There has never been so many contemporary prints sold as in recent months.” Artprice’s Art Market Insight reveals that today photography represents 7% of contemporary works sold across the globe (or 4% of total product sales.) For the period between July 2013 and July 2014 painting represented 60% of turnover for 40% of global transactions.“If the average price of prints has rapidly increased, there has also been better control of editions; there was a lack of education before.” A more significant growth of prices in coming years is therefore not to be ruled out.
The event fouded by Cécile Shall aims to be the younger offshoot of Paris Photo and hopes to incite young fans to begin collections, employing many tools including an informative guide “Start to Collect”, in which the works on offer are priced at less than €1,000 and are indicated with a star.This year more than 100 galleries are investing in the fair, with a notable growth of 20% in Asian galleries.The gradual depletion of important works on the market combined with the remarkable valuation work carried out over the last ten to 15 years by curators, gallery owners and institutions (for example Rencontres d’Arles) has paid off.The general public’s interest in photography is constantly growing and we have seen evidence that prices will follow.Paris Photo 2014 This year Paris Photo is to take place between 13 and 16 November at the Grand Palais, bringing together 143 galleries from around the world of which there are 36 newcomers and 26 publishers, laying emphasis upon the pioneering role of private collectors.
On the first floor of the Salon d’honneur du Grand Palais, the exhibition “Reflet d’une époque: premières photographies d’Asie du Sud (1860-1910) de l’Alkazi Foundation for the Arts, New Delhi” will run concurrently.
Undertaken by a panel of experts, Art Tactic’s confidence index for the photography market has currently noted a score of 81 (a figure higher than 50 means a positive response to the market).
It is a relatively young market with similarly young collectors, however over the last three or four years we have seen prices constantly increase.
This exhibition will allow the visitor to discover the details of the institution’s acquisition process, choices made around certain figures such as William Klein, Geraldo de Barros, Susan Meiselas, information on movements such as conceptual photography (Regina Silveira, Liliana Porter, Sarah Charlesworth) and investigations into identity and gender (Lyle Ashton Harris, Mark Morrisroe, Oscar Muñoz) as well as an important focus on contemporary practices (Collier Schorr, Lisa Oppenheim).
To complete the programme, Paris Photo is to present the exhibition “Livre Ouvert” which underlines the importance of the book in the history of photography.
For the 2014 edition, prizes will be awarded for “First Book”, “Book of the Year” and “Catalogue of the Year”.