 United States – $3,341,746,766 – (39.6%)

2 China – $1,997,226,110 – (23.6%)

3 United Kingdom – $1,873,284,804 – (22.2%)

4 France – $372,461,596 – (4.4%)

5 Germany – $122,765,010 – (1.5%)

6 Italy – $118,907,954 – (1.4%)

7 Switzerland – $76,847,823 – (1.3%)

8 Japan – $66,901,157 – (0.9%)

9 Austria – $53,562,620 – (0.8%)

10 India – $38,351,733 – (0.6%)

Other: – $383,793,555 – (5.0%)

The Top 500 artists by sales product indicates China has acquired, over he years, a significant position in the Art Market and now boasts 128 of the world’s 500 most-rated artists, far ahead of the United States (82) and Great Britain (27).

The data pertaining to the Chinese Art market is the fruit of Artprice’s 7-year collaboration with its Chinese institutional partner, Artron Group and AMMA (Art Market Monitor by Artron), directed by Wan Jie.

Despite a relatively unfavourable economic context, the global art market has shown signs of buoyancy, driven by a powerful combination of investment logic, speculative buying, passion collecting and insatiable demand for major signatures from new museums around the world.

These growth drivers rely heavily on easy access to reliable Art Market information such as provided by Artprice (pioneer and global leader in the field) and have been boosted by a whole series of underlying phenomena. These include a rapidly spreading awareness that every aspect of participation in the art market, including online sales, can be conducted via the Internet (98% of participants are connected to Internet); a financialisation of the art market’s high-end fostered by its stability and transparency; a rapid increase in the art-buying population from roughly 500,000 after 1945 to approximately 90 million in 2018; a significant reduction in the average age of market players and a major geographical expansion of the market to nearly all of Asia, the Pacific Rim, India, South Africa, the Middle-East and South America

Another massive Art Market driver is the new-era museum industry (700 new museums per year) that has become a significant economic reality in the 21st century. More museums opened between 2000 and 2014 than in the previous two centuries.

Hungry for museum quality works, this sector is one of the primary drivers of the Art Market’s spectacular growth. The Art Market is now both mature and liquid, offering yields of 10% to 15% per year on works valued over $100,000.

Considering these macro- and micro-economic data, the past 18 years have confirmed the Art Market’s potential as a safe haven against economic and financial turbulence, generating substantial and recurring yields.

With central banks effectively working in a negative interest rate environment, the Art Market looks very healthy by comparison having posted a 2,108% growth in the annual auction turnover of its Contemporary segment over the past 18 years. The global Art Market has also posted linear growth

In the average value of an artwork (Old, Modern and Contemporary) of +25% over the same period. If we look at the Contemporary segment alone, the progression is +88%.

These returns are not just reserved for “star” artists. We find a substantial average annual yield of +9% on works sold above the €20,000 threshold.

The Artprice100® shows a progression of +360% since 2000. About Artprice100® :

The Art Market is an efficient, historical and global market whose capacity to resist economic and geopolitical crises requires is now beyond doubt.
TOP 20 artists – H1 2018 © Artprice com

Artist — Turnover (USD) — Number of works sold — Best result (USD)

