Markert Analysis

2014 was indeed the best year ever recorded in auction history, the global Fine Art Market posted over $15 billion, up by 26% compared to 2013 ($12.05 billion) figure and more than 300% compared with a decade earlier."In terms of the number of artworks sold in the world,it remained stable compared to 2013 at 505,000. The unsold rate has been perfectly stable for the last four years, at 37% in the West and 54% in the East, which shows a clear lack of speculation."