Pi-eX's Blog

The success of the Frieze 2021 evening sales at the top 3 auction houses reflects a shift in the art market. Collectors beware!

Posted by Pi-eX Research on 19th Oct 2021

This October, the 2021 London Frieze Contemporary Art Evening sales achieved their best performance ever since 2007. This was a welcome outcome for the London market, after years of deceleration am … read more

Historically not a major month for Fine art sales, August 2021 saw most of the revenue being generated by Jewellery auctions

Posted by Pi-eX Research on 15th Sep 2021

In August 2021, the Pi-eX AMI remained stable with a minor drop vs previous month (-0.13%), from US$9.95 billion in July 2021 to US$9.94 billion. The plateau of the Pi-eX AMI reflects the return to so … read more

July 2021 brings the return of the traditional summer break for public auctions

Posted by Pi-eX Research on 27th Aug 2021

July 2021 marked a return to the traditional summer break of the public auction market, after an unusually busy summer 2020 due to the pandemic.In July 2021, the Pi-eX AMI decreased 12.23% vs previous … read more

June 2021 marks the End of the Covid-19 "W-shaped" crisis at public auctions

Posted by Pi-eX Research on 2nd Aug 2021

June 2021 puts an end to the Covid-19 "W-shaped" crisis at public auctions and confirms the recovery, outperforming the June 2019 levels by 2.6%. As of end of June 2021, revenue from public auctions … read more

David Hockney: the becoming of a Market Maker

Posted by Pi-eX Research on 21st Jun 2021

On November, 15th 2018, Christie’s notoriously hammered Portrait with An Artist (Pool with two Figures) for $80m. At the time, the 1972 painting by British artist David Hockney broke the record of the … read more