1 Pablo PICASSO (1881-1973) – $602,865,747 – 1,841 – $115,000,000

2 Claude MONET (1840-1926) – $267,055,149 – 22 – $84,687,500

3 Andy WARHOL (1928-1987) – $175,393,487 – 778 – $37,000,000

4 Jean-Michel BASQUIAT (1960-1988) – $162,756,656 – 64 – $45,315,000

5 Amedeo MODIGLIANI (1884-1920) – $160,869,523 – 22 – $157,159,000

6 ZAO Wou-Ki (1921-2013) – $154,558,288 – 268 – $23,305,301

7 Henri MATISSE ( 1869-1954) – $144,675,227 – 227 – $80,750,000

8 ZHANG Daqian (1899-1983) – $107,478,086 – 283 – $13,129,521

9 Kasimir MALEVICH (1878-1935) – $96,248,783 – 6 – $85,812,500

10 Joan MIRO (1893-1983) – $87,818,817 – 696 – $21,687,500

11 Gerhard RICHTER (1932-) – $80,720,365 – 177 – $16,563,000

12 David HOCKNEY (1937-) –$77,358,842 – 214 – $28,453,000

13 Alberto GIACOMETTI (1901-1966) – $73,528,071 $ – 74 – $16,647,567

14 Francis BACON (1909-1992) –$73,156,871 – 58 – $49,812,500

15 Constantin BRANCUSI (1876-1957) –$71,921,220 – 3 – $71,000,000

16 QI Baishi (1864-1957) – $64,402,510 – 169 – $8,753,015

17 Paul GAUGUIN (1848-1903) – $63,511,735 – 34 – $35,187,500

18 Fernand LÉGER (1881-1955) – $ 62,655,125 – 122 – $19,437,500

19 Richard DIEBENKORN (1922-1993) – $62,311,216 – 54 – $23,937,500

20 Yayoi KUSAMA (1929-) – $61,861,631 – 344 – $4,534,985

Top 10 auction results in H1 2018 © Artprice com

Artist – Work – Price (USD) – Date – Auctioneer

1 Amedeo MODIGLIANI (1884-1920) – Nu couché (sur le côté gauche) (1917) – $157,159,000 – 14/05/2018 – Sotheby’s New York

2 Pablo PICASSO (1881-1973) – Fillette à la corbeille fleurie (1905 ) – $115,000,000 – 08/05/2018 – Christie’s New York

3 Kasimir MALEVICH (1878-1935) – Suprematist Composition (1916) – $85,812,500 – 15/05/2018 – Christie’s New York

4 Claude MONET (1840-1926) – Nymphéas en fleur (c.1914-1917) – $84,687,500 – 08/05/2018 – Christie’s New York

5 Henri MATISSE (1869-1954) – Odalisque couchée aux magnolias (1923) – $80,750,000 – 08/05/2018 – Christie’s New York

6 Constantin BRANCUSI (1876-1957) – La jeune fille sophistiquée (1928) – $71,000,000 – 15/05/2018 – Christie’s New York

7 Pablo PICASSO (1881-1973) – Femme au béret et à la robe quadrillée (1937) – $68,702,214 – 28/02/2018 – Sotheby’s London

8 Pablo PICASSO (1881-1973) – La Dormeuse (1932) – $57,829,046 – 08/03/2018 – Phillips London

9 Francis BACON (1909-1992) – Study for Portrait (1977) – $49,812,500 – 17/05/2018 – Christie’s New York

10 Jean-Michel BASQUIAT (1960-1988) – Flexible (1984) – $45,315,000 – 17/05/2018 – Phillips New York

About Artprice:

Artprice is listed on the Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

Dicover Artprice in video: https://www.artprice.com/video

Artprice’s Contemporary Art Market Annual Report for 2017 – free access at: https://www.artprice.com/artprice-reports/the-contemporary-art-market-report-2017
Artprice’s press releases:

http://serveur.serveur.com/Press_Release/pressreleaseen.htm

https://twitter.com/artpricedotcom & https://twitter.com/artmarketdotcom

Artmarket News:

https://www.facebook.com/artpricedotcom & https://plus.google.com/+Artpricedotcom/post

Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos:

https://twitter.com/artmarketdotcom

The Contemporary Art Museum The Abode of Chaos on Facebook: https://www.facebook.com/la.demeure.du.chaos.theabodeofchaos999

Contact: ir@artprice.com

Catégories :2018, Art Market, Artprice, auction, Press Releases, stock market Étiquettes : "contemporary art", art market, artprice, Artprice: H1 2018 Global Art Market Report, auction, auctions, China, fine art, H1 2018, ModernArt, prc, Thierry Ehrmann, USA

thierry Ehrmann : Artprice et Artmarket ont gagné sur les réseaux sociaux avec +590% de croissance sur le 2S 2017/1S2018 et 2,3 millions d’abonnés

2018/06/25 tehrmann Commentaires fermés

Artprice avait pris l’engagement lors de son A.G. le 30 juin 2017 de prendre la 1e place en matière d’information sur le Marché de l’Art sur les réseaux sociaux où elle pesait 345 K d’abonnés. Pour réaliser cet objectif très ambitieux Artprice avec son entité Artmarket devaient conquérir plus d’un million d’abonnés à leurs publications sur la période 2S 2017/1S2018.

Pari réussi, en exactement 12 mois, au-delà de l’objectif avec 2,3 millions d’abonnés au 25 Juin 2018, avec 590% de croissance sur la période Juin 2017 / Juin 2018. Concernant l’Intranet chinois qui interdit les réseaux sociaux occidentaux, Artprice est cependant omniprésente en Chine avec son associé le groupe étatique chinois ARTRON / AMMA.

En effet de grands groupes internationaux cotés ont cru s’exonérer de la complexité des réseaux sociaux et subissent le retard fatal générant des préjudices économiques importants qui remettent en question leur position. Même avec un budget financier exceptionnel le retard accumulé ne peut pas être compensé du fait de l’architecture élaborée des réseaux sociaux. Certains groupes du S&P500 en sont des exemples probants.

Désormais l’empreinte sur les réseaux sociaux est l’un des paramètres primordiaux et vitaux pour qui veut préserver le capital entreprise et son avenir, avec bien évidemment, sa notoriété et visibilité à travers le Monde, ce qui est le cas d’Artprice en tant que Leader mondial de l’information sur le Marché de l’Art ainsi que sa Place de Marché Normalisée Artmarket.com .

C’est pour cette raison qu’Artprice a privilégié très tôt cet axe de communication, anticipant depuis longtemps le poids des réseaux sociaux dans son marketing, ses banques de données, ses équipes informatique et ses forces de ventes, forgeant chaque jour un peu plus son expérience dans les multiples réseaux sociaux pour générer des millions de nouveaux membres qualifiés pour les multiples abonnements payants à ses banques de données.

De plus, Artprice avait un budget limité qui lui a permis de sortir plus d’un million d’euros de résultat pour l’exercice 2017. Cette approche budgétaire est similaire pour 2018. C’est donc bien par la qualité de l’information unique au monde d’Artprice, sa notoriété et son ingéniosité informatique et humaine qui lui ont permis de gagner ce pari mondial avec un très faible budget passé en compte de charges.

Après la guerre sur les moteurs de recherches avec l’obtention de la pole position pour Artprice et Artmarket.com sur Google, il était nécessaire que la place de Leader mondial de l’information sur le Marché de l’Art se réplique sur les réseaux sociaux.

