Artmarket.com: Women artists still only account for 8% of the art market! Artprice believes a major shift is about to occur

Artmarket.com

AsiaNet  89203

 

PARIS, April 27, 2021, /PRNewswire=KYODO JBN/--

 

Sotheby's is proposing to give greater market visibility to female artists by

organising an online session entitled (Women) artists, from 20 to 27 May 2021.

But some see this initiative as a form of discrimination. The initiative, which

claims to celebrate "contributions by women to art history across 400 years",

risks further consolidating the gender gap difference, or even worse, reducing

women's place in the Art History to a simple "contribution".

 

thierry Ehrmann, President and Founder of Artmarket.com and its Artprice

department says "The share of art auction turnover generated by female artists

has doubled in 20 years, from 4% to 8% of the global turnover. But it is still

far too low compared to the number of major female artists: Artemisia

Gentileschi, Frida Kahlo, Cindy Sherman… A sales session dedicated to the

female sex deserves, at the very least, a prestige evening sale!"

 

Artprice takes this opportunity to focus on four major artists who also happen

to be women.

 

Hilma Af Klint (1862-1944). The pioneer of abstract art

 

While no "abstract" work by Hilma Af Klint has ever been sold at auction (for

the good reason that they all belong to her foundation), this artist

foreshadowed the fundamental role of women in one of the key movements of the

20th century, many of whom went on to generate remarkable auction results:

 

Artist - Personal Record

Joan Mitchell: $16.6 million

Lee Krasner: $11.6 million

Helen Frankentalher: $7.9 million

Cecily Brown: $6.8 million

 

Yayoi Kusama (1929-). The market's most successful female artist

 

Without reaching the heights of Georgia O'Keeffe ($ 44.4 million) or Louise

Bourgeois ($32 million), the Japanese artist Yayoi Kusama is the most

successful female artist on the art market thanks to an abundant production

that changes hands all over the world. With 617 lots sold at auction in 2020,

generating a total of $67 million, Kusama ranked 20th in Artprice's 2020

general ranking of artists by annual turnover (all creative periods combined)

ahead of Tamara de Lempicka (who came 33rd).

 

The very fact that the most successful female artist in history is a living

artist presages a fundamental change that is indeed being confirmed in more

recent generations.

 

Jenny Saville (1970-). The most sought after

 

With an average of approximately one show every two years (at the Gagosian

gallery) and one painting auctioned per year, Jenny Saville's market maintains

a form of rarity that perfectly suits her kind of art. Both classical and

brutal at the same time, her painting has been compared to that of Rubens or

Lucien Freud, but the English artist has created one of the most original

œuvres on the contemporary scene. In the past, Jenny Saville was associated

with the Young British Artists movement along with Tracey Emin, Sarah Lucas and

Rachel Whiteread.

 

Njideka Akunyili Crosby (1983-). The most promising

 

Her paintings caused a sensation in auctions held in 2017 and 2018, but then

subsequently disappeared from the secondary market. However, the young

Nigerian-born artist has never been so popular since then. Named in TIME

magazine's 2019 "100 Next" list as one of the most influential personalities on

the planet, she has also joined the prestigious David Zwirner Gallery, who has

joined forces with Victoria Miro to ensure that Crosby's success isn't derailed

by market over-enthusiasm.

 

Crosby is located at the center of a constellation of female artists under 50

and of African origin who are revolutionizing the portraiture genre, notably by

using collage techniques.

 

Images:

[https://imgpublic.artprice.com/img/wp/sites/11/2021/04/1-Artmarket-Frida-Kahlo-

La-Demeure-du-Chaos.png]

[https://imgpublic.artprice.com/img/wp/sites/11/2021/04/2-Artmarket-Artprice-eme

rgence-constellation-female-artists.png]

 

Copyright 1987-2021 thierry Ehrmann www.artprice.com - www.artmarket.com

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Artmarket and its Artprice department was founded in 1997 by its CEO, thierry

Ehrmann. Artmarket and its Artprice department is controlled by Groupe Serveur,

created in 1987.

 

See certified biography in Who's who (c):  

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yEhrmann.pdf

 

Artmarket is a global player in the Art Market with, among other structures,

its Artprice department, world leader in the accumulation, management and

exploitation of historical and current art market information in databanks

containing over 30 million indices and auction results, covering more than

770,000 artists.

 

Artprice Images(R) allows unlimited access to the largest Art Market image bank

in the world: no less than 180 million digital images of photographs or

engraved reproductions of artworks from 1700 to the present day, commented by

our art historians.

 

Artmarket with its Artprice department accumulates data on a permanent basis

from 6300 Auction Houses and produces key Art Market information for the main

press and media agencies (7,200 publications). Its 4.5 million 'members log in'

users have access to ads posted by other members, a network that today

represents the leading Global Standardized Marketplace(R) to buy and sell

artworks at a fixed or bid price (auctions regulated by paragraphs 2 and 3 of

Article L 321.3 of France's Commercial Code).

 

Artmarket with its Artprice department, has been awarded the State label

"Innovative Company" by the Public Investment Bank (BPI) (for the second time

in November 2018 for a new period of 3 years) which is supporting the company

in its project to consolidate its position as a global player in the market art.

 

Artprice by Artmarket's 2020 Global Art Market Report published in March 2021:  

https://www.artprice.com/artprice-reports/the-art-market-in-2020

 

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SOURCE: Artmarket.com

 

 

 

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