According to a report published by two art market analysts, the spring 2024 auctions have had the worst financial performance of the current century. This season has seen a decline in prices and demand at auctions such as Christie’s, Sotheby’s, and Phillips. Analyses indicate that this downturn is a result of global economic factors and shifts in buyer preferences, which could...

The global art market is undergoing changes, and cities like New York, London, Paris, and Hong Kong have evolved as as major hubs for high-profile auctions over the past decade. These transformations are driven by economic, political, technological, and cultural factors, leading to the development of new approaches in art sales. Considering the impact of the COVID-19 pandemic and th...

This fall, Sotheby’s is showcasing several important private collections at the heart of its bi-annual 20th Century Art/Middle East sale. From pioneering modernist masters to groundbreaking contemporary artists, one of the binding principles guiding these female-led collections are passion, dedication and the connections and conversations incited by powerful works. It is rare to be...

Sotheby's 20th Century/Middle East Art Auction was held from 13-27 April 2023. 17 artworks of 8 Iranian artists were present in this auction. In this report, statistics such as the number of artists, the number of works sold, the nationality of the artists and hammered price are available. In this essay, graphs including growth rate and price range can also be seen.

In this article, Hafez Rouhani, author and art critic, examines the pathology of the impact of auctions on the creative nature of art and the path of artists' progress by examining the reaction of the art market and especially auctions to different scenarios of artistic creation. This article was published in the special issue of the 15th Tehran Art Auction in Janury 2022.