C’est chose faite, comme en atteste le bond de 590% de l’audience notamment sur le n°1 mondial Facebook, avec plus de 2,3 millions d’abonnés pour la page Artprice, ce qui la place parmi les pages les plus suivies au Monde. Pour information les pages de sociétés millionnaires en abonnés sur Facebook forment un club très restreint à l’échelle mondiale.

Sur Twitter, les tweets d’Artprice et d’Artmarket sont souvent retweetés ou likés par les acteurs les plus influents de la sphère mondiale du Marché de l’Art, ainsi que par les VIPs et Market Makers. Artistes, Musées, Galeries, Maisons de Ventes, Journalistes et Critiques d’Art etc. viennent, par leur engagement, propulser très positivement le nom d’Artprice sur leurs propres abonnés.

Atteindre de cette façon des millions d’amateurs, collectionneurs, professionnels de l’Art à travers le Monde économise un coût astronomique pour Artprice et renforce quotidiennement son empreinte numérique qui de plus est majorée par Google qui indexe uniquement les grands comptes certifiés des réseaux sociaux.

Les comptes Twitter certifiés Artprice et Artmarket ont selon les chiffres officiels Twitter dépassé 360 millions d’impressions sur une année mobile. Artprice et Artmarket comptent parmi leurs abonnés près de 100% des acteurs du Marché de l’Art quel que soit le pays.

Parmi les multiples comptes prestigieux twitter certifiés qui ont interagi (RT/ likes) avec les comptes twitter d’Artprice ou d’Artmarket certifiés, on note pour exemple sur un sondage représentant 3% de l’ensemble de ces comptes prestigieux:

Musée du Louvre FR avec 1,41 million abonnés, LACMA USA 1,11 million abonnés, Christie’s worldwide 110k abonnés, Sotheby’s worldwide 102k abonnés, Sotheby’s Institute USA 12k abonnés, Phillips Auctions worldwide 40k abonnés, Bonhams Auctions worldwide 41k abonnés, Van Gogh Museum Hollande 1,66 million abonnés, Guggenheim Museum NY USA 3,62 millions d’abonnés, Paul Getty Museum LA USA 3,23 millions d’abonnés, Whitney Museum NY USA 1,09 million abonnés,

Museum of Fine arts Boston usa 384k abonnés, Heritage Auction USA 58k abonnés, Louvre Abu Dhabi UAE 47k abonnés, Musée d’Orsay FR 680k abonnés , MAXXI IT 202k abonnés, Queens Museum NY USA 160k abonnés, Frieze Fairs London 156 k abonnés, Mory Art Museum Japan 162k abonnés, Le Figaro FR 2,95 millions abonnés, Centre Pompidou FR 1,04 million abonnés, Musée Hermitage Russie 1,02 million abonnés, Guggenheim Museum Bilbao ES 365k abonnés, Biennale di Venezia IT 710k abonnés,

San Francisco MOMA USA 643k abonnés, Brooklyn Museum NY USA 695k abonnés, Asian Art Museum USA 302k abonnés, Château de Versailles FR 450k abonnés, Musée Rodin FR 30k abonnés, FIAC FR 33k abonnés, Artspace NY USA 217k abonnés, Ai Weiwei « worldwide » 372k abonnés, White Cube London UK 117k abonnés, MOCA Los Angeles USA 243k abonnés, Palazzo Grassi IT 29k abonnés, Gagosian worldwide 398k abonnés, Serpentine Galleries UK 150k abonnés,

Fondation Louis Vuitton FR 30k abonnés, Drouot FR 9k abonnés, Artcurial FR 10k abonnés, Musée d’Art Contemporain de Montréal CA 38k abonnés CA, Arte FR/DE 1,14 million abonnés, Mucem FR 19k abonnés, The Art Newspaper worldwide 379k abonnés, Jeu de Paume FR 63k abonnés, Pace Gallery worldwide 133k abonnés, Musée des beaux-arts du Canada CA 17k abonnés, Albertina Museum Autriche 16k abonnés,

Memorial Art Gallery USA 35k abonnés, Nelson Atkins Museum 47k USA abonnés, Le Grand Palais FR 798k abonnés, Palais de Tokyo FR 515k abonnés, Jerry Saltz critique NY USA (Prix Pulitzer) 511k abonnés, Fondation Cartier FR 71k abonnés, Kelly Crow (WSJ) USA 26k abonnés, Valérie Duponchelle FR Critique Le Figaro 9k abonnés, Judith Benhamou-Huet Critique et Curatrice 5k abonnés, La Villette FR 15k abonnés, Petit Palais FR 64k abonnés, Biennale of Sydney AUS 25k abonnés, Rockefeller Center NY USA 69k abonnés, Roberta Smith USA Critique NYT 39k abonnés, Musée du Luxembourg FR 49k abonnés …

L’interaction de ces comptes prestigieux constitue bien une recommandation et une adhésion très longue à conquérir car leurs auteurs en sont très peu coutumiers voire pas du tout.

Au-delà de ses recommandations prestigieuses qui n’ont pas de prix et qui n’existent pas dans le monde du marketing, ce sont bien des dizaines de millions de nouveaux clients influents à haut pouvoir d’achat sur la Marché de l’Art qu’Artprice et Artmarket peuvent saisir.

