The Haas Brothers: Ferngully at The Bass Dec. 5thNovember 10, 2018
DEC 6-9 | Art Basel Miami BeachNovember 13, 2018
Five key takeaways from Art Basel and UBS Global Art Market Report released in March.
2017 saw an estimated $63.7 billion in total sales across the global art market.
- Strongest gains seen at the ultra-premium end of the market, sparking concern over top-heavy growth
The biggest increases in both auction and dealer figures came at the very top of the market. At auction, 2017 saw a 125% increase insales value from the over $10 million bracket
- Online sales accelerate, but art fairs remain pivotal
- The online art market has seen a sizeable 72% increase over the past five years to reach an estimated $5.4 billion in 2017.
Want to read more? Download the report HERE.