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