The art market: photography

Article Abstract:

There are few collectors of photographicworks of art in the UK compared with collectors of other types of art, but the market has grownsince 1970. Turnover at auctions in the US and the UK is some 15 million pounds sterlingannually, and a single Impressionist painting can sell for more than this figure. The index ofprices collated by the Photograph Collector showed a growth of 575% from 1970 and is dividedinto six sectors such as 19th century photographs. There was a peak in prices in 1990 with a900% rise on 1970.

Art Dealers, Auctioneers, Art Dealers, Photography

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Prices take a pounding but long-term index impresses

Article Abstract:

Art prices have remained at reasonably high levels, but they tend to fluctuate frequently. There are still mixed indications about price developments in the near future, but it is generally thought that a small recovery will start in spring 1995. The main determining factor will be the Japanese position in the market, with Japanese holders likely to sell into the rise and restrict the pace of the recovery.

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The art market: contemporary masters

Article Abstract:

Art is still being purchased for investment purposes, but many buyers are now prepared to pay large sums for contemporary art for status too. The main factor influencing the contemporary market is a lack of liquidity, with European museums being prevented by statute from selling works. The Contemporary Masters index is now 950% higher than its 1975 level in sterling terms.

Economic aspects, Art, Modern, Modern art

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