The Artnet Intelligence Report (Mid-Year Review 2023)

Image: Village Green.

Artnet News’ inaugural half-year edition of the Intelligence Report paints a clear picture of today’s art market by the numbers, with a wealth of eye-opening data points. Megan Fox Kelly contributes to the report’s ‘Marketplace: The Best Seller List (Impressionist and Modern)’ category.

In the Impressionist and Modern category, the Artnet News team reports that “Rarity and freshness are the names of the game in this segment of the market, which encompasses work by artists born between 1821 and 1910. The five best-performing paintings had never appeared at auction before.”

In the Imp-Mod category, as in many others, “we are clearly moving into a period of correction following the turbulence in the financial markets,” said art advisor Megan Fox Kelly. “Not a sharp swing, but some price sensitivity and more discretion in buying.”

Read the full Intelligence Report here.