A propos d’Artprice :

Artprice est cotée sur Eurolist by Euronext Paris, SRD long only et Euroclear : 7478 – Bloomberg : PRC – Reuters : ARTF.
Découvrir Artprice en vidéo : https://fr.artprice.com/video
Artprice est le Leader mondial des banques de données sur la cotation et les indices de l’Art avec plus de 30 millions d’indices et résultats de ventes couvrant plus de 700 000 Artistes. Artprice Images® permet un accès illimité au plus grand fonds du Marché de l’Art au monde, bibliothèque constituée de 126 millions d’images ou gravures d’oeuvres d’Art de 1700 à nos jours commentées par ses historiens.
Artprice enrichit en permanence ses banques de données en provenance de 6300 Maisons de Ventes et publie en continu les tendances du Marché de l’Art pour les principales agences et 7200 titres de presse dans le monde. Artprice met à la disposition de ses 4,5 millions de membres (members log in), les annonces déposées par ses Membres, qui constituent désormais la première Place de Marché Normalisée® mondiale pour acheter et vendre des oeuvres d’Art à prix fixe ou aux enchères (enchères réglementées par les alinéas 2 et 3 de l’article L 321.3 du code du commerce). Artprice labellisée par le BPI développe son projet de Blockchain sur le Marché de l’Art.
Le Rapport Annuel Artprice du Marché de l’Art mondial 2017 publié en mars 2018 :
https://fr.artprice.com/artprice-reports/le-marche-de-lart-en-2017
Le rapport du Marché de l’Art Contemporain 2017 d’Artprice :
https://fr.artprice.com/artprice-reports/le-marche-de-lart-contemporain-2017
Sommaire des communiqués d’Artprice :
http://serveur.serveur.com/press_release/pressreleasefr.htm
https://twitter.com/artpricedotcom
Suivre en temps réel toute l’actualité du Marché de l’Art avec Artprice sur Facebook, Google+ Twitter :
https://www.facebook.com/artpricedotcom 2,3 millions d’abonnés
https://twitter.com/artpricedotcom

https://artmarketinsight.wordpress.com/

Découvrir l’alchimie et l’univers d’Artprice http://web.artprice.com/video dont le siège social est le célèbre Musée d’art contemporain Abode of Chaos / Demeure du Chaos 2,7 millions d’abonnés : http://goo.gl/zJssd https://vimeo.com/124643720
Musée d’Art Contemporain siège social d’Artprice :
https://www.facebook.com/la.demeure.du.chaos.theabodeofchaos999

Catégories :2018, Art Market, Artprice, auction, Börse, bourse, Press Releases, stock market, thierry ehrmann Étiquettes : "contemporary art", "Saint Romain au Mont d'or", "Salamander Spirit", $PRC, 999, Ai Weiwei, Albertina Museum Autriche, Alchimie, Artcurial, Arte FR/DE, artprice, Artspace NY USA, Asian Art Museum, Biennale di Venezia, Biennale of Sydney, Bonhams Auctions worldwide, Brooklyn Museum NY USA, Centre Pompidou, Château de Versailles, Christie's worldwide, Drouot, ehrmann, facebook, Fiac, Fondation Cartier, Fondation Louis Vuitton, Frieze Fairs, Gagosian, Google, groupe Serveur, Guggenheim Museum Bilbao, Guggenheim Museum NY USA, Heritage Auction, Jerry Saltz critique NY USA (Prix Pulitzer), Jeu de Paume FR, Judith Benhamou-Huet Critique et Curatrice, Kelly Crow (WSJ), La Villette FR, LACMA USA, le figaro, Le Grand Palais, Louvre Abu Dhabi, MAXXI IT, Memorial Art Gallery, MOCA Los Angeles, Mory Art Museum, Mucem, Musée d'Art Contemporain de Montréal, Musée d’Orsay, Musée des beaux-arts du Canada, Musée du Louvre, Musée du Luxembourg, Musée Hermitage, Musée Rodin, Museum of Fine arts Boston, Nelson Atkins Museum, Pace Gallery worldwide, Palais de Tokyo, Palazzo Grassi, Paul Getty Museum LA USA, Petit Palais, Phillips Auctions worldwide, prc, Queens Museum NY, Roberta Smith, Rockefeller Center, San Francisco MOMA, Serpentine Galleries, Sotheby's worldwide, Sotheby’s Institute USA, The Art Newspaper worldwide, Thierry Ehrmann, twitter, Valérie Duponchelle FR Critique Le Figaro, Van Gogh Museum Hollande, White Cube London, Whitney Museum NY USA

Artprice launches its “blue-chip” Art Market index, Artprice100®, designed for financiers and investors

2018/01/31 tehrmann Commentaires fermés

Artprice’s Global Index® shows an average value increase for artworks of +30% since the index was started 20 years ago. Although this is an appreciable performance particularly at a time when central banks’ interest rates are close to zero in the United States (FED) and negative in Europe (ECB), if we focus uniquely on the most stable segment of the market, we find a much more impressive value accretion.

Thierry Ehrmann, founder and CEO of Artprice, said “Artprice’s econometrics department has created a new index that ignores the most volatile artists (those most subject to the price impact of fashion and speculation) and focuses exclusively on the art market’s “blue-chip” artists. This new index, Artprice100®, shows that art is an extremely competitive financial investment over the longer term.”

Artprice’s new Artprice100® scientific index is subject to IPR protection and represents a major new weapon in Artprice’s commercial arsenal as World Leader in Art Market Information.

