Opinion Columns

As headlines from the art world dominate news channels, it seems as though each sale sets a new record, each genre enjoys burgeoning popularity, and collectors act in unison across public auctions. However, the reality is that each region possesses its own narrative, culture, and idiosyncrasies, which significantly influence collectors' purchasing decisions, much like in the stock market. A new report from Morgan Stanley and Artnet , released in the first quarter of 2024, ca

Art market at large has not met the expectations of auction houses or galleries and could not be able to reach to the previous year’s levels in 2023. This could be attributed to limited number of big-name collections that came to auction, uncertainty surrounding economics and weaknesses of stock markets. Against all negative factors, this year has seen a surge of interest in art finance products and proliferating regulatory approaches in the art market. Raging conflicts in

Thousands of artworks in office spaces, financial support for emerging artists, a showcase for new voices from diverse regions worldwide, and a staggering market valued at millions of pounds. These are some of the key aspects of international corporate collections. In the last decade, these collections have gained enough momentum to dominate the art world from different angles due to their increased interest in contemporary ideas as a means to regenerate collections and the e

In the last decade, interest in fractional ownership and its opportunities have escalated massively in the art world. For centuries, since the idea of art investment emerged, only wealthy or high-net-worth (HNWI) collectors could invest in art by buying it physically. This characteristic protected the secretive, elusive nature of the nineteenth-century Paris Salon culture, which is similar to the culture of art investment that would come centuries later. But nowadays, thanks

For the last two decades, the Turkish art market has been an important topic amongst art circles, especially with its peak in the late 2000s. Spiral movement in the Turkish market is caused and impacted by the country’s politics, economics and cultural landscape. However, the conjunction of East and West has the potential to grow even further and attract international art world participants to its doorstep. But what is the current state of the Turkish art market today? As an

Disruptive NFTs and Side Effects of the NFT Craze It has been a tremendous year for me and for my colleagues at Sotheby's Institute of Art...