Is the Old Masters market in terminal decline?
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Image caption: A winter landscape with figures by a frozen river in a village by Frans de Momper (1603-60) sold for a low estimate of $32,760 at Christie’s in October. […] Image courtesy: Christie’s Images Ltd. Article by Scott Reyburn. The Art Newspaper – December 7, 2022.
Last year, European Old Masters represented just 4% of the world’s $26.3bn art auction sales. In our contemporary-obsessed world, we’re just not paying them enough attention
We all know that Old Masters have fallen out of collecting fashion. The Prada-clad habitués of Frieze and Art Basel might regard them as irrelevant, but does the trade (or lack of it) in centuries-old pictures have something to tell us about the way art is consumed today? […]
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