Liana, thank you very much, very interesting interview!
But it seems that we (at ARTinvestment.RU) there is reason to disagree with the Director Artprice.com. The fact that we now intend to introduce new codes of the art market - at a price sub-bands. This index will be similar to what we have now, but calculated on the following price ranges (current prices):
- is less than 15 thousand dollars
- 15-50 thousand dollars
- 50-150 thousand dollars
- more than 150 thousand dollars
Final payment until, unfortunately, no (they appear around the number to 20 January), is still going debugging algorithm, but preliminary calculations give a rather paradoxical results. Of course, all this should still check and recheck, however, since I introduced this occasion, I venture to something pre-voice.
So. Preliminary results are such that none of the above my price segments of the market is not any appreciable fall of the indices. This means that to date, any significant correction in prices at auctions does not happen.
There is a legitimate question: what, then, caused the fall of the general market index this fall, which remarkably illustrate our general indexes graphics art market? And it caused a redistribution of sales in the listed price segments. Significantly reduced the number of sales in higher-priced market segments, and the proportion of low-cost sales began to prevail, that affect the average market prices, led to their decline.
Once a reservation, that while this is only the preliminary results. However, they are consistent with the mood of the market. Decent Work collectors now take, do not sell, fearing the crisis mood. But the real masterpieces are sold at a very pre-crisis prices, which confirms and Mr. Ehrmann.
In addition to these new price indexes on sub-bands that I have already mentioned, we will take another graph showing the distribution of sales between the same price sub-band to the analyst can gain a complete picture of the situation on the market. In general, if all goes according to plan, two or three weeks, you all can see for yourself.