Articles on Art Market

When will prices for Russian art rise?

— When will prices start to rise again in our painting market? — Is it good to sell paintings for today's money or is it better to keep it? — And how much time do you advise to wait? Any meaningful price forecast is an infernal regression model. Multifactorial and merciless. Nevertheless, some ideas, forecasts, expectations can be formulated at the level of practical experience of sales and own observations. Let's try in the question-answer mode.

After the epidemic. How the art industry will change by summer

The once hated symbols of social disconnection — smartphones, the Internet and social networks — in these tragic days turned out to be just saving technologies for many. Including for sellers, buyers and connoisseurs of art in quarantine. Online exhibitions, online lectures, online fairs, online auctions... The virus simply forcibly drove entire countries into the era of remote consumption that was despised until recently. Yes, imperfect. Yes, without “live communication” and “warm human contact”. But safe.

What to do in a crisis. ArtSale.info Auction tips

As they say, they waited. The closure of the flight. Oil at 33. The dollar at 75. Exchange panic. And “zeroing” in addition. Full house. But those who, after each crisis, asked, “Should we wait 5 years until it gets better?” once again received an eloquent answer to their question. What will happen to prices, sales, demand now? Rewrite price tags? Wait? To sell out? We at ArtSale.info think as follows.

“Viral” crisis — 2020. Consequences for the national art market

From Moscow to the long-suffering Chinese Wuhan — 6340 km. By early February, neighbors had more than 37,000 sick and more than 800 dead. This is only official. But time goes on, there are no reports about cases of the disease in Moscow. Therefore, the former semi-panicky sentiments began to be rapidly replaced by cap-hatters. “Knowing people” already make it clear that the epidemic is about to be taken under control, everything will end in March-April, and the effect of the virus on the Russian economy will be quite insignificant.

Transit 2020. Implications for the art market

The events of January 15, 2020 developed almost in the spirit of political activism. They were waiting for a routine dull event of the era of «stability». No desire to watch and listen. And here's the bang: the resignation of the Medvedev government, the ex-head of the tax service Mishustin at the premiere, while the changes to the Constitution are not clear. And all this already four years before the end of the presidential term.

What are the consequences for the long-suffering economy in general and the national art market in particular?

How to find out the price of a painting for free

You can do it. There are a set of steps. But for starters, let's eliminate the situation when it comes to works of unknown authorship, without signatures, as well as paintings by amateur artists, amateur copies and mass reproductions. All of them often cost symbolic money, 1,000-5,000 rubles. The age of the picture (old — not old) is also not a criterion for its price. So we take it as a condition that the name of the author of the evaluated work is known in advance and the picture is signed. Then the general procedure will be something like this:

Russian Art Market 2019. Not the worst year of the stagnation period

According to unofficial statistics, in 2019, sales of paintings, drawings and sculptures at auctions in Russia amounted to $9.9 million, which is 53% less than in the pre-crisis 2013. But 47% more than in 2018. How to interpret this result?