PRINCIPLE

The objective of Artprice’s new Artprice100® index is to monitor and quantify the art market’s value accretion by focusing on its most stable elements. This new scientific index is a new tool in Artprice’s panoply of proprietary decision-support tools. In effect, the Artprice100® index represents an unavoidable new benchmark in a financial world constantly searching for new investment opportunities in efficient markets.

The creation of the Artprice100® index is a response to a recurring demand from Artprice’s financial and banking institution customers, particularly in the Private Banking segment, who need a reliable and durable benchmark that does not require specialist knowledge of the Art Market from its user.

With the Artprice100®, the Art Market – universally considered an alternative to traditional financial investments – now has a benchmark comparable to the world’s major stock indices like the S&P 500, the FTSE 100, the CAC 40, the DAX and the NIKKEI 225. It is composed using the same general principles for the construction of these indices: it focuses on the Art Market’s fundamental artists and takes into account their relative weight and importance.

COMPOSITION

The composition of the Artprice100® is adjusted by a scientific committee every 1st January to reflect the evolution of the Art Market. The index essentially identifies the 100 top-performing artists at auction over the previous five years who satisfy a key liquidity criterion (at least ten works of comparable quality sold each year). The weight of each artist is proportional to his/her annual auction turnover over the relevant period.

Thus, starting from 1 January 2000 – the Artprice100®’s reference year – an investment is made on the 100 artists whose auction results are the most regular (constant) and the highest (in turnover terms) during the previous five years (i.e. 1995, 1996, 1997, 1998 and 1999). The relative weight of each of the 100 artists is detailed in Appendix 1.

The composition of the index does not change during the year. Therefore, the overall value of the Artprice100® evolves according to the individual average performances of each artist in the portfolio, adjusted according to his or her weight within the portfolio.

FINANCIAL PERFORMANCES

In 2000, the value of the Artprice100® increased by 10.9%. Thus, for an initial investment of $100, the value of this portfolio already reached $110.9 by the end of 2000.

The contribution of each artist to this result provides additional information. For example, in 2000, the artist Pablo Picasso had a 16% weighting in the portfolio. During that year, his auction performance contracted by 9%. Therefore, the initial $16 invested in Pablo Picasso (16% of $100) was valued, at 31 December 2000, at $14.6.

Fortunately, the portfolio’s diversification helped offset Pablo Picasso’s negative performance in 2000. So, for example, that year saw strong positive performances for Robert Rauschenberg (+59%), Antoni Tapies (+48%), René Magritte (+18%), allowing the Artprice100® index to post a quite remarkable performance for the portfolio as a whole.

Over the long term, the performance of the Artprice100® largely exceeds that of Artprice’s Global Index and of the US stock market, as represented by the S&P 500.

The Artprice100® index
Base 100 at 1 January 2000

Evolution de l’indice des prix Artprice100® Base 100 au premier janvier 2000

INDIVIDUAL PERFORMANCES

The Artprice100® index provides essential information since its very composition reflects the progressive evolution of the Art market. The artists included each year in the Top 100 are the market’s most important artists, weighted for their average performances over the previous five years.

This purely objective criterion allows identification of the most stable segment of the Art Market with a built-in evolution mechanism (annual adjustment). In fact, the new index relies on a huge mass of market information (Artprice’s Big Data) and eliminates possible blind spots that might escape the Index’s Scientific Council by analysing repeat sales and auction results from all over the planet. With its intranet connecting it with more than 6,300 Auction Houses, Artprice is the only organisation in the world that can process this data and produce an index based on a highly complex series of calculations.

The composition of the Artprice100® for the years 2000 and 2017 is provided in the Appendices. From 2016 to 2017, four artists joined the index and four left (as with stock indices):

Joiners (incoming): Agnes Martin, Francis Picabia, Barbara Hepworth, Michelangelo Pistoletto
Leavers (outgoing): Giorgio De Chirico, Alexej von Jawlensky, Paul Klee, Cindy Sherman

This gradual transformation of the 100 artists within the Artprice100® is striking over the long term. For example, in 2000, there was only one Chinese artist in this list (Zhang Daqian) compared with 18 in 2017.

CONCLUSION

Over 18 years, the Artprice100® grew by 360%, generating an average annual return of 8.9%. This revolutionary approach to investment in the Art Market allows the financial and investment community to apprehend the Art Market via the art of “index management”, a possibility that was hitherto non-existent. This average annual return of 8.9% represents the profitability of the art market’s most stable segment.

It proves once again that a relatively well-diversified art portfolio, constructed on the basis of a simple and non-aggressive acquisition strategy, has a genuine economic raison d’être, quite apart from the non-pecuniary benefits of collecting art.

Over the last 20 years, the art market has massively increased in liquidity and has grown to now be widely appreciated as a genuinely efficient market to which Artprice – as world leader – has substantially contributed.

Via its contacts in the financial sphere, Artprice aims to get its Artprice100® index and derivative products rapidly included in the standard financial newsflow packages used in trading rooms around the world.

