Arte e Cultura
Artmarket.com: France's place on the global art market six months after Brexit
According to thierry Ehrmann, President and Founder of Artmarket.com and its Artprice department: "
To date, Brexit therefore does not appear to have benefited France .
In 2021 it looks like the Anglo-Saxon giants are still reigning over the French fine art auction market. Sotheby's is currently twice as productive as its rival, but Christie's will be closing out the first semester of the year with a prestige sale of 20th / 21st Century Art ( 30 June 2021 ). In market share terms, France's national auction operators are still substantially behind; Artcurial with 5% and Cornette de Saint-Cyr with just 3% are struggling to compete.
That said, the Anglo-Saxon auction houses in Paris do not have a monopoly on the high-end market. Cornette de Saint Cyr generated France's second best result of H1 2021 when it hammered $7 million for Wu Guanzhong's painting 1987). As regards Zao-Wou-ki, two works are among the Top-5 results of the year (in France ). Unfortunately, many of his works are subsequently taken to Asia .
1. Vincent VAN GOGH (1853-1890), (1887)
$15,414,600 - Sotheby's & Mirabaud-Mercier,
Paris - 25/03/2021
2. WU Guanzhong (1919-2010), (1987)
$6,866,900 - Cornette de Saint Cyr ,
Paris - 14/04/2021
3. ZAO Wou-Ki (1921-2013), (1953)
$5,352,400 - Sotheby's ,
Paris - 03/06/2021
4. ZAO Wou-Ki (1921-2013), (1956)
$4,725,800 - Sotheby's,
Paris - 03/06/2021
5. Gustave CAILLEBOTTE (1848-1894), (c.1890)
$4,242,300 - Christie's,
Paris - 30/03/2021
The symbolic threshold of $10 million has only been crossed once in 2021 in Paris , compared with 11 times in London .
Phillips, which has offices in Paris , chooses to operate without an auction room. It continues to favor
New York , London and, since 2016, (for fine art)
Hong Kong .
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