2019 Art Market Predictions: Van Gogh, Hockney, and Gender Equality
On February 27, 2019, Christie's will auction a Vincent van Gogh portrait titled 'Portrait de femme: buste, profil gauche', created between 1885 and 1886, with an estimated value of £8-10 million. This piece has not been available for purchase since 1945. In January 2019, Julian Schnabel's film 'At Eternity's Gate', featuring Willem Dafoe, is set to premiere; Dafoe received the Best Actor award at the 75th Venice International Film Festival. Additionally, Christie's plans to sell David Hockney's 'Henry Geldzahler and Christopher Scott' (1969) in March 2019, with an estimate exceeding £30 million. The art market is increasingly shaped by finance and technology, while progress in gender equality is highlighted by the Dia Art Foundation's acquisition of Nancy Holt's 'Sun Tunnels' and Kaywin Feldman's upcoming directorship at the National Gallery of Washington in March 2019.
Key facts
- Van Gogh's 'Portrait de femme: buste, profil gauche' (1885-1886) to be auctioned by Christie's on February 27, 2019, estimated £8-10 million.
- Film 'At Eternity's Gate' by Julian Schnabel about van Gogh, starring Willem Dafoe, releases January 2019; Dafoe won Best Actor at Venice Film Festival.
- David Hockney's 'Henry Geldzahler and Christopher Scott' (1969) offered by Christie's London in March 2019, estimate over £30 million, from Ebsworth Collection.
- Third-party guarantees and blockchain technology (Christie's with Artory) are increasing in art market.
- Online art sales grew 10% in 2017 vs 2016 and 72% over five years.
- African American artists like Kerry James Marshall, Mark Bradford, Sam Gilliam, Amy Sherald, Lynette Yiadom-Boakye gaining market and institutional recognition.
- Baltimore Museum of Art sold blue-chip works by white male artists to acquire works by women of color.
- Dia Art Foundation acquired Nancy Holt's 'Sun Tunnels' (1973-76), first Land Art by a woman in its collection.
- Kaywin Feldman appointed director of National Gallery of Washington, first woman to lead the museum, starting March 2019.
Entities
Artists
- Vincent van Gogh
- Claude Monet
- Pierre-Auguste Renoir
- Paul Cézanne
- Pierre Bonnard
- Henri Matisse
- Julian Schnabel
- Willem Dafoe
- David Hockney
- Henry Geldzahler
- Christopher Scott
- Barney A. Ebsworth
- Amedeo Modigliani
- Jean-Michel Basquiat
- Kerry James Marshall
- Mark Bradford
- Sam Gilliam
- Jack Whitten
- Henry Taylor
- Amy Sherald
- Lynette Yiadom-Boakye
- Nancy Holt
- Kaywin Feldman
Institutions
- Christie's
- Sotheby's
- Phillips
- Metropolitan Museum of Art
- Baltimore Museum of Art
- Dia Art Foundation
- National Gallery of Washington
- Minneapolis Institute of Art
- Artory
- ArtTactic
- Il Sole 24 Ore
- The Economist
- Art Basel
- UBS
- Artprice
- Holt/Smithson Foundation
- AfriCOBRA
- NABA
- Artribune
Locations
- Anversa
- Belgium
- Londra
- United Kingdom
- New York
- United States
- Great Basin Desert
- Utah
- Washington
- Venezia
- Italy