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September 19, 2011 Leave a comment

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CHINA IS THE WINNER IN THE ART MARKET IN THE PAST DECADE!

 
 
China jumped from ninth place to first place in 2010, becoming the world’s largest auction marketplace for Fine Art, overtaking the United States and United Kingdom. In addition,  the dramatic evolution of the internet and its 2 billion and a half users have caused a speedy acceleration of online art sales. All this is reported by Artprice, the world leader of art market information. China not only played an important role in the global economic recovery, it also seized the limelight in cultural, art  and sports events. Expressing the pride of Chinese culture it took the global auction prices to new heights. And what I have commented about before — prices of Chinese artists have not only closed the gap but overtaken Western artists and art works. 
 
So it is no surprise that the Ullens Collection auctioned off at Sotheby’s Hong Kong on April 3, 2011 brought new record prices for contemporary Chinese art.

Where to Buy Art OnLine

 

1. VIP Art Fair is the first art fair to mobilize the collective force of the world’s leading contemporary art galleries. Its first art fair took place January 22-20, 2011 at http://www.vipartfair.com/. VIP Art  Fair will take place entirely online  with works from nearly 140 galleries. It aims to connect buyers, collectors, dealers and galleries with in-depth photos, comprehensive details on artworks and artists and with  live conversations with dealers.

2. 20×200  sells limited edition prints ranging from $ 20 to $ $ 5,000, at 20×200.com.

3. Art.sy is set to launch in spring and aims to match collectors with art based on their personal preferences. Website is not yet working.

4. Artnet restarted its online auction at artnet.com.