Secondary art market is booming

Spread the love

The secondary art market is booming despite all the troubles of the credit crunch

Sotheby’s spring contemporary art auction on Wednesday evening was the most lucrative auction in the company’s history, blowing past the high end of Sotheby’s estimate with sales totaling $362 million, including a record $86.3 million for a 1976 Francis Bacon triptych that had been expected to sell for about $16 million less.

“The secondary art reaffirms how the art market is doing overall,” said a Chicago art dealer. Sotheby’s results show that art has kept its value even as times are bad, he said, with buyers likely seeing it as a better investment as the real estate and stock market suffer losses.

Photogold was the first online art gallery in the UK , founded in 1998 . It was set up by photographer David Rankin  to market his prints of Scotland , including landscape prints featuring our eco canvas prints . We have a number of signed limited edition prints by Scottish artist Jack Vettriano including Lunchtime Lovers and the Last Great Romantic .

Contact us online or phone 07723-538941.

Join our Jack Vettriano group on Facebook for regular updates on new prints

Photogold now has a shop on Etsy, selling Jack Vettriano prints and canvas prints of Scotland . 

Photogold offers a corporate art service for local businesses . With over 20 years experience in the art trade we can supply the artwork for any business , hotel or organisation . For more details phone 07723-538941.

Find Photogold on Facebook,  Twitter , Instagram and Linktree

Our Jack Vettriano prints video features a selection of classic Vettriano images .

All prints come with a full 14 day money back guarantee . If you are not satisfied with your print please return it for a full refund .