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Business Economy


Artprice looks at five "positive anomalies" on the Art Market in 2020

PARIS, Oct. 27, 2020 /PRNewswire/ -- Thanks to online sales, the major auction houses have found a way to continue to operate and countervail the Covid-19 health crisis. Lockdown forced them to activate the sudden and complete dematerialization of their most prestigious sales and their corresponding catalogs. This development – one that has been a long time coming in the art market – has allowed the bulk of secondary market fine art transactions to go ahead 'as normal', which in turn has substantially contributed to bolstering the confidence sellers need to consider consigning their works, and, a number of several quite remarkable performances have already been recorded.
thierry Ehrmann, President and Founder of Artprice: "Our econometrics department has identified five types of sales which illustrate the resilience of the art auction market. Each of these 'positive anomalies' must be placed in context in order to understand the indefatigable interest of buyers for these works and these artists in such difficult times".
Contact Artprice's Econometrics Department for all your questions relating to our statistics and our personalized studies: econometrics@artprice.com
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