7 ways online auctions are shaping the art, antiques, and collectibles market

The First Art Newspaper on the Net    Established in 1996 Monday, May 27, 2024


7 ways online auctions are shaping the art, antiques, and collectibles market
A 1950s Ikea "Åke" sofa recently sold at auction for $3,700



NEW YORK, NY.- What is selling at auction? Not what you might expect.

“Never has the vintage, art and antiques market been so robust with a flood of new buyers,” explains Pontus Silfverstolpe, a founder of Barnebys.com, an international online service that helps people search for, compare, and buy items from dealers and auction houses around the world. “The burgeoning online art market is building new audiences of younger buyers seeking unique items at all price points.”

Status objects and – at the other end of the spectrum – a deep desire for nostalgia, dominate demand in the auction industry, explains Silfverstolpe, who points to interesting developments in the auction market:

1. Flat pack classics
The staple of dorm rooms and first apartments, it may be ironic that Ikea furniture is in demand at auction. A 1950s Ikea "Åke" sofa recently sold at auction for $3,700, while a set of Ikea’s Verner Panton chairs from 1994 sold for $2,875.

2. Cheers to wine, champagne and whiskey
Sparked by a new generation of digitally savvy collectors and a more global market, wine – and increasingly champagne and whiskey – are among the most sought after collectibles. In 2016, the U.S. ousted Great Britain as the market leader in the vintage wine and spirts category.

3. Out of Africa
A more open, accessible and global market is breaking down barriers and opening the market to all types of art from Africa, a continent with a rich and diverse art scene. Expect to see greater demand for Contemporary art, as well as sculptures, masks, furniture and more.

4. Diamonds—and pearls and emeralds—are a girls’ best friend
Vintage jewelry is a hot auction category. A little piece of luxury can be found in every price range. Barnebys.com shines a light on three iconic jewelry designs and how you can get the look at auction.

5. Driving desire
Buyers around the globe have been scooping up classic autos and motorcycles at auction. Buyers are seeking out, bidding on, and buying cars they love, from Ferraris to Cadillacs and motorcycles like Norton and Harley Davidson.

6. Time flies
Demand for vintage watches, the darlings of today’s auction market, continues to grow at a steady pace. Auction houses are expanding their watch offerings and feature a wide range of collectible timepieces at the high end, as well as the lower end of the market.

7. From mud to art
Ceramics are taking center stage in the auction market, as museum exhibits draw attention to the work of emerging and established artists. The sheer diversity of the ceramic arts – from bowling pins to fine Chinese ceramics and Picasso plates – makes it an interesting and popular category.










Today's News

June 1, 2017

Frick Collection opens "Divine Encounter: Rembrandt's Abraham and the Angels"

New US writers museum puts modern spin on literary history

Lévy Gorvy to represent Dan Colen

The Contemporary Austin transfers legacy art collection to the Blanton Museum of Art

7 ways online auctions are shaping the art, antiques, and collectibles market

Exhibition at Xavier Hufkens presents works spanning every stage of Robert Mapplethorpe's working life

Complete Marc Chagall portfolio to lead Bonhams Prints and Multiples Sale

Rare handscroll attributed to Song Dynasty master tops HK$10,000,000 at Bonhams Hong Kong

SFMOMA appoints Eungie Joo as the museum's first Curator of Contemporary Art

Meta Housing completes $32M arts-focused affordable apartment community

Nigerian sculptor Nnenna Okore exhibits at Jenkins Johnson Gallery

Museum of Fine Arts, Houston Campus redevelopment update: Kinder Building breaks ground

Nelson-Atkins' Bloch Building celebrates 10th anniversary

Berry Campbell exhibits nineteen recent paintings and works on paper by Mike Solomon

Solo exhibition of new works by Glasgow-based artist Sara Barker on view at The Approach

Nicole Eisenman presents a concise group of painted reliefs at Anton Kern Gallery

Fridman Gallery opens group exhibition curated by Gregory Volk

Phillips names Katherine Kerr Director of Top Client Program and Valuations Manager

The Birmingham Museum of Art announces new Curator of Education

Queensland Art Gallery / Gallery of Modern Art appoints Head of Asian and Pacific Art

Exhibition aims to observe the link we have with our own image and way it affects contemporary art

SinoTibetan Bronzes shine at Kaminski Auctions Summer Asian Antiques Auction

Almine Rech opens exhibition of works by Ha Chong-Hyun

Sri Lanka's leading artist Senaka Senanayake heads for London's Grosvenor Gallery




Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .

 



Founder:
Ignacio Villarreal
(1941 - 2019)
Editor & Publisher: Jose Villarreal
Art Director: Juan José Sepúlveda Ramírez

Royalville Communications, Inc
produces:

ignaciovillarreal.org juncodelavega.com facundocabral-elfinal.org
Founder's Site. Hommage
to a Mexican poet.
Hommage
       

The First Art Newspaper on the Net. The Best Versions Of Ave Maria Song Junco de la Vega Site Ignacio Villarreal Site
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.
Sending Mail
Sending Successful