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April 1, 2015

Celebrating the 2014 Global Art Market Record Sales!

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Celebration of Light 2015, Vancouver, wikipedia.org

Global art sales last year reached an all-time high, beating the last record high set in 2007. For the first time, art sales around the world totaled a record €51 billion ($61 billion), according to The European Fine Art Fair (TEFAF) 2015 Art Market Report. Most of the art sales in 2014 took place in the US (39 percent), China (22 percent) and the UK (22 percent).

What was popular last year? Contemporary and Post War art by far! Defined as art by artists born after 1910, Contemporary and Post War art accounted for 48 percent of global art market sales. Impressionism/Post Impressionism and Old Masters followed at 12 percent and 8 percent respectively.

The domination of Contemporary and Post War art means a lot at Windows to the Divine®. It is our mission to support artists in their vocation. We believe that artists are inspired by the divine, and that they have a special calling to bring beauty into the world, thereby promoting the good—and our world today needs more of the good! Our exhibitions feature art by today’s living artists, supporting them in their divine vocation.

The TEFAF Report also noted that the global market is highly polarized, with a large share of sales by value being dominated by a relatively small number of artists, buyers and sellers. At Windows to the Divine® we aim to change that. The record high in art sales last year was due in part to the growth of online sales, which encouraged more sales of lower priced art. Through our new website and the new online Collectors for Connoisseurship membership program, we are encouraging everyone to love and collect art by enabling relationships between art lovers and artists and promoting connoisseurship and art sales.

We want everyone to be an art collector, regardless of financial means. As Windows to the Divine® expands with our new website and programs, we hope to play a part in making 2015 an even better year for global art market sales.

For more about the TEFAF report click here.

Shannon Robinson is the curator and chairperson of the national exhibition Windows to the Divine and the national plein air event Altitude and Attitude. More about Shannon…

Banner Image Above: Kathy Anderson, Pomegranates, Windows Exhibition 2014 (Private Collection)

Filed Under: Blog, Global Art Market Tagged With: art, art collecting, art connoisseur, art online, artists, colorado dominican, contemporary art, dominican, global art market, impressionism, online art sales, post war, shannon robinson, TEFAF, windows to the divine

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2011 – 2020 SOLD WORKS

Anderson, Kathy Atherholt, Blair Basham, Jill Beckner, Jim Been, Joshua Bilmes, Daniel Birdsall, Stephanie Block, Greg Cato, Nicholas Evans Dunn, Pem Dunaway, Michelle Ferguson, Max Folsom, Kelli Fraser, Scott Gadlin, Michael Gargotto, Ann Gerbrandt, Ron Gleiter, Uli Gray, David Handell, Albert Hartshorn, Stephanie Hauber, Christine Hicks, Ron Ho, Quang Hook, William Hunt, Jane Hurtt, Kaye Hyer, Susie Jenkins, Carol Johnston, Brendan Ivanov, Olga/Aleks Kelley, Linda Kemp, Andrea Keys, Daniel Liu, Huihan Lombardi, Terrie Lucong Ma, Kyle Mack, Karol Mascarenas, Nura Matthews, William Mayer, David W. McCain, Aliki McCaw, Dan McCaw, Danny McCaw, John McGraw, Sherrie Mueller, Ned Mundy, C. W. O'Hagan, Desmond Richmond, Ron Rothe, Vanessa Sahli, Don Santillanes, Dave Santillanes, David Soukup, Jill Spooner, Robert  Stein, Adrienne Steinworth, Skip Stoehr, William St. John, Cheryl Switzer, Nancy Tyler, Clive Vance, Karen Vito, Teresa Xeus, Vincent Zito, Ron
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Colorado Dominican Vocation Foundation
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