Appendix 1
Composition of the Artprice100® in 2000
Rank – Artist – Weight

1 – Pablo PICASSO – 16.1%
2 – Claude MONET – 7.8%
3 – Paul CÉZANNE – 5.3%
4 – Pierre-Auguste RENOIR – 4.7%
5 – Edgar DEGAS – 3.9%
6 – Henri MATISSE – 2.9%
7 – Marc CHAGALL – 2.8%
8 – Amedeo MODIGLIANI – 2.8%
9 – Andy WARHOL – 2.2%
10 – Joan MIRO – 2.0%
11 – Camille PISSARRO – 1.7%
12 – Fernand LÉGER – 1.7%
13 – René MAGRITTE – 1.6%
14 – Henry MOORE – 1.4%
15 – Alberto GIACOMETTI – 1.3%
16 – Auguste RODIN – 1.2%
17 – Georges BRAQUE – 1.1%
18 – Pierre BONNARD – 1.1%
19 – Jean DUBUFFET – 1.1%
20 – Kees VAN DONGEN – 1.0%
21 – Paul GAUGUIN – 1.0%
22 – Jasper JOHNS – 1.0%
23 – Wassily KANDINSKY – 1.0%
24 – Paul KLEE – 0.9%
25 – Alexander CALDER – 0.9%
26 – Alfred James MUNNINGS – 0.9%
27 – Alfred SISLEY – 0.9%
28 – Maurice DE VLAMINCK – 0.9%
29 – Gerhard RICHTER – 0.8%
30 – Édouard VUILLARD – 0.8%
31 – Willem DE KOONING – 0.8%
32 – Jean-Michel BASQUIAT – 0.8%
33 – Emil NOLDE – 0.8%
34 – Roy LICHTENSTEIN – 0.8%
35 – Giorgio MORANDI – 0.8%
36 – Egon SCHIELE – 0.7%
37 – Pieter II BRUEGHEL – 0.7%
38 – Salvador DALI – 0.7%
39 – Lucio FONTANA – 0.7%
40 – Juan GRIS – 0.6%
41 – Giorgio DE CHIRICO – 0.6%
42 – Ernst Ludwig KIRCHNER – 0.6%
43 – Maurice UTRILLO – 0.6%
44 – Raoul DUFY – 0.6%
45 – Eugène BOUDIN – 0.6%
46 – Camille Jean-Baptiste COROT – 0.5%
47 – Paul SIGNAC – 0.5%
48 – Edvard MUNCH – 0.5%
49 – Francis BACON – 0.5%
50 – Rufino TAMAYO – 0.5%
51 – Alexej VON JAWLENSKY – 0.5%
52 – Cy TWOMBLY – 0.4%
53 – Wifredo LAM – 0.4%
54 – Diego GIACOMETTI – 0.4%
55 – Laurence Stephen LOWRY – 0.4%
56 – Piet MONDRIAAN – 0.4%
57 – Marino MARINI – 0.4%
58 – Jack Butler YEATS – 0.4%
59 – Max ERNST – 0.4%
60 – Odilon REDON – 0.4%
61 – Albert MARQUET – 0.4%
62 – Georges ROUAULT – 0.4%
63 – Franz MARC – 0.4%
64 – Sam FRANCIS – 0.3%
65 – Fernando BOTERO – 0.3%
66 – Robert RAUSCHENBERG – 0.3%
67 – Richard DIEBENKORN – 0.3%
68 – Hermann Max PECHSTEIN – 0.3%
69 – Bernard BUFFET – 0.3%
70 – Henri-Théodore FANTIN-LATOUR – 0.3%
71 – Diego RIVERA – 0.3%
72 – Roberto MATTA – 0.3%
73 – Karel APPEL – 0.3%
74 – Georg BASELITZ – 0.3%
75 – Frank STELLA – 0.3%
76 – Serge POLIAKOFF – 0.3%
77 – Moïse KISLING – 0.3%
78 – MAN RAY – 0.3%
79 – Yves KLEIN – 0.3%
80 – ZHANG Daqian – 0.3%
81 – Asger JORN – 0.3%
82 – Gino SEVERINI – 0.3%
83 – John LAVERY – 0.3%
84 – Anders Leonard ZORN – 0.2%
85 – Aristide MAILLOL – 0.2%
86 – Lyonel FEININGER – 0.2%
87 – Erich HECKEL – 0.2%
88 – Max BECKMANN – 0.2%
89 – Sigmar POLKE – 0.2%
90 – Marie LAURENCIN – 0.2%
91 – Henri MARTIN – 0.2%
92 – Henri LE SIDANER – 0.2%
93 – Otto DIX – 0.2%
94 – Louis VALTAT – 0.2%
95 – Gustave LOISEAU – 0.2%
96 – Antoni TAPIES – 0.2%
97 – Jean FAUTRIER – 0.2%
98 – Adrien Jean LE MAYEUR DE MERPRES – 0.2%
99 – Massimo CAMPIGLI – 0.2%
100 – David HOCKNEY – 0.2%

Appendix 2
Composition of the Artprice100® in 2017

Rank – Artist – Weight

1 – Pablo PICASSO – 6.8%
2 – Andy WARHOL – 6.8%
3 – ZHANG Daqian – 4.4%
4 – QI Baishi – 3.8%
5 – Gerhard RICHTER – 3.7%
6 – Claude MONET – 3.4%
7 – Francis BACON – 3.3%
8 – Jean-Michel BASQUIAT – 2.9%
9 – Roy LICHTENSTEIN – 2.2%
10 – Alberto GIACOMETTI – 2.1%
11 – FU Baoshi – 2.0%
12 – Cy TWOMBLY – 1.9%
13 – ZAO Wou-Ki – 1.8%
14 – Amedeo MODIGLIANI – 1.8%
15 – XU Beihong – 1.8%
16 – Alexander CALDER – 1.8%
17 – LI Keran – 1.8%
18 – Lucio FONTANA – 1.7%
19 – Joan MIRO – 1.7%
20 – WU Guanzhong – 1.7%
21 – Willem DE KOONING – 1.6%
22 – HUANG Zhou – 1.5%
23 – Marc CHAGALL – 1.4%
24 – HUANG Binhong – 1.3%
25 – LU Yanshao – 1.3%
26 – Jeff KOONS – 1.3%
27 – Christopher WOOL – 1.2%
28 – LIN Fengmian – 1.0%
29 – CHU Teh-Chun – 1.0%
30 – Yves KLEIN – 0.9%
31 – Henri MATISSE – 0.9%
32 – Fernand LÉGER – 0.9%
33 – René MAGRITTE – 0.9%
34 – Henry MOORE – 0.9%
35 – Jean DUBUFFET – 0.9%
36 – Wassily KANDINSKY – 0.8%
37 – PAN Tianshou – 0.8%
38 – Edvard MUNCH – 0.8%
39 – Pierre-Auguste RENOIR – 0.8%
40 – Paul CÉZANNE – 0.7%
41 – SAN Yu – 0.7%
42 – Yayoi KUSAMA – 0.7%
43 – Peter DOIG – 0.6%
44 – PU Ru – 0.6%
45 – Edgar DEGAS – 0.6%
46 – Auguste RODIN – 0.6%
47 – Richard PRINCE – 0.6%
48 – Joan MITCHELL – 0.6%
49 – Sigmar POLKE – 0.5%
50 – Camille PISSARRO – 0.5%
51 – Paul GAUGUIN – 0.5%
52 – Salvador DALI – 0.5%
53 – Martin KIPPENBERGER – 0.4%
54 – Ed RUSCHA – 0.4%
55 – DONG Qichang – 0.4%
56 – Paul SIGNAC – 0.4%
57 – Piet MONDRIAAN – 0.4%
58 – Egon SCHIELE – 0.4%
59 – Alberto BURRI – 0.4%
60 – Richard DIEBENKORN – 0.4%
61 – Georges BRAQUE – 0.4%
62 – Juan GRIS – 0.4%
63 – WEN Zhengming – 0.4%
64 – Damien HIRST – 0.4%
65 – Pieter II BRUEGHEL – 0.4%
66 – Donald JUDD – 0.3%
67 – Louise BOURGEOIS – 0.3%
68 – Keith HARING – 0.3%
69 – Piero MANZONI – 0.3%
70 – Alfred SISLEY – 0.3%
71 – David HOCKNEY – 0.3%
72 – Max ERNST – 0.3%
73 – CHEN Yifei – 0.3%
74 – Ernst Ludwig KIRCHNER – 0.3%
75 – Frank STELLA – 0.3%
76 – Sam FRANCIS – 0.3%
77 – Pierre BONNARD – 0.3%
78 – Alighiero BOETTI – 0.3%
79 – Kees VAN DONGEN – 0.3%
80 – Jasper JOHNS – 0.3%
81 – Pierre SOULAGES – 0.3%
82 – Bernard BUFFET – 0.3%
83 – Fernando BOTERO – 0.3%
84 – Laurence Stephen LOWRY – 0.3%
85 – Agnes MARTIN – 0.3%
86 – Enrico CASTELLANI – 0.3%
87 – Robert RAUSCHENBERG – 0.3%
88 – Morton Wayne THIEBAUD – 0.3%
89 – Nicolas DE STAËL – 0.3%
90 – Francis PICABIA – 0.2%
91 – Barbara HEPWORTH – 0.2%
92 – Anselm KIEFER – 0.2%
93 – GUAN Liang – 0.2%
94 – YU Fei’an – 0.2%
95 – Emil NOLDE – 0.2%
96 – Maurice DE VLAMINCK – 0.2%
97 – Georg BASELITZ – 0.2%
98 – Tom WESSELMANN – 0.2%
99 – Anish KAPOOR – 0.2%
100 – Michelangelo PISTOLETTO – 0.2%

About Artprice:

Artprice celebrates its 20th birthday, editorial by thierry Ehrmann, founder and CEO of Artprice. https://www.actusnews.com/fr/ARTPRICE/cp/2017/10/04/artprice-celebrates-its-20th-birthday-editorial-by-thierry-ehrmann-founder-and-ceo-of-artprice

https://artmarketinsight.wordpress.com/category/artprice-is-20-today/

Artprice is listed on the Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

Dicover Artprice in video: https://www.artprice.com/video

Artprice’s Global Art Market Annual Report for 2016 published last March 2017: http://imgpublic.artprice.com/pdf/rama2016_en.pdf

Artprice’s Contemporary Art Market Annual Report for 2016 – free access at https://www.artprice.com/artprice-reports/the-art-market-in-2016

The text presented hereafter is a translation of Arte Creative’s online presentation: ARTE: A gigantic Christmas tree in the guise of a butt plug, a machine that defecates five-star meals, an icon immersed in urine and staged corpses – subversive, trash, provocative or insulting? Thierry Ehrmann, the man behind The Abode of Chaos dixit « The New York Times », an artist and the founder of Artprice, is the mouthpiece for scandal and discloses the workings of the most striking controversies in contemporary art. And scandal sells. 9 episodes are online: http://www.arte.tv/guide/en/weekly-highlight

Artprice’s press releases: http://serveur.serveur.com/Press_Release/pressreleaseen.htm and https://twitter.com/artpricedotcom

Artmarket News:

https://twitter.com/artpricedotcom & https://twitter.com/artmarketdotcom

https://www.facebook.com/artpricedotcom & https://plus.google.com/+Artpricedotcom/posts

https://www.actusnews.com/fr/ARTPRICE/cp/2017/11/19/artprice-the-auction-record-for-salvator-mundi-by-leonardo-da-vinci-proves-that-the-museum-industry-reg-is-completely

Discover the Alchemy and the universe of Artprice http://web.artprice.com/video, which headquarters are the famous Museum of Contemporary Art, the Abode of Chaos http://goo.gl/zJssd
https://vimeo.com/124643720

The Contemporary Art Museum The Abode of Chaos on Facebook: https://www.facebook.com/la.demeure.du.chaos.theabodeofchaos999

The Abode of Chaos/Demeure du Chaos Contemporary Art Museum by thierry Ehrmann,author, sculptor, artist, photograph https://www.flickr.com/photos/home_of_chaos/sets/72157

Contact ir@artprice.com

Catégories :2018, Art Market, Artprice, auction, stock market, thierry ehrmann Étiquettes : art market, Art Market index, artprice100, auction, blue-chip, DOW JONES, NASDAQ, prc, Thierry Ehrmann, WORLD LEADER IN ART MARKET INFORMATION

Leonardo da Vinci’s Salvator Mundi to be exhibited at the Louvre Museum alongside the Mona Lisa is evidence the Museum Industry(R) economy conceptualized by Artprice is a reality

2017/11/30 tehrmann Commentaires fermés

Artprice had given the price for Leonardo da Vinci’s Salvator Mundi 3 months in advance (AOF press agency) and has explained it in its different releases including the following:

Leonardo da Vinci, Salvator Mundi

Artprice also explained in a interview with French newspaper JDD that the Museum Industry® economy (conceptualized by Artprice since 2005) is the foundation of the construction of this record price, which could only be understood through the Art Market’s paradigm shift of which she has become the main driving force.

thierry Ehrmann: « The absolute proof has been given this morning when Jean-Luc Martinez, President-Director of the Louvre museum, in an interview with RTL radio, stated that exhibiting the Salvator Mundi alongside the Mona Lisa in the context of a Leonardo da Vinci exhibition for the celebration of the Grand Louvre’s 30th Anniversary was under negotiation. The AFP dispatch, released a few minutes ago, also reported the capital information through its international news feed.

That is the heart of the Museum Industry®’s business model, that sees such an exhibition have an exponential impact on the growth of the Louvre’s ticket sales.

Also, no one will dare doubt the statement of a senior official at the French Ministry of Culture.

The new economic science – taught by Artprice – is relentlessly pushing prices up. Our conviction about the evolution of the art market started with a simple observation: the exponential nature of art museum openings around the world. In 2014 an Artprice meta-study revealed that more art museums opened between January 2000 and December 2014 than during the entire 19th and 20th centuries.

It also revealed that roughly 700 new art museums are being built every year on 5 continents, each with international vocations and each with at least 4,500 artworks.

This massive expansion of the global museum industry® goes hand-in-hand with a major soft-power competition between the world’s nations, particularly its major powers (China / US) and the Gulf States. Indeed, soft-power rivalry is leading the art market inexorably towards spectacular new auction results. In our well-documented view, we are likely to see results around the billion dollar threshold by 2020.”

Indeed, thanks to its direct Intranet link to major Auction Houses, Artprice is aware of plans for prestige sales in the near future. According to our econometrics department and our Big Data algorithms, we can already predict that several sales will generate results in excess of one billion dollars, notably Christie’s sale of the David and Peggy Rockefeller collection next May in New York.

The Art Market, as reported by Artprice in its reports and the present release, is recording one record after the other for all periods – Old Master, Modern Art & Contemporary Art. To name a few: Kerry James Marshall – Still Life with Wedding Portrait – Christie’s NY 15 Nov. 2017; Carmen HERRERA – Untitled (Orange and Black) (1956) – Phillips NY 16 Nov. 2017; this week, the record for Camille Claudel was shattered at Artcurial, with the preemption of many museums, precisely.

Also, The New York Times agreed with Artprice’s analysis on the Museum Industry®.

www.artprice.com Copyright thierry Ehrmann 1987/2017

About Artprice:

Artprice is listed on the Eurolist by Euronext Paris, SRD long only and Euroclear: 7478 – Bloomberg: PRC – Reuters: ARTF.

Artprice’s Global Art Market Annual Report for 2016 published last March 2017: http://imgpublic.artprice.com/pdf/rama2016_en.pdf

Artprice’s Contemporary Art Market Annual Report for 2016 – free access at https://www.artprice.com/artprice-reports/the-art-market-in-2016

Artprice’s press releases: http://serveur.serveur.com/Press_Release/pressreleaseen.htm and https://twitter.com/artpricedotcom

News Artmarket:

http://twitter.com/artpricedotcom https://www.facebook.com/artpricedotcom

https://www.facebook.com/artpricedotcom

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