Artemundi’s Art Market Forecast 2017

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Claude Monet’s Grainstack

2016 year was a pivotal one for the art and auction world. Saatchi Gallery held its first all-female show in January. David Bowie’s death rendered him one of the most talked-about collectors of the year. The news of the Brexit vote in late June caught the world by surprise, and caused a rippling of concerns across stake-holding nations. The sale of Claude Monet’s Grainstack for $81.4 million in November underscored that even in an uncertain market, collectors will vie at the top level for superior quality. The following article presents an overview of some art market trends that Artemundi Group have identified to be forecasted in this year.

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