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  artnet.com Newsletterartnet Newsletter
  May 27, 2005                    |

The Economist
    Power at Last
  April 2nd, 2005 (excerpt)

"More than 90% of people aged between 18 and 54 told America’s Online Publishers Association in a survey that they would turn to the internet first for product information. The differences between the virtual and the bricks-and-mortar worlds do not worry consumers. But they should worry companies. Many consumers first encounter a firm through its website, and yet for too many firms, their online presence remains a low priority."

Are your artists easily accessible online? Are you reaching collectors effectively? Contact us for more information.

Hinky Pinky Prova
[The Panamarenko Gallery]


New Member Galleries
Adler & Co. Gallery
Atelier Sala d'art
Dellonix / Famiglia Angellino
Foster & Vail Fine Arts
The Greenwood Gallery
Debra Heimerdinger/Fine Art Photographs
Christian Hohmann - Fine Art
Kamakura Gallery
Leila Taghinia-Milani Heller Gallery
The Lowe Gallery
Galeria Manel Mayoral
Richard Moore Photographs
[The Panamarenko Gallery]
Peyton Wright Gallery
Photographs Do Not Bend Gallery
Richard Polsky Works of Art
Rollo Contemporary Art
Runyon Fine Arts
XL Gallery

  Sandro Chia
Resting Among Flying Colors
Tony Shafrazi Gallery




                       "Toward a new level of Price Transparency"


On the heels of a successful pilot project last fall season, Sotheby's and artnet have signed an agreement presaging a new level of price transparency for the art market.

Art buyers browsing select Sotheby's online catalogues will now be able to see "Sales histories" from artnet's illustrated Price Database.

Most lots in Sotheby's electronic catalogues for New York fine arts auctions will feature an artnet button linking directly to a compilation of selected sales results from past auctions for similar works by the same artist.

This free service is one more tool to help potential buyers make informed choices. "Helping our clients find this kind of information is vital, and we are very pleased to work with artnet to deliver this service." said William Ruprecht, Sotheby's CEO. Both companies stress that the service is only one tool. "An enormous number of factors contribute to value, and past auction results are an important part of the picture," Mr. Ruprecht continues. "Of course, our link to the artnet database is not intended to replace the expertise of an auction house specialist. Always call to speak about a work or its estimate before deciding whether or not to bid."

The relevant sales results have been selected by artnet for artist, medium, dimensions and subject matter. First-time users will be asked to register, then given a password to use the free service afterward.


10 Top Prices in April Auction


$ 2,088,000

$ 1,584,000

$ 1,584,000

$ 1,080,000
$ 1,001,600

$ 968,000

$ 867,200

$ 724,760

$ 710,400

$ 688,721


The 300 Most Popular Artists in April

1. Andy Warhol
2. Damien Hirst
3. Pablo Picasso
4. David Hockney
5. Jim Dine
... more

How does your artist rank? Please contact me at umuenker@artnet.com.

     Fotobild, Berlin June 9 - 12
     Liste, Basel June 14 - 19
     Art Basel 36, Basel June 15 - 20
     The Grosvenor House Art & Antiques Fair, London June 16 - 22

For questions, comments or ideas for our newsletter, please contact us at newsletter@artnet.com or via postal